What does tax receivable contractual obligations mean?

This represents the total contractual financial obligations arising from tax receivable agreements, typically resulting from historical corporate restructuring or acquisitions. It reflects the future cash outflows required to settle tax-related liabilities with former owners or partners. This is a key indicator of long-term liquidity requirements and potential cash flow pressure.

PJT Partners PJT Tax Receivable Contractual Obligations

Tax Receivable Contractual Obligations at other companies

Virtu FinancialVIRT

$91.36M-20.1%

Virtu FinancialVIRT

$15.4M-25.9%

Blue Owl CapitalOWL

$1.72B+10.1%

Solaris Energy InfrastructureSEI

$1.72M-52.4%

Clearwater AnalyticsCWAN

$0+100%

Virtu FinancialVIRT

$15.4M-25.9%

Other financials

Income statement

See full

Revenue$418.2M+28.9%

Net income$60.5M+12.0%

EPS (diluted)$2.21+11.1%

Balance sheet

See full

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

See full

Operating cash flow$64.3M+185%

CapEx$8.3M+317%

Free cash flow$56.0M+172%

Valuation

See full

Market cap$4.01B+5.1%

Enterprise value$4.13B+1.8%

P/E21.5×-3.0×

P/S2.2×-0.3×

Profitability

See full

Net margin10.3%-0.1pp

FCF margin34%+1.1pp

Returns & leverage

See full

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:TaxReceivableContractualObligations.

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

Ask your AI about PJT Partners's tax receivable contractual obligations.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is PJT Partners's tax receivable contractual obligations?: PJT Partners (PJT) reported tax receivable contractual obligations of $30.3M in Q4 2025.
What does tax receivable contractual obligations mean?: This represents the total contractual financial obligations arising from tax receivable agreements, typically resulting from historical corporate restructuring or acquisitions. It reflects the future cash outflows required to settle tax-related liabilities with former owners or partners. This is a key indicator of long-term liquidity requirements and potential cash flow pressure.