Everest Group (EG) FY2024 results: revenue $17.3 billion, up 18.5% on the year
Everest Group, Ltd. (EG) reported revenue of $17.3 billion for fiscal 2024, the year ended 31 December 2024, up 18.5% on the year before. Net income was $1.4 billion, down 45.5%, and diluted earnings per share $31.78. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$17.3 billion
+18.5% on the year
FY2017FY2024
Operating margin
8.6%
14.8% a year earlier
FY2017FY2024
Net income
$1.4 billion
-45.5% on the year
FY2017FY2024
Diluted EPS
$31.78
-47.2% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
4,957
4,553
3,695
+8.9%
Cash from investing
-4,478
-5,902
-3,418
Cash from financing
-383
1,409
-359
Share-based compensation
63.0
49.0
45.0
+28.6%
Buybacks
200
0.0
61.0
Dividends paid
334
288
255
+16.0%
Dividend per share
$7.75
$6.80
$6.50
+14.0%
Diluted shares, weighted
43m
41m
39m
+3.4%
Shares outstanding at period end
74m
74m
70m
+0.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
13,875
13,202
8,441
+5.1%
Other liabilities
42,466
36,197
31,525
+17.3%
Total liabilities and equity
56,341
49,399
39,966
+14.1%
Investments
331
2.0
4.0
+16,450.0%
Cash and equivalents
1,549
1,437
1,398
+7.8%
Other assets
54,461
47,960
38,564
+13.6%
Total assets
56,341
49,399
39,966
+14.1%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.