PJT Partners annual operating margin
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
PJT Partners Operating Margin Growth & History (PJT)
PJT Partners's operating margin was 19.21% for fiscal 2025.
View full PJT Partners company overviewPJT Partners annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.21% | +2.04 pp |
| 2024 | 2024-12-31 | 17.17% | +2.28 pp |
| 2023 | 2023-12-31 | 14.89% | −4.84 pp |
| 2022 | 2022-12-31 | 19.73% | −1.96 pp |
| 2021 | 2021-12-31 | 21.69% | −1.34 pp |
| 2020 | 2020-12-31 | 23.03% | +11.69 pp |
| 2019 | 2019-12-31 | 11.34% | +4.92 pp |
| 2018 | 2018-12-31 | 6.43% | +4.41 pp |
| 2017 | 2017-12-31 | 2.01% | −0.89 pp |
| 2016 | 2016-12-31 | 2.90% | +4.37 pp |
| 2015 | 2015-12-31 | −1.46% | −3.34 pp |
| 2014 | 2014-12-31 | 1.88% | +5.36 pp |
| 2013 | 2013-12-31 | −3.48% | — |
PJT Partners quarterly operating margin
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 20.40% | +2.78 pp |
| Q1 2026 | 2026-03-31 | 17.80% | +2.28 pp |
| Q4 2025 | 2025-12-31 | 22.42% | +1.98 pp |
| Q3 2025 | 2025-09-30 | 19.47% | +5.92 pp |
| Q2 2025 | 2025-06-30 | 17.63% | +0.23 pp |
| Q1 2025 | 2025-03-31 | 15.52% | −0.25 pp |
| Q4 2024 | 2024-12-31 | 20.43% | +5.94 pp |
| Q3 2024 | 2024-09-30 | 13.55% | −0.62 pp |
| Q2 2024 | 2024-06-30 | 17.40% | +1.39 pp |
| Q1 2024 | 2024-03-31 | 15.77% | +1.20 pp |
| Q4 2023 | 2023-12-31 | 14.50% | −6.31 pp |
| Q3 2023 | 2023-09-30 | 14.17% | −3.86 pp |
| Q2 2023 | 2023-06-30 | 16.01% | −4.45 pp |
| Q1 2023 | 2023-03-31 | 14.58% | −5.07 pp |
| Q4 2022 | 2022-12-31 | 20.81% | −3.10 pp |
| Q3 2022 | 2022-09-30 | 18.03% | −1.89 pp |
| Q2 2022 | 2022-06-30 | 20.45% | −1.04 pp |
| Q1 2022 | 2022-03-31 | 19.65% | −0.84 pp |
| Q4 2021 | 2021-12-31 | 23.90% | −5.48 pp |
| Q3 2021 | 2021-09-30 | 19.92% | −3.32 pp |
| Q2 2021 | 2021-06-30 | 21.50% | +0.62 pp |
| Q1 2021 | 2021-03-31 | 20.49% | +4.24 pp |
| Q4 2020 | 2020-12-31 | 29.39% | +9.72 pp |
| Q3 2020 | 2020-09-30 | 23.24% | +11.62 pp |
| Q2 2020 | 2020-06-30 | 20.87% | +14.10 pp |
| Q1 2020 | 2020-03-31 | 16.25% | +14.64 pp |
| Q4 2019 | 2019-12-31 | 19.67% | +10.16 pp |
| Q3 2019 | 2019-09-30 | 11.62% | +3.80 pp |
| Q2 2019 | 2019-06-30 | 6.77% | −0.18 pp |
| Q1 2019 | 2019-03-31 | 1.60% | +0.23 pp |
| Q4 2018 | 2018-12-31 | 9.51% | −3.96 pp |
| Q3 2018 | 2018-09-30 | 7.82% | +27.72 pp |
| Q2 2018 | 2018-06-30 | 6.95% | +8.86 pp |
| Q1 2018 | 2018-03-31 | 1.38% | −0.35 pp |
| Q4 2017 | 2017-12-31 | 13.47% | −0.36 pp |
| Q3 2017 | 2017-09-30 | −19.90% | −18.29 pp |
| Q2 2017 | 2017-06-30 | −1.91% | +9.58 pp |
| Q1 2017 | 2017-03-31 | 1.73% | −0.64 pp |
| Q4 2016 | 2016-12-31 | 13.82% | +41.44 pp |
| Q3 2016 | 2016-09-30 | −1.62% | −31.39 pp |
| Q2 2016 | 2016-06-30 | −11.49% | −2.60 pp |
| Q1 2016 | 2016-03-31 | 2.37% | +20.21 pp |
| Q4 2015 | 2015-12-31 | −27.61% | −64.51 pp |
| Q3 2015 | 2015-09-30 | 29.77% | +46.93 pp |
| Q2 2015 | 2015-06-30 | −8.89% | −11.08 pp |
| Q1 2015 | 2015-03-31 | −17.84% | +34.84 pp |
| Q4 2014 | 2014-12-31 | 36.90% | — |
| Q3 2014 | 2014-09-30 | −17.16% | — |
| Q2 2014 | 2014-06-30 | 2.20% | — |
| Q1 2014 | 2014-03-31 | −52.68% | — |
PJT Partners operating margin trends
Over the last five fiscal years, PJT Partners's operating margin decreased from 23.03% to 19.21%, a change of −3.82 percentage points. The latest reported quarter, Q2 2026, shows 20.40%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review PJT Partners source filings ↗