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Side-by-side financial comparison of Acadia Healthcare Company, Inc. (ACHC) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.
Acadia Healthcare Company, Inc. is the larger business by last-quarter revenue ($821.5M vs $531.4M, roughly 1.5× PJT Partners Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs -143.3%, a 153.4% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs 6.1%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $-179.5M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% CAGR vs 3.4%).
Acadia Healthcare Company, Inc. is an American provider of for-profit behavioral healthcare services. It operates a network of over 225 facilities across the United States and Puerto Rico.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
ACHC vs PJT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $821.5M | $531.4M |
| Net Profit | $-1.2B | $53.4M |
| Gross Margin | — | — |
| Operating Margin | -142.4% | 23.1% |
| Net Margin | -143.3% | 10.0% |
| Revenue YoY | 6.1% | 12.9% |
| Net Profit YoY | -3710.4% | 4.0% |
| EPS (diluted) | $-12.98 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $821.5M | $531.4M | ||
| Q3 25 | $851.6M | $442.3M | ||
| Q2 25 | $869.2M | $401.1M | ||
| Q1 25 | $770.5M | $321.9M | ||
| Q4 24 | $774.2M | $470.5M | ||
| Q3 24 | $815.6M | $320.3M | ||
| Q2 24 | $796.0M | $358.1M | ||
| Q1 24 | $768.1M | $327.1M |
| Q4 25 | $-1.2B | $53.4M | ||
| Q3 25 | $36.2M | $39.8M | ||
| Q2 25 | $30.1M | $32.9M | ||
| Q1 25 | $8.4M | $54.0M | ||
| Q4 24 | $32.6M | $51.3M | ||
| Q3 24 | $68.1M | $22.1M | ||
| Q2 24 | $78.5M | $28.3M | ||
| Q1 24 | $76.4M | $32.6M |
| Q4 25 | -142.4% | 23.1% | ||
| Q3 25 | 4.7% | 20.6% | ||
| Q2 25 | 5.8% | 19.1% | ||
| Q1 25 | 1.7% | 16.3% | ||
| Q4 24 | 4.9% | 21.9% | ||
| Q3 24 | 12.1% | 15.4% | ||
| Q2 24 | 13.4% | 18.0% | ||
| Q1 24 | 12.9% | 16.5% |
| Q4 25 | -143.3% | 10.0% | ||
| Q3 25 | 4.3% | 9.0% | ||
| Q2 25 | 3.5% | 8.2% | ||
| Q1 25 | 1.1% | 16.8% | ||
| Q4 24 | 4.2% | 10.9% | ||
| Q3 24 | 8.4% | 6.9% | ||
| Q2 24 | 9.9% | 7.9% | ||
| Q1 24 | 9.9% | 10.0% |
| Q4 25 | $-12.98 | — | ||
| Q3 25 | $0.40 | — | ||
| Q2 25 | $0.33 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.36 | — | ||
| Q3 24 | $0.74 | — | ||
| Q2 24 | $0.85 | — | ||
| Q1 24 | $0.83 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $133.2M | $538.9M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $1.9B | $308.2M |
| Total Assets | $5.5B | $1.8B |
| Debt / EquityLower = less leverage | 1.28× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $133.2M | $538.9M | ||
| Q3 25 | $118.7M | $400.5M | ||
| Q2 25 | $131.4M | $214.6M | ||
| Q1 25 | $91.2M | $194.3M | ||
| Q4 24 | $76.3M | $483.9M | ||
| Q3 24 | $82.1M | $148.8M | ||
| Q2 24 | $77.2M | $164.2M | ||
| Q1 24 | $77.3M | $215.5M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.9B | — |
| Q4 25 | $1.9B | $308.2M | ||
| Q3 25 | $3.1B | $228.6M | ||
| Q2 25 | $3.1B | $167.4M | ||
| Q1 25 | $3.0B | $148.8M | ||
| Q4 24 | $3.1B | $187.0M | ||
| Q3 24 | $3.0B | $159.1M | ||
| Q2 24 | $3.0B | $133.8M | ||
| Q1 24 | $2.9B | $174.6M |
| Q4 25 | $5.5B | $1.8B | ||
| Q3 25 | $6.4B | $1.7B | ||
| Q2 25 | $6.3B | $1.5B | ||
| Q1 25 | $6.1B | $1.4B | ||
| Q4 24 | $6.0B | $1.6B | ||
| Q3 24 | $5.9B | $1.6B | ||
| Q2 24 | $5.7B | $1.4B | ||
| Q1 24 | $5.5B | $1.3B |
| Q4 25 | 1.28× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | 0.62× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.65× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-86.3M | $155.7M |
| Free Cash FlowOCF − Capex | $-179.5M | $138.6M |
| FCF MarginFCF / Revenue | -21.8% | 26.1% |
| Capex IntensityCapex / Revenue | 11.3% | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | $-439.9M | $480.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-86.3M | $155.7M | ||
| Q3 25 | $73.2M | $256.1M | ||
| Q2 25 | $133.5M | $190.4M | ||
| Q1 25 | $11.5M | $-75.9M | ||
| Q4 24 | $116.7M | $195.7M | ||
| Q3 24 | $163.1M | $180.5M | ||
| Q2 24 | $171.1M | $193.6M | ||
| Q1 24 | $-321.3M | $-38.8M |
| Q4 25 | $-179.5M | $138.6M | ||
| Q3 25 | $-63.0M | $240.9M | ||
| Q2 25 | $-34.2M | $178.9M | ||
| Q1 25 | $-163.2M | $-77.9M | ||
| Q4 24 | $-86.8M | $195.3M | ||
| Q3 24 | $-27.1M | $178.5M | ||
| Q2 24 | $16.9M | $193.0M | ||
| Q1 24 | $-463.7M | $-39.2M |
| Q4 25 | -21.8% | 26.1% | ||
| Q3 25 | -7.4% | 54.5% | ||
| Q2 25 | -3.9% | 44.6% | ||
| Q1 25 | -21.2% | -24.2% | ||
| Q4 24 | -11.2% | 41.5% | ||
| Q3 24 | -3.3% | 55.7% | ||
| Q2 24 | 2.1% | 53.9% | ||
| Q1 24 | -60.4% | -12.0% |
| Q4 25 | 11.3% | 3.2% | ||
| Q3 25 | 16.0% | 3.4% | ||
| Q2 25 | 19.3% | 2.9% | ||
| Q1 25 | 22.7% | 0.6% | ||
| Q4 24 | 26.3% | 0.1% | ||
| Q3 24 | 23.3% | 0.6% | ||
| Q2 24 | 19.4% | 0.1% | ||
| Q1 24 | 18.5% | 0.1% |
| Q4 25 | — | 2.92× | ||
| Q3 25 | 2.02× | 6.43× | ||
| Q2 25 | 4.43× | 5.79× | ||
| Q1 25 | 1.37× | -1.41× | ||
| Q4 24 | 3.58× | 3.81× | ||
| Q3 24 | 2.39× | 8.15× | ||
| Q2 24 | 2.18× | 6.84× | ||
| Q1 24 | -4.21× | -1.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACHC
| Acute Inpatient Psychiatric Facilities | $451.2M | 55% |
| Comprehensive Treatment Centers | $144.2M | 18% |
| Medicare | $113.7M | 14% |
| Residential Treatment Centers | $89.7M | 11% |
| Self Payor | $16.1M | 2% |
| Other Payor | $10.7M | 1% |
PJT
Segment breakdown not available.
