vs

Side-by-side financial comparison of Arhaus, Inc. (ARHS) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.

PJT Partners Inc. is the larger business by last-quarter revenue ($531.4M vs $364.8M, roughly 1.5× Arhaus, Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs 4.1%, a 5.9% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs 5.1%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $-8.8M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% CAGR vs 11.2%).

Arhaus, Inc. is an upscale American home furnishings company headquartered in Boston Heights, Ohio. Founded in 1986 with a focus on sustainability and artisanship in product quality, Arhaus provides a diversified assortment of specialty goods and services addressing omnichannel direct-to-consumer and business-to-business residential and commercial operations.

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.

ARHS vs PJT — Head-to-Head

Bigger by revenue
PJT
PJT
1.5× larger
PJT
$531.4M
$364.8M
ARHS
Growing faster (revenue YoY)
PJT
PJT
+7.8% gap
PJT
12.9%
5.1%
ARHS
Higher net margin
PJT
PJT
5.9% more per $
PJT
10.0%
4.1%
ARHS
More free cash flow
PJT
PJT
$147.4M more FCF
PJT
$138.6M
$-8.8M
ARHS
Faster 2-yr revenue CAGR
PJT
PJT
Annualised
PJT
27.5%
11.2%
ARHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARHS
ARHS
PJT
PJT
Revenue
$364.8M
$531.4M
Net Profit
$15.1M
$53.4M
Gross Margin
38.1%
Operating Margin
5.6%
23.1%
Net Margin
4.1%
10.0%
Revenue YoY
5.1%
12.9%
Net Profit YoY
-29.1%
4.0%
EPS (diluted)
$0.11

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.

Revenue
ARHS
ARHS
PJT
PJT
Q4 25
$364.8M
$531.4M
Q3 25
$344.6M
$442.3M
Q2 25
$358.4M
$401.1M
Q1 25
$311.4M
$321.9M
Q4 24
$347.0M
$470.5M
Q3 24
$319.1M
$320.3M
Q2 24
$309.8M
$358.1M
Q1 24
$295.2M
$327.1M
Net Profit
ARHS
ARHS
PJT
PJT
Q4 25
$15.1M
$53.4M
Q3 25
$12.2M
$39.8M
Q2 25
$35.1M
$32.9M
Q1 25
$4.9M
$54.0M
Q4 24
$21.3M
$51.3M
Q3 24
$9.9M
$22.1M
Q2 24
$22.2M
$28.3M
Q1 24
$15.1M
$32.6M
Gross Margin
ARHS
ARHS
PJT
PJT
Q4 25
38.1%
Q3 25
38.7%
Q2 25
41.4%
Q1 25
37.1%
Q4 24
40.0%
Q3 24
38.6%
Q2 24
40.1%
Q1 24
39.0%
Operating Margin
ARHS
ARHS
PJT
PJT
Q4 25
5.6%
23.1%
Q3 25
4.8%
20.6%
Q2 25
13.0%
19.1%
Q1 25
1.7%
16.3%
Q4 24
8.2%
21.9%
Q3 24
3.3%
15.4%
Q2 24
9.5%
18.0%
Q1 24
6.2%
16.5%
Net Margin
ARHS
ARHS
PJT
PJT
Q4 25
4.1%
10.0%
Q3 25
3.5%
9.0%
Q2 25
9.8%
8.2%
Q1 25
1.6%
16.8%
Q4 24
6.1%
10.9%
Q3 24
3.1%
6.9%
Q2 24
7.2%
7.9%
Q1 24
5.1%
10.0%
EPS (diluted)
ARHS
ARHS
PJT
PJT
Q4 25
$0.11
Q3 25
$0.09
Q2 25
$0.25
Q1 25
$0.03
Q4 24
$0.15
Q3 24
$0.07
Q2 24
$0.16
Q1 24
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARHS
ARHS
PJT
PJT
Cash + ST InvestmentsLiquidity on hand
$253.4M
$538.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$418.2M
$308.2M
Total Assets
$1.4B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARHS
ARHS
PJT
PJT
Q4 25
$253.4M
$538.9M
Q3 25
$262.2M
$400.5M
Q2 25
$234.8M
$214.6M
Q1 25
$214.4M
$194.3M
Q4 24
$197.5M
$483.9M
Q3 24
$177.7M
$148.8M
Q2 24
$174.2M
$164.2M
Q1 24
$233.2M
$215.5M
Stockholders' Equity
ARHS
ARHS
PJT
PJT
Q4 25
$418.2M
$308.2M
Q3 25
$400.4M
$228.6M
Q2 25
$385.6M
$167.4M
Q1 25
$348.8M
$148.8M
Q4 24
$343.7M
$187.0M
Q3 24
$320.6M
$159.1M
Q2 24
$309.3M
$133.8M
Q1 24
$285.6M
$174.6M
Total Assets
ARHS
ARHS
PJT
PJT
Q4 25
$1.4B
$1.8B
Q3 25
$1.4B
$1.7B
Q2 25
$1.3B
$1.5B
Q1 25
$1.3B
$1.4B
Q4 24
$1.2B
$1.6B
Q3 24
$1.2B
$1.6B
Q2 24
$1.2B
$1.4B
Q1 24
$1.2B
$1.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARHS
ARHS
PJT
PJT
Operating Cash FlowLast quarter
$9.3M
$155.7M
Free Cash FlowOCF − Capex
$-8.8M
$138.6M
FCF MarginFCF / Revenue
-2.4%
26.1%
Capex IntensityCapex / Revenue
5.0%
3.2%
Cash ConversionOCF / Net Profit
0.62×
2.92×
TTM Free Cash FlowTrailing 4 quarters
$59.0M
$480.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARHS
ARHS
PJT
PJT
Q4 25
$9.3M
$155.7M
Q3 25
$46.1M
$256.1M
Q2 25
$34.9M
$190.4M
Q1 25
$46.5M
$-75.9M
Q4 24
$31.7M
$195.7M
Q3 24
$31.1M
$180.5M
Q2 24
$47.5M
$193.6M
Q1 24
$36.8M
$-38.8M
Free Cash Flow
ARHS
ARHS
PJT
PJT
Q4 25
$-8.8M
$138.6M
Q3 25
$28.0M
$240.9M
Q2 25
$20.9M
$178.9M
Q1 25
$18.9M
$-77.9M
Q4 24
$13.0M
$195.3M
Q3 24
$4.6M
$178.5M
Q2 24
$11.3M
$193.0M
Q1 24
$10.9M
$-39.2M
FCF Margin
ARHS
ARHS
PJT
PJT
Q4 25
-2.4%
26.1%
Q3 25
8.1%
54.5%
Q2 25
5.8%
44.6%
Q1 25
6.1%
-24.2%
Q4 24
3.7%
41.5%
Q3 24
1.4%
55.7%
Q2 24
3.6%
53.9%
Q1 24
3.7%
-12.0%
Capex Intensity
ARHS
ARHS
PJT
PJT
Q4 25
5.0%
3.2%
Q3 25
5.3%
3.4%
Q2 25
3.9%
2.9%
Q1 25
8.9%
0.6%
Q4 24
5.4%
0.1%
Q3 24
8.3%
0.6%
Q2 24
11.7%
0.1%
Q1 24
8.8%
0.1%
Cash Conversion
ARHS
ARHS
PJT
PJT
Q4 25
0.62×
2.92×
Q3 25
3.77×
6.43×
Q2 25
1.00×
5.79×
Q1 25
9.53×
-1.41×
Q4 24
1.49×
3.81×
Q3 24
3.14×
8.15×
Q2 24
2.14×
6.84×
Q1 24
2.44×
-1.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARHS
ARHS

Sales Channel Retail$305.7M84%
Sales Channel E Commerce$59.2M16%

PJT
PJT

Segment breakdown not available.

Related Comparisons