vs

Side-by-side financial comparison of Evercore Inc. (EVR) and HERBALIFE LTD. (HLF). Click either name above to swap in a different company.

Evercore Inc. is the larger business by last-quarter revenue ($1.4B vs $1.3B, roughly 1.1× HERBALIFE LTD.). Evercore Inc. runs the higher net margin — 23.0% vs 6.7%, a 16.4% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (100.3% vs 6.3%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs 0.7%).

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.

Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...

EVR vs HLF — Head-to-Head

Bigger by revenue
EVR
EVR
1.1× larger
EVR
$1.4B
$1.3B
HLF
Growing faster (revenue YoY)
EVR
EVR
+94.0% gap
EVR
100.3%
6.3%
HLF
Higher net margin
EVR
EVR
16.4% more per $
EVR
23.0%
6.7%
HLF
Faster 2-yr revenue CAGR
EVR
EVR
Annualised
EVR
42.2%
0.7%
HLF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EVR
EVR
HLF
HLF
Revenue
$1.4B
$1.3B
Net Profit
$322.7M
$85.4M
Gross Margin
77.5%
Operating Margin
7.8%
Net Margin
23.0%
6.7%
Revenue YoY
100.3%
6.3%
Net Profit YoY
106.1%
-52.0%
EPS (diluted)
$7.20
$0.81

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.

Revenue
EVR
EVR
HLF
HLF
Q1 26
$1.4B
Q4 25
$1.3B
$1.3B
Q3 25
$1.0B
$1.3B
Q2 25
$838.0M
$1.3B
Q1 25
$699.0M
$1.2B
Q4 24
$979.5M
$1.2B
Q3 24
$738.4M
$1.2B
Q2 24
$693.4M
$1.3B
Net Profit
EVR
EVR
HLF
HLF
Q1 26
$322.7M
Q4 25
$204.0M
$85.4M
Q3 25
$144.6M
$43.2M
Q2 25
$97.2M
$49.3M
Q1 25
$146.2M
$50.4M
Q4 24
$140.4M
$177.9M
Q3 24
$78.4M
$47.4M
Q2 24
$73.8M
$4.7M
Gross Margin
EVR
EVR
HLF
HLF
Q1 26
Q4 25
77.5%
Q3 25
77.7%
Q2 25
78.0%
Q1 25
78.3%
Q4 24
77.8%
Q3 24
78.3%
Q2 24
77.9%
Operating Margin
EVR
EVR
HLF
HLF
Q1 26
Q4 25
24.2%
7.8%
Q3 25
20.8%
9.9%
Q2 25
18.0%
10.5%
Q1 25
16.0%
10.1%
Q4 24
21.8%
8.8%
Q3 24
16.7%
10.2%
Q2 24
15.9%
6.3%
Net Margin
EVR
EVR
HLF
HLF
Q1 26
23.0%
Q4 25
15.7%
6.7%
Q3 25
13.8%
3.4%
Q2 25
11.6%
3.9%
Q1 25
20.9%
4.1%
Q4 24
14.3%
14.7%
Q3 24
10.6%
3.8%
Q2 24
10.6%
0.4%
EPS (diluted)
EVR
EVR
HLF
HLF
Q1 26
$7.20
Q4 25
$4.80
$0.81
Q3 25
$3.41
$0.42
Q2 25
$2.36
$0.48
Q1 25
$3.48
$0.49
Q4 24
$3.32
$1.75
Q3 24
$1.86
$0.46
Q2 24
$1.81
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EVR
EVR
HLF
HLF
Cash + ST InvestmentsLiquidity on hand
$353.1M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$-515.1M
Total Assets
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVR
EVR
HLF
HLF
Q1 26
Q4 25
$3.0B
$353.1M
Q3 25
$2.4B
$305.5M
Q2 25
$1.7B
$320.9M
Q1 25
$1.4B
$329.4M
Q4 24
$2.4B
$415.3M
Q3 24
$1.8B
$402.5M
Q2 24
$1.7B
$374.0M
Total Debt
EVR
EVR
HLF
HLF
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
EVR
EVR
HLF
HLF
Q1 26
Q4 25
$2.0B
$-515.1M
Q3 25
$1.8B
$-612.0M
Q2 25
$1.7B
$-660.5M
Q1 25
$1.5B
$-736.0M
Q4 24
$1.7B
$-801.1M
Q3 24
$1.6B
$-954.2M
Q2 24
$1.5B
$-1.0B
Total Assets
EVR
EVR
HLF
HLF
Q1 26
Q4 25
$5.4B
$2.8B
Q3 25
$4.4B
$2.7B
Q2 25
$3.7B
$2.7B
Q1 25
$3.3B
$2.7B
Q4 24
$4.2B
$2.7B
Q3 24
$3.6B
$2.7B
Q2 24
$3.3B
$2.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EVR
EVR
HLF
HLF
Operating Cash FlowLast quarter
$98.3M
Free Cash FlowOCF − Capex
$79.8M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
1.15×
TTM Free Cash FlowTrailing 4 quarters
$252.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVR
EVR
HLF
HLF
Q1 26
Q4 25
$807.5M
$98.3M
Q3 25
$560.9M
$138.8M
Q2 25
$437.7M
$96.0M
Q1 25
$-549.7M
$200.0K
Q4 24
$686.4M
$69.6M
Q3 24
$234.5M
$99.5M
Q2 24
$348.5M
$102.5M
Free Cash Flow
EVR
EVR
HLF
HLF
Q1 26
Q4 25
$798.6M
$79.8M
Q3 25
$541.5M
$118.0M
Q2 25
$411.7M
$73.2M
Q1 25
$-569.3M
$-18.1M
Q4 24
$673.1M
$43.9M
Q3 24
$226.6M
$72.4M
Q2 24
$340.7M
$66.2M
FCF Margin
EVR
EVR
HLF
HLF
Q1 26
Q4 25
61.6%
6.2%
Q3 25
51.8%
9.3%
Q2 25
49.1%
5.8%
Q1 25
-81.4%
-1.5%
Q4 24
68.7%
3.6%
Q3 24
30.7%
5.8%
Q2 24
49.1%
5.2%
Capex Intensity
EVR
EVR
HLF
HLF
Q1 26
Q4 25
0.7%
1.4%
Q3 25
1.9%
1.6%
Q2 25
3.1%
1.8%
Q1 25
2.8%
1.5%
Q4 24
1.4%
2.1%
Q3 24
1.1%
2.2%
Q2 24
1.1%
2.8%
Cash Conversion
EVR
EVR
HLF
HLF
Q1 26
Q4 25
3.96×
1.15×
Q3 25
3.88×
3.21×
Q2 25
4.50×
1.95×
Q1 25
-3.76×
0.00×
Q4 24
4.89×
0.39×
Q3 24
2.99×
2.10×
Q2 24
4.72×
21.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EVR
EVR

Advisory Fees (1)$1.2B89%
Commissions and Related Revenue$62.7M4%
Underwriting Fees$55.1M4%
Asset Management and Administration Fees (2)$23.7M2%
Other Revenue, net$15.4M1%

HLF
HLF

Others$514.4M40%
Other$300.0M23%
IN$250.3M20%
MX$147.2M11%
VN$71.1M6%

Related Comparisons