PJT Partners Inc.

PJT Partners Inc.

141.39
USD
+3.90
(+2.84%)
10.67EPS
19.40P/E
3.79BMarket Cap
Oct 27Next Earn

Total Valuation

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As of June 30, 2026, PJT Partners, Inc. Class A carries a market capitalization of 3.79B, placing it among publicly traded companies globally. Its enterprise value stands at 4.64B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap3.79B
Enterprise Value4.64B

Important Dates

PJT Partners, Inc. Class A's next confirmed earnings release is scheduled for October 27, 2026.

Earnings Date10/27/2026

Share Statistics

As of June 30, 2026, PJT Partners, Inc. Class A has 25.59M shares outstanding.

Shares Outstanding25.59M

Valuation Ratios

As of June 30, 2026, PJT Partners, Inc. Class A trades at a trailing price-to-earnings ratio of 19.40. The price-to-sales ratio is 2.05, and the price-to-book ratio stands at 12.14.

PE Ratio19.40
PS Ratio2.05
PB Ratio12.14
P/TBV Ratio32.78
P/FCF Ratio7.22
P/OCF Ratio5.43

Enterprise Valuation

As of June 30, 2026, PJT Partners, Inc. Class A trades at an EV/EBITDA multiple of 10.35 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.46 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 11.19 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. PJT Partners, Inc. Class A trades at an EV/FCF ratio of 7.01, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 4.64B versus a market cap of 3.79B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.46
EV / EBITDA10.35
EV / EBIT11.19
EV / FCF7.01

Financial Position

As of June 30, 2026, PJT Partners, Inc. Class A maintains a current ratio of 6.78, meaning it holds 6.8x the short-term assets needed to cover near-term liabilities.

Current Ratio6.78
Quick Ratio6.78
Debt / Equity42.65
Debt / EBITDA0.94

Financial Efficiency

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Over the twelve months ended June 30, 2026, PJT Partners, Inc. Class A posted a return on equity (ROE) of 83.23, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 26.33 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 12.21, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 4.08, useful for judging operating efficiency across full business cycles. The company generates approximately 1.57M in revenue per employee across its workforce of 1,203.75, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)83.23
Return on Assets (ROA)12.21
Return on Invested Capital (ROIC)26.33
Return on Capital Employed (ROCE)4.08
Revenue Per Employee1.57M
Employee Count1,203.75

Taxes

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Over the twelve months ended June 30, 2026, PJT Partners, Inc. Class A recorded 51.67M in income tax expense. That works out to an effective tax rate of 13.04, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 396.34M, leaving 199.53M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax51.67M
Effective Tax Rate13.04

Stock Price Statistics

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As of the close on October 22, 2026, PJT Partners, Inc. Class A's stock has declined approximately 20.53% over the past 52 weeks. The 50-day moving average sits at 161.63, while the 200-day moving average is 165.63.

52-Week Price Change-20.53%
50-Day Moving Average161.63
200-Day Moving Average165.63

Income Statement

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Over the twelve months ended June 30, 2026, PJT Partners, Inc. Class A generated 1.89B in revenue and converted that into 199.53M in net income, yielding earnings per share of 10.67. EBITDA reached 448.41M, while operating income came in at 414.68M.

Revenue1.89B
Gross Profit620.91M
Operating Income414.68M
Pretax Income396.34M
Net Income199.53M
EBITDA448.41M
EBIT414.68M
Earnings Per Share (EPS)10.67

Balance Sheet

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As of June 30, 2026, PJT Partners, Inc. Class A holds 235.54M in cash and equivalents against 419.35M in total debt, resulting in a net debt position of -235.54M. Total book value stands at 312.06M, with working capital of 537.03M providing operational flexibility.

Cash & Cash Equivalents235.54M
Total Debt419.35M
Net Debt-235.54M
Equity (Book Value)312.06M
Book Value Per Share12.20
Working Capital537.03M

Cash Flow

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PJT Partners, Inc. Class A produced 713.02M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -51.19M in capital expenditures, free cash flow totaled 661.83M - equivalent to 25.31 per share.

Operating Cash Flow713.02M
Capital Expenditures-51.19M
Free Cash Flow661.83M
FCF Per Share25.31

Margins

Over the twelve months ended June 30, 2026, PJT Partners, Inc. Class A posted a gross margin of 32.91, reflecting its pricing power and cost economics. The operating margin of 21.98 and net profit margin of 10.58 provide insight into operational efficiency.

Gross Margin32.91
Operating Margin21.98
Pretax Margin21.01
Profit Margin10.58
EBITDA Margin23.77

Dividends & Yields

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Over the twelve months ended June 30, 2026, PJT Partners, Inc. Class A paid dividends of 0.96 per share. The dividend payout ratio of 5.13 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 13.84, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 11.83, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to PJT Partners, Inc. Class A shareholders.

Dividend Per Share0.96
Payout Ratio5.13
Shareholder Yield11.83
FCF Yield13.84

Scores

As of June 30, 2026, PJT Partners, Inc. Class A has an Altman Z-Score of 5.87, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score5.87