diff --git a/modin/core/dataframe/pandas/dataframe/dataframe.py b/modin/core/dataframe/pandas/dataframe/dataframe.py
index 233bca9f71c..e200c601c1a 100644
--- a/modin/core/dataframe/pandas/dataframe/dataframe.py
+++ b/modin/core/dataframe/pandas/dataframe/dataframe.py
@@ -4121,6 +4121,7 @@ def transpose(self):
             dtypes=new_dtypes,
         )
 
+    @lazy_metadata_decorator(apply_axis="both")
     def finalize(self):
         """
         Perform all deferred calls on partitions.