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

PJT Partners (PJT) recorded quarterly Net Margin of 21.34% in Q1 2026, down 34.46% quarter-over-quarter from 32.56% in Q4 2025, and down 170.0% on a YoY basis from 30.49% in Q1 2025.

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

PJT Partners' Net Margin history runs 13 years deep, the most recent figure standing at 21.34% for Q1 2026.

  • In Q1 2026, Net Margin fell 170.0% year-over-year to 21.34%; the TTM figure through Mar 2026 stood at 22.09% (up 521.0% YoY), while the FY2025 annual figure was 22.35%, up 695.0% from the prior year.
  • Net Margin was 21.34% for Q1 2026 at PJT Partners, down from 32.56% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 32.56% in Q4 2025 to a low of 68.43% in Q4 2022.
  • Historically, Net Margin has averaged 8.52% across 5 years, with a median of 15.1% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Net Margin plunged 1600 bps in 2022, then soared 5877 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 68.43% in 2022, then surged by 39 bps to 41.49% in 2023, then jumped by 142 bps to 17.28% in 2024, then surged by 88 bps to 32.56% in 2025, then plunged by 34 bps to 21.34% in 2026.
  • The last three Net Margin figures came in at 21.34% (Q1 2026), 32.56% (Q4 2025), and 16.95% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 26.29%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 31.36%
4 Schwab Charles 153.74 Bn 108.77 Bn - 36.98%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 32.80%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 16.00%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 7.22%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 37.74%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 132.82%
10 PJT Partners 4.15 Bn 4.50 Bn 412.92 Mn 21.34%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.34%
Dec 31, 2025 32.56%
Sep 30, 2025 16.95%
Jun 30, 2025 15.10%
Mar 31, 2025 23.04%
Dec 31, 2024 17.28%
Sep 30, 2024 12.59%
Jun 30, 2024 14.72%
Mar 31, 2024 16.32%
Dec 31, 2023 -41.49%
Sep 30, 2023 11.19%
Jun 30, 2023 11.86%
Mar 31, 2023 13.99%
Dec 31, 2022 -68.43%
Sep 30, 2022 14.67%
Jun 30, 2022 15.10%
Mar 31, 2022 18.05%
Dec 31, 2021 -52.43%
Sep 30, 2021 16.94%
Jun 30, 2021 17.81%