EVTC · Evertec, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $931.82M | $845.49M | $694.71M | $618.41M | $589.80M | $510.59M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $154.16M | $145.56M | $128.17M | $89.77M | $68.05M | $70.81M |
| Total Operating Expenses | $745.38M | $679.82M | $558.55M | $461.01M | $393.28M | $369.20M |
| D&A | $22.30M | $22.30M | $21.60M | $18.50M | $17.40M | $17.40M |
| Operating Income | $186.44M | $165.67M | $136.16M | $157.40M | $196.51M | $141.39M |
| Interest Expense | $68.28M | $74.73M | $32.32M | $24.77M | $22.81M | $25.07M |
| Income Tax | $9.81M | $4.85M | $5.48M | $28.98M | $20.56M | $19.00M |
| Net Income | $141.59M | $112.62M | $79.72M | $239.01M | $161.13M | $104.44M |
| EPS - Basic | $2.22 | $1.75 | $1.23 | $3.48 | $2.24 | $1.45 |
| EPS - Diluted | $2.20 | $1.73 | $1.21 | $3.45 | $2.21 | $1.43 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $305.99M | $273.64M | $295.60M | $197.23M | $266.35M | $202.65M |
| Accounts Receivable | $164.38M | $137.50M | $126.51M | $131.08M | $113.28M | $95.73M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $63.73M | $58.73M | $66.52M | $46.75M | $28.48M | $43.35M |
| Current Assets | $590.77M | $529.07M | $561.35M | $389.13M | $436.35M | $359.05M |
| Total Assets | $2.24B | $1.86B | $2.06B | $1.13B | $1.14B | $1.07B |
| Current Liabilities | $285.04M | $279.66M | $298.31M | $208.41M | $152.88M | $152.99M |
| Long-term Debt | $1.05B | $925.06M | $946.82M | $389.50M | $444.79M | $481.04M |
| Total Liabilities | $1.53B | $1.34B | $1.42B | $657.00M | $674.49M | $730.15M |
| Stockholders' Equity | $621.61M | $472.52M | $594.29M | $471.51M | $466.21M | $337.74M |
| Retained Earnings | $687.70M | $599.61M | $538.90M | $487.35M | $506.05M | $379.93M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $227.01M | $260.06M | $224.29M | $223.36M | $228.42M | $199.09M |
| Investing Cash Flow | ($238.24M) | ($118.28M) | ($507.93M) | ($133.32M) | ($83.82M) | ($48.63M) |
| Financing Cash Flow | $28.45M | ($152.56M) | $403.27M | ($156.77M) | ($81.28M) | ($62.62M) |
| CapEx | $23.34M | $25.38M | $21.45M | $27.07M | $25.10M | $17.08M |
| Free Cash Flow | $203.67M | $234.68M | $202.84M | $196.29M | $203.32M | $182.01M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 20.0% | 19.6% | 19.6% | 25.5% | 33.3% | 27.7% |
| EBITDA margin | 22.4% | 22.2% | 22.7% | 28.4% | 36.3% | 31.1% |
| Net margin | 15.2% | 13.3% | 11.5% | 38.6% | 27.3% | 20.5% |
| Free cash flow margin | 21.9% | 27.8% | 29.2% | 31.7% | 34.5% | 35.6% |
| FCF / Net income | 1.44 | 2.08 | 2.54 | 0.82 | 1.26 | 1.74 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 16.5% | 17.2% | 18.4% | 14.5% | 11.5% | 13.9% |
| Effective tax rate | 6.5% | 4.1% | 6.4% | 10.8% | 11.3% | 15.4% |
| Return on assets | 6.3% | 6.1% | 3.9% | 21.1% | 14.1% | 9.7% |
| Return on equity | 22.8% | 23.8% | 13.4% | 50.7% | 34.6% | 30.9% |
| Return on invested capital | 10.4% | 11.4% | 8.3% | 16.3% | 19.1% | 14.6% |
| Liquidity | ||||||
| Current ratio | 2.07 | 1.89 | 1.88 | 1.87 | 2.85 | 2.35 |
| Quick ratio | 2.07 | 1.89 | 1.88 | 1.87 | 2.85 | 2.35 |
| Cash ratio | 1.07 | 0.98 | 0.99 | 0.95 | 1.74 | 1.32 |
| Leverage | ||||||
| Debt / Equity | 1.69 | 1.96 | 1.59 | 0.83 | 0.95 | 1.42 |
| Debt / Assets | 0.47 | 0.50 | 0.46 | 0.34 | 0.39 | 0.45 |
| Debt / EBITDA | 5.04 | 4.92 | 6.00 | 2.21 | 2.08 | 3.03 |
| Interest coverage | 2.7x | 2.2x | 4.2x | 6.4x | 8.6x | 5.6x |
| Equity multiplier | 3.61 | 3.93 | 3.47 | 2.40 | 2.46 | 3.18 |
| Liabilities / Assets | 0.68 | 0.72 | 0.69 | 0.58 | 0.59 | 0.68 |
| Efficiency | ||||||
| Asset turnover | 0.42 | 0.46 | 0.34 | 0.55 | 0.52 | 0.48 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 64d | 59d | 66d | 77d | 70d | 68d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 13.2x | 20.0x | 33.8x | 9.4x | 22.6x | 27.5x |
| P / B | 3.0x | 4.8x | 4.5x | 4.8x | 7.8x | 8.5x |
| P / S | 2.0x | 2.7x | 3.9x | 3.6x | 6.2x | 5.6x |
| EV / EBITDA | 12.6x | 15.4x | 21.2x | 13.9x | 17.9x | 19.8x |
| Growth | ||||||
| Revenue growth (YoY) | 10.2% | 21.7% | 12.3% | 4.9% | 15.5% | 4.8% |
| Revenue CAGR (3y) | 14.6% | 12.8% | 10.8% | 8.3% | 9.1% | 7.8% |
| Revenue CAGR (5y) | 12.8% | 11.6% | 8.9% | 8.7% | 8.7% | 6.5% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 12.5% | 21.7% | -13.5% | -19.9% | 39.0% | -2.2% |
| Net income growth (YoY) | 25.7% | 41.3% | -66.6% | 48.3% | 54.3% | 0.9% |
| EPS growth (YoY) | 27.2% | 43.0% | -64.9% | 56.1% | 54.5% | 1.4% |
| EPS CAGR (3y) | -13.9% | -7.8% | -5.4% | 34.8% | 24.0% | 23.5% |
| EPS CAGR (5y) | 9.0% | 4.2% | 0.8% | 35.3% | 17.0% | 5.2% |
| FCF growth (YoY) | -13.2% | 15.7% | 3.3% | -3.5% | 11.7% | 16.0% |
| FCF CAGR (5y) | 2.3% | 8.4% | 5.0% | 4.6% | 6.3% | 5.2% |
| Book value growth (YoY) | 31.6% | -20.5% | 26.0% | 1.1% | 38.0% | 26.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$350.70M totalMerchant Acquiring Net$189.91M · 54.2%
Payment Processing LATAM$142.60M · 40.7%
Latin America Payments And Solutions$9.61M · 2.7%
Business Solutions$8.36M · 2.4%
Payment Services Puerto Rico Caribbean$215.0K · 0.1%
Product / service
($101.00M) totalTransaction Processing And Monitoring Fees($14.50M) · 0.0%
Software Sale And Developments($26.60M) · 0.0%
Payment Processing($59.90M) · 0.0%
Geographic
$931.82M totalPR$567.68M · 60.9%
Latin America$342.90M · 36.8%
Caribbean$21.24M · 2.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.20
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing EVERTEC against the 5 most active filers in the same SIC group.
Dividends
$0.15/share trailing 12 months · -25.0% YoY
| Ex-date | Per share |
|---|---|
| May 11, 2026 | $0.0500 |
| Mar 2, 2026 | $0.0500 |
| Aug 4, 2025 | $0.0500 |
| May 13, 2025 | $0.0500 |
| Mar 3, 2025 | $0.0500 |
| Oct 28, 2024 | $0.0500 |
| Jul 29, 2024 | $0.0500 |
| Apr 26, 2024 | $0.0500 |
| Feb 26, 2024 | $0.0500 |
| Oct 27, 2023 | $0.0500 |
| Jul 28, 2023 | $0.0500 |
| Apr 28, 2023 | $0.0500 |
| Feb 27, 2023 | $0.0500 |
| Oct 31, 2022 | $0.0500 |
| Aug 5, 2022 | $0.0500 |
| Apr 29, 2022 | $0.0500 |
| Feb 24, 2022 | $0.0500 |
| Oct 29, 2021 | $0.0500 |
| Jul 30, 2021 | $0.0500 |
| Apr 30, 2021 | $0.0500 |
| Feb 26, 2021 | $0.0500 |
| Oct 30, 2020 | $0.0500 |
| Jul 31, 2020 | $0.0500 |
| May 1, 2020 | $0.0500 |