Greenhill & Co. logo
Greenhill & Co. GHL
report update icon

Quarterly report 2023-Q3
added 05-16-2026

Greenhill & Co. Financial Ratios 2022-2007 | GHL

Brief overview of Greenhill & Co.'s financial ratios

Current figures are compared with the company's own five-year history for 2018–2022.

The valuation comparison uses P/E 62.36x (median 16.31x), P/B 2.52x (median 3.02x), P/CF 7.42x (median 5.5x). Multiples are on average 34.8% above their own medians. A substantial share of positive expectations may already be priced in.

The inverse P/E implies an earnings yield of 1.6%. This is not a dividend yield, but current earnings relative to market price.

End-period return metrics are ROE 4%, ROA 0.6%, ROCE 25.4%. Low capital returns limit the ability to compound value internally.

PEG of 0.34x shows valuation is not outpacing embedded growth. The conclusion depends on earnings durability.

Financial-company multiples cannot be compared directly with industrial businesses; P/B and sustainable capital returns remain central.

Conclusion

Greenhill & Co.'s profile looks stretched: price anticipates improvement that current quality ratios do not yet confirm.

Annual Financial Ratios Greenhill & Co.

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

62.4 7.5 6.9 33.0 16.3 -21.1 13.5 23.2 19.7 24.8 30.5 22.0 - - - -

P/S

0.8 1.0 0.7 1.2 1.8 2.3 2.4 2.3 3.1 4.0 4.5 3.3 - - - -

EPS

0.2 2.2 1.6 0.5 1.5 -0.8 1.9 0.8 1.4 1.6 1.4 1.4 1.1 2.4 1.7 -

EV (Enterprise Value)

572 M 646 M 600 M 698 M 907 M 697 M 888 M 664 M 887 M 1.19 B 1.32 B 1.03 B 57.6 M 26.1 M -62.8 M -192 M

EBITDA per Share

1.37 3.97 3.13 2.09 3.21 0.31 2.94 1.58 0.11 0.15 0.24 0.26 0.19 0.14 0.16 -

EV/EBITDA

22.9 8.5 10.1 13.9 10.5 69.6 9.4 13.5 274.6 266.5 181.8 129.1 9.6 6.3 -13.7 -

PEG

0.34 0.04 0.04 0.07 0.04 -0.08 0.05 0.09 141.45 8.33 -10.34 1.17 - - - -

P/B

2.5 3.0 2.4 8.1 10.3 2.7 2.8 2.1 3.3 4.2 4.2 2.8 - - - -

P/CF

7.4 2.4 2.6 25.3 5.5 37.0 6.6 6.4 8.3 17.1 13.5 10.1 - - - -

ROE %

4.04 40.32 35.58 24.57 62.89 -12.79 20.87 9.03 16.98 16.87 13.93 12.88 10.64 30.66 24.23 -

ROA %

0.59 7.44 5.35 2.22 8.08 -4.36 13.31 6.05 12.88 13.21 10.88 9.68 7.75 21.29 - -

ROCE %

25.41 67.91 62.73 10.29 21.91 1.27 23.31 12.30 23.51 23.22 20.91 19.22 - - - -

Current Ratio

1.2 1.2 1.2 1.1 1.1 1.5 2.8 3.0 4.1 4.7 4.6 4.1 3.7 3.3 - -

DSO

64.9 76.1 92.9 84.6 65.3 101.0 72.1 102.0 110.7 88.8 69.0 51.8 36.9 15.9 - -

DPO

35.3 31.8 26.2 30.2 30.5 28.2 19.2 23.4 27.7 24.9 28.1 32.3 30.1 17.2 - -

Operating Cycle

64.9 76.1 92.9 84.6 65.3 101.0 72.1 102.0 110.7 88.8 69.0 51.8 36.9 15.9 - -

Cash Conversion Cycle

29.6 44.3 66.7 54.5 34.9 72.8 53.0 78.6 83.1 63.9 40.9 19.5 6.8 -1.3 - -

All numbers in USD currency

Quarterly Financial Ratios Greenhill & Co.

2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2

EPS

-1.5 0.24 -1.27 - 0.79 -1.03 -0.66 - 1.06 -0.45 0.11 - -0.49 -0.79 -0.4 1.05 0.63 -0.53 -0.64 0.46 0.45 0.39 0.21 -0.85 -0.18 0.2 -0.02 0.74 0.41 0.62 0.14 0.25 0.02 0.3 0.25 0.51 0.66 0.27 0.01 0.53 0.06 0.52 0.45 0.5 0.28 0.07 0.53 0.53 0.28 0.69 -0.05 0.47 0.57

EBITDA per Share

-1.45 0.93 -1.34 - 1.46 -1.03 -0.73 - 1.79 -0.35 0.43 - -0.21 -0.69 -0.09 2.25 1.22 -0.17 -0.54 1.06 0.99 0.82 0.68 0.11 -0.27 0.35 0.12 1.15 0.66 0.99 0.25 - 0.03 0.03 0.02 - 0.03 0.03 0.03 - 0.03 0.03 0.06 - 0.06 0.06 0.06 - 0.07 0.06 0.06 0.06 0.05

ROE %

-109.47 -49.69 -72.46 -28.24 -3.28 -40.71 -0.57 14.53 -55.33 -191.42 -253.60 -256.16 -201.99 -79.48 -23.96 3.30 -33.23 -67.99 -2.12 49.36 19.15 -0.77 -8.79 -12.64 8.08 14.75 19.56 21.44 16.09 11.68 7.92 9.54 12.73 20.22 20.10 16.97 16.69 9.64 12.20 16.73 16.01 17.93 12.86 12.83 12.48 12.52 17.78 12.75 12.13 14.87 -0.44 4.03 5.36

ROA %

-6.54 -4.62 -7.80 -3.30 0.46 -3.94 0.15 2.46 0.60 -6.08 -6.16 -6.52 -1.63 3.49 3.70 1.95 -0.68 -1.62 3.09 7.64 1.09 -2.62 -3.09 -4.34 5.14 9.60 12.76 14.02 10.70 7.80 5.37 6.87 9.55 15.33 15.58 13.07 13.00 7.59 9.61 13.36 12.79 14.29 10.30 10.14 9.73 9.70 13.71 9.71 9.21 11.26 -0.33 2.99 4.05

ROCE %

-95.28 -25.70 -69.43 -20.47 17.14 -35.91 14.86 32.98 -19.79 -169.59 -182.58 -191.47 -99.02 42.65 126.95 109.05 51.24 -4.60 42.27 97.35 64.16 27.88 12.62 2.98 12.94 23.29 30.58 32.21 7.14 11.00 2.66 - - - - - - - - - - - - - - - - - - - - - -

Current Ratio

1.1 1.1 1.1 1.2 1.1 1.1 1.2 1.2 1.2 1.1 1.2 1.2 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.4 1.5 3.2 3.2 3.1 2.8 3.0 3.0 3.0 3.0 3.2 3.2 5.0 4.1 4.4 4.9 5.0 4.7 5.1 4.8 6.0 4.6 4.8 5.1 5.1 4.1 4.3 4.3 4.0 4.0 4.3

DSO

104.7 54.7 70.0 - 40.7 67.7 83.3 - 35.8 100.5 98.7 - 57.9 96.8 91.0 50.2 43.5 72.1 95.5 76.1 97.6 103.9 86.9 80.9 99.1 79.8 108.8 65.0 85.5 65.1 86.3 88.6 146.4 95.0 114.0 101.3 80.8 95.5 149.3 89.6 124.6 59.4 63.3 56.0 77.2 99.7 60.4 43.3 52.9 33.3 76.6 40.7 -

DPO

35.8 43.8 26.6 - 42.4 40.8 35.0 - 32.0 30.9 27.3 - 29.4 25.5 20.9 - 28.8 26.1 30.8 - 43.5 47.8 41.0 - 23.1 21.1 19.1 - 25.2 21.5 19.4 - 39.7 29.4 26.4 - 20.2 25.2 35.1 - 29.2 16.3 17.8 - 45.9 39.6 28.4 - 65.2 34.0 42.2 33.3 -

Operating Cycle

104.7 54.7 70.0 - 40.7 67.7 83.3 - 35.8 100.5 98.7 - 131.8 154.5 107.9 66.5 81.6 126.5 124.4 63.3 65.0 63.7 65.7 87.6 121.9 87.2 23968.3 61.2 38381.3 24288.2 22998.1 77.7 28402.1 22439.8 29128.5 97.4 23992.3 26089.5 28221.1 101.9 22875.8 28078.7 36209.7 53.8 8420.4 14400.0 13464.8 51.4 12122.8 19138.8 - - -

Cash Conversion Cycle

68.8 10.8 43.4 - -1.7 26.9 48.4 - 3.8 69.5 71.4 - 101.7 124.2 84.5 66.5 55.5 101.9 94.4 63.3 31.9 31.4 35.5 87.6 84.0 50.9 23942.7 61.2 38360.5 24269.0 22978.5 77.7 28372.8 22417.1 29102.7 97.4 23974.4 26066.0 28185.7 101.9 22830.9 28052.1 36186.7 53.8 8398.8 14374.8 13438.9 51.4 12076.4 19104.9 - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Greenhill & Co., allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Capital markets industry

Issuer Price % 24h Market Cap Country
Cowen Cowen
COWN
- - $ 1.1 B usaUSA
A-Mark Precious Metals A-Mark Precious Metals
AMRK
- - $ 675 M usaUSA
Mercurity Fintech Holding Mercurity Fintech Holding
MFH
- 2.62 % $ 691 M chinaChina
Associated Capital Group Associated Capital Group
AC
- -8.02 % $ 673 K usaUSA
ATIF Holdings Limited ATIF Holdings Limited
ATIF
- -7.31 % $ 6.56 M chinaChina
BGC Partners BGC Partners
BGCP
- 1.37 % $ 1.69 B usaUSA
The Charles Schwab Corporation The Charles Schwab Corporation
SCHW
$ 104.47 -1.41 % $ 188 B usaUSA
Stifel Financial Corp. Stifel Financial Corp.
SF
$ 81.92 -3.21 % $ 8.48 B usaUSA
Scully Royalty Ltd. Scully Royalty Ltd.
SRL
$ 4.95 -1.79 % $ 73.4 M canadaCanada
AMTD International Inc. AMTD International Inc.
HKIB
- 1.56 % $ 798 M hong-kongHong-kong
JMP Group LLC JMP Group LLC
JMP
- 0.27 % $ 150 M usaUSA
China Finance Online Co. Limited China Finance Online Co. Limited
JRJC
- -1.71 % $ 15.5 M chinaChina
National Holdings Corporation National Holdings Corporation
NHLD
- - $ 44.7 M usaUSA
UP Fintech Holding Limited UP Fintech Holding Limited
TIGR
$ 4.79 -0.21 % $ 12.7 B chinaChina
Heritage Global Heritage Global
HGBL
$ 1.2 -1.23 % $ 41.8 M usaUSA
Focus Financial Partners Focus Financial Partners
FOCS
- - $ 4.16 B usaUSA
GAMCO Investors GAMCO Investors
GBL
- -8.2 % $ 390 M usaUSA
Hudson Capital Hudson Capital
HUSN
- 5.06 % $ 12 M chinaChina
Westwood Holdings Group Westwood Holdings Group
WHG
$ 19.52 -1.11 % $ 163 M usaUSA
XP XP
XP
$ 16.31 -2.92 % $ 8.83 B brasilBrasil
Freedom Holding Corp. Freedom Holding Corp.
FRHC
$ 148.24 -4.13 % $ 8.89 B kazakhstanKazakhstan
The Goldman Sachs Group The Goldman Sachs Group
GS
$ 980.75 -5.09 % $ 307 B usaUSA
Donnelley Financial Solutions Donnelley Financial Solutions
DFIN
$ 51.39 -2.32 % $ 1.41 B usaUSA
Moelis & Company Moelis & Company
MC
$ 65.25 -4.87 % $ 5.13 B usaUSA
Evercore Evercore
EVR
$ 304.71 -10.51 % $ 11.8 B usaUSA
Raymond James Financial Raymond James Financial
RJF
$ 174.16 -1.82 % $ 35.2 B usaUSA
Houlihan Lokey Houlihan Lokey
HLI
$ 139.08 -4.39 % $ 9.26 B usaUSA
Morgan Stanley Morgan Stanley
MS
$ 203.13 -4.0 % $ 320 B usaUSA
Nomura Holdings Nomura Holdings
NMR
$ 9.67 0.62 % $ 28.5 q japanJapan
Piper Sandler Companies Piper Sandler Companies
PIPR
$ 73.82 -4.71 % $ 1.24 B usaUSA
PJT Partners PJT Partners
PJT
$ 165.08 -4.7 % $ 6.6 B usaUSA
Lazard Ltd Lazard Ltd
LAZ
$ 40.67 -4.89 % $ 3.96 B bermudaBermuda
Oppenheimer Holdings Oppenheimer Holdings
OPY
$ 109.79 -1.84 % $ 1.15 B usaUSA
LPL Financial Holdings LPL Financial Holdings
LPLA
$ 337.78 -1.35 % $ 26.6 B usaUSA
Interactive Brokers Group Interactive Brokers Group
IBKR
$ 86.26 -5.11 % $ 38 B usaUSA
Futu Holdings Limited Futu Holdings Limited
FUTU
$ 101.88 0.04 % $ 114 B chinaChina
MarketAxess Holdings MarketAxess Holdings
MKTX
$ 125.73 3.02 % $ 4.66 B usaUSA
Tradeweb Markets Tradeweb Markets
TW
$ 108.18 3.75 % $ 23.1 B usaUSA
StoneX Group StoneX Group
SNEX
$ 72.07 -2.98 % $ 3.42 B usaUSA
Virtu Financial Virtu Financial
VIRT
$ 57.93 -1.26 % $ 4.94 B usaUSA