PJT Partners (PJT) Financials

$134.84 +0.42 (+0.31%)

Closing price 04/25/2025 03:59 PM Eastern

Extended Trading

$136.00 +1.16 (+0.86%)

As of 04/25/2025 07:46 PM Eastern

Annual Income Statements for PJT Partners

This table shows PJT Partners' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	7.58	-3.03	-33	27	30	118	106	91	82	134
Consolidated Net Income / (Loss)	-6.18	5.11	-28	43	64	212	190	165	146	238
Net Income / (Loss) Continuing Operations	-6.18	5.11	-28	43	64	230	190	165	146	238
Total Pre-Tax Income	-5.94	15	10	42	82	248	219	201	178	271
Total Operating Income	-5.94	15	10	42	82	248	219	201	178	271
Total Gross Profit	91	118	108	156	215	369	352	356	348	461
Total Revenue	406	499	499	580	718	1,052	992	1,026	1,153	1,493
Operating Revenue	406	499	499	580	718	1,052	992	1,026	1,153	1,493
Total Cost of Revenue	315	381	392	424	502	683	640	669	805	1,032
Operating Cost of Revenue	315	381	392	424	502	683	640	669	805	1,032
Total Operating Expenses	97	104	98	114	133	121	132	155	170	191
Selling, General & Admin Expense	35	28	49	54	62	64	71	74	85	90
Depreciation Expense	15	14	8.14	9.97	14	15	16	15	14	13
Other Operating Expenses / (Income)	47	62	41	50	57	42	45	66	72	88
Total Other Income / (Expense), net	0.00	0.00	0.00	0.00	0.00	18	0.00	0.00	0.00	0.00
Income Tax Expense	0.24	9.39	38	-1.05	18	36	29	37	32	32
Net Income / (Loss) Attributable to Noncontrolling Interest	-14	8.14	4.23	15	34	95	84	74	64	104
Basic Earnings per Share	$0.00	($0.17)	($1.73)	$1.23	$1.23	$4.80	$4.25	$3.61	$3.24	$5.28
Weighted Average Basic Shares Outstanding	0.00	18.29M	18.86M	21.88M	24.01M	24.50M	24.96M	25.08M	25.26M	25.45M
Diluted Earnings per Share	$0.00	($0.17)	($1.73)	$1.16	$1.21	$4.40	$3.99	$3.51	$3.12	$4.92
Weighted Average Diluted Shares Outstanding	0.00	18.29M	18.86M	24.25M	25.01M	43.13M	42.36M	26.62M	41.88M	44.11M
Weighted Average Basic & Diluted Shares Outstanding	0.00	18.29M	18.86M	22.77M	0.00	23.83M	23.89M	24.10M	23.92M	23.30M

This table shows PJT Partners' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	21	25	17	22	17	25	33	28	22	51
Consolidated Net Income / (Loss)	39	46	28	41	31	45	53	53	41	91
Net Income / (Loss) Continuing Operations	39	46	28	41	31	45	53	53	41	91
Total Pre-Tax Income	48	60	29	54	43	52	54	64	49	103
Total Operating Income	48	60	29	54	43	52	54	64	49	103
Total Gross Profit	87	100	67	100	85	96	100	110	100	151
Total Revenue	266	280	200	346	278	329	329	360	326	477
Operating Revenue	266	280	200	346	278	329	329	360	326	477
Total Cost of Revenue	179	180	133	247	193	232	229	250	227	326
Operating Cost of Revenue	179	180	133	247	193	232	229	250	227	326
Total Operating Expenses	39	40	38	45	42	45	47	45	50	48
Selling, General & Admin Expense	19	17	17	24	22	22	22	21	26	21
Depreciation Expense	3.76	3.32	3.44	3.60	3.55	3.46	3.50	3.11	2.98	3.21
Other Operating Expenses / (Income)	16	19	17	18	17	19	21	21	21	24
Income Tax Expense	8.60	14	1.21	13	11	6.20	0.53	11	8.31	12
Net Income / (Loss) Attributable to Noncontrolling Interest	18	21	11	19	14	21	21	25	19	40
Basic Earnings per Share	$0.84	$0.98	$0.69	$0.88	$0.69	$0.98	$1.27	$1.12	$0.87	$2.02
Weighted Average Basic Shares Outstanding	24.97M	25.08M	25.23M	25.24M	25.19M	25.26M	25.69M	25.38M	25.37M	25.45M
Diluted Earnings per Share	$0.82	$0.95	$0.67	$0.86	$0.68	$0.91	$1.22	$1.06	$0.79	$1.85
Weighted Average Diluted Shares Outstanding	26.52M	26.62M	26.92M	26.33M	26.64M	41.88M	28.17M	43.09M	44.64M	44.11M
Weighted Average Basic & Diluted Shares Outstanding	24.41M	24.10M	24.80M	24.19M	24.24M	23.92M	23.99M	23.79M	23.70M	23.30M

This table details how cash moves in and out of PJT Partners' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	44	69	-6.81	-40	110	84	-99	-27	182	128
Net Cash From Operating Activities	112	117	111	123	211	469	124	243	442	531
Net Cash From Continuing Operating Activities	112	117	111	123	211	469	124	243	442	531
Net Income / (Loss) Continuing Operations	-6.18	5.11	-28	43	64	212	190	165	146	238
Consolidated Net Income / (Loss)	-6.18	5.11	-28	43	64	212	190	165	146	238
Depreciation Expense	15	14	8.14	9.97	14	15	16	15	14	13
Amortization Expense	-	-	0.00	0.00	18	21	19	21	23	16
Non-Cash Adjustments To Reconcile Net Income	37	96	145	111	126	125	107	173	182	211
Changes in Operating Assets and Liabilities, net	66	1.57	-13	-40	-12	96	-208	-131	77	53
Net Cash From Investing Activities	-24	-13	-38	-31	-1.72	-146	131	-53	-34	8.06
Net Cash From Continuing Investing Activities	-24	-13	-38	-31	-1.72	-146	131	-53	-34	8.06
Purchase of Property, Plant & Equipment	-35	-13	-1.06	-7.21	-8.81	-8.85	-6.47	-3.43	-3.93	-3.30
Acquisitions	11	0.00	0.00	-61	-	-	-	0.00	0.00	-11
Purchase of Investments	0.00	0.00	-57	-22	-11	-278	-98	-144	-329	-370
Sale and/or Maturity of Investments	0.00	0.00	20	59	11	141	235	94	298	392
Net Cash From Financing Activities	-44	-33	-80	-131	-101	-244	-353	-210	-228	-409
Net Cash From Continuing Financing Activities	-44	-33	-80	-131	-101	-244	-353	-210	-228	-409
Repayment of Debt	-0.02	-0.09	0.00	0.00	-24	-38	-15	-42	-15	0.00
Repurchase of Common Equity	0.00	0.00	-2.30	-65	-48	-49	-103	-109	-117	-235
Payment of Dividends	-4.66	-3.73	-3.80	-4.32	-4.65	-4.82	-116	-25	-67	-24
Issuance of Debt	-	0.00	0.00	30	15	16	15	42	15	0.00
Other Financing Activities, net	-40	-29	-74	-91	-40	-169	-134	-76	-44	-149
Effect of Exchange Rate Changes	0.00	-2.50	-0.15	-0.28	1.45	4.15	-1.16	-6.72	3.20	-1.99
Cash Interest Paid	-	0.00	0.00	0.37	1.39	0.12	0.01	0.13	0.02	0.00
Cash Income Taxes Paid	3.52	6.81	15	0.50	3.84	36	31	29	23	36

This table details how cash moves in and out of PJT Partners' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	43	-17	-80	58	-35	239	-140	-51	-15	335
Net Cash From Operating Activities	161	-35	-23	191	150	124	-39	194	180	196
Net Cash From Continuing Operating Activities	161	-35	-23	191	150	124	-39	194	180	196
Net Income / (Loss) Continuing Operations	39	46	28	41	31	45	53	53	41	91
Consolidated Net Income / (Loss)	39	46	28	41	31	45	53	53	41	91
Depreciation Expense	3.76	3.32	3.44	3.60	3.55	3.46	3.50	3.11	2.98	3.21
Amortization Expense	4.93	5.48	5.67	6.20	5.65	5.10	3.94	3.96	3.94	4.02
Non-Cash Adjustments To Reconcile Net Income	38	34	49	52	37	44	76	49	47	40
Changes in Operating Assets and Liabilities, net	75	-124	-110	88	73	25	-175	85	86	58
Net Cash From Investing Activities	-66	49	43	-70	-164	157	60	-166	-138	252
Net Cash From Continuing Investing Activities	-66	49	43	-70	-164	157	60	-166	-138	252
Purchase of Property, Plant & Equipment	-0.76	-0.93	-2.15	-0.73	-0.55	-0.50	-0.44	-0.52	-1.92	-0.43
Purchase of Investments	-90	-	-5.00	-74	-218	-32	-20	-165	-165	-19
Sale and/or Maturity of Investments	24	50	50	5.00	54	189	80	-	29	283
Net Cash From Financing Activities	-45	-35	-99	-65	-19	-44	-158	-80	-63	-107
Net Cash From Continuing Financing Activities	-45	-35	-99	-65	-19	-44	-158	-80	-63	-107
Repurchase of Common Equity	-16	-9.29	-66	-38	-1.86	-11	-106	-56	-23	-50
Payment of Dividends	-6.13	-6.14	-6.23	-6.07	-28	-27	-6.23	-5.98	-5.95	-5.97
Other Financing Activities, net	-22	-20	-27	-21	11	-6.37	-46	-18	-34	-51
Effect of Exchange Rate Changes	-7.45	4.89	0.12	1.95	-2.16	3.29	-2.67	1.52	5.76	-6.60
Cash Income Taxes Paid	14	9.72	0.68	3.89	1.63	17	2.22	0.96	12	21

This table presents PJT Partners' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	467	590	559	672	953	1,172	988	1,051	1,435	1,635
Total Current Assets	253	380	373	326	445	671	490	541	700	868
Cash & Equivalents	82	152	146	106	216	300	200	173	356	484
Short-Term Investments	-	0.00	37	2.16	1.54	138	0.00	50	81	63
Accounts Receivable	170	228	190	218	228	233	289	318	264	321
Plant, Property, & Equipment, net	31	38	34	35	37	39	37	31	26	22
Total Noncurrent Assets	183	172	152	311	471	462	461	479	709	746
Goodwill	76	72	72	176	173	173	173	173	173	192
Intangible Assets	24	15	12	49	40	32	24	18	13	13
Noncurrent Deferred & Refundable Income Taxes	69	71	44	59	48	53	64	69	72	85
Other Noncurrent Operating Assets	15	14	23	27	210	204	200	219	450	456
Total Liabilities & Shareholders' Equity	467	590	559	672	953	1,172	988	1,051	1,435	1,635
Total Liabilities	125	177	137	184	378	484	350	291	574	734
Total Current Liabilities	111	157	114	114	146	26	24	25	22	34
Accounts Payable	30	17	17	25	25	26	24	25	22	34
Total Noncurrent Liabilities	15	20	22	70	233	458	326	266	552	700
Capital Lease Obligations	-	-	-	0.00	183	172	-	136	331	355
Noncurrent Deferred Revenue	13	17	17	24	14	9.76	13	13	10	9.60
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.96	-	8.46	9.29	20	31	30	30	29
Noncurrent Employee Benefit Liabilities	-	-	-	-	-	253	122	84	174	299
Other Noncurrent Operating Liabilities	1.67	1.53	5.27	7.04	4.84	2.74	161	3.45	6.57	7.35
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	32	-8.56	422	488	575	688	638	760	861	902
Total Preferred & Common Equity	32	-8.56	-157	-26	31	154	120	185	245	187
Total Common Equity	32	-8.56	-157	-26	31	154	120	185	245	187
Common Stock	43	9.33	31	211	291	350	392	503	620	689
Retained Earnings	-11	-18	-186	-170	-145	-33	-4.93	61	118	229
Treasury Stock	-	0.00	-2.30	-67	-115	-164	-267	-376	-493	-729
Accumulated Other Comprehensive Income / (Loss)	-0.05	0.06	0.16	-0.63	0.15	1.41	0.63	-2.27	-0.47	-1.66
Noncontrolling Interest	-	0.00	580	514	543	534	517	574	616	715

This table presents PJT Partners' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	1,067	960	1,087	1,195	1,302	1,418	1,560
Total Current Assets	576	418	559	679	561	695	821
Cash & Equivalents	190	94	151	116	216	164	149
Short-Term Investments	100	5.00	74	239	20	187	328
Accounts Receivable	286	320	333	324	325	344	344
Plant, Property, & Equipment, net	31	31	29	27	24	23	23
Total Noncurrent Assets	459	511	499	488	717	700	716
Goodwill	173	173	173	173	173	173	173
Intangible Assets	19	17	15	14	12	11	9.27
Noncurrent Deferred & Refundable Income Taxes	71	71	71	71	75	75	74
Other Noncurrent Operating Assets	196	251	240	230	458	443	460
Total Liabilities & Shareholders' Equity	1,067	960	1,087	1,195	1,302	1,418	1,560
Total Liabilities	356	222	322	383	474	570	679
Total Current Liabilities	25	25	25	26	102	26	33
Accounts Payable	25	25	25	26	24	26	33
Total Noncurrent Liabilities	331	196	297	357	372	544	646
Capital Lease Obligations	135	-	-	-	327	326	353
Noncurrent Deferred Revenue	13	13	11	11	8.31	12	14
Noncurrent Deferred & Payable Income Tax Liabilities	32	32	32	32	31	31	31
Noncurrent Employee Benefit Liabilities	150	17	123	187	-	170	242
Other Noncurrent Operating Liabilities	1.09	134	130	126	5.15	5.57	6.62
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	710	738	765	812	828	848	881
Total Preferred & Common Equity	148	159	149	193	175	134	159
Total Common Equity	148	159	149	193	175	134	159
Common Stock	477	531	542	578	631	624	654
Retained Earnings	43	72	88	99	145	167	183
Treasury Stock	-367	-443	-481	-482	-600	-656	-679
Accumulated Other Comprehensive Income / (Loss)	-3.85	-1.50	-0.56	-2.52	-0.99	-1.00	1.01
Noncontrolling Interest	562	579	616	619	654	714	721

This table displays calculated financial ratios and metrics derived from PJT Partners' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.21%	23.03%	-0.03%	16.22%	23.68%	46.63%	-5.74%	3.38%	12.45%	29.48%
EBITDA Growth	-42.37%	223.28%	-36.21%	182.94%	123.36%	147.24%	-10.53%	-6.56%	-9.85%	39.65%
EBIT Growth	-178.75%	344.27%	-30.66%	312.90%	97.99%	201.69%	-11.50%	-8.19%	-11.84%	52.34%
NOPAT Growth	-192.50%	222.93%	-654.54%	250.24%	49.88%	233.02%	-10.58%	-13.26%	-11.59%	63.69%
Net Income Growth	-237.47%	182.72%	-654.54%	250.24%	49.88%	233.02%	-10.58%	-13.26%	-11.59%	63.69%
EPS Growth	0.00%	0.00%	-917.65%	167.05%	4.31%	263.64%	-9.32%	-12.03%	-11.11%	57.69%
Operating Cash Flow Growth	127.92%	4.16%	-4.82%	10.54%	71.84%	122.21%	-73.55%	95.50%	81.90%	20.25%
Free Cash Flow Firm Growth	110.66%	-90.57%	-342.52%	-1,703.12%	30.68%	498.21%	-49.99%	-139.78%	189.56%	353.93%
Invested Capital Growth	-11.91%	0.85%	-8.15%	70.82%	37.11%	-24.71%	3.40%	53.68%	12.38%	-6.02%
Revenue Q/Q Growth	0.00%	16.21%	3.54%	-2.55%	11.37%	7.49%	-0.87%	-3.15%	4.40%	11.06%
EBITDA Q/Q Growth	0.00%	298.68%	9.48%	-12.52%	48.07%	19.14%	-7.09%	-5.97%	-3.83%	19.99%
EBIT Q/Q Growth	0.00%	138.01%	20.08%	-17.80%	64.51%	22.61%	-8.27%	-6.86%	-4.46%	23.33%
NOPAT Q/Q Growth	0.00%	119.13%	-250.94%	2,457.57%	66.66%	25.64%	-8.34%	-9.87%	-0.40%	23.58%
Net Income Q/Q Growth	0.00%	113.25%	-250.94%	2,457.57%	66.66%	25.64%	-8.34%	-9.87%	-0.40%	23.58%
EPS Q/Q Growth	0.00%	67.92%	-388.33%	205.45%	49.38%	26.07%	-8.06%	-7.87%	-1.27%	23.62%
Operating Cash Flow Q/Q Growth	-38.04%	62.89%	22.21%	-22.36%	130.45%	10.64%	-59.02%	-9.68%	56.40%	15.67%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	74.96%	-387.65%	72.19%	28.62%	-11.98%	-156.60%	-74.51%	364.99%
Invested Capital Q/Q Growth	0.00%	12.11%	-14.31%	72.65%	-5.25%	-13.49%	-11.94%	20.86%	65.29%	-6.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	22.35%	23.71%	21.58%	26.85%	30.03%	35.06%	35.48%	34.75%	30.16%	30.88%
EBITDA Margin	2.17%	5.71%	3.64%	8.87%	16.02%	27.02%	25.64%	23.18%	18.58%	20.04%
Operating Margin	-1.46%	2.90%	2.01%	7.15%	11.45%	23.56%	22.12%	19.65%	15.40%	18.12%
EBIT Margin	-1.46%	2.90%	2.01%	7.15%	11.45%	23.56%	22.12%	19.65%	15.40%	18.12%
Profit (Net Income) Margin	-1.52%	1.02%	-5.67%	7.33%	8.89%	20.19%	19.15%	16.07%	12.63%	15.97%
Tax Burden Percent	104.03%	35.23%	-281.74%	102.52%	77.61%	85.67%	86.56%	81.78%	82.02%	88.14%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	64.77%	381.74%	-2.52%	22.39%	14.33%	13.44%	18.22%	17.98%	11.86%
Return on Invested Capital (ROIC)	-1.50%	1.97%	-11.31%	13.11%	13.14%	43.17%	44.18%	29.72%	20.42%	32.57%
ROIC Less NNEP Spread (ROIC-NNEP)	1.82%	1.97%	-11.31%	13.11%	13.14%	43.17%	44.18%	29.72%	20.42%	32.57%
Return on Net Nonoperating Assets (RNNOA)	-0.33%	-0.61%	4.54%	-3.76%	-1.13%	-9.51%	-15.52%	-6.13%	-2.45%	-5.52%
Return on Equity (ROE)	-1.83%	1.35%	-6.78%	9.35%	12.01%	33.66%	28.66%	23.59%	17.98%	27.06%
Cash Return on Invested Capital (CROIC)	11.16%	1.12%	-2.82%	-39.19%	-18.16%	71.36%	40.85%	-12.60%	8.77%	38.78%
Operating Return on Assets (OROA)	-1.46%	2.74%	1.75%	6.75%	10.12%	23.34%	20.33%	19.77%	14.29%	17.62%
Return on Assets (ROA)	-1.52%	0.97%	-4.93%	6.92%	7.85%	20.00%	17.59%	16.17%	11.72%	15.53%
Return on Common Equity (ROCE)	-0.99%	0.04%	1.34%	-1.89%	0.06%	4.95%	5.94%	5.15%	4.77%	6.63%
Return on Equity Simple (ROE_SIMPLE)	-19.25%	-59.67%	18.01%	-160.86%	203.21%	137.71%	157.99%	89.01%	59.54%	127.52%
Net Operating Profit after Tax (NOPAT)	-4.16	5.11	-28	43	64	212	190	165	146	238
NOPAT Margin	-1.02%	1.02%	-5.67%	7.33%	8.89%	20.19%	19.15%	16.07%	12.63%	15.97%
Net Nonoperating Expense Percent (NNEP)	-3.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	18.41%	12.22%	18.98%
Cost of Revenue to Revenue	77.65%	76.29%	78.42%	73.15%	69.97%	64.94%	64.52%	65.25%	69.84%	69.12%
SG&A Expenses to Revenue	8.63%	5.57%	9.83%	9.27%	8.58%	6.11%	7.18%	7.19%	7.33%	6.03%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.82%	20.81%	19.57%	19.69%	18.57%	11.49%	13.35%	15.10%	14.76%	12.76%
Earnings before Interest and Taxes (EBIT)	-5.94	15	10	42	82	248	219	201	178	271
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	8.82	29	18	51	115	284	254	238	214	299
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	14.43	0.00	0.00	0.00	30.88	10.84	14.55	9.52	10.01	20.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	41.51	0.00
Price to Revenue (P/Rev)	1.14	1.02	1.57	1.38	1.35	1.59	1.76	1.72	2.12	2.51
Price to Earnings (P/E)	61.11	0.00	0.00	29.39	32.79	14.23	16.48	19.46	29.93	27.83
Dividend Yield	0.00%	0.71%	0.48%	0.56%	0.48%	0.28%	4.44%	1.39%	0.99%	0.63%
Earnings Yield	1.64%	0.00%	0.00%	3.40%	3.05%	7.03%	6.07%	5.14%	3.34%	3.59%
Enterprise Value to Invested Capital (EV/IC)	2.67	2.99	4.92	3.01	2.67	4.59	4.73	3.35	3.92	6.01
Enterprise Value to Revenue (EV/Rev)	1.70	1.56	2.36	2.13	2.09	1.84	2.08	2.19	2.57	2.85
Enterprise Value to EBITDA (EV/EBITDA)	78.16	27.33	64.80	23.98	13.04	6.83	8.12	9.46	13.81	14.25
Enterprise Value to EBIT (EV/EBIT)	0.00	53.78	117.28	29.74	18.24	7.83	9.42	11.16	16.66	15.75
Enterprise Value to NOPAT (EV/NOPAT)	0.00	152.65	0.00	29.01	23.51	9.14	10.88	13.64	20.31	17.88
Enterprise Value to Operating Cash Flow (EV/OCF)	6.15	6.67	10.60	10.04	7.10	4.13	16.64	9.26	6.70	8.03
Enterprise Value to Free Cash Flow (EV/FCFF)	22.36	268.04	0.00	0.00	0.00	5.53	11.77	0.00	47.30	15.01
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.06	0.36	0.25	0.00	0.18	0.38	0.39
Long-Term Debt to Equity	0.00	0.00	0.00	0.06	0.36	0.25	0.00	0.18	0.38	0.39
Financial Leverage	-0.18	-0.31	-0.40	-0.29	-0.09	-0.22	-0.35	-0.21	-0.12	-0.17
Leverage Ratio	1.21	1.40	1.38	1.35	1.53	1.68	1.63	1.46	1.53	1.74
Compound Leverage Factor	1.21	1.40	1.38	1.35	1.53	1.68	1.63	1.46	1.53	1.74
Debt to Total Capital	0.00%	0.00%	0.00%	5.79%	26.24%	20.03%	0.00%	15.15%	27.74%	28.22%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	5.79%	26.24%	20.03%	0.00%	15.15%	27.74%	28.22%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	90.62%	102.07%	137.23%	99.32%	69.73%	62.04%	81.14%	64.17%	51.73%	56.89%
Common Equity to Total Capital	9.38%	-2.07%	-37.23%	-5.11%	4.03%	17.93%	18.86%	20.68%	20.53%	14.89%
Debt to EBITDA	0.00	0.00	0.00	0.58	1.78	0.61	0.00	0.57	1.54	1.18
Net Debt to EBITDA	0.00	0.00	0.00	-1.52	-0.11	-0.93	0.00	-0.37	-0.50	-0.64
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.58	1.78	0.61	0.00	0.57	1.54	1.18
Debt to NOPAT	0.00	0.00	0.00	0.70	3.20	0.81	0.00	0.82	2.27	1.49
Net Debt to NOPAT	0.00	0.00	0.00	-1.84	-0.20	-1.25	0.00	-0.53	-0.73	-0.81
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.70	3.20	0.81	0.00	0.82	2.27	1.49
Altman Z-Score	3.37	3.07	4.48	3.70	2.74	4.29	5.30	5.91	4.46	5.33
Noncontrolling Interest Sharing Ratio	45.96%	96.89%	119.84%	120.19%	99.54%	85.29%	79.29%	78.15%	73.48%	75.51%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.28	2.41	3.27	2.85	3.06	25.85	20.62	21.84	31.41	25.80
Quick Ratio	2.27	2.41	3.27	2.85	3.06	25.85	20.62	21.84	31.41	25.80
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	31	2.91	-7.06	-127	-88	351	176	-70	63	284
Operating Cash Flow to CapEx	328.74%	892.81%	10,472.22%	1,706.08%	2,397.68%	5,302.03%	1,918.43%	7,068.46%	11,243.54%	16,099.15%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.00	0.94	0.87	0.94	0.88	0.99	0.92	1.01	0.93	0.97
Accounts Receivable Turnover	2.44	2.52	2.39	2.84	3.22	4.57	3.80	3.38	3.97	5.11
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	22.18	14.34	13.88	16.92	19.95	27.73	26.13	30.23	40.75	62.17
Accounts Payable Turnover	18.35	16.25	22.88	20.44	20.32	26.95	25.76	27.57	34.21	36.91
Days Sales Outstanding (DSO)	149.49	145.13	152.77	128.37	113.24	79.90	96.12	108.03	91.99	71.42
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	19.89	22.46	15.95	17.86	17.96	13.54	14.17	13.24	10.67	9.89
Cash Conversion Cycle (CCC)	129.60	122.67	136.82	110.52	95.28	66.35	81.95	94.79	81.32	61.53
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	259	261	240	409	561	423	437	672	755	709
Invested Capital Turnover	1.47	1.92	1.99	1.79	1.48	2.14	2.31	1.85	1.62	2.04
Increase / (Decrease) in Invested Capital	-35	2.20	-21	170	152	-139	14	235	83	-45
Enterprise Value (EV)	690	780	1,179	1,235	1,499	1,941	2,067	2,248	2,959	4,263
Market Capitalization	463	510	782	799	969	1,672	1,750	1,761	2,449	3,740
Book Value per Share	$1.79	($0.48)	($8.46)	($1.19)	$1.36	$6.48	$4.95	$7.58	$10.09	$7.89
Tangible Book Value per Share	($3.75)	($5.31)	($13.01)	($11.31)	($7.85)	($2.12)	($3.17)	($0.23)	$2.43	($0.74)
Total Capital	342	413	422	518	779	860	638	895	1,192	1,256
Total Debt	0.00	0.00	0.00	30	204	172	0.00	136	331	355
Total Long-Term Debt	0.00	0.00	0.00	30	204	172	0.00	136	331	355
Net Debt	-83	-152	-183	-78	-13	-265	-200	-88	-106	-192
Capital Expenditures (CapEx)	34	13	1.06	7.21	8.81	8.85	6.47	3.43	3.93	3.30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	59	70	76	103	82	207	266	293	241	287
Debt-free Net Working Capital (DFNWC)	142	223	259	212	299	645	466	516	678	834
Net Working Capital (NWC)	142	223	259	212	299	645	466	516	678	834
Net Nonoperating Expense (NNE)	2.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	-83	-152	-183	-78	-13	-265	-200	-88	-106	-192
Total Depreciation and Amortization (D&A)	15	14	8.14	9.97	33	36	35	36	37	29
Debt-free, Cash-free Net Working Capital to Revenue	14.49%	14.04%	15.26%	17.83%	11.43%	19.69%	26.77%	28.57%	20.92%	19.23%
Debt-free Net Working Capital to Revenue	34.98%	44.56%	51.86%	36.49%	41.73%	61.26%	46.98%	50.36%	58.81%	55.85%
Net Working Capital to Revenue	34.98%	44.56%	51.86%	36.49%	41.73%	61.26%	46.98%	50.36%	58.81%	55.85%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.17)	($1.73)	$1.23	$1.23	$4.80	$4.25	$3.61	$3.24	$5.28
Adjusted Weighted Average Basic Shares Outstanding	17.97M	18.52M	18.86M	21.88M	24.01M	24.50M	24.96M	25.08M	25.26M	25.45M
Adjusted Diluted Earnings per Share	$0.00	($0.17)	($1.73)	$1.16	$1.21	$4.40	$3.99	$3.51	$3.12	$4.92
Adjusted Weighted Average Diluted Shares Outstanding	17.97M	18.52M	18.86M	24.25M	25.01M	43.13M	42.36M	26.62M	41.88M	44.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	($0.17)	($1.73)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	18.29M	18.86M	22.77M	22.85M	23.83M	23.89M	24.10M	23.92M	23.30M
Normalized Net Operating Profit after Tax (NOPAT)	-4.16	10	7.04	29	64	212	190	165	146	238
Normalized NOPAT Margin	-1.02%	2.03%	1.41%	5.01%	8.89%	20.19%	19.15%	16.07%	12.63%	15.97%
Pre Tax Income Margin	-1.46%	2.90%	2.01%	7.15%	11.45%	23.56%	22.12%	19.65%	15.40%	18.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-75.51%	72.98%	-13.40%	10.15%	7.28%	2.27%	60.96%	14.95%	46.23%	10.12%
Augmented Payout Ratio	-75.51%	72.98%	-21.53%	162.58%	82.24%	25.18%	115.37%	81.39%	126.36%	108.71%

This table displays calculated financial ratios and metrics derived from PJT Partners' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.04%	-10.63%	-18.81%	48.53%	4.61%	17.36%	64.71%	4.02%	17.23%	45.27%
EBITDA Growth	-1.09%	-17.99%	-35.97%	21.28%	-8.13%	-12.42%	60.15%	11.72%	8.83%	82.75%
EBIT Growth	-1.31%	-19.84%	-41.79%	23.99%	-10.68%	-13.83%	84.64%	18.89%	16.06%	99.02%
NOPAT Growth	-0.37%	-28.15%	-37.06%	16.65%	-20.20%	-1.26%	90.71%	29.18%	31.84%	100.03%
Net Income Growth	-0.37%	-28.15%	-37.06%	16.65%	-20.20%	-1.26%	90.71%	29.18%	31.84%	100.03%
EPS Growth	0.00%	-24.00%	-33.00%	16.22%	-17.07%	-4.21%	82.09%	23.26%	16.18%	103.30%
Operating Cash Flow Growth	-11.32%	-275.28%	45.57%	19.34%	-6.57%	449.12%	-68.69%	1.55%	20.19%	58.12%
Free Cash Flow Firm Growth	-164.81%	-478.90%	354.47%	1,434.43%	738.97%	80.04%	-285.08%	-262.77%	-298.86%	462.55%
Invested Capital Growth	11.97%	53.68%	-12.90%	-15.70%	-17.83%	12.38%	43.84%	52.52%	65.72%	-6.02%
Revenue Q/Q Growth	14.13%	5.21%	-28.56%	73.15%	-19.61%	18.03%	0.26%	9.35%	-9.40%	46.26%
EBITDA Q/Q Growth	6.79%	22.13%	-44.32%	67.01%	-19.11%	16.43%	1.81%	16.51%	-21.20%	95.52%
EBIT Q/Q Growth	9.05%	25.92%	-51.34%	85.55%	-21.44%	21.48%	4.28%	19.47%	-23.31%	108.31%
NOPAT Q/Q Growth	10.93%	18.00%	-39.25%	46.69%	-24.11%	46.02%	17.32%	-0.64%	-22.55%	121.55%
Net Income Q/Q Growth	10.93%	18.00%	-39.25%	46.69%	-24.11%	46.02%	17.32%	-0.64%	-22.55%	121.55%
EPS Q/Q Growth	10.81%	15.85%	-29.47%	28.36%	-20.93%	33.82%	34.07%	-13.11%	-25.47%	134.18%
Operating Cash Flow Q/Q Growth	0.62%	-122.06%	35.16%	929.11%	-21.23%	-17.56%	-131.33%	599.12%	-6.77%	8.45%
Free Cash Flow Firm Q/Q Growth	-321.07%	-824.84%	165.07%	15.34%	-7.94%	-128.89%	-503.25%	-1.44%	-12.46%	152.68%
Invested Capital Q/Q Growth	-13.16%	20.86%	-4.78%	-15.64%	-15.36%	65.29%	21.89%	-10.56%	-8.04%	-6.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.70%	35.62%	33.47%	28.78%	30.50%	29.31%	30.50%	30.50%	30.50%	31.69%
EBITDA Margin	21.17%	24.57%	19.15%	18.47%	18.59%	18.34%	18.62%	19.84%	17.26%	23.07%
Operating Margin	17.90%	21.43%	14.60%	15.64%	15.29%	15.73%	16.36%	17.88%	15.13%	21.56%
EBIT Margin	17.90%	21.43%	14.60%	15.64%	15.29%	15.73%	16.36%	17.88%	15.13%	21.56%
Profit (Net Income) Margin	14.67%	16.46%	13.99%	11.86%	11.19%	13.85%	16.20%	14.72%	12.59%	19.07%
Tax Burden Percent	81.95%	76.79%	95.87%	75.79%	73.21%	88.00%	99.01%	82.35%	83.17%	88.45%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	18.05%	23.21%	4.13%	24.22%	26.79%	12.00%	0.99%	17.65%	16.83%	11.55%
Return on Invested Capital (ROIC)	29.53%	30.44%	19.95%	21.96%	24.42%	22.39%	26.65%	28.02%	27.89%	38.89%
ROIC Less NNEP Spread (ROIC-NNEP)	29.53%	30.44%	19.95%	21.96%	24.42%	22.39%	26.65%	28.02%	27.89%	38.89%
Return on Net Nonoperating Assets (RNNOA)	-5.73%	-6.28%	-0.28%	-4.01%	-8.18%	-2.68%	-0.11%	-4.35%	-7.89%	-6.59%
Return on Equity (ROE)	23.80%	24.16%	19.67%	17.95%	16.24%	19.70%	26.54%	23.67%	20.00%	32.30%
Cash Return on Invested Capital (CROIC)	23.46%	-12.60%	35.37%	43.17%	48.47%	8.77%	-14.02%	-14.73%	-17.66%	38.78%
Operating Return on Assets (OROA)	17.68%	21.56%	14.86%	16.53%	14.93%	14.60%	18.56%	18.51%	14.77%	20.97%
Return on Assets (ROA)	14.49%	16.56%	14.25%	12.53%	10.93%	12.85%	18.38%	15.24%	12.29%	18.54%
Return on Common Equity (ROCE)	4.12%	5.28%	4.08%	3.35%	3.64%	5.22%	5.65%	4.15%	4.16%	7.91%
Return on Equity Simple (ROE_SIMPLE)	123.31%	0.00%	93.11%	103.38%	75.81%	0.00%	97.97%	136.81%	121.28%	0.00%
Net Operating Profit after Tax (NOPAT)	39	46	28	41	31	45	53	53	41	91
NOPAT Margin	14.67%	16.46%	13.99%	11.86%	11.19%	13.85%	16.20%	14.72%	12.59%	19.07%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-	5.15%	-	-	-	3.82%	-	-	-	7.24%
Cost of Revenue to Revenue	67.30%	64.38%	66.53%	71.22%	69.50%	70.69%	69.50%	69.50%	69.50%	68.31%
SG&A Expenses to Revenue	7.32%	6.04%	8.66%	6.83%	7.85%	6.60%	6.62%	5.88%	7.93%	4.44%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.80%	14.19%	18.88%	13.14%	15.21%	13.57%	14.14%	12.62%	15.37%	10.14%
Earnings before Interest and Taxes (EBIT)	48	60	29	54	43	52	54	64	49	103
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	56	69	38	64	52	60	61	71	56	110
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.75	9.52	10.82	11.49	9.88	10.01	12.91	19.34	19.94	20.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	333.89	41.51	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.50	1.72	1.76	1.56	1.72	2.12	1.76	2.00	2.36	2.51
Price to Earnings (P/E)	15.80	19.46	20.92	20.07	23.37	29.93	23.22	25.07	29.38	27.83
Dividend Yield	5.78%	1.39%	1.40%	1.45%	1.27%	0.99%	1.06%	0.93%	0.75%	0.63%
Earnings Yield	6.33%	5.14%	4.78%	4.98%	4.28%	3.34%	4.31%	3.99%	3.40%	3.59%
Enterprise Value to Invested Capital (EV/IC)	3.60	3.35	3.44	3.89	4.75	3.92	3.26	3.98	4.98	6.01
Enterprise Value to Revenue (EV/Rev)	1.89	2.19	2.25	1.92	1.96	2.57	2.34	2.53	2.80	2.85
Enterprise Value to EBITDA (EV/EBITDA)	7.92	9.46	10.18	9.23	9.73	13.81	12.64	13.39	15.12	14.25
Enterprise Value to EBIT (EV/EBIT)	9.25	11.16	12.18	10.99	11.66	16.66	14.83	15.42	17.19	15.75
Enterprise Value to NOPAT (EV/NOPAT)	10.94	13.64	14.83	13.62	14.82	20.31	17.54	17.90	19.54	17.88
Enterprise Value to Operating Cash Flow (EV/OCF)	7.45	9.26	8.40	7.17	7.68	6.70	7.05	7.65	8.21	8.03
Enterprise Value to Free Cash Flow (EV/FCFF)	16.22	0.00	9.05	8.25	8.83	47.30	0.00	0.00	0.00	15.01
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.19	0.18	0.00	0.00	0.00	0.38	0.40	0.38	0.40	0.39
Long-Term Debt to Equity	0.19	0.18	0.00	0.00	0.00	0.38	0.40	0.38	0.40	0.39
Financial Leverage	-0.19	-0.21	-0.01	-0.18	-0.33	-0.12	0.00	-0.16	-0.28	-0.17
Leverage Ratio	1.64	1.46	1.38	1.43	1.49	1.53	1.44	1.55	1.63	1.74
Compound Leverage Factor	1.64	1.46	1.38	1.43	1.49	1.53	1.44	1.55	1.63	1.74
Debt to Total Capital	15.97%	15.15%	0.00%	0.00%	0.00%	27.74%	28.33%	27.77%	28.64%	28.22%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	15.97%	15.15%	0.00%	0.00%	0.00%	27.74%	28.33%	27.77%	28.64%	28.22%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	66.50%	64.17%	78.42%	80.51%	76.23%	51.73%	56.56%	60.83%	58.47%	56.89%
Common Equity to Total Capital	17.54%	20.68%	21.53%	19.44%	23.73%	20.53%	15.11%	11.40%	12.90%	14.89%
Debt to EBITDA	0.53	0.57	0.00	0.00	0.00	1.54	1.38	1.33	1.42	1.18
Net Debt to EBITDA	-0.61	-0.37	0.00	0.00	0.00	-0.50	0.39	-0.10	-0.50	-0.64
Long-Term Debt to EBITDA	0.53	0.57	0.00	0.00	0.00	1.54	1.38	1.33	1.42	1.18
Debt to NOPAT	0.74	0.82	0.00	0.00	0.00	2.27	1.91	1.78	1.83	1.49
Net Debt to NOPAT	-0.85	-0.53	0.00	0.00	0.00	-0.73	0.54	-0.14	-0.64	-0.81
Long-Term Debt to NOPAT	0.74	0.82	0.00	0.00	0.00	2.27	1.91	1.78	1.83	1.49
Altman Z-Score	4.50	5.47	6.37	5.06	4.80	4.17	4.56	4.52	4.54	4.99
Noncontrolling Interest Sharing Ratio	82.67%	78.15%	79.28%	81.32%	77.61%	73.48%	78.70%	82.48%	79.22%	75.51%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	23.25	21.84	16.47	22.19	25.65	31.41	5.52	26.43	25.13	25.80
Quick Ratio	23.25	21.84	16.47	22.19	25.65	31.41	5.52	26.43	25.13	25.80
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-20	-189	123	142	130	-38	-227	-230	-259	136
Operating Cash Flow to CapEx	21,257.67%	-3,828.62%	-1,071.25%	26,181.87%	27,348.82%	24,558.33%	-8,833.49%	37,510.47%	9,408.71%	46,050.82%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.99	1.01	1.02	1.06	0.98	0.93	1.13	1.04	0.98	0.97
Accounts Receivable Turnover	3.94	3.38	2.92	3.43	3.62	3.97	3.98	3.83	4.03	5.11
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	30.70	30.23	29.61	34.81	37.71	40.75	46.80	49.77	53.17	62.17
Accounts Payable Turnover	26.80	27.57	27.28	32.16	29.40	34.21	36.82	35.18	31.74	36.91
Days Sales Outstanding (DSO)	92.54	108.03	125.21	106.29	100.88	91.99	91.71	95.27	90.64	71.42
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	13.62	13.24	13.38	11.35	12.42	10.67	9.91	10.38	11.50	9.89
Cash Conversion Cycle (CCC)	78.92	94.79	111.83	94.94	88.46	81.32	81.79	84.89	79.14	61.53
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	556	672	640	540	457	755	920	823	757	709
Invested Capital Turnover	2.01	1.85	1.43	1.85	2.18	1.62	1.64	1.90	2.22	2.04
Increase / (Decrease) in Invested Capital	59	235	-95	-100	-99	83	280	283	300	-45
Enterprise Value (EV)	2,001	2,248	2,200	2,100	2,168	2,959	3,000	3,277	3,770	4,263
Market Capitalization	1,593	1,761	1,719	1,709	1,904	2,449	2,254	2,588	3,173	3,740
Book Value per Share	$6.12	$7.58	$6.60	$6.00	$7.96	$10.09	$7.30	$5.58	$6.69	$7.89
Tangible Book Value per Share	($1.80)	($0.23)	($1.26)	($1.59)	$0.24	$2.43	($0.41)	($2.06)	($0.96)	($0.74)
Total Capital	845	895	738	765	812	1,192	1,156	1,174	1,234	1,256
Total Debt	135	136	0.00	0.00	0.00	331	327	326	353	355
Total Long-Term Debt	135	136	0.00	0.00	0.00	331	327	326	353	355
Net Debt	-155	-88	-99	-226	-355	-106	92	-25	-124	-192
Capital Expenditures (CapEx)	0.76	0.93	2.15	0.73	0.55	0.50	0.44	0.52	1.92	0.43
Debt-free, Cash-free Net Working Capital (DFCFNWC)	262	293	294	308	298	241	223	317	311	287
Debt-free Net Working Capital (DFNWC)	551	516	393	534	653	678	459	668	788	834
Net Working Capital (NWC)	551	516	393	534	653	678	459	668	788	834
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	-155	-88	-99	-226	-355	-106	92	-25	-124	-192
Total Depreciation and Amortization (D&A)	8.68	8.80	9.11	9.80	9.19	8.56	7.44	7.07	6.93	7.23
Debt-free, Cash-free Net Working Capital to Revenue	24.71%	28.57%	30.04%	28.19%	26.95%	20.92%	17.42%	24.49%	23.13%	19.23%
Debt-free Net Working Capital to Revenue	52.07%	50.36%	40.11%	48.84%	59.09%	58.81%	35.79%	51.55%	58.61%	55.85%
Net Working Capital to Revenue	52.07%	50.36%	40.11%	48.84%	59.09%	58.81%	35.79%	51.55%	58.61%	55.85%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.84	$0.98	$0.69	$0.88	$0.69	$0.98	$1.27	$1.12	$0.87	$2.02
Adjusted Weighted Average Basic Shares Outstanding	24.97M	25.08M	25.23M	25.24M	25.19M	25.26M	25.69M	25.38M	25.37M	25.45M
Adjusted Diluted Earnings per Share	$0.82	$0.95	$0.67	$0.86	$0.68	$0.91	$1.22	$1.06	$0.79	$1.85
Adjusted Weighted Average Diluted Shares Outstanding	26.52M	26.62M	26.92M	26.33M	26.64M	41.88M	28.17M	43.09M	44.64M	44.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	24.41M	24.10M	24.80M	24.19M	24.24M	23.92M	23.99M	23.79M	23.70M	23.30M
Normalized Net Operating Profit after Tax (NOPAT)	39	46	28	41	31	45	53	53	41	91
Normalized NOPAT Margin	14.67%	16.46%	13.99%	11.86%	11.19%	13.85%	16.20%	14.72%	12.59%	19.07%
Pre Tax Income Margin	17.90%	21.43%	14.60%	15.64%	15.29%	15.73%	16.36%	17.88%	15.13%	21.56%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	50.73%	14.95%	42.44%	40.81%	57.99%	46.23%	14.28%	13.30%	1.17%	10.12%
Augmented Payout Ratio	110.31%	81.39%	122.75%	124.90%	136.76%	126.36%	106.05%	109.02%	102.95%	108.71%

Frequently Asked Questions About PJT Partners' Financials

When does PJT Partners's financial year end?

According to the most recent income statement we have on file, PJT Partners' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has PJT Partners' net income changed over the last 9 years?

PJT Partners' net income appears to be on an upward trend, with a most recent value of $238.47 million in 2024, falling from -$6.18 million in 2015. The previous period was $145.68 million in 2023.

What is PJT Partners's operating income?

PJT Partners's total operating income in 2024 was $270.57 million, based on the following breakdown:

Total Gross Profit: $461.11 million
Total Operating Expenses: $190.54 million

How has PJT Partners revenue changed over the last 9 years?

Over the last 9 years, PJT Partners' total revenue changed from $405.94 million in 2015 to $1.49 billion in 2024, a change of 267.8%.

How much debt does PJT Partners have?

PJT Partners' total liabilities were at $733.69 million at the end of 2024, a 27.9% increase from 2023, and a 485.5% increase since 2015.

How much cash does PJT Partners have?

In the past 9 years, PJT Partners' cash and equivalents has ranged from $82.32 million in 2015 to $483.88 million in 2024, and is currently $483.88 million as of their latest financial filing in 2024.

How has PJT Partners' book value per share changed over the last 9 years?

Over the last 9 years, PJT Partners' book value per share changed from 1.79 in 2015 to 7.89 in 2024, a change of 341.9%.

Related Companies

This page (NYSE:PJT) was last updated on 4/26/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

PJT Partners (PJT) Financials

Frequently Asked Questions About PJT Partners' Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

PJT Partners (PJT) Financials

Annual Income Statements for PJT Partners

Quarterly Income Statements for PJT Partners

Annual Cash Flow Statements for PJT Partners

Quarterly Cash Flow Statements for PJT Partners

Annual Balance Sheets for PJT Partners

Quarterly Balance Sheets for PJT Partners

Annual Metrics and Ratios for PJT Partners

Quarterly Metrics and Ratios for PJT Partners

Frequently Asked Questions About PJT Partners' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools