PJT

MKT CAP:$4B

PJT Partners Inc.

Market Cap

$4B

Financial Services·Financial - Capital Markets·🇺🇸 United States·NYSE

Financials·Financial·🇺🇸·NYSE

Stock Price

$154.11-$15.43 (-9.10%)

Apr 23, 2026

Company Details

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 govern...

CEO

Paul Jeffrey Taubman

IPO Date

Sep 22, 2015

Website

www.pjtpartners.com

Key Metrics TTM

Revenue

$535M

— YoY

Net Income

$53M

EPS (Diluted)

$1.97

Free Cash Flow

$139M

Revenue / Share

$18.59

Gross Margin

99.4%

Operating Margin

22.9%

Net Margin

10.0%

FCF Margin

25.9%

P/S

6.9x

P/E

69.2x

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Feb 26, 2026

$1.7BEPS $6.68

Q4 2025

Feb 26, 2026

$535MEPS $1.97

FY 2014

Dec 30, 2014

$401M+1.0%EPS $0.25

FY 2013

Dec 30, 2013

$397M+11.9%EPS -$0.96

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 25	$535M	$532M	$123M

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 25	$156M	$139M

Capital Expenditures

Quarter	CapEx
Q4 25	$17M

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q4 25	$36M

Revenue Segments

Quarter	Advisory Fees	Interest Income and Other	Placement Fees
Q4 25	$474M	$8M	$53M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$76M	$0	$76M
Q2 22	$147M	$0	$147M
Q3 22	$190M	$0	$190M
Q4 22	$173M	$0	$173M
Q1 23	$94M	$0	$94M
Q2 23	$151M	$0	$151M
Q3 23	$116M	$0	$116M
Q4 23	$356M	$0	$356M
Q1 24	$216M	$0	$216M
Q2 24	$164M	$0	$164M
Q3 24	$149M	$0	$149M
Q4 24	$484M	$0	$484M
Q1 25	$194M	$0	$194M
Q2 25	$215M	$0	$215M
Q3 25	$400M	$0	$400M
Q4 25	$539M	$47M	$586M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 25	29M	—	—

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 25	$437.2K	1K

Revenue / Employee