Moelis & Co
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Operating expenses | $1.2B | $1.0B | $895.1M | $769.2M | $1.0B |
| Operating income | $273.9M | $172.9M | -$40.4M | $216.1M | $495.9M |
| Pretax income | $327.5M | $196.0M | -$29.1M | $216.3M | $536.3M |
| Income tax expense | $67.9M | $44.5M | -$1.6M | $47.6M | $113.3M |
| Net income | $259.6M | $151.5M | -$27.5M | $168.7M | $423.0M |
| Balance Sheet | |||||
| Cash and equivalents | $508.6M | $412.5M | $186.4M | $206.8M | $520.2M |
| Total assets | $1.7B | $1.4B | $1.2B | $1.2B | $1.6B |
| Total liabilities | $1.1B | $899.6M | $817.3M | $757.9M | $1.1B |
| Stockholders' equity | $568.4M | $441.6M | $352.1M | $444.5M | $489.1M |
| Cash Flow Statement | |||||
| Cash from operations | $576.3M | $427.5M | $158.5M | $33.0M | $937.0M |
| Depreciation and amortization | $11.9M | $10.4M | $8.3M | $8.0M | $7.2M |
| Stock-based compensation | $230.3M | $161.4M | $158.2M | $128.9M | $167.9M |
| Capital expenditure | $36.3M | $12.1M | $16.7M | $6.0M | $16.4M |
| Free cash flow | $540.0M | $415.4M | $141.8M | $27.0M | $920.6M |
| Dividends paid | — | $184.2M | $182.2M | $174.7M | $480.0M |
Shares outstanding 78.6M · Free float 93.5%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.