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Evercore Inc.（EVR）与罗塞塔石碑（STEP）财务数据对比。点击上方公司名可切换其他公司
Evercore Inc.的季度营收约是罗塞塔石碑的2.2倍（$1.3B vs $586.5M）。Evercore Inc.净利率更高（15.7% vs -21.0%，领先36.8%）。罗塞塔石碑同比增速更快（73.0% vs 32.4%）。Evercore Inc.自由现金流更多（$798.6M vs $26.7M）。过去两年Evercore Inc.的营收复合增速更高（48.9% vs 28.2%）
Evercore Inc.（前称Evercore Partners）是1995年由罗杰·奥尔特曼、大卫·奥芬森德、奥斯汀·博伊特纳联合创立的全球独立投资银行咨询机构。成立至今，公司已为总规模超4.7万亿美元的并购、重组交易提供专业咨询服务，在全球投行业务领域拥有较高声誉。
罗塞塔石碑是美国教育科技软件企业，开发语言学习、读写能力提升及脑训练类软件，旗下语言学习产品知名度极高。2013年公司收购Livemocha、Lexia Learning等品牌拓展教育科技业务矩阵，2021年正式成为IXL Learning的子公司。
EVR vs STEP — 直观对比
营收规模更大
EVR
是对方的2.2倍
$586.5M
营收增速更快
STEP
高出40.6%
32.4%
净利率更高
EVR
高出36.8%
-21.0%
自由现金流更多
EVR
多$771.9M
$26.7M
两年增速更快
EVR
近两年复合增速
28.2%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $586.5M |
| 净利润 | $204.0M | $-123.5M |
| 毛利率 | — | — |
| 营业利润率 | 24.2% | -33.2% |
| 净利率 | 15.7% | -21.0% |
| 营收同比 | 32.4% | 73.0% |
| 净利润同比 | 45.2% | 35.7% |
| 每股收益（稀释后） | $4.80 | $-1.55 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收EVRSTEP
| Q4 25 | $1.3B | $586.5M | ||
| Q3 25 | $1.0B | $454.2M | ||
| Q2 25 | $838.0M | $364.3M | ||
| Q1 25 | $699.0M | $377.7M | ||
| Q4 24 | $979.5M | $339.0M | ||
| Q3 24 | $738.4M | $271.7M | ||
| Q2 24 | $693.4M | $186.4M | ||
| Q1 24 | $585.0M | $356.8M |
净利润EVRSTEP
| Q4 25 | $204.0M | $-123.5M | ||
| Q3 25 | $144.6M | $-366.1M | ||
| Q2 25 | $97.2M | $-38.4M | ||
| Q1 25 | $146.2M | $-18.5M | ||
| Q4 24 | $140.4M | $-192.0M | ||
| Q3 24 | $78.4M | $17.6M | ||
| Q2 24 | $73.8M | $13.3M | ||
| Q1 24 | $85.7M | $30.8M |
营业利润率EVRSTEP
| Q4 25 | 24.2% | -33.2% | ||
| Q3 25 | 20.8% | -148.8% | ||
| Q2 25 | 18.0% | -5.6% | ||
| Q1 25 | 16.0% | 2.6% | ||
| Q4 24 | 21.8% | -101.7% | ||
| Q3 24 | 16.7% | 21.3% | ||
| Q2 24 | 15.9% | 29.4% | ||
| Q1 24 | 14.8% | 26.5% |
净利率EVRSTEP
| Q4 25 | 15.7% | -21.0% | ||
| Q3 25 | 13.8% | -80.6% | ||
| Q2 25 | 11.6% | -10.5% | ||
| Q1 25 | 20.9% | -4.9% | ||
| Q4 24 | 14.3% | -56.6% | ||
| Q3 24 | 10.6% | 6.5% | ||
| Q2 24 | 10.6% | 7.2% | ||
| Q1 24 | 14.6% | 8.6% |
每股收益（稀释后）EVRSTEP
| Q4 25 | $4.80 | $-1.55 | ||
| Q3 25 | $3.41 | $-4.66 | ||
| Q2 25 | $2.36 | $-0.49 | ||
| Q1 25 | $3.48 | $-0.37 | ||
| Q4 24 | $3.32 | $-2.61 | ||
| Q3 24 | $1.86 | $0.26 | ||
| Q2 24 | $1.81 | $0.20 | ||
| Q1 24 | $2.09 | $0.47 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $3.0B | — |
| 总债务越低越好 | — | $270.2M |
| 股东权益账面价值 | $2.0B | $-378.8M |
| 总资产 | $5.4B | $5.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资EVRSTEP
| Q4 25 | $3.0B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.4B | — |
总债务EVRSTEP
| Q4 25 | — | $270.2M | ||
| Q3 25 | — | $269.9M | ||
| Q2 25 | — | $269.6M | ||
| Q1 25 | — | $269.3M | ||
| Q4 24 | — | $168.9M | ||
| Q3 24 | — | $172.3M | ||
| Q2 24 | — | $172.1M | ||
| Q1 24 | — | $148.8M |
股东权益EVRSTEP
| Q4 25 | $2.0B | $-378.8M | ||
| Q3 25 | $1.8B | $-233.5M | ||
| Q2 25 | $1.7B | $153.9M | ||
| Q1 25 | $1.5B | $179.4M | ||
| Q4 24 | $1.7B | $209.8M | ||
| Q3 24 | $1.6B | $397.5M | ||
| Q2 24 | $1.5B | $366.9M | ||
| Q1 24 | $1.4B | $324.5M |
总资产EVRSTEP
| Q4 25 | $5.4B | $5.2B | ||
| Q3 25 | $4.4B | $5.3B | ||
| Q2 25 | $3.7B | $4.8B | ||
| Q1 25 | $3.3B | $4.6B | ||
| Q4 24 | $4.2B | $4.3B | ||
| Q3 24 | $3.6B | $4.0B | ||
| Q2 24 | $3.3B | $3.8B | ||
| Q1 24 | $3.0B | $3.8B |
负债/权益比EVRSTEP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | — | 0.81× | ||
| Q3 24 | — | 0.43× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.46× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $807.5M | $27.2M |
| 自由现金流经营现金流 - 资本支出 | $798.6M | $26.7M |
| 自由现金流率自由现金流/营收 | 61.6% | 4.6% |
| 资本支出强度资本支出/营收 | 0.7% | 0.1% |
| 现金转化率经营现金流/净利润 | 3.96× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | $18.6M |
8季度趋势，按日历期对齐
经营现金流EVRSTEP
| Q4 25 | $807.5M | $27.2M | ||
| Q3 25 | $560.9M | $16.2M | ||
| Q2 25 | $437.7M | $46.3M | ||
| Q1 25 | $-549.7M | $-66.5M | ||
| Q4 24 | $686.4M | $27.6M | ||
| Q3 24 | $234.5M | $53.7M | ||
| Q2 24 | $348.5M | $50.2M | ||
| Q1 24 | $-281.2M | $7.6M |
自由现金流EVRSTEP
| Q4 25 | $798.6M | $26.7M | ||
| Q3 25 | $541.5M | $15.9M | ||
| Q2 25 | $411.7M | $45.2M | ||
| Q1 25 | $-569.3M | $-69.2M | ||
| Q4 24 | $673.1M | $27.0M | ||
| Q3 24 | $226.6M | $52.4M | ||
| Q2 24 | $340.7M | $49.6M | ||
| Q1 24 | $-282.3M | $6.7M |
自由现金流率EVRSTEP
| Q4 25 | 61.6% | 4.6% | ||
| Q3 25 | 51.8% | 3.5% | ||
| Q2 25 | 49.1% | 12.4% | ||
| Q1 25 | -81.4% | -18.3% | ||
| Q4 24 | 68.7% | 8.0% | ||
| Q3 24 | 30.7% | 19.3% | ||
| Q2 24 | 49.1% | 26.6% | ||
| Q1 24 | -48.3% | 1.9% |
资本支出强度EVRSTEP
| Q4 25 | 0.7% | 0.1% | ||
| Q3 25 | 1.9% | 0.1% | ||
| Q2 25 | 3.1% | 0.3% | ||
| Q1 25 | 2.8% | 0.7% | ||
| Q4 24 | 1.4% | 0.2% | ||
| Q3 24 | 1.1% | 0.5% | ||
| Q2 24 | 1.1% | 0.3% | ||
| Q1 24 | 0.2% | 0.3% |
现金转化率EVRSTEP
| Q4 25 | 3.96× | — | ||
| Q3 25 | 3.88× | — | ||
| Q2 25 | 4.50× | — | ||
| Q1 25 | -3.76× | — | ||
| Q4 24 | 4.89× | — | ||
| Q3 24 | 2.99× | 3.05× | ||
| Q2 24 | 4.72× | 3.76× | ||
| Q1 24 | -3.28× | 0.25× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
EVR
| Advisory Fees | $1.1B | 87% |
| Commissions And Related Revenue | $66.5M | 5% |
| Underwriting Fees | $49.5M | 4% |
| Other | $29.6M | 2% |
| Investment Management | $23.2M | 2% |
STEP
| Other | $210.1M | 36% |
| Management And Advisory Fees Net Focused Commingled Funds | $143.3M | 24% |
| Carried Interest Allocation Focused Commingled Funds | $85.1M | 15% |
| Carried Interest Allocation Separately Managed Accounts | $63.6M | 11% |
| Carried Interest Allocation Realized | $46.7M | 8% |
| Management And Advisory Fees Net Advisory And Other Services | $18.3M | 3% |
| Legacy Carried Interest Allocation Focused Commingled Funds | $10.3M | 2% |
| Income Based Incentive Fees | $6.0M | 1% |
| Management And Advisory Fees Net Fund Reimbursement Revenues | $3.1M | 1% |
