Financial Snapshot

Revenue
$1.344B
TTM
Gross Margin
Net Earnings
$108.0M
TTM
Current Assets
$492.4M
Q3 2024
Current Liabilities
$634.7M
Q3 2024
Current Ratio
77.58%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$880.5M
Q3 2024
Cash
Q3 2024
P/E
58.48
Nov 29, 2024 EST
Free Cash Flow
$455.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.153B $1.026B $991.9M $1.052B $717.6M $580.2M $499.3M $499.4M $405.9M $401.1M $397.0M $354.6M
YoY Change 12.45% 3.38% -5.74% 46.63% 23.68% 16.22% -0.03% 23.03% 1.21% 1.04% 11.94% -8.3%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.153B $1.026B $991.9M $1.052B $717.6M $580.2M $499.3M $499.4M $405.9M $401.1M $397.0M $354.6M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $930.7M $773.7M $729.1M $762.7M $594.6M $508.1M $462.1M $446.1M $389.4M $374.3M $394.3M $375.8M
YoY Change 20.3% 6.12% -4.41% 28.27% 17.02% 9.95% 3.59% 14.56% 4.03% -5.07% 4.92% -7.48%
% of Gross Profit
Research & Development $17.16M $16.90M $18.06M $14.67M $13.38M $12.54M $10.77M $8.875M $7.622M $7.048M $6.772M
YoY Change 1.54% -6.44% 23.12% 9.63% 6.71% 16.43% 21.35% 16.44% 8.14% 4.08%
% of Gross Profit
Depreciation & Amortization $14.05M $15.48M $15.75M $15.06M $14.50M $9.973M $8.143M $5.200M $3.900M $5.100M $6.122M $10.70M
YoY Change -9.23% -1.75% 4.62% 3.86% 45.35% 22.47% 56.6% 33.33% -23.53% -16.69% -42.79%
% of Gross Profit
Operating Expenses $944.8M $16.90M $744.8M $777.8M $13.38M $12.54M $10.77M $8.875M $7.622M $7.048M $6.772M $386.4M
YoY Change 5491.41% -97.73% -4.24% 5713.15% 6.71% 16.43% 21.35% 16.44% 8.14% 4.08% -98.25% -4.87%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$30.79M -$34.87M -$27.68M -$26.60M -$26.40M -$20.60M -$19.00M -$24.80M -$7.600M -$11.40M -$7.700M -$7.400M
YoY Change -11.69% 25.99% 4.05% 0.76% 28.16% 8.42% -23.39% 226.32% -33.33% 48.05% 4.05% -62.24%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income $177.6M $201.5M $219.4M $248.0M $82.19M $41.51M $10.05M $14.50M -$5.936M $7.538M -$13.80M -$39.20M
YoY Change -11.84% -8.19% -11.5% 201.69% 97.99% 312.9% -30.66% -344.27% -178.75% -154.62% -64.8% 0.26%
Income Tax $31.93M $36.70M $29.49M $35.54M $18.40M -$1.045M $38.38M $9.392M $239.0K $3.046M $3.373M $3.400M
% Of Pretax Income 17.98% 18.22% 13.44% 14.33% 22.39% -2.52% 381.74% 64.77% 40.41%
Net Earnings $81.80M $90.53M $106.2M $117.5M $29.56M $27.17M -$32.55M -$3.034M $7.576M $4.492M -$17.17M -$42.50M
YoY Change -9.65% -14.73% -9.68% 297.64% 8.8% -183.46% 972.97% -140.05% 68.66% -126.16% -59.59% -0.7%
Net Earnings / Revenue 7.09% 8.83% 10.7% 11.17% 4.12% 4.68% -6.52% -0.61% 1.87% 1.12% -4.33% -11.99%
Basic Earnings Per Share
Diluted Earnings Per Share $1.95 $3.40 $2.506M $2.726M $1.184M $1.119M -$1.725M -$163.9K $415.3K $250.0K -$955.6K -$2.361M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $355.5M $173.2M $200.5M $299.5M $216.0M $106.1M $145.6M $152.4M $82.30M $38.50M $29.70M
YoY Change 105.24% -13.59% -33.06% 38.66% 103.58% -27.13% -4.46% 85.18% 113.77% 29.63%
Cash & Equivalents $355.5M $173.2M $200.5M $299.5M $216.0M $106.1M $145.6M $152.4M $82.30M $38.50M $29.70M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $263.5M $317.8M $289.3M $233.2M $227.5M $217.8M $190.4M $227.6M $169.6M $162.9M $162.5M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $48.70M $27.30M
Total Short-Term Assets $619.1M $491.0M $489.7M $532.7M $443.5M $323.9M $336.0M $380.0M $251.9M $250.1M $219.5M
YoY Change 26.09% 0.25% -8.06% 20.11% 36.92% -3.6% -11.58% 50.85% 0.72% 13.94%
Property, Plant & Equipment $325.1M $149.7M $175.1M $189.6M $203.6M $34.80M $33.80M $38.20M $31.50M $5.100M $4.500M
YoY Change 117.14% -14.48% -7.67% -6.88% 485.06% 2.96% -11.52% 21.27% 517.65% 13.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $81.38M $50.24M $0.00 $137.9M $1.500M $2.200M $37.10M
YoY Change 61.98% -100.0% 9093.33% -31.82% -94.07%
Other Assets $72.46M $69.17M $63.78M $53.30M $48.20M $58.90M $44.00M $71.00M $69.50M $3.800M $3.700M
YoY Change 4.75% 8.45% 19.67% 10.58% -18.17% 33.86% -38.03% 2.16% 1728.95% 2.7%
Total Long-Term Assets $815.9M $559.7M $497.9M $638.9M $509.3M $347.9M $223.0M $210.5M $215.4M $97.90M $100.2M
YoY Change 45.78% 12.41% -22.07% 25.45% 46.39% 56.01% 5.94% -2.27% 120.02% -2.3%
Total Assets $1.435B $1.051B $987.6M $1.172B $952.8M $671.8M $559.0M $590.5M $467.3M $348.0M $319.7M
YoY Change
Accounts Payable $22.30M $24.78M $23.75M $25.80M $24.60M $24.70M $16.60M $17.00M $29.10M $4.800M $4.500M
YoY Change -10.01% 4.33% -7.93% 4.88% -0.4% 48.8% -2.35% -41.58% 506.25% 6.67%
Accrued Expenses $505.0M $219.5M $278.7M $425.7M $303.7M $89.60M $96.90M $140.1M $81.20M $9.200M $12.70M
YoY Change 130.02% -21.23% -34.52% 40.17% 238.95% -7.53% -30.84% 72.54% 782.61% -27.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $100.0K
YoY Change -100.0%
Total Short-Term Liabilities $533.9M $247.8M $306.0M $454.2M $333.2M $121.3M $115.9M $158.6M $112.0M $14.10M $17.50M
YoY Change 115.46% -19.02% -32.63% 36.31% 174.69% 4.66% -26.92% 41.61% 694.33% -19.43%
Long-Term Debt $0.00 $0.00 $0.00 $100.0K $21.60M $30.00M $300.0K $400.0K $400.0K $0.00 $0.00
YoY Change -100.0% -99.54% -28.0% 9900.0% -25.0% 0.0%
Other Long-Term Liabilities $39.94M $43.31M $44.08M $29.30M $23.50M $32.70M $20.30M $18.10M $12.90M $1.600M $800.0K
YoY Change -7.8% -1.73% 50.44% 24.68% -28.13% 61.08% 12.15% 40.31% 706.25% 100.0%
Total Long-Term Liabilities $39.94M $43.31M $44.08M $29.40M $45.10M $62.70M $20.60M $18.50M $13.30M $1.600M $800.0K
YoY Change -7.8% -1.73% 49.93% -34.81% -28.07% 204.37% 11.35% 39.1% 731.25% 100.0%
Total Liabilities $1.190B $865.5M $867.4M $1.017B $921.4M $698.3M $716.2M $599.0M $578.1M $15.60M $18.30M
YoY Change 37.52% -0.21% -14.74% 10.41% 31.95% -2.5% 19.57% 3.62% 3605.77% -14.75%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $6.3158 Billion

About PJT Partners Inc.

PJT Partners, Inc. is a holding company, which engages in the provision of advisory-investment solutions. The company is headquartered in New York City, New York and currently employs 1,012 full-time employees. The company went IPO on 2015-09-18. The firm provides independent advice coupled with client service. The firm advises clients on transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments and divestitures. Additionally, it advises private and public company boards and management teams on strategies for building investor relationships with a focus on shareholder engagement; complex investor matters; environmental, social and governance (ESG) transition solutions; and other critical strategic, governance and shareholder matters. Its restructuring and special situations business provides advisory in financial restructuring and reorganization, liability management, distressed M&A and Chapter 11 matters. The Company’s global alternative asset advisory and fundraising business provides private fund advisory and fundraising services for a diverse range of investment strategies.

Industry: Investment Advice Peers: B. Riley Financial, Inc. BGC Group, Inc. Freedom Holding Corp. COWEN INC. MORGAN STANLEY Evercore Inc. Perella Weinberg Partners StoneX Group Inc. Moelis & Co PIPER SANDLER COMPANIES