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PJT Partners

PJT

PJT Partners Inc. is a premier global investment bank focused on providing independent advisory services for complex financial situations.

Market cap
$3.89B-4.4%
Revenue$1.9B+22.9%
Net income$199.5M+24.4%
Free cash flow$661.8M+39.4%
EPS (diluted)$7.32+25.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 3, 2026 (Tomorrow)
Revenue estimate$409.7M
EPS estimate$1.39

Financials

Q2 2026

Income statement

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Revenue$486.3M+19.5%
Net income$45.8M+39.3%
EPS (diluted)$1.66+37.2%

Balance sheet

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Cash & equivalents$235.5M+9.8%
Total debt$419.4M+1.1%
Total equity$312.1M+86.4%
Total assets$1.8B+16.2%

Cash flow

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Operating cash flow$237.0M+24.4%
CapEx$10.6M-8.2%
Free cash flow$226.4M+26.5%

Valuation & ratios

Valuation

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Market cap$3.89B-4.4%
Enterprise value$4.07B-1.4%
P/E19.5×-3.6×
P/S2.1×-0.4×

Profitability

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Net margin10.6%+0.1pp
FCF margin35.1%+4.1pp

Returns & leverage

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Return on equity83.2%-23.2pp
Debt / equity1.3×-1.1×

Competitors

Profile

PJT Partners Inc. is a premier global investment bank focused on providing independent advisory services for complex financial situations. The firm specializes in strategic advisory, restructuring, and alternative asset fundraising, leveraging a collaborative, high-touch client service model. Its core value proposition lies in delivering sophisticated financial solutions to corporations, financial sponsors, and institutional investors through a highly integrated platform of industry-leading practitioners.

Competitive position

A leading global advisor in restructuring and alternative asset fundraising with a premier strategic advisory franchise.

GeographiesGlobal, United States, United Kingdom, Hong Kong, Japan, United Arab Emirates, Saudi Arabia
Customer segmentsEnterprise, Financial Institutions, Institutional Investors, Governments
Business modelProfessional Services, Fee-based Advisory
SuppliersHuman Capital, Financial Data Providers, Technology Infrastructure, Regulatory Frameworks
CustomersGlobal Corporations, Private Equity Firms, Hedge Funds, Public Pension Funds, Sovereign Wealth Funds
Listed2015
Employees1.0K
CEOPaul J. Taubman
FilingsSEC EDGAR

FAQ

What is PJT Partners's market cap?
PJT Partners (PJT) has a market capitalization of $3.9B and trades on NYSE.
What is PJT Partners's revenue and profitability?
PJT Partners generated $1.9B in trailing twelve-month revenue with net income of $199.5M, representing a net margin of 10.6%, with free cash flow of $661.8M. The latest reported period is Q2 2026.
Who are PJT Partners's competitors?
PJT Partners's key competitors include Moelis & Company, Houlihan Lokey, Inc., Lazard Inc., and others. These companies compete in similar markets and product categories.
Who does PJT Partners partner with?
PJT Partners's notable partners include LSEG Refinitiv.
What subsidiaries does PJT Partners have?
PJT Partners's subsidiaries include PJT Partners Holdings LP, PJT Partners LP, PJT Partners (UK) Limited, and others.
Where is PJT Partners headquartered?
PJT Partners is headquartered in United States of America and employs approximately 1,012 people. It has been publicly traded since 2015.