13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 10.2% per year over the past 5 years.
Net income has grown slower than revenue (8.9% vs 10.2% per year).
Free cash flow has grown 0.8% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 10 consecutive years, consuming 13.6% of earnings and 5.1% of free cash flow.
The dividend has grown 38.5% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.7B
$180M
0.0%
0.0%
58.4%
9.8%
$480M
—
$539M
2024
$1.5B
$134M
0.0%
0.0%
71.9%
8.2%
$528M
—
$484M
2023
$1.1B
$82M
0.0%
0.0%
33.4%
5.7%
$438M
—
$356M
2022
$1.0B
$91M
0.0%
0.0%
48.9%
8.6%
$239M
—
$173M
2021
$986M
$106M
0.0%
0.0%
88.3%
10.7%
$118M
—
$200M
2020
$1.0B
$118M
0.0%
0.0%
76.2%
10.0%
$461M
—
$300M
2019
$717M
$30M
0.0%
0.0%
94.2%
3.1%
$202M
—
$216M
2018
$576M
$27M
0.0%
0.0%
-102.7%
4.0%
$116M
—
$106M
2017
—
-$33M
—
—
20.7%
-5.8%
$110M
—
$146M
2016
—
-$3M
—
—
35.4%
-0.5%
$104M
—
$152M
2015
—
$8M
—
—
23.6%
1.6%
—
—
$82M
2014
—
$4M
—
—
1.4%
1.3%
—
—
$39M
2013
—
-$17M
—
—
-5.7%
—
—
—
$30M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$483M
$46M
0.0%
0.0%
14.7%
2.6%
$226M
—
$236M
Mar '26
$411M
$61M
0.0%
0.0%
22.2%
3.9%
$56M
—
$309M
Dec '25
$531M
$53M
0.0%
0.0%
17.3%
2.9%
$139M
—
$539M
Sep '25
$442M
$40M
0.0%
0.0%
17.4%
2.3%
$241M
—
$400M
Jun '25
$401M
$33M
0.0%
0.0%
19.6%
2.2%
$179M
—
$215M
Mar '25
$322M
$54M
0.0%
0.0%
36.3%
3.9%
-$78M
—
$194M
Dec '24
$471M
$51M
0.0%
0.0%
27.4%
3.1%
$195M
—
$484M
Sep '24
$320M
$22M
0.0%
0.0%
13.9%
1.4%
$179M
—
$149M
Jun '24
$358M
$28M
0.0%
0.0%
21.2%
2.0%
$193M
—
$164M
Mar '24
$327M
$33M
0.0%
0.0%
18.7%
2.5%
-$39M
—
$216M
Dec '23
$324M
$25M
0.0%
0.0%
10.2%
1.7%
$123M
—
$356M
Sep '23
$275M
$17M
0.0%
0.0%
9.0%
1.5%
$150M
—
$116M
Jun '23
$348M
$22M
0.0%
0.0%
14.8%
2.0%
$190M
—
$151M
Mar '23
$200M
$17M
0.0%
0.0%
10.9%
1.8%
-$25M
—
$94M
Dec '22
$278M
$25M
0.0%
0.0%
13.3%
2.3%
-$36M
—
$173M
Sep '22
$267M
$21M
0.0%
0.0%
14.2%
2.0%
$160M
—
$190M
Jun '22
$238M
$19M
0.0%
0.0%
15.9%
2.0%
$159M
—
$147M
Mar '22
$244M
$26M
0.0%
0.0%
19.8%
2.7%
-$43M
—
$76M
Dec '21
$313M
$35M
0.0%
0.0%
29.0%
3.5%
-$11M
—
$200M
Sep '21
$229M
$21M
0.0%
0.0%
27.5%
2.0%
$178M
—
$261M
Valuation over time
How the market has priced PJT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 20.4× (Mar '23) to 21.8× (Nov '26).
The price-to-sales ratio has risen from 1.8× (Mar '23) to 2.3× (Nov '26).
The dividend yield has fallen from 1.3% (Mar '23) to 0.6% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is PJT growing its revenue and profit?
Over the past 5 years, Pjt Partners Inc.'s revenue has grown 10.2% per year, and net income grown 8.9% per year. These are computed facts, not advice.
How much debt does PJT have?
As of FY2025, Pjt Partners Inc. reported — of total debt against $539M of cash.
What is PJT's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 10.6%.
What is PJT's P/E ratio?
Pjt Partners Inc.'s P/E (TTM) is 19.65 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the PJT stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 21.8× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.