Moelis & Company Reports Q2 2025 Revenues of $365.4mln, Declares $0.65 Quarterly Dividend

Moelis & Company reported Q2 2025 revenues of $365.4 million, a 38% YoY increase. First half revenues reached $672.0 million, a 39% increase from the same period in 2024. The firm declared a regular quarterly dividend of $0.65 per share. Chairman and CEO Ken Moelis expressed confidence in the company's growth trajectory, citing favorable market conditions and enhanced expertise across different sectors.

Moelis & Company (NYSE: MC) has reported its second-quarter (Q2) 2025 financial results, showcasing robust growth and a solid balance sheet. The firm's revenues for Q2 2025 totaled $365.4 million, marking a 38% year-over-year (YoY) increase, according to the company's earnings report [1]. For the first half of 2025, revenues reached $672.0 million, representing a 39% increase from the same period in 2024 [1].

The company's strong financial performance was driven by growth in mergers and acquisitions (M&A) and capital markets, which contributed significantly to the 39% increase in first-half revenues. Moelis & Company maintained a healthy balance sheet with $475 million in cash and liquid investments and no debt [1].

Ken Moelis, Chairman and CEO, expressed confidence in the company's growth trajectory. He attributed the growth to favorable market conditions and the firm's expanded expertise across various sectors. The company successfully hired three leading private capital advisory bankers during the second quarter, enhancing its capabilities in secondary and primary capital solutions [1].

Despite the strong financial performance, the company faces challenges in rapidly scaling its private capital advisory business to meet market opportunities. The compensation expense ratio remained high at 69%, consistent with the previous quarter, and non-compensation expenses are expected to grow by approximately 15% for the full year compared to the prior year [1].

Moelis & Company declared a regular quarterly dividend of $0.65 per share, consistent with the prior period. The company has not yet outlined a clear plan for returning excess capital to shareholders, but stock repurchases are likely to play a more significant role in capital return strategies moving forward [1].

In summary, Moelis & Company reported strong Q2 2025 financial results, driven by growth in M&A and capital markets. The company's balance sheet remains robust, with a significant cash position and no debt. However, challenges in scaling the private capital advisory business and high compensation expenses are areas of concern. The company's dividend remains consistent, and shareholders can expect more details on capital return strategies in the future.

References:
[1] https://finance.yahoo.com/news/moelis-co-mc-q2-2025-072405476.html
[2] https://ca.finance.yahoo.com/news/moelis-co-mc-q2-2025-072405476.html
[3] https://www.morningstar.com/news/business-wire/20250724466710/moelis-company-reports-second-quarter-and-first-half-2025-financial-results-declares-regular-quarterly-dividend-of-065-per-share