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Equiscale · Syntellia LLC
PJT Partners Inc., an investment bank, provides various strategic advisory, shareholder advisory, capital markets advisory, and restructuring and special situations services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also provides advisory services for private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; complex investor matters; and other critical strategic, governance, and shareholder matters. In addition, it offers advisory services related to debt and equity markets, including debt financings, acquisition financings, structured product offerings, public equity raises initial public offerings, private capital raises, general partner advisory, and other capital structure related matters. Further, the company provides geopolitical and policy advisory practice that assists corporate boards and management teams with navigating changing geopolitical relationships. Additionally, it offers advisory services in the areas of liability management, and restructurings and special situations comprising bespoke financing, tort liability resolutions, distressed M&A, and chapter 11 matters, as well as to corporate clients, financial sponsors, and creditors. The company also provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to general and limited partners on liquidity and other structured solutions. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.
Rule-based from financial data. Not advice.
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 | $1.7B | $394M | $180M | $480M | 58.4% | 14.8% | 34.0% |
| 2024 | $1.5B | $319M | $134M | $528M | 71.9% | 29.5% | 64.3% |
| 2023 | $1.2B | $234M | $82M | $438M | 33.4% | 12.5% | -9.6% |
| 2022 | $1.0B | $267M | $91M | $239M | 48.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,025.51 | 1,153.18 | 1,493.18 | 1,713.67 |
| Operating Revenue | - | 1,025.51 | 1,153.18 | 1,493.18 | 1,713.67 |
| Cost Of Revenue | - | 669.14 | 805.38 | 1,032.07 | 1,157.95 |
| Gross Profit | - | 356.36 | 347.80 | 461.11 | 555.72 |
| Operating Expense | - | 125.23 | 149.99 | 171.25 | 192.86 |
| Selling General And Administration | - | 79.35 | 104.76 | 121.45 | 133.52 |
| Total Expenses | - | 794.37 | 955.38 | 1,203.32 | 1,350.81 |
| Operating Income | - | 231.14 | 197.80 | 289.85 | 362.86 |
| EBITDA | - | 267.35 | 234.46 | 318.52 | 394.11 |
| Normalized EBITDA | - | 267.35 | 234.46 | 318.52 | 394.11 |
| EBIT | - | 231.14 | 197.80 | 289.85 | 362.86 |
| Other Non Operating Income Expenses | - | -29.66 | -20.19 | -19.28 | -19.94 |
| Other Income Expense | - | -29.66 | -20.19 | -19.28 | -19.94 |
| Pretax Income | - | 201.47 | 177.61 | 270.57 | 342.92 |
| Tax Provision | - | 36.70 | 31.93 | 32.10 | 33.18 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 164.77 | 145.68 | 238.47 | 309.74 |
| Net Income From Continuing And Discontinued Operation | - | 90.53 | 81.80 | 134.39 | 180.12 |
| Net Income From Continuing Operation Net Minority Interest | - | 90.53 | 81.80 | 134.39 | 180.12 |
| Net Income | - | 90.53 | 81.80 | 134.39 | 180.12 |
| Net Income Common Stockholders | - | 90.53 | 81.80 | 134.39 | 180.12 |
| Net Income Including Noncontrolling Interests | - | 164.77 | 145.68 | 238.47 | 309.74 |
| Normalized Income | - | 90.53 | 81.80 | 134.39 | 180.12 |
| Diluted NI Availto Com Stockholders | - | 93.34 | 130.83 | 217.11 | 191.17 |
| Basic Average Shares | - | 25.08 | 25.26 | 25.45 | 25.72 |
| Diluted Average Shares | - | 26.62 | 41.88 | 44.11 | 28.61 |
| Reconciled Depreciation | - | 36.21 | 36.66 | 28.67 | 31.25 |
| Reconciled Cost Of Revenue | - | 648.41 | 782.77 | 1,016.20 | 1,140.05 |
| Minority Interests | - | -74.24 | -63.88 | -104.08 | -129.62 |
| Depreciation Amortization Depletion Income Statement | - | 15.48 | 14.05 | 12.80 | 13.34 |
| Depreciation And Amortization In Income Statement | - | 15.48 | 14.05 | 12.80 | 13.34 |
| General And Administrative Expense | - | 79.35 | 104.76 | 121.45 | 133.52 |
| Other Gand A | - | 44.10 | 64.34 | 70.76 | 73.82 |
| Rent Expense Supplemental | - | 35.25 | 40.42 | 50.70 | 59.70 |
| Other Operating Expenses | - | 30.40 | 31.19 | 37 | 45.99 |
| Rent And Landing Fees | - | 35.25 | 40.42 | 50.70 | 59.70 |
| Otherunder Preferred Stock Dividend | 0 | 0 | - | - | - |
| Average Dilution Earnings | - | 2.81 | 49.03 | 82.72 | 11.06 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| PJT Partners Inc.this co. | PJT | $6.5B | 36.27↑ premium | 21.19 | 58.4% | 16.26 |
| Jackson Financial Inc. | JXN | $7.4B | 273.73 | 0.78 | 0.3% | - |
| Lincoln National Corporation | LNC | $6.5B | 5.53 | 0.66 | 11.9% | - |
| StepStone Group Inc. | STEP | $5.8B | - | - | 129.6% | - |
| Ameris Bancorp | ABCB | $5.7B |
| - |
| - |
| - |
| - |
| - |
| 13.90 |
| 1.41 |
| 10.1% |
| - |
| Enact Holdings, Inc. | ACT | $5.7B | 8.48 | 1.07 | 12.6% | - |
| Victory Capital Holdings, Inc. | VCTR | $5.6B | 16.82 | 2.29 | 13.6% | 11.02 |
| Atlantic Union Bankshares Corporation | AUB | $5.4B | 19.74 | 1.08 | 5.5% | - |
| Mercury General Corporation | MCY | $5.4B | 9.99 | 2.24 | 22.4% | - |
| Peer Median | - | 13.90 | 1.08 | 12.2% | 11.02 | |
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historically, Jul has averaged the highest return (+11.3%); Mar the lowest (-7.8%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.5%Positive MonthJan 2026: +3.49% | -14.7%Negative MonthFeb 2026: -14.65% | -5.4%Negative MonthMar 2026: -5.39% | +9.3%Positive MonthApr 2026: +9.32% | +0.1%Neutral MonthMay 2026: +0.10% | -1.3%Neutral MonthJun 2026: -1.28% | +11.5%Positive MonthJul 2026: +11.51% | +2.8%*Positive MonthAug 2026: +2.78% | — | — | — | — |
| 2025 | +4.5%Positive MonthJan 2025: +4.54% | -3.5%Negative MonthFeb 2025: -3.46% | -13.4%Negative MonthMar 2025: -13.42% | +2.8%Positive MonthApr 2025: +2.78% | +6.3%Positive MonthMay 2025: +6.32% | +9.5%Positive MonthJun 2025: +9.52% | +8.2%Positive MonthJul 2025: +8.25% | +0.2%Neutral MonthAug 2025: +0.21% | -0.7%Neutral MonthSep 2025: -0.71% | -9.4%Negative MonthOct 2025: -9.35% | +4.3%Positive MonthNov 2025: +4.28% | -0.5%Neutral MonthDec 2025: -0.48% |
| 2024 | -5.6%Negative MonthJan 2024: -5.60% | +9.6%Positive MonthFeb 2024: +9.60% | -10.6%Negative MonthMar 2024: -10.57% | +0.2%Neutral MonthApr 2024: +0.24% | +12.9%Positive MonthMay 2024: +12.89% | +1.2%Neutral MonthJun 2024: +1.16% | +23.2%Positive MonthJul 2024: +23.20% | -7.1%Negative MonthAug 2024: -7.10% | +8.0%Positive MonthSep 2024: +7.97% | +4.2%Positive MonthOct 2024: +4.21% | +20.4%Positive MonthNov 2024: +20.44% | -5.7%Negative MonthDec 2024: -5.71% |
| 2023 | +8.6%Positive MonthJan 2023: +8.60% | -1.4%Neutral MonthFeb 2023: -1.44% | -8.5%Negative MonthMar 2023: -8.48% | -4.7%Negative MonthApr 2023: -4.74% | -2.0%Neutral MonthMay 2023: -1.99% | +3.3%Positive MonthJun 2023: +3.32% | +13.9%Positive MonthJul 2023: +13.89% | -0.4%Neutral MonthAug 2023: -0.40% | +0.6%Neutral MonthSep 2023: +0.57% | -1.4%Neutral MonthOct 2023: -1.36% | +14.9%Positive MonthNov 2023: +14.93% | +13.1%Positive MonthDec 2023: +13.11% |
| 2022 | -6.4%Negative MonthJan 2022: -6.44% | -7.9%Negative MonthFeb 2022: -7.93% | -1.1%Neutral MonthMar 2022: -1.10% | +4.5%Positive MonthApr 2022: +4.55% | +14.9%Positive MonthMay 2022: +14.93% | -7.3%Negative MonthJun 2022: -7.33% | +1.7%Neutral MonthJul 2022: +1.71% | -3.2%Negative MonthAug 2022: -3.16% | -3.5%Negative MonthSep 2022: -3.47% | +11.3%Positive MonthOct 2022: +11.34% | +3.5%Positive MonthNov 2022: +3.51% | -4.3%Negative MonthDec 2022: -4.31% |
| 2021 | — | — | — | — | -1.0%Neutral MonthMay 2021: -0.97% | -2.0%Neutral MonthJun 2021: -1.98% | +9.5%Positive MonthJul 2021: +9.51% | +1.0%Neutral MonthAug 2021: +1.04% | +0.2%Neutral MonthSep 2021: +0.16% | +3.4%Positive MonthOct 2021: +3.39% | -7.0%Negative MonthNov 2021: -6.98% | -2.6%Negative MonthDec 2021: -2.62% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
