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
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%