PJT Partners PJT
NYSE PJT
$151.47 +0.26 (+0.17%)
At close: Sep 18, 2026 · 4:00 PM EDT

PJT Partners (PJT) Gross Margin (2014 - 2026)

PJT Partners (PJT) posted Gross Margin of 99.11% for Q2 2026, little changed on a QoQ basis from 98.74% in Q1 2026, and up 39.0% year-over-year from 71.3% in Q2 2025.

Analysis

PJT Partners (PJT) Gross Margin (2014 - 2026) Analysis & Trends

PJT Partners has reported Gross Margin for 13 years, with the latest figure at 99.11% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 39.0% year-over-year to 99.11% in Q2 2026; TTM through Jun 2026 was 99.03%, a 40.0% increase from a year earlier, with the FY2025 full-year figure at 98.84%, up 13.0% from the prior year.
  • Gross Margin was 99.11% for Q2 2026 at PJT Partners, roughly flat from 98.74% in the prior quarter.
  • The five-year high for Gross Margin was 100.49% in Q4 2023, with the low at 96.84% in Q1 2023.
  • Average Gross Margin over 5 years is 98.22%, with a median of 98.23% recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin soared 329 bps in 2023, then sank 112 bps in 2024.
  • Over 5 years, Gross Margin stood at 97.2% in 2022, then increased by 3 bps to 100.49% in 2023, then decreased by 1 bps to 99.37% in 2024, then dropped by 0 bps to 99.36% in 2025, then dropped by 0 bps to 99.11% in 2026.
  • The last three Gross Margin figures came in at 99.11% (Q2 2026), 98.74% (Q1 2026), and 99.36% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn 97.71%
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn 99.00%
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 99.11%
6 Moelis 5.25 Bn 5.17 Bn - -
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - -
8 Lazard 3.95 Bn 2.96 Bn - -
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn 98.79%
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 99.11%
Mar 31, 2026 98.74%
Dec 31, 2025 99.36%
Sep 30, 2025 98.81%
Jun 30, 2025 98.72%
Mar 31, 2025 98.15%
Dec 31, 2024 99.37%
Sep 30, 2024 97.90%
Jun 30, 2024 98.94%
Mar 31, 2024 98.30%
Dec 31, 2023 100.49%
Sep 30, 2023 97.47%
Jun 30, 2023 97.56%
Mar 31, 2023 96.84%
Dec 31, 2022 97.20%
Sep 30, 2022 97.01%
Jun 30, 2022 97.14%
Mar 31, 2022 96.85%
Dec 31, 2021 97.89%
Sep 30, 2021 96.87%