Moelis & Company (MC) Financial Ratios
14 years of historical data (2012–2025) · Financial Services · Financial - Capital Markets
EV/EBITDA
↑
16.42
-3% vs avg
5yr avg: 16.97
30Y Low2.7·High29.8
P/FCF
↑
9.14
↓-71% vs avg
5yr avg: 31.06
30Y Low2.7·High99.8
P/B Ratio
↓
7.82
↓-14% vs avg
5yr avg: 9.05
30Y Low2.4·High11.8
ROE
↓
40.2%
↓+13% vs avg
5yr avg: 35.5%
30Y Low-6%·High79%
Debt/EBITDA
↑
0.93
+10% vs avg
5yr avg: 0.85
30Y Low0.1·High1.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Moelis & Company trades at 22.9x earnings, roughly in line with its 5-year average of 23.6x, sitting at the 70th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 68%. On a free-cash-flow basis, the stock trades at 9.1x P/FCF, 71% below the 5-year average of 31.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.9B | $5.4B | $5.7B | $3.8B | $2.7B | $4.3B | $2.8B | $1.8B | $1.7B | $1.8B | $822M |
| Enterprise Value | $4.7B | $5.2B | $5.5B | $3.9B | $2.7B | $3.9B | $2.8B | $1.8B | $1.5B | $1.6B | $521M |
| P/E Ratio → | 22.85 | 23.38 | 41.51 | — | 17.93 | 11.71 | 15.85 | 16.89 | 12.37 | 62.18 | 21.46 |
| P/S Ratio | 3.25 | 3.59 | 4.74 | 4.50 | 2.74 | 2.78 | 3.01 | 2.37 | 1.97 | 2.67 | 1.34 |
| P/B Ratio | 7.82 | 8.01 | 11.81 | 10.61 | 5.88 | 8.94 | 6.39 | 4.50 | 4.69 | 5.31 | 3.27 |
| P/FCF | 9.14 | 10.09 | 13.63 | 27.12 | 99.80 | 4.65 | 7.31 | 8.74 | 4.54 | 8.03 | 3.60 |
| P/OCF | 8.56 | 9.45 | 13.24 | 24.26 | 81.78 | 4.57 | 6.62 | 8.47 | 4.46 | 7.84 | 3.55 |
P/E links to full P/E history page with 30-year chart
MC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Moelis & Company's enterprise value stands at 16.4x EBITDA, roughly in line with its 5-year average of 17.0x. The Financial Services sector median is 11.4x, placing the stock at a 44% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.43 | 4.58 | 4.53 | 2.72 | 2.56 | 3.00 | 2.41 | 1.70 | 2.39 | 0.85 |
| EV / EBITDA | 16.42 | 18.22 | 29.83 | — | 11.98 | 7.85 | 10.48 | 15.08 | 6.51 | 9.76 | 3.17 |
| EV / EBIT | 17.13 | 15.89 | 31.63 | — | 12.42 | 7.96 | 10.66 | 15.73 | 6.64 | 9.97 | 3.24 |
| EV / FCF | — | 9.64 | 13.17 | 27.33 | 99.28 | 4.29 | 7.29 | 8.88 | 3.92 | 7.20 | 2.28 |
MC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Moelis & Company earns an operating margin of 18.1%, below the Financial Services sector average of 20.3%. Operating margins have expanded from -4.7% to 18.1% over the past 3 years, signaling improving operational efficiency. Return on equity of 40.2% is exceptionally high — well above the sector median of 9.0%. ROIC of 24.9% represents excellent returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 99.2% | 99.2% | 100.0% | 16.4% | 37.3% | 40.7% | 40.5% | 34.6% | 42.0% | 41.4% | 41.2% |
| Operating Margin | 18.1% | 18.1% | 14.5% | -4.7% | 21.9% | 32.2% | 28.2% | 15.3% | 25.6% | 24.0% | 26.3% |
| Net Profit Margin | 15.4% | 15.4% | 11.4% | -2.9% | 15.3% | 23.7% | 19.0% | 14.1% | 15.9% | 4.3% | 6.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 40.2% | 40.2% | 32.3% | -6.0% | 32.1% | 79.2% | 42.7% | 27.5% | 39.3% | 9.9% | 15.1% |
| ROA | 14.6% | 14.6% | 10.6% | -2.1% | 10.8% | 26.5% | 15.8% | 10.6% | 17.4% | 4.5% | 6.7% |
| ROIC | 24.9% | 24.9% | 20.3% | -4.9% | 24.5% | 56.7% | 32.3% | 17.4% | 44.5% | 38.6% | 45.8% |
| ROCE | 22.0% | 22.0% | 27.0% | -6.6% | 32.7% | 75.6% | 43.1% | 23.6% | 62.0% | 53.5% | 61.1% |
MC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Moelis & Company carries a Debt/EBITDA ratio of 0.9x, which is very conservative (78% below the sector average of 4.3x). The company holds a net cash position — cash of $509M exceeds total debt of $267M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.39 | 0.39 | 0.47 | 0.60 | 0.42 | 0.40 | 0.44 | 0.50 | 0.07 | 0.07 | 0.07 |
| Debt / EBITDA | 0.93 | 0.93 | 1.22 | — | 0.86 | 0.38 | 0.73 | 1.65 | 0.11 | 0.14 | 0.11 |
| Net Debt / Equity | — | -0.35 | -0.39 | 0.08 | -0.03 | -0.69 | -0.01 | 0.08 | -0.64 | -0.55 | -1.20 |
| Net Debt / EBITDA | -0.84 | -0.84 | -1.03 | — | -0.06 | -0.65 | -0.02 | 0.25 | -1.02 | -1.13 | -1.83 |
| Debt / FCF | — | -0.45 | -0.46 | 0.21 | -0.52 | -0.36 | -0.02 | 0.15 | -0.62 | -0.83 | -1.32 |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($509M) exceeds total debt ($267M)
MC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Moelis & Company's current ratio of 21.47x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 0.42x to 21.47x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 21.47 | 21.47 | 0.72 | 0.42 | 0.47 | 0.67 | 0.55 | 0.47 | 0.62 | 0.80 | 1.04 |
| Quick Ratio | 21.47 | 21.47 | 0.72 | 0.42 | 0.47 | 0.67 | 0.55 | 0.47 | 0.62 | 0.80 | 1.04 |
| Cash Ratio | 17.61 | 17.61 | 0.61 | 0.31 | 0.37 | 0.59 | 0.36 | 0.35 | 0.49 | 0.62 | 0.94 |
| Asset Turnover | — | 0.84 | 0.87 | 0.72 | 0.81 | 0.99 | 0.79 | 0.70 | 0.97 | 0.98 | 1.02 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
MC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Moelis & Company returns 5.4% to shareholders annually — split between a 3.9% dividend yield and 1.5% buyback yield. The payout ratio of 89.6% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 4.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.9% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 89.6% | 89.6% | 2.3% | — | 116.2% | 131.4% | 158.2% | 199.0% | 223.1% | 869.7% | 403.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.4% | 4.3% | 2.4% | — | 5.6% | 8.5% | 6.3% | 5.9% | 8.1% | 1.6% | 4.7% |
| FCF Yield | 10.9% | 9.9% | 7.3% | 3.7% | 1.0% | 21.5% | 13.7% | 11.4% | 22.0% | 12.5% | 27.8% |
| Buyback Yield | 1.5% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 5.4% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $79M | $77M | $69M | $70M | $68M | $61M | $56M | $51M | $38M | $24M |
Peer Comparison
Compare MC 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 |
|---|---|---|---|---|---|---|---|---|---|
 MCYou | $5B | 22.9 | 16.4 | 9.1 | 99.2% | 18.1% | 40.2% | 24.9% | 0.9 |
 PJT | $4B | 23.3 | 9.2 | 7.8 | 32.4% | 21.2% | 18.9% | 20.3% | 1.1 |
 LAZ | $4B | 20.4 | 11.6 | 8.2 | 31.8% | 13.0% | 27.0% | 9.5% | 5.7 |
 EVR | $15B | 26.5 | 17.9 | 12.5 | 99.4% | 20.5% | 27.8% | 18.8% | 1.4 |
 HLI | $10B | 24.2 | 17.1 | 12.1 | 38.5% | 21.0% | 19.9% | 15.5% | 0.8 |
 PWP | $2B | 28.8 | 24.8 | 52.7 | 97.2% | 6.4% | 14.5% | 7.0% | 5.1 |
 GS | $348B | 21.4 | 33.0 | — | 47.5% | 17.5% | 13.9% | 2.2% | 25.4 |
 MS | $356B | 21.9 | 27.0 | 7.7 | 57.1% | 19.1% | 15.5% | 3.1% | 17.9 |
 JPM | $909B | 16.2 | 18.5 | 9.0 | 59.9% | 26.0% | 16.1% | 4.5% | 11.6 |
 BAC | $424B | 14.7 | 14.0 | 33.6 | 56.1% | 19.7% | 10.2% | 3.5% | 9.1 |
 C | $267B | 20.5 | 27.4 | 12.0 | 44.6% | 11.8% | 6.7% | 1.7% | 31.0 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 14 years · Updated daily
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MC — Frequently Asked Questions
Quick answers to the most common questions about buying MC stock.
What is Moelis & Company's P/E ratio?
Moelis & Company's current P/E ratio is 22.9x. The historical average is 24.2x. This places it at the 70th percentile of its historical range.
What is Moelis & Company's EV/EBITDA?
Moelis & Company's current EV/EBITDA is 16.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.2x.
What is Moelis & Company's ROE?
Moelis & Company's return on equity (ROE) is 40.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 27.0%.
Is MC stock overvalued?
Based on historical data, Moelis & Company is trading at a P/E of 22.9x. This is at the 70th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Moelis & Company's dividend yield?
Moelis & Company's current dividend yield is 3.92% with a payout ratio of 89.6%.
What are Moelis & Company's profit margins?
Moelis & Company has 99.2% gross margin and 18.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Moelis & Company have?
Moelis & Company's Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.