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Perella Weinberg Partners, an independent advisory firm, provides strategic and financial advice services in the United States, the United Kingdom, and internationally. It offers advisory services related to strategic and financial decisions, mergers and acquisition execution, shareholder engagement advisory, and financing and capital solutions advice with a focus on restructuring, liability management, capital markets advisory, and private capital placement, as well as underwriting and research services primarily for the energy and related industries. The company serves public multinational corporations, mid-sized public and private companies, financial sponsors, individual entrepreneurs, private and institutional investors, creditor committees, and government institutions in consumer and retail; energy and energy transition; financial services and FinTech; healthcare; industrials and infrastructure; and technology, telecommunication, and media industries. Perella Weinberg Partners is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $751M | $69M | $35M | $30M | 13.6% | -14.5% | - |
| 2024 | $878M | $-58M | $-65M | $207M | -28.2% | 35.4% | - |
| 2023 | $649M | $-100M | $-17M | $88M | -6.4% | 2.7% | -196.3% |
| 2022 | $632M | $-37M | $18M | $-44M | 6.9% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 631.51 | 648.65 | 878.04 | 750.90 |
| Cost Of Revenue | 391.33 | 426.57 | 525.94 | 425.59 |
| Gross Profit | 240.17 | 222.08 | 352.10 | 325.31 |
| Operating Expense | 287.91 | 337.18 | 430.63 | 277.30 |
| Operating Income | -47.73 | -115.10 | -78.53 | 48.01 |
| EBITDA | -37.04 | -100.42 | -58.15 | 68.84 |
| EBIT | -47.73 | -115.10 | -78.53 | 48.01 |
| Pretax Income | -21.42 | -112.82 | -68.25 | 51.52 |
| Tax Provision | 10.33 | -0.98 | 21.09 | 3.51 |
| Net Income | 17.88 | -17.22 | -64.73 | 35.48 |
| Net Income Common Stockholders | 17.88 | -17.22 | -64.73 | 35.48 |
| Total Expenses | 679.24 | 763.75 | 956.57 | 702.89 |
| Interest Expense | 0.28 | 0.28 | 0 | 0 |
| Selling General And Administration | 234.09 | 269.01 | 354.71 | 195.74 |
| Normalized EBITDA | -52.84 | -100.42 | -58.15 | 68.84 |
| Normalized Income | 5.39 | -17.22 | -64.73 | 35.48 |
| Basic EPS | 0.41 | -0.40 | -1.22 | 0 |
| Diluted EPS | -0.46 | -1.33 | -1.22 | 0 |
| Tax Effect Of Unusual Items | 3.32 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.21 | 0.01 | 0.21 | 0.07 |
| Total Unusual Items | 15.81 | 0 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | 15.81 | 0 | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 17.88 | -17.22 | -64.73 | 35.48 |
| Reconciled Depreciation | 10.69 | 14.68 | 20.38 | 20.83 |
| Reconciled Cost Of Revenue | 391.33 | 426.57 | 525.94 | 425.59 |
| Net Interest Income | -0.28 | -0.28 | 0 | 0 |
| Net Income From Continuing And Discontinued Operation | 17.88 | -17.22 | -64.73 | 35.48 |
| Rent Expense Supplemental | 24.90 | 26.89 | 24.32 | 24.53 |
| Total Operating Income As Reported | -47.73 | -115.10 | -78.53 | 48.01 |
| Diluted Average Shares | 89.76 | 86.78 | 53.19 | 0 |
| Basic Average Shares | 43.84 | 43.27 | 53.19 | 0 |
| Diluted NI Availto Com Stockholders | -41.32 | -115 | -64.73 | 47.15 |
| Average Dilution Earnings | -59.20 | -97.78 | 0 | 11.67 |
| Minority Interests | 49.62 | 94.62 | 24.62 | -12.53 |
| Net Income Including Noncontrolling Interests | -31.75 | -111.84 | -89.34 | 48 |
| Net Income Continuous Operations | -31.75 | -111.84 | -89.34 | 48 |
| Other Income Expense | 26.31 | 2.28 | 10.28 | 3.50 |
| Other Non Operating Income Expenses | 10.51 | 2.28 | 10.28 | 3.50 |
| Special Income Charges | 0 | 0 | 0 | 0 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Gain On Sale Of Security | 15.81 | 0 | 0 | 0 |
| Net Non Operating Interest Income Expense | -0.28 | -0.28 | 0 | 0 |
| Interest Expense Non Operating | 0.28 | 0.28 | 0 | 0 |
| Other Operating Expenses | 43.12 | 53.49 | 55.54 | 60.72 |
| Depreciation Amortization Depletion Income Statement | 10.69 | 14.68 | 20.38 | 20.83 |
| Depreciation And Amortization In Income Statement | 10.69 | 14.68 | 20.38 | 20.83 |
| General And Administrative Expense | 234.09 | 269.01 | 354.71 | 195.74 |
| Other Gand A | 55.04 | 59.74 | 72.09 | 61.45 |
| Rent And Landing Fees | 24.90 | 26.89 | 24.32 | 24.53 |
| Salaries And Wages | 154.16 | 182.38 | 258.30 | 109.76 |
| Operating Revenue | 631.51 | 648.65 | 878.04 | 750.90 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Perella Weinberg Partnersthis co. | PWP | $2.0B | 45.57↑ premium | -11.23 | 13.6% | - |
| Kemper Corporation | KMPR | $2.0B | 13.47 | 0.72 | 5.3% | - |
| OFG Bancorp | OFG | $2.0B | 9.38 | 1.38 | 14.8% | - |
| Skyward Specialty Insurance Group, Inc. | SKWD | $2.0B | 11.00 | 1.80 | 16.8% | 6.94 |
| Banco Latinoamericano de Comercio Exterior, S. A. | BLX |
| $2.0B |
| 8.77 |
| 1.19 |
| 13.5% |
| - |
| Patria Investments Limited | PAX | $2.0B | 18.34 | 3.19 | 14.6% | 12.28 |
| Columbia Financial, Inc. | CLBK | $2.0B | 34.62 | 1.69 | 4.5% | - |
| Encore Capital Group, Inc. | ECPG | $1.9B | 6.98 | 1.84 | 26.3% | 8.73 |
| Stellar Bancorp, Inc. | STEL | $1.9B | 18.45 | 1.14 | 6.2% | - |
| Peer Median | - | 12.24 | 1.54 | 14.1% | 8.73 | |