PJT
PJT Partners Inc.
Price Chart
Latest Quote
$154.66
| Previous Close | $155.47 |
| Open | $155.46 |
| Day High | $157.15 |
| Day Low | $153.11 |
| Volume | 103,320 |
Stock Information
| Quarterly Dividend / Yield | $1.00 / 0.64% |
| Shares Outstanding | 25.82M |
| Quarterly Dividend Yield | 0.64% |
| Quarterly Dividend | $1.00 |
| Total Debt | $421.50M |
| Cash Equivalents | $308.78M |
| Revenue | $1.81B |
| Net Income | $186.60M |
| Sector | Financial Services |
| Industry | Capital Markets |
| Market Cap | $6.31B |
| P/E Ratio | 22.41 |
| EPS (TTM) | $6.90 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $4.78B |
| Sales | $1.81B |
| Income | $186.60M |
| Book/sh | $10.53 |
| Cash/sh | $11.96 |
| Employees | 1K |
Financial Ratios
| Quick Ratio | 2.92 |
| Current Ratio | 2.92 |
| Debt/Eq | 45.34 |
| EPS Growth TTM | 12.00% |
Returns & Margins
| ROA | 21.94% |
| ROE | 37.04% |
| Gross Margin | 95.19% |
| Operating Margin | 19.22% |
| Profit Margin | 10.33% |
Ownership
| Insider Ownership | 7.09% |
| Institutional Ownership | 81.68% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 18.08 |
| P/S | 3.49 |
| P/B | 14.69 |
Analyst Data
| Recommendation | none |
| Target Price | $169.80 |
Technical Indicators
| SMA20 | $155.96 |
| SMA50 | $155.56 |
| SMA200 | $162.81 |
| RSI | 48.19 |
| ATR | 5.5847 |
| Shares Float | 23.99M |
| Short Float | 7.51% |
| Short Ratio | 4.44 |
| Volatility | 0.84 |
| Rel Volume | 0.27 |
Performance History
| Week | +1.50% |
| Month | -0.25% |
| Quarter | +18.02% |
| 6 Months | -7.86% |
| YTD | -8.48% |
| Year | +0.79% |
| 3 Years | +116.83% |
| 5 Years | +140.42% |
| 10 Years | +594.21% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-22 | $154.66 | 103,320 |
| 2026-06-18 | $155.47 | 875,900 |
| 2026-06-17 | $155.01 | 851,200 |
| 2026-06-16 | $159.19 | 300,700 |
| 2026-06-15 | $156.37 | 363,700 |
| 2026-06-12 | $152.37 | 546,100 |
| 2026-06-11 | $153.97 | 525,800 |
| 2026-06-10 | $157.25 | 250,100 |
| 2026-06-09 | $162.00 | 237,700 |
| 2026-06-08 | $157.29 | 239,000 |
| 2026-06-05 | $157.22 | 233,900 |
| 2026-06-04 | $160.13 | 196,100 |
| 2026-06-03 | $154.84 | 282,200 |
| 2026-06-02 | $156.53 | 279,800 |
| 2026-06-01 | $156.00 | 387,100 |
| 2026-05-29 | $152.66 | 365,400 |
| 2026-05-28 | $155.42 | 484,800 |
| 2026-05-27 | $154.07 | 381,500 |
| 2026-05-26 | $152.42 | 406,900 |
| 2026-05-22 | $156.31 | 289,100 |
About PJT Partners Inc.
PJT Partners Inc., an investment bank, provides various strategic advisory, shareholder advisory, capital markets advisory, and restructuring and special situations services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also provides advisory services for private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; complex investor matters; and other critical strategic, governance, and shareholder matters. In addition, it offers advisory services related to debt and equity markets, including debt financings, acquisition financings, structured product offerings, public equity raises initial public offerings, private capital raises, general partner advisory, and other capital structure related matters. Further, the company provides geopolitical and policy advisory practice that assists corporate boards and management teams with navigating changing geopolitical relationships. Additionally, it offers advisory services in the areas of liability management, and restructurings and special situations comprising bespoke financing, tort liability resolutions, distressed M&A, and chapter 11 matters, as well as to corporate clients, financial sponsors, and creditors. The company also provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to general and limited partners on liquidity and other structured solutions. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.
đ° Latest News
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Power Technology âĸ 2026-06-15T11:11:49ZSHEL Doubles Down On Fossil Fuels â Reportedly Eyes $1B Offshore Wind Farms Sale
Stocktwits âĸ 2026-06-12T16:36:54ZPJT Partners Insider Sale Is Noise â Deal Flow Is What to Watch
Motley Fool âĸ 2026-06-02T12:31:16ZA Look At PJT Partners (PJT) Valuation As Shares Show Mixed Recent Returns
Simply Wall St. âĸ 2026-06-01T12:06:49Z1 Russell 2000 Stock to Research Further and 2 Facing Headwinds
StockStory âĸ 2026-05-28T16:14:27ZAnalog Devices to buy Empower Semiconductor for $1.5 billion to boost AI power portfolio
Reuters âĸ 2026-05-19T20:50:00ZInvestment Banking & Brokerage Stocks Q1 In Review: PJT (NYSE:PJT) Vs Peers
StockStory âĸ 2026-05-14T17:32:55ZIs the Options Market Predicting a Spike in PJT Partners Stock?
Zacks âĸ 2026-05-13T13:38:00ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $1,140,049,000 | $1,016,203,000 | $782,772,000 | $648,406,000 |
| Cost Of Revenue | $1,157,953,000 | $1,032,070,000 | $805,385,000 | $669,141,000 |
| Total Revenue | $1,713,671,000 | $1,493,177,000 | $1,153,182,000 | $1,025,505,000 |
| Operating Revenue | $1,713,671,000 | $1,493,177,000 | $1,153,182,000 | $1,025,505,000 |
| Expenses | ||||
| Total Expenses | $1,350,812,000 | $1,203,324,000 | $955,379,000 | $794,370,000 |
| Rent Expense Supplemental | $59,705,000 | $50,695,000 | $40,420,000 | $35,253,000 |
| Other Income Expense | $-19,940,000 | $-19,284,000 | $-20,194,000 | $-29,664,000 |
| Other Non Operating Income Expenses | $-19,940,000 | $-19,284,000 | $-20,194,000 | $-29,664,000 |
| Operating Expense | $192,859,000 | $171,254,000 | $149,994,000 | $125,229,000 |
| Other Operating Expenses | $45,992,000 | $37,003,000 | $31,190,000 | $30,404,000 |
| General And Administrative Expense | $133,524,000 | $121,452,000 | $104,757,000 | $79,350,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $180,115,000 | $134,393,000 | $81,799,000 | $90,534,000 |
| Normalized Income | $180,115,000 | $134,393,000 | $81,799,000 | $90,534,000 |
| Net Income From Continuing And Discontinued Operation | $180,115,000 | $134,393,000 | $81,799,000 | $90,534,000 |
| Average Dilution Earnings | $11,058,000 | $82,718,000 | $49,031,000 | $2,810,000 |
| Net Income Common Stockholders | $180,115,000 | $134,393,000 | $81,799,000 | $90,534,000 |
| Net Income | $180,115,000 | $134,393,000 | $81,799,000 | $90,534,000 |
| Net Income Including Noncontrolling Interests | $309,738,000 | $238,473,000 | $145,682,000 | $164,772,000 |
| Net Income Continuous Operations | $309,738,000 | $238,473,000 | $145,682,000 | $164,772,000 |
| Pretax Income | $342,919,000 | $270,569,000 | $177,609,000 | $201,471,000 |
| Operating Income | $362,859,000 | $289,853,000 | $197,803,000 | $231,135,000 |
| Depreciation Amortization Depletion Income Statement | $13,343,000 | $12,799,000 | $14,047,000 | $15,475,000 |
| Depreciation And Amortization In Income Statement | $13,343,000 | $12,799,000 | $14,047,000 | $15,475,000 |
| Gross Profit | $555,718,000 | $461,107,000 | $347,797,000 | $356,364,000 |
| Per Share | ||||
| Diluted EPS | $6.68 | $4.92 | $3.12 | $3.51 |
| Basic EPS | $7.00 | $5.28 | $3.24 | $3.61 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $394,106,000 | $318,519,000 | $234,463,000 | $267,345,000 |
| Reconciled Depreciation | $31,247,000 | $28,666,000 | $36,660,000 | $36,210,000 |
| EBITDA (Bullshit earnings) | $394,106,000 | $318,519,000 | $234,463,000 | $267,345,000 |
| EBIT | $362,859,000 | $289,853,000 | $197,803,000 | $231,135,000 |
| Diluted Average Shares | $28,610,263 | $44,105,131 | $41,882,034 | $26,616,640 |
| Basic Average Shares | $25,723,840 | $25,454,445 | $25,255,327 | $25,077,835 |
| Diluted NI Availto Com Stockholders | $191,173,000 | $217,111,000 | $130,830,000 | $93,344,000 |
| Minority Interests | $-129,623,000 | $-104,080,000 | $-63,883,000 | $-74,238,000 |
| Tax Provision | $33,181,000 | $32,096,000 | $31,927,000 | $36,699,000 |
| Selling General And Administration | $133,524,000 | $121,452,000 | $104,757,000 | $79,350,000 |
| Other Gand A | $73,819,000 | $70,757,000 | $64,337,000 | $44,097,000 |
| Rent And Landing Fees | $59,705,000 | $50,695,000 | $40,420,000 | $35,253,000 |
| Otherunder Preferred Stock Dividend | - | - | - | $0 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $109,181,000 | $-17,634,000 | $58,984,000 | $-5,499,000 |
| Total Assets | $1,843,250,000 | $1,635,334,000 | $1,434,978,000 | $1,050,652,000 |
| Total Non Current Assets | $900,070,000 | $830,674,000 | $815,906,000 | $559,666,000 |
| Other Non Current Assets | $159,114,000 | $142,892,000 | $151,278,000 | $99,929,000 |
| Non Current Deferred Assets | $94,957,000 | $85,183,000 | $72,460,000 | $69,172,000 |
| Non Current Deferred Taxes Assets | $94,957,000 | $85,183,000 | $72,460,000 | $69,172,000 |
| Goodwill And Other Intangible Assets | $199,066,000 | $204,647,000 | $185,685,000 | $190,605,000 |
| Other Intangible Assets | $7,452,000 | $13,033,000 | $12,960,000 | $17,880,000 |
| Current Assets | $943,180,000 | $804,660,000 | $619,072,000 | $490,986,000 |
| Receivables | $404,322,000 | $320,783,000 | $263,529,000 | $317,751,000 |
| Accounts Receivable | $404,322,000 | $320,783,000 | $263,529,000 | $317,751,000 |
| Allowance For Doubtful Accounts Receivable | $-1,591,000 | $-2,525,000 | $-2,391,000 | $-1,945,000 |
| Gross Accounts Receivable | $405,913,000 | $323,308,000 | $265,920,000 | $319,696,000 |
| Cash Cash Equivalents And Short Term Investments | $538,858,000 | $483,877,000 | $355,543,000 | $173,235,000 |
| Cash And Cash Equivalents | $538,858,000 | $483,877,000 | $355,543,000 | $173,235,000 |
| Debt | ||||
| Total Debt | $413,918,000 | $354,520,000 | $330,600,000 | $135,627,000 |
| Long Term Debt And Capital Lease Obligation | $413,918,000 | $354,520,000 | $330,600,000 | $135,627,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $834,207,000 | $733,691,000 | $573,814,000 | $291,094,000 |
| Total Non Current Liabilities Net Minority Interest | $756,270,000 | $653,775,000 | $505,002,000 | $219,547,000 |
| Current Liabilities | $77,937,000 | $79,916,000 | $68,812,000 | $71,547,000 |
| Current Deferred Liabilities | $8,373,000 | $9,596,000 | $10,265,000 | $12,999,000 |
| Payables And Accrued Expenses | $69,564,000 | $70,320,000 | $58,547,000 | $58,548,000 |
| Payables | $69,564,000 | $70,320,000 | $58,547,000 | $58,548,000 |
| Total Tax Payable | $35,515,000 | $36,696,000 | $36,245,000 | $33,766,000 |
| Accounts Payable | $34,049,000 | $33,624,000 | $22,302,000 | $24,782,000 |
| Equity | ||||
| Common Stock Equity | $308,247,000 | $187,013,000 | $244,669,000 | $185,106,000 |
| Total Equity Gross Minority Interest | $1,009,043,000 | $901,643,000 | $861,164,000 | $759,558,000 |
| Stockholders Equity | $308,247,000 | $187,013,000 | $244,669,000 | $185,106,000 |
| Gains Losses Not Affecting Retained Earnings | $2,825,000 | $-1,661,000 | $-467,000 | $-2,274,000 |
| Other Equity Adjustments | $2,825,000 | $-1,661,000 | $-467,000 | $-2,274,000 |
| Retained Earnings | $384,187,000 | $228,594,000 | $118,332,000 | $60,969,000 |
| Other | ||||
| Treasury Shares Number | $11,643,793 | $10,343,875 | $8,171,050 | $6,583,289 |
| Ordinary Shares Number | $24,313,885 | $23,688,184 | $24,185,439 | $24,479,286 |
| Share Issued | $35,957,678 | $34,032,059 | $32,356,489 | $31,062,575 |
| Tangible Book Value | $109,181,000 | $-17,634,000 | $58,984,000 | $-5,499,000 |
| Invested Capital | $308,247,000 | $187,013,000 | $244,669,000 | $185,106,000 |
| Working Capital | $865,243,000 | $724,744,000 | $550,260,000 | $419,439,000 |
| Capital Lease Obligations | $413,918,000 | $354,520,000 | $330,600,000 | $135,627,000 |
| Total Capitalization | $308,247,000 | $187,013,000 | $244,669,000 | $185,106,000 |
| Minority Interest | $700,796,000 | $714,630,000 | $616,495,000 | $574,452,000 |
| Treasury Stock | $924,185,000 | $728,962,000 | $493,222,000 | $376,484,000 |
| Additional Paid In Capital | $845,060,000 | $688,702,000 | $619,702,000 | $502,585,000 |
| Capital Stock | $360,000 | $340,000 | $324,000 | $310,000 |
| Common Stock | $360,000 | $340,000 | $324,000 | $310,000 |
| Employee Benefits | $342,352,000 | $299,255,000 | $174,402,000 | $83,920,000 |
| Long Term Capital Lease Obligation | $413,918,000 | $354,520,000 | $330,600,000 | $135,627,000 |
| Current Deferred Revenue | $8,373,000 | $9,596,000 | $10,265,000 | $12,999,000 |
| Investments And Advances | $46,940,000 | $62,912,000 | $81,382,000 | $50,242,000 |
| Goodwill | $191,614,000 | $191,614,000 | $172,725,000 | $172,725,000 |
| Net PPE | $399,993,000 | $335,040,000 | $325,101,000 | $149,718,000 |
| Accumulated Depreciation | $-69,987,000 | $-61,574,000 | $-54,049,000 | $-48,206,000 |
| Gross PPE | $469,980,000 | $396,614,000 | $379,150,000 | $197,924,000 |
| Leases | $90,604,000 | $59,198,000 | $56,456,000 | $54,555,000 |
| Other Properties | $338,951,000 | $312,903,000 | $299,200,000 | $119,025,000 |
| Machinery Furniture Equipment | $40,425,000 | $24,513,000 | $23,494,000 | $24,344,000 |
| Properties | $0 | $0 | $0 | $0 |
| Buildings And Improvements | - | $312,903,000 | $299,200,000 | $119,025,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $480,437,000 | $527,652,000 | $437,607,000 | $239,297,000 |
| Operating Activities | ||||
| Operating Cash Flow | $526,298,000 | $530,950,000 | $441,534,000 | $242,731,000 |
| Cash Flow From Continuing Operating Activities | $526,298,000 | $530,950,000 | $441,534,000 | $242,731,000 |
| Investing Activities | ||||
| Capital Expenditure | $-45,861,000 | $-3,298,000 | $-3,927,000 | $-3,434,000 |
| Investing Cash Flow | $-28,545,000 | $8,061,000 | $-34,346,000 | $-53,235,000 |
| Cash Flow From Continuing Investing Activities | $-28,545,000 | $8,061,000 | $-34,346,000 | $-53,235,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-195,223,000 | $-235,104,000 | $-116,738,000 | $-109,484,000 |
| Financing Cash Flow | $-453,792,000 | $-408,684,000 | $-228,077,000 | $-210,021,000 |
| Cash Flow From Continuing Financing Activities | $-453,792,000 | $-408,684,000 | $-228,077,000 | $-210,021,000 |
| Net Other Financing Charges | $-234,047,000 | $-149,449,000 | $-86,903,000 | $-75,905,000 |
| Cash Dividends Paid | $-24,522,000 | $-24,131,000 | $-24,436,000 | $-24,632,000 |
| Common Stock Dividend Paid | $-24,522,000 | $-24,131,000 | $-24,436,000 | $-24,632,000 |
| Net Common Stock Issuance | $-195,223,000 | $-235,104,000 | $-116,738,000 | $-109,484,000 |
| Other | ||||
| Repayment Of Debt | $0 | $0 | $-15,000,000 | $-42,000,000 |
| Issuance Of Debt | $0 | $0 | $15,000,000 | $42,000,000 |
| Interest Paid Supplemental Data | $0 | $0 | $20,000 | $133,000 |
| Income Tax Paid Supplemental Data | $44,417,000 | $36,082,000 | $23,288,000 | $28,578,000 |
| End Cash Position | $538,858,000 | $483,877,000 | $355,543,000 | $173,235,000 |
| Beginning Cash Position | $483,877,000 | $355,543,000 | $173,235,000 | $200,481,000 |
| Effect Of Exchange Rate Changes | $11,020,000 | $-1,993,000 | $3,197,000 | $-6,721,000 |
| Changes In Cash | $43,961,000 | $130,327,000 | $179,111,000 | $-20,525,000 |
| Common Stock Payments | $-195,223,000 | $-235,104,000 | $-116,738,000 | $-109,484,000 |
| Net Issuance Payments Of Debt | $0 | $0 | $0 | $0 |
| Net Long Term Debt Issuance | $0 | $0 | $0 | $0 |
| Long Term Debt Payments | $0 | $0 | $-15,000,000 | $-42,000,000 |
| Long Term Debt Issuance | $0 | $0 | $15,000,000 | $42,000,000 |
| Net Investment Purchase And Sale | $17,316,000 | $22,086,000 | $-30,419,000 | $-49,801,000 |
| Sale Of Investment | $199,709,000 | $392,074,000 | $298,348,000 | $94,128,000 |
| Purchase Of Investment | $-182,393,000 | $-369,988,000 | $-328,767,000 | $-143,929,000 |
| Net Business Purchase And Sale | $0 | $-10,727,000 | $0 | $0 |
| Purchase Of Business | $0 | $-10,727,000 | $0 | $0 |
| Net PPE Purchase And Sale | $-45,861,000 | $-3,298,000 | $-3,927,000 | $-3,434,000 |
| Purchase Of PPE | $-45,861,000 | $-3,298,000 | $-3,927,000 | $-3,434,000 |
| Change In Working Capital | $-41,150,000 | $61,328,000 | $78,632,000 | $-131,173,000 |
| Change In Other Working Capital | $-2,718,000 | $-636,000 | $-2,777,000 | $55,000 |
| Change In Other Current Assets | $5,373,000 | $11,031,000 | $-33,515,000 | $-42,659,000 |
| Change In Payables And Accrued Expense | $32,049,000 | $106,853,000 | $63,020,000 | $-56,072,000 |
| Change In Accrued Expense | $36,043,000 | $118,142,000 | $88,238,000 | $-35,347,000 |
| Change In Payable | $-3,994,000 | $-11,289,000 | $-25,218,000 | $-20,725,000 |
| Change In Account Payable | $-1,632,000 | $-12,197,000 | $-28,240,000 | $-20,830,000 |
| Change In Tax Payable | $-2,362,000 | $908,000 | $3,022,000 | $105,000 |
| Change In Income Tax Payable | $-2,362,000 | $908,000 | $3,022,000 | $105,000 |
| Change In Receivables | $-75,854,000 | $-55,920,000 | $51,904,000 | $-32,497,000 |
| Changes In Account Receivables | $-75,854,000 | $-55,920,000 | $51,904,000 | $-32,497,000 |
| Other Non Cash Items | $-3,930,000 | $-1,888,000 | $-935,000 | $2,793,000 |
| Stock Based Compensation | $234,344,000 | $209,185,000 | $178,535,000 | $165,528,000 |
| Provisionand Write Offof Assets | $-797,000 | $3,710,000 | $4,889,000 | $2,817,000 |
| Deferred Tax | $-3,154,000 | $-8,524,000 | $-1,929,000 | $1,784,000 |
| Deferred Income Tax | $-3,154,000 | $-8,524,000 | $-1,929,000 | $1,784,000 |
| Depreciation Amortization Depletion | $31,247,000 | $28,666,000 | $36,660,000 | $36,210,000 |
| Depreciation And Amortization | $31,247,000 | $28,666,000 | $36,660,000 | $36,210,000 |
| Depreciation | $31,247,000 | $28,666,000 | $36,660,000 | $36,210,000 |
| Net Income From Continuing Operations | $309,738,000 | $238,473,000 | $145,682,000 | $164,772,000 |
| Net Short Term Debt Issuance | - | - | $0 | $0 |
| Short Term Debt Payments | - | - | $-15,000,000 | $-42,000,000 |
| Short Term Debt Issuance | - | - | $15,000,000 | $42,000,000 |
| Change In Other Current Liabilities | - | - | - | $-22,488,000 |