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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
2024 Pay Versus Performance Table
 
   
Summary Compensation
Table (SCT) Total(1)
   
Compensation Actually
Paid (CAP)(2)
   
Average
SCT Total
for other
NEOs(1)
   
Average
CAP for
other
NEOs(2)(4)
   
Value of Initial Fixed
$100 Investment
Based on:
             
Year
 
John
Weinberg(3)
   
Ralph
Schlosstein
   
John
Weinberg(3)
   
Ralph
Schlosstein
   
 
   
 
   
Company
TSR
   
Peer
Group
TSR(5)
   
Net
Income
($ in
millions)
   
Adjusted
Net
Revenue ($
in
millions)(6)
 
2024
  $ 9,866,138       N/A     $ 17,138,320       N/A     $ 5,897,401     $ 15,694,583     $ 417     $ 174     $ 378     $ 3,003  
2023
  $ 12,965,491       N/A     $ 18,668,990       N/A     $ 4,241,797     $ 6,784,875     $ 253     $ 133     $ 255     $ 2,449  
2022
  $ 15,176,726     $ 7,676,726     $ 5,693,292     $ 5,502,692     $ 5,028,826     $ 3,900,059     $ 158     $ 119     $ 477     $ 2,786  
2021
  $ 16,282,195     $ 10,282,195     $ 38,025,295     $ 12,841,786     $ 5,443,744     $ 6,610,145     $ 192     $ 133     $ 740     $ 3,317  
2020
  $ 13,315,103     $ 7,315,103     $ 42,672,395     $ 10,685,288     $ 4,463,806     $ 6,267,435     $ 152     $ 98     $ 351     $ 2,327  
 
  (1)
The PEO in the 2024 and 2023 reporting years is John S. Weinberg. The PEOs in the 2022, 2021, and 2020 reporting years are John S. Weinberg and Ralph L. Schlosstein (Mr. Schlosstein stepped down as
Co-Chairman
of the Board and
Co-CEO
effective February 25, 2022). The other NEOs in the 2024 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, and Tim LaLonde. The NEOs in the 2023 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, Tim LaLonde, Celeste Mellet, and Paul Pensa. The other NEOs in the 2022 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, and Celeste Mellet. The other NEOs in the 2021 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, Celeste Mellet, and Robert B. Walsh. The other NEOs in the 2020 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, and Robert B. Walsh.
 
  (2)
SEC rules require certain
adjustments
be made to Summary Compensation Table
values
to determine Compensation Actually Paid, or CAP. The amounts reported as CAP to our PEOs and Average CAP to
Non-PEO
NEOs were calculated in accordance with Item 402(v) of Regulation
S-K,
as shown in the table below. NEOs do not participate in any defined benefit plan and as such, no adjustment for pension is included in the following table. The following table details adjustments made to calculate CAP.
 
         
Deduction
from SCT
Total
   
Additions (Deductions) to SCT Total
       
Year
 
SCT Total
   
Grant Date
Fair Value
of Equity
Awards
   
Fair Value
of Current
Year
Equity
Awards
Unvested at
FY End
   
Change in
Fair Value of
Prior Year
Equity
Awards
Unvested at
FY End
   
Change in
Fair Value of
Prior Year
Equity
Awards that
Vested in the
Year
   
Change in
Fair Value of
Prior Year
Equity
Awards
Forfeited in
the Year
   
Dividends on
Equity
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
   
CAP
 
PEO SCT Total to CAP Reconciliation (Mr. Weinberg)
 
2024
  $ 9,866,138     $ 3,241,138     $ 4,914,856     $ 5,192,581     $ 195,260     $ 0     $ 210,623     $ 17,138,320  
2023
  $ 12,965,491     $ 3,340,491     $ 4,200,817     $ 3,603,246     $ 991,815     $ 0     $ 248,112     $ 18,668,990  
2022
  $ 15,176,726     $ 5,426,726     $ 4,679,314     $ (1,463,864   $ (7,708,408   $ 0     $ 436,250     $ 5,693,292  
2021
  $ 16,282,195     $ 4,282,195     $ 4,919,129     $ 18,076,120     $ 2,089,618     $ 0     $ 940,429     $ 38,025,295  
2020
  $ 13,315,103     $ 2,565,103     $ 3,449,713     $ 28,334,454     $ (977,793   $ 0     $ 1,116,022     $ 42,672,395  
PEO SCT Total to CAP Reconciliation (Mr. Schlosstein)
 
2024
    N/A       —        —        —        —        —        —        —   
2023
    N/A       —        —        —        —        —        —        —   
2022
  $ 7,676,726     $ 5,426,726     $ 4,679,314     $ (1,463,864   $ (239,888   $ 0     $ 277,130     $ 5,502,692  
2021
  $ 10,282,195     $ 4,282,195     $ 4,919,129     $ 1,458,980     $ 220,209     $ 0     $ 243,469     $ 12,841,786  
2020
  $ 7,315,103     $ 2,565,103     $ 3,449,713     $ 2,159,351     $ 106,799     $ 0     $ 219,424     $ 10,685,288  
Average
Non-PEOs
SCT Total to CAP Reconciliation
 
2024
  $ 5,897,401     $ 2,677,216     $ 4,059,725     $ 8,164,859     $ 112,177     $ 0     $ 137,637     $ 15,694,583  
2023
  $ 4,241,797     $ 1,816,352     $ 2,284,145     $ 2,196,985     $ 347,395     $ (569,052   $ 99,958     $ 6,784,875  
2022
  $ 5,028,826     $ 2,571,521     $ 2,217,351     $ (759,806   $ (154,846   $ 0     $ 140,056     $ 3,900,059  
2021
  $ 5,443,744     $ 2,264,559     $ 2,535,885     $ 689,931     $ 90,370     $ 0     $ 114,774     $ 6,610,145  
2020
  $ 4,463,806     $ 1,817,682     $ 2,444,533     $ 1,008,564     $ 47,866     $ 0     $ 120,346     $ 6,267,435  
 
  (3)
The amounts shown for Mr. Weinberg’s CAP for 2020-2023 include as a component of the SCT Total, the portion of Mr. Weinberg’s initial long-term
sign-on
restricted cash award of $35 million that vested during the applicable year. The amounts shown for Mr. Weinberg’s CAP for 2020-2022 include the change in the fair value of Mr. Weinberg’s initial long-term
sign-on
equity awards granted in 2016 that were unvested at fiscal year end or vested during the applicable fiscal year. These awards, which were granted in 2016, were not a part of Mr. Weinberg’s discretionary annual bonus in respect of any year of his service and the vast majority were intended to replace deferred compensation from Mr. Weinberg’s previous employer that was at risk of forfeiture as a result of joining Evercore.
 
  (4)
The fair value of performance-based equity awards reported for CAP purposes reflects calculated performance at the end of the performance year for internal metrics, in accordance with FASB ASC 718. Performance-based equity awards subject to internal metrics will ultimately vest, if at all, based on measured performance through the end of the performance period.
 
  (5)
Reflects the total shareholder return indexed to $100 per share for the S&P 500 Financials Index, which is the industry line peer group reported in our annual report to shareholders.
 
  (6)
Adjusted Net Revenues is a
non-GAAP
financial measure. See Annex A for further information and a reconciliation to U.S. GAAP amounts.
       
Company Selected Measure Name Adjusted Net Revenues        
Named Executive Officers, Footnote The PEO in the 2024 and 2023 reporting years is John S. Weinberg. The PEOs in the 2022, 2021, and 2020 reporting years are John S. Weinberg and Ralph L. Schlosstein (Mr. Schlosstein stepped down as
Co-Chairman
of the Board and
Co-CEO
effective February 25, 2022). The other NEOs in the 2024 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, and Tim LaLonde. The NEOs in the 2023 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, Tim LaLonde, Celeste Mellet, and Paul Pensa. The other NEOs in the 2022 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, and Celeste Mellet. The other NEOs in the 2021 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, Celeste Mellet, and Robert B. Walsh. The other NEOs in the 2020 reporting year are Roger C. Altman, Edward S. Hyman, Jason Klurfeld, and Robert B. Walsh.
       
Peer Group Issuers, Footnote Reflects the total shareholder return indexed to $100 per share for the S&P 500 Financials Index, which is the industry line peer group reported in our annual report to shareholders.        
Adjustment To PEO Compensation, Footnote
  (2)
SEC rules require certain
adjustments
be made to Summary Compensation Table
values
to determine Compensation Actually Paid, or CAP. The amounts reported as CAP to our PEOs and Average CAP to
Non-PEO
NEOs were calculated in accordance with Item 402(v) of Regulation
S-K,
as shown in the table below. NEOs do not participate in any defined benefit plan and as such, no adjustment for pension is included in the following table. The following table details adjustments made to calculate CAP.
 
         
Deduction
from SCT
Total
   
Additions (Deductions) to SCT Total
       
Year
 
SCT Total
   
Grant Date
Fair Value
of Equity
Awards
   
Fair Value
of Current
Year
Equity
Awards
Unvested at
FY End
   
Change in
Fair Value of
Prior Year
Equity
Awards
Unvested at
FY End
   
Change in
Fair Value of
Prior Year
Equity
Awards that
Vested in the
Year
   
Change in
Fair Value of
Prior Year
Equity
Awards
Forfeited in
the Year
   
Dividends on
Equity
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
   
CAP
 
PEO SCT Total to CAP Reconciliation (Mr. Weinberg)
 
2024
  $ 9,866,138     $ 3,241,138     $ 4,914,856     $ 5,192,581     $ 195,260     $ 0     $ 210,623     $ 17,138,320  
2023
  $ 12,965,491     $ 3,340,491     $ 4,200,817     $ 3,603,246     $ 991,815     $ 0     $ 248,112     $ 18,668,990  
2022
  $ 15,176,726     $ 5,426,726     $ 4,679,314     $ (1,463,864   $ (7,708,408   $ 0     $ 436,250     $ 5,693,292  
2021
  $ 16,282,195     $ 4,282,195     $ 4,919,129     $ 18,076,120     $ 2,089,618     $ 0     $ 940,429     $ 38,025,295  
2020
  $ 13,315,103     $ 2,565,103     $ 3,449,713     $ 28,334,454     $ (977,793   $ 0     $ 1,116,022     $ 42,672,395  
PEO SCT Total to CAP Reconciliation (Mr. Schlosstein)
 
2024
    N/A       —        —        —        —        —        —        —   
2023
    N/A       —        —        —        —        —        —        —   
2022
  $ 7,676,726     $ 5,426,726     $ 4,679,314     $ (1,463,864   $ (239,888   $ 0     $ 277,130     $ 5,502,692  
2021
  $ 10,282,195     $ 4,282,195     $ 4,919,129     $ 1,458,980     $ 220,209     $ 0     $ 243,469     $ 12,841,786  
2020
  $ 7,315,103     $ 2,565,103     $ 3,449,713     $ 2,159,351     $ 106,799     $ 0     $ 219,424     $ 10,685,288  
Average
Non-PEOs
SCT Total to CAP Reconciliation
 
2024
  $ 5,897,401     $ 2,677,216     $ 4,059,725     $ 8,164,859     $ 112,177     $ 0     $ 137,637     $ 15,694,583  
2023
  $ 4,241,797     $ 1,816,352     $ 2,284,145     $ 2,196,985     $ 347,395     $ (569,052   $ 99,958     $ 6,784,875  
2022
  $ 5,028,826     $ 2,571,521     $ 2,217,351     $ (759,806   $ (154,846   $ 0     $ 140,056     $ 3,900,059  
2021
  $ 5,443,744     $ 2,264,559     $ 2,535,885     $ 689,931     $ 90,370     $ 0     $ 114,774     $ 6,610,145  
2020
  $ 4,463,806     $ 1,817,682     $ 2,444,533     $ 1,008,564     $ 47,866     $ 0     $ 120,346     $ 6,267,435  
       
Non-PEO NEO Average Total Compensation Amount $ 5,897,401 $ 4,241,797 $ 5,028,826 $ 5,443,744 $ 4,463,806
Non-PEO NEO Average Compensation Actually Paid Amount $ 15,694,583 6,784,875 3,900,059 6,610,145 6,267,435
Adjustment to Non-PEO NEO Compensation Footnote
  (2)
SEC rules require certain
adjustments
be made to Summary Compensation Table
values
to determine Compensation Actually Paid, or CAP. The amounts reported as CAP to our PEOs and Average CAP to
Non-PEO
NEOs were calculated in accordance with Item 402(v) of Regulation
S-K,
as shown in the table below. NEOs do not participate in any defined benefit plan and as such, no adjustment for pension is included in the following table. The following table details adjustments made to calculate CAP.
 
         
Deduction
from SCT
Total
   
Additions (Deductions) to SCT Total
       
Year
 
SCT Total
   
Grant Date
Fair Value
of Equity
Awards
   
Fair Value
of Current
Year
Equity
Awards
Unvested at
FY End
   
Change in
Fair Value of
Prior Year
Equity
Awards
Unvested at
FY End
   
Change in
Fair Value of
Prior Year
Equity
Awards that
Vested in the
Year
   
Change in
Fair Value of
Prior Year
Equity
Awards
Forfeited in
the Year
   
Dividends on
Equity
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
   
CAP
 
PEO SCT Total to CAP Reconciliation (Mr. Weinberg)
 
2024
  $ 9,866,138     $ 3,241,138     $ 4,914,856     $ 5,192,581     $ 195,260     $ 0     $ 210,623     $ 17,138,320  
2023
  $ 12,965,491     $ 3,340,491     $ 4,200,817     $ 3,603,246     $ 991,815     $ 0     $ 248,112     $ 18,668,990  
2022
  $ 15,176,726     $ 5,426,726     $ 4,679,314     $ (1,463,864   $ (7,708,408   $ 0     $ 436,250     $ 5,693,292  
2021
  $ 16,282,195     $ 4,282,195     $ 4,919,129     $ 18,076,120     $ 2,089,618     $ 0     $ 940,429     $ 38,025,295  
2020
  $ 13,315,103     $ 2,565,103     $ 3,449,713     $ 28,334,454     $ (977,793   $ 0     $ 1,116,022     $ 42,672,395  
PEO SCT Total to CAP Reconciliation (Mr. Schlosstein)
 
2024
    N/A       —        —        —        —        —        —        —   
2023
    N/A       —        —        —        —        —        —        —   
2022
  $ 7,676,726     $ 5,426,726     $ 4,679,314     $ (1,463,864   $ (239,888   $ 0     $ 277,130     $ 5,502,692  
2021
  $ 10,282,195     $ 4,282,195     $ 4,919,129     $ 1,458,980     $ 220,209     $ 0     $ 243,469     $ 12,841,786  
2020
  $ 7,315,103     $ 2,565,103     $ 3,449,713     $ 2,159,351     $ 106,799     $ 0     $ 219,424     $ 10,685,288  
Average
Non-PEOs
SCT Total to CAP Reconciliation
 
2024
  $ 5,897,401     $ 2,677,216     $ 4,059,725     $ 8,164,859     $ 112,177     $ 0     $ 137,637     $ 15,694,583  
2023
  $ 4,241,797     $ 1,816,352     $ 2,284,145     $ 2,196,985     $ 347,395     $ (569,052   $ 99,958     $ 6,784,875  
2022
  $ 5,028,826     $ 2,571,521     $ 2,217,351     $ (759,806   $ (154,846   $ 0     $ 140,056     $ 3,900,059  
2021
  $ 5,443,744     $ 2,264,559     $ 2,535,885     $ 689,931     $ 90,370     $ 0     $ 114,774     $ 6,610,145  
2020
  $ 4,463,806     $ 1,817,682     $ 2,444,533     $ 1,008,564     $ 47,866     $ 0     $ 120,346     $ 6,267,435  
       
Compensation Actually Paid vs. Total Shareholder Return LOGO        
Compensation Actually Paid vs. Net Income LOGO        
Compensation Actually Paid vs. Company Selected Measure        
Total Shareholder Return Vs Peer Group LOGO        
Tabular List, Table
2024 Performance Measures
For 2024, none of our NEOs were paid pursuant to formulaic or other
pre-established
performance targets or personal compensation arrangements. Rather, incentive awards paid to our NEOs were determined in the discretion of the Compensation Committee after taking into account the Company’s performance along with the NEO’s individual contributions, the NEO’s promotion of and adherence to our Core Values, and other factors. In making its determinations, the Compensation Committee considered these factors in a holistic manner (including qualitative factors), without ascribing any specific weight to any single factor or metric. However, as required by the SEC rules, the performance measures identified in the tabular list below are the financial performance measures used by the Compensation Committee to link our NEOs’ 2024 compensation actually paid to performance:
 
 
 
Adjusted Net Revenues
 
 
 
Adjusted EPS
 
 
 
Adjusted Net Income
 
 
 
Adjusted Operating Margin
       
Total Shareholder Return Amount $ 417 253 158 192 152
Peer Group Total Shareholder Return Amount 174 133 119 133 98
Net Income (Loss) $ 378,000,000 $ 255,000,000 $ 477,000,000 $ 740,000,000 $ 351,000,000
Company Selected Measure Amount 3,003,000,000 2,449,000,000 2,786,000,000 3,317,000,000 2,327,000,000
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted Net Revenues        
Non-GAAP Measure Description Adjusted Net Revenues is a
non-GAAP
financial measure. See Annex A for further information and a reconciliation to U.S. GAAP amounts.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted EPS        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted Net Income        
Measure:: 4          
Pay vs Performance Disclosure          
Name Adjusted Operating Margin        
John S. Weinberg [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 9,866,138 $ 12,965,491 $ 15,176,726 $ 16,282,195 $ 13,315,103
PEO Actually Paid Compensation Amount $ 17,138,320 $ 18,668,990 5,693,292 38,025,295 42,672,395
PEO Name John S. Weinberg John S. Weinberg      
John S. Weinberg [Member] | Restricted Cash Award [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 35,000,000        
Ralph L. Schlosstein [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount     7,676,726 10,282,195 7,315,103
PEO Actually Paid Compensation Amount     $ 5,502,692 $ 12,841,786 $ 10,685,288
PEO Name     Ralph L. Schlosstein Ralph L. Schlosstein Ralph L. Schlosstein
PEO | John S. Weinberg [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,241,138) $ (3,340,491) $ (5,426,726) $ (4,282,195) $ (2,565,103)
PEO | John S. Weinberg [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,914,856 4,200,817 4,679,314 4,919,129 3,449,713
PEO | John S. Weinberg [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,192,581 3,603,246 (1,463,864) 18,076,120 28,334,454
PEO | John S. Weinberg [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 195,260 991,815 (7,708,408) 2,089,618 (977,793)
PEO | John S. Weinberg [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | John S. Weinberg [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 210,623 248,112 436,250 940,429 1,116,022
PEO | Ralph L. Schlosstein [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (5,426,726) (4,282,195) (2,565,103)
PEO | Ralph L. Schlosstein [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     4,679,314 4,919,129 3,449,713
PEO | Ralph L. Schlosstein [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (1,463,864) 1,458,980 2,159,351
PEO | Ralph L. Schlosstein [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (239,888) 220,209 106,799
PEO | Ralph L. Schlosstein [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     0 0 0
PEO | Ralph L. Schlosstein [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     277,130 243,469 219,424
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,677,216) (1,816,352) (2,571,521) (2,264,559) (1,817,682)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,059,725 2,284,145 2,217,351 2,535,885 2,444,533
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 8,164,859 2,196,985 (759,806) 689,931 1,008,564
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 112,177 347,395 (154,846) 90,370 47,866
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 (569,052) 0 0 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 137,637 $ 99,958 $ 140,056 $ 114,774 $ 120,346