PJT Partners Inc.
PJT Partners Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.7 billion, up 14.8% from fiscal 2024.
- Revenue
- −13.9%
- EPS
- +35.4%
- Free cash flow
- +26.5%
Quarter to September 2026, against a year earlier
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PJT Partners Inc. (PJT) Gross margin
PJT Partners Inc.'s gross margin over the twelve months to 30 September 2026 was 33.1%, up 0.7 percentage points from fiscal 2025 (32.4%). Over the past ten years it has ranged from 21.6% (fiscal 2017) to 35.5% (fiscal 2021); the current reading is higher than 73% of that period. That is below the Capital Markets industry median of 68.2% and below the Financial sector median of 70.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 32.4% | 1.55 |
| FY2024 | 30.9% | 0.72 |
| FY2023 | 30.2% | (4.59) |
| FY2022 | 34.8% | (0.73) |
| FY2021 | 35.5% | 0.42 |
| FY2020 | 35.1% | 5.03 |
| FY2019 | 30.0% | 3.18 |
| FY2018 | 26.9% | 5.27 |
| FY2017 | 21.6% | (2.13) |
| FY2016 | 23.7% | 1.36 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 32.9% | (0.13) |
| Jun 2026 | 33.0% | 0.06 |
| Mar 2026 | 33.0% | (0.38) |
| Dec 2025 | 33.4% | 1.20 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| MC Moelis & Company compare | 100.0% |
| LAZ Lazard, Inc. compare | 100.0% |
| MRX Marex Group PLC compare | 100.0% |
| PIPR Piper Sandler Companies compare | 99.0% |
| BGC BGC Group, Inc. compare | 97.6% |
| FIGR Figure Technology Solutions, Inc. compare | 87.5% |
| MIAX Miami International Holdings, Inc. compare | 35.0% |
| PJT PJT Partners Inc. | 33.1% |
| GLXY Galaxy Digital Inc. compare | 0.40% |
| Capital Markets industry median | 68.2% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on PJT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement