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Moelis & Company (MC) 10-Year Financial Performance & Capital Metrics

MC • • Banking & Credit
Financial ServicesCapital MarketsInvestment Banking & AdvisoryBoutique Advisory Firms
AboutMoelis & Company operates as an investment banking advisory firm. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The company offers its services to public multinational corporations, middle market private companies, financial sponsors, entrepreneurs, governments, and sovereign wealth funds. The company serves its clients in North and South America, Europe, the Middle East, Asia, and Australia. It has strategic alliances in Mexico with Alfaro, Dávila y Scherer, S.C.; and in Australia with MA Moelis Australia. The company was founded in 2007 and is headquartered in New York, New York.Show more
  • Net Interest Income $410K +228.0%
  • Total Revenue $1.19B +39.8%
  • Net Income $136M +650.7%
  • Return on Equity 32.31% +637.3%
  • Net Interest Margin 0.03% +180.6%
  • Efficiency Ratio 85.52% +305.3%
  • ROA 10.63% +615.8%
  • Equity / Assets 34.76% +13.2%
  • Book Value per Share 6.26 +18.3%
  • Tangible BV/Share 6.26 +18.6%
  • Debt/Equity 0.47 -21.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 8/9
  • ✓Well capitalized: 34.8% equity/assets
  • ✓Good 3Y average ROE of 19.5%
  • ✓Diversified revenue: 100.0% from non-interest income

✗Weaknesses

  • ✗Weak NIM of 0.0%
  • ✗High cost structure: 85.5% efficiency ratio
  • ✗Shares diluted 11.8% in last year
  • ✗Expensive at 11.8x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y8.7%
5Y9.86%
3Y-8.13%
TTM-

Profit (Net Income) CAGR

10Y-
5Y5.29%
3Y-28.05%
TTM472.67%

EPS CAGR

10Y-
5Y-1.19%
3Y-30.66%
TTM466.5%

ROCE

10Y Avg43.31%
5Y Avg34.38%
3Y Avg17.71%
Latest27.01%

Peer Comparison

Boutique Advisory Firms
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Size & Scale
Valuation
Per Share
Growth
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
MCMoelis & Company5.45B73.6841.3939.75%11.39%37.92%7.62%0.47
EVREvercore Inc.14.18B366.5440.3722.67%12.62%25.34%6.76%0.48
PJTPJT Partners Inc.4.35B179.1336.4129.48%9%19.14%12.12%0.39
PIPRPiper Sandler Companies6.01B360.9635.2513.08%12.23%16.16%4.96%0.07
HLIHoulihan Lokey, Inc.9.95B182.6031.3724.81%16.73%18.98%8.13%0.20
LAZLazard Ltd4.92B51.8819.3620.98%9.07%28.55%14.17%2.87
MDBHMDB Capital Holdings, LLC Class A common18.81M3.661.39-47.54%5.27%19.16%0.01
WAITop KingWin Ltd3.73M2.24-0.22-31.16%-231.43%-40.27%0.07

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+00000000125K410K
NII Growth %---------2.28%
Net Interest Margin %----------
Interest Income00000000125K410K
Interest Expense0000000000
Loan Loss Provision311.22M360.89M401.38M513.86M488.44M560.8M913.91M618.2M714.75M0
Non-Interest Income+551.86M613.37M684.62M885.84M746.53M943.28M1.54B985.3M854.62M1.19B
Non-Interest Income %----------
Total Revenue+551.86M613.37M684.62M885.84M746.53M943.28M1.54B985.3M854.75M1.19B
Revenue Growth %0.06%0.11%0.12%0.29%-0.16%0.26%0.63%-0.36%-0.13%0.4%
Non-Interest Expense103.14M91.39M118.95M145.2M143.55M116.76M130.78M151M180.35M1.02B
Efficiency Ratio----------
Operating Income+137.5M161.09M164.28M226.78M114.54M265.71M495.92M216.1M-40.35M172.94M
Operating Margin %----------
Operating Income Growth %1.88%0.17%0.02%0.38%-0.49%1.32%0.87%-0.56%-1.19%5.29%
Pretax Income+144.06M166.67M350.35M238.45M147.5M270.11M536.31M216.32M-29.15M196.01M
Pretax Margin %----------
Income Tax+23.85M24.81M223.83M30.45M11.81M51.67M113.33M47.64M-1.63M44.52M
Effective Tax Rate %----------
Net Income+33.1M38.39M29.4M140.68M105.09M178.83M365.21M150.34M-24.7M136.02M
Net Margin %----------
Net Income Growth %11.99%0.16%-0.23%3.79%-0.25%0.7%1.04%-0.59%-1.16%6.51%
Net Income (Continuing)120.22M141.87M126.52M208M135.69M218.44M422.98M168.68M-27.52M151.49M
EPS (Diluted)+1.551.580.782.781.892.955.342.14-0.361.78
EPS Growth %9.16%0.02%-0.51%2.56%-0.32%0.56%0.81%-0.6%-1.17%5.94%
EPS (Basic)1.651.830.962.782.093.165.792.29-0.361.89
Diluted Shares Outstanding21.36M24.24M37.68M50.69M55.51M60.72M68.44M70.32M68.5M76.61M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks248.02M318.93M213.19M261.1M167.81M202.48M520.21M206.79M186.42M412.47M
Short Term Investments0000000000
Total Investments+56.08M54.26M154.96M143.92M213.23M211.83M263.34M265.25M210.36M184.6M
Investments Growth %-0.02%-0.03%1.86%-0.07%0.48%-0.01%0.24%0.01%-0.21%-0.12%
Long-Term Investments56.08M54.26M154.96M143.92M213.23M211.83M263.34M265.25M210.36M184.6M
Accounts Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+----------
Goodwill0167.79M234M402.86M000000
Intangible Assets000000001.15M0
PP&E (Net)8.7M8.4M10.46M12.73M204.75M227.05M223.25M209.49M235.8M245.82M
Other Assets21.06M-149.47M-209.83M-378.38M28.85M28.73M30.39M48.6M44.36M51.11M
Total Current Assets288.11M350.04M275.49M330.38M224.37M304.5M590.58M263.88M250.85M486.89M
Total Non-Current Assets251.35M248.76M423.58M583.99M847.33M891.95M965.1M952.99M928.91M892.05M
Total Assets+539.46M598.8M699.07M914.38M1.07B1.2B1.56B1.22B1.18B1.38B
Asset Growth %0.16%0.11%0.17%0.31%0.17%0.12%0.3%-0.22%-0.03%0.17%
Return on Assets (ROA)0.07%0.07%0.05%0.17%0.11%0.16%0.27%0.11%-0.02%0.11%
Accounts Payable21.2M14.33M18.32M26.56M16.11M25.03M69.88M11.93M32.63M33.6M
Total Debt+018.32M24.17M24.48M197.63M196.61M191.89M192.76M215.68M223.24M
Net Debt-248.02M-300.61M-189.02M-236.62M29.81M-5.86M-328.32M-14.03M29.27M-189.23M
Long-Term Debt0000000000
Short-Term Debt0000000000
Other Liabilities275.04M344.39M349.86M-7.07M-3.02M-2.69M0000
Total Current Liabilities272.77M337.89M345.57M535.85M480.25M555.36M885.49M565.17M601.61M676.32M
Total Non-Current Liabilities9.27M9.47M9.24M6.78M197.63M196.61M191.89M192.76M215.68M223.24M
Total Liabilities282.04M347.36M354.81M542.62M677.87M751.97M1.08B757.93M817.3M899.55M
Total Equity+257.42M251.44M344.26M371.75M393.83M444.47M478.3M458.94M362.46M479.38M
Equity Growth %0.48%-0.02%0.37%0.08%0.06%0.13%0.08%-0.04%-0.21%0.32%
Equity / Assets (Capital Ratio)----------
Return on Equity (ROE)0.15%0.15%0.1%0.39%0.27%0.43%0.79%0.32%-0.06%0.32%
Book Value per Share12.0510.379.147.337.097.326.996.535.296.26
Tangible BV per Share----------
Common Stock517K521K541K575K632K679K732K776K813K853K
Additional Paid-in Capital190.7M291.03M487.16M697.94M872.79M1.05B1.28B1.41B1.57B1.73B
Retained Earnings-15.34M-68.23M-139.92M-237.78M-324.19M-420.68M-535.28M-560.69M-767.59M-821.65M
Accumulated OCI108K-543K352K291K1.43M-201K-560K-4.53M-3.93M-6.73M
Treasury Stock-7.62M-10.93M-23.19M-56.66M-107.84M-152.17M-256.32M-403.86M-450.86M-461.7M
Preferred Stock0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+142.3M231.46M233.18M390.89M209.31M429.21M936.98M32.99M158.47M427.49M
Operating CF Growth %-0.32%0.63%0.01%0.68%-0.46%1.05%1.18%-0.96%3.8%1.7%
Net Income120.22M141.87M126.52M208M135.69M218.44M422.98M168.68M-24.7M151.49M
Depreciation & Amortization2.63M3.18M3.54M4.63M4.96M4.71M7.24M7.97M8.32M10.44M
Deferred Taxes796K-1.01M191.7M6.54M3.67M39M22.86M26.79M035.07M
Other Non-Cash Items1.69M-1.73M-163.18M-97K-22.8M2M-30.96M14.76M-17.38M-8.69M
Working Capital Changes-29.17M12.11M-21.7M48.78M-36.43M31.45M346.92M-314.15M34.05M77.73M
Cash from Investing+-1.74M1.44M-69.43M9.28M-51.87M-39.95M-17.01M-11.18M48.57M17.11M
Purchase of Investments-157.98M-120.91M-179.81M-183.97M-212.41M-390.59M-486.12M-334.74M-210.58M-169.46M
Sale/Maturity of Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Net Investment Activity----------
Acquisitions000046.91M029.16M000
Other Investing-18K-799K387K366K0-200K70K-3M0-6.58M
Cash from Financing+-89.74M-157.9M-272.51M-351.74M-252.69M-351.79M-602.54M-326.9M-229.17M-215.1M
Dividends Paid-80.91M-154.7M-255.69M-313.83M-209.18M-282.92M-479.96M-174.65M-182.16M-184.16M
Share Repurchases-7.71M-3.31M-12.49M-33.77M-51.17M-44.33M-104.15M-147.54M-47M-10.84M
Stock Issued0000000000
Net Stock Activity----------
Debt Issuance (Net)0000000000
Other Financing-8.74M118K-4.33M-4.15M7.66M-24.54M-18.43M-4.71M-15K-20.1M
Net Change in Cash+50.08M70.9M-105.73M47.88M-93.2M34.71M317.73M-313.48M-20.32M225.96M
Exchange Rate Effect-744K-1000K1000K-555K1000K-1000K305K-1000K1000K-1000K
Cash at Beginning197.94M248.02M318.93M213.89M261.77M168.57M203.28M521.01M207.54M187.22M
Cash at End248.02M318.93M213.19M261.77M168.57M203.28M521.01M207.54M187.22M413.18M
Interest Paid0000000000
Income Taxes Paid26M28.61M31.84M23.49M13.4M305K55.19M76.42M02.62M
Free Cash Flow+138.31M228.59M227.54M383.97M202.84M388.56M920.55M27.04M141.78M415.39M
FCF Growth %-0.33%0.65%-0%0.69%-0.47%0.92%1.37%-0.97%4.24%1.93%

Banking Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)15.33%15.09%9.87%39.3%27.46%42.67%79.16%32.08%-6.01%32.31%
Return on Assets (ROA)6.6%6.74%4.53%17.44%10.58%15.77%26.54%10.85%-2.06%10.63%
Net Interest Margin0%0%0%0%0%0%0%0%0.01%0.03%
Efficiency Ratio18.69%14.9%17.37%16.39%19.23%12.38%8.49%15.33%21.1%85.52%
Equity / Assets47.72%41.99%49.24%40.66%36.75%37.15%30.75%37.71%30.72%34.76%
Book Value / Share12.0510.379.147.337.097.326.996.535.296.26
NII Growth---------228%
Dividend Payout244.41%403.01%869.71%223.08%199.04%158.21%131.42%116.17%-2.28%

Revenue by Geography

2015201620172018201920202021202220232024
UNITED STATES---731.26M635.79M794.34M1.31B773.87M675.74M979.9M
UNITED STATES Growth-----13.06%24.94%65.27%-41.05%-12.68%45.01%
Rest Of World19.8M42.35M37.54M58.73M31.91M56.28M70.66M80.41M67.23M107.37M
Rest Of World Growth-113.88%-11.36%56.44%-45.68%76.40%25.55%13.80%-16.40%59.72%
Europe88.06M54.33M111.09M95.84M78.84M92.66M157.16M131.02M111.79M107.27M
Europe Growth--38.30%104.46%-13.72%-17.74%17.53%69.61%-16.63%-14.68%-4.04%
U444M516.69M535.99M-------
U Growth-16.37%3.73%-------

Frequently Asked Questions

Valuation & Price

Moelis & Company (MC) has a price-to-earnings (P/E) ratio of 41.4x. This suggests investors expect higher future growth.

Growth & Financials

Moelis & Company (MC) grew revenue by 39.8% over the past year. This is strong growth.

Yes, Moelis & Company (MC) is profitable, generating $234.6M in net income for fiscal year 2024 (11.4% net margin).

Dividend & Returns

Moelis & Company (MC) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

Moelis & Company (MC) has a return on equity (ROE) of 32.3%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Moelis & Company (MC) has a net interest margin (NIM) of 0.0%. NIM has been under pressure due to interest rate environment.

Moelis & Company (MC) has an efficiency ratio of 85.5%. This is higher than peers, suggesting room for cost optimization.

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