PJT Partners (PJT) FCF Margin (2014 - 2026)
PJT Partners (PJT) posted FCF Margin of 46.55% for Q2 2026, up 247.68% on a QoQ basis from 13.39% in Q1 2026, and up 258.0% year-over-year from 13.0% in Q2 2025.
Analysis
PJT Partners (PJT) FCF Margin (2014 - 2026) Analysis & Trends
PJT Partners has reported FCF Margin for 13 years, with the latest figure at 46.55% in Q2 2026.
- On a quarterly basis, FCF Margin rose 258.0% year-over-year to 46.55% in Q2 2026; TTM through Jun 2026 was 35.08%, a 414.0% increase from a year earlier, with the FY2025 full-year figure at 28.04%, down 730.0% from the prior year.
- FCF Margin was 46.55% for Q2 2026 at PJT Partners, up from 13.39% in the prior quarter.
- The five-year high for FCF Margin was 68.1% in Q2 2022, with the low at 24.01% in Q1 2025.
- Average FCF Margin over 5 years is 29.35%, with a median of 42.44% recorded in 2024.
- The largest YoY upside for FCF Margin was 5500 bps in 2022 against a maximum downside of 1699 bps in 2022.
- Over 5 years, FCF Margin stood at 12.95% in 2022, then surged by 390 bps to 37.52% in 2023, then gained by 9 bps to 40.92% in 2024, then sank by 37 bps to 25.89% in 2025, then soared by 80 bps to 46.55% in 2026.
- The last three FCF Margin figures came in at 46.55% (Q2 2026), 13.39% (Q1 2026), and 25.89% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 51.56% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 49.75% |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 46.55% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 5.74% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 24.03% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 129.64% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 30.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.55% |
| Mar 31, 2026 | 13.39% |
| Dec 31, 2025 | 25.89% |
| Sep 30, 2025 | 53.88% |
| Jun 30, 2025 | 43.97% |
| Mar 31, 2025 | -24.01% |
| Dec 31, 2024 | 40.92% |
| Sep 30, 2024 | 54.71% |
| Jun 30, 2024 | 53.59% |
| Mar 31, 2024 | -11.91% |
| Dec 31, 2023 | 37.52% |
| Sep 30, 2023 | 53.74% |
| Jun 30, 2023 | 54.83% |
| Mar 31, 2023 | -12.57% |
| Dec 31, 2022 | -12.95% |
| Sep 30, 2022 | 60.11% |
| Jun 30, 2022 | 68.10% |
| Mar 31, 2022 | -17.48% |
| Dec 31, 2021 | -3.56% |
| Sep 30, 2021 | 77.10% |