---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-011534"
form_type: "8-K"
ticker: "PJT"
cik: "0001626115"
company_name: "PJT Partners Inc."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:09:06.414623+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PJT Partners reports record FY2023 revenue $1.15B (+12% YoY); announces $500M buyback

## Summary
- FY2023 revenue $1.153B, up 12%; advisory revenue $1.027B (+25%) offset 47% drop in placement revenue to $103M.
- GAAP diluted EPS $3.12; adjusted EPS $3.27; Q4 GAAP EPS $0.87, adjusted $0.96.
- Board authorized $500M stock repurchase program, replacing prior authorization; 2.2M share equivalents repurchased in FY2023 at avg $73.50.
- Quarterly dividend $0.25 per share payable March 20, 2024 to holders of record March 6, 2024.
- Cash, equivalents and ST investments $437M; no funded debt; headcount 1,012, up 12% YoY.

## SEC filing metadata
- accession: 0000950170-24-011534
- form_type: 8-K
- ticker: PJT
- cik: 0001626115
- company_name: PJT Partners Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626115/000095017024011534/0000950170-24-011534-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626115/000095017024011534/pjt-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-011534
- JSON: https://secwatch.observer/filing/0000950170-24-011534.json
- Plain text: https://secwatch.observer/filing/0000950170-24-011534.txt

## Key facts
- Earnings Releases
  PJT Partners Inc. reported full year and quarter ended December 31, 2023 results: revenue Record Revenues of $1.15 billion, an increase of 12% from a year ago, EPS GAAP Diluted EPS of $3.12 and Adjusted EPS of $3.27.
  - Period: full year and quarter ended December 31, 2023
  - Revenue: Record Revenues of $1.15 billion, an increase of 12% from a year ago
  - EPS: GAAP Diluted EPS of $3.12 and Adjusted EPS of $3.27
  - Result: reported results
  source text: Exhibit 99.1 PJT Partners Inc. Reports Full Year and Fourth Quarter 2023 Results; Announces $500 Million Repurchase Authorization Full Year Overview > Record Revenues of $1.15 billion, an increase of 12% from a year ago > GAAP Pretax Income of $178 million and Adjusted Pretax Income of $183 million > GAAP Diluted EPS of $3.12 and Adjusted EPS of $3.27 Fourth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626115/000095017024011534/0000950170-24-011534-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.