PJT Partners Debt-to-Equity Ratio Growth & History (PJT)
PJT Partners's debt-to-equity ratio was 1.34 for fiscal 2025.
View full PJT Partners company overviewPJT Partners annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.34 | −0.55 | −29.17% |
| 2024 | 2024-12-31 | 1.90 | 0.54 | +40.30% |
| 2023 | 2023-12-31 | 1.35 | 0.62 | +84.42% |
| 2022 | 2022-12-31 | 0.73 | −0.57 | −43.89% |
| 2021 | 2021-12-31 | 1.31 | 0.19 | +16.84% |
| 2020 | 2020-12-31 | 1.12 | −4.72 | −80.84% |
| 2019 | 2019-12-31 | 5.83 | — | — |
| 2015 | 2015-12-31 | 0.01 | 0.01 | — |
| 2014 | 2014-12-31 | 0.00 | — | — |
PJT Partners quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.34 | −1.13 | −45.74% |
| Q1 2026 | 2026-03-31 | 1.55 | −1.21 | −43.93% |
| Q4 2025 | 2025-12-31 | 1.34 | −0.55 | −29.17% |
| Q3 2025 | 2025-09-30 | 1.81 | −0.41 | −18.59% |
| Q2 2025 | 2025-06-30 | 2.48 | 0.04 | +1.64% |
| Q1 2025 | 2025-03-31 | 2.76 | 0.88 | +46.99% |
| Q4 2024 | 2024-12-31 | 1.90 | 0.54 | +40.30% |
| Q3 2024 | 2024-09-30 | 2.22 | 1.61 | +262.23% |
| Q2 2024 | 2024-06-30 | 2.44 | 1.59 | +187.85% |
| Q1 2024 | 2024-03-31 | 1.88 | 1.05 | +128.55% |
| Q4 2023 | 2023-12-31 | 1.35 | 0.62 | +84.42% |
| Q3 2023 | 2023-09-30 | 0.61 | −0.30 | −32.68% |
| Q2 2023 | 2023-06-30 | 0.85 | −0.34 | −28.95% |
| Q1 2023 | 2023-03-31 | 0.82 | −0.34 | −29.06% |
| Q4 2022 | 2022-12-31 | 0.73 | −0.57 | −43.89% |
| Q3 2022 | 2022-09-30 | 0.91 | −1.18 | −56.36% |
| Q2 2022 | 2022-06-30 | 1.19 | 0.01 | +0.75% |
| Q1 2022 | 2022-03-31 | 1.16 | 0.13 | +12.12% |
| Q4 2021 | 2021-12-31 | 1.31 | 0.19 | +16.84% |
| Q3 2021 | 2021-09-30 | 2.09 | 0.96 | +85.47% |
| Q2 2021 | 2021-06-30 | 1.18 | −0.19 | −13.66% |
| Q1 2021 | 2021-03-31 | 1.03 | −1.15 | −52.75% |
| Q4 2020 | 2020-12-31 | 1.12 | −4.72 | −80.84% |
| Q3 2020 | 2020-09-30 | 1.13 | −26.45 | −95.92% |
| Q2 2020 | 2020-06-30 | 1.37 | −7.04 | −83.71% |
| Q1 2020 | 2020-03-31 | 2.18 | — | — |
| Q4 2019 | 2019-12-31 | 5.83 | — | — |
| Q3 2019 | 2019-09-30 | 27.58 | — | — |
| Q2 2019 | 2019-06-30 | 8.41 | — | — |
| Q2 2016 | 2016-06-30 | 0.00 | — | — |
| Q1 2016 | 2016-03-31 | 0.01 | — | — |
| Q4 2015 | 2015-12-31 | 0.01 | 0.01 | — |
| Q3 2015 | 2015-09-30 | 0.00 | — | — |
| Q4 2014 | 2014-12-31 | 0.00 | — | — |
PJT Partners debt-to-equity ratio trends
Over the last five fiscal years, PJT Partners's debt-to-equity ratio increased from 1.12 to 1.34, a change of 0.23. The latest reported quarter, Q2 2026, shows 1.34.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review PJT Partners source filings ↗