vs
Side-by-side financial comparison of Evercore Inc. (EVR) and Norwegian Cruise Line Holdings (NCLH). Click either name above to swap in a different company.
Norwegian Cruise Line Holdings is the larger business by last-quarter revenue ($2.2B vs $1.4B, roughly 1.6× Evercore Inc.). Evercore Inc. runs the higher net margin — 23.0% vs 0.6%, a 22.4% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (100.3% vs 6.4%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs 1.2%).
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.
Norwegian Cruise Line (NCL) is an American cruise line founded in Norway in 1966, headquartered in Miami-Dade County, Florida, and incorporated in the Bahamas. It is the fourth-largest cruise line in the world by passengers, controlling about 8.6% of the total worldwide share of the cruise market by passengers as of 2021. It is wholly owned by parent company Norwegian Cruise Line Holdings.
EVR vs NCLH — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.2B |
| Net Profit | $322.7M | $14.3M |
| Gross Margin | — | 41.0% |
| Operating Margin | — | 8.3% |
| Net Margin | 23.0% | 0.6% |
| Revenue YoY | 100.3% | 6.4% |
| Net Profit YoY | 106.1% | -94.4% |
| EPS (diluted) | $7.20 | $0.08 |
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 | $2.2B | ||
| Q3 25 | $1.0B | $2.9B | ||
| Q2 25 | $838.0M | $2.5B | ||
| Q1 25 | $699.0M | $2.1B | ||
| Q4 24 | $979.5M | $2.1B | ||
| Q3 24 | $738.4M | $2.8B | ||
| Q2 24 | $693.4M | $2.4B |
| Q1 26 | $322.7M | — | ||
| Q4 25 | $204.0M | $14.3M | ||
| Q3 25 | $144.6M | $419.3M | ||
| Q2 25 | $97.2M | $30.0M | ||
| Q1 25 | $146.2M | $-40.3M | ||
| Q4 24 | $140.4M | $254.5M | ||
| Q3 24 | $78.4M | $474.9M | ||
| Q2 24 | $73.8M | $163.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 41.0% | ||
| Q3 25 | — | 47.1% | ||
| Q2 25 | — | 42.1% | ||
| Q1 25 | — | 38.7% | ||
| Q4 24 | — | 38.0% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 38.7% |
| Q1 26 | — | — | ||
| Q4 25 | 24.2% | 8.3% | ||
| Q3 25 | 20.8% | 25.5% | ||
| Q2 25 | 18.0% | 16.8% | ||
| Q1 25 | 16.0% | 9.4% | ||
| Q4 24 | 21.8% | 10.2% | ||
| Q3 24 | 16.7% | 24.6% | ||
| Q2 24 | 15.9% | 14.4% |
| Q1 26 | 23.0% | — | ||
| Q4 25 | 15.7% | 0.6% | ||
| Q3 25 | 13.8% | 14.3% | ||
| Q2 25 | 11.6% | 1.2% | ||
| Q1 25 | 20.9% | -1.9% | ||
| Q4 24 | 14.3% | 12.1% | ||
| Q3 24 | 10.6% | 16.9% | ||
| Q2 24 | 10.6% | 6.9% |
| Q1 26 | $7.20 | — | ||
| Q4 25 | $4.80 | $0.08 | ||
| Q3 25 | $3.41 | $0.86 | ||
| Q2 25 | $2.36 | $0.07 | ||
| Q1 25 | $3.48 | $-0.09 | ||
| Q4 24 | $3.32 | $0.55 | ||
| Q3 24 | $1.86 | $0.95 | ||
| Q2 24 | $1.81 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $209.9M |
| Total DebtLower is stronger | — | $13.7B |
| Stockholders' EquityBook value | — | $2.2B |
| Total Assets | — | $22.5B |
| Debt / EquityLower = less leverage | — | 6.21× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $209.9M | ||
| Q3 25 | $2.4B | $166.8M | ||
| Q2 25 | $1.7B | $184.0M | ||
| Q1 25 | $1.4B | $184.4M | ||
| Q4 24 | $2.4B | $190.8M | ||
| Q3 24 | $1.8B | $332.5M | ||
| Q2 24 | $1.7B | $594.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $13.7B | ||
| Q3 25 | — | $13.6B | ||
| Q2 25 | — | $12.6B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | — | $11.8B | ||
| Q3 24 | — | $11.8B | ||
| Q2 24 | — | $11.9B |
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $2.2B | ||
| Q3 25 | $1.8B | $2.2B | ||
| Q2 25 | $1.7B | $1.6B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.5B | $693.1M |
| Q1 26 | — | — | ||
| Q4 25 | $5.4B | $22.5B | ||
| Q3 25 | $4.4B | $22.2B | ||
| Q2 25 | $3.7B | $21.6B | ||
| Q1 25 | $3.3B | $21.4B | ||
| Q4 24 | $4.2B | $20.0B | ||
| Q3 24 | $3.6B | $19.8B | ||
| Q2 24 | $3.3B | $20.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.21× | ||
| Q3 25 | — | 6.22× | ||
| Q2 25 | — | 8.05× | ||
| Q1 25 | — | 9.09× | ||
| Q4 24 | — | 8.26× | ||
| Q3 24 | — | 10.35× | ||
| Q2 24 | — | 17.19× |
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 | — | $459.1M |
| Free Cash FlowOCF − Capex | — | $21.5M |
| FCF MarginFCF / Revenue | — | 1.0% |
| Capex IntensityCapex / Revenue | — | 19.5% |
| Cash ConversionOCF / Net Profit | — | 32.21× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $807.5M | $459.1M | ||
| Q3 25 | $560.9M | $236.6M | ||
| Q2 25 | $437.7M | $714.9M | ||
| Q1 25 | $-549.7M | $679.2M | ||
| Q4 24 | $686.4M | $399.3M | ||
| Q3 24 | $234.5M | $172.5M | ||
| Q2 24 | $348.5M | $670.9M |
| Q1 26 | — | — | ||
| Q4 25 | $798.6M | $21.5M | ||
| Q3 25 | $541.5M | $-726.5M | ||
| Q2 25 | $411.7M | $381.2M | ||
| Q1 25 | $-569.3M | $-846.0M | ||
| Q4 24 | $673.1M | $155.8M | ||
| Q3 24 | $226.6M | $-195.5M | ||
| Q2 24 | $340.7M | $330.2M |
| Q1 26 | — | — | ||
| Q4 25 | 61.6% | 1.0% | ||
| Q3 25 | 51.8% | -24.7% | ||
| Q2 25 | 49.1% | 15.1% | ||
| Q1 25 | -81.4% | -39.8% | ||
| Q4 24 | 68.7% | 7.4% | ||
| Q3 24 | 30.7% | -7.0% | ||
| Q2 24 | 49.1% | 13.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | 19.5% | ||
| Q3 25 | 1.9% | 32.8% | ||
| Q2 25 | 3.1% | 13.3% | ||
| Q1 25 | 2.8% | 71.7% | ||
| Q4 24 | 1.4% | 11.5% | ||
| Q3 24 | 1.1% | 13.1% | ||
| Q2 24 | 1.1% | 14.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.96× | 32.21× | ||
| Q3 25 | 3.88× | 0.56× | ||
| Q2 25 | 4.50× | 23.83× | ||
| Q1 25 | -3.76× | — | ||
| Q4 24 | 4.89× | 1.57× | ||
| Q3 24 | 2.99× | 0.36× | ||
| Q2 24 | 4.72× | 4.10× |
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% |
NCLH
| Passenger | $1.5B | 67% |
| Onboard And Other | $734.4M | 33% |
