8-K Announcements
6Apr 28, 2026·SEC
Feb 3, 2026·SEC
Nov 26, 2025·SEC
PJT Partners Inc. (PJT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PJT Partners Inc. (PJT) stock price & volume — 10-year historical chart
PJT Partners Inc. (PJT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
PJT Partners Inc. (PJT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $1.54vs $1.51+2.0% | $418Mvs $409M+2.2% |
| Q1 2026 | Feb 3, 2026 | $2.55vs $2.41+5.8% | $535Mvs $535M+0.1% |
| Q4 2025 | Nov 4, 2025 | $1.85vs $1.24+49.2% | $447Mvs $520M-14.1% |
| Q3 2025 | Jul 29, 2025 | $1.54vs $1.36+13.2% | $407Mvs $410M-0.7% |
PJT Partners Inc. (PJT) competitors in Investment Banking and M&A Advisory — business model, growth, and fundamentals comparison
PJT Partners Inc. (PJT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PJT Partners Inc. (PJT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.73M | 8.14M |
| NII Growth % | - | - | - | - | - | - | - | - | - | 0% |
| Net Interest Margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.66% | 0.52% |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.73M | 8.14M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Loan Loss Provision | 391.51M | 424.46M | 502.17M | 683.39M | 640.04M | 669.14M | 805.38M | 1.03B | 1.16B | 1.22B |
| Non-Interest Income | 499.28M | 580.25M | 717.64M | 1.05B | 991.95M | 1.03B | 1.15B | 1.49B | 1.68B | 1.8B |
| Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 98.15% | 99.55% |
| Total Revenue | 499.28M▲ 0% | 580.25M▲ 16.2% | 717.64M▲ 23.7% | 1.05B▲ 46.6% | 991.95M▼ 5.7% | 1.03B▲ 3.4% | 1.15B▲ 12.5% | 1.49B▲ 29.5% | 1.71B▲ 14.8% | 1.81B▲ 0% |
| Revenue Growth % | -0.03% | 16.22% | 23.68% | 46.63% | -5.74% | 3.38% | 12.45% | 29.48% | 14.77% | 90.97% |
| Non-Interest Expense | 78.69M | 93.64M | 106.9M | 94.36M | 106.52M | 125.23M | 149.99M | 171.25M | 192.86M | 157.11M |
| Efficiency Ratio | 15.76% | 16.14% | 14.9% | 8.97% | 10.74% | 12.21% | 13.01% | 11.47% | 11.25% | 8.69% |
| Operating Income | 29.07M▲ 0% | 62.15M▲ 113.8% | 108.57M▲ 74.7% | 274.54M▲ 152.9% | 245.39M▼ 10.6% | 231.13M▼ 5.8% | 197.8M▼ 14.4% | 289.85M▲ 46.5% | 362.86M▲ 25.2% | 384.62M▲ 0% |
| Operating Margin % | 5.82% | 10.71% | 15.13% | 26.09% | 24.74% | 22.54% | 17.15% | 19.41% | 21.17% | 21.28% |
| Operating Income Growth % | -26.04% | 113.76% | 74.7% | 152.87% | -10.62% | -5.81% | -14.42% | 46.54% | 25.19% | - |
| Pretax Income | 10.05M▲ 0% | 41.51M▲ 312.9% | 82.19M▲ 98.0% | 247.96M▲ 201.7% | 219.45M▼ 11.5% | 201.47M▼ 8.2% | 177.61M▼ 11.8% | 270.57M▲ 52.3% | 342.92M▲ 26.7% | 370.73M▲ 0% |
| Pretax Margin % | 2.01% | 7.15% | 11.45% | 23.56% | 22.12% | 19.65% | 15.4% | 18.12% | 20.01% | 20.51% |
| Income Tax | 38.38M | -1.04M | 18.4M | 35.53M | 29.49M | 36.7M | 31.93M | 32.1M | 33.18M | 45.9M |
| Effective Tax Rate % | 381.74% | -2.52% | 22.39% | 14.33% | 13.44% | 18.22% | 17.98% | 11.86% | 9.68% | 12.38% |
| Net Income | -32.55M▲ 0% | 27.17M▲ 183.5% | 29.56M▲ 8.8% | 117.55M▲ 297.6% | 106.17M▼ 9.7% | 90.53M▼ 14.7% | 81.8M▼ 9.6% | 134.39M▲ 64.3% | 180.12M▲ 34.0% | 186.6M▲ 0% |
| Net Margin % | -6.52% | 4.68% | 4.12% | 11.17% | 10.7% | 8.83% | 7.09% | 9% | 10.51% | 10.32% |
| Net Income Growth % | -972.97% | 183.46% | 8.8% | 297.64% | -9.68% | -14.73% | -9.65% | 64.3% | 34.02% | 19.78% |
| Net Income (Continuing) | -28.33M | 42.56M | 63.79M | 212.43M | 189.96M | 164.77M | 145.68M | 238.47M | 309.74M | 324.83M |
| EPS (Diluted) | -1.73▲ 0% | 1.16▲ 167.1% | 1.21▲ 4.3% | 4.40▲ 263.6% | 3.99▼ 9.3% | 3.51▼ 12.0% | 4.89▲ 39.3% | 4.92▲ 0.6% | 6.68▲ 35.8% | 4.31▲ 0% |
| EPS Growth % | -917.65% | 167.05% | 4.31% | 263.64% | -9.32% | -12.03% | 39.32% | 0.61% | 35.77% | 20.99% |
| EPS (Basic) | -1.73 | 1.29 | 1.27 | 7.75 | 6.77 | 3.61 | 5.18 | 5.28 | 7.00 | - |
| Diluted Shares Outstanding | 18.86M | 24.25M | 25.01M | 43.13M | 42.36M | 26.62M | 26.77M | 44.11M | 28.61M | 43.28M |
PJT Partners Inc. (PJT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 145.62M | 106.11M | 215.95M | 299.51M | 200.48M | 173.24M | 355.54M | 483.88M | 585.8M | 1.51B |
| Cash & Due from Banks | 145.62M | 106.11M | 215.95M | 299.51M | 200.48M | 173.24M | 355.54M | 483.88M | 538.86M | 308.78M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46.94M | 0 |
| Total Investments | 37.12M | 2.16M | 1.54M | 137.89M | 0 | 50.24M | 81.38M | 62.91M | 46.94M | 0 |
| Investments Growth % | - | -94.19% | -28.47% | 8836.42% | -100% | - | 61.98% | -22.7% | -25.39% | -233.02% |
| Long-Term Investments | 37.12M | 2.16M | 1.54M | 137.89M | 0 | 50.24M | 81.38M | 62.91M | 0 | 224.47M |
| Accounts Receivables | 112.69M | 217.77M | 227.52M | 233.17M | 289.27M | 317.75M | 263.53M | 320.78M | 404.32M | 0 |
| Goodwill & Intangibles | 84.58M | 225.19M | 212.53M | 204.75M | 197.11M | 190.6M | 185.69M | 204.65M | 199.07M | 197.8M |
| Goodwill | 72.29M | 176.03M | 172.72M | 172.72M | 172.72M | 172.72M | 172.72M | 191.61M | 191.61M | 191.61M |
| Intangible Assets | 12.29M | 49.16M | 39.81M | 32.03M | 24.39M | 17.88M | 12.96M | 13.03M | 7.45M | 6.18M |
| PP&E (Net) | 33.79M | 34.8M | 203.64M | 189.63M | 175.06M | 149.72M | 325.1M | 335.04M | 752.87M | 766.5M |
| Other Assets | 101.16M | 26.93M | 43.36M | 53.33M | 61.92M | 99.93M | 151.28M | 142.89M | -130M | 0 |
| Total Current Assets | 258.31M | 323.88M | 443.47M | 532.68M | 489.75M | 490.99M | 619.07M | 804.66M | 990.12M | 657.72M |
| Total Non-Current Assets | 300.66M | 347.94M | 509.31M | 638.93M | 497.88M | 559.67M | 815.91M | 830.67M | 916.89M | 1.06B |
| Total Assets | 558.97M▲ 0% | 671.82M▲ 20.2% | 952.78M▲ 41.8% | 1.17B▲ 23.0% | 987.63M▼ 15.7% | 1.05B▲ 6.4% | 1.43B▲ 36.6% | 1.64B▲ 14.0% | 1.91B▲ 16.6% | 1.56B▲ 0% |
| Asset Growth % | -5.34% | 20.19% | 41.82% | 22.97% | -15.7% | 6.38% | 36.58% | 13.96% | 16.61% | 45.41% |
| Return on Assets (ROA) | -5.66% | 4.42% | 3.64% | 11.07% | 9.83% | 8.88% | 6.58% | 8.75% | 10.17% | 11.14% |
| Accounts Payable | 16.87M | 24.66M | 24.77M | 25.94M | 23.75M | 24.78M | 22.3M | 33.62M | 0 | 0 |
| Total Debt | 0 | 30M | 204.42M | 172.29M | 157.01M | 135.63M | 330.6M | 354.52M | 413.92M | 0 |
| Net Debt | -145.62M | -76.11M | -11.53M | -127.22M | -43.47M | -37.61M | -24.94M | -129.36M | -124.94M | -308.78M |
| Long-Term Debt | 0 | 30M | 21.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.78M | 0 |
| Other Liabilities | 113.6M | 98.2M | 106.56M | 253.46M | 121.72M | 83.92M | 174.4M | 299.25M | 409.62M | 615.61M |
| Total Current Liabilities | 22.52M | 48.01M | 53.09M | 58.01M | 71.32M | 71.55M | 68.81M | 79.92M | 35.78M | 18.45M |
| Total Non-Current Liabilities | 113.99M | 136.06M | 325.17M | 425.75M | 278.73M | 219.55M | 505M | 653.77M | 862.19M | 615.61M |
| Total Liabilities | 136.51M | 184.07M | 378.26M | 483.76M | 350.05M | 291.09M | 573.81M | 733.69M | 897.97M | 634.06M |
| Total Equity | 422.45M▲ 0% | 487.75M▲ 15.5% | 574.52M▲ 17.8% | 687.85M▲ 19.7% | 637.57M▼ 7.3% | 759.56M▲ 19.1% | 861.16M▲ 13.4% | 901.64M▲ 4.7% | 1.01B▲ 11.9% | 929.72M▲ 0% |
| Equity Growth % | 5035.21% | 15.46% | 17.79% | 19.73% | -7.31% | 19.13% | 13.38% | 4.7% | 11.91% | 30.47% |
| Equity / Assets (Capital Ratio) | 75.58% | 72.6% | 60.3% | 58.71% | 64.56% | 72.29% | 60.01% | 55.14% | 52.91% | 59.45% |
| Return on Equity (ROE) | -15.73% | 5.97% | 5.57% | 18.62% | 16.02% | 12.96% | 10.09% | 15.25% | 18.85% | 20.08% |
| Book Value per Share | 22.40 | 20.11 | 22.97 | 15.95 | 15.05 | 28.54 | 32.17 | 20.44 | 35.27 | 21.48 |
| Tangible BV per Share | 17.92 | 10.83 | 14.47 | 11.20 | 10.40 | 21.38 | 25.24 | 15.80 | 28.31 | 16.91 |
| Common Stock | 186K | 240K | 251K | 267K | 292K | 310K | 324K | 340K | 360K | 380K |
| Additional Paid-in Capital | 30.67M | 210.94M | 290.9M | 349.36M | 391.24M | 502.58M | 619.7M | 688.7M | 845.06M | 0 |
| Retained Earnings | -185.99M | -169.84M | -144.92M | -33.13M | -4.93M | 60.97M | 118.33M | 228.59M | 384.19M | 438.16M |
| Accumulated OCI | 155K | -627K | 146K | 1.41M | 631K | -2.27M | -467K | -1.66M | 2.83M | 1.86M |
| Treasury Stock | -2.3M | -67.17M | -114.98M | -163.66M | -267M | -376.48M | -493.22M | -728.96M | -924.18M | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PJT Partners Inc. (PJT) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 111.22M | 122.94M | 211.26M | 469.44M | 124.16M | 242.73M | 441.53M | 530.95M | 526.3M | 526.3M |
| Operating CF Growth % | -4.82% | 10.54% | 71.84% | 122.21% | -73.55% | 95.5% | 81.9% | 20.25% | -0.88% | 204.47% |
| Net Income | -28.33M | 42.56M | 63.79M | 212.43M | 189.96M | 164.77M | 145.68M | 238.47M | 180.12M | 186.6M |
| Depreciation & Amortization | 8.14M | 9.97M | 32.81M | 36.36M | 34.92M | 36.21M | 36.66M | 28.67M | 31.25M | 32.38M |
| Deferred Taxes | 30.96M | -7.83M | 11.51M | 6.91M | 7.1M | 1.78M | -1.93M | -8.52M | 0 | 0 |
| Other Non-Cash Items | -2.32M | 708K | 3.42M | -3.02M | -1.8M | 5.61M | 3.95M | 1.82M | 356.09M | -4.99M |
| Working Capital Changes | -13.17M | -40.46M | -11.83M | 95.85M | -214.92M | -131.17M | 78.63M | 61.33M | -41.15M | 206.69M |
| Cash from Investing | -38.24M | -31.49M | -1.72M | -145.75M | 131.35M | -53.23M | -34.35M | 8.06M | -28.55M | -97.25M |
| Purchase of Investments | -57.16M | -22M | -11.25M | -278.06M | -97.64M | -143.93M | -328.77M | -369.99M | -182.39M | -416.83M |
| Sale/Maturity of Investments | 19.99M | 59.18M | 10.86M | 141.16M | 235.46M | 94.13M | 298.35M | 392.07M | 199.71M | 376.49M |
| Net Investment Activity | -37.17M | 37.18M | -394K | -136.9M | 137.82M | -49.8M | -30.42M | 22.09M | 17.32M | -40.34M |
| Acquisitions | 0 | -61.46M | 0 | 0 | 0 | 0 | 0 | -10.73M | 0 | -10.73M |
| Other Investing | 0 | 0 | 7.49M | 0 | 0 | 0 | 0 | 0 | 0 | -36.61M |
| Cash from Financing | -79.64M | -130.68M | -101.15M | -244.28M | -353.38M | -210.02M | -228.08M | -408.68M | -453.79M | -459.54M |
| Dividends Paid | -3.8M | -4.32M | -4.64M | -4.82M | -77.97M | -24.63M | -24.44M | -24.13M | -24.52M | -24.79M |
| Share Repurchases | -2.3M | -64.87M | -47.81M | -48.67M | -103.34M | -109.48M | -116.74M | -235.1M | -195.22M | 61.13M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -2.3M | -64.87M | -47.81M | -48.67M | -103.34M | -109.48M | -116.74M | -235.1M | -195.22M | 61.13M |
| Debt Issuance (Net) | -97K | 1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -73.44M | -91.39M | -40.19M | -169.28M | -172.07M | -75.91M | -86.9M | -149.45M | -234.05M | -557.17M |
| Net Change in Cash | -6.81M▲ 0% | -39.51M▼ 480.0% | 109.84M▲ 378.0% | 83.56M▼ 23.9% | -99.03M▼ 218.5% | -27.25M▲ 72.5% | 182.31M▲ 769.1% | 128.33M▼ 29.6% | 54.98M▼ 57.2% | 114.5M▲ 0% |
| Exchange Rate Effect | -151K | -276K | 1.45M | 4.15M | -1.16M | -6.72M | 3.2M | -1.99M | 11.02M | 4.81M |
| Cash at Beginning | 152.43M | 145.62M | 106.11M | 215.95M | 299.51M | 200.48M | 173.24M | 355.54M | 483.88M | 538.86M |
| Cash at End | 145.62M | 106.11M | 215.95M | 299.51M | 200.48M | 173.24M | 355.54M | 483.88M | 538.86M | 308.78M |
| Interest Paid | 0 | 368K | 1.39M | 116K | 10K | 133K | 20K | 0 | 0 | 0 |
| Income Taxes Paid | 15.11M | 501K | 3.84M | 36.16M | 30.93M | 28.58M | 23.29M | 36.08M | 0 | 7.69M |
| Free Cash Flow | 110.15M▲ 0% | 115.73M▲ 5.1% | 202.45M▲ 74.9% | 460.59M▲ 127.5% | 117.69M▼ 74.4% | 239.3M▲ 103.3% | 437.61M▲ 82.9% | 527.65M▲ 20.6% | 480.44M▼ 8.9% | 614.35M▲ 0% |
| FCF Growth % | 6.16% | 5.07% | 74.93% | 127.51% | -74.45% | 103.33% | 82.87% | 20.58% | -8.95% | 25.65% |
PJT Partners Inc. (PJT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -15.73% | 5.97% | 5.57% | 18.62% | 16.02% | 12.96% | 10.09% | 15.25% | 18.85% | 20.08% |
| Return on Assets (ROA) | -5.66% | 4.42% | 3.64% | 11.07% | 9.83% | 8.88% | 6.58% | 8.75% | 10.17% | 11.14% |
| Net Interest Margin | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.66% | 0.52% |
| Efficiency Ratio | 15.76% | 16.14% | 14.9% | 8.97% | 10.74% | 12.21% | 13.01% | 11.47% | 11.25% | 8.69% |
| Equity / Assets | 75.58% | 72.6% | 60.3% | 58.71% | 64.56% | 72.29% | 60.01% | 55.14% | 52.91% | 59.45% |
| Book Value / Share | 22.4 | 20.11 | 22.97 | 15.95 | 15.05 | 28.54 | 32.17 | 20.44 | 35.27 | 21.48 |
| Dividend Payout | - | 15.9% | 15.71% | 4.1% | 73.44% | 27.21% | 29.87% | 17.96% | 13.61% | 9.79% |
PJT Partners Inc. (PJT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 28, 2026·SEC
Feb 3, 2026·SEC
Nov 26, 2025·SEC
PJT Partners Inc. (PJT) stock FAQ — growth, dividends, profitability & financials explained
PJT Partners Inc. (PJT) grew revenue by 14.8% over the past year. This is steady growth.
Yes, PJT Partners Inc. (PJT) is profitable, generating $186.6M in net income for fiscal year 2025 (10.5% net margin).
Yes, PJT Partners Inc. (PJT) pays a dividend with a yield of 0.56%. This makes it attractive for income-focused investors.
PJT Partners Inc. (PJT) has a return on equity (ROE) of 18.9%. This is reasonable for most industries.
PJT Partners Inc. (PJT) has a net interest margin (NIM) of 1.7%. NIM has been under pressure due to interest rate environment.
PJT Partners Inc. (PJT) has an efficiency ratio of 11.3%. This is excellent, indicating strong cost control.
PJT Partners Inc. (PJT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates