LAZ
Lazard, Inc.
Stock
$36.07−0.37 (−1.02%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $671M | $519M | $743M | $165M | $834M | $866M | $576M | $678M | $699M | $1.0B | $633M | $887M | $736M | $527M | $482M | $398M | $169M | $245M | $506M |
| Capital expenditures | $13M | $32M | $45M | $28M | $50M | $40M | $64M | $43M | $50M | $28M | $39M | $27M | $22M | $61M | $89M | $46M | $13M | $12M | $19M |
| Free cash flow | $659M | $487M | $697M | $136M | $784M | $826M | $512M | $635M | $649M | $1.0B | $594M | $861M | $714M | $466M | $393M | $351M | $155M | $233M | $487M |
| Stock-based compensation | $409M | $360M | $278M | $251M | $241M | $234M | $218M | $253M | $268M | $273M | $261M | $227M | $206M | $236M | $310M | $275M | $305M | — | — |
| Buybacks | $103M | $91M | $60M | $102M | $692M | $406M | $95M | $495M | $553M | $307M | $300M | $173M | $193M | $132M | $354M | $205M | $150M | $50M | $277M |
| Dividends paid | $191M | $187M | $179M | $173M | $182M | $196M | $197M | $255M | $360M | $341M | $336M | $291M | $146M | $122M | $135M | $71M | $51M | $33M | $23M |
| Dividends per share | $2.00 | $2.00 | $2.00 | $2.00 | $1.94 | $1.88 | $1.88 | $2.35 | $3.03 | $2.81 | $2.69 | $2.35 | $1.20 | $1.00 | $1.16 | $0.61 | $0.50 | $0.45 | $0.40 |
| Free cash flow margin | 19.9% | 15.3% | 22.2% | 5.3% | 27.5% | 25.2% | 19.3% | 23.8% | 22.5% | 37.1% | 24.9% | 35.8% | 30.2% | 22.6% | 19.7% | 18.3% | 7.8% | 14.2% | 28.7% |