PJT Partners Inc.

PJT Partners Inc.

PJTยทNYSE

$154.84

-0.90%
Financial ServicesFinancial - Capital Markets

PJT Partners Inc., an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also advises private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; and strategic investor relations; environmental, social, and governance matters; and other investor-related matters. In addition, it provides advisory services related to debt and acquisition financings; structured product offerings; public equity raises, including initial public offering and SPAC offerings; and private capital raises for early and later stage companies, as well as other capital structure related matters. Further, the company offers advisory services in restructurings and recapitalizations; and serving a range of companies, creditors, and financial sponsors on liability management and related capital raise transactions, including exchanges, recapitalizations, reorganizations, debt repurchases, and distressed mergers and acquisitions. Additionally, it provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to GPs and LPs on liquidity and other structured solutions in the secondary market. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$4.00B
EPS7.0000
P/E Ratio22.12
Earnings Date07/28/2026
3Y+67.0%
5Y+63.0%
10Y+243.0%
3Y+99.0%
5Y+53.0%
10Y-6037.0%
3Y+117.0%
5Y+12.0%
10Y+350.0%
PJT Partners Inc.

PJT Partners Inc. Profit Bridge

PJT ยท NYSE
Revenue1.71B
Cost of Goods Sold (1.16B)
Gross Profit555.72M
Operating Expenses (192.86M)
Operating Income362.86M
Interest Expense (0.00)
Other Income/Expense-19.94M
Pretax Income342.92M
Income Tax (33.18M)
Net Income180.12M
Net Income
180.12M

Profitability Analysis

Gross Margin

32.4%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

21.2%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

10.5%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

9.7%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

PJT Partners Inc. Income Statement

PJT โ€ข NYSE

PJT Partners Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
REVENUE
1.7B
1.5B
1.2B
1B
991.9M
1.1B
717.6M
580.2M
499.3M
499.4M
405.9M
401.1M
397M
354.6M
GROSS PROFIT
(1.2B)
(1B)
(805.4M)
(669.1M)
(640M)
(683.4M)
(502.2M)
(424.5M)
(391.5M)
(381M)
(315.2M)
(317.5M)
(339.8M)
(318.3M)
555.7M
461.1M
347.8M
356.4M
351.9M
368.9M
215.5M
155.8M
107.8M
118.4M
90.7M
83.6M
57.2M
36.4M
OPERATING INCOME
(192.9M)
(171.3M)
(150M)
(125.2M)
(106.5M)
(94.4M)
(106.9M)
(93.6M)
(78.7M)
(79.1M)
(89.1M)
(64.6M)
(63.3M)
(57.5M)
(133.5M)
(121.5M)
(104.8M)
(79.4M)
(80M)
(72M)
(66.7M)
(60.3M)
(56.9M)
(53.6M)
(60.1M)
(43.5M)
(40.8M)
(43.9M)
362.9M
289.9M
197.8M
231.1M
245.4M
274.5M
108.6M
62.1M
29.1M
39.3M
1.7M
19M
-6.1M
-21.1M
PRE-TAX INCOME
31.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
(59.3M)
(49.8M)
(45.2M)
(45.9M)
(26.6M)
(22.4M)
(40.2M)
(33.3M)
(21.8M)
(25.5M)
(29M)
(21.2M)
(22.5M)
(13.6M)
-19.9M
-19.3M
-20.2M
-29.7M
-25.9M
-26.6M
-26.4M
-20.6M
-19M
-24.8M
-7.6M
-11.4M
-7.7M
-18M
342.9M
270.6M
177.6M
201.5M
219.4M
248M
82.2M
41.5M
10.1M
14.5M
-5.9M
7.5M
-13.8M
-39.2M
NET INCOME
(33.2M)
(32.1M)
(31.9M)
(36.7M)
(29.5M)
(35.5M)
(18.4M)
-1M
(38.4M)
(9.4M)
(239K)
(3M)
(3.4M)
(3.4M)
180.1M
134.4M
81.8M
90.5M
106.2M
117.5M
29.6M
27.2M
-32.6M
-3M
7.6M
4.5M
-17.2M
-42.5M

SEC Filings

PJT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 29, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 03, 2026
February 03, 2026
2026
8-K

8-K 2025

N/A

November 26, 2025
November 26, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
8-K

8-K 2025

N/A

July 31, 2025
July 30, 2025
2025
10-Q

10-Q 2025 Q2

Q2

July 31, 2025
June 30, 2025
2025
Showing 1 to 10 of 128 filings