PJT Partners (PJT) Net Margin (2014 - 2026)
PJT Partners (PJT) posted quarterly Net Margin of 21.34% for Q1 2026, down 170.0% year-over-year from 30.49% in Q1 2025, and down 34.46% on a QoQ basis from 32.56% in Q4 2025.
PJT Partners (PJT) Net Margin (2014 - 2026) Analysis & Trends
PJT Partners (PJT) has reported Net Margin for 13 consecutive years, with 21.34% the latest figure, recorded in 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 came in at 21.34% for Q1 2026 at PJT Partners, down from 32.56% in the prior quarter.
- The five-year high for Net Margin was 32.56% in Q4 2025, with the low at 68.43% in Q4 2022.
- Average Net Margin over 5 years is 8.52%, with a median of 15.1% recorded in 2022.
- Across the five-year window, Net Margin sank 1600 bps in 2022 and soared 5877 bps in 2024, its largest moves.
- Year by year, Net Margin 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 sank by 34 bps to 21.34% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 21.34%, 32.56%, and 16.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 26.29% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 31.36% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 36.98% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 32.80% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 7.22% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 37.74% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 132.82% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -171.16% |
| 10 | PJT Partners | 59.27 Mn | 407.49 Mn | 412.92 Mn | 21.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |