OverviewSuggest Edit

PJT Partners is an advisory-focused investment bank. It provides strategic advisory, restructuring, special situations and private fund advisory and placement services. The Company serves corporations, financial sponsors, institutional investors, and governments. It offers a range of financial advisory and transaction execution capability, including mergers and acquisitions, joint ventures, minority investments, asset swaps. The Company also specializes in recapitalizations, reorganizations, exchange offers, debt repurchases, capital raises.

TypePublic
Founded2014
HQNew York, US
Websitepjtpartners.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2017)353
Job Openings20
Revenue (FY, 2018)$575.7 M(+16%)
Share Price (Jun 2019)$39.9

Key People/Management at PJT Partners

Paul J. Taubman

Paul J. Taubman

Chairman and Chief Executive Officer
James W. Cuminale

James W. Cuminale

General Counsel
Dennis S. Hersch

Dennis S. Hersch

Director
Emily K. Rafferty

Emily K. Rafferty

Director
Kenneth C. Whitney

Kenneth C. Whitney

Director
Thomas M. Ryan

Thomas M. Ryan

Director
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PJT Partners Office Locations

PJT Partners has an office in New York
New York, US (HQ)
280 Park Ave
Show all (1)

PJT Partners Financials and Metrics

PJT Partners Revenue

PJT Partners's revenue was reported to be $575.73 m in FY, 2018
USD

Revenue (FY, 2018)

575.7m

Net income (FY, 2018)

42.6m

Market capitalization (10-Jun-2019)

946.4m

Closing stock price (10-Jun-2019)

39.9

Cash (31-Dec-2018)

106.1m
PJT Partners's current market capitalization is $946.4 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

401.1m405.9m499.4m499.3m575.7m

Revenue growth, %

1%23%

Sales and marketing expense

315.2m381.0m391.5m424.5m

Operating expense total

411.9m484.9m489.2m538.7m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

121.3m109.3m78.5m134.0m129.5m

Sales and marketing expense

95.8m87.6m68.0m103.6m94.3m

Operating expense total

123.3m111.4m94.1m131.4m120.5m

Depreciation and amortization

4.0m2.0m2.0m2.0m2.1m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

82.3m145.6m106.1m

Accounts Receivable

169.6m190.4m217.8m

Goodwill

75.8m72.3m176.0m

Total Assets

467.3m559.0m671.8m
Quarterly
USDQ3, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

156.9m60.9m102.3m56.3m95.5m

Accounts Receivable

182.1m220.6m168.4m219.1m211.8m

Goodwill

72.3m72.3m72.3m72.3m72.3m

Total Assets

559.8m539.6m562.0m501.6m533.7m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(6.2m)(28.3m)42.6m

Depreciation and Amortization

3.8m8.1m10.0m

Accounts Payable

(240.0k)

Cash From Operating Activities

112.1m111.2m122.9m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

1.4m(3.3m)(13.6m)3.0m2.4m38.0k6.7m17.7m

Depreciation and Amortization

2.8m5.6m3.7m2.1m4.1m6.2m2.0m4.1m

Cash From Operating Activities

97.0m(35.7m)(4.5m)71.1m(53.0m)20.2m

Cash From Investing Activities

(11.4m)(25.3m)(35.5m)(56.0m)11.2m8.4m
USDY, 2018

Financial Leverage

1.4 x
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PJT Partners Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Clients (Advisory Fees)

142 64 57 57 134 75 66 68 145 67 52

Clients (Placement Fees)

75 36 39 41 76 44 46 39 78 46 46

Partners

46 51
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PJT Partners Revenue Breakdown

Embed Graph

PJT Partners revenue breakdown by geographic segment: 93.1% from Domestic and 6.9% from International

PJT Partners News and Updates

MOVES-JP Morgan banker Christoph Seidel to join PJT Partners -sources

JP Morgan's head of M&A and corporate finance in Germany and Austria, Christoph Seidel, is leaving the bank to join investment banking boutique PJT Partners, people close to the matter said on Friday.

A star pharma analyst dubbed the 'Conglomerate Killer' is set to become a dealmaker at PJT Partners

Jami Rubin, a former Goldman Sachs star pharma analyst, just landed a new gig as a banker at PJT Partners. Rubin left Goldman Sachs in early November, Business Insider reported, saying that she planned to become a banker and strategic adviser. Jami Rubin has landed.  Formerly Goldman Sachs's top …

PJT Partners Frequently Asked Questions

  • When was PJT Partners founded?

    PJT Partners was founded in 2014.

  • Who are PJT Partners key executives?

    PJT Partners's key executives are Paul J. Taubman, James W. Cuminale and Dennis S. Hersch.

  • How many employees does PJT Partners have?

    PJT Partners has 353 employees.

  • What is PJT Partners revenue?

    Latest PJT Partners annual revenue is $575.7 m.

  • What is PJT Partners revenue per employee?

    Latest PJT Partners revenue per employee is $1.6 m.

  • Who are PJT Partners competitors?

    Competitors of PJT Partners include Pictet, Zagrebacka Banka and BankNordik.

  • Where is PJT Partners headquarters?

    PJT Partners headquarters is located at 280 Park Ave, New York.

  • Where are PJT Partners offices?

    PJT Partners has an office in New York.

  • How many offices does PJT Partners have?

    PJT Partners has 1 office.