PJT Partners Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	134.39	81.8	90.53	106.17
Depreciation & Amortization, Total	28.67	36.66	36.21	34.93
Stock-Based Compensation	209.19	178.54	165.53	108.91
Change in Accounts Receivable	-55.92	51.9	-32.5	-61.03
Change in Accounts Payable	-12.2	-28.24	-20.83	-23.47
Change in Other Net Operating Assets	129.17	54.72	-78.01	-134.45
Other Operating Activities	93.67	61.02	78.82	86.21
Operating Cash Flow	530.95	441.53	242.73	124.16
Capital Expenditures	-3.3	-3.93	-3.43	-6.47
Cash Acquisitions	-10.73	-	-	-
Investment in Securities	22.09	-30.42	-49.8	137.82
Investing Cash Flow	8.06	-34.35	-53.24	131.35
Short-Term Debt Issued	-	15	42	15
Total Debt Issued	-	15	42	15
Short-Term Debt Repaid	-	-15	-42	-15
Total Debt Repaid	-	-15	-42	-15
Repurchase of Common Stock	-272.58	-136.14	-127.28	-126.12
Common Dividends Paid	-24.13	-24.44	-24.63	-77.97
Other Financing Activities	-111.97	-67.5	-58.11	-149.29
Financing Cash Flow	-408.68	-228.08	-210.02	-353.38
Foreign Exchange Rate Adjustments	-1.99	3.2	-6.72	-1.16
Net Cash Flow	128.33	182.31	-27.25	-99.03
Free Cash Flow	527.65	437.61	239.3	117.69
Free Cash Flow Growth	20.58%	82.87%	103.33%	-74.45%
Free Cash Flow Margin	35.29%	37.83%	23.36%	11.84%
Free Cash Flow Per Share	11.96	10.45	8.99	2.78
Cash Interest Paid	-	0.02	0.13	0.01
Cash Income Tax Paid	36.08	23.29	28.58	30.93

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.