PJT Partners Inc. (PJT) Financial Statements
Industry: Investment Advice
In fiscal 2025, PJT Partners reported revenue of $1.71B, up 14.8% from $1.49B the year before. Net income was $180.1M (a 10.5% net margin), or $6.68 per diluted share. Gross margin was 20.0% and operating margin was 19.2%. Operating activities generated $526.3M of cash, leaving $480.4M of free cash flow. At fiscal year end, PJT Partners held $1.84B in total assets against $834.2M in total liabilities, including $538.9M of cash and equivalents.
Open the full interactive PJT Partners financials → Quarterly statements, key ratios, valuation history and price charts.
PJT Partners Key Stats
| Share Price | $136.95 |
|---|---|
| Market Cap | $3.90B |
| P/E Ratio | 20.5 |
| Dividend Yield | 0.64% |
| Revenue YoY Growth | +14.8% |
| 52-Week Range | $128.67 – $190.53 |
| Shares Outstanding | 26.8 million (basic, 2026 Q2) |
PJT Partners Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.05B | $991.9M | $1.03B | $1.15B | $1.49B | $1.71B |
| Cost of Goods Sold | $804.3M | $772.5M | $824.0M | $975.6M | $1.22B | $1.37B |
| Gross Profit | $248.0M | $219.4M | $201.5M | $177.6M | $270.6M | $342.9M |
| Operating Income | $232.9M | $203.7M | $186.0M | $163.6M | $257.8M | $329.6M |
| Pre-Tax Income | $248.0M | $219.4M | $201.5M | $177.6M | $270.6M | $342.9M |
| Income Tax | $35.5M | $29.5M | $36.7M | $31.9M | $32.1M | $33.2M |
| Net Income | $117.5M | $106.2M | $90.5M | $81.8M | $134.4M | $180.1M |
| Diluted EPS | $4.40 | $3.99 | $3.51 | $3.12 | $4.92 | $6.68 |
PJT Partners Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $447.1M | $535.2M | $418.2M | $486.3M |
| Net Income | $39.8M | $53.4M | $60.5M | $45.8M |
| Diluted EPS | $1.47 | $1.87 | $2.21 | $1.66 |
PJT Partners Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $299.5M | $200.5M | $173.2M | $355.5M | $483.9M | $538.9M |
| Total Assets | $1.17B | $987.6M | $1.05B | $1.43B | $1.64B | $1.84B |
| Total Liabilities | $483.8M | $350.1M | $291.1M | $573.8M | $733.7M | $834.2M |
| Shareholders' Equity | $154.3M | $120.2M | $185.1M | $244.7M | $187.0M | $308.2M |
PJT Partners Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $469.6M | $124.2M | $242.7M | $441.5M | $531.0M | $526.3M |
| Cash From Investing | -$145.8M | $131.3M | -$53.2M | -$34.3M | $8.1M | -$28.5M |
| Cash From Financing | -$244.4M | -$353.4M | -$210.0M | -$228.1M | -$408.7M | -$453.8M |
| Free Cash Flow | $460.7M | $117.7M | $239.3M | $437.6M | $527.7M | $480.4M |
| Dividends Paid | $4.8M | $78.0M | $24.6M | $24.4M | $24.1M | $24.5M |
Figures from PJT Partners' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full PJT Partners financials page for every line item.
PJT Partners Company Profile
| Ticker | PJT |
|---|---|
| Exchange | NYSE |
| Industry | Investment Advice |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001626115 |
Frequently Asked Questions
What was PJT Partners' revenue in fiscal 2025?
PJT Partners (PJT) reported revenue of $1.71B for fiscal 2025.
What is PJT Partners' annual revenue history?
PJT Partners' annual revenue by fiscal year: 2020: $1.05B; 2021: $991.9M; 2022: $1.03B; 2023: $1.15B; 2024: $1.49B; 2025: $1.71B.
What was PJT Partners' net income in fiscal 2025?
PJT Partners reported net income of $180.1M for fiscal 2025.
What was PJT Partners' earnings per share (EPS) in fiscal 2025?
PJT Partners' diluted EPS was $6.68 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did PJT Partners generate in fiscal 2025?
PJT Partners generated $480.4M of free cash flow in fiscal 2025.
What was PJT Partners' revenue last quarter?
In its most recent reported quarter (2026 Q2), PJT Partners reported revenue of $486.3M.
How many shares of PJT Partners are outstanding?
PJT Partners reported a weighted average of 26.8 million basic shares outstanding in 2026 Q2.
What is PJT Partners' market cap?
Based on its latest closing price, PJT Partners (PJT) has a market capitalization of about $3.90B.
When does PJT Partners' fiscal year end?
PJT Partners' fiscal year end, as registered with the SEC, is December 31.
Where is PJT Partners headquartered?
PJT Partners lists its business address in New York, New York in its SEC filings.