PJT Partners Reports Record Full Year and Q4 2025 Financial Results with Strong Growth
Summary
PJT Partners Inc. announced record financial results for both the full year and fourth quarter of 2025, driven by significant increases in revenues, pretax income, and earnings per share.
Key Events
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Record Full Year 2025 Performance
Revenues increased 15% to $1.71 billion, GAAP Diluted EPS rose 36% to $6.68, and Adjusted EPS grew 39% to $6.98.
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Strong Fourth Quarter 2025 Results
Revenues increased 12% to $535 million, GAAP Diluted EPS rose 8% to $1.97, and Adjusted EPS grew 34% to $2.55.
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Robust Balance Sheet & Capital Management
Ended the year with $586 million in cash and no funded debt, repurchased 2.4 million shares in 2025, and declared a quarterly dividend of $0.25 per share.
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Headcount Growth
Firm-wide partner headcount increased 12% to 133, and total headcount grew 7% to 1,224.
Analysis
PJT Partners Inc. delivered exceptional financial performance in 2025, achieving record revenues, pretax income, and EPS for both the full year and the fourth quarter. The company saw robust growth in advisory and placement fees, reflecting strong business activity. A healthy balance sheet with substantial cash and no funded debt, coupled with ongoing share repurchases and a declared dividend, underscores financial strength and commitment to shareholder returns. These results position the company favorably for continued growth in various market environments.
At the time of this filing, PJT was trading at $174.00 on NYSE in the Finance sector, with a market capitalization of approximately $8.5B. The 52-week trading range was $119.76 to $195.62. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.