Tearsheet

Evercore (EVR)


Market Price (5/20/2026): $323.0 | Market Cap: $12.6 Bil
Sector: Financials | Industry: Investment Banking & Brokerage

Evercore (EVR)


Market Price (5/20/2026): $323.0
Market Cap: $12.6 Bil
Sector: Financials
Industry: Investment Banking & Brokerage

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%, FCF Yield is 12%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 47%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 33%

Stock buyback support
Stock Buyback 3Y Total is 1.8 Bil

Low stock price volatility
Vol 12M is 35%

Megatrend and thematic drivers
Megatrends include Digital & Alternative Assets. Themes include Private Equity, Private Credit, and Venture Capital.

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 16%

Key risks
EVR key risks include [1] its heavy revenue concentration in financial advisory services.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%, FCF Yield is 12%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 47%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 33%
3 Stock buyback support
Stock Buyback 3Y Total is 1.8 Bil
4 Low stock price volatility
Vol 12M is 35%
5 Megatrend and thematic drivers
Megatrends include Digital & Alternative Assets. Themes include Private Equity, Private Credit, and Venture Capital.
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 16%
7 Key risks
EVR key risks include [1] its heavy revenue concentration in financial advisory services.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Evercore (EVR) stock has lost about 10% since 1/31/2026 because of the following key factors:

1. "Sell the News" Reaction to Record Q1 2026 Earnings.

Despite Evercore reporting record first-quarter 2026 financial results on April 29, 2026, with adjusted earnings per share of $7.53 significantly beating analyst expectations of $5.43-$5.45 and revenue of $1.40 billion surpassing estimates of $1.13-$1.20 billion (a 100% year-over-year increase), the stock experienced a "classic 'sell the news' reaction". On the day of the earnings release, Evercore's stock traded down 3.24%.

2. Cautious Management Guidance for Q2 2026.

Management indicated that the strong first-quarter performance benefited from "exceptional deal timing," with certain transactions originally expected in Q4 2025 shifting into Q1 2026. Following this, guidance for Q2 2026 suggested revenues would be closer to Q2 2025 levels, dampening investor enthusiasm for sustained record growth immediately following the blowout quarter.

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Stock Movement Drivers

Fundamental Drivers

The -8.3% change in EVR stock from 1/31/2026 to 5/19/2026 was primarily driven by a -34.7% change in the company's P/E Multiple.
(LTM values as of)13120265192026Change
Stock Price ($)352.36323.26-8.3%
Change Contribution By: 
Total Revenues ($ Mil)3,5434,55328.5%
Net Income Margin (%)14.9%16.4%10.0%
P/E Multiple25.816.9-34.7%
Shares Outstanding (Mil)3939-0.6%
Cumulative Contribution-8.3%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/19/2026
ReturnCorrelation
EVR-8.3% 
Market (SPY)6.3%63.6%
Sector (XLF)-3.9%75.0%

Fundamental Drivers

The 10.3% change in EVR stock from 10/31/2025 to 5/19/2026 was primarily driven by a 40.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)103120255192026Change
Stock Price ($)293.03323.2610.3%
Change Contribution By: 
Total Revenues ($ Mil)3,2384,55340.6%
Net Income Margin (%)14.3%16.4%15.0%
P/E Multiple24.516.9-31.3%
Shares Outstanding (Mil)3939-0.7%
Cumulative Contribution10.3%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/19/2026
ReturnCorrelation
EVR10.3% 
Market (SPY)8.2%63.8%
Sector (XLF)-1.6%70.2%

Fundamental Drivers

The 59.3% change in EVR stock from 4/30/2025 to 5/19/2026 was primarily driven by a 52.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020255192026Change
Stock Price ($)202.97323.2659.3%
Change Contribution By: 
Total Revenues ($ Mil)2,9804,55352.8%
Net Income Margin (%)12.7%16.4%29.2%
P/E Multiple20.516.9-17.8%
Shares Outstanding (Mil)3839-1.9%
Cumulative Contribution59.3%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/19/2026
ReturnCorrelation
EVR59.3% 
Market (SPY)33.8%65.7%
Sector (XLF)6.4%71.4%

Fundamental Drivers

The 197.0% change in EVR stock from 4/30/2023 to 5/19/2026 was primarily driven by a 90.4% change in the company's P/E Multiple.
(LTM values as of)43020235192026Change
Stock Price ($)108.85323.26197.0%
Change Contribution By: 
Total Revenues ($ Mil)2,7624,55364.8%
Net Income Margin (%)17.3%16.4%-4.9%
P/E Multiple8.916.990.4%
Shares Outstanding (Mil)3939-0.5%
Cumulative Contribution197.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/19/2026
ReturnCorrelation
EVR197.0% 
Market (SPY)83.3%69.7%
Sector (XLF)61.7%74.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
EVR Return26%-18%61%64%24%-2%234%
Peers Return53%-10%25%57%17%-3%207%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
EVR Win Rate50%42%58%75%75%60% 
Peers Win Rate69%42%54%70%63%44% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
EVR Max Drawdown-21%-41%-22%-14%-44%-30% 
Peers Max Drawdown-14%-34%-23%-11%-35%-28% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: GS, MS, LAZ, HLI, JEF. See EVR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/19/2026 (YTD)

How Low Can It Go

EventEVRS&P 500
2025 US Tariff Shock
  % Loss-38.9%-18.8%
  % Gain to Breakeven63.7%23.1%
  Time to Breakeven79 days79 days
2023 SVB Regional Banking Crisis
  % Loss-21.5%-6.7%
  % Gain to Breakeven27.3%7.1%
  Time to Breakeven62 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-40.3%-24.5%
  % Gain to Breakeven67.4%32.4%
  Time to Breakeven129 days427 days
2020 COVID-19 Crash
  % Loss-55.8%-33.7%
  % Gain to Breakeven126.4%50.9%
  Time to Breakeven215 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-33.6%-19.2%
  % Gain to Breakeven50.7%23.8%
  Time to Breakeven126 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-25.4%-12.2%
  % Gain to Breakeven34.1%13.9%
  Time to Breakeven292 days62 days

Compare to GS, MS, LAZ, HLI, JEF

In The Past

Evercore's stock fell -38.9% during the 2025 US Tariff Shock. Such a loss loss requires a 63.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventEVRS&P 500
2025 US Tariff Shock
  % Loss-38.9%-18.8%
  % Gain to Breakeven63.7%23.1%
  Time to Breakeven79 days79 days
2023 SVB Regional Banking Crisis
  % Loss-21.5%-6.7%
  % Gain to Breakeven27.3%7.1%
  Time to Breakeven62 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-40.3%-24.5%
  % Gain to Breakeven67.4%32.4%
  Time to Breakeven129 days427 days
2020 COVID-19 Crash
  % Loss-55.8%-33.7%
  % Gain to Breakeven126.4%50.9%
  Time to Breakeven215 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-33.6%-19.2%
  % Gain to Breakeven50.7%23.8%
  Time to Breakeven126 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-25.4%-12.2%
  % Gain to Breakeven34.1%13.9%
  Time to Breakeven292 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-33.8%-17.9%
  % Gain to Breakeven51.1%21.8%
  Time to Breakeven457 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-39.8%-15.4%
  % Gain to Breakeven66.2%18.2%
  Time to Breakeven305 days125 days
2008-2009 Global Financial Crisis
  % Loss-66.9%-53.4%
  % Gain to Breakeven202.2%114.4%
  Time to Breakeven197 days1085 days
Summer 2007 Credit Crunch
  % Loss-33.3%-8.6%
  % Gain to Breakeven50.0%9.5%
  Time to Breakeven772 days47 days

Compare to GS, MS, LAZ, HLI, JEF

In The Past

Evercore's stock fell -38.9% during the 2025 US Tariff Shock. Such a loss loss requires a 63.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Evercore (EVR)

Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Evercore:

  • Goldman Sachs or Morgan Stanley for high-end corporate financial advisory.

  • McKinsey or Bain for financial deals and wealth management.

AI Analysis | Feedback

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  • Strategic Advisory: Providing advice on mergers and acquisitions, defense strategies, shareholder matters, and transaction structuring.
  • Capital Markets Advisory: Offering guidance on equity capital markets, debt financing, restructuring, private placements, and market risk management.
  • Research, Sales, and Trading: Delivering content-led insights and execution services to institutional investors.
  • Wealth Management: Providing tailored financial services to high-net-worth individuals, foundations, and endowments.
  • Asset Management: Managing investment portfolios and financial assets for institutional investors.
```

AI Analysis | Feedback

Evercore (EVR) serves a diverse client base across its Investment Banking and Investment Management segments. Given the nature of its advisory and asset management services, it primarily serves other businesses, institutions, and high-net-worth individuals rather than having a few publicly listed "major customer companies" in the traditional sense. Its client relationships for investment banking are typically transactional and its investment management client lists are private.

Its major customer categories include:

  • Corporate and Institutional Clients: This broad category encompasses companies seeking strategic advisory services (such as mergers and acquisitions, shareholder advisory, and capital markets advisory including equity, debt, and private placement services) and institutional investors (such as pension funds, hedge funds, mutual funds, and sovereign wealth funds) that utilize Evercore's research, sales, trading, and asset management services. This category also includes foundations and endowments for wealth and asset management.
  • High-Net-Worth Individuals: Affluent individuals who utilize Evercore's wealth management services.

AI Analysis | Feedback

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AI Analysis | Feedback

John Weinberg, Chairman and Chief Executive Officer

John Weinberg is Chairman of the Board of Directors and Chief Executive Officer of Evercore, positions he has held since February 2022. Previously, he was Co-Chairman of the Board and Executive Chairman of Evercore. Before joining Evercore in November 2016, Mr. Weinberg served as vice chairman of Goldman Sachs from 2006 to 2015 and as co-head of global investment banking from 2002 to 2015. He started at Goldman Sachs in 1983 as an associate and was promoted to partner in 1992. Mr. Weinberg is a board member of Ford Motor Company, New York-Presbyterian Hospital, Middlebury College, and the Cystic Fibrosis Foundation.

Tim LaLonde, Chief Financial Officer

Tim LaLonde is Evercore's chief financial officer, a senior managing director and a member of the firm's Management Committee. He assumed this role effective March 6, 2023. Mr. LaLonde joined Evercore in 2001 and previously served as Co-Head of the U.S. Advisory business and held several other global senior leadership roles within the firm. He has over 33 years of experience in the investment banking industry, having served clients as an investment banker for the first 20 years of his career. Prior to Evercore, he was an executive director at UBS and a vice president at Dillon Read, a predecessor firm of UBS. Mr. LaLonde advised on significant transactions, including General Motors' sale of a 51% interest in GMAC, AT&T's acquisition of BellSouth, and Cingular Wireless' acquisition of AT&T Wireless Services.

Roger Altman, Founder and Senior Chairman

Roger Altman is Founder and Senior Chairman of Evercore. He began his investment banking career at Lehman Brothers, becoming a general partner in 1974. Mr. Altman served as Assistant Secretary of the U.S. Treasury under President Carter. He later returned to Lehman as co-head of overall investment banking, remaining in that position until Lehman was sold. In 1987, Mr. Altman joined The Blackstone Group as vice chairman, head of advisory business, and investment committee member. He then served as Deputy Secretary of the U.S. Treasury under President Clinton. In 1995, he formed Evercore.

Ralph Schlosstein, Chairman Emeritus

Ralph Schlosstein is Chairman Emeritus of Evercore, a position he has held since February 2022. He previously served as co-chairman of the Board of Directors and co-CEO from July 2020, and prior to that, he was President and CEO of Evercore for over 11 years. Before joining Evercore in 2009, Mr. Schlosstein was the CEO of HighView Investment Group, an alternative investment management firm. Before forming HighView in 2008, he served for almost 20 years as President of BlackRock, the world's largest asset management firm.

Eduardo Mestre, Chairman of Investment Banking

Eduardo Mestre is Chairman of Investment Banking at Evercore and a senior managing director. Since joining Evercore, Mr. Mestre has been involved in many of the firm's most important transactions across numerous industry sectors, including media, consumer, industrials, chemicals, and financial institutions.

AI Analysis | Feedback

The key risks to Evercore Inc. (EVR) primarily stem from the cyclical nature of its business, intense competition for talent and clients, and the evolving regulatory landscape. *

Cyclical Nature of Financial Markets and M&A Activity

Evercore's core business, particularly its investment banking advisory services, is highly susceptible to the fluctuations of the global financial markets and the volume of mergers and acquisitions (M&A) activity. Economic downturns or periods of market instability can significantly reduce the demand for the firm's advisory services, directly impacting its revenue and profitability. The company's business model, focused on high-touch, relationship-driven mandates, means its activity is more exposed to deal timing and client decision cycles than more diversified financial institutions. *

Intense Competition for Talent and Clients

The financial advisory sector is highly competitive, with Evercore vying for both clients and skilled professionals against large, full-service financial institutions and other independent advisory firms. The ability to attract and retain top talent is crucial in this industry, and pressure from high compensation and rising fixed costs are ongoing concerns. This intense competition necessitates continuous innovation and adaptation to maintain a competitive edge. *

Regulatory Changes and Compliance

The financial services industry is subject to stringent and ever-evolving regulatory oversight across various jurisdictions where Evercore operates. Changes in regulations can increase compliance costs, restrict business activities, or lead to penalties for non-compliance, which can result in legal and financial losses, as well as reputational damage. Specifically for its investment management segment, navigating complex rules related to anti-money laundering (AML) and counter-terrorist financing (CTF) is a continuous challenge.

AI Analysis | Feedback

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AI Analysis | Feedback

Evercore Inc. operates in two primary segments: Investment Banking and Investment Management. The addressable markets for these services are substantial across various regions.

Investment Banking Segment

Evercore's Investment Banking segment offers strategic advisory services, including mergers and acquisitions (M&A), capital markets advisory, and restructuring. The addressable market for these services is detailed below:

  • Globally, the investment banking market was valued at approximately USD 110.12 billion in 2025 and is projected to reach USD 214.90 billion by 2034.
  • In the U.S., the investment banking market size was approximately USD 54.74 billion in 2025 and is forecast to grow to USD 67.47 billion by 2031.

Investment Management Segment

Evercore's Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments, and manages financial assets for institutional investors. The addressable market for these services includes:

  • The global wealth management market size was valued at USD 1.83 trillion in 2024 and is poised to grow to USD 5.95 trillion by 2033.
  • For the broader asset management market (which includes institutional and wealth management services revenue) globally, the market size was valued at USD 432.77 billion in 2025 and is projected to grow to USD 1,122.04 billion by 2034.
  • In the U.S., the asset management market, which includes wealth management, generated an estimated revenue of USD 184.89 billion in 2025.

AI Analysis | Feedback

Evercore (EVR) is expected to experience future revenue growth driven by several key factors over the next 2-3 years:

1. Strengthening Merger and Acquisition (M&A) Activity: The outlook for M&A activity is anticipated to strengthen in the latter half of 2025 and into 2026, which is expected to support Evercore's revenue momentum. The firm's strategic advisory business has already demonstrated strong performance, contributing to record net revenues.

2. Diversification of Revenue Streams: Evercore's strategy to diversify its revenue beyond traditional M&A advisory, including growth in non-M&A businesses like Private Capital Advisory and underwriting, is a key driver. In 2025, underwriting revenues increased by 87% in the fourth quarter and 14% for the full year.

3. Growth in Investment Management and Wealth Management: The Investment Management segment is a contributor to revenue growth, with Asset Management and Administration Fees increasing, driven by higher fees from Wealth Management clients and an increase in associated Assets Under Management (AUM). This segment saw a 16% revenue increase in 2024.

4. Expansion Initiatives and Strategic Hiring: Strategic initiatives such as geographical expansion, particularly in Europe, and the strategic hiring of senior talent in key industry sectors are bolstering Evercore's future prospects. The company also received a license from the Capital Markets Authority in the Kingdom of Saudi Arabia in December 2025, signaling potential new market expansion.

5. Strong Performance in the Equities Business: Evercore's equities business has achieved record results, demonstrating nine consecutive quarters of year-over-year revenue improvement as of 2025.

AI Analysis | Feedback

Share Repurchases

  • In 2025, Evercore returned $812 million to shareholders, which included $661 million in share buybacks, and plans to continue repurchases in 2026.
  • During 2024, the company returned $590.6 million to shareholders, repurchasing 2.3 million shares at an average price of $193.40.
  • For the full year 2023, Evercore returned $523.5 million to shareholders, including repurchases of 3 million shares at an average price of $129.04.

Share Issuance

  • In February 2026, Evercore's CEO and Chairman John S. Weinberg received an award of 31,528 shares of Class A common stock as restricted stock units, which are set to vest in four equal annual installments starting February 4, 2027.
  • As of October 23, 2024, the number of Class A common stock shares outstanding was 38,068,746.
  • Amounts accrued under the 2021 Long-term Incentive Plan may be paid, at Evercore's discretion, in cash or Class A Shares in the first quarter of 2025, 2026, and 2027.

Outbound Investments

  • Evercore expanded its global presence in 2025 through the acquisition of Robey Warshaw and the establishment of new offices in Italy, Nordics, and Saudi Arabia.
  • In 2024, the company recorded a loss due to the write-off of the remaining carrying value of its investment in Luminis, associated with the redemption of Evercore's interest.
  • Evercore continues to strategically invest in talent, technology, and geographic expansion.

Capital Expenditures

  • Evercore's capital expenditures were $8.9 million in Q4 2025, representing a 54.4% decrease from the previous quarter.
  • Annual capital expenditures were $19 million in 2024, a decrease from $43 million in 2023.
  • Estimated capital expenditures for Evercore are $44 million for 2025, $80 million for 2026, and $76 million for 2027, with a primary focus for financial services in AI adoption, infrastructure, services, and research.

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

EVRGSMSLAZHLIJEFMedian
NameEvercore Goldman .Morgan S.Lazard Houlihan.Jefferie. 
Mkt Price323.26928.74189.5845.40146.8151.06168.19
Mkt Cap12.6282.2295.94.59.811.011.8
Rev LTM4,55360,44868,7733,2622,64811,2227,887
Op Inc LTM---4176354,702635
FCF LTM1,523-41,922-3,950497739-794-149
FCF 3Y Avg913-39,555-19,034505562-1,380-437
CFO LTM1,580-39,792-1,011518769-572-27
CFO 3Y Avg954-37,408-15,765540609-1,187-324

Growth & Margins

EVRGSMSLAZHLIJEFMedian
NameEvercore Goldman .Morgan S.Lazard Houlihan.Jefferie. 
Rev Chg LTM47.2%11.2%14.8%9.8%18.0%7.5%13.0%
Rev Chg 3Y Avg22.5%9.1%11.4%7.1%13.4%17.2%12.4%
Rev Chg Q100.3%14.4%17.0%17.4%13.0%16.1%16.6%
QoQ Delta Rev Chg LTM18.1%3.7%4.3%3.6%3.2%3.7%3.7%
Op Inc Chg LTM----0.9%24.9%-0.2%-0.2%
Op Inc Chg 3Y Avg---221.1%22.1%22.3%22.3%
Op Mgn LTM---12.8%24.0%41.9%24.0%
Op Mgn 3Y Avg---9.6%22.9%44.1%22.9%
QoQ Delta Op Mgn LTM---0.8%0.4%-0.9%0.4%
CFO/Rev LTM34.7%-65.8%-1.5%15.9%29.1%-5.1%7.2%
CFO/Rev 3Y Avg27.0%-70.2%-28.1%18.0%26.5%-12.5%2.8%
FCF/Rev LTM33.4%-69.4%-5.7%15.2%27.9%-7.1%4.8%
FCF/Rev 3Y Avg25.8%-74.2%-33.6%16.9%24.2%-14.4%1.2%

Valuation

EVRGSMSLAZHLIJEFMedian
NameEvercore Goldman .Morgan S.Lazard Houlihan.Jefferie. 
Mkt Cap12.6282.2295.94.59.811.011.8
P/S2.84.74.31.43.71.03.2
P/Op Inc---10.815.42.310.8
P/EBIT---10.015.42.510.0
P/E16.915.616.316.321.814.816.3
P/CFO8.0-7.1-292.78.712.7-19.30.4
Total Yield7.1%6.4%6.1%10.3%6.3%6.7%6.6%
Dividend Yield1.2%0.0%0.0%4.2%1.8%0.0%0.6%
FCF Yield 3Y Avg9.7%-22.5%-11.0%12.4%5.3%-13.5%-2.9%
D/E0.11.51.30.50.12.30.9
Net D/E-0.10.90.90.2-0.11.30.5

Returns

EVRGSMSLAZHLIJEFMedian
NameEvercore Goldman .Morgan S.Lazard Houlihan.Jefferie. 
1M Rtn-10.9%0.3%0.9%-6.4%-9.7%7.0%-3.1%
3M Rtn1.3%1.9%11.1%-11.2%-11.0%-1.0%0.1%
6M Rtn8.4%20.9%19.9%-0.7%-14.7%-2.6%3.9%
12M Rtn36.1%54.8%48.4%2.6%-16.8%2.4%19.4%
3Y Rtn213.0%206.5%153.6%39.9%75.7%82.8%118.2%
1M Excs Rtn-13.2%-4.8%-3.5%-8.5%-12.2%4.7%-6.6%
3M Excs Rtn-9.0%-6.9%1.1%-18.6%-18.1%-11.3%-10.2%
6M Excs Rtn-3.6%9.4%7.8%-15.6%-27.1%-15.1%-9.4%
12M Excs Rtn11.9%29.7%23.5%-21.5%-41.1%-22.9%-4.8%
3Y Excs Rtn141.5%134.5%74.9%-38.5%-4.5%9.3%42.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Investment Banking & Equities2,8982,3562,6963,2242,217
Investment Management8170666647
Total2,9802,4262,7623,2892,264


Assets by Segment
$ Mil20252024202320222021
Investment Banking & Equities4,0223,5423,4463,6053,187
Investment Management152161175197184
Total4,1743,7033,6213,8033,371


Price Behavior

Price Behavior
Market Price$323.26 
Market Cap ($ Bil)12.5 
First Trading Date08/14/2006 
Distance from 52W High-15.4% 
   50 Days200 Days
DMA Price$317.62$325.12
DMA Trendupup
Distance from DMA1.8%-0.6%
 3M1YR
Volatility40.3%35.4%
Downside Capture225.53193.05
Upside Capture168.64179.67
Correlation (SPY)65.6%63.3%
EVR Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta2.081.711.921.821.921.66
Up Beta1.791.481.371.091.841.63
Down Beta2.971.952.211.962.001.72
Up Capture174%200%208%284%323%716%
Bmk +ve Days15223166141428
Stock +ve Days12223369142414
Down Capture221%152%204%166%150%110%
Bmk -ve Days4183056108321
Stock -ve Days10213156110339

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVR
EVR35.5%35.4%0.91-
Sector ETF (XLF)0.6%14.6%-0.1870.7%
Equity (SPY)25.0%12.1%1.5563.4%
Gold (GLD)40.0%26.8%1.238.6%
Commodities (DBC)49.4%18.5%2.03-17.6%
Real Estate (VNQ)9.7%13.4%0.4545.6%
Bitcoin (BTCUSD)-25.6%41.9%-0.5935.0%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVR
EVR21.0%35.7%0.61-
Sector ETF (XLF)8.7%18.6%0.3575.0%
Equity (SPY)14.2%17.0%0.6570.3%
Gold (GLD)19.3%18.0%0.876.6%
Commodities (DBC)11.0%19.4%0.4513.4%
Real Estate (VNQ)4.0%18.8%0.1151.8%
Bitcoin (BTCUSD)9.4%55.6%0.3830.4%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVR
EVR23.0%36.8%0.67-
Sector ETF (XLF)12.5%22.2%0.5275.4%
Equity (SPY)15.3%17.9%0.7369.1%
Gold (GLD)13.0%16.0%0.67-0.1%
Commodities (DBC)8.4%17.9%0.3823.2%
Real Estate (VNQ)5.1%20.7%0.2151.5%
Bitcoin (BTCUSD)67.2%66.9%1.0620.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity1.1 Mil
Short Interest: % Change Since 415202617.7%
Average Daily Volume0.7 Mil
Days-to-Cover Short Interest1.6 days
Basic Shares Quantity39.0 Mil
Short % of Basic Shares2.7%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/29/2026-4.8%-4.2% 
2/4/20265.2%6.9%-10.4%
10/29/2025-9.1%-7.5%-1.4%
7/30/20252.5%-1.3%7.2%
4/30/20253.2%3.4%18.1%
2/5/20250.8%-6.1%-25.4%
10/23/2024-6.5%-3.8%9.3%
7/24/2024-3.2%1.2%-1.9%
...
SUMMARY STATS   
# Positive91015
# Negative15148
Median Positive3.2%3.5%6.4%
Median Negative-3.5%-4.1%-6.5%
Max Positive6.0%13.3%19.3%
Max Negative-9.1%-9.1%-25.4%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/20/202610-K
09/30/202511/05/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/21/202510-K
09/30/202411/06/202410-Q
06/30/202408/02/202410-Q
03/31/202405/08/202410-Q
12/31/202302/22/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/05/202310-Q
12/31/202202/24/202310-K
09/30/202211/03/202210-Q
06/30/202208/03/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Williamson, Sarah K DirectBuy3102026290.432,000580,8603,875,788Form
2Klurfeld, JasonGeneral CounselDirectSell2062026360.005,0001,800,00017,772,480Form
3Pensa, PaulContr, Prin. Acct.OfficerDirectSell2062026350.311,450507,9501,759,257Form
4Carlton, Pamela G DirectSell12112025343.1119265,8771,194,366Form
5Lalonde, Timothy GilbertChief Financial OfficerDirectSell8072025295.448,4072,483,76411,068,069Form