Evertec Inc Financials
This page shows Evertec Inc (EVTC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Evertec Inc has an operating margin of 19.6%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 98/100, reflecting efficient cost management and pricing power. This is up from 19.6% the prior year.
Evertec Inc's revenue surged 21.7% year-over-year to $845.5M, reflecting rapid business expansion. This strong growth earns a score of 91/100.
Evertec Inc has a moderate D/E ratio of 1.96. This balance of debt and equity financing earns a leverage score of 39/100.
Evertec Inc's current ratio of 1.89 indicates adequate short-term liquidity, earning a score of 56/100. The company can meet its near-term obligations, though with limited headroom.
Evertec Inc converts 27.8% of revenue into free cash flow ($234.7M). This strong cash generation earns a score of 100/100.
Evertec Inc earns a strong 23.8% return on equity (ROE), meaning it generates $24 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 95/100. This is up from 13.4% the prior year.
Evertec Inc scores 2.12, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Evertec Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Evertec Inc generates $2.31 in operating cash flow ($260.1M OCF vs $112.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Evertec Inc earns $2.2 in operating income for every $1 of interest expense ($165.7M vs $74.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Evertec Inc generated $845.5M in revenue in fiscal year 2024. This represents an increase of 21.7% from the prior year.
Evertec Inc's EBITDA was $188.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 19.1% from the prior year.
Evertec Inc generated $234.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 23.7% from the prior year.
Evertec Inc reported $112.6M in net income in fiscal year 2024. This represents an increase of 41.3% from the prior year.
Evertec Inc earned $1.73 per diluted share (EPS) in fiscal year 2024. This represents an increase of 43.0% from the prior year.
Evertec Inc held $273.6M in cash against $925.1M in long-term debt as of fiscal year 2024.
Evertec Inc paid $0.20 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Evertec Inc had 64M shares outstanding in fiscal year 2024. This represents a decrease of 2.8% from the prior year.
Evertec Inc's operating margin was 19.6% in fiscal year 2024, reflecting core business profitability. This is down 0.0 percentage points from the prior year.
Evertec Inc's net profit margin was 13.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.8 percentage points from the prior year.
Evertec Inc's ROE was 23.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 10.4 percentage points from the prior year.
Evertec Inc spent $82.3M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 128.0% from the prior year.
Evertec Inc invested $25.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 18.3% from the prior year.
EVTC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $228.6M-0.4% | $229.6M+0.4% | $228.8M+5.7% | $216.4M+2.1% | $212.0M+3.2% | $205.3M+5.5% | $194.6M+12.4% | $173.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $37.7M+7.3% | $35.1M-3.1% | $36.2M-3.8% | $37.6M-1.4% | $38.2M+7.2% | $35.6M-19.6% | $44.3M+45.7% | $30.4M |
| Operating Income | $37.7M-32.8% | $56.1M+13.4% | $49.5M+3.2% | $48.0M+10.6% | $43.4M+32.2% | $32.8M+50.9% | $21.7M-45.1% | $39.6M |
| Interest Expense | $16.5M-1.1% | $16.7M-1.6% | $17.0M-2.3% | $17.4M-7.1% | $18.7M-6.2% | $19.9M+30.1% | $15.3M+168.5% | $5.7M |
| Income Tax | -$31K-100.8% | $4.1M-1.6% | $4.1M+136.7% | $1.7M+58.7% | $1.1M+277.1% | $292K-68.6% | $931K+119.2% | -$4.9M |
| Net Income | $32.9M-18.8% | $40.5M+23.7% | $32.7M-18.4% | $40.1M+25.6% | $31.9M+99.6% | $16.0M+39.2% | $11.5M+14.4% | $10.0M |
| EPS (Diluted) | $0.51-17.7% | $0.62+24.0% | $0.50-19.4% | $0.62+26.5% | $0.49+104.2% | $0.24+41.2% | $0.17+13.3% | $0.15 |
EVTC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.1B+9.6% | $2.0B+2.3% | $1.9B+3.2% | $1.9B-1.7% | $1.9B-5.3% | $2.0B-3.1% | $2.1B+68.7% | $1.2B |
| Current Assets | $744.4M+30.5% | $570.6M+2.8% | $555.1M+4.9% | $529.1M-0.3% | $530.8M-5.7% | $563.0M+0.3% | $561.4M+39.5% | $402.4M |
| Cash & Equivalents | $474.7M+63.4% | $290.6M+9.3% | $265.9M-2.8% | $273.6M+6.2% | $257.7M-12.2% | $293.7M-0.7% | $295.6M+66.2% | $177.8M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $153.9M-1.9% | $156.9M-1.5% | $159.2M+15.8% | $137.5M+12.4% | $122.3M-13.5% | $141.3M+11.7% | $126.5M+9.3% | $115.8M |
| Goodwill | $779.7M+1.1% | $771.4M+2.5% | $752.6M+3.5% | $726.9M-2.0% | $741.6M-4.7% | $777.9M-1.7% | $791.7M+82.2% | $434.5M |
| Total Liabilities | $1.4B+10.5% | $1.3B-2.1% | $1.3B-0.4% | $1.3B-1.9% | $1.4B-5.6% | $1.4B+1.4% | $1.4B+108.0% | $685.1M |
| Current Liabilities | $256.2M-1.4% | $259.8M-7.1% | $279.6M0.0% | $279.7M-3.9% | $291.0M-17.9% | $354.4M+18.8% | $298.3M+19.9% | $248.7M |
| Long-Term Debt | $1.1B+15.8% | $914.9M-0.6% | $920.0M-0.6% | $925.1M-1.2% | $936.0M-0.6% | $941.7M-0.5% | $946.8M+152.7% | $374.7M |
| Total Equity | $663.8M+8.4% | $612.3M+13.0% | $542.1M+14.7% | $472.5M-2.3% | $483.4M-4.7% | $507.3M-14.6% | $594.3M+11.6% | $532.4M |
| Retained Earnings | $696.1M+4.5% | $666.4M+5.9% | $629.1M+4.9% | $599.6M+10.8% | $541.2M+5.6% | $512.5M-4.9% | $538.9M+1.5% | $530.7M |
EVTC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $70.9M+46.2% | $48.5M+28.8% | $37.6M-49.9% | $75.2M-17.1% | $90.6M+122.7% | $40.7M-23.1% | $52.9M+40.5% | $37.6M |
| Capital Expenditures | $5.6M+12.4% | $5.0M-22.0% | $6.4M+47.8% | $4.3M-63.4% | $11.8M+119.7% | $5.4M+6.8% | $5.0M-1.1% | $5.1M |
| Free Cash Flow | $65.3M+50.1% | $43.5M+39.2% | $31.2M-55.9% | $70.8M-10.1% | $78.8M+123.2% | $35.3M-26.2% | $47.9M+47.0% | $32.5M |
| Investing Cash Flow | -$26.9M-32.3% | -$20.4M+8.8% | -$22.3M+57.7% | -$52.8M-87.5% | -$28.2M-28.1% | -$22.0M+94.5% | -$402.5M-755.3% | -$47.1M |
| Financing Cash Flow | $129.4M+1112.8% | -$12.8M+53.6% | -$27.5M-23.6% | -$22.3M+65.6% | -$64.7M-207.0% | -$21.1M-104.4% | $480.1M+4606.3% | -$10.7M |
| Dividends Paid | $3.2M-0.1% | $3.2M+0.7% | $3.2M0.0% | $3.2M-1.2% | $3.2M-1.6% | $3.3M-0.5% | $3.3M+1.8% | $3.2M |
| Share Buybacks | $0-100.0% | $3.7M | $0 | $0 | $0-100.0% | $70.0M+460.1% | $12.5M+60.1% | $7.8M |
EVTC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 16.5%-7.9pp | 24.4%+2.8pp | 21.6%-0.5pp | 22.2%+1.7pp | 20.4%+4.5pp | 16.0%+4.8pp | 11.2%-11.7pp | 22.8% |
| Net Margin | 14.4%-3.2pp | 17.6%+3.3pp | 14.3%-4.2pp | 18.5%+3.5pp | 15.0%+7.3pp | 7.8%+1.9pp | 5.9%+0.1pp | 5.8% |
| Return on Equity | 5.0%-1.7pp | 6.6%+0.6pp | 6.0%-2.5pp | 8.5%+1.9pp | 6.6%+3.5pp | 3.1%+1.2pp | 1.9%+0.0pp | 1.9% |
| Return on Assets | 1.5%-0.5pp | 2.1%+0.3pp | 1.7%-0.5pp | 2.2%+0.5pp | 1.7%+0.9pp | 0.8%+0.2pp | 0.6%-0.3pp | 0.8% |
| Current Ratio | 2.91+0.7 | 2.20+0.2 | 1.99+0.1 | 1.89+0.1 | 1.82+0.2 | 1.59-0.3 | 1.88+0.3 | 1.62 |
| Debt-to-Equity | 1.60+0.1 | 1.49-0.2 | 1.70-0.3 | 1.96+0.0 | 1.94+0.1 | 1.86+0.3 | 1.59+0.9 | 0.70 |
| FCF Margin | 28.5%+9.6pp | 18.9%+5.3pp | 13.7%-19.1pp | 32.7%-4.4pp | 37.2%+20.0pp | 17.2%-7.4pp | 24.6%+5.8pp | 18.8% |
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Frequently Asked Questions
What is Evertec Inc's annual revenue?
Evertec Inc (EVTC) reported $845.5M in total revenue for fiscal year 2024. This represents a 21.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Evertec Inc's revenue growing?
Evertec Inc (EVTC) revenue grew by 21.7% year-over-year, from $694.7M to $845.5M in fiscal year 2024.
Is Evertec Inc profitable?
Yes, Evertec Inc (EVTC) reported a net income of $112.6M in fiscal year 2024, with a net profit margin of 13.3%.
What is Evertec Inc's earnings per share (EPS)?
Evertec Inc (EVTC) reported diluted earnings per share of $1.73 for fiscal year 2024. This represents a 43.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Evertec Inc's EBITDA?
Evertec Inc (EVTC) had EBITDA of $188.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Evertec Inc have?
As of fiscal year 2024, Evertec Inc (EVTC) had $273.6M in cash and equivalents against $925.1M in long-term debt.
What is Evertec Inc's operating margin?
Evertec Inc (EVTC) had an operating margin of 19.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Evertec Inc's net profit margin?
Evertec Inc (EVTC) had a net profit margin of 13.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Evertec Inc pay dividends?
Yes, Evertec Inc (EVTC) paid $0.20 per share in dividends during fiscal year 2024.
What is Evertec Inc's return on equity (ROE)?
Evertec Inc (EVTC) has a return on equity of 23.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Evertec Inc's free cash flow?
Evertec Inc (EVTC) generated $234.7M in free cash flow during fiscal year 2024. This represents a 23.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Evertec Inc's operating cash flow?
Evertec Inc (EVTC) generated $260.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Evertec Inc's total assets?
Evertec Inc (EVTC) had $1.9B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Evertec Inc's capital expenditures?
Evertec Inc (EVTC) invested $25.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Evertec Inc buy back shares?
Yes, Evertec Inc (EVTC) spent $82.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Evertec Inc have outstanding?
Evertec Inc (EVTC) had 64M shares outstanding as of fiscal year 2024.
What is Evertec Inc's current ratio?
Evertec Inc (EVTC) had a current ratio of 1.89 as of fiscal year 2024, which is generally considered healthy.
What is Evertec Inc's debt-to-equity ratio?
Evertec Inc (EVTC) had a debt-to-equity ratio of 1.96 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Evertec Inc's return on assets (ROA)?
Evertec Inc (EVTC) had a return on assets of 6.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Evertec Inc's Altman Z-Score?
Evertec Inc (EVTC) has an Altman Z-Score of 2.12, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Evertec Inc's Piotroski F-Score?
Evertec Inc (EVTC) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Evertec Inc's earnings high quality?
Evertec Inc (EVTC) has an earnings quality ratio of 2.31x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Evertec Inc cover its interest payments?
Evertec Inc (EVTC) has an interest coverage ratio of 2.2x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Evertec Inc?
Evertec Inc (EVTC) scores 80 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.