Where do PJT Partners's ratios come from?

Every ratio is computed from PJT Partners's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

PJT Partners PJT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Net margin	10.3%-0.2pp	10.5%-0.2pp	10.8%+0.3pp	10.4%0.0pp	10.5%+1.5pp
EBITDA margin	21.3%+0.5pp	20.8%+0.5pp	20.3%+1.1pp	19.2%+0.2pp	18.9%0.0pp
Free cash flow margin	34%+6.0pp	28%-4.4pp	32.4%+1.5pp	30.9%-1.9pp	32.9%-2.5pp
Returns
Return on equity	88.5%+15.8pp	72.7%-19.1pp	91.9%-14.6pp	106.5%+10.1pp	96.3%+34.1pp
Return on assets	12.6%+2.3pp	10.4%-0.5pp	10.9%-0.1pp	10.9%-0.6pp	11.5%+2.8pp
Return on invested capital	86.6%-170pp	257.1%+157pp	99.7%+19.0pp	80.7%+1.1pp	79.6%-92.3pp
Efficiency
Asset turnover	1.2×+0.2×	1×0.0×	1×0.0×	1×-0.1×	1.1×+0.1×
Leverage
Debt-to-equity	1.5×+0.2×	1.3×-0.5×	1.8×-0.7×	2.5×-0.3×	2.8×+0.9×
Debt-to-assets	0.3×0.0×	0.2×0.0×	0.2×0.0×	0.3×0.0×	0.3×+0.1×
Net debt / EBITDA	0.3×+0.6×	-0.4×-0.4×	0×-0.6×	0.7×-0.1×	0.8×+1.2×
Per Share
Book value per share	$6.30-41.5%	$10.77+35.0%	$7.98+107%	$3.85+15.2%	$3.35-21.1%
Valuation
Market capitalization	$3.38B-16.9%	$4.06B-5.9%	$4.32B+8.7%	$3.98B+23.7%	$3.21B-14.1%
Enterprise value	$3.49B-11.4%	$3.94B-9.1%	$4.33B+3.8%	$4.18B+21.8%	$3.43B-5.1%
Price / earnings	18.1×-4.5×	22.6×-1.7×	24.3×-0.5×	24.8×+4.2×	20.6×-7.2×
Price / sales	1.9×-0.5×	2.4×-0.2×	2.6×0.0×	2.6×+0.4×	2.2×-0.3×
Price / book	12.4×-0.8×	13.2×-5.7×	18.9×-4.8×	23.7×+2.2×	21.6×+1.6×
EV / EBITDA	9.1×-2.0×	11.1×-1.8×	12.9×-1.3×	14.2×+2.0×	12.2×-0.6×
EV / sales	1.9×-0.4×	2.3×-0.3×	2.6×-0.1×	2.7×+0.4×	2.3×-0.1×
Free cash flow yield	18.2%+6.4pp	11.8%-0.6pp	12.4%+0.5pp	11.9%-3.3pp	15.2%+1.1pp
Earnings yield	5.5%+1.1pp	4.4%+0.3pp	4.1%+0.1pp	4%-0.8pp	4.8%+1.3pp
Dividend yield	0.7%+0.1pp	0.6%0.0pp	0.6%0.0pp	0.6%-0.1pp	0.8%+0.1pp
PEG ratio	0.9×+0.3×	0.7×+0.3×	0.4×-0.1×	0.4×+0.1×	0.3×-0.1×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Where do PJT Partners's ratios come from?: Every ratio is computed from PJT Partners's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.