The firm maintains a conservative capital structure with a debt-to-equity ratio of 0.53 and a robust cash position of $1.9 billion as of 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 |
|---|
| Cash & Short Term Investments | 6.14B | 1.47B | 939.71M | 651.73M | 786.29M | 719.53M | 829.6M | 848.6M | 1.2B | 738.15M | 625.01M | 448.76M | 352.16M | 298.45M | 259.43M | 182.91M | 141.34M | 206.68M | 175.9M | 193.47M | 65.42M | 37.85M | 37.38M |
| Cash & Due from Banks | 1.18B | 1.47B | 939.71M | 651.73M | 786.29M | 719.53M | 829.6M | 848.6M | 890.59M | 609.59M | 558.52M | 448.76M | 352.16M | 298.45M | 259.43M | 182.91M | 141.34M | 206.68M | 175.9M | 193.47M | 65.42M | 37.85M | 37.38M |
| Short Term Investments | 693.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 304.63M | 128.56M | 66.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 853.44M | 1.56B | 1.47B | 1.43B | 1.35B | 1.72B | 1.15B | 498.64M | 295.27M | 226.87M | 183.12M | 170.44M | 164.57M | 157.49M | 147.44M | 190.22M | 153.45M | 159.65M | 128.32M | 16.28M | 10.01M | 16.75M | 16.93M |
| Investments Growth % | 37.25% | 5.83% | 3.22% | 5.36% | -21.28% | 49.77% | 130.13% | 68.88% | 30.15% | 23.89% | 7.44% | 3.56% | 4.5% | 6.82% | -22.49% | 23.96% | -3.88% | 24.41% | 688.06% | 62.65% | -40.25% | -1% | - |
| Long-Term Investments | 3.11B | 1.56B | 1.47B | 1.43B | 1.35B | 1.72B | 1.15B | 498.64M | -9.36M | 98.31M | 116.63M | 170.44M | 164.57M | 157.49M | 147.44M | 190.22M | 153.45M | 159.65M | 128.32M | 16.28M | 10.01M | 16.75M | 16.93M |
| Accounts Receivables | 546.57M | 555.81M | 421.5M | 371.61M | 385.13M | 351.67M | 368.35M | 296.36M | 309.07M | 184.99M | 230.52M | 175.5M | 136.28M | 83.35M | 89.1M | 52.06M | 49.63M | 24.56M | 22.76M | 47.72M | 55.25M | 12.92M | 7.65M |
| Goodwill & Intangibles | 253.28M | 260.87M | 124.45M | 125.49M | 123.28M | 128.58M | 129.82M | 133.06M | 141.76M | 153.81M | 190.33M | 207.47M | 287.78M | 216M | 224.08M | 218.76M | 188.26M | 57.34M | 38.16M | 51.04M | 61.05M | 0 | 0 |
| Goodwill | 227.41M | 230.78M | 124.45M | 125.49M | 123.28M | 128.25M | 129.13M | 130.76M | 131.39M | 134.23M | 160.96M | 166.46M | 218.23M | 189.27M | 188.68M | 177.85M | 139.03M | 49.76M | 32.75M | 42.04M | 37.97M | 0 | 0 |
| Intangible Assets | 25.87M | 30.09M | 0 | 0 | 0 | 336K | 698K | 2.3M | 10.38M | 19.58M | 29.37M | 41.01M | 69.54M | 26.73M | 35.4M | 40.91M | 49.23M | 7.58M | 5.41M | 8.99M | 23.08M | 0 | 0 |
| PP&E (Net) | 636.05M | 647.22M | 584.21M | 516.07M | 380.83M | 411.92M | 419.33M | 326.79M | 81.07M | 68.59M | 51.65M | 47.98M | 42.53M | 27.83M | 29.78M | 21.44M | 14.92M | 8.22M | 8.14M | 10.11M | 4.37M | 2.26M | 1.89M |
| Other Assets | 533.2M | 573.28M | 348.2M | 347.14M | 335.35M | 224.28M | 194.82M | 204.16M | 142.97M | 125.11M | 127.74M | 109.72M | 166.92M | 125.54M | 151.56M | 175.11M | 207.77M | 332.25M | 299.18M | 309.14M | 101M | 7.67M | 873K |
| Total Current Assets | 2.42B | 2.02B | 1.36B | 1.02B | 1.17B | 1.07B | 1.22B | 1.17B | 1.53B | 940.17M | 870.57M | 645.45M | 505.77M | 391.03M | 353.69M | 242.76M | 194.43M | 236.48M | 201.94M | 246.2M | 123.3M | 54.73M | 51.99M |
| Total Non-Current Assets | 1.89B | 3.34B | 2.81B | 2.68B | 2.45B | 2.73B | 2.15B | 1.43B | 597.54M | 644.72M | 791.78M | 833.72M | 940.79M | 789.75M | 791.52M | 800.83M | 703.66M | 654.68M | 537M | 442.9M | 178.2M | 26.68M | 19.69M |
| Total Assets | 4.31B | 5.36B | 4.17B | 3.7B | 3.62B | 3.8B | 3.37B | 2.6B | 2.13B | 1.58B | 1.66B | 1.48B | 1.45B | 1.18B | 1.15B | 1.04B | 898.09M | 891.16M | 738.94M | 689.1M | 301.5M | 81.41M | 71.68M |
| Asset Growth % | 95.49% | 28.37% | 12.71% | 2.27% | -4.78% | 12.81% | 29.72% | 22.25% | 34.12% | -4.66% | 12.38% | 2.25% | 22.51% | 3.11% | 9.74% | 16.2% | 0.78% | 20.6% | 7.23% | 128.55% | 270.34% | 13.58% | - |
| Return on Assets (ROA) | 16.8% | 12.42% | 9.6% | 6.98% | 12.84% | 20.63% | 11.75% | 12.59% | 20.33% | 7.73% | 6.85% | 2.93% | 6.61% | 4.58% | 2.64% | 0.72% | 1% | -0.19% | -0.66% | -6.96% | 36.42% | 82.5% | 69.44% |
| Accounts Payable | 39.06M | 44.56M | 29.04M | 25.99M | 28.81M | 31.63M | 37.96M | 39.73M | 37.95M | 34.11M | 30.72M | 43.88M | 37.1M | 18.36M | 17.91M | 17.85M | 12.56M | 10.16M | 8.1M | 11.35M | 8.95M | 11.67M | 4.11M |
| Total Debt | 1.1B | 1.16B | 923.32M | 844.39M | 687.82M | 721.04M | 719.64M | 651.63M | 168.61M | 175.15M | 184.65M | 141.8M | 127.78M | 103.23M | 101.38M | 99.66M | 98.08M | 96.62M | 95.26M | 289.1M | 87.4M | 425K | 448K |
| Net Debt | -86.02M | -311.36M | -16.39M | 192.66M | -98.47M | 1.5M | -109.96M | -196.97M | -696.9M | -404.41M | -342.73M | -262.96M | -117.89M | -119.66M | -37.27M | 46.34M | 135.43M | 196.83M | 204.11M | 92.39M | 18.71M | -37.43M | -36.93M |
| Long-Term Debt | 539.75M | 540.24M | 335.94M | 373.88M | 371.77M | 376.24M | 338.52M | 375.06M | 168.61M | 175.15M | 184.65M | 141.8M | 127.78M | 103.23M | 101.38M | 99.66M | 98.08M | 96.62M | 95.26M | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 47.98M | 37.95M | 0 | 0 | 0 | 37.97M | 26M | 25.07M | 30.03M | 31.15M | 44M | 106.5M | 75.56M | 120.79M | 129.58M | 178.68M | 306.89M | 284.75M | 285.86M | 84.14M | 0 | 0 |
| Other Liabilities | 875.75M | 1.64B | 1.23B | 999.17M | 1.13B | 1.33B | 1.12B | 781.01M | 886.09M | 549.23M | 632.5M | 542.28M | 462.94M | 420.47M | 414.4M | 330.68M | 241.52M | 181.73M | 119.24M | 215.53M | 95.84M | 16.88M | 14.43M |
| Total Current Liabilities | 308.69M | 348.74M | 175.52M | 113.51M | 117.85M | 158.81M | 118.81M | 99.04M | 63.02M | 64.14M | 61.87M | 87.88M | 143.6M | 93.93M | 138.7M | 147.43M | 191.24M | 317.05M | 292.85M | 297.21M | 93.08M | 12.8M | 5.64M |
| Total Non-Current Liabilities | 1.92B | 2.69B | 2.06B | 1.81B | 1.78B | 2.01B | 1.76B | 1.37B | 1.05B | 724.38M | 817.14M | 684.08M | 590.72M | 523.7M | 515.77M | 430.34M | 339.6M | 278.35M | 214.51M | 218.91M | 95.94M | 17.11M | 14.76M |
| Total Liabilities | 2.23B | 3.04B | 2.23B | 1.92B | 1.89B | 2.17B | 1.88B | 1.47B | 1.12B | 788.52M | 879.01M | 771.96M | 734.32M | 617.63M | 654.47M | 577.77M | 530.84M | 595.4M | 533.16M | 516.12M | 189.03M | 29.91M | 20.4M |
| Total Equity | 2.09B | 2.32B | 1.94B | 1.78B | 1.73B | 1.64B | 1.49B | 1.13B | 1.01B | 796.37M | 783.33M | 707.22M | 712.23M | 563.16M | 490.75M | 465.83M | 367.24M | 295.76M | 205.78M | 172.98M | 112.48M | 51.51M | 51.28M |
| Equity Growth % | 66.93% | 19.47% | 8.94% | 3.25% | 5.57% | 9.8% | 32.24% | 11.74% | 26.57% | 1.66% | 10.76% | -0.7% | 26.47% | 14.75% | 5.35% | 26.84% | 24.17% | 43.73% | 18.96% | 53.79% | 118.38% | 0.44% | - |
| Equity / Assets (Capital Ratio) | 48.41% | 43.3% | 46.52% | 48.13% | 47.68% | 43% | 44.18% | 43.34% | 47.42% | 50.25% | 47.12% | 47.81% | 49.24% | 47.69% | 42.85% | 44.64% | 40.89% | 33.19% | 27.85% | 25.1% | 37.31% | 63.26% | 71.54% |
| Return on Equity (ROE) | 35.52% | 27.78% | 20.31% | 14.56% | 28.35% | 47.37% | 26.81% | 27.87% | 41.82% | 15.88% | 14.43% | 6.04% | 13.62% | 10.11% | 6.04% | 1.67% | 2.7% | -0.63% | -2.49% | -24.17% | 85.05% | 122.88% | 97.07% |
| Book Value per Share | 49.91 | 52.27 | 46.63 | 44.45 | 42.07 | 37.75 | 34.94 | 26.07 | 22.26 | 17.77 | 17.73 | 16.18 | 17.02 | 14.63 | 15.08 | 15.85 | 15.99 | 19.03 | 15.74 | 16.93 | 17.69 | 12.89 | 12.84 |
| Tangible BV per Share | 43.85 | 46.39 | 43.64 | 41.32 | 39.07 | 34.78 | 31.90 | 22.99 | 19.13 | 14.33 | 13.42 | 11.44 | 10.14 | 9.02 | 8.19 | 8.40 | 7.79 | 15.34 | 12.82 | 11.93 | 8.09 | 12.89 | 12.84 |
| Common Stock | 897K | 876K | 848K | 821K | 797K | 748K | 722K | 687K | 659K | 621K | 582K | 552K | 464K | 408K | 350K | 310K | 215K | 172K | 126K | 113K | 64K | 51.3M | 51.12M |
| Additional Paid-in Capital | 4.14B | 4.02B | 3.51B | 3.16B | 2.86B | 2.46B | 2.27B | 2.02B | 1.82B | 1.6B | 1.37B | 1.21B | 950.15M | 799.23M | 654.27M | 575.12M | 400.72M | 339.5M | 275.23M | 208.85M | 108.56M | 0 | 0 |
| Retained Earnings | 2.85B | 2.58B | 2.13B | 1.89B | 1.77B | 1.42B | 798.57M | 558.27M | 364.88M | 79.46M | 20.34M | -27.79M | -17.81M | -59.9M | -77.08M | -76.7M | -61.5M | -56.76M | -46.56M | -35.61M | 3.79M | 0 | 0 |
| Accumulated OCI | -23.2M | -13.13M | -36.06M | -26.54M | -27.94M | -12.09M | -9.76M | -27.6M | -30.43M | -31.41M | -50.1M | -34.54M | -20.39M | -10.78M | -9.09M | -12.06M | -4.19M | -3.76M | -14.97M | 597K | 63K | 204K | 163K |
| Treasury Stock | -5.18B | -4.56B | -3.9B | -3.45B | -3.07B | -2.55B | -1.82B | -1.68B | -1.4B | -1.11B | -811.65M | -644.41M | -361.13M | -226.38M | -139.95M | -79.01M | -34.54M | -12.76M | -8.05M | -968K | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cyclical fee timing volatility
As reported in recent financial statements, Evercore's total assets grew from $3.7 billion in 2023Q4 to $4.3 billion in 2026Q1, a trend that suggests the firm is successfully scaling its balance sheet to support increased advisory activity and broader market participation across its core business segments.
The steady increase in total assets appears to be driven by higher cash balances and operational scaling rather than aggressive debt-fueled expansion. This trajectory indicates a strengthening competitive position, though investors should monitor whether this asset growth translates into sustained long-term returns on invested capital.
Based on the latest quarterly figures, Evercore maintains a disciplined debt-to-equity ratio of 0.53, which, according to historical data, reflects a conservative capital structure that provides the firm with significant financial flexibility to navigate cyclical downturns without compromising its core advisory operations or talent retention strategies.
The firm's reliance on minimal debt relative to its equity base suggests a strategic preference for maintaining a fortress-like balance sheet. This approach likely mitigates refinancing risks and allows management to prioritize opportunistic talent acquisition even during periods of market volatility.
According to recent SEC filings, Evercore's cash position reached $1.9 billion in 2026Q1, providing a substantial liquidity buffer that, as indicated by the current ratio of 7.85, appears more than sufficient to cover short-term obligations and manage the inherent lumpiness of success-based advisory fee recognition.
The high current ratio underscores the firm's ability to meet immediate liabilities, which is critical given the seasonal nature of compensation payouts. This liquidity profile suggests that the firm is well-positioned to absorb potential shocks in deal flow without needing to access external financing markets.
As reported in financial statements, Evercore's retained earnings have climbed to $2.8 billion in 2026Q1, a figure that highlights the firm's consistent profitability and its ability to internally fund growth while simultaneously managing the dilutive impact of its extensive stock-based compensation programs for senior bankers.
The growth in retained earnings serves as a primary indicator of the firm's underlying business quality and its capacity to generate value for shareholders. However, the ongoing reliance on equity-based incentives warrants careful monitoring to ensure that future dilution does not erode the per-share value of this accumulated capital.
Quick answers to the most common questions about buying EVR stock.
As of 2025, Evercore Inc. (EVR) had total assets of $5.36B including $2.02B in current assets.
Evercore Inc. (EVR) carries total debt of $1.16B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Evercore Inc. (EVR) has total shareholders' equity (book value) of $2.03B ($52.27 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Evercore Inc. (EVR) reported a current ratio of 5.80x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.