PJT Partners (PJT) Tax Rate (2014 - 2026)
PJT Partners (PJT) posted Tax Rate of 20.38% for Q2 2026, up 284.75% on a QoQ basis from 11.03% in Q1 2026, and up 71.0% year-over-year from 11.92% in Q2 2025.
Analysis
PJT Partners (PJT) Tax Rate (2014 - 2026) Analysis & Trends
PJT Partners has reported Tax Rate for 13 years, with the latest figure at 20.38% in Q2 2026.
- On a quarterly basis, Tax Rate rose 71.0% year-over-year to 20.38% in Q2 2026; TTM through Jun 2026 was 19.43%, a 1250.0% increase from a year earlier, with the FY2025 full-year figure at 17.46%, up 433.0% from the prior year.
- Tax Rate was 20.38% for Q2 2026 at PJT Partners, up from 11.03% in the prior quarter.
- The five-year high for Tax Rate was 32.51% in Q4 2025, with the low at 41.05% in Q1 2025.
- Average Tax Rate over 5 years is 12.27%, with a median of 17.21% recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Tax Rate tumbled 4204 bps in 2025, then surged 3002 bps in 2026.
- Over 5 years, Tax Rate stood at 14.48% in 2022, then advanced by 0 bps to 14.55% in 2023, then dropped by 1 bps to 14.4% in 2024, then soared by 126 bps to 32.51% in 2025, then slumped by 37 bps to 20.38% in 2026.
- The last three Tax Rate figures came in at 20.38% (Q2 2026), 11.03% (Q1 2026), and 32.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 27.84% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 20.79% |
| 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 | 20.38% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 26.77% |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 30.21% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 158.38% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | -15.99% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | -4.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.38% |
| Mar 31, 2026 | -11.03% |
| Dec 31, 2025 | 32.51% |
| Sep 30, 2025 | 17.59% |
| Jun 30, 2025 | 19.67% |
| Mar 31, 2025 | -41.05% |
| Dec 31, 2024 | 14.40% |
| Sep 30, 2024 | 16.83% |
| Jun 30, 2024 | 17.65% |
| Mar 31, 2024 | 0.99% |
| Dec 31, 2023 | 14.55% |
| Sep 30, 2023 | 26.79% |
| Jun 30, 2023 | 24.21% |
| Mar 31, 2023 | 4.13% |
| Dec 31, 2022 | 14.48% |
| Sep 30, 2022 | 18.05% |
| Jun 30, 2022 | 19.44% |
| Mar 31, 2022 | 11.33% |
| Dec 31, 2021 | 11.80% |
| Sep 30, 2021 | 18.83% |