vs

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

Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $161.5M, roughly 1.4× UNITIL CORP). UNITIL CORP runs the higher net margin — 11.8% vs 6.3%, a 5.5% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs -2.9%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $-36.3M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs -4.9%).

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.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

PWP vs UTL — Head-to-Head

Bigger by revenue
PWP
PWP
1.4× larger
PWP
$219.2M
$161.5M
UTL
Growing faster (revenue YoY)
UTL
UTL
+29.6% gap
UTL
26.7%
-2.9%
PWP
Higher net margin
UTL
UTL
5.5% more per $
UTL
11.8%
6.3%
PWP
More free cash flow
PWP
PWP
$66.8M more FCF
PWP
$30.5M
$-36.3M
UTL
Faster 2-yr revenue CAGR
PWP
PWP
Annualised
PWP
46.5%
-4.9%
UTL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PWP
PWP
UTL
UTL
Revenue
$219.2M
$161.5M
Net Profit
$13.8M
$19.0M
Gross Margin
Operating Margin
8.5%
21.5%
Net Margin
6.3%
11.8%
Revenue YoY
-2.9%
26.7%
Net Profit YoY
21.8%
EPS (diluted)
$0.11
$1.05

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
UTL
UTL
Q4 25
$219.2M
$161.5M
Q3 25
$164.6M
$101.1M
Q2 25
$155.3M
$102.6M
Q1 25
$211.8M
$170.8M
Q4 24
$225.7M
$127.5M
Q3 24
$278.2M
$92.9M
Q2 24
$272.0M
$95.7M
Q1 24
$102.1M
$178.7M
Net Profit
PWP
PWP
UTL
UTL
Q4 25
$13.8M
$19.0M
Q3 25
$6.0M
$-300.0K
Q2 25
$2.7M
$4.0M
Q1 25
$17.3M
$27.5M
Q4 24
$15.6M
Q3 24
$16.4M
$0
Q2 24
$-66.0M
$4.3M
Q1 24
$-35.8M
$27.2M
Operating Margin
PWP
PWP
UTL
UTL
Q4 25
8.5%
21.5%
Q3 25
5.4%
6.9%
Q2 25
5.8%
13.0%
Q1 25
5.5%
27.0%
Q4 24
22.1%
Q3 24
12.9%
6.2%
Q2 24
-30.2%
13.0%
Q1 24
-52.4%
24.7%
Net Margin
PWP
PWP
UTL
UTL
Q4 25
6.3%
11.8%
Q3 25
3.6%
-0.3%
Q2 25
1.8%
3.9%
Q1 25
8.2%
16.1%
Q4 24
12.2%
Q3 24
5.9%
Q2 24
-24.3%
4.5%
Q1 24
-35.1%
15.2%
EPS (diluted)
PWP
PWP
UTL
UTL
Q4 25
$0.11
$1.05
Q3 25
$0.08
$-0.02
Q2 25
$0.04
$0.25
Q1 25
$0.24
$1.69
Q4 24
$0.97
Q3 24
$0.24
$0.00
Q2 24
$-1.21
$0.27
Q1 24
$-0.91
$1.69

Balance Sheet & Financial Strength

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

Metric
PWP
PWP
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$255.9M
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$-127.4M
$609.6M
Total Assets
$797.6M
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PWP
PWP
UTL
UTL
Q4 25
$255.9M
$15.6M
Q3 25
$185.5M
$14.6M
Q2 25
$145.0M
$8.5M
Q1 25
$111.2M
$10.2M
Q4 24
$407.4M
$6.3M
Q3 24
$335.1M
$6.3M
Q2 24
$185.3M
$2.8M
Q1 24
$156.7M
$6.3M
Total Debt
PWP
PWP
UTL
UTL
Q4 25
$670.5M
Q3 25
$670.5M
Q2 25
$640.7M
Q1 25
$642.1M
Q4 24
$643.3M
Q3 24
$643.3M
Q2 24
$511.3M
Q1 24
$512.8M
Stockholders' Equity
PWP
PWP
UTL
UTL
Q4 25
$-127.4M
$609.6M
Q3 25
$-302.4M
$597.2M
Q2 25
$-318.4M
$532.8M
Q1 25
$-323.1M
$534.1M
Q4 24
$-421.4M
$512.5M
Q3 24
$-360.8M
$502.4M
Q2 24
$-283.0M
$508.8M
Q1 24
$161.9M
$510.8M
Total Assets
PWP
PWP
UTL
UTL
Q4 25
$797.6M
$2.1B
Q3 25
$650.2M
$1.9B
Q2 25
$606.7M
$1.9B
Q1 25
$570.5M
$1.9B
Q4 24
$876.8M
$1.8B
Q3 24
$810.9M
$1.7B
Q2 24
$645.5M
$1.7B
Q1 24
$583.6M
$1.7B
Debt / Equity
PWP
PWP
UTL
UTL
Q4 25
1.10×
Q3 25
1.12×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
1.26×
Q3 24
1.28×
Q2 24
1.00×
Q1 24
1.00×

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
UTL
UTL
Operating Cash FlowLast quarter
$34.8M
$21.4M
Free Cash FlowOCF − Capex
$30.5M
$-36.3M
FCF MarginFCF / Revenue
13.9%
-22.5%
Capex IntensityCapex / Revenue
2.0%
35.7%
Cash ConversionOCF / Net Profit
2.52×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-34.1M
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PWP
PWP
UTL
UTL
Q4 25
$34.8M
$21.4M
Q3 25
$59.2M
$15.6M
Q2 25
$56.1M
$42.2M
Q1 25
$-176.5M
$52.1M
Q4 24
$223.4M
$23.3M
Q3 24
$200.3M
$26.1M
Q2 24
$90.0M
$49.9M
Q1 24
$-206.3M
$26.6M
Free Cash Flow
PWP
PWP
UTL
UTL
Q4 25
$30.5M
$-36.3M
Q3 25
$57.6M
$-39.0M
Q2 25
$55.3M
$2.0M
Q1 25
$-177.6M
$19.5M
Q4 24
$207.0M
$-32.3M
Q3 24
$199.3M
$-31.3M
Q2 24
$83.7M
$13.2M
Q1 24
$-214.8M
$6.4M
FCF Margin
PWP
PWP
UTL
UTL
Q4 25
13.9%
-22.5%
Q3 25
35.0%
-38.6%
Q2 25
35.6%
1.9%
Q1 25
-83.8%
11.4%
Q4 24
91.7%
-25.3%
Q3 24
71.6%
-33.7%
Q2 24
30.8%
13.8%
Q1 24
-210.3%
3.6%
Capex Intensity
PWP
PWP
UTL
UTL
Q4 25
2.0%
35.7%
Q3 25
0.9%
54.0%
Q2 25
0.5%
39.2%
Q1 25
0.5%
19.1%
Q4 24
7.3%
43.6%
Q3 24
0.4%
61.8%
Q2 24
2.3%
38.3%
Q1 24
8.3%
11.3%
Cash Conversion
PWP
PWP
UTL
UTL
Q4 25
2.52×
1.13×
Q3 25
9.85×
Q2 25
20.50×
10.55×
Q1 25
-10.18×
1.89×
Q4 24
1.49×
Q3 24
12.23×
Q2 24
11.60×
Q1 24
0.98×

Financial Flow Comparison

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

Related Comparisons