Moelis & Co
NYSE:MC

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Moelis & Co
NYSE:MC
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Price: 71.22 USD 3.61% Market Closed
Market Cap: 5.6B USD

Moelis & Co
Investor Relations

Founded in 2007 during a period of significant financial upheaval, Moelis & Co. charted its own course through turbulent waters, establishing itself as a stalwart in the investment banking arena. Specializing in providing strategic advice on mergers, acquisitions, recapitalizations, restructurings, and other critical financial matters, the firm has built a reputation for its sharp focus on advisory services. Unlike larger Wall Street banks engaged in a range of financial activities, Moelis & Co. prides itself on being an independent advisory-focused institution, insulating its advisory services from potential conflicts of interest that may arise in firms with trading and lending operations. This clear-cut focus enables the firm to offer unbiased advice, which has resonated well with a discerning clientele.

The firm's revenue streams primarily flow from the fees charged for its advisory services. Working closely with companies, governments, and financial sponsors worldwide, Moelis & Co. leverages its extensive network and deep industry insight to tailor strategies that align with its clients' goals. These engagements often involve providing meticulous guidance through complex transactions, ensuring that clients can navigate their challenges with precision. The nature of their work implies that income may fluctuate with the ebbs and tides of deal-making cycles in the financial markets, yet the firm's agile model and seasoned advisors have consistently steered it towards sustainable profitability. This approach not only fortifies its standing in the market but also underscores its mission to build enduring client relationships founded on trust and integrity.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 29, 2025
AI Summary
Q3 2025

Strong Revenue Growth: Moelis reported third-quarter adjusted revenue of $376 million, up 34% from last year, with year-to-date revenue of $1.05 billion, up 37%.

M&A Momentum: M&A activity was driven by larger transactions and improving deal flow, with signs of broadening activity into middle-market deals.

Capital Markets Strength: Capital Markets revenues more than doubled year-over-year, putting Moelis on pace for a record year in this segment.

Expense Leverage: The adjusted compensation expense ratio improved to 68% year-to-date from 75% last year, showing better operating leverage as revenues rise.

Hiring Continues: The firm ended the quarter with 170 managing directors, hiring 10 MDs year-to-date including 5 this quarter, with further hiring planned, especially in Private Capital Advisory.

Regulatory Backdrop: Management noted a more accommodative US regulatory and antitrust environment, supporting larger and more ambitious deals.

Strong Balance Sheet: Moelis maintains $620 million in cash and liquid investments and no debt, with a declared quarterly dividend of $0.65 per share.

Key Financials
Adjusted Revenue
$376 million
Adjusted Revenue (First 9 Months)
$1.05 billion
Adjusted Compensation Expense Ratio
66.2% (Q3), 68% (YTD)
Adjusted Non-Compensation Expenses
$53 million
Adjusted Non-Compensation Expense Ratio
14% (Q3), 15.6% (YTD)
Adjusted Pre-Tax Margin
22.2% (Q3), 18.2% (YTD)
Tax Rate
29.5%
Dividend Per Share
$0.65
Share Repurchases
206,000 shares for $14.5 million
Cash and Liquid Investments
$620 million
Debt
No debt
Managing Directors
170
Earnings Call Recording
Other Earnings Calls

Management

Mr. Kenneth David Moelis
Founder, CEO & Chairman
No Bio Available
Mr. Eric Cantor
Vice Chairman & MD
No Bio Available
Mr. Navid Mahmoodzadegan
Co-Founder, Founding Partner, Co-President & MD
No Bio Available
Mr. Jeffrey Raich
Co-Founder, Co-President & MD
No Bio Available
Ms. Kate Pilcher Ciafone
Co- Founder & COO
No Bio Available
Mr. Joseph Walter Simon CPA
Chief Financial Officer
No Bio Available
Ms. Michele S. Miyakawa
Co-Founder & MD of Los Angeles
No Bio Available
Mr. John Momtazee J.D.
Co-Founder and MD of Global Chairman of Media, Sports & Entertainment
No Bio Available
Mr. Christopher Callesano CPA
Principal Accounting Officer, Corporate Controller & MD of New York
No Bio Available
Mr. Ted Ferguson
MD of New York & Chief Information Officer
No Bio Available

Contacts

Address
NEW YORK
New York City
399 Park Ave Fl 5
Contacts
+12128833800.0
www.moelis.com