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PJT Partners PJT Tax Receivable Agreement Payment Due Year Three

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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%
Enterprise value$4.13B+1.8%
P/E21.5×-3.0×
P/S2.2×-0.3×

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:TaxReceivableAgreementPaymentDueYearThree.

The official record: PJT Partners’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PJT Partners's tax receivable agreement payment due year three?
PJT Partners (PJT) reported tax receivable agreement payment due year three of $2.7M in Q4 2025.
How has PJT Partners's tax receivable agreement payment due year three changed year-over-year?
PJT Partners's tax receivable agreement payment due year three increased by 8.0% year-over-year, from $2.5M to $2.7M.
What is the long-term trend for PJT Partners's tax receivable agreement payment due year three?
Over 5 years (2020 to 2025), PJT Partners's tax receivable agreement payment due year three has grown at a 15.7% compound annual growth rate (CAGR), from $1.3M to $2.7M.
What does tax receivable agreement payment due year three mean?
This metric captures the anticipated cash outflow for tax receivable agreement obligations scheduled for the third year. It assists in long-term financial planning and capital allocation analysis. Investors monitor this to understand the duration and magnitude of legacy tax-related liabilities.