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Side-by-side financial comparison of Noble Corp plc (NE) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.
Noble Corp plc is the larger business by last-quarter revenue ($764.4M vs $531.4M, roughly 1.4× PJT Partners Inc.). Noble Corp plc runs the higher net margin — 11.3% vs 10.0%, a 1.3% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs -17.6%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $35.4M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% CAGR vs 9.5%).
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
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.
NE vs PJT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $764.4M | $531.4M |
| Net Profit | $86.6M | $53.4M |
| Gross Margin | — | — |
| Operating Margin | 5.6% | 23.1% |
| Net Margin | 11.3% | 10.0% |
| Revenue YoY | -17.6% | 12.9% |
| Net Profit YoY | -10.4% | 4.0% |
| EPS (diluted) | $0.54 | — |
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 | $764.4M | $531.4M | ||
| Q3 25 | $798.0M | $442.3M | ||
| Q2 25 | $848.7M | $401.1M | ||
| Q1 25 | $874.5M | $321.9M | ||
| Q4 24 | $927.3M | $470.5M | ||
| Q3 24 | $800.5M | $320.3M | ||
| Q2 24 | $692.8M | $358.1M | ||
| Q1 24 | $637.1M | $327.1M |
| Q4 25 | $86.6M | $53.4M | ||
| Q3 25 | $-21.1M | $39.8M | ||
| Q2 25 | $42.9M | $32.9M | ||
| Q1 25 | $108.3M | $54.0M | ||
| Q4 24 | $96.6M | $51.3M | ||
| Q3 24 | $61.2M | $22.1M | ||
| Q2 24 | $195.0M | $28.3M | ||
| Q1 24 | $95.5M | $32.6M |
| Q4 25 | 5.6% | 23.1% | ||
| Q3 25 | 6.3% | 20.6% | ||
| Q2 25 | 15.9% | 19.1% | ||
| Q1 25 | 21.4% | 16.3% | ||
| Q4 24 | 18.4% | 21.9% | ||
| Q3 24 | 14.4% | 15.4% | ||
| Q2 24 | 30.3% | 18.0% | ||
| Q1 24 | 16.9% | 16.5% |
| Q4 25 | 11.3% | 10.0% | ||
| Q3 25 | -2.6% | 9.0% | ||
| Q2 25 | 5.1% | 8.2% | ||
| Q1 25 | 12.4% | 16.8% | ||
| Q4 24 | 10.4% | 10.9% | ||
| Q3 24 | 7.6% | 6.9% | ||
| Q2 24 | 28.1% | 7.9% | ||
| Q1 24 | 15.0% | 10.0% |
| Q4 25 | $0.54 | — | ||
| Q3 25 | $-0.13 | — | ||
| Q2 25 | $0.27 | — | ||
| Q1 25 | $0.67 | — | ||
| Q4 24 | $0.56 | — | ||
| Q3 24 | $0.40 | — | ||
| Q2 24 | $1.34 | — | ||
| Q1 24 | $0.66 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $471.4M | $538.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.5B | $308.2M |
| Total Assets | $7.5B | $1.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $471.4M | $538.9M | ||
| Q3 25 | $477.9M | $400.5M | ||
| Q2 25 | $338.2M | $214.6M | ||
| Q1 25 | $303.8M | $194.3M | ||
| Q4 24 | $247.3M | $483.9M | ||
| Q3 24 | $391.9M | $148.8M | ||
| Q2 24 | $162.9M | $164.2M | ||
| Q1 24 | $212.5M | $215.5M |
| Q4 25 | $4.5B | $308.2M | ||
| Q3 25 | $4.5B | $228.6M | ||
| Q2 25 | $4.6B | $167.4M | ||
| Q1 25 | $4.7B | $148.8M | ||
| Q4 24 | $4.7B | $187.0M | ||
| Q3 24 | $4.7B | $159.1M | ||
| Q2 24 | $4.0B | $133.8M | ||
| Q1 24 | $3.9B | $174.6M |
| Q4 25 | $7.5B | $1.8B | ||
| Q3 25 | $7.6B | $1.7B | ||
| Q2 25 | $7.7B | $1.5B | ||
| Q1 25 | $7.9B | $1.4B | ||
| Q4 24 | $8.0B | $1.6B | ||
| Q3 24 | $8.0B | $1.6B | ||
| Q2 24 | $5.6B | $1.4B | ||
| Q1 24 | $5.4B | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $187.1M | $155.7M |
| Free Cash FlowOCF − Capex | $35.4M | $138.6M |
| FCF MarginFCF / Revenue | 4.6% | 26.1% |
| Capex IntensityCapex / Revenue | 19.9% | 3.2% |
| Cash ConversionOCF / Net Profit | 2.16× | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | $432.2M | $480.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.1M | $155.7M | ||
| Q3 25 | $277.1M | $256.1M | ||
| Q2 25 | $216.4M | $190.4M | ||
| Q1 25 | $271.1M | $-75.9M | ||
| Q4 24 | $136.2M | $195.7M | ||
| Q3 24 | $283.8M | $180.5M | ||
| Q2 24 | $106.8M | $193.6M | ||
| Q1 24 | $128.7M | $-38.8M |
| Q4 25 | $35.4M | $138.6M | ||
| Q3 25 | $139.5M | $240.9M | ||
| Q2 25 | $99.8M | $178.9M | ||
| Q1 25 | $157.5M | $-77.9M | ||
| Q4 24 | $-4.4M | $195.3M | ||
| Q3 24 | $156.8M | $178.5M | ||
| Q2 24 | $-34.3M | $193.0M | ||
| Q1 24 | $-37.9M | $-39.2M |
| Q4 25 | 4.6% | 26.1% | ||
| Q3 25 | 17.5% | 54.5% | ||
| Q2 25 | 11.8% | 44.6% | ||
| Q1 25 | 18.0% | -24.2% | ||
| Q4 24 | -0.5% | 41.5% | ||
| Q3 24 | 19.6% | 55.7% | ||
| Q2 24 | -4.9% | 53.9% | ||
| Q1 24 | -6.0% | -12.0% |
| Q4 25 | 19.9% | 3.2% | ||
| Q3 25 | 17.3% | 3.4% | ||
| Q2 25 | 13.7% | 2.9% | ||
| Q1 25 | 13.0% | 0.6% | ||
| Q4 24 | 15.2% | 0.1% | ||
| Q3 24 | 15.9% | 0.6% | ||
| Q2 24 | 20.4% | 0.1% | ||
| Q1 24 | 26.2% | 0.1% |
| Q4 25 | 2.16× | 2.92× | ||
| Q3 25 | — | 6.43× | ||
| Q2 25 | 5.05× | 5.79× | ||
| Q1 25 | 2.50× | -1.41× | ||
| Q4 24 | 1.41× | 3.81× | ||
| Q3 24 | 4.64× | 8.15× | ||
| Q2 24 | 0.55× | 6.84× | ||
| Q1 24 | 1.35× | -1.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
PJT
Segment breakdown not available.
