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Companies / Financials / PJT Partners Inc.
PJT

PJT Partners Inc.

FinancialsBanks & Brokers
Ticker PJTNEW YORK, NYFiscal year ends DecemberBook value per share $12.72Diluted shares 28.7M

PJT Partners Inc. (NYSE: PJT) is a global advisory-focused investment bank providing strategic and capital markets advice, restructuring and special situations services, and alternative asset fundraising and advisory. Its clients include corporations, financial sponsors, public and private company boards, creditors,… From the company’s description.

Over the twelve months to Sep 30, 2026, PJT Partners Inc. reported revenue of $1.82B, up 10.2% from a year earlier, and net income of $325.74M. Its pre-tax margin was 20.5%. In fiscal 2025, it reported revenue of $1.71B, up 14.8% from fiscal 2024, and net income of $309.74M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.71BFY2025
+14.8% year over year
Last 12 mo $1.82B
20.01%FY2025
+1.9 percentage points
Last 12 mo 20.51%
$309.74MFY2025
+29.9% year over year
Last 12 mo $325.74M
58.43%FY2025
−13.4 percentage points
Last 12 mo 52.54%
Cash & financing
$526.30MFY2025
−0.9% year over year
Last 12 mo $732.64M
$480.44MFY2025
−8.9% year over year
Last 12 mo $687.98M
—
28.6MFY2025
−35.1% year over year
Last 12 mo 28.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What PJT Partners Inc. does

In the company’s own words

PJT Partners Inc. (NYSE: PJT) is a global advisory-focused investment bank providing strategic and capital markets advice, restructuring and special situations services, and alternative asset fundraising and advisory. Its clients include corporations, financial sponsors, public and private company boards, creditors, fund managers, and investors. The company operates through three integrated businesses: Strategic Advisory, which advises on mergers and acquisitions, shareholder matters, capital raising, and geopolitical and policy issues; Restructuring and Special Situations, which advises on liability management, restructurings, distressed transactions, and related financing; and PJT Park Hill, which provides private fund advisory and fundraising across private equity, alternative credit and hedge funds, real estate, direct investments, and private capital solutions. PJT Partners was formed through a spin-off from Blackstone that combined its advisory, restructuring, and Park Hill businesses with PJT Capital, a firm founded in 2013; it began trading as an independent public company in 2015. The company employed 1,224 people globally as of December 31, 2025. Its website is www.pjtpartners.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1626115
SIC
6282

Financial performance, year by year

Fiscal 2015–2025 · USD
$-213.64M$342.29M$898.23M$1.45B$2.01B20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns PJT Partners Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

318
funds hold it
0 of 35
superinvestors hold it
$1.72B
held by funds, at market
44.9%
of shares held by funds

Largest fund holders · PJT Partners Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.21%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.12%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
Wasatch Core Growth Fund
WGROX · WASATCH FUNDS TRUST
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do PJT Partners Inc. and its peers compare on margins and cash generation over ten years?”
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