PJT Partners Cash Flow Statement
NYSE: PJTFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PJT Partners free cash flow
In fiscal 2025, PJT Partners generated $526.3 million of operating cash flow and spent $45.9 million on capital expenditures. That left free cash flow of $480.4 million, a free-cash-flow margin of 28.0% of revenue. Free cash flow was down 8.9% from the prior year's $527.7 million.
PJT Partners returned $219.7 million to shareholders: $24.5 million in dividends and $195.2 million in share repurchases, equal to 46% of free cash flow. Free cash flow covered dividend payments 19.6 times.
Summary generated from market data by MetaCap's automated system. Methodology
PJT Partners cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 309.74M | 238.47M | 145.68M | 164.77M | 189.96M | 212.43M | 63.79M | 42.56M | -28.33M | 5.11M |
| Net Income growth (YoY) | +29.88% | +63.69% | -11.59% | -13.26% | -10.58% | +233.02% | +49.88% | — | -654.54% | — |
| Depreciation & Amortization | 13.34M | 12.80M | 14.05M | 15.47M | 15.75M | 15.05M | 14.50M | 9.97M | 8.14M | 14.03M |
| Stock-Based Compensation | 234.34M | 209.19M | 178.53M | 165.53M | 108.91M | 120.91M | 111.57M | 117.99M | 115.93M | 89.01M |
| Change in Working Capital | -73.20M | -45.52M | 15.61M | -75.10M | -60.91M | -15.86M | -22.38M | -37.61M | 32.06M | -64.93M |
| Operating Cash Flow | 526.30M | 530.95M | 441.53M | 242.73M | 124.16M | 469.44M | 211.26M | 122.94M | 111.22M | 116.85M |
| Capital Expenditures | -45.86M | -3.30M | -3.93M | -3.43M | -6.47M | -8.85M | -8.81M | -7.21M | -1.06M | -13.09M |
| Investing Cash Flow | -28.55M | 8.06M | -34.35M | -53.23M | 131.35M | -145.75M | -1.72M | -31.49M | -38.24M | -12.55M |
| Dividends Paid | -24.52M | -24.13M | -24.44M | -24.63M | -77.97M | -4.82M | -4.64M | -4.32M | -3.80M | -3.73M |
| Share Repurchases | -195.22M | -235.10M | -116.74M | -109.48M | -103.34M | -48.67M | -47.81M | -64.87M | -2.30M | — |
| Debt Issued | — | — | — | — | — | — | — | 30.00M | — | — |
| Debt Repaid | — | — | — | — | — | -21.50M | -8.50M | — | — | — |
| Financing Cash Flow | -453.79M | -408.68M | -228.08M | -210.02M | -353.38M | -244.28M | -101.15M | -130.68M | -79.64M | -32.52M |
| Net Change in Cash | 54.98M | 128.33M | 182.31M | -27.25M | -99.03M | 83.56M | 109.84M | -39.51M | -6.81M | 69.28M |
| Free Cash Flow | 480.44M | 527.65M | 437.61M | 239.30M | 117.69M | 460.59M | 202.45M | 115.73M | 110.15M | 103.76M |
This table shows 10 annual periods of PJT Partners's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PJT's reporting calendar. What is a cash flow statement?