Evercore Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
EVR$294.80-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $596,878 | $663,400 |
| Investment Securities and Certificates of Deposit (includes available-for-sale debt securities with an amortized cost of $744,178 and $802,652 at December 31, 2023 and 2022, respectively) | 1,436,883 | 1,432,716 |
| Accounts Receivable (net of allowances of $5,603 and $4,683 at December 31, 2023 and 2022, respectively) | 371,606 | 385,131 |
| Receivable from Employees and Related Parties | 25,746 | 21,914 |
| Other Current Assets | 174,104 | 203,570 |
| Total Current Assets | 2,605,217 | 2,706,731 |
| Investments | 43,419 | 43,047 |
| Deferred Tax Assets | 265,814 | 257,166 |
| Operating Lease Right-of-Use Assets | 378,128 | 237,561 |
| Furniture, Equipment and Leasehold Improvements (net of accumulated depreciation and amortization of $212,929 and $187,077 at December 31, 2023 and 2022, respectively) | 137,940 | 143,268 |
| Goodwill | 125,493 | 123,285 |
| Other Assets | 147,287 | 109,865 |
| Total Assets | $3,703,298 | $3,620,923 |
| Liabilities and Equity | ||
| Current Liabilities | ||
| Accrued Compensation and Benefits | $763,160 | $918,489 |
| Accounts Payable and Accrued Expenses | 25,989 | 28,807 |
| Payable to Employees and Related Parties | 45,838 | 41,235 |
| Operating Lease Liabilities | 36,259 | 37,968 |
| Taxes Payable | 5,424 | 9,842 |
| Other Current Liabilities | 33,389 | 34,195 |
| Total Current Liabilities | 910,059 | 1,070,536 |
| Operating Lease Liabilities | 434,247 | 278,078 |
| Notes Payable | 373,885 | 371,774 |
| Amounts Due Pursuant to Tax Receivable Agreements | 52,813 | 61,169 |
| Other Long-term Liabilities | 149,804 | 112,948 |
| Total Liabilities | 1,920,808 | 1,894,505 |
| Commitments and Contingencies (Note 19) | ||
| Equity | ||
| Evercore Inc. Stockholders' Equity | ||
| Common Stock | ||
| Class A, par value $0.01 per share (1,000,000,000 shares authorized, 82,114,009 and 79,686,375 issued at December 31, 2023 and 2022, respectively, and 37,773,613 and 38,347,262 outstanding at December 31, 2023 and 2022, respectively) | 821 | 797 |
| Class B, par value $0.01 per share (1,000,000 shares authorized, 46 and 50 issued and outstanding at December 31, 2023 and 2022, respectively) | — | — |
| Additional Paid-In Capital | 3,163,198 | 2,861,775 |
| Accumulated Other Comprehensive Income (Loss) | (26,538) | (27,942) |
| Retained Earnings | 1,892,656 | 1,768,098 |
| Treasury Stock at Cost (44,340,396 and 41,339,113 shares at December 31, 2023 and 2022, respectively) | (3,453,203) | (3,065,917) |
| Total Evercore Inc. Stockholders' Equity | 1,576,934 | 1,536,811 |
| Noncontrolling Interest | 205,556 | 189,607 |
| Total Equity | 1,782,490 | 1,726,418 |
| Total Liabilities and Equity | $3,703,298 | $3,620,923 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.