vs
Side-by-side financial comparison of Perella Weinberg Partners (PWP) and Utz Brands, Inc. (UTZ). Click either name above to swap in a different company.
Utz Brands, Inc. is the larger business by last-quarter revenue ($341.0M vs $219.2M, roughly 1.6× Perella Weinberg Partners). Perella Weinberg Partners runs the higher net margin — 6.3% vs 0.7%, a 5.6% gap on every dollar of revenue. On growth, Perella Weinberg Partners posted the faster year-over-year revenue change (-2.9% vs -3.1%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $16.5M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% 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.
PWP vs UTZ — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2024
| Metric | | |
|---|---|---|
| Revenue | $219.2M | $341.0M |
| Net Profit | $13.8M | $2.3M |
| Gross Margin | — | 25.5% |
| Operating Margin | 8.5% | 2.1% |
| Net Margin | 6.3% | 0.7% |
| Revenue YoY | -2.9% | -3.1% |
| Net Profit YoY | — | 108.3% |
| EPS (diluted) | $0.11 | $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 | $219.2M | — | ||
| Q3 25 | $164.6M | — | ||
| Q2 25 | $155.3M | — | ||
| Q1 25 | $211.8M | — | ||
| Q4 24 | $225.7M | $341.0M | ||
| Q3 24 | $278.2M | $365.5M | ||
| Q2 24 | $272.0M | $356.2M | ||
| Q1 24 | $102.1M | $346.5M |
| Q4 25 | $13.8M | — | ||
| Q3 25 | $6.0M | — | ||
| Q2 25 | $2.7M | — | ||
| Q1 25 | $17.3M | — | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | $16.4M | $-2.2M | ||
| Q2 24 | $-66.0M | $19.8M | ||
| Q1 24 | $-35.8M | $-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 | 8.5% | — | ||
| Q3 25 | 5.4% | — | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | 12.9% | 5.3% | ||
| Q2 24 | -30.2% | 6.3% | ||
| Q1 24 | -52.4% | 2.8% |
| Q4 25 | 6.3% | — | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | 5.9% | -0.6% | ||
| Q2 24 | -24.3% | 5.6% | ||
| Q1 24 | -35.1% | -1.2% |
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $0.04 | — | ||
| Q1 25 | $0.24 | — | ||
| Q4 24 | — | $0.04 | ||
| Q3 24 | $0.24 | $-0.03 | ||
| Q2 24 | $-1.21 | $0.23 | ||
| Q1 24 | $-0.91 | $-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 | $255.9M | $56.1M |
| Total DebtLower is stronger | — | $768.6M |
| Stockholders' EquityBook value | $-127.4M | $696.9M |
| Total Assets | $797.6M | $2.7B |
| Debt / EquityLower = less leverage | — | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $255.9M | — | ||
| Q3 25 | $185.5M | — | ||
| Q2 25 | $145.0M | — | ||
| Q1 25 | $111.2M | — | ||
| Q4 24 | $407.4M | $56.1M | ||
| Q3 24 | $335.1M | $64.9M | ||
| Q2 24 | $185.3M | $66.6M | ||
| Q1 24 | $156.7M | $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 | $-127.4M | — | ||
| Q3 25 | $-302.4M | — | ||
| Q2 25 | $-318.4M | — | ||
| Q1 25 | $-323.1M | — | ||
| Q4 24 | $-421.4M | $696.9M | ||
| Q3 24 | $-360.8M | $685.7M | ||
| Q2 24 | $-283.0M | $686.0M | ||
| Q1 24 | $161.9M | $671.1M |
| Q4 25 | $797.6M | — | ||
| Q3 25 | $650.2M | — | ||
| Q2 25 | $606.7M | — | ||
| Q1 25 | $570.5M | — | ||
| Q4 24 | $876.8M | $2.7B | ||
| Q3 24 | $810.9M | $2.6B | ||
| Q2 24 | $645.5M | $2.7B | ||
| Q1 24 | $583.6M | $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 | $34.8M | $54.2M |
| Free Cash FlowOCF − Capex | $30.5M | $16.5M |
| FCF MarginFCF / Revenue | 13.9% | 4.8% |
| Capex IntensityCapex / Revenue | 2.0% | 11.1% |
| Cash ConversionOCF / Net Profit | 2.52× | 23.67× |
| TTM Free Cash FlowTrailing 4 quarters | $-34.1M | $7.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.8M | — | ||
| Q3 25 | $59.2M | — | ||
| Q2 25 | $56.1M | — | ||
| Q1 25 | $-176.5M | — | ||
| Q4 24 | $223.4M | $54.2M | ||
| Q3 24 | $200.3M | $52.2M | ||
| Q2 24 | $90.0M | $8.9M | ||
| Q1 24 | $-206.3M | $-9.1M |
| Q4 25 | $30.5M | — | ||
| Q3 25 | $57.6M | — | ||
| Q2 25 | $55.3M | — | ||
| Q1 25 | $-177.6M | — | ||
| Q4 24 | $207.0M | $16.5M | ||
| Q3 24 | $199.3M | $29.1M | ||
| Q2 24 | $83.7M | $-15.3M | ||
| Q1 24 | $-214.8M | $-22.7M |
| Q4 25 | 13.9% | — | ||
| Q3 25 | 35.0% | — | ||
| Q2 25 | 35.6% | — | ||
| Q1 25 | -83.8% | — | ||
| Q4 24 | 91.7% | 4.8% | ||
| Q3 24 | 71.6% | 8.0% | ||
| Q2 24 | 30.8% | -4.3% | ||
| Q1 24 | -210.3% | -6.5% |
| Q4 25 | 2.0% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 7.3% | 11.1% | ||
| Q3 24 | 0.4% | 6.3% | ||
| Q2 24 | 2.3% | 6.8% | ||
| Q1 24 | 8.3% | 3.9% |
| Q4 25 | 2.52× | — | ||
| Q3 25 | 9.85× | — | ||
| Q2 25 | 20.50× | — | ||
| Q1 25 | -10.18× | — | ||
| Q4 24 | — | 23.67× | ||
| Q3 24 | 12.23× | — | ||
| Q2 24 | — | 0.45× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
