Evercore Inc.

Investment Advice

EVRMixed10 of 11 basics passed

$271.86

+1.92%

Market cap $10.5B

$271.86

+1.92%

Market cap $10.5B

Evercore is a leading independent investment banking advisory firm that generates most of its revenue through merger and acquisition and restructuring advisory services, with much smaller capital raising, equities trading, and investment management businesses.

It is a $10.5B financial services company. Revenue grew 45.7% over the last year, and it keeps 16¢ of every dollar of sales as profit. It trades at 14.0× earnings — around the middle of its own history.

Website: evercore.com
Location: New York, NY
Employees: 2 570
Sector: Financial Services
Founded: 1995

Share price · 3 years

$133.95 → $271.86+103.0%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $4.74B
Profit: keeps 16¢ of every $1 sold; $745M
Free cash flow: cash left after running the business; $1.63B
P/E: years of profit in the price; 14.0
EPS: earnings per share, TTM; $17.68
Dividend: pays out 20% of profit · 9% of FCF; 1.44%
Shares: down 5% since 2016 — buybacks; 42.1M
Volatility: beta vs the market — under 1 swings less; 1.50

Revenue, last 10 years

52-week range

Low $256.93$271.86High $383.12

Today's price is 12% of the way from the year's low to its high.

P/E vs its history5y

14.0×median 18.2×

Higher than 37% of past days — around the middle of its own history.

Valuation vs own history

P/E

14.0×

64%

P/S

2.2×

59%

EV/EBITDA

9.9×

80%

P/B

4.8×

54%

FCF yield

15.6%

69%

Share of the last ~5 years that was pricier than today (cheaper than usual). Based on the daily valuation record.

Standing in Financial Services

Size$10.5Btop 81%
Revenue growth+12%top 38%
Net margin16%top 50%
Return on equity40%top 6%
P/E14.0×top 52%
Dividend yield1.44%top 66%

Ranked against 129 Financial Services companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong valuation and quality; Growth and Moat lag behind.

Valuation90

P/E vs own history37th pct · 20/25
FCF yield15.5% · 25/25
P/S2.2x · 20/25
EV/EBITDA9.3x · 25/25

Growth46

Revenue CAGR4.1% · 6/25
Net income CAGR-5.4% · 0/25
EPS CAGR ~5Y11.3% · 20/25
Fwd implied growth17.4% · 20/25

Profitability65

ROICn/a · 0/25
ROE39.8% · 25/25
Net margin15.7% · 20/25
Operating margin21.2% · 20/25

Health50

Altman Zn/a · 0/25
Current ratio2.47 · 25/25
Interest coverage61.5x · 25/25
Net cash / debtn/a · 0/25

Quality85

Piotroski F5/9 · 15/25
Beneish M-2.83 · 25/25
FCF conversion218% · 25/25
Margin stabilityσ 5.7% · 20/25

Moat43

ROIC >12% yearsn/a · 0/25
Median gross marginn/a · 0/25
FCF-positive years10/10 yrs · 25/25
Worst-year net marginworst 7.3% · 18/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2021Financial
Best year on record
$740M net income
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Revenue already above $1B
$1.46B in first reported year
FY2016Financial
Positive free cash flow every year since
10-year streak
1995Founded
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded…

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$19 811 today — price return only

$3.9B revenue in FY2025

Revenue up 45.7% year over year

Profitable 10 years in a row

Positive free cash flow 10 years in a row

2 570 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

High gross margin (99.0%)
Revenue growing 45.7% year over year
Strong cash conversion — FCF is 34.3% of revenue
Interest covered 61.5× by operating earnings

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

10 of 11 checks passed

Revenue growing — the company sells more than a year ago+45.7% YoY
Profitable — makes more than it spends$745M TTM
Profit growing — earnings are higher than last year+6.6% YoY
Generates cash — cash left after running and investing$1.63B TTM
Debt under control — could handle its obligationscurrent ratio 2.47
Established company — not a micro-cap — lower blow-up risk$10.5B market cap
Not printing shares — share count not ballooning — you keep your slice-1.2% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 50/100
Pays a dividend — returns cash to shareholdersyield 1.44%
Valuation not extreme — price not wildly above earningsP/E 14.0

Peer comparisonEvercore Inc. vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
EVR this company	$10.5B	14.0	+45.7%	15.7%	Mixed
BRK.A Berkshire Hathaway Inc.	$1.1T	11.6	+3.9%	22.3%	Mixed
BRK.B Berkshire Hathaway	$1.1T	11.6	+0.0%	18.0%	Strong
JPM JPMorgan Chase & Co.	$886.2B	13.6	+13.5%	32.6%	Strained
V VISA Inc.	$723.9B	31.9	+14.4%	50.8%	Solid
MA Mastercard Incorporated	$516.4B	31.7	+16.0%	46.3%	Mixed
BAC Bank of America Corporation	$380.4B	11.3	+15.9%	27.8%	Mixed

Head-to-head: EVR vs BRK.A · EVR vs BRK.B · EVR vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 3Buy 6Hold 6

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $4.74B · net income $745M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

RevenueNet income

Revenue (TTM)

$4.74B

YoY 45.7%

Net income (TTM)

$745M

Margin 15.7%

Gross margin

99.0%

Operating margin

21.2%

P/E ratio

14.0

Dividend yield

1.44%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	2.3	3.3	2.8	2.4	3.0	3.9
Gross profit	—	—	—	—	—	—
Operating income (EBIT)	0.5	1.1	0.7	0.4	0.5	0.8
Net income	0.4	0.7	0.5	0.3	0.4	0.6
EPS (diluted)	8.22	17.08	11.61	6.37	9.08	14.05

Cash flowFree cash flow $1.63B · operating cash flow $1.67B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$1.63B

Margin 34.3%

Operating cash flow (TTM)

$1.67B

FCF margin

34.3%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	1.0	1.4	0.5	0.5	1.0	1.3
Capital expenditure	-0.1	-0.0	-0.0	-0.0	-0.0	-0.1
Free cash flow	0.9	1.4	0.5	0.4	1.0	1.2
FCF margin	40.5%	41.0%	18.3%	17.9%	32.0%	30.5%

Balance sheetAssets $5.36B · debt n/a (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $5.36B of assets is financed

60%

40%

Liabilities $3.04B — borrowed moneyEquity $2.03B — owners' stake

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

61.5x

EBIT ÷ interest expense

ROE

39.8%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	1.9	2.4	2.1	2.0	2.4	3.0
Total assets	3.4	3.8	3.6	3.7	4.2	5.4
Total liabilities	1.9	2.2	1.9	1.9	2.2	3.0
Total debt	—	—	—	—	—	—
Equity	1.2	1.3	1.5	1.6	1.7	2.0
Net debt	—	—	—	—	—	—

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of EVR on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $271.86 · market cap $10.5B.