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Side-by-side financial comparison of Evercore Inc. (EVR) and WATSCO INC (WSO). Click either name above to swap in a different company.
WATSCO INC is the larger business by last-quarter revenue ($1.5B vs $1.4B, roughly 1.1× Evercore Inc.). Evercore Inc. runs the higher net margin — 23.0% vs 6.1%, a 17.0% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (100.3% vs 0.1%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs -15.3%).
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.
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
EVR vs WSO — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $1.4B | $1.5B |
| Net Profit | $322.7M | $92.9M |
| Gross Margin | — | 27.9% |
| Operating Margin | — | 7.2% |
| Net Margin | 23.0% | 6.1% |
| Revenue YoY | 100.3% | 0.1% |
| Net Profit YoY | 106.1% | -1.7% |
| EPS (diluted) | $7.20 | — |
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 | $1.5B | ||
| Q4 25 | $1.3B | $1.6B | ||
| Q3 25 | $1.0B | $2.1B | ||
| Q2 25 | $838.0M | $2.1B | ||
| Q1 25 | $699.0M | $1.5B | ||
| Q4 24 | $979.5M | $1.8B | ||
| Q3 24 | $738.4M | $2.2B | ||
| Q2 24 | $693.4M | $2.1B |
| Q1 26 | $322.7M | $92.9M | ||
| Q4 25 | $204.0M | $71.7M | ||
| Q3 25 | $144.6M | $161.6M | ||
| Q2 25 | $97.2M | $183.6M | ||
| Q1 25 | $146.2M | $80.1M | ||
| Q4 24 | $140.4M | $96.8M | ||
| Q3 24 | $78.4M | $171.0M | ||
| Q2 24 | $73.8M | $181.4M |
| Q1 26 | — | 27.9% | ||
| Q4 25 | — | 27.1% | ||
| Q3 25 | — | 27.5% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 28.1% | ||
| Q4 24 | — | 26.7% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 27.1% |
| Q1 26 | — | 7.2% | ||
| Q4 25 | 24.2% | 6.4% | ||
| Q3 25 | 20.8% | 11.4% | ||
| Q2 25 | 18.0% | 13.2% | ||
| Q1 25 | 16.0% | 7.3% | ||
| Q4 24 | 21.8% | 7.8% | ||
| Q3 24 | 16.7% | 11.6% | ||
| Q2 24 | 15.9% | 12.6% |
| Q1 26 | 23.0% | 6.1% | ||
| Q4 25 | 15.7% | 4.5% | ||
| Q3 25 | 13.8% | 7.8% | ||
| Q2 25 | 11.6% | 8.9% | ||
| Q1 25 | 20.9% | 5.2% | ||
| Q4 24 | 14.3% | 5.5% | ||
| Q3 24 | 10.6% | 7.9% | ||
| Q2 24 | 10.6% | 8.5% |
| Q1 26 | $7.20 | — | ||
| Q4 25 | $4.80 | $1.82 | ||
| Q3 25 | $3.41 | $3.98 | ||
| Q2 25 | $2.36 | $4.52 | ||
| Q1 25 | $3.48 | $1.93 | ||
| Q4 24 | $3.32 | $2.42 | ||
| Q3 24 | $1.86 | $4.22 | ||
| Q2 24 | $1.81 | $4.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $392.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $3.2B |
| Total Assets | — | $4.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $392.7M | ||
| Q4 25 | $3.0B | $733.3M | ||
| Q3 25 | $2.4B | $524.3M | ||
| Q2 25 | $1.7B | $293.0M | ||
| Q1 25 | $1.4B | $431.8M | ||
| Q4 24 | $2.4B | $781.9M | ||
| Q3 24 | $1.8B | $550.0M | ||
| Q2 24 | $1.7B | $424.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $361.6M | ||
| Q3 25 | — | $340.8M | ||
| Q2 25 | — | $338.7M | ||
| Q1 25 | — | $346.4M | ||
| Q4 24 | — | $337.2M | ||
| Q3 24 | — | $321.0M | ||
| Q2 24 | — | $307.1M |
| Q1 26 | — | $3.2B | ||
| Q4 25 | $2.0B | $2.8B | ||
| Q3 25 | $1.8B | $2.8B | ||
| Q2 25 | $1.7B | $2.8B | ||
| Q1 25 | $1.5B | $2.7B | ||
| Q4 24 | $1.7B | $2.7B | ||
| Q3 24 | $1.6B | $2.7B | ||
| Q2 24 | $1.5B | $2.6B |
| Q1 26 | — | $4.6B | ||
| Q4 25 | $5.4B | $4.4B | ||
| Q3 25 | $4.4B | $4.6B | ||
| Q2 25 | $3.7B | $4.7B | ||
| Q1 25 | $3.3B | $4.5B | ||
| Q4 24 | $4.2B | $4.5B | ||
| Q3 24 | $3.6B | $4.5B | ||
| Q2 24 | $3.3B | $4.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.12× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× |
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% |
WSO
Segment breakdown not available.