PJT
PJT Partners Inc
NYSE: PJT · FINANCIAL SERVICES · CAPITAL MARKETS
$152.05
-0.75% today
Updated 2026-04-29
Market cap
$6.04B
P/E ratio
22.04
P/S ratio
3.35x
EPS (TTM)
$6.90
Dividend yield
0.65%
52W range
$128 – $195
Volume
0.4M
PJT Partners Inc (PJT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $354.62M | $396.95M | $401.07M | $405.94M | $499.43M | $499.28M | $580.25M | $717.64M | $1.05B | $991.95M | $1.03B | $1.15B | $1.49B | $1.71B |
| Revenue growth (YoY) | — | +11.9% | +1.0% | +1.2% | +23.0% | -0.0% | +16.2% | +23.7% | +46.6% | -5.7% | +3.4% | +12.5% | +29.5% | +14.8% |
| Cost of revenue | $318.25M | $339.78M | $317.48M | $315.19M | $381.00M | $391.51M | $424.46M | $502.17M | $683.39M | $640.04M | $669.14M | $805.38M | $1.03B | $1.16B |
| Gross profit | $36.36M | $57.18M | $83.59M | $90.74M | $118.43M | $107.77M | $155.79M | $215.47M | $368.91M | $351.90M | $356.36M | $347.80M | $461.11M | $555.72M |
| Gross margin | 10.3% | 14.4% | 20.8% | 22.4% | 23.7% | 21.6% | 26.8% | 30.0% | 35.1% | 35.5% | 34.8% | 30.2% | 30.9% | 32.4% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $43.90M | $40.83M | $43.49M | $60.12M | $53.62M | $56.94M | $60.30M | $66.71M | $71.97M | $79.95M | $79.35M | $104.76M | $121.45M | $133.52M |
| Operating income | $-21.14M | $-6.11M | $18.95M | $1.67M | $39.31M | $29.07M | $62.15M | $108.57M | $274.54M | $245.39M | $231.13M | $197.80M | $289.85M | $362.86M |
| Operating margin | -6.0% | -1.5% | 4.7% | 0.4% | 7.9% | 5.8% | 10.7% | 15.1% | 26.1% | 24.7% | 22.5% | 17.2% | 19.4% | 21.2% |
| EBITDA | $-10.53M | $2.67M | $26.72M | $16.54M | $53.34M | $37.22M | $72.12M | $141.38M | $310.90M | $280.31M | $267.35M | $234.46M | $318.52M | $394.11M |
| EBITDA margin | -3.0% | 0.7% | 6.7% | 4.1% | 10.7% | 7.5% | 12.4% | 19.7% | 29.5% | 28.3% | 26.1% | 20.3% | 21.3% | 23.0% |
| EBIT | $-21.14M | $-6.11M | $18.95M | $1.67M | $39.31M | $29.07M | $62.15M | $108.57M | $274.54M | $245.39M | $231.13M | $197.80M | $289.85M | $362.86M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $60.61M | $121.46M | $111.47M | $109.11M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% | 0.0% |
| Net income | $-42.55M | $-17.17M | $4.49M | $7.58M | $-3.03M | $-32.55M | $27.17M | $29.56M | $117.55M | $106.17M | $90.53M | $81.80M | $134.39M | $180.12M |
| Net income growth (YoY) | — | +59.6% | +126.2% | +68.7% | -140.0% | -973.0% | +183.5% | +8.8% | +297.6% | -9.7% | -14.7% | -9.6% | +64.3% | +34.0% |
| Profit margin | -12.0% | -4.3% | 1.1% | 1.9% | -0.6% | -6.5% | 4.7% | 4.1% | 11.2% | 10.7% | 8.8% | 7.1% | 9.0% | 10.5% |