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Evercore Inc. Stockholders' Equity
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Evercore Inc. Stockholders' Equity Evercore Inc. Stockholders' Equity
Dividends – On October 28, 2025, the Company's Board of Directors declared a quarterly cash dividend of $0.84 per share to the holders of record of the Company's Class A Shares as of November 28, 2025, which will be paid on December 12, 2025. During the three and nine months ended September 30, 2025, the Company declared and paid dividends of $0.84 and $2.48 per share, respectively, totaling $32,519 and $96,155, respectively, and accrued deferred cash dividends on unvested and vested restricted stock units ("RSUs") totaling $3,961 and $11,633, respectively. The Company also paid deferred cash dividends of $304 and $15,759 during the three and nine months ended September 30, 2025, respectively. During the three and nine months ended September 30, 2024, the Company declared and paid dividends of $0.80 and $2.36 per share, respectively, totaling $30,426 and $90,373, respectively, and accrued deferred cash dividends on unvested and vested RSUs totaling $4,115 and $12,145, respectively. The Company also paid deferred cash dividends of $411 and $14,609 during the three and nine months ended September 30, 2024, respectively.
Treasury Stock – During the three months ended September 30, 2025, the Company purchased 15 Class A Shares from employees at an average cost per share of $291.99, primarily for the net settlement of stock-based compensation awards, and 160 Class A Shares at an average cost per share of $329.80 pursuant to the Company's share repurchase program. The aggregate 175 Class A Shares were purchased at an average cost per share of $326.62 and the result of these purchases was an increase in Treasury Stock of $57,032 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2025.
During the nine months ended September 30, 2025, the Company purchased 944 Class A Shares from employees at an average cost per share of $283.77, primarily for the net settlement of stock-based compensation awards, and 968 Class A Shares at an average cost per share of $246.16 pursuant to the Company's share repurchase program. The aggregate 1,912 Class A Shares were purchased at an average cost per share of $264.72 and the result of these purchases was an increase in Treasury Stock of $506,197 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2025.
During the first, second and third quarter of 2025, the Company entered into an agreement to purchase 200, 170 and 100 Class A Shares, respectively, from Ed Hyman, who until February 10, 2025 was an executive officer of the Company, at a price of $206.19, $237.79 and $327.09 per share, respectively, resulting in a total purchase price of $41,238, $40,425 and $32,709, respectively. These purchases were made pursuant to the Company's share repurchase program and are included within the above treasury stock purchases for the three and nine months ended September 30, 2025.
Evercore LP Units – During the three and nine months ended September 30, 2025, 107 and 217 Evercore LP partnership units ("LP Units"), respectively, were exchanged for Class A Shares, resulting in an increase to Class A Common Stock of $1 and $2 for the three and nine months ended September 30, 2025, respectively, and an increase to Additional Paid-In Capital of $11,805 and $22,771 for the three and nine months ended September 30, 2025, respectively, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition. See Note 13 for further information.
During the nine months ended September 30, 2025, the Company issued 2 Class A limited partnership units of Evercore LP ("Class A LP Units"). See Note 13 for further information.
Accumulated Other Comprehensive Income (Loss) – As of September 30, 2025, Accumulated Other Comprehensive Income (Loss) on the Company's Unaudited Condensed Consolidated Statement of Financial Condition includes an accumulated Unrealized Gain (Loss) on Securities and Investments, net, and Foreign Currency Translation Adjustment Gain (Loss), net, of $44 and ($15,227), respectively.
The redemption of the Company's interest in Luminis in the third quarter of 2024 resulted in the reclassification of $581 of cumulative foreign currency translation losses from Accumulated Other Comprehensive Income (Loss) on the Unaudited Condensed Consolidated Statement of Financial Condition to Other Revenue, Including Interest and Investments, on the Unaudited Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2024. See Note 8 for further information.