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Side-by-side financial comparison of Perella Weinberg Partners (PWP) and Urban Edge Properties (UE). Click either name above to swap in a different company.
Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $132.6M, roughly 1.7× Urban Edge Properties). Urban Edge Properties runs the higher net margin — 17.1% vs 6.3%, a 10.8% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs -2.9%). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs 11.6%).
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.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
PWP vs UE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.2M | $132.6M |
| Net Profit | $13.8M | $22.6M |
| Gross Margin | — | — |
| Operating Margin | 8.5% | — |
| Net Margin | 6.3% | 17.1% |
| Revenue YoY | -2.9% | 12.2% |
| Net Profit YoY | — | -6.7% |
| EPS (diluted) | $0.11 | $0.18 |
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.
| Q1 26 | — | $132.6M | ||
| Q4 25 | $219.2M | $119.6M | ||
| Q3 25 | $164.6M | $120.1M | ||
| Q2 25 | $155.3M | $114.1M | ||
| Q1 25 | $211.8M | $118.2M | ||
| Q4 24 | $225.7M | $116.4M | ||
| Q3 24 | $278.2M | $112.4M | ||
| Q2 24 | $272.0M | $106.5M |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $13.8M | $12.4M | ||
| Q3 25 | $6.0M | $14.9M | ||
| Q2 25 | $2.7M | $58.0M | ||
| Q1 25 | $17.3M | $8.2M | ||
| Q4 24 | — | $30.1M | ||
| Q3 24 | $16.4M | $9.1M | ||
| Q2 24 | $-66.0M | $30.8M |
| Q1 26 | — | — | ||
| Q4 25 | 8.5% | 11.3% | ||
| Q3 25 | 5.4% | 13.4% | ||
| Q2 25 | 5.8% | 53.9% | ||
| Q1 25 | 5.5% | 7.6% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | 12.9% | 8.9% | ||
| Q2 24 | -30.2% | 30.6% |
| Q1 26 | — | 17.1% | ||
| Q4 25 | 6.3% | 10.4% | ||
| Q3 25 | 3.6% | 12.4% | ||
| Q2 25 | 1.8% | 50.8% | ||
| Q1 25 | 8.2% | 6.9% | ||
| Q4 24 | — | 25.9% | ||
| Q3 24 | 5.9% | 8.1% | ||
| Q2 24 | -24.3% | 28.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.11 | $0.09 | ||
| Q3 25 | $0.08 | $0.12 | ||
| Q2 25 | $0.04 | $0.46 | ||
| Q1 25 | $0.24 | $0.07 | ||
| Q4 24 | — | $0.25 | ||
| Q3 24 | $0.24 | $0.07 | ||
| Q2 24 | $-1.21 | $0.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $255.9M | $50.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-127.4M | $1.4B |
| Total Assets | $797.6M | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $50.0M | ||
| Q4 25 | $255.9M | $48.9M | ||
| Q3 25 | $185.5M | $77.8M | ||
| Q2 25 | $145.0M | $53.0M | ||
| Q1 25 | $111.2M | $48.0M | ||
| Q4 24 | $407.4M | $41.4M | ||
| Q3 24 | $335.1M | $67.9M | ||
| Q2 24 | $185.3M | $78.6M |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $-127.4M | $1.4B | ||
| Q3 25 | $-302.4M | $1.4B | ||
| Q2 25 | $-318.4M | $1.4B | ||
| Q1 25 | $-323.1M | $1.4B | ||
| Q4 24 | $-421.4M | $1.4B | ||
| Q3 24 | $-360.8M | $1.3B | ||
| Q2 24 | $-283.0M | $1.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $797.6M | $3.3B | ||
| Q3 25 | $650.2M | $3.3B | ||
| Q2 25 | $606.7M | $3.3B | ||
| Q1 25 | $570.5M | $3.3B | ||
| Q4 24 | $876.8M | $3.3B | ||
| Q3 24 | $810.9M | $3.2B | ||
| Q2 24 | $645.5M | $3.2B |
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 | $34.8M | $39.1M |
| Free Cash FlowOCF − Capex | $30.5M | — |
| FCF MarginFCF / Revenue | 13.9% | — |
| Capex IntensityCapex / Revenue | 2.0% | 1.5% |
| Cash ConversionOCF / Net Profit | 2.52× | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | $-34.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.1M | ||
| Q4 25 | $34.8M | $182.7M | ||
| Q3 25 | $59.2M | $55.7M | ||
| Q2 25 | $56.1M | $43.5M | ||
| Q1 25 | $-176.5M | $32.6M | ||
| Q4 24 | $223.4M | $153.2M | ||
| Q3 24 | $200.3M | $36.6M | ||
| Q2 24 | $90.0M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $30.5M | $81.8M | ||
| Q3 25 | $57.6M | $26.1M | ||
| Q2 25 | $55.3M | $19.6M | ||
| Q1 25 | $-177.6M | $11.9M | ||
| Q4 24 | $207.0M | $42.5M | ||
| Q3 24 | $199.3M | $12.2M | ||
| Q2 24 | $83.7M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 68.4% | ||
| Q3 25 | 35.0% | 21.7% | ||
| Q2 25 | 35.6% | 17.2% | ||
| Q1 25 | -83.8% | 10.0% | ||
| Q4 24 | 91.7% | 36.6% | ||
| Q3 24 | 71.6% | 10.8% | ||
| Q2 24 | 30.8% | 18.6% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 2.0% | 84.4% | ||
| Q3 25 | 0.9% | 24.6% | ||
| Q2 25 | 0.5% | 20.9% | ||
| Q1 25 | 0.5% | 17.5% | ||
| Q4 24 | 7.3% | 95.1% | ||
| Q3 24 | 0.4% | 21.7% | ||
| Q2 24 | 2.3% | 20.1% |
| Q1 26 | — | 1.73× | ||
| Q4 25 | 2.52× | 14.71× | ||
| Q3 25 | 9.85× | 3.73× | ||
| Q2 25 | 20.50× | 0.75× | ||
| Q1 25 | -10.18× | 3.97× | ||
| Q4 24 | — | 5.09× | ||
| Q3 24 | 12.23× | 4.03× | ||
| Q2 24 | — | 1.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PWP
Segment breakdown not available.
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |
