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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Investment Banking & Equities:        
Other Revenue, Including Interest and Investments $ 26,194 $ 10,188 $ 80,671 $ 61,255
Total Revenues 738,420 574,404 2,016,836 1,654,318
Interest Expense 4,198 4,184 12,575 12,536
Net Revenues 734,222 570,220 2,004,261 1,641,782
Expenses        
Employee Compensation and Benefits 488,010 391,730 1,334,650 1,096,976
Occupancy and Equipment Rental 23,087 22,094 66,832 63,994
Professional Fees 32,313 28,390 97,820 79,992
Travel and Related Expenses 18,278 13,465 58,884 46,090
Communications and Information Services 21,242 18,435 59,995 52,006
Depreciation and Amortization 5,896 5,848 18,628 18,373
Execution, Clearing and Custody Fees 3,346 3,115 9,738 8,845
Special Charges, Including Business Realignment Costs 7,305 0 7,305 2,921
Other Operating Expenses 12,752 10,317 36,053 31,139
Total Expenses 612,229 493,394 1,689,905 1,400,336
Income Before Income from Equity Method Investments and Income Taxes 121,993 76,826 314,356 241,446
Income from Equity Method Investments 1,072 1,664 5,254 4,674
Income Before Income Taxes 123,065 78,490 319,610 246,120
Provision for Income Taxes 34,971 19,717 56,659 52,945
Net Income 88,094 58,773 262,951 193,175
Net Income Attributable to Noncontrolling Interest 9,701 6,625 25,107 20,444
Net Income Attributable to Evercore Inc. 78,393 52,148 237,844 172,731
Net Income Attributable to Evercore Inc. Common Shareholders $ 78,393 $ 52,148 $ 237,844 $ 172,731
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 38,294 37,823 38,411 38,179
Diluted (in shares) 42,038 40,000 41,325 39,907
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 2.05 $ 1.38 $ 6.19 $ 4.52
Diluted (in dollars per share) $ 1.86 $ 1.30 $ 5.76 $ 4.33
Investment Banking and Equities [Member]        
Investment Banking & Equities:        
Revenue from Contract with Customer $ 691,671 $ 546,912 $ 1,877,711 $ 1,543,226
Net Revenues 712,775 552,641 1,944,513 1,589,698
Expenses        
Income Before Income from Equity Method Investments and Income Taxes 116,387 73,212 298,919 229,924
Income from Equity Method Investments 207 180 1,042 394
Income Before Income Taxes 116,594 73,392 299,961 230,318
Investment Banking and Equities [Member] | Advisory Fees [Member]        
Investment Banking & Equities:        
Revenue from Contract with Customer 592,980 467,401 1,591,049 1,304,519
Investment Banking and Equities [Member] | Underwriting Fees [Member]        
Investment Banking & Equities:        
Revenue from Contract with Customer 44,132 30,814 130,666 91,897
Investment Banking and Equities [Member] | Commissions and Related Revenue [Member]        
Investment Banking & Equities:        
Revenue from Contract with Customer 54,559 48,697 155,996 146,810
Investment Management [Member]        
Investment Banking & Equities:        
Revenue from Contract with Customer 20,555 17,304 58,454 49,837
Net Revenues 21,447 17,579 59,748 52,084
Expenses        
Income Before Income from Equity Method Investments and Income Taxes 5,606 3,614 15,437 11,522
Income from Equity Method Investments 865 1,484 4,212 4,280
Income Before Income Taxes 6,471 5,098 19,649 15,802
Investment Management [Member] | Asset Management and Administration Fees [Member]        
Investment Banking & Equities:        
Revenue from Contract with Customer $ 20,555 $ 17,304 $ 58,454 $ 49,837