Eaton Vance Corporation (EV) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
TWO INTERNATIONAL PLACE BOSTON, MA 02110 |
| State of Incorp. | MD |
| Fiscal Year End | October 31 |
| Industry (SIC) | 6282 - Investment Advice (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | 10/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 558 | 1,504 | 1,319 | 838 | 796 | 385 | |||
| Cash and cash equivalents | 558 | 601 | 611 | 424 | 466 | 385 | |||
| Short-term investments | 903 | 708 | 414 | 331 | |||||
| Total current assets: | 558 | 1,504 | 1,319 | 838 | 796 | 385 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 270 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 73 | 52 | 49 | 44 | 45 | 46 | |||
| Long-term investments and receivables | 140 | 162 | |||||||
| Long-term investments | 140 | 162 | |||||||
| Intangible assets, net (including goodwill) | 336 | 341 | 349 | 295 | 293 | 294 | |||
| Goodwill | 260 | 260 | 260 | 248 | 238 | 229 | |||
| Intangible assets, net (excluding goodwill) | 76 | 81 | 90 | 47 | 55 | 65 | |||
| Deferred costs | 49 | ||||||||
| Deferred income tax assets | 63 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Total noncurrent assets: | 881 | 604 | 398 | 339 | 338 | 340 | |||
| Other undisclosed assets | 2,815 | 1,492 | 613 | 556 | 982 | 1,135 | |||
| TOTAL ASSETS: | 4,254 | 3,599 | 2,331 | 1,733 | 2,116 | 1,860 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 2,784 | 2,156 | 1,068 | 919 | 1,406 | 1,095 | |||
| Total liabilities: | 2,784 | 2,156 | 1,068 | 919 | 1,406 | 1,095 | |||
| Temporary equity, carrying amount | 286 | 335 | 251 | 109 | 89 | ||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,184 | 1,107 | 1,011 | 704 | 620 | 655 | |||
| Additional paid in capital | 18 | 148 | |||||||
| Accumulated other comprehensive loss | (58) | (53) | (47) | (58) | (49) | (18) | |||
| Retained earnings | 1,250 | 1,151 | 921 | 773 | 685 | 679 | |||
| Receivable from officers and directors for issuance of capital stock | (8) | (8) | (11) | (12) | (11) | (9) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | (5) | 3 | |||
| Equity, attributable to noncontrolling interest | 1 | 1 | 1 | 2 | 2 | ||||
| Total equity: | 1,184 | 1,108 | 1,012 | 705 | 622 | 657 | |||
| Other undisclosed liabilities and equity | 107 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 4,254 | 3,599 | 2,331 | 1,733 | 2,116 | 1,860 | |||
Income Statement (P&L) ($ in millions)
| 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | 10/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,683 | 1,702 | 1,529 | 1,343 | 1,404 | 1,450 | ||
| Revenue, net | ✕ | ✕ | 1,245 | 1,061 | 1,108 | |||
| Revenue from related parties | 1,214 | ✕ | ✕ | ✕ | ✕ | |||
| Gross profit: | 1,683 | 1,702 | 1,529 | 1,343 | 1,404 | 1,450 | ||
| Operating expenses | (1,162) | (1,147) | (1,046) | (929) | (1,003) | (930) | ||
| Operating income: | 521 | 555 | 483 | 414 | 400 | 520 | ||
| Nonoperating income (expense) | 38 | (12) | (14) | (6) | (31) | (29) | ||
| Investment income, nonoperating | 2 | 8 | ||||||
| Other nonoperating income (expense) | 51 | 10 | 19 | 12 | (0) | 1 | ||
| Interest and debt expense | (24) | (24) | (5) | (29) | (29) | (30) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 24 | 24 | 5 | 29 | 29 | 30 | ||
| Income from continuing operations before equity method investments, income taxes: | 559 | 543 | 469 | 408 | 369 | 491 | ||
| Income (loss) from equity method investments | 9 | 11 | 11 | 10 | 12 | 17 | ||
| Income from continuing operations before income taxes: | 568 | 555 | 480 | 418 | 381 | 508 | ||
| Income tax expense | (135) | (157) | (174) | (154) | (143) | (187) | ||
| Income from continuing operations: | 433 | 398 | 306 | 265 | 238 | 321 | ||
| Income before gain (loss) on sale of properties: | 433 | 398 | 306 | 265 | 238 | 321 | ||
| Net income: | 433 | 398 | 306 | 265 | 238 | 321 | ||
| Net income (loss) attributable to noncontrolling interest | (33) | (16) | (24) | (23) | (8) | (17) | ||
| Net income attributable to parent: | 400 | 382 | 282 | 241 | 230 | 304 | ||
| Other undisclosed net loss available to common stockholders, basic | (4) | (8) | ||||||
| Net income available to common stockholders, diluted: | 400 | 382 | 282 | 241 | 226 | 297 | ||
Comprehensive Income ($ in millions)
| 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | 10/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 433 | 398 | 306 | 265 | 238 | 321 | ||
| Other comprehensive income (loss) | (1) | (6) | 10 | (9) | (31) | (18) | ||
| Comprehensive income: | 431 | 392 | 316 | 256 | 208 | 303 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (33) | (16) | (24) | (23) | (8) | 17 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (34) | |||||||
| Comprehensive income, net of tax, attributable to parent: | 399 | 376 | 292 | 232 | 200 | 286 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.