Evertec is a leading full-service transaction processing business, providing a broad range of merchant acquiring, payment processing and business solutions services. The Company manages a system of electronic payment networks that process more than 2.1 billion transactions annually and offers a comprehensive suite of services for core bank processing, cash processing, and technology outsourcing. In addition, Evertec owns and operates the ATH® network, one of the leading personal identification number (“PIN”) debit networks. The Company serves a diversified customer base of leading financial institutions, merchants, corporations and government agencies with “mission-critical” technology solutions.

Employee Rating

3.6More
TypePublic
HQSan Juan, PR
Founded2004
Size (employees)1,650 (est)
Websiteevertecinc.com
Evertec was founded in 2004 and is headquartered in San Juan, PR
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Evertec Office Locations

Evertec has an office in San Juan
San Juan, PR (HQ)
Carr. PR-176, k.m. 1.3 Cupey Bajo
Show all (1)
Report incorrect company information

Evertec Financials and Metrics

Evertec Revenue

Evertec's revenue was reported to be $407.14 m in FY, 2017
USD

Revenue (Q3, 2018)

112.0m

Net income (Q3, 2018)

23.1m

EBIT (Q3, 2018)

32.4m

Market capitalization (14-Dec-2018)

2.0b

Closing stock price (14-Dec-2018)

27.4

Cash (30-Sep-2018)

91.3m

EV

2.5b
Evertec's current market capitalization is $2 b.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Revenue

357.2m389.5m407.1m

General and administrative expense

38.8m47.0m56.2m

Operating expense total

271.5m282.4m321.1m

Depreciation and amortization

70.4m59.6m64.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

87.4m87.2m91.1m88.6m93.2m92.8m95.5m97.7m94.5m101.3m103.5m102.7m110.3m113.3m112.0m

General and administrative expense

8.8m8.1m10.5m7.1m8.9m10.4m10.8m12.6m10.8m10.8m14.6m14.6m13.4m17.8m14.4m

Operating expense total

65.6m62.3m65.7m62.2m65.6m72.2m68.9m69.5m67.5m70.7m73.5m93.9m76.7m82.7m79.7m

Depreciation and amortization

17.7m16.6m16.4m16.5m16.0m16.9m14.7m14.9m14.9m15.7m15.9m16.6m15.9m15.7m15.8m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

22.5m28.7m51.9m50.4m

Accounts Receivable

68.4m73.7m77.8m83.3m

Current Assets

116.4m134.7m158.3m168.7m

PP&E

33.2m34.1m38.9m37.9m
Annual
USDFY, 2013FY, 2016FY, 2017

Net Income

(24.6m)75.1m55.4m

Depreciation and Amortization

70.4m59.6m64.3m

Accounts Payable

(16.7m)14.6m(870.0k)

Cash From Operating Activities

62.9m168.1m145.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(44.7m)18.2m36.0m55.1m19.1m39.3m52.8m19.2m39.4m59.1m23.1m43.4m49.5m23.1m43.2m66.3m

Depreciation and Amortization

53.1m16.6m33.0m49.5m16.8m32.8m49.8m14.7m29.6m44.5m15.7m31.6m48.2m15.9m31.6m47.4m

Accounts Payable

(18.5m)(8.0m)(4.1m)(7.4m)(1.6m)6.6m(8.1m)(6.8m)3.7m(15.3m)(9.2m)(9.1m)(4.9m)(8.9m)(3.7m)

Cash From Operating Activities

13.7m30.0m67.5m103.8m29.6m76.7m122.6m30.2m69.4m124.6m25.3m71.1m108.4m30.4m76.9m128.4m
USDY, 2018

EV/EBIT

76.3 x

EV/CFO

19.2 x

Financial Leverage

4.3 x
Show all financial metrics

Evertec Operating Metrics

Evertec's Enterprise Customers was reported to be 180 in FY, 2016.
FY, 2014FY, 2015FY, 2016

Enterprise Customers

180 180 180

Merchant Locations

27.50 k
Show all operating metrics

Evertec Revenue Breakdown

Embed Graph

Evertec revenue breakdown by business segment: 44.2% from Business Solutions, 34.2% from Payment Processing and 21.6% from Merchant Acquiring

Report incorrect company information

Evertec Online and Social Media Presence

Embed Graph
Report incorrect company information

Evertec Company Life and Culture

Report incorrect company information

Evertec Frequently Asked Questions

  • When was Evertec founded?

    Evertec was founded in 2004.

  • How many employees does Evertec have?

    Evertec has 1,650 employees.

  • What is Evertec revenue?

    Latest Evertec annual revenue is $407.1 m.

  • What is Evertec revenue per employee?

    Latest Evertec revenue per employee is $246.8 k.

  • Who are Evertec competitors?

    Competitors of Evertec include Chase Paymentech, Square and Higher One.

  • Where is Evertec headquarters?

    Evertec headquarters is located at Carr. PR-176, k.m. 1.3 Cupey Bajo, San Juan.

  • Where are Evertec offices?

    Evertec has an office in San Juan.

  • How many offices does Evertec have?

    Evertec has 1 office.