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PJT Partners PJT Payments Under Tax Receivable Agreement

Payments Under Tax Receivable Agreement at other companies

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Other financials

Income statement

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Revenue$418.2M+28.9%
Net income$60.5M+12.0%
EPS (diluted)$2.21+11.1%

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$4.01B+5.1%

Profitability

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Net margin10.3%-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 official record: PJT Partners’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.