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PJT Partners (PJT Partners) Net Income : $97 Mil (TTM As of Dec. 2023)


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What is PJT Partners Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. PJT Partners's Net Income for the three months ended in Dec. 2023 was $25 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $97 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. PJT Partners's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.98.


PJT Partners Net Income Historical Data

The historical data trend for PJT Partners's Net Income 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 Net Income Chart

PJT Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.56 117.55 106.17 90.53 81.80

PJT Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income 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 17.34 22.14 17.41 24.91 32.62

PJT Partners Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

PJT Partners's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=177.609+-31.927+0+-63.883
=82

PJT Partners's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=51.693+-6.202+0+-20.579
=25

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $97 Mil.

* 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.


PJT Partners  (NYSE:PJT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

PJT Partners's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


PJT Partners Net Income Related Terms

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PJT Partners (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 fees, and others. Geographically, It generates a majority of its revenue from the United States.
Executives
Ji-yeun Lee officer: Managing Partner 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
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
David Adam Travin officer: General Counsel 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
James Costos director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Thomas M Ryan director ONE CVS DR, WOONSOCKET RI 02895
Kenneth C Whitney 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
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