Lazard, Inc. (LAZ)

Lazard Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	279.91	-75.48	357.52	528.06
Depreciation & Amortization, Total	36.28	42.85	42.34	38.38
Gain (Loss) On Sale of Investments	-	40.91	-	-
Change in Accounts Receivable	-3.58	-100.5	140.75	-81.61
Change in Other Net Operating Assets	19.84	-140.37	-250.04	-217.86
Other Operating Activities	76.15	-41.41	137.12	204.99
Operating Cash Flow	742.83	164.66	833.98	866.08
Capital Expenditures	-45.5	-28.3	-49.51	-39.7
Cash Acquisitions	-	-10.52	-	-
Investment in Securities	-15.84	-	-	-
Other Investing Activities	-0.99	-	-7.5	-
Investing Cash Flow	134.07	-38.32	-56.44	-39.06
Long-Term Debt Issued	395.96	-	-	-
Long-Term Debt Repaid	-399.15	-	-	-
Net Debt Issued (Repaid)	-3.19	-	-	-
Repurchase of Common Stock	-59.5	-102.05	-691.71	-406.15
Common Dividends Paid	-179.02	-173.08	-181.88	-195.94
Other Financing Activities	-197.96	-1,296	-508.45	797.93
Financing Cash Flow	-439.67	-1,571	-1,382	195.84
Foreign Exchange Rate Adjustments	-52.85	30.44	-186.13	-161.67
Net Cash Flow	384.39	-1,414	-790.61	861.19
Free Cash Flow	697.33	136.37	784.47	826.38
Free Cash Flow Growth	411.37%	-82.62%	-5.07%	61.52%
Free Cash Flow Margin	22.87%	5.41%	28.29%	25.87%
Free Cash Flow Per Share	6.81	1.53	7.77	7.27
Cash Interest Paid	84.42	73.68	77.44	77.99
Cash Income Tax Paid	33.97	44.23	144.31	74.1

Updated Jan 29, 2026. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q