PJT Partners (PJT) Net Margin (2014 - 2026)
PJT Partners (PJT) posted Net Margin of 16.72% for Q2 2026, down 21.68% on a QoQ basis from 21.34% in Q1 2026, and up 162.0% year-over-year from 6.38% in Q2 2025.
Analysis
PJT Partners (PJT) Net Margin (2014 - 2026) Analysis & Trends
PJT Partners has reported Net Margin for 13 years, with the latest figure at 16.72% in Q2 2026.
- On a quarterly basis, Net Margin rose 162.0% year-over-year to 16.72% in Q2 2026; TTM through Jun 2026 was 19.9%, a 48.0% increase from a year earlier, with the FY2025 full-year figure at 19.87%, up 186.0% from the prior year.
- Net Margin was 16.72% for Q2 2026 at PJT Partners, down from 21.34% in the prior quarter.
- The five-year high for Net Margin was 29.26% in Q4 2022, with the low at 11.19% in Q3 2023.
- Average Net Margin over 5 years is 17.48%, with a median of 15.65% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Net Margin plunged 1473 bps in 2023, then surged 1088 bps in 2024.
- Over 5 years, Net Margin stood at 29.26% in 2022, then plunged by 50 bps to 14.54% in 2023, then surged by 75 bps to 25.42% in 2024, then slipped by 5 bps to 24.27% in 2025, then tumbled by 31 bps to 16.72% in 2026.
- The last three Net Margin figures came in at 16.72% (Q2 2026), 21.34% (Q1 2026), and 24.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 10.67% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 7.26% |
| 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 | 16.72% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 14.13% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | -1.06% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 4.08% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 4.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.72% |
| Mar 31, 2026 | 21.34% |
| Dec 31, 2025 | 24.27% |
| Sep 30, 2025 | 16.77% |
| Jun 30, 2025 | 15.10% |
| Mar 31, 2025 | 22.85% |
| Dec 31, 2024 | 25.42% |
| Sep 30, 2024 | 12.59% |
| Jun 30, 2024 | 14.72% |
| Mar 31, 2024 | 16.20% |
| Dec 31, 2023 | 14.54% |
| Sep 30, 2023 | 11.19% |
| Jun 30, 2023 | 11.86% |
| Mar 31, 2023 | 13.99% |
| Dec 31, 2022 | 29.26% |
| Sep 30, 2022 | 14.67% |
| Jun 30, 2022 | 15.10% |
| Mar 31, 2022 | 18.05% |
| Dec 31, 2021 | 25.58% |
| Sep 30, 2021 | 16.94% |