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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 $10.90Diluted shares 28.6M

PJT Partners Inc. (NYSE: PJT) is a premier global advisory-focused investment bank that provides strategic advisory services, restructuring and special situations advisory, and private fund advisory and fundraising services. The company operates through three primary business segments: Strategic Advisory,… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.71B
+14.8% year over year
Last 12 mo $1.89B
0.00%
$309.74M
+29.9% year over year
Last 12 mo $344.68M
58.43%
−13.4 percentage points
Last 12 mo 63.94%
Cash & financing
$526.30M
−0.9% year over year
Last 12 mo $713.02M
$480.44M
−8.9% year over year
Last 12 mo $661.83M
—
28.6M
−35.1% year over year
Last 12 mo 28.6M

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 premier global advisory-focused investment bank that provides strategic advisory services, restructuring and special situations advisory, and private fund advisory and fundraising services. The company operates through three primary business segments: Strategic Advisory, Restructuring and Special Situations, and PJT Park Hill.

The Strategic Advisory business delivers advice on mergers and acquisitions, spin-offs, activism defense, contested transactions, joint ventures, and divestitures. The division also provides capital markets advisory services including debt and equity financings, public offerings, and private capital raises. Additionally, Strategic Advisory offers geopolitical and policy advisory services to corporate boards and management teams.

The Restructuring and Special Situations business ranks among the world's leading global advisors in liability management, restructurings, and special situations, including distressed mergers and acquisitions and Chapter 11 matters. PJT Park Hill operates as a leading global alternative asset advisory and fundraising platform, providing private fund advisory and fundraising services 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 Inc. in 2015, combining Blackstone's financial and strategic advisory services, restructuring and reorganization advisory services, and Park Hill Group with PJT Capital LP, a financial advisory firm founded in 2013. The company began trading on the New York Stock Exchange on October 1, 2015.

As of December 31, 2025, PJT Partners employed 1,224 individuals globally, including 133 partners, operating across multiple international locations including the United Kingdom, Hong Kong, Spain, Japan, the United Arab Emirates, and Saudi Arabia. The company served 255 clients generating fees of one million dollars or greater during 2025. PJT Partners maintains a collaborative, culture-driven business model emphasizing integrity, expertise, and client-centric advisory services. The company's competitive strengths include its global market leadership, deep client relationships, integrated platform capabilities, and focus on attracting and retaining top advisory talent. Additional information is available at www.pjtpartners.com.

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

Financial performance, year by year

Fiscal 2015–2025 · USD
$-219.83M$354.69M$929.21M$1.50B$2.08B20152016201720182019202020212022202320242025Last 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
44.3%
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
1.79%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

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