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Side-by-side financial comparison of Evercore Inc. (EVR) and Global Business Travel Group, Inc. (GBTG). Click either name above to swap in a different company.
Evercore Inc. is the larger business by last-quarter revenue ($1.4B vs $792.0M, roughly 1.8× Global Business Travel Group, Inc.). Evercore Inc. runs the higher net margin — 23.0% vs 10.5%, a 12.5% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (100.3% vs 34.0%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs 13.9%).
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.
A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs. Such companies will often provide an end-user online booking tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, duty of care, and more. Non-Profit travel management companies also provide services to manage complex visa requirements, pre-trip medical needs, remote area travel, ...
EVR vs GBTG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $792.0M |
| Net Profit | $322.7M | $83.0M |
| Gross Margin | — | — |
| Operating Margin | — | 3.7% |
| Net Margin | 23.0% | 10.5% |
| Revenue YoY | 100.3% | 34.0% |
| Net Profit YoY | 106.1% | 692.9% |
| EPS (diluted) | $7.20 | $0.16 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.3B | $792.0M | ||
| Q3 25 | $1.0B | $674.0M | ||
| Q2 25 | $838.0M | $631.0M | ||
| Q1 25 | $699.0M | $621.0M | ||
| Q4 24 | $979.5M | $591.0M | ||
| Q3 24 | $738.4M | $597.0M | ||
| Q2 24 | $693.4M | $625.0M |
| Q1 26 | $322.7M | — | ||
| Q4 25 | $204.0M | $83.0M | ||
| Q3 25 | $144.6M | $-62.0M | ||
| Q2 25 | $97.2M | $15.0M | ||
| Q1 25 | $146.2M | $75.0M | ||
| Q4 24 | $140.4M | $-14.0M | ||
| Q3 24 | $78.4M | $-128.0M | ||
| Q2 24 | $73.8M | $27.0M |
| Q1 26 | — | — | ||
| Q4 25 | 24.2% | 3.7% | ||
| Q3 25 | 20.8% | 1.8% | ||
| Q2 25 | 18.0% | 5.4% | ||
| Q1 25 | 16.0% | 8.9% | ||
| Q4 24 | 21.8% | 5.1% | ||
| Q3 24 | 16.7% | 4.5% | ||
| Q2 24 | 15.9% | 6.7% |
| Q1 26 | 23.0% | — | ||
| Q4 25 | 15.7% | 10.5% | ||
| Q3 25 | 13.8% | -9.2% | ||
| Q2 25 | 11.6% | 2.4% | ||
| Q1 25 | 20.9% | 12.1% | ||
| Q4 24 | 14.3% | -2.4% | ||
| Q3 24 | 10.6% | -21.4% | ||
| Q2 24 | 10.6% | 4.3% |
| Q1 26 | $7.20 | — | ||
| Q4 25 | $4.80 | $0.16 | ||
| Q3 25 | $3.41 | $-0.13 | ||
| Q2 25 | $2.36 | $0.03 | ||
| Q1 25 | $3.48 | $0.16 | ||
| Q4 24 | $3.32 | $-0.04 | ||
| Q3 24 | $1.86 | $-0.28 | ||
| Q2 24 | $1.81 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $434.0M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | — | $1.6B |
| Total Assets | — | $4.9B |
| Debt / EquityLower = less leverage | — | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $434.0M | ||
| Q3 25 | $2.4B | $427.0M | ||
| Q2 25 | $1.7B | $601.0M | ||
| Q1 25 | $1.4B | $552.0M | ||
| Q4 24 | $2.4B | $536.0M | ||
| Q3 24 | $1.8B | $524.0M | ||
| Q2 24 | $1.7B | $515.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $1.8B | $1.5B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.7B | $1.1B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.5B | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | $5.4B | $4.9B | ||
| Q3 25 | $4.4B | $4.8B | ||
| Q2 25 | $3.7B | $3.9B | ||
| Q1 25 | $3.3B | $3.8B | ||
| Q4 24 | $4.2B | $3.6B | ||
| Q3 24 | $3.6B | $3.8B | ||
| Q2 24 | $3.3B | $3.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.88× | ||
| Q3 25 | — | 0.91× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.32× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $52.0M |
| Free Cash FlowOCF − Capex | — | $13.0M |
| FCF MarginFCF / Revenue | — | 1.6% |
| Capex IntensityCapex / Revenue | — | 4.9% |
| Cash ConversionOCF / Net Profit | — | 0.63× |
| TTM Free Cash FlowTrailing 4 quarters | — | $104.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $807.5M | $52.0M | ||
| Q3 25 | $560.9M | $71.0M | ||
| Q2 25 | $437.7M | $57.0M | ||
| Q1 25 | $-549.7M | $53.0M | ||
| Q4 24 | $686.4M | $65.0M | ||
| Q3 24 | $234.5M | $85.0M | ||
| Q2 24 | $348.5M | $73.0M |
| Q1 26 | — | — | ||
| Q4 25 | $798.6M | $13.0M | ||
| Q3 25 | $541.5M | $38.0M | ||
| Q2 25 | $411.7M | $27.0M | ||
| Q1 25 | $-569.3M | $26.0M | ||
| Q4 24 | $673.1M | $33.0M | ||
| Q3 24 | $226.6M | $59.0M | ||
| Q2 24 | $340.7M | $49.0M |
| Q1 26 | — | — | ||
| Q4 25 | 61.6% | 1.6% | ||
| Q3 25 | 51.8% | 5.6% | ||
| Q2 25 | 49.1% | 4.3% | ||
| Q1 25 | -81.4% | 4.2% | ||
| Q4 24 | 68.7% | 5.6% | ||
| Q3 24 | 30.7% | 9.9% | ||
| Q2 24 | 49.1% | 7.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | 4.9% | ||
| Q3 25 | 1.9% | 4.9% | ||
| Q2 25 | 3.1% | 4.8% | ||
| Q1 25 | 2.8% | 4.3% | ||
| Q4 24 | 1.4% | 5.4% | ||
| Q3 24 | 1.1% | 4.4% | ||
| Q2 24 | 1.1% | 3.8% |
| Q1 26 | — | — | ||
| Q4 25 | 3.96× | 0.63× | ||
| Q3 25 | 3.88× | — | ||
| Q2 25 | 4.50× | 3.80× | ||
| Q1 25 | -3.76× | 0.71× | ||
| Q4 24 | 4.89× | — | ||
| Q3 24 | 2.99× | — | ||
| Q2 24 | 4.72× | 2.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EVR
| Advisory Fees (1) | $1.2B | 89% |
| Commissions and Related Revenue | $62.7M | 4% |
| Underwriting Fees | $55.1M | 4% |
| Asset Management and Administration Fees (2) | $23.7M | 2% |
| Other Revenue, net | $15.4M | 1% |
GBTG
| Travel | $620.0M | 78% |
| Other | $172.0M | 22% |
