PJT Partners Inc.

PJT Financial Capital Markets

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

153.45 4.67 −2.95%
Market cap
$3.9B
P/E
18.7×
Fwd P/E
35.4×
Dividend yield
0.65%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

PJT Partners Inc. (PJT) Operating margin

Alert me on Operating margin

PJT Partners Inc.'s operating margin over the twelve months to 30 September 2026 was 20.5%, up 0.5 percentage points from fiscal 2025 (20.0%). Over the past ten years it has ranged from −1.46% (fiscal 2015) to 23.6% (fiscal 2020); the current reading is higher than 82% of that period. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 20.0% 1.89
FY2024 18.1% 2.72
FY2023 15.4% (4.25)
FY2022 19.7% (2.47)
FY2021 22.1% (1.44)
FY2020 23.6% 12.11
FY2019 11.5% 4.30
FY2018 7.15% 5.14
FY2017 2.01% (0.89)
FY2016 2.90% 4.36

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 17.9% (3.13)
Jun 2026 21.0% 1.77
Mar 2026 19.2% (3.75)
Dec 2025 23.0% 2.63
43 more quarters

Against its own ten years

Low −1.46% High 23.6%
Ten-year median 15.4%
Current reading's percentile 79

Operating margin against peers

Company Operating margin
MRX Marex Group PLC compare 36.4%
FIGR Figure Technology Solutions, Inc. compare 28.4%
PIPR Piper Sandler Companies compare 22.8%
PJT PJT Partners Inc. 20.5%
MC Moelis & Company compare 18.4%
MIAX Miami International Holdings, Inc. compare 10.9%
BGC BGC Group, Inc. compare 10.7%
LAZ Lazard, Inc. compare 8.12%
GLXY Galaxy Digital Inc. compare −0.53%
Capital Markets industry median 0.00%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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