Moelis & Company (MC) Declares $0.65 Quarterly Dividend; 3.3% Yield
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Moelis & Company Reports Fourth Quarter and Full Year 2024 Financial Results; Increases Quarterly Dividend 8% to $0.65 Per Share
February 5, 2025 4:15 PM ESTFourth quarter revenues of $438.7 million, up 104% from the prior year period Full year 2024 GAAP revenues of $1,194.5 million; full year 2024 Adjusted revenues of $1,201.5 million, up 40% from the prior year GAAP net income of $1.15 per share (diluted) for the fourth quarter of 2024 and $1.78 per share (diluted) for the full year; Adjusted net income of $1.18 per share (diluted) for the fourth quarter and $1.82 per share (diluted) for the full year Fourth quarter Adjusted pre-tax margin of 31.4%; full year 2024 Adjusted pre-tax margin of 16.4% Continued to execute on our growth strategy: In 2024, we... More

