PJT Partners Free Cash Flow (FCF) History (PJT)
PJT Partners reported $480.4M in free cash flow for fiscal 2025, a decrease of 8.95% from the previous fiscal year, with a free cash flow margin of 28.32%.
View full PJT Partners company overviewPJT Partners free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $480.4M | −$47.2M | −8.95% | +28.32% |
| 2024 | 2024-12-31 | $527.7M | $90.0M | +20.58% | +35.75% |
| 2023 | 2023-12-31 | $437.6M | $198.3M | +82.87% | +38.18% |
| 2022 | 2022-12-31 | $239.3M | $121.6M | +103.33% | +23.31% |
| 2021 | 2021-12-31 | $117.7M | −$342.9M | −74.45% | +11.93% |
| 2020 | 2020-12-31 | $460.6M | $258.1M | +127.51% | +44.08% |
| 2019 | 2019-12-31 | $202.4M | $86.7M | +74.93% | +28.25% |
| 2018 | 2018-12-31 | $115.7M | $5.6M | +5.07% | +20.10% |
| 2017 | 2017-12-31 | $110.2M | $6.4M | +6.16% | +22.06% |
| 2016 | 2016-12-31 | $103.8M | $26.2M | +33.71% | +20.78% |
| 2015 | 2015-12-31 | $77.6M | — | — | +19.12% |
PJT Partners quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $226.4M | $47.5M | +26.53% | +46.90% |
| Q1 2026 | 2026-03-31 | $56.0M | $133.9M | — | +13.63% |
| Q4 2025 | 2025-12-31 | $138.6M | −$56.7M | −29.05% | +26.07% |
| Q3 2025 | 2025-09-30 | $240.9M | $62.4M | +34.92% | +54.47% |
| Q2 2025 | 2025-06-30 | $178.9M | −$14.1M | −7.32% | +44.60% |
| Q1 2025 | 2025-03-31 | −$77.9M | −$38.7M | — | −24.21% |
| Q4 2024 | 2024-12-31 | $195.3M | $72.0M | +58.43% | +41.50% |
| Q3 2024 | 2024-09-30 | $178.5M | $28.9M | +19.35% | +55.73% |
| Q2 2024 | 2024-06-30 | $193.0M | $3.2M | +1.67% | +53.91% |
| Q1 2024 | 2024-03-31 | −$39.2M | −$14.1M | — | −11.99% |
| Q4 2023 | 2023-12-31 | $123.3M | $159.6M | — | +38.07% |
| Q3 2023 | 2023-09-30 | $149.6M | −$10.4M | −6.47% | +54.45% |
| Q2 2023 | 2023-06-30 | $189.9M | $31.1M | +19.59% | +54.60% |
| Q1 2023 | 2023-03-31 | −$25.1M | $17.9M | — | −12.57% |
| Q4 2022 | 2022-12-31 | −$36.4M | −$25.2M | — | −13.10% |
| Q3 2022 | 2022-09-30 | $160.0M | −$18.4M | −10.31% | +60.02% |
| Q2 2022 | 2022-06-30 | $158.8M | $58.4M | +58.25% | +66.66% |
| Q1 2022 | 2022-03-31 | −$43.0M | $106.8M | — | −17.63% |
| Q4 2021 | 2021-12-31 | −$11.2M | −$180.4M | — | −3.56% |
| Q3 2021 | 2021-09-30 | $178.3M | $2.1M | +1.21% | +78.03% |
| Q2 2021 | 2021-06-30 | $100.3M | −$45.3M | −31.09% | +41.84% |
| Q1 2021 | 2021-03-31 | −$149.8M | −$119.4M | — | −73.16% |
| Q4 2020 | 2020-12-31 | $169.2M | $47.4M | +38.92% | +53.11% |
| Q3 2020 | 2020-09-30 | $176.2M | $114.3M | +184.64% | +59.46% |
| Q2 2020 | 2020-06-30 | $145.6M | $85.4M | +141.78% | +62.99% |
| Q1 2020 | 2020-03-31 | −$30.4M | $11.1M | — | −15.29% |
| Q4 2019 | 2019-12-31 | $121.8M | $117.9M | +3001.76% | +49.21% |
| Q3 2019 | 2019-09-30 | $61.9M | −$35.7M | −36.58% | +35.42% |
| Q2 2019 | 2019-06-30 | $60.2M | −$10.1M | −14.34% | +36.66% |
| Q1 2019 | 2019-03-31 | −$41.5M | $14.6M | — | −31.85% |
| Q4 2018 | 2018-12-31 | $3.9M | −$35.9M | −90.15% | +2.26% |
| Q3 2018 | 2018-09-30 | $97.6M | $22.3M | +29.58% | +70.26% |
| Q2 2018 | 2018-06-30 | $70.3M | $39.3M | +126.56% | +54.27% |
| Q1 2018 | 2018-03-31 | −$56.1M | −$20.0M | — | −42.10% |
| Q4 2017 | 2017-12-31 | $39.9M | $20.3M | +104.13% | +20.92% |
| Q3 2017 | 2017-09-30 | $75.3M | $12.8M | +20.44% | +96.02% |
| Q2 2017 | 2017-06-30 | $31.0M | $13.7M | +79.56% | +28.39% |
| Q1 2017 | 2017-03-31 | −$36.1M | −$40.5M | — | −29.81% |
| Q4 2016 | 2016-12-31 | $19.5M | — | — | +11.25% |
| Q3 2016 | 2016-09-30 | $62.5M | — | — | +51.54% |
| Q2 2016 | 2016-06-30 | $17.3M | — | — | +19.35% |
| Q1 2016 | 2016-03-31 | $4.4M | — | — | +3.83% |
PJT Partners free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $460.6M to $480.4M, a compound annual growth rate of 0.85%. PJT Partners's latest reported quarter, Q2 2026, generated $226.4M in free cash flow, an increase of 26.53% year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review PJT Partners filings at SEC.gov ↗