Evercore Inc
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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.
FY2024 · Filed Feb 21, 2025
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, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $873,045 | $596,878 |
| Investment Securities and Certificates of Deposit (includes available-for-sale debt securities with an amortized cost of $813,507 and $744,178 at December 31, 2024 and 2023, respectively) | 1,519,381 | 1,436,883 |
| Accounts Receivable (net of allowances of $2,253 and $5,603 at December 31, 2024 and 2023, respectively) | 421,502 | 371,606 |
| Receivable from Employees and Related Parties | 33,566 | 25,746 |
| Other Current Assets | 140,407 | 174,104 |
| Total Current Assets | 2,987,901 | 2,605,217 |
| Investments | 18,673 | 43,419 |
| Deferred Tax Assets | 284,508 | 265,814 |
| Operating Lease Right-of-Use Assets | 439,458 | 378,128 |
| Furniture, Equipment and Leasehold Improvements (net of accumulated depreciation and amortization of $151,455 and $212,929 at December 31, 2024 and 2023, respectively) | 144,756 | 137,940 |
| Goodwill | 124,452 | 125,493 |
| Other Assets | 174,223 | 147,287 |
| Total Assets | $4,173,971 | $3,703,298 |
| Liabilities and Equity | ||
| Current Liabilities | ||
| Accrued Compensation and Benefits | $1,024,076 | $763,160 |
| Accounts Payable and Accrued Expenses | 29,041 | 25,989 |
| Payable to Employees and Related Parties | 48,494 | 45,838 |
| Operating Lease Liabilities | 55,253 | 36,259 |
| Taxes Payable | 4,781 | 5,424 |
| Current Portion of Notes Payable | 37,951 | — |
| Other Current Liabilities | 30,205 | 33,389 |
| Total Current Liabilities | 1,229,801 | 910,059 |
| Operating Lease Liabilities | 494,169 | 434,247 |
| Notes Payable | 335,944 | 373,885 |
| Amounts Due Pursuant to Tax Receivable Agreements | 52,968 | 52,813 |
| Other Long-term Liabilities | 119,281 | 149,804 |
| Total Liabilities | 2,232,163 | 1,920,808 |
| 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, 84,767,922 and 82,114,009 issued at December 31, 2024 and 2023, respectively, and 38,116,350 and 37,773,613 outstanding at December 31, 2024 and 2023, respectively) | 848 | 821 |
| Class B, par value $0.01 per share (1,000,000 shares authorized, 45 and 46 issued and outstanding at December 31, 2024 and 2023, respectively) | — | — |
| Additional Paid-In Capital | 3,510,356 | 3,163,198 |
| Accumulated Other Comprehensive Income (Loss) | (36,057) | (26,538) |
| Retained Earnings | 2,133,919 | 1,892,656 |
| Treasury Stock at Cost (46,651,572 and 44,340,396 shares at December 31, 2024 and 2023, respectively) | (3,901,424) | (3,453,203) |
| Total Evercore Inc. Stockholders' Equity | 1,707,642 | 1,576,934 |
| Noncontrolling Interest | 234,166 | 205,556 |
| Total Equity | 1,941,808 | 1,782,490 |
| Total Liabilities and Equity | $4,173,971 | $3,703,298 |
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