diff --git a/flatdata-generator/flatdata/generator/generators/__init__.py b/flatdata-generator/flatdata/generator/generators/__init__.py
index 67bbaf9f..c72e132f 100644
--- a/flatdata-generator/flatdata/generator/generators/__init__.py
+++ b/flatdata-generator/flatdata/generator/generators/__init__.py
@@ -29,6 +29,7 @@ class BaseGenerator(metaclass=ABCMeta):
 
     def __init__(self, template: str) -> None:
         self._template = template
+        self._env: Environment | None = None
 
     @abstractmethod
     def supported_nodes(self) -> list[type]:
@@ -49,30 +50,36 @@ def get_import_directives(self, tree: SyntaxTree) -> list[str]:
         """Return language-specific import directives. Override in subclasses."""
         return []
 
+    def _get_environment(self, tree: SyntaxTree) -> Environment:
+        if self._env is None:
+            env = Environment(loader=PackageLoader('flatdata.generator', 'templates'), lstrip_blocks=True,
+                              trim_blocks=True, autoescape=False, extensions=[RaiseExtension])
+            env.filters['is_archive'] = lambda n: isinstance(n, Archive)
+            env.filters['is_instance'] = lambda n: isinstance(n, Instance)
+            env.filters['is_raw_data'] = lambda n: isinstance(n, RawData)
+            env.filters['is_archive_resource'] = lambda n: isinstance(
+                n, ArchiveResource)
+            env.filters['is_structure'] = lambda n: isinstance(n, Structure)
+            env.filters['is_enumeration_reference'] = lambda n: isinstance(n, EnumerationReference)
+            env.filters['is_enumeration'] = lambda n: isinstance(n, Enumeration)
+            env.filters['is_constant'] = lambda n: isinstance(n, Constant)
+            env.filters['is_namespace'] = lambda n: isinstance(n, Namespace)
+            env.filters['is_resource'] = lambda n: isinstance(n, ResourceBase)
+            env.filters['is_bound_resource'] = lambda n: isinstance(
+                n, BoundResource)
+            env.filters['is_vector'] = lambda n: isinstance(n, Vector)
+            env.filters['is_multivector'] = lambda n: isinstance(n, Multivector)
+            env.filters['is_multivector_index'] = lambda n: (isinstance(
+                n, Structure) and "_builtin.multivector" in SyntaxTree.namespace_path(n))
+            env.filters['namespaces'] = SyntaxTree.namespaces
+            env.filters['not_auto_generated'] = lambda n: [ x for x in n if not x.auto_generated]
+            self._populate_environment(env, tree)
+            self._env = env
+        return self._env
+
     def render(self, tree: SyntaxTree) -> str:
         """Generate the language implementation from the AST"""
-        env = Environment(loader=PackageLoader('flatdata.generator', 'templates'), lstrip_blocks=True,
-                          trim_blocks=True, autoescape=False, extensions=[RaiseExtension])
-        env.filters['is_archive'] = lambda n: isinstance(n, Archive)
-        env.filters['is_instance'] = lambda n: isinstance(n, Instance)
-        env.filters['is_raw_data'] = lambda n: isinstance(n, RawData)
-        env.filters['is_archive_resource'] = lambda n: isinstance(
-            n, ArchiveResource)
-        env.filters['is_structure'] = lambda n: isinstance(n, Structure)
-        env.filters['is_enumeration_reference'] = lambda n: isinstance(n, EnumerationReference)
-        env.filters['is_enumeration'] = lambda n: isinstance(n, Enumeration)
-        env.filters['is_constant'] = lambda n: isinstance(n, Constant)
-        env.filters['is_namespace'] = lambda n: isinstance(n, Namespace)
-        env.filters['is_resource'] = lambda n: isinstance(n, ResourceBase)
-        env.filters['is_bound_resource'] = lambda n: isinstance(
-            n, BoundResource)
-        env.filters['is_vector'] = lambda n: isinstance(n, Vector)
-        env.filters['is_multivector'] = lambda n: isinstance(n, Multivector)
-        env.filters['is_multivector_index'] = lambda n: (isinstance(
-            n, Structure) and "_builtin.multivector" in SyntaxTree.namespace_path(n))
-        env.filters['namespaces'] = SyntaxTree.namespaces
-        env.filters['not_auto_generated'] = lambda n: [ x for x in n if not x.auto_generated]
-        self._populate_environment(env, tree)
+        env = self._get_environment(tree)
         template = env.get_template(self._template)
 
         flatdata_nodes = [n for n, _ in DfsTraversal(tree).dependency_order() if
diff --git a/flatdata-generator/flatdata/generator/tree/nodes/node.py b/flatdata-generator/flatdata/generator/tree/nodes/node.py
index f8624254..464504ee 100644
--- a/flatdata-generator/flatdata/generator/tree/nodes/node.py
+++ b/flatdata-generator/flatdata/generator/tree/nodes/node.py
@@ -16,6 +16,18 @@
 _T = TypeVar('_T', bound='Node')
 
 
+class _NodeNotFoundError(RuntimeError):
+    """Lazy error that defers expensive symbols() computation to str()."""
+
+    def __init__(self, path: str, tree: 'Node') -> None:
+        self._path = path
+        self._tree = tree
+
+    def __str__(self) -> str:
+        return "Path '{path}' not found in tree. Options: {options}".format(
+            path=self._path, options=tuple(self._tree.symbols()))
+
+
 class Node:
     """
     Node of a Syntax Tree.
@@ -48,6 +60,7 @@ def __init__(self, name: str, properties: ParseResults | None = None) -> None:
         self._parent: Node | None = None
         self._source_file: str | None = None
         self._is_local: bool = True
+        self._cached_path: str | None = None
 
     @property
     def source_file(self) -> str | None:
@@ -110,9 +123,17 @@ def path(self) -> str:
         """
         Returns nodes' path in a tree.
         """
-        if self._parent is None:
-            return self.name
-        return Node.jointwo(self._parent.path, self.name)
+        if self._cached_path is None:
+            if self._parent is None:
+                self._cached_path = self.name
+            else:
+                self._cached_path = Node.jointwo(self._parent.path, self.name)
+        return self._cached_path
+
+    def _invalidate_path_cache(self) -> None:
+        self._cached_path = None
+        for child in self._children.values():
+            child._invalidate_path_cache()
 
     def path_with(self, separator: str = '_') -> str:
         """
@@ -142,6 +163,7 @@ def set_name(self, value: str) -> None:
                 "Cannot rename the node, name {value} is already in use".format(value=value))
 
         self._name = value
+        self._invalidate_path_cache()
         if self.parent is not None:
             self.parent.reindex()
 
@@ -157,14 +179,12 @@ def find(self, path: str) -> Node:
         try:
             target = self
             if target.name != keys[0]:
-                raise RuntimeError("Path {path} not found in tree. Options: {options}".format(
-                    path=path, options=tuple(self.symbols())))
+                raise _NodeNotFoundError(path, self)
 
             for key in keys[1:]:
                 target = target._children[key]
         except (KeyError, IndexError):
-            raise RuntimeError("Path '{path}' not found in tree. Options: {options}".format(
-                path=path, options=tuple(self.symbols())))
+            raise _NodeNotFoundError(path, self)
         return target
 
     def get(self, path: str, default: Node | None = None) -> Node | None:
@@ -251,6 +271,7 @@ def insert(self, *nodes: Node) -> Node:
 
             self._children[node.name] = node
             node._parent = self
+            node._invalidate_path_cache()
         return self
 
     def erase(self, key: str) -> None:
@@ -300,6 +321,7 @@ def detach(self) -> Node:
             return self
         del self._parent._children[self.name]
         self._parent = None
+        self._invalidate_path_cache()
         return self
 
     def symbols(self, include_types: bool = False) -> set[str] | dict[str, type]:
diff --git a/flatdata-generator/flatdata/generator/tree/nodes/references.py b/flatdata-generator/flatdata/generator/tree/nodes/references.py
index cd5466a8..5dd1c165 100644
--- a/flatdata-generator/flatdata/generator/tree/nodes/references.py
+++ b/flatdata-generator/flatdata/generator/tree/nodes/references.py
@@ -14,6 +14,7 @@ class Reference(Node):
 
     def __init__(self, name: str) -> None:
         super().__init__(name=Reference._referencify(name))
+        self._cached_node: Node | None = None
 
     @property
     def target(self) -> str:
@@ -23,11 +24,14 @@ def update_reference(self, new_value: str) -> None:
         assert new_value.endswith(self.target), \
             "References can only be updated during resolution for the same symbol: %s -> %s" % \
             (self.target, new_value)
+        self._cached_node = None
         self.set_name(Reference._referencify(new_value))
 
     @property
     def node(self) -> Node:
-        return self.root.find(self.target)
+        if self._cached_node is None:
+            self._cached_node = self.root.find(self.target)
+        return self._cached_node
 
     @property
     def is_qualified(self) -> bool:
diff --git a/flatdata-generator/flatdata/generator/tree/syntax_tree.py b/flatdata-generator/flatdata/generator/tree/syntax_tree.py
index 81f9ebb4..3f5030d4 100644
--- a/flatdata-generator/flatdata/generator/tree/syntax_tree.py
+++ b/flatdata-generator/flatdata/generator/tree/syntax_tree.py
@@ -5,6 +5,7 @@
 from __future__ import annotations
 
 from collections.abc import Iterator, Sequence
+from typing import TYPE_CHECKING
 
 from flatdata.generator.tree.nodes.references import TypeReference
 from flatdata.generator.tree.nodes.trivial import Namespace
@@ -15,6 +16,9 @@
 from flatdata.generator.tree.nodes.root import Root
 from flatdata.generator.tree.importer import ImportInfo
 
+if TYPE_CHECKING:
+    from flatdata.generator.generators import BaseGenerator
+
 class SyntaxTree:
     """
     Flatdata Syntax Tree.
@@ -99,14 +103,16 @@ def _unique(sequence: list[Node]) -> list[Node]:
             nodes.extend(dependent_type)
         return _unique(nodes)
 
+    _schema_generator: 'BaseGenerator | None' = None
+
     @staticmethod
     def schema(node: Node) -> str:
         from ..generators.flatdata import FlatdataGenerator
-        generator = FlatdataGenerator()
+        if SyntaxTree._schema_generator is None:
+            SyntaxTree._schema_generator = FlatdataGenerator()
 
-        # extract subtree from syntax tree
         subtree = node.extract_subtree()
-        return str(generator.render(SyntaxTree(subtree)))
+        return str(SyntaxTree._schema_generator.render(SyntaxTree(subtree)))
 
     @staticmethod
     def namespaces(node: Node) -> Iterator[Node]: