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 19.8× (Mar '23) to 25.6× (Sep '26).
The price-to-sales ratio has risen from 1.7× (Mar '23) to 2.7× (Sep '26).
The dividend yield has fallen from 1.4% (Mar '23) to 0.5% (Sep '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?
As of Sep '26, Pjt Partners Inc. traded at a price-to-earnings ratio of about 25.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.