← Moelis & Co
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $613.4m | $684.6m | $885.8m | $746.5m | $943.3m | $1.5b | $985.3m | $854.7m | $1.2b | $1.5b | |
| Operating Expenses | $452.3m | $520.3m | $659.1m | $632.0m | $677.6m | $1.0b | $769.2m | $895.1m | $1.0b | $1.2b | |
| Operating Income (Loss) | $161.1m | $164.3m | $226.8m | $114.5m | $265.7m | $495.9m | $216.1m | ($40.4m) | $172.9m | $273.9m | |
| Additional Financial Items | |||||||||||
| Depreciation, Depletion and Amortization, Nonproduction | $3.2m | $3.5m | $4.6m | $5.0m | $4.7m | $7.2m | $8.0m | $8.3m | $10.4m | $11.9m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | $30.1m | $2.9m | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $172.4m | $279.0m | $237.9m | $157.0m | $264.0m | $468.7m | $164.6m | ($24.3m) | $186.0m | $336.4m | |
| Income (Loss) from Equity Method Investments | $5.1m | $8.3m | $7.2m | — | — | — | — | — | — | — | |
| Compensation and benefits | $360.9m | $401.4m | $513.9m | $488.4m | $560.8m | $913.9m | $618.2m | $714.7m | $830.2m | $1.0b | |
| Occupancy | $18.7m | $17.1m | $19.0m | $20.2m | $30.0m | $26.5m | $24.2m | $28.6m | $29.9m | $35.2m | |
| Professional fees | $12.6m | $20.0m | $25.3m | $19.2m | $18.4m | $21.8m | $21.0m | $32.8m | $27.1m | $29.8m | |
| Communication, technology and information services | $22.0m | $25.2m | $29.7m | $31.6m | $32.2m | $35.4m | $39.3m | $46.0m | $50.6m | $56.9m | |
| Depreciation and amortization | $3.2m | $3.5m | $4.6m | $5.0m | $4.7m | $7.2m | $8.0m | $8.3m | $10.4m | $11.9m | |
| Income (loss) before income taxes | $166.7m | $350.4m | $238.5m | $147.5m | $270.1m | $536.3m | $216.3m | ($29.1m) | $196.0m | $327.5m | |
| Provision (benefit) for income taxes | $24.8m | $223.8m | $30.4m | $11.8m | $51.7m | $113.3m | $47.6m | ($1.6m) | $44.5m | $67.9m | |
| Basic (in shares) | $20.9m | $30.6m | $43.2m | $50.4m | $56.6m | $63.1m | $65.8m | $68.5m | $71.9m | $75.0m | |
| Diluted (in shares) | $24.2m | $37.7m | $50.7m | $55.5m | $60.7m | $68.4m | $70.3m | $68.5m | $76.6m | $79.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $166.7m | $350.4m | $238.5m | $147.5m | $270.1m | $536.3m | $216.3m | ($29.1m) | $196.0m | $327.5m | |
| Net income (loss) per share attributable to holders of shares of Class A common stock | |||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $38.4m | $29.4m | $140.7m | $105.1m | $178.8m | $365.2m | $150.3m | ($24.7m) | $136.0m | $233.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $103.5m | $97.1m | $67.3m | $30.6m | $39.6m | $57.8m | $18.3m | ($2.8m) | $15.5m | $26.6m | |
| Net income (loss) attributable to noncontrolling interests | $103.5m | $97.1m | $67.3m | $30.6m | $39.6m | $57.8m | $18.3m | ($2.8m) | $15.5m | $26.6m | |
| Diluted (in dollars per share) | $1.58 | $0.78 | $2.78 | $1.89 | $2.95 | $5.34 | $2.14 | ($0.36) | $1.78 | $2.94 | |
| Nonoperating Income (Expense) | $509k | $177.7m | $4.5m | $33.0m | $4.4m | $40.4m | $220k | $11.2m | $23.1m | $53.6m | |
| Other Expenses | $14.3m | $22.5m | $24.3m | $26.1m | $18.6m | $24.4m | $26.1m | $27.6m | $33.4m | $34.5m | |
| Travel and related expenses | $20.6m | $30.6m | $42.3m | $41.5m | $12.8m | $15.4m | $32.4m | $37.0m | $40.1m | $57.7m | |
| Other income and (expenses) | $509k | $177.7m | $4.5m | $33.0m | $4.4m | $40.4m | $220k | $11.2m | $23.1m | $53.6m | |
| Current Income Tax Expense (Benefit) | $25.8m | $32.1m | $23.6m | $8.1m | $12.7m | $90.5m | $20.9m | — | — | — | |
| Interest Income (Expense), Net | — | — | $653k | $990k | $748k | — | — | — | — | — | |
| Total expenses | $452.3m | $520.3m | $659.1m | $632.0m | $677.6m | $1.0b | $769.2m | $895.1m | $1.0b | $1.2b | |
| Income Tax Expense (Benefit) | $24.8m | $223.8m | $30.4m | $11.8m | $51.7m | $113.3m | $47.6m | ($1.6m) | $44.5m | $67.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.