Moelis & Company (MC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
399 PARK AVENUE, 5TH FLOOR NEW YORK, NY 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6282 - Investment Advice (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 186,417 | 472,039 | 783,554 | 414,303 | 381,043 | 341,750 | |||
| Cash and cash equivalents | 186,417 | 206,794 | 520,213 | 202,477 | 167,812 | 261,100 | |||
| Short-term investments | 265,245 | 263,341 | 211,826 | 213,231 | 80,650 | ||||
| Receivables | 4,422 | 9,462 | 20,041 | ||||||
| Total current assets: | 190,839 | 481,501 | 803,595 | 414,303 | 381,043 | 341,750 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 171,998 | 152,341 | 164,083 | 177,069 | 190,763 | ✕ | |||
| Property, plant and equipment | 63,803 | 57,152 | 59,163 | 49,977 | 13,992 | 12,731 | |||
| Long-term investments and receivables | 38,143 | 38,944 | 63,274 | ||||||
| Long-term investments | 38,143 | 38,944 | 63,274 | ||||||
| Deferred costs | 17,133 | 15,100 | 11,499 | 12,004 | 11,748 | 8,788 | |||
| Deferred income tax assets | 437,238 | 429,649 | 448,123 | 424,345 | 400,496 | ✕ | |||
| Total noncurrent assets: | 690,172 | 654,242 | 682,868 | 701,538 | 655,943 | 84,793 | |||
| Other undisclosed assets | 298,748 | 81,126 | 69,218 | 80,603 | 34,713 | 487,832 | |||
| TOTAL ASSETS: | 1,179,759 | 1,216,869 | 1,555,681 | 1,196,444 | 1,071,699 | 914,375 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 817,297 | 757,931 | 1,077,382 | 751,971 | 677,872 | 542,622 | |||
| Total liabilities: | 817,297 | 757,931 | 1,077,382 | 751,971 | 677,872 | 542,622 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 352,141 | 444,495 | 489,068 | 479,948 | 442,827 | 404,361 | |||
| Treasury stock, value | (450,859) | (403,857) | (256,320) | (152,170) | (107,836) | (56,661) | |||
| Additional paid in capital | 1,573,702 | 1,412,795 | 1,280,498 | 1,052,322 | 872,791 | 697,938 | |||
| Accumulated other comprehensive income (loss) | (3,928) | (4,529) | (560) | (201) | 1,432 | 291 | |||
| Accumulated deficit | (767,587) | (560,690) | (535,282) | (420,682) | (324,192) | (237,782) | |||
| Other undisclosed equity, attributable to parent | 813 | 776 | 732 | 679 | 632 | 575 | |||
| Equity, attributable to noncontrolling interest | 10,321 | 14,443 | (10,769) | (35,475) | (49,000) | (32,608) | |||
| Total equity: | 362,462 | 458,938 | 478,299 | 444,473 | 393,827 | 371,753 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,179,759 | 1,216,869 | 1,555,681 | 1,196,444 | 1,071,699 | 914,375 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 854,748 | 985,297 | 1,540,611 | 943,276 | 746,534 | 885,840 | ||
| Investment banking revenue | ✕ | ✕ | ✕ | 1,540,611 | 943,276 | 746,534 | 885,840 | |
| Revenues, excluding interest and dividends | 854,748 | 985,297 | ||||||
| Gross profit: | 854,748 | 985,297 | 1,540,611 | 943,276 | 746,534 | 885,840 | ||
| Operating expenses | (895,100) | (769,197) | (1,044,694) | (677,567) | (631,991) | (659,059) | ||
| Other operating expense, net (Other Expenses) | ||||||||
| Other undisclosed operating income | ||||||||
| Operating income (loss): | (40,352) | 216,100 | 495,917 | 265,709 | 114,543 | 226,781 | ||
| Nonoperating income | 11,205 | 220 | 40,396 | 4,404 | 32,962 | 4,509 | ||
| Investment income, nonoperating | 9,917 | 20,714 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (29,147) | 216,320 | 536,313 | 270,113 | 147,505 | 231,290 | ||
| Income from equity method investments | 7,162 | |||||||
| Income (loss) from continuing operations before income taxes: | (29,147) | 216,320 | 536,313 | 270,113 | 147,505 | 238,452 | ||
| Income tax expense (benefit) | 1,631 | (47,638) | (113,335) | (51,675) | (11,813) | (30,448) | ||
| Income (loss) from continuing operations: | (27,516) | 168,682 | 422,978 | 218,438 | 135,692 | 208,004 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 422,978 | 218,438 | 135,692 | 208,004 | |
| Net income (loss): | (27,516) | 168,682 | 422,978 | 218,438 | 135,692 | 208,004 | ||
| Net income (loss) attributable to noncontrolling interest | 2,816 | (18,337) | (57,765) | (39,607) | (30,597) | (67,324) | ||
| Net income (loss) available to common stockholders, diluted: | (24,700) | 150,345 | 365,213 | 178,831 | 105,095 | 140,680 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (27,516) | 168,682 | 422,978 | 218,438 | 135,692 | 208,004 | ||
| Other comprehensive income (loss) | 659 | (4,333) | (431) | (2,040) | 1,452 | (453) | ||
| Comprehensive income (loss): | (26,857) | 164,349 | 422,547 | 216,398 | 137,144 | 207,551 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2,758 | (17,973) | (57,693) | (39,200) | (30,908) | (67,249) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (24,099) | 146,376 | 364,854 | 177,198 | 106,236 | 140,302 | ||
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.