PJT Partners (PJT) Rent Expense (2014 - 2026)
PJT Partners (PJT) posted Rent Expense of $15.8 million for Q2 2026, up 1.4% on a QoQ basis from $15.6 million in Q1 2026, and up 6.62% year-over-year from $14.9 million in Q2 2025.
Analysis
PJT Partners (PJT) Rent Expense (2014 - 2026) Analysis & Trends
PJT Partners has reported Rent Expense for 13 years, with the latest figure at $15.8 million in Q2 2026.
- On a quarterly basis, Rent Expense rose 6.62% year-over-year to $15.8 million in Q2 2026; TTM through Jun 2026 was $62.4 million, a 13.06% increase from a year earlier, with the FY2025 full-year figure at $59.7 million, up 17.77% from the prior year.
- Rent Expense was $15.8 million for Q2 2026 at PJT Partners, up from $15.6 million in the prior quarter.
- The five-year high for Rent Expense was $15.8 million in Q2 2026, with the low at $8.2 million in Q3 2022.
- Average Rent Expense over 5 years is $12.1 million, with a median of $12.1 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Rent Expense decreased 3.94% in 2022, then jumped 32.69% in 2024.
- Over 5 years, Rent Expense stood at $9.4 million in 2022, then advanced by 13.79% to $10.7 million in 2023, then climbed by 25.6% to $13.5 million in 2024, then advanced by 15.16% to $15.5 million in 2025, then climbed by 2.2% to $15.8 million in 2026.
- The last three Rent Expense figures came in at $15.8 million (Q2 2026), $15.6 million (Q1 2026), and $15.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 29.73 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 34.50 Mn |
| 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 | 15.85 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 10.47 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 16.78 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 33.81 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 5.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.85 Mn |
| Mar 31, 2026 | 15.63 Mn |
| Dec 31, 2025 | 15.51 Mn |
| Sep 30, 2025 | 15.42 Mn |
| Jun 30, 2025 | 14.87 Mn |
| Mar 31, 2025 | 13.91 Mn |
| Dec 31, 2024 | 13.47 Mn |
| Sep 30, 2024 | 12.96 Mn |
| Jun 30, 2024 | 12.11 Mn |
| Mar 31, 2024 | 12.16 Mn |
| Dec 31, 2023 | 10.72 Mn |
| Sep 30, 2023 | 9.77 Mn |
| Jun 30, 2023 | 9.92 Mn |
| Mar 31, 2023 | 10.01 Mn |
| Dec 31, 2022 | 9.42 Mn |
| Sep 30, 2022 | 8.23 Mn |
| Jun 30, 2022 | 8.66 Mn |
| Mar 31, 2022 | 8.94 Mn |
| Dec 31, 2021 | 8.90 Mn |
| Sep 30, 2021 | 8.57 Mn |