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PJT Partners PJT Payments Under Tax Receivable Agreement

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Other financials

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$308.8M+58.9%
Total debt$421.5M+2.7%
Total equity$272.7M+83.3%
Total assets$1.6B+12.0%

Cash flow

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Operating cash flow$64.3M+185%
CapEx$8.3M+317%
Free cash flow$56.0M+172%

Valuation

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Market cap$4.42B+0.4%
Enterprise value$4.53B+1.8%
P/E22.1×-5.3×
P/S2.3×-0.5×

Profitability

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Net margin10.6%+0.1pp
FCF margin34%+1.1pp

Returns & leverage

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Return on equity88.5%-7.8pp
Debt / equity1.5×-1.2×

Where this comes from

Reported directly by PJT Partners in its filing.

Tagged under the XBRL concept pjt:PaymentsUnderTaxReceivableAgreement.

The source filing: PJT Partners’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197485

FAQ

What is PJT Partners's payments under tax receivable agreement?
PJT Partners (PJT) reported payments under tax receivable agreement of $0 in Q1 2026.
How has PJT Partners's payments under tax receivable agreement changed year-over-year?
PJT Partners's payments under tax receivable agreement decreased by 100.0% year-over-year, from $409K to $0.
What does payments under tax receivable agreement mean?
Represents cash payments made to pre-IPO owners or partners pursuant to a Tax Receivable Agreement (TRA). These payments are triggered by the realization of tax benefits resulting from the step-up in tax basis of assets acquired in connection with historical reorganization or exchange transactions. It highlights the ongoing cash obligations tied to the company's historical tax structure and ownership transitions.

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