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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 | -27.9% | -14.5% | -154.8% |
| 2024 | $878M | $-58M | $-65M | $207M | 15.4% | 35.4% | 275.8% |
| 2023 | $649M | $-100M | $-17M | $88M | -11.3% | 2.7% | -196.3% |
| 2022 | $632M | $-37M | $18M | $-44M | 13.0% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 631.51 | 648.65 | 878.04 | 750.90 |
| Operating 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 |
| Selling General And Administration | - | 234.10 | 269.01 | 354.71 | 195.74 |
| Total Expenses | - | 679.24 | 763.75 | 956.57 | 702.89 |
| Operating Income | - | -47.73 | -115.10 | -78.53 | 48.01 |
| Total Operating Income As Reported | - | -47.73 | -115.10 | -78.53 | 48.01 |
| EBITDA | - | -37.04 | -100.42 | -58.15 | 68.84 |
| Normalized EBITDA | - | -52.84 | -100.42 | -58.15 | 68.84 |
| EBIT | - | -47.73 | -115.10 | -78.53 | 48.01 |
| Interest Expense | 7.61 | 0.28 | 0.28 | - | - |
| Net Interest Income | -7.61 | -0.28 | -0.28 | - | - |
| Other Non Operating Income Expenses | - | 10.51 | 2.28 | 10.28 | 3.50 |
| Other Income Expense | - | 26.31 | 2.28 | 10.28 | 3.50 |
| Interest Expense Non Operating | 7.61 | 0.28 | 0.28 | - | - |
| Net Non Operating Interest Income Expense | -7.61 | -0.28 | -0.28 | - | - |
| Pretax Income | - | -21.42 | -112.82 | -68.26 | 51.52 |
| Tax Provision | - | 10.33 | -0.98 | 21.09 | 3.51 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 3.32 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | -31.75 | -111.84 | -89.34 | 48 |
| Net Income From Continuing And Discontinued Operation | - | 17.88 | -17.22 | -64.73 | 35.48 |
| Net Income From Continuing Operation Net Minority Interest | - | 17.88 | -17.22 | -64.73 | 35.48 |
| Net Income | - | 17.88 | -17.22 | -64.73 | 35.48 |
| Net Income Common Stockholders | - | 17.88 | -17.22 | -64.73 | 35.48 |
| Net Income Including Noncontrolling Interests | - | -31.75 | -111.84 | -89.34 | 48 |
| Normalized Income | - | 5.39 | -17.22 | -64.73 | 35.48 |
| Diluted NI Availto Com Stockholders | - | -41.32 | -115 | -64.73 | 47.15 |
| Basic Average Shares | 42.60 | 43.84 | 43.27 | 53.19 | - |
| Diluted Average Shares | 92.75 | 89.76 | 86.78 | 53.19 | - |
| Reconciled Depreciation | - | 10.69 | 14.68 | 20.38 | 20.83 |
| Reconciled Cost Of Revenue | - | 391.33 | 426.57 | 525.94 | 425.59 |
| Total Unusual Items | -44.30 | 15.81 | 0 | - | - |
| Total Unusual Items Excluding Goodwill | -44.30 | 15.81 | 0 | - | - |
| Minority Interests | - | 49.62 | 94.62 | 24.62 | -12.53 |
| Special Income Charges | -39.41 | 0 | 0 | - | - |
| Other Special Charges | 39.41 | - | - | - | - |
| Gain On Sale Of Security | -4.90 | 15.81 | - | - | - |
| 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 | - | 234.10 | 269.01 | 354.71 | 195.74 |
| Other Gand A | - | 55.04 | 59.74 | 72.09 | 61.45 |
| Salaries And Wages | - | 154.16 | 182.38 | 258.30 | 109.76 |
| Rent Expense Supplemental | - | 24.90 | 26.89 | 24.32 | 24.53 |
| Other Operating Expenses | - | 43.12 | 53.49 | 55.54 | 60.72 |
| Rent And Landing Fees | - | 24.90 | 26.89 | 24.32 | 24.53 |
| Average Dilution Earnings | - | -59.20 | -97.78 | 0 | 11.67 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Perella Weinberg Partnersthis co. | PWP | $1.5B | 41.59↑ premium | -11.59 | -27.9% | 20.42 |
| Hope Bancorp, Inc. | HOPE | $1.6B | 26.13 | 0.70 | 2.7% | - |
| Bank First Corporation | BFC | $1.6B | 21.96 | 2.44 | 11.1% | - |
| ConnectOne Bancorp, Inc. | CNOB | $1.5B | 19.13 | 1.05 | 5.5% | - |
| QCR Holdings, Inc. | QCRH | $1.5B |
| - |
| - |
| - |
| - |
| - |
| - |
| 12.07 |
| 1.38 |
| 11.4% |
| - |
| Byline Bancorp, Inc. | BY | $1.5B | 11.70 | 1.20 | 10.3% | - |
| Origin Bancorp, Inc. | OBK | $1.5B | 19.77 | 1.19 | 6.0% | - |
| Lakeland Financial Corporation | LKFN | $1.5B | 14.29 | 1.94 | 13.6% | - |
| Kemper Corporation | KMPR | $1.4B | 9.76 | 0.52 | 5.3% | - |
| Peer Median | - | 16.71 | 1.20 | 8.1% | - | |