Business Highlights and Growth Opportunities
U.S. GAAP Reconciliation to Adjusted Results (Unaudited)
Advisory Revenue & Net Revenues
Advisory Revenue - U.S. GAAP
Income from Equity Method Investments (1)
Advisory Revenue - Adjusted
Net Revenues - U.S. GAAP
Income from Equity Method Investments (1)
Interest Expense on Debt (2)
Gain on Sale of Interests in ABS (3)
Gain on Redemption of G5 Debt Security (4)
Mexico Transition - Net Loss on Sale of ECB Businesses (5)
Mexico Transition - Release of Foreign Exchange Losses (6)
Gain on Sale of Institutional Trust and Independent Fiduciary Business of ETC (7)
Foreign Exchange Losses from G5 Transaction (8)
Adjustment to Tax Receivable Agreement Liability (10)
Net Revenues - Adjusted
(dollars in thousands)
LTM
Q3 2023
2022
2021
Twelve Months Ended December 31,
2020
2019
2018
2017
$ 2,008,476
622
$ 2,009,098
$ 2,392,990
1,217
$ 2,394,207
$ 2,751,992
1,337
$ 2,753,329
$1,755,273
1,546
$1,756,819
S
1,653,585
S
916
S
1,654,501
$
1,743,473
518
1,743,991
$ 1,324,412
277
$ 1,324,689
$ 2,473,122
5,860
16,690
$ 2,762,048
7,999
$ 3,289,499
$2,263,905 S
2,008,698
S
2,064,705
$ 1,704,349
14,161
14,398
16,850
17,586
18,197
10,996
12,917
9,294
9,201
8,838
9,960
(1,294)
(4,374)
3,441
27,365
(7,808)
16,266
(77,535)
$ 2,495,672
$ 2,785,603
$ 3,316,872
$2,327,306
S 2,032,611
$
2,083,200
$ 1,654,070
EVERCORE
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