PJT Partners Inc. balance sheet
At the end of fiscal 2025, PJT Partners Inc. had total assets of $1.84bn, total liabilities of $834m and shareholders' equity of $308m. It held $539m in cash against $0 of debt: net cash of $539m.
Balance sheet
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 30 | 39 | 82 | 152 | 146 | 106 | 216 | 300 | 200 | 173 | 356 | 484 | 539 | 236 |
| Goodwill | 69 | 69 | 76 | 72 | 72 | 176 | 173 | 173 | 173 | 173 | 173 | 192 | 192 | 192 |
| Total assets | — | 348 | 467 | 590 | 559 | 672 | 953 | 1,172 | 988 | 1,051 | 1,435 | 1,635 | 1,843 | 1,756 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | — | 16 | 125 | 177 | 137 | 184 | 378 | 484 | 350 | 291 | 574 | 734 | 834 | 773 |
| Shareholders' equity | 301 | 332 | 32 | −9 | −157 | −26 | 31 | 154 | 120 | 185 | 245 | 187 | 308 | 312 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | 310 | 422 | 580 | 514 | 543 | 534 | 517 | 574 | 616 | 715 | 701 | 671 |
| Net debt (negative = net cash) | −30 | −39 | −82 | −152 | −146 | −106 | −216 | −300 | −200 | −173 | −356 | −484 | −539 | −236 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 173 | 192 | 192 | 192 | 192 | 192 | 192 | 192 |
| Total assets | 1,560 | 1,635 | 1,397 | 1,511 | 1,719 | 1,843 | 1,564 | 1,756 |
| Total liabilities | 679 | 734 | 572 | 663 | 789 | 834 | 634 | 773 |
| Shareholders' equity | 159 | 187 | 149 | 167 | 229 | 308 | 273 | 312 |
| Non-controlling interests and other (assets − liabilities − equity) | 721 | 715 | 675 | 681 | 702 | 701 | 657 | 671 |
Compare with peers
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