Evercore Inc. (EVR) Stock

Evercore Inc. (EVR) is a Financials stock trading at $287.11 (as of 2026-08-20), with a market capitalization of $11.81B and a trailing P/E of 15.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand Evercore Inc.: how it makes money

Evercore Inc. provides independent investment banking advisory services (such as M&A and capital markets advisory) and investment management services, and it makes money primarily through transaction and advisory fees as well as investment management related to assets under management.

Evercore's profitability is driven by fee revenue from deal-linked Investment Banking activities (advisory and capital markets) plus investment management revenue tied to Assets Under Management, while expenses are heavily influenced by compensation and other non-compensation costs.

Business quality (Strong): Good visibility into the business model and operating metrics, but the provided data does not include a clean, segment-level revenue split between the two reportable segments.

Valuation: At 21× earnings, EVR trades 38% below the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Two-part platform (Investment Banking plus Investment Management): Evercore operates through two segments, Investment Banking and Investment Management, which can support earnings when one area is stronger than the other.
  • Operating leverage signals: Operating margin is 23.7% (for the quarter ended 2026-03-31), suggesting the company can translate revenue into profitability.
  • AUM and advisory are directly measurable operating drivers: The company tracks Assets Under Management (Wealth Management) and Advisory Revenues, giving investors observable indicators tied to the profit engines.

Bear case

  • Revenue sensitivity to capital markets and deal activity: Investment Banking revenue categories include advisory, underwriting, and commissions, so revenue can be impacted by changes in transaction volumes and market conditions.
  • Cost structure may limit downside flexibility: Compensation Ratio (Employee Compensation and Benefits) is 65.5%, and Non-Compensation Expense Ratio is 12.0%, indicating a cost base that can pressure earnings if revenues weaken.
  • Investment management depends on AUM levels: Assets Under Management (Wealth Management) is a key metric, and lower or volatile AUM would be a direct headwind to investment management economics.
Valuation — source: SEC EDGAR (first-party)
Price$287.11
Market Cap$11.81B
P/E Ratio15.9
EV / EBITDA10.0
Price / Book5.42
Price / Sales2.49
FCF Yield13.8%
DCF Value (model)$243.58
DCF Upside vs Price-15.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.88B
Net Margin15.3%
Revenue Growth (YoY)19.1%
EPS Growth (YoY)-1.6%
FCF Growth (YoY)25.0%
Financial Health — source: SEC EDGAR
Altman Z-Score4.74 (safe)
Valuation vs Sector & Industry
Stock P/E15.9
Sector P/E (Financials)15.1
Industry P/E (Trading)34.6
vs Sector4.7%
vs Industry-54.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.31B)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryTrading
CEOJohn S. Weinberg
Employees2,395
CountryUS
IPO Date2006-08-14

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EVR earnings history · EVR institutional & insider holders · EVR KPIs & operating metrics · EVR financials · EVR investor presentations & press releases · EVR SEC filings · EVR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.