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Side-by-side financial comparison of Perella Weinberg Partners (PWP) and STARZ ENTERTAINMENT CORP (STRZ). Click either name above to swap in a different company.

STARZ ENTERTAINMENT CORP is the larger business by last-quarter revenue ($320.9M vs $219.2M, roughly 1.5× Perella Weinberg Partners). Perella Weinberg Partners runs the higher net margin — 6.3% vs -16.4%, a 22.7% gap on every dollar of revenue. On growth, Perella Weinberg Partners posted the faster year-over-year revenue change (-2.9% vs -7.5%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $-31.3M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs -40.6%).

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.

Starz Entertainment Corp., formerly known as Lions Gate Entertainment Corporation, or simply Lionsgate, is a Canadian-American entertainment company currently headquartered in Santa Monica, California. Founded by Frank Giustra on July 10, 1997, it is/was domiciled and incorporated in Vancouver, British Columbia.

PWP vs STRZ — Head-to-Head

Bigger by revenue
STRZ
STRZ
1.5× larger
STRZ
$320.9M
$219.2M
PWP
Growing faster (revenue YoY)
PWP
PWP
+4.6% gap
PWP
-2.9%
-7.5%
STRZ
Higher net margin
PWP
PWP
22.7% more per $
PWP
6.3%
-16.4%
STRZ
More free cash flow
PWP
PWP
$61.8M more FCF
PWP
$30.5M
$-31.3M
STRZ
Faster 2-yr revenue CAGR
PWP
PWP
Annualised
PWP
46.5%
-40.6%
STRZ

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
PWP
PWP
STRZ
STRZ
Revenue
$219.2M
$320.9M
Net Profit
$13.8M
$-52.6M
Gross Margin
Operating Margin
8.5%
-10.8%
Net Margin
6.3%
-16.4%
Revenue YoY
-2.9%
-7.5%
Net Profit YoY
-71.9%
EPS (diluted)
$0.11
$-3.15

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
PWP
PWP
STRZ
STRZ
Q4 25
$219.2M
Q3 25
$164.6M
$320.9M
Q2 25
$155.3M
$319.7M
Q1 25
$211.8M
Q4 24
$225.7M
$970.5M
Q3 24
$278.2M
$346.9M
Q2 24
$272.0M
$347.6M
Q1 24
$102.1M
Net Profit
PWP
PWP
STRZ
STRZ
Q4 25
$13.8M
Q3 25
$6.0M
$-52.6M
Q2 25
$2.7M
$-42.5M
Q1 25
$17.3M
Q4 24
$-21.9M
Q3 24
$16.4M
$-30.6M
Q2 24
$-66.0M
$4.2M
Q1 24
$-35.8M
Operating Margin
PWP
PWP
STRZ
STRZ
Q4 25
8.5%
Q3 25
5.4%
-10.8%
Q2 25
5.8%
-8.4%
Q1 25
5.5%
Q4 24
3.7%
Q3 24
12.9%
-4.9%
Q2 24
-30.2%
2.9%
Q1 24
-52.4%
Net Margin
PWP
PWP
STRZ
STRZ
Q4 25
6.3%
Q3 25
3.6%
-16.4%
Q2 25
1.8%
-13.3%
Q1 25
8.2%
Q4 24
-2.3%
Q3 24
5.9%
-8.8%
Q2 24
-24.3%
1.2%
Q1 24
-35.1%
EPS (diluted)
PWP
PWP
STRZ
STRZ
Q4 25
$0.11
Q3 25
$0.08
$-3.15
Q2 25
$0.04
$-2.54
Q1 25
$0.24
Q4 24
$-0.09
Q3 24
$0.24
$-1.83
Q2 24
$-1.21
$0.26
Q1 24
$-0.91

Balance Sheet & Financial Strength

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

Metric
PWP
PWP
STRZ
STRZ
Cash + ST InvestmentsLiquidity on hand
$255.9M
$37.0M
Total DebtLower is stronger
$608.7M
Stockholders' EquityBook value
$-127.4M
$663.2M
Total Assets
$797.6M
$2.0B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PWP
PWP
STRZ
STRZ
Q4 25
$255.9M
Q3 25
$185.5M
$37.0M
Q2 25
$145.0M
$51.6M
Q1 25
$111.2M
Q4 24
$407.4M
$200.5M
Q3 24
$335.1M
$229.6M
Q2 24
$185.3M
$192.5M
Q1 24
$156.7M
Total Debt
PWP
PWP
STRZ
STRZ
Q4 25
Q3 25
$608.7M
Q2 25
$611.7M
Q1 25
Q4 24
$2.4B
Q3 24
$2.1B
Q2 24
$1.5B
Q1 24
Stockholders' Equity
PWP
PWP
STRZ
STRZ
Q4 25
$-127.4M
Q3 25
$-302.4M
$663.2M
Q2 25
$-318.4M
$712.3M
Q1 25
$-323.1M
Q4 24
$-421.4M
$-168.3M
Q3 24
$-360.8M
$935.9M
Q2 24
$-283.0M
$973.1M
Q1 24
$161.9M
Total Assets
PWP
PWP
STRZ
STRZ
Q4 25
$797.6M
Q3 25
$650.2M
$2.0B
Q2 25
$606.7M
$2.1B
Q1 25
$570.5M
Q4 24
$876.8M
$7.2B
Q3 24
$810.9M
$7.1B
Q2 24
$645.5M
$7.2B
Q1 24
$583.6M
Debt / Equity
PWP
PWP
STRZ
STRZ
Q4 25
Q3 25
0.92×
Q2 25
0.86×
Q1 25
Q4 24
Q3 24
2.24×
Q2 24
1.59×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
PWP
PWP
STRZ
STRZ
Operating Cash FlowLast quarter
$34.8M
$-26.1M
Free Cash FlowOCF − Capex
$30.5M
$-31.3M
FCF MarginFCF / Revenue
13.9%
-9.8%
Capex IntensityCapex / Revenue
2.0%
1.6%
Cash ConversionOCF / Net Profit
2.52×
TTM Free Cash FlowTrailing 4 quarters
$-34.1M
$-317.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PWP
PWP
STRZ
STRZ
Q4 25
$34.8M
Q3 25
$59.2M
$-26.1M
Q2 25
$56.1M
$65.4M
Q1 25
$-176.5M
Q4 24
$223.4M
$-335.3M
Q3 24
$200.3M
$9.1M
Q2 24
$90.0M
$-33.5M
Q1 24
$-206.3M
Free Cash Flow
PWP
PWP
STRZ
STRZ
Q4 25
$30.5M
Q3 25
$57.6M
$-31.3M
Q2 25
$55.3M
$58.5M
Q1 25
$-177.6M
Q4 24
$207.0M
$-349.3M
Q3 24
$199.3M
$4.4M
Q2 24
$83.7M
$-38.4M
Q1 24
$-214.8M
FCF Margin
PWP
PWP
STRZ
STRZ
Q4 25
13.9%
Q3 25
35.0%
-9.8%
Q2 25
35.6%
18.3%
Q1 25
-83.8%
Q4 24
91.7%
-36.0%
Q3 24
71.6%
1.3%
Q2 24
30.8%
-11.0%
Q1 24
-210.3%
Capex Intensity
PWP
PWP
STRZ
STRZ
Q4 25
2.0%
Q3 25
0.9%
1.6%
Q2 25
0.5%
2.2%
Q1 25
0.5%
Q4 24
7.3%
1.4%
Q3 24
0.4%
1.4%
Q2 24
2.3%
1.4%
Q1 24
8.3%
Cash Conversion
PWP
PWP
STRZ
STRZ
Q4 25
2.52×
Q3 25
9.85×
Q2 25
20.50×
Q1 25
-10.18×
Q4 24
Q3 24
12.23×
Q2 24
-7.98×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PWP
PWP

Segment breakdown not available.

STRZ
STRZ

Over The Top Subscription Service OTT$222.8M69%
Linear Subscription Service$98.1M31%

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