Friday 6 November 2026
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Perella Weinberg Partners
Perella Weinberg Partners' revenue for fiscal 2025 (year ended December 2025) was $750.9 million, down 14.5% from fiscal 2024.
- Revenue
- +52.7%
- EPS
- +144.4%
- Free cash flow
- +23.1%
Quarter to September 2026, against a year earlier
13.58
0.91
−6.28%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | 533 | 519 | 802 | 632 | 649 | 878 | 751 | 776 | +5.9% | 808 | 1,020 | 1,103 | +13.7% | |
| Gross margin, % | — | — | — | (1.84) | 23.09 | 25.07 | 13.62 | 6.12 | 10.68 | 28.71 | 25.97 | +30.6 pt | ||||||
| EBT | — | — | 0 | (162) | (21) | 23 | (21) | (113) | (68) | 52 | 52 | n/m | ||||||
| EBT margin, % | — | — | 0.00 | (30.30) | (4.02) | 2.86 | (3.39) | (17.39) | (7.77) | 6.86 | 6.75 | +6.9 pt | ||||||
| Net income | — | 0 | 0 | (164) | (24) | 4 | (32) | (112) | (89) | 48 | 43 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | 0.00 | 5.28 | 5.59 | 18.82 | 14.41 | 14.99 | 16.51 | 11.69 | 9.84 | n/m | |||||
| Earnings | — | — | — | — | — | (0.22) | 0.41 | (0.40) | (1.22) | 0.55 | 0.45 | n/m | ||||||
| Cash flow | — | — | 0.00 | (1.05) | 0.93 | 5.51 | (0.41) | 3.37 | 4.20 | 0.54 | 1.37 | n/m | ||||||
| Capex | — | — | 0.00 | (0.07) | (0.06) | (0.03) | (0.61) | (1.33) | (0.31) | (0.07) | (0.09) | n/m | ||||||
| Free cash flow | — | — | 0.00 | (1.12) | 0.87 | 5.48 | (1.01) | 2.04 | 3.89 | 0.47 | 1.29 | n/m | ||||||
| Book value | — | — | 0.00 | 0.00 | 0.80 | 6.37 | 5.93 | 6.20 | (7.92) | (1.98) | 0.81 | n/m | ||||||
| Shares, m | — | — | 101 | 101 | 93 | 43 | 44 | 43 | 53 | 64 | 72 | (6.3%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 23.90 | 0.00 | 0.00 | 31.45 | 30.18 | 7.9 | |||||
| P/S | — | — | — | 0.00 | 0.00 | 0.68 | 0.66 | 0.80 | 1.44 | 1.48 | 1.38 | 0.7 | ||||||
| P/B | — | — | — | 199.94 | 15.38 | 2.02 | 1.61 | 1.94 | 0.00 | 0.00 | 16.69 | 31.6 | ||||||
| EV/Sales | — | — | — | 0.00 | 0.00 | 0.24 | 0.40 | 0.50 | 1.15 | 1.33 | — | 0.5 | ||||||
| EV/FCF | — | — | — | (17.43) | 11.91 | 0.81 | (5.68) | 3.70 | 4.86 | 32.84 | — | 4.4 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | 0 | (106) | 86 | 235 | (18) | 146 | 223 | 35 | 108 | n/m | |||||
| Capex | — | — | 0 | (7) | (6) | (1) | (27) | (58) | (16) | (4) | (7) | n/m | ||||||
| Free cash flow | — | — | 0 | (114) | 80 | 233 | (44) | 88 | 207 | 30 | 101 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | 0 | 0 | 119 | 202 | 117 | 107 | 89 | 63 | 89 | n/m | |||||
| Net debt | — | — | — | 0 | (184) | (505) | (314) | (341) | (409) | (257) | (151) | +436.3% | ||||||
| Shareholders’ equity | — | — | 0 | 0 | 74 | 271 | 260 | 268 | (421) | (127) | 64 | +436.2% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | (1,000.00) | (498,537.99) | (8.97) | (1.49) | 2.49 | (2.33) | (7.90) | 4.24 | 4.56 | +1,004.2 pt | |||||
| ROIC | — | — | 0.00 | (814,700.63) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 pt | ||||||
| ROE | — | — | (4.28) | (1,511,695.85) | (65.61) | (5.45) | 6.73 | (6.52) | 84.54 | (12.93) | (28.33) | (8.6) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | 667 | 663 | 691 | 736 | — | +3.3% | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.00 | 0.95 | 0.98 | 1.27 | 1.02 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Perella Weinberg Partners vs peers in Capital Markets (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PURR Hyperliquid Strategies Inc | $2.4B | — (loss-making) | — (loss-making) | +6,940.21% (above 0%: growing) | n/m | −6,672.51% (below 0%: shrinking) | 100.00% | 7,380.58% | Compare |
| MARA Marathon Digital Holdings, Inc. | $2.3B | — (loss-making) | — (loss-making) | −26.67% (below 0%: shrinking) | n/m | +85.60% (above 0%: growing) | 17.19% | (297.96%) | Compare |
| ETOR eToro Group Ltd. | $1.8B | 7.4× | 10.1× | −23.93% (below 0%: shrinking) | +71.05% (above 0%: growing) | −32.39% (below 0%: shrinking) | 15.03% | 4.80% | Compare |
| TOP TOP Financial Group Limited | $1.5B | 301× | — | −57.15% (below 0%: shrinking) | −94.80% (below 0%: shrinking) | −218.07% (below 0%: shrinking) | 83.63% | 12.41% | Compare |
| CLSK Cleanspark, Inc. | $1.5B | — (loss-making) | — (loss-making) | −30.53% (below 0%: shrinking) | n/m | +202.37% (above 0%: growing) | 38.06% | (168.40%) | Compare |
| SBET Sharplink Inc | $1.4B | — (loss-making) | — (loss-making) | +1,553.95% (above 0%: growing) | n/m | −339.59% (below 0%: shrinking) | 97.76% | (3,413.02%) | Compare |
| PWP Perella Weinberg Partners | $1.3B | 30.2× | — (loss-making) | +52.68% (above 0%: growing) | +144.44% (above 0%: growing) | +23.10% (above 0%: growing) | 30.37% | 13.90% | |
| GOLD Gold.com Inc. | $1.1B | 12.0× | 10.9× | −11.29% (below 0%: shrinking) | n/m | −434.55% (below 0%: shrinking) | 2.74% | 0.00% | Compare |
| OPY Oppenheimer Holdings, Inc. | $935.4M | 10.7× | — (loss-making) | −10.00% (below 0%: shrinking) | −74.76% (below 0%: shrinking) | +106.70% (above 0%: growing) | 97.98% | 16.73% | Compare |
| Median of peers | $1.5B | 11.4× | — | −17.61% | −74.76% | −125.23% | 60.85% | 2.40% |
Pay and ownership Proxy statement filed 10 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 5.15m | (16.03m) | 147.00 |
| 2024 | 27.38m | 85.74m | 200.00 |
| 2023 | 12.40m | 24.92m | 101.00 |
| 2022 | 6.76m | (9.47m) | 79.00 |
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Read the proxy statement