profit from every $100 of sales.
$0$100
PJT Partners
$150.90-0.26% today
-9.1% in 1 year
1-year low $129.051-year high $191.42
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $33.02 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What PJT Partners sold, what it kept, and what it did with the cash.
Sales went from $1.03 billion in 2022 to $1.71 billion in 2025, with $180 million of profit last year.
SalesProfit
PJT Partners handed back 46% of the cash it generated last year.
Buybacks $195M
Free cash flow 2025$480M
Bought back its own shares$195M
Paid as dividends$25M
Cash vs. debt$539M vs. $414M
PJT Partners vs. similar companies
PJT Partners grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| PJT Partners | 33.0× · Expensive | ||
 Raymond James Financial | 15.2× · Fair price | ||
 Tradeweb Markets | 35.0× · Expensive | ||
 Nomura Holdings | 13.3× · Cheap | ||
 LPL Financial Holdings | 26.4× · Fair price |
AI analysis
An AI analyst reads PJT Partners's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,052 | 992 | 1,026 | 1,153 | 1,493 | 1,714 | |
| – | – | 356 | 348 | 461 | 556 | |
| – | – | 231 | 198 | 290 | 363 | |
| – | – | 267 | 234 | 319 | 394 | |
| 118 | 106 | 91 | 82 | 134 | 180 | |
| – | – | 3.51 | 3.12 | 4.92 | 6.68 | |
| – | – | 34.8% | 30.2% | 30.9% | 32.4% | |
| – | – | 22.5% | 17.2% | 19.4% | 21.2% | |
| 11.2% | 10.7% | 8.8% | 7.1% | 9.0% | 10.5% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 1,172 | 988 | 1,051 | 1,435 | 1,635 | 1,843 |
| Cash | 300 | 200 | 173 | 356 | 484 | 539 |
| Total debt | – | – | 136 | 331 | 355 | 414 |
| Total liabilities | 484 | 350 | 291 | 574 | 734 | 834 |
| 154 | 120 | 185 | 245 | 187 | 308 | |
| – | – | 27 | 42 | 44 | 29 | |
| – | – | 56.9% | 27.2% | 42.3% | 39.7% | |
| 76.2% | 88.3% | 48.9% | 33.4% | 71.9% | 58.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 469 | 124 | 243 | 442 | 531 | 526 | |
| 9 | 6 | 3 | 4 | 3 | 46 | |
| 461 | 118 | 239 | 438 | 528 | 480 | |
| Dividends paid | 5 | 78 | 25 | 24 | 24 | 25 |
| 49 | 103 | 109 | 117 | 235 | 195 | |
| 121 | 109 | 166 | 179 | 209 | 234 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 33.0×
- 20.2×
- –
- 15.1×
- 3.5×
- 3.0%
- 0.6%
Profitability
- 10.5%
- 22.7%
- 26.1%
- 76.4%
- 11.9%
Growth
- +10.2%
- –
- +38.0%
- +0.8%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 8%of 754
Bottom 48%of 605
Bottom 16%of 883
Top 48%of 880
Top 32%of 929
What analysts expect
- Average price target
- $158.67
- Range
- $150.00 – $174.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 1.54 | 1.51 | +2.0% |
| Feb 3, 2026 | 2.55 | 2.41 | +5.8% |
| Nov 4, 2025 | 1.85 | 1.24 | +49.2% |
| Jul 29, 2025 | 1.54 | 1.36 | +13.2% |
| Apr 29, 2025 | 1.05 | 0.94 | +11.7% |
| Feb 4, 2025 | 1.90 | 1.19 | +59.7% |
| Oct 29, 2024 | 0.93 | 0.74 | +25.7% |
| Jul 30, 2024 | 1.19 | 0.82 | +45.1% |
0.6%of the share price, paid each year
On $1,000 invested$6a year at today's yield, before tax
+38.0%2020 to 2025
Raised–not every year
Paid per share, each year
$0.20 in 2016 → $1.00 in 2025
How safe it looks
13.6% of its profit
Room to growStretchedMore than it earns: 5.1%
News
Global Partners declares $0.785 dividendSeeking Alpha · Nov 9, 2026Global Partners outlines 2026 maintenance CapEx of $65M-$75M while extending credit maturity to October 2031Seeking Alpha · Nov 6, 2026TD SYNNEX partners with SISA to expand cybersecurity offerings in IndiaSeeking Alpha · Nov 5, 2026Natural Resource Partners L.P. Q3 2026 Earnings Call SummaryYahoo Finance · Nov 4, 2026Navios Maritime Partners L.P. Q3 2026 Earnings Call SummaryYahoo Finance · Nov 4, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
66Pass
Benjamin Graham
48No pass
Philip Fisher
58No pass
Peter Lynch
53No pass
Joel Greenblatt
46No pass
Charlie Munger
70Pass
Terry Smith
74Pass
Questions about PJT Partners
Is PJT Partners a good stock to buy?
A solid business, but the price is high. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the PJT Partners AI analysis
What does PJT Partners do?
PJT Partners Inc., an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It is in Financial - Capital Markets, based in New York, NY, United States, with 1,224 employees.
Does PJT Partners pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 14% of its yearly profit. In 2025 it paid out $24.5 million in dividends.
Is PJT Partners stock halal?
Yes. PJT Partners passes our halal screen: its business is permitted and its debt is 7% of its market value, under the 30% limit. How we check
How has PJT Partners stock done over the past year?
Down 9.1% over the past twelve months, to $150.90. It traded between $129.05 and $191.42 and is 21.2% below its high.
Who are PJT Partners's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with PJT Partners's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.