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Side-by-side financial comparison of PJT Partners Inc. (PJT) and Utz Brands, Inc. (UTZ). Click either name above to swap in a different company.
PJT Partners Inc. is the larger business by last-quarter revenue ($531.4M vs $341.0M, roughly 1.6× Utz Brands, Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs 0.7%, a 9.4% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs -3.1%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $16.5M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% CAGR vs -1.5%).
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.
Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.
PJT vs UTZ — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2024
| Metric | | |
|---|---|---|
| Revenue | $531.4M | $341.0M |
| Net Profit | $53.4M | $2.3M |
| Gross Margin | — | 25.5% |
| Operating Margin | 23.1% | 2.1% |
| Net Margin | 10.0% | 0.7% |
| Revenue YoY | 12.9% | -3.1% |
| Net Profit YoY | 4.0% | 108.3% |
| EPS (diluted) | — | $0.04 |
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 | $531.4M | — | ||
| Q3 25 | $442.3M | — | ||
| Q2 25 | $401.1M | — | ||
| Q1 25 | $321.9M | — | ||
| Q4 24 | $470.5M | $341.0M | ||
| Q3 24 | $320.3M | $365.5M | ||
| Q2 24 | $358.1M | $356.2M | ||
| Q1 24 | $327.1M | $346.5M |
| Q4 25 | $53.4M | — | ||
| Q3 25 | $39.8M | — | ||
| Q2 25 | $32.9M | — | ||
| Q1 25 | $54.0M | — | ||
| Q4 24 | $51.3M | $2.3M | ||
| Q3 24 | $22.1M | $-2.2M | ||
| Q2 24 | $28.3M | $19.8M | ||
| Q1 24 | $32.6M | $-4.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.9% | ||
| Q2 24 | — | 26.7% | ||
| Q1 24 | — | 25.5% |
| Q4 25 | 23.1% | — | ||
| Q3 25 | 20.6% | — | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 16.3% | — | ||
| Q4 24 | 21.9% | 2.1% | ||
| Q3 24 | 15.4% | 5.3% | ||
| Q2 24 | 18.0% | 6.3% | ||
| Q1 24 | 16.5% | 2.8% |
| Q4 25 | 10.0% | — | ||
| Q3 25 | 9.0% | — | ||
| Q2 25 | 8.2% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 10.9% | 0.7% | ||
| Q3 24 | 6.9% | -0.6% | ||
| Q2 24 | 7.9% | 5.6% | ||
| Q1 24 | 10.0% | -1.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0.04 | ||
| Q3 24 | — | $-0.03 | ||
| Q2 24 | — | $0.23 | ||
| Q1 24 | — | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $538.9M | $56.1M |
| Total DebtLower is stronger | — | $768.6M |
| Stockholders' EquityBook value | $308.2M | $696.9M |
| Total Assets | $1.8B | $2.7B |
| Debt / EquityLower = less leverage | — | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $538.9M | — | ||
| Q3 25 | $400.5M | — | ||
| Q2 25 | $214.6M | — | ||
| Q1 25 | $194.3M | — | ||
| Q4 24 | $483.9M | $56.1M | ||
| Q3 24 | $148.8M | $64.9M | ||
| Q2 24 | $164.2M | $66.6M | ||
| Q1 24 | $215.5M | $47.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $768.6M | ||
| Q3 24 | — | $780.8M | ||
| Q2 24 | — | $797.6M | ||
| Q1 24 | — | $756.9M |
| Q4 25 | $308.2M | — | ||
| Q3 25 | $228.6M | — | ||
| Q2 25 | $167.4M | — | ||
| Q1 25 | $148.8M | — | ||
| Q4 24 | $187.0M | $696.9M | ||
| Q3 24 | $159.1M | $685.7M | ||
| Q2 24 | $133.8M | $686.0M | ||
| Q1 24 | $174.6M | $671.1M |
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.6B | $2.6B | ||
| Q2 24 | $1.4B | $2.7B | ||
| Q1 24 | $1.3B | $2.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.10× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.16× | ||
| Q1 24 | — | 1.13× |
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 | $155.7M | $54.2M |
| Free Cash FlowOCF − Capex | $138.6M | $16.5M |
| FCF MarginFCF / Revenue | 26.1% | 4.8% |
| Capex IntensityCapex / Revenue | 3.2% | 11.1% |
| Cash ConversionOCF / Net Profit | 2.92× | 23.67× |
| TTM Free Cash FlowTrailing 4 quarters | $480.4M | $7.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $155.7M | — | ||
| Q3 25 | $256.1M | — | ||
| Q2 25 | $190.4M | — | ||
| Q1 25 | $-75.9M | — | ||
| Q4 24 | $195.7M | $54.2M | ||
| Q3 24 | $180.5M | $52.2M | ||
| Q2 24 | $193.6M | $8.9M | ||
| Q1 24 | $-38.8M | $-9.1M |
| Q4 25 | $138.6M | — | ||
| Q3 25 | $240.9M | — | ||
| Q2 25 | $178.9M | — | ||
| Q1 25 | $-77.9M | — | ||
| Q4 24 | $195.3M | $16.5M | ||
| Q3 24 | $178.5M | $29.1M | ||
| Q2 24 | $193.0M | $-15.3M | ||
| Q1 24 | $-39.2M | $-22.7M |
| Q4 25 | 26.1% | — | ||
| Q3 25 | 54.5% | — | ||
| Q2 25 | 44.6% | — | ||
| Q1 25 | -24.2% | — | ||
| Q4 24 | 41.5% | 4.8% | ||
| Q3 24 | 55.7% | 8.0% | ||
| Q2 24 | 53.9% | -4.3% | ||
| Q1 24 | -12.0% | -6.5% |
| Q4 25 | 3.2% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.1% | 11.1% | ||
| Q3 24 | 0.6% | 6.3% | ||
| Q2 24 | 0.1% | 6.8% | ||
| Q1 24 | 0.1% | 3.9% |
| Q4 25 | 2.92× | — | ||
| Q3 25 | 6.43× | — | ||
| Q2 25 | 5.79× | — | ||
| Q1 25 | -1.41× | — | ||
| Q4 24 | 3.81× | 23.67× | ||
| Q3 24 | 8.15× | — | ||
| Q2 24 | 6.84× | 0.45× | ||
| Q1 24 | -1.19× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
