Moelis & Company operates as an investment banking advisory company in North and South America, Europe, the Middle East, Asia, and Australia. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters, as well as strategic advisory, capital markets, capital structure advisory, and private capital advisory. The company serves public multinational corporations, middle market private companies, financial sponsors, entrepreneurs, governments, and sovereign wealth funds clients. Moelis & Company was founded in 2007 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.5B | $286M | $233M | $540M | 41.0% | 27.0% | 71.3% |
| 2024 | $1.2B | $183M | $136M | $415M | 30.8% | 39.8% | -650.7% |
| 2023 | $855M | $-32M | $-25M | $142M | -7.0% | -13.2% | -116.4% |
| 2022 | $985M | $224M | $150M | $27M | 33.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 985.30 | 854.75 | 1,194.54 | 1,516.80 |
| Cost Of Revenue | 618.20 | 714.75 | 830.15 | 1,017.08 |
| Gross Profit | 367.10 | 140 | 364.39 | 499.72 |
| Operating Expense | 151 | 180.35 | 191.45 | 225.86 |
| Operating Income | 216.10 | -40.35 | 172.94 | 273.86 |
| EBITDA | 224.08 | -32.03 | 183.39 | 285.74 |
| EBIT | 216.10 | -40.35 | 172.94 | 273.86 |
| Pretax Income | 216.32 | -29.15 | 196.01 | 327.47 |
| Tax Provision | 47.64 | -1.63 | 44.52 | 67.85 |
| Net Income | 150.34 | -24.70 | 136.02 | 233.04 |
| Net Income Common Stockholders | 150.34 | -24.70 | 136.02 | 233.04 |
| Total Expenses | 769.20 | 895.10 | 1,021.60 | 1,242.93 |
| Selling General And Administration | 84.52 | 107.38 | 107.54 | 121.79 |
| Normalized EBITDA | 224.08 | -32.03 | 183.39 | 285.74 |
| Normalized Income | 150.34 | -24.70 | 136.02 | 233.04 |
| Market Cap | 4,999.64 | 4,999.64 | 4,999.64 | 4,999.64 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Moelis & Companythis co. | MC | $5.1B | 21.45β premium | 8.80 | 41.0% | 16.65 |
| Victory Capital Holdings, Inc. | VCTR | $5.9B | 14.11 | 1.92 | 13.6% | 9.48 |
| Axos Financial, Inc. | AX | $5.4B | 12.50 | 2.02 | 16.1% | - |
| Mercury General Corporation | MCY | $5.3B | 9.88 | 2.21 | 22.4% | - |
| HA Sustainable Infrastructure Capital, Inc. | HASI | $5.2B |
| 28.91 |
| 2.07 |
| 7.2% |
| - |
| Atlantic Union Bankshares Corporation | AUB | $5.0B | 19.55 | 1.07 | 5.5% | - |
| Radian Group Inc. | RDN | $5.0B | 8.33 | 1.01 | 12.2% | - |
| Virtu Financial, Inc. | VIRT | $4.4B | 8.97 | 2.66 | 29.6% | 6.10 |
| ServisFirst Bancshares, Inc. | SFBS | $4.3B | 15.65 | 2.34 | 15.0% | - |
| Peer Median | - | 13.31 | 2.05 | 14.3% | 7.79 | |