Lazard Inc (LAZ) quarterly cash flow statement — complete operating, investing & financing history
Lazard Inc (LAZ) cash flow statement — 22-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 316.45M | 203.4M | -219.27M | 403.42M | 287.47M | 49.68M | -217.53M | 362.85M | 383.74M | 176.24M | -89.99M | 341.6M | 33.49M | 201M | -411.42M | 314.32M | 434.56M | 298.63M | -213.53M | 452.86M |
| Operating CF Growth % | 10.08% | 309.42% | -0.8% | 11.18% | -25.09% | -71.81% | -141.73% | 6.22% | 1045.89% | -12.32% | 78.13% | 8.68% | -92.29% | -32.69% | -92.67% | -30.59% | 9.15% | 115.75% | -73.12% | 41.29% |
| Net Income | 29.67M | 13.73M | 100.56M | 48.21M | 73.5M | 61.32M | 61.99M | 84.16M | 105.36M | 52.05M | 34.48M | 71.49M | 7.14M | -124.78M | -15.2M | 57.06M | 122.79M | 95.48M | 120.97M | 211.29M |
| Depreciation & Amortization | 7.37M | 7.37M | 7.82M | 8.64M | 8.48M | 8.63M | 8.44M | 8.81M | 8.96M | 9.2M | 9.15M | 10.77M | 10.61M | 27.96M | 26.35M | 10.46M | 10.87M | 132.71M | 27.36M | 78.48M |
| Deferred Taxes | 11.21M | 634K | -15.5M | 0 | 15.47M | 8.25M | -26.09M | 37.04M | -19.53M | 0 | 0 | 60.11M | 13.57M | 0 | 40.23M | -14.22M | 12.33M | 17.14M | 26.26M | 36.88M |
| Other Non-Cash Items | 16.68M | -48.18M | 64.26M | 155.43M | -140.82M | 151.06M | 10.64M | 82.19M | 122.52M | 90.01M | 122.66M | 6.81M | 63.3M | -883K | 475K | 87.49M | 59.34M | 11.7M | 0 | -14.45M |
| Working Capital Changes | 126.2M | -51.98M | -376.41M | 191.14M | 75.96M | -179.58M | -376.68M | 150.66M | 166.43M | -64.37M | -326.47M | 151.47M | -119.5M | 298.69M | -571.53M | 173.54M | 154.32M | 41.61M | -478.76M | 102.47M |
| Cash from Investing | -17.68M | -242K | -47.51M | -15.79M | -14.94M | -26.32M | -22.69M | 34.26M | 209.3M | -102.83M | -6.43M | -8.65M | -7.26M | -7.28M | -15.13M | -24.22M | -12.73M | -5.98M | -13.51M | -14.46M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17.49M | -98.35M | 0 | -138K | -1.32M | -228K | -50K | -427K | -239K | 0 | 0 | 0 |
| Sale/Maturity of Investments | 0 | 3.56M | 0 | 2.24M | 0 | 0 | 0 | 50M | 49.77M | 51K | 181K | 829K | 1.07M | 130K | 50K | 126K | 180K | 17K | 191K | -79K |
| Net Investment Activity | 0 | 3.56M | 0 | 2.24M | 0 | 0 | 0 | 50M | 32.28M | -98.3M | 181K | 691K | -252K | -98K | 0 | -301K | -59K | 17K | 191K | -79K |
| Acquisitions | -1.99M | 46.23M | -46.23M | 0 | 0 | 0 | 0 | 0 | -1.93M | 1.92M | 12K | 138K | 252K | 98K | -10.52M | 301K | 59K | 211K | 2K | -57K |
| Other Investing | -10.06M | -52.21M | 905K | -14.45M | -26.62M | -14.63M | -8.87M | -870K | 165.88M | 0 | 0 | -691K | 252K | 98K | 2K | 301K | -7.44M | -17K | -191K | 79K |
| Cash from Financing | -150.31M | -220.79M | -153.39M | -136.92M | -97.41M | -39.97M | -191.57M | -233.87M | -111.67M | -192.66M | 98.31M | -150.27M | -176.73M | -171.77M | -1.07B | -781.2M | -538.66M | -42.93M | -19.24M | -125.44M |
| Dividends Paid | -48.73M | -49.25M | -46.95M | -47.38M | -47.18M | -47.07M | -44.95M | -45.19M | -45.09M | -45.02M | -43.72M | -43.71M | -43.44M | -43.4M | -42.52M | -42.97M | -46.24M | -46.01M | -46.66M | -48.35M |
| Share Repurchases | -33.29M | -50M | -1.69M | -50M | -115.87M | -3.76M | -36.16M | -15.57M | -3.11M | -18.81M | -22M | 0 | -2.95M | -172K | -98.92M | -79.53M | -236.99M | -199.39M | -175.8M | -119.96M |
| Stock Issued | 0 | 0 | -125.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -33.29M | -50M | -127.15M | -50M | -115.87M | -3.76M | -36.16M | -15.57M | -3.11M | -18.81M | -22M | 0 | -2.95M | -172K | -98.92M | -79.53M | -236.99M | -199.39M | -175.8M | -119.96M |
| Debt Issuance (Net) | 0 | -1000K | 0 | 0 | -1000K | 0 | 0 | -1000K | 0 | 10K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -68.28M | -74.94M | 20.72M | -39.54M | 363.99M | 10.86M | -110.46M | -6.98M | -63.47M | -128.79M | -231.79M | -106.56M | -130.34M | -128.2M | -930.97M | -658.71M | -255.43M | 202.47M | 203.22M | 42.87M |
| Net Change in Cash | 149.98M | -24.75M | -436.11M | 298M | 194.74M | 40.53M | -401.59M | 95.63M | 519.3M | -120.2M | -20.33M | 218.21M | -173.13M | 23.75M | -1.48B | -323.31M | -262.77M | 93.58M | -298.1M | 268.99M |
| Exchange Rate Effect | 1.51M | -7.12M | -15.95M | 47.29M | 19.61M | 57.14M | 30.21M | -67.61M | 37.94M | -952K | -22.23M | 35.54M | -22.62M | 1.81M | 15.71M | 167.79M | -145.95M | -156.15M | -51.82M | -43.97M |
| Cash at Beginning | 1.3B | 1.23B | 1.67B | 1.21B | 1.25B | 1.21B | 1.61B | 1.51B | 880.64M | 1.2B | 1.22B | 1.01B | 1.18B | 1.16B | 2.64B | 2.96B | 3.23B | 3.13B | 3.43B | 3.16B |
| Cash at End | 1.45B | 1.21B | 1.23B | 1.5B | 1.44B | 1.25B | 1.21B | 1.61B | 1.4B | 1.08B | 1.2B | 1.22B | 1.01B | 1.18B | 1.16B | 2.64B | 2.96B | 3.23B | 3.13B | 3.43B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 310.82M | 205.59M | -221.45M | 399.84M | 312.98M | 37.99M | -231.35M | 347.98M | 396.8M | 169.8M | -96.61M | 332.8M | 25.97M | 193.62M | -416.03M | 289.8M | 429.27M | 292.44M | -227.04M | 438.45M |
| FCF Growth % | -0.69% | 441.1% | 4.28% | 14.9% | -21.12% | -77.62% | -139.48% | 4.56% | 1427.72% | -12.3% | 76.78% | 14.84% | -93.95% | -33.79% | -83.24% | -33.9% | 10.01% | 127.5% | -73.53% | 50.95% |