Evertec, Inc.
Description
EVERTEC, Inc. engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. In addition, the company offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers services. Further, it provides business process management solutions comprising core bank processing, network hosting and management, IT professional, business process outsourcing, item and cash processing, and fulfillment solutions to merchant, fintech, financial institutions, and corporate and government customers. Additionally, the company owns and operates the ATH network, a personal identification number debit networks. It manages a system of electronic payment networks that process approximately six billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.
About
CEO
Mr. Morgan M. Schuessler Jr.
Employees
5,000
Instrument type
Common Stock
Sector
Technology
Industry
Software - Infrastructure
MIC code
XNYS
Address
Cupey Center Building, San Juan, PR 00926, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 4, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 26, 2025 | 0.74 | — | — | — |
| Nov 7, 2024 | 0.73 | 0.86 | 0.13 | 17.81% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 5 | — | 6 |
| Average estimate | — | 0.76 | — | 3.25 |
| Low estimate | — | 0.72 | — | 3.18 |
| High estimate | — | 0.80 | — | 3.30 |
| Last year EPS | — | 0.72 | — | 3.12 |
[stock_revenue_estimate]
Growth estimates
Current qtr
15.510%
Next qtr. (Mar 2025)
6.230%
Current year
10.540%
Next year (Dec 2025)
4.390%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 694.71M | 618.41M | 589.80M | 510.59M | 487.37M |
| Cost of revenue | 336.76M | 292.62M | 250.16M | 226.87M | 213.38M |
| Gross profit | 357.95M | 325.79M | 339.63M | 283.72M | 274.00M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 128.17M | 89.77M | 68.05M | 70.81M | 61.41M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 136.16M | 157.40M | 196.51M | 141.39M | 144.50M |
| Non operating interest income | |||||
| Income | 8.51M | 3.12M | 1.89M | 1.50M | 1.22M |
| Expense | 32.32M | 24.77M | 22.81M | 25.07M | 28.81M |
| Other income expense | -27.00M | 132.10M | 6.11M | 6.03M | -233,000 |
| Pretax income | 85.35M | 267.85M | 181.71M | 123.85M | 116.68M |
| Tax provision | 5.48M | 28.98M | 20.56M | 19.00M | 12.98M |
| Net income | 79.88M | 238.87M | 161.14M | 104.85M | 103.70M |
| Basic EPS | 1.23 | 3.48 | 2.24 | 1.45 | 1.44 |
| Diluted EPS | 1.21 | 3.45 | 2.21 | 1.43 | 1.41 |
| Basic average shares | 64.93M | 68.70M | 72.05M | 71.94M | 72.10M |
| Diluted average shares | 64.93M | 68.70M | 72.05M | 71.94M | 72.10M |
| EBITDA | 243.64M | 243.25M | 277.69M | 217.55M | 213.57M |
| Net income from continuing op. | 79.88M | 238.87M | 161.14M | 104.85M | 103.70M |
| Minority interests | -154,000 | 140,000 | -13,000 | -415,000 | -231,000 |
| Preferred stock dividends | — | — | — | — | 3,000 |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2.06B | 1.13B | 1.14B | 1.07B | 1.01B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 295.60M | 185.27M | 266.35M | 202.65M | 111.03M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 128.40M | 113.64M | 66.26M | 58.70M | 58.49M |
| Other receivables | 13.20M | 3.02M | 13.11M | 13.67M | 13.78M |
| Inventory | — | — | — | — | — |
| Prepaid assets | 32.40M | 16.35M | 12.15M | 10.56M | 9.48M |
| Restricted cash | 23.07M | 18.43M | 19.57M | 18.46M | 20.09M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 62.04M | 45.84M | 15.99M | 14.99M | 15.22M |
| Non current assets | |||||
| Properties | 202.56M | 178.68M | 162.59M | 152.44M | 146.93M |
| Land and improvements | 1.46M | 1.28M | 1.19M | 1.24M | 1.33M |
| Machinery furniture equipment | 10.28M | 9.15M | 7.72M | 6.69M | 6.94M |
| Construction in progress | — | — | — | — | — |
| Leases | 4.88M | 3.66M | 3.28M | 3.10M | 2.81M |
| Accumulated depreciation | -144.12M | -121.92M | -106.37M | -93.83M | -85.78M |
| Goodwill | 2.10B | 1.05B | 999.92M | 1.02B | 1.04B |
| Investment properties | — | — | — | — | — |
| Financial assets | 4.39M | 7.44M | — | — | — |
| Intangible assets | 518.07M | 200.32M | 213.29M | 219.91M | 241.94M |
| Investments and advances | 32.65M | 16.88M | 15.20M | 13.14M | 13.01M |
| Other non current assets | 74.85M | 22.28M | 16.94M | 12.04M | 8.18M |
| Total liabilities | 1.42B | 657.00M | 674.49M | 730.15M | 740.05M |
| Current liabilities | |||||
| Accounts payable | 66.52M | 29.73M | 28.48M | 43.35M | 39.17M |
| Accrued expenses | 129.16M | 80.67M | 74.54M | 58.03M | 58.16M |
| Short term debt | 30.56M | 46.69M | 25.33M | 20.08M | 20.02M |
| Deferred revenue | 21.06M | 15.23M | 17.40M | 24.96M | 20.67M |
| Tax payable | 3.40M | 9.41M | 7.13M | 6.57M | 6.30M |
| Pensions | — | — | — | — | — |
| Other current liabilities | 47.62M | 26.70M | — | — | — |
| Non current liabilities | |||||
| Long term debt | 955.85M | 400.29M | 461.24M | 503.44M | 535.63M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 87.92M | 10.11M | 2.37M | 2.75M | 4.26M |
| Derivative product liabilities | — | — | 13.39M | 25.58M | — |
| Other non current liabilities | 40.98M | 4.12M | 8.34M | 14.05M | 27.42M |
| Shareholders equity | |||||
| Common stock | 654,000 | 648,000 | 719,000 | 721,000 | 720,000 |
| Retained earnings | 538.90M | 487.35M | 506.05M | 379.93M | 296.48M |
| Other shareholders equity | 18.21M | -16.49M | -48.12M | -48.25M | -30.01M |
| Total shareholders equity | 635.38M | 474.75M | 470.27M | 342.43M | 271.62M |
| Additional paid in capital | 36.53M | — | 7.57M | 5.34M | — |
| Treasury stock | — | — | — | — | — |
| Minority interest | 41.08M | 3.24M | 4.06M | 4.69M | 4.44M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Net Income | 79.88M | 238.87M | 161.14M | 104.85M | 103.70M | 86.57M | 55.42M | 75.13M | 85.38M | 66.16M | -27.12M | 77.37M | 24.21M |
| Depreciation | 93.62M | 78.62M | 75.07M | 71.52M | 68.08M | 63.07M | 64.25M | 59.57M | 64.97M | 65.99M | 70.37M | 71.49M | 69.89M |
| Deferred Taxes | -16.14M | -435,000 | -2.83M | -3.91M | -6.39M | -4.61M | -4.31M | -4.59M | -3.09M | -3.70M | -3.42M | -66.57M | -22.08M |
| Stock-Based Compensation | 25.73M | 19.96M | 14.80M | 14.25M | 13.57M | 12.59M | 9.64M | 6.41M | 5.20M | 4.59M | 6.18M | 1.20M | 884,000 |
| Other Non-Cash Items | 8.56M | 8.35M | 7.74M | 7.86M | 9.15M | 4.32M | 5.13M | 4.33M | 3.33M | 3.09M | 3.91M | 7.09M | 4.61M |
| Accounts Receivable | -6.85M | -15.57M | -18.52M | 8.40M | -7.85M | -18.18M | -2.10M | -2.58M | -4.48M | -5.59M | 13.65M | -15.97M | 3.70M |
| Accounts Payable | — | 26.95M | -394,000 | -1.14M | -215,000 | 16.06M | -870,000 | 14.59M | 15.95M | -3.93M | -19.48M | 6.80M | -1.98M |
| Other Assets & Liabilities | -7.64M | -12.33M | -14.80M | 2.71M | 4.89M | 7.03M | 10.91M | 9.98M | -6.21M | 10.16M | 2.59M | -3.30M | 584,000 |
| Operating Cash Flow | 177.16M | 344.42M | 222.21M | 204.55M | 184.93M | 166.84M | 138.07M | 162.83M | 161.05M | 136.78M | 46.67M | 78.12M | 79.82M |
| Investing Activities | |||||||||||||
| Capital Expenditures | -21.43M | -27.00M | -24.30M | -17.08M | -22.89M | -13.91M | -11.26M | -18.37M | -21.01M | -10.84M | -11.68M | -16.50M | -8.85M |
| Net Intangibles | -63.52M | -55.46M | -56.55M | -31.56M | -36.87M | -27.39M | -22.17M | -23.82M | -25.96M | -14.71M | -16.73M | -10.90M | -14.47M |
| Net Acquisitions | -423.07M | -44.37M | — | — | -5.59M | — | -42.84M | -15.60M | — | — | — | — | -9.24M |
| Purchase of Investments | -962,000 | -7.52M | -2.97M | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | 1.05M | 1.02M | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -444.41M | -77.87M | -27.27M | -17.08M | -28.48M | -13.91M | -55.93M | -30.26M | -27.11M | -11.12M | -12.17M | -16.15M | -17.28M |
| Financing Activities | |||||||||||||
| Long-Term Debt Issuance | 651.00M | 415.00M | — | — | — | 545.00M | — | 75.76M | — | — | 700.00M | 208.73M | — |
| Long-Term Debt Payments | -181.46M | -468.36M | -33.70M | -32.80M | -15.14M | -626.21M | -22.16M | -98.95M | -20.54M | -20.20M | -768.84M | -225,000 | -39.26M |
| Other Financing Charges | -17.15M | -13.04M | -8.79M | -8.13M | -8.85M | -6.58M | -1.59M | -8.97M | -306,000 | -3.61M | -28.93M | -2.17M | — |
| Financing Cash Flow | 376.10M | -157.72M | -82.94M | -62.62M | -70.23M | -117.06M | -69.18M | -90.80M | -112.72M | -107.82M | -38.90M | -86.19M | -36.62M |
| Other Cash Details | |||||||||||||
| End Cash Position | 343.72M | 215.66M | 285.92M | 221.11M | 131.12M | 86.75M | 60.37M | 60.03M | 28.75M | 32.11M | 22.28M | 25.63M | 56.20M |
| Income Tax Paid | 36.25M | 32.83M | 25.72M | 22.67M | 18.70M | 9.75M | 9.93M | 8.70M | 5.68M | 976,000 | 2.34M | 2.84M | 1.64M |
| Interest Paid | 32.15M | 24.13M | 21.70M | 23.79M | 28.23M | 26.89M | 25.38M | 22.54M | 21.50M | 24.28M | 41.34M | 45.70M | 43.43M |
| Free Cash Flow | 139.31M | 140.83M | 146.76M | 150.45M | 120.08M | 131.42M | 112.32M | 125.79M | 115.44M | 114.21M | 34.19M | 55.16M | 45.94M |
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