PJT Partners (PJT) FY2022 results: revenue $1.0 billion, up 3.4% on the year
PJT Partners Inc. (PJT) reported revenue of $1.0 billion for fiscal 2022, the year ended 31 December 2022, up 3.4% on the year before. Net income was $91 million, down 14.7%, and diluted earnings per share $3.51. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$1.0 billion
+3.4% on the year
FY2015FY2022
Operating margin
19.6%
22.1% a year earlier
FY2015FY2022
Net income
$91 million
-14.7% on the year
FY2015FY2022
Diluted EPS
$3.51
-12.0% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
243
124
470
+95.5%
Capital expenditure
3.4
6.5
8.9
-46.9%
Free cash flow
239
118
461
+103.3%
Free cash flow margin
23.3%
11.9%
43.8%
Cash from investing
-53.2
131
-146
Cash from financing
-210
-353
-244
Depreciation and amortisation
15.5
15.8
15.1
-1.7%
Share-based compensation
166
109
121
+52.0%
Buybacks
109
103
48.7
+5.9%
Dividends paid
24.6
78.0
4.8
-68.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
185
120
154
+54.0%
Non-controlling interest
574
517
534
+11.0%
Debt
0.0
0.0
0.0
Other liabilities
291
350
484
-16.8%
Total liabilities and equity
1,051
988
1,172
+6.4%
Fixed assets
30.7
37.1
38.8
-17.4%
Goodwill
173
173
173
0.0%
Intangible assets
17.9
24.4
32.0
-26.7%
Cash and equivalents
173
200
300
-13.6%
Other assets
656
553
629
+18.7%
Total assets
1,051
988
1,172
+6.4%
10-K for the year ended 31 December 2022, filed 24 February 2023: the filing.