PJT Partners PJT Travel And Entertainment Expense

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FAQ

What is PJT Partners's travel and entertainment expense?

PJT Partners (PJT) reported travel and entertainment expense of $13.02M in Q2 2026.

How has PJT Partners's travel and entertainment expense changed year-over-year?

PJT Partners's travel and entertainment expense increased by 13.8% year-over-year, from $11.45M to $13.02M.

What is the long-term trend for PJT Partners's travel and entertainment expense?

Over 4 years (2021 to 2025), PJT Partners's travel and entertainment expense has grown at a 43.6% compound annual growth rate (CAGR), from $10.81M to $45.99M.

What does travel and entertainment expense mean?

This metric represents the costs incurred by employees for business-related travel, lodging, meals, and client entertainment activities. In an advisory-focused investment bank, these expenses are essential for maintaining client relationships and facilitating deal execution. Monitoring this figure helps assess the firm's investment in business development and client-facing activities relative to revenue generation.