21 years of historical data (2004–2024) · Financial Services · Financial - Capital Markets
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Evercore Inc. trades at 34.0x earnings, 93% above its 5-year average of 17.6x, sitting at the 75th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.8x, the stock trades at a premium of 147%. On a free-cash-flow basis, the stock trades at 28.1x P/FCF, 206% above the 5-year average of 9.2x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $26.9B | $11.5B | $6.9B | $4.5B | $5.9B | $4.7B | $3.2B | $3.2B | $4.0B | $3.0B | $2.4B |
| Enterprise Value | $26.9B | $11.5B | $7.1B | $4.4B | $5.9B | $4.6B | $3.0B | $2.6B | $3.6B | $2.7B | $2.1B |
| P/E Ratio → | 34.01 | 30.53 | 26.85 | 9.40 | 7.95 | 13.34 | 10.85 | 8.59 | 32.14 | 28.27 | 55.17 |
| P/S Ratio | 8.98 | 3.85 | 2.81 | 1.61 | 1.78 | 2.04 | 1.59 | 1.56 | 2.34 | 2.08 | 1.91 |
| P/B Ratio | 6.62 | 5.94 | 3.85 | 2.59 | 3.60 | 3.14 | 2.87 | 3.21 | 5.07 | 3.88 | 3.34 |
| P/FCF | 28.09 | 12.05 | 15.66 | 8.81 | 4.34 | 5.05 | 7.44 | 3.97 | 8.31 | 7.63 | 6.94 |
| P/OCF | 27.23 | 11.68 | 14.98 | 8.42 | 4.25 | 4.78 | 6.40 | 3.81 | 7.81 | 7.30 | 6.62 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Evercore Inc.'s enterprise value stands at 50.5x EBITDA, 321% above its 5-year average of 12.0x. The Financial Services sector median is 11.1x, placing the stock at a 355% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.85 | 2.89 | 1.58 | 1.78 | 2.00 | 1.49 | 1.26 | 2.09 | 1.83 | 1.66 |
| EV / EBITDA | 50.47 | 21.64 | 19.15 | 5.98 | 5.14 | 7.99 | 6.26 | 4.51 | 7.76 | 9.08 | 12.51 |
| EV / EBIT | 50.44 | 21.62 | 19.28 | 6.22 | 5.27 | 8.44 | 6.76 | 4.75 | 8.23 | 9.94 | 15.26 |
| EV / FCF | — | 12.03 | 16.10 | 8.61 | 4.34 | 4.93 | 6.99 | 3.21 | 7.42 | 6.69 | 6.03 |
Margins and return-on-capital ratios measuring operating efficiency
Evercore Inc. earns an operating margin of 17.8%, below the Financial Services sector average of 21.9%. Operating margins have compressed from 25.3% to 17.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 20.3% indicates solid capital efficiency, compared to the sector median of 9.1%. ROIC of 14.6% represents solid returns on invested capital versus a sector median of 5.4%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 99.4% | 99.4% | 99.3% | 99.4% | 99.5% | 99.1% | 99.0% | 99.1% | 98.8% | 98.9% | 98.6% |
| Operating Margin | 17.8% | 17.8% | 15.0% | 25.3% | 33.8% | 23.7% | 22.1% | 26.5% | 25.4% | 18.4% | 10.9% |
| Net Profit Margin | 12.6% | 12.6% | 10.5% | 17.1% | 22.4% | 15.3% | 14.7% | 18.1% | 7.3% | 7.4% | 3.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.3% | 20.3% | 14.6% | 28.3% | 47.4% | 26.8% | 27.9% | 41.8% | 15.9% | 14.4% | 6.0% |
| ROA | 9.6% | 9.6% | 7.0% | 12.8% | 20.6% | 11.7% | 12.6% | 20.3% | 7.7% | 6.8% | 2.9% |
| ROIC | 14.6% | 14.6% | 10.9% | 22.1% | 36.7% | 20.3% | 22.8% | 38.5% | 33.8% | 22.1% | 12.0% |
| ROCE | 13.9% | 13.9% | 10.2% | 19.3% | 32.0% | 18.8% | 19.6% | 30.3% | 27.5% | 17.5% | 9.5% |
Solvency and debt-coverage ratios — lower is generally safer
Evercore Inc. carries a Debt/EBITDA ratio of 1.7x, which is manageable (58% below the sector average of 4.1x). The company holds a net cash position — cash of $940M exceeds total debt of $923M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 31.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.48 | 0.48 | 0.47 | 0.40 | 0.44 | 0.48 | 0.58 | 0.17 | 0.22 | 0.24 | 0.20 |
| Debt / EBITDA | 1.73 | 1.73 | 2.29 | 0.94 | 0.63 | 1.26 | 1.35 | 0.29 | 0.38 | 0.63 | 0.86 |
| Net Debt / Equity | — | -0.01 | 0.11 | -0.06 | 0.00 | -0.07 | -0.17 | -0.62 | -0.55 | -0.48 | -0.43 |
| Net Debt / EBITDA | -0.03 | -0.03 | 0.52 | -0.13 | 0.00 | -0.19 | -0.41 | -1.07 | -0.94 | -1.28 | -1.87 |
| Debt / FCF | — | -0.02 | 0.44 | -0.19 | 0.00 | -0.12 | -0.45 | -0.76 | -0.90 | -0.94 | -0.90 |
| Interest Coverage | 31.80 | 31.80 | 21.88 | 41.78 | 63.49 | 25.26 | 22.28 | 31.03 | 21.89 | 16.00 | 7.94 |
Net cash position: cash ($940M) exceeds total debt ($923M)
Short-term solvency ratios and asset-utilisation metrics
Evercore Inc.'s current ratio of 11.41x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 17.87x to 11.41x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 11.41 | 11.41 | 16.85 | 17.87 | 13.89 | 10.28 | 11.79 | 37.63 | 27.56 | 26.17 | 14.71 |
| Quick Ratio | 11.41 | 11.41 | 16.85 | 17.87 | 13.89 | 10.28 | 11.79 | 37.63 | 27.56 | 26.17 | 14.71 |
| Cash Ratio | 7.69 | 7.69 | 10.47 | 11.78 | 9.11 | 6.98 | 8.57 | 20.83 | 17.87 | 18.18 | 10.23 |
| Asset Turnover | — | 0.72 | 0.66 | 0.77 | 0.87 | 0.68 | 0.78 | 0.98 | 1.09 | 0.88 | 0.84 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Evercore Inc. returns 2.7% to shareholders annually — split between a 1.1% dividend yield and 1.7% buyback yield. The payout ratio of 35.9% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 2.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.1% | 1.2% | 1.9% | 2.8% | 2.0% | 2.3% | 3.0% | 2.4% | 1.4% | 1.7% | 2.0% |
| Payout Ratio | 35.9% | 35.9% | 50.0% | 26.7% | 16.0% | 30.4% | 32.5% | 20.5% | 45.1% | 47.9% | 107.6% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.9% | 3.3% | 3.7% | 10.6% | 12.6% | 7.5% | 9.2% | 11.6% | 3.1% | 3.5% | 1.8% |
| FCF Yield | 3.6% | 8.3% | 6.4% | 11.4% | 23.1% | 19.8% | 13.4% | 25.2% | 12.0% | 13.1% | 14.4% |
| Buyback Yield | 1.7% | 3.9% | 5.7% | 12.3% | 12.4% | 3.2% | 10.3% | 9.7% | 7.5% | 5.7% | 6.8% |
| Total Shareholder Yield | 2.7% | 5.1% | 7.6% | 15.1% | 14.4% | 5.4% | 13.3% | 12.1% | 8.9% | 7.4% | 8.8% |
| Shares Outstanding | — | $42M | $40M | $41M | $43M | $43M | $43M | $45M | $45M | $44M | $44M |
Compare EVR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| EVRYou | $27B | 34.0 | 50.5 | 28.1 | 99.4% | 17.8% | 20.3% | 14.6% | 1.7 |
| GS | $267B | 21.2 | 33.8 | — | 41.1% | 14.5% | 12.0% | 1.9% | 29.7 |
| MS | $265B | 20.9 | 24.2 | — | 55.6% | 17.1% | 13.0% | 2.9% | 15.8 |
| NMR | $27B | 12.7 | 56.2 | — | 36.9% | 10.5% | 9.7% | 1.0% | 58.7 |
| JEF | $9B | 15.7 | -3.5 | 27.5 | 59.7% | 6.3% | 6.8% | 2.4% | 2.0 |
| PIPR | $5B | 28.9 | 18.6 | 16.6 | 99.6% | 14.7% | 13.3% | 11.0% | 0.4 |
| LAZ | $5B | 18.9 | 13.3 | 6.8 | 35.1% | 12.5% | 41.9% | 10.2% | 5.2 |
| MC | $4B | 33.3 | 22.9 | 10.6 | 100.0% | 14.5% | 32.3% | 20.3% | 1.2 |
| HLI | $3B | 28.1 | 3.7 | 3.1 | 38.5% | 21.0% | 19.9% | 15.5% | 0.8 |
| PWP | $434M | -15.2 | — | 2.1 | 40.1% | -8.9% | -26.0% | -13.7% | — |
| MDBH | $16M | 1.2 | — | — | -803.2% | -1289.4% | 21.8% | -38.9% | — |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 21 years · Updated daily
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Start ComparisonEvercore Inc.'s current P/E ratio is 34.0x. The historical average is 33.2x. This places it at the 75th percentile of its historical range.
Evercore Inc.'s current EV/EBITDA is 50.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.4x.
Evercore Inc.'s return on equity (ROE) is 20.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 26.4%.
Based on historical data, Evercore Inc. is trading at a P/E of 34.0x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Evercore Inc.'s current dividend yield is 1.06% with a payout ratio of 35.9%.
Evercore Inc. has 99.4% gross margin and 17.8% operating margin. Operating margin between 10-20% is typical for established companies.
Evercore Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.