Who are Moelis &'s main competitors?

Named competitors: Evercore (EVR), Lazard (LAZ), PJT Partners (PJT), Houlihan Lokey (HLI). The cockpit's measured peer set (industry) also includes Sinolink Securities (600109.SS), Piper Sandler Companies (PIPR), China Great Wall Securities (002939.SZ), Guoyuan Securities (000728.SZ), Hongta Securities (601236.SS), SamsungSecu (016360.KS).

Is Moelis & expensive compared with its peers?

On forward p/e it trades at 16.9× against a peer median of 10.3×, 7th most expensive of 18 in its peer set.

How has Moelis & stock performed?

Over six months to 6 Nov 2026 the shares returned -12.5% against -11.0% for the median peer; over one year -10.6%.

← CockpitCompetitor Analysis › MC Moelis & Co. Class AOpen in the cockpit ↗

Moelis & Co. Class AMCCompetitor analysis, valuation and peers

United States · USD·Financials›Investment Banks/Brokers

Independent investment bank providing M&A advisory and restructuring advice without lending or trading conflicts.

Momentum weak 38

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$4.62B

US dollars, full cap

Free float

99%

of shares outstanding

$/day

$65.4M

20-day average traded

Fwd P/E

16.9×

forward earnings

ROIC−WACC

n/a

WACC 13.7%

Hurdle

n/a

no reverse DCF

Next earnings

96 days

10 Feb 2027

Close · USD$56.92

1D-2.5%

1W-2.9%

1M+1.2%

3M-10.6%

6M-12.5%

YTD-17.2%

1Y-10.6%

ATR %4.9%

Beta1.38

52w lowhigh27.2% off high

What Moelis & does

Independent investment bank providing M&A advisory and restructuring advice without lending or trading conflicts.

Is paid mainly by success fees at the completion of a deal, so revenue is lumpy and depends on how many large mergers, sales and restructurings close in a year, with smaller retainers for ongoing advice. Almost all costs are pay for bankers, and it keeps adding senior bankers to win more mandates. Founder Ken Moelis remains chairman and CEO.

Products and services

M&A advisory
Restructuring advisory
Capital markets advisory

Customers

Corporations
Private equity firms
Creditors/debtors in restructurings

Where it sits in the supply chain

Financial services
Independent M&A/restructuring advisory
Corporate and institutional clients

What could go right

M&A/restructuring deal volume cycles
Senior banker recruitment/expansion

What could go wrong

Deal volume cyclicality tied to markets
Key-person/banker retention risk

Moat: narrow (brand, scale, distribution). Independent advice model (no lending conflicts) and senior banker relationships attract clients versus bank-affiliated advisors.

Headquarters: New York, New York, United States · Founded: 2007 · Employees: 1,416

Named competitors

Moelis & at a glance

Size Moelis & (MC) is a United States Financials company (Investment Banks/Brokers) with a market value of $4.62B, the 1236th largest of 3,117 United States companies the cockpit tracks. Shares closed at $56.92 on 6 Nov 2026.

Performance Over six months the shares fell 12.5%, against -11.0% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 13.7% over the last twelve months (peer median +4.6%); the operating margin is 18.4% (peer median 34.3%).

Valuation It trades at 16.9× forward earnings against a peer median of 10.3× (7th most expensive of 18).

Short interest Short interest is 6.8% of the free float (15 Oct 2026).

Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Moelis & against the median of its 20 peers (local-currency closes).

Moelis & financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	$1.57B	$1.54B	$1.20B	$855M	$985M
Revenue growth	—	+28%	+41%	-13%	—
EBITDA	$304M	$307M	$194M	-$32.0M	$239M
Net income	$228M	$233M	$136M	-$24.7M	$150M
Free cash flow	$433M	$540M	$415M	$142M	$27.0M
Capital expenditure	$54.9M	$36.3M	$12.1M	$16.7M	$5.96M
Total debt	$263M	$267M	$223M	$216M	$193M

Quarterly statements and history in the cockpit →

Moelis & competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Moelis & is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Moelis & is the large dot.

Moelis & competitors and peer comparison

Head to head with its named competitors (MC vs EVR vs LAZ vs PJT)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Moelis & MC	$4.62B	-13%	+14%	18%	16.9×	n/a
Evercore EVR	$10.9B	-17%	+37%	22%	14.2×	n/a
Lazard LAZ	$3.74B	-20%	+9%	11%	16.7×	n/a
PJT Partners PJT	$3.80B	-4%	+10%	21%	18.0×	n/a
Houlihan Lokey HLI	$10.1B	-5%	0%	20%	18.0×	n/a

How Moelis & compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Moelis & against its 20 peers (data as of 6 Nov 2026)
Measure	MC	Peer median	Rank in peer set
1-month return	+1.2%	-3.5%	4th highest of 21
6-month return	-12.5%	-11.0%	10th lowest of 21
Distance from 52-week high	-27.2%	-30.0%	9th highest of 21
Revenue growth (TTM)	+13.7%	+4.6%	8th highest of 21
Operating margin	18.4%	34.3%	5th lowest of 21
Forward P/E	16.9×	10.3×	7th most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Moelis & MC	United States	$4.62B	-13%	+14%	18%	16.9×	n/a	n/a
Sinolink Securities 600109.SS	China	$4.60B	-7%	+10%	30%	11.8×	n/a	n/a
Piper Sandler Companies PIPR	United States	$4.65B	-19%	+20%	21%	14.6×	n/a	n/a
China Great Wall Securities 002939.SZ	China	$4.53B	-16%	-5%	35%	n/a	n/a	n/a
Guoyuan Securities 000728.SZ	China	$4.53B	-6%	-23%	34%	10.3×	n/a	n/a
Hongta Securities 601236.SS	China	$4.72B	-11%	-4%	39%	26.8×	n/a	n/a
SamsungSecu 016360.KS	South Korea	$4.87B	-31%	+19%	71%	4.0×	n/a	n/a
BOC International (China) 601696.SS	China	$4.37B	-16%	+6%	35%	24.7×	n/a	n/a
BGC BGC	United States	$4.89B	-8%	+28%	9%	7.1×	n/a	n/a
Tianfeng Securities 601162.SS	China	$4.91B	-9%	-20%	3%	65.0×	n/a	n/a
Nanjing Securities 601990.SS	China	$4.30B	-11%	-9%	37%	24.1×	n/a	n/a
IG Group Holdings plc IGG.L	United Kingdom	$4.23B	-38%	+16%	40%	8.7×	n/a	n/a
KIH 071050.KS	South Korea	$5.15B	-49%	+100%	51%	2.4×	n/a	n/a
Huaan Securities 600909.SS	China	$5.17B	+23%	-18%	121%	6.2×	n/a	n/a
Guangzhou Yuexiu Capital 000987.SZ	China	$5.20B	-23%	-44%	11%	7.6×	n/a	n/a
Galaxy Digital GLXY	United States	$5.31B	-55%	+430%	1%	n/a	n/a	n/a
XTB Spolka Akcyjna XTB.WA	Poland	$3.98B	+22%	+63%	48%	9.6×	n/a	n/a
Southwest Securities 600369.SS	China	$3.90B	-8%	-13%	27%	20.6×	n/a	n/a
Western Securities 002673.SZ	China	$3.83B	-14%	-2%	29%	n/a	n/a	n/a
PJT Partners PJT	United States	$3.80B	-4%	+10%	21%	18.0×	n/a	n/a
Soochow Securities 601555.SS	China	$5.64B	-5%	+3%	36%	10.3×	n/a	n/a

Questions

Who are Moelis &'s main competitors?: Named competitors: Evercore (EVR), Lazard (LAZ), PJT Partners (PJT), Houlihan Lokey (HLI). The cockpit's measured peer set (industry) also includes Sinolink Securities (600109.SS), Piper Sandler Companies (PIPR), China Great Wall Securities (002939.SZ), Guoyuan Securities (000728.SZ), Hongta Securities (601236.SS), SamsungSecu (016360.KS).
Is Moelis & expensive compared with its peers?: On forward p/e it trades at 16.9× against a peer median of 10.3×, 7th most expensive of 18 in its peer set.
How has Moelis & stock performed?: Over six months to 6 Nov 2026 the shares returned -12.5% against -11.0% for the median peer; over one year -10.6%.