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PJT (PJT Partners) Gross Profit : $461 Mil (TTM As of Dec. 2024)


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What is PJT Partners Gross Profit?

PJT Partners's gross profit for the three months ended in Dec. 2024 was $151 Mil. PJT Partners's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $461 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PJT Partners's gross profit for the three months ended in Dec. 2024 was $151 Mil. PJT Partners's Revenue for the three months ended in Dec. 2024 was $477 Mil. Therefore, PJT Partners's Gross Margin % for the quarter that ended in Dec. 2024 was 31.69%.

PJT Partners had a gross margin of 31.69% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of PJT Partners was 35.48%. The lowest was 21.58%. And the median was 30.10%.


PJT Partners Gross Profit Historical Data

The historical data trend for PJT Partners's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PJT Partners Gross Profit Chart

PJT Partners Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 368.91 351.91 356.36 347.80 461.11

PJT Partners Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.28 100.47 109.86 99.53 151.26

Competitive Comparison of PJT Partners's Gross Profit

For the Capital Markets subindustry, PJT Partners's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PJT Partners's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PJT Partners's Gross Profit distribution charts can be found below:

* The bar in red indicates where PJT Partners's Gross Profit falls into.


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PJT Partners Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

PJT Partners's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1493.177 - 1032.07
=461

PJT Partners's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=477.281 - 326.022
=151

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $461 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

PJT Partners's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=151 / 477.281
=31.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


PJT Partners  (NYSE:PJT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

PJT Partners had a gross margin of 31.69% for the quarter that ended in Dec. 2024 => Competition eroding margins


PJT Partners Gross Profit Related Terms

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PJT Partners Business Description

Traded in Other Exchanges
Address
280 Park Avenue, New York, NY, USA, 10017
PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement services and others. Geographically, It generates a majority of its revenue from the United States.
Executives
Kenneth C Whitney director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
David Adam Travin officer: General Counsel C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
James Costos director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Ji-yeun Lee officer: Managing Partner C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kievdi Don Cornwell director C/O PJT PARTNERS INC., 280 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10017
Grace Reksten Skaugen director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Emily K Rafferty director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Helen T Meates officer: Chief Financial Officer C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
James W Cuminale officer: General Counsel ONE PICKWICK PLAZA, GREENWICH CT 06830
Paul J Taubman director, officer: Chairman and CEO C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Dennis S Hersch director 8000 WALTON PARKWAY, SUITE 100, NEW ALBANY OH 43054
Thomas M Ryan director ONE CVS DR, WOONSOCKET RI 02895
Kathleen Skero officer: See Remarks THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael Chae officer: Chief Financial Officer 345 PARK AVENUE, NEW YORK NY 10154