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Evercore Inc. (Parent Company Only) Financial Statements (Tables)
 12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Evercore Inc. (Parent Company Only) Condensed Statements of Financial Condition
EVERCORE INC.
(parent company only)
CONDENSED STATEMENTS OF FINANCIAL CONDITION
(dollars in thousands, except share data)
 December 31,
 20242023
ASSETS
Equity Investment in Subsidiary$1,881,783 $1,743,393 
Deferred Tax Assets239,118 234,719 
Goodwill15,236 15,236 
Other Assets12,450 24,110 
TOTAL ASSETS$2,148,587 $2,017,458 
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Current Liabilities
Payable to Related Party$10,423 $10,522 
Other Current Liabilities3,659 3,304 
Current Portion of Notes Payable37,951 — 
Total Current Liabilities52,033 13,826 
Amounts Due Pursuant to Tax Receivable Agreements52,968 52,813 
Long-term Debt - Notes Payable335,944 373,885 
TOTAL LIABILITIES440,945 440,524 
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 Capital3,510,356 3,163,198 
Accumulated Other Comprehensive Income (Loss)(36,057)(26,538)
Retained Earnings2,133,919 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 STOCKHOLDERS' EQUITY1,707,642 1,576,934 
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$2,148,587 $2,017,458 


See notes to parent company only financial statements.
Evercore Inc. (Parent Company Only) Condensed Statements of Operations
EVERCORE INC.
(parent company only)
CONDENSED STATEMENTS OF OPERATIONS
 For the Years Ended December 31,
 202420232022
REVENUES
Other Revenue, Including Interest and Investments$16,768 $16,717 $16,850 
TOTAL REVENUES16,768 16,717 16,850 
Interest Expense16,768 16,717 16,850 
NET REVENUES— — — 
EXPENSES
TOTAL EXPENSES— — — 
OPERATING INCOME— — — 
Equity in Income of Subsidiary476,261 315,109 605,957 
Provision for Income Taxes97,982 59,630 129,437 
NET INCOME$378,279 $255,479 $476,520 
See notes to parent company only financial statements.
Evercore Inc. (Parent Company Only) Condensed Statement of Cash Flows
EVERCORE INC.
(parent company only)
CONDENSED STATEMENTS OF CASH FLOWS
 For the Years Ended December 31,
 202420232022
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income$378,279 $255,479 $476,520 
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:
Undistributed Income of Subsidiary(476,261)(315,109)(605,957)
Deferred Taxes22,265 4,332 2,624 
Accretion on Long-term Debt556 529 585 
(Increase) Decrease in Operating Assets:
Other Assets11,660 6,989 (31,099)
Increase (Decrease) in Operating Liabilities:
Taxes Payable— — (13,075)
Net Cash Provided by (Used in) Operating Activities(63,501)(47,780)(170,402)
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in Subsidiary210,760 175,644 297,659 
Net Cash Provided by Investing Activities210,760 175,644 297,659 
CASH FLOWS FROM FINANCING ACTIVITIES
Payments to Related Party(11,427)— — 
Payment of Notes Payable — — (67,000)
Issuance of Notes Payable— — 67,000 
Dividends(135,832)(127,864)(127,257)
Net Cash Provided by (Used in) Financing Activities(147,259)(127,864)(127,257)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH— — — 
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of Year— — — 
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of Year$— $— $— 
SUPPLEMENTAL CASH FLOW DISCLOSURE
Payments for Income Taxes$64,121 $48,850 $170,844 
Accrued Dividends$16,159 $17,054 $15,236 
See notes to parent company only financial statements.