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Perella Weinberg Partners

Perella Weinberg Partners

NASDAQ•PWP
CEO: Mr. Peter Amory Weinberg A.C.A.
Sector: Financial Services
Industry: Financial - Capital Markets
Listing Date: 2020-11-24
Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advisory services related to strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, and financing and capital solutions advice with resources focused on restructuring, liability management, and capital markets advisory, as well as underwriting and research services primarily for the energy and related industries. It serves public multinational corporations, mid-sized public and private companies, financial sponsors, individual entrepreneurs, private and institutional investors, creditor committees, and government institutions in consumer and retail; energy and energy transition; financial services and FinTech; healthcare; industrials and infrastructure; and technology, telecommunication, and media industries. Perella Weinberg Partners is headquartered in New York, New York.
Contact Information
767 Fifth Avenue, New York, NY, 10153, United States
212-287-3200
www.pwpartners.com
Market Cap
$1.65B
P/E (TTM)
23.9
51.4
Dividend Yield
1.6%
52W High
$27.03
52W Low
$14.12
52W Range
28%
Rank58Top 74.6%
2.7
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 2.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2024

Financial Dashboard

Q3 2025 Data

Revenue

$164.65M-40.83%
4-Quarter Trend

EPS

$0.09-70.30%
4-Quarter Trend

FCF

$57.64M-71.08%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Profitability Rebounds Net income attributable to PWP reached $26.1M compared to a loss of $85.5M previous nine months, showing strong recovery.
Revenue Decline Moderates Nine month revenues totaled $531.7M, decreasing 18% driven by lower M&A activity, partially offset by financing growth.
Compensation Costs Reduced Total compensation expenses fell 40% to $373.9M for nine months, reflecting lower bonus accruals and prior year acceleration effects.

Risk Factors

Revenue Engagement Predictability Low Fee-paying engagements are not predictable, causing quarterly revenue fluctuations due to reliance on transaction completion timing.
Client Concentration Noted Accrued revenue concentration noted; $23.4M in receivables (greater than 10% of gross) concentrated among three clients.
Litigation Risk Remains Active Ongoing 2015 litigation against former partners continues; management believes no material adverse effect is probable currently.

Outlook

Strategic Acquisition Completed Acquired Devon Park Advisors LLC for $20.0M cash plus stock consideration, expanding GP advisory and fund secondaries focus.
Liquidity Sufficient for Twelve Months Cash on hand, operations cash flow, and Revolving Credit Facility capacity expected to meet operating needs for next twelve months.
Share Repurchase Program Active $60.2M remains authorized for Class A share repurchases; $1.7M repurchased in September 2025 at $19.63 per share.

Peer Comparison

Revenue (TTM)

Stifel Financial Corp.SF
$5.94B
+3.2%
Qifu Technology, Inc.QFIN
$2.51B
+5.2%
Federal Agricultural Mortgage CorporationAGM
$1.61B
+2.5%

Gross Margin (Latest Quarter)

Federal Agricultural Mortgage CorporationAGM
100.0%
+78.8pp
Stifel Financial Corp.SF
86.8%
+5.3pp
Qifu Technology, Inc.QFIN
78.7%
+22.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SF$13.04B19.911.8%7.4%
LC$2.20B21.17.5%0.0%
NTB$2.15B9.321.6%0.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-10.0%
Growth Under Pressure
4Q Net Income CAGR
-33.9%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Feb 6, 2026
|
EPS:$0.24
|
Revenue:$231.30M
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $164.65M-40.8%
    |
    EPS: $0.09-70.3%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 1, 2025|
    Revenue: $155.27M-42.9%
    |
    EPS: $0.04-103.6%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 2, 2025|
    Revenue: $211.83M+107.4%
    |
    EPS: $0.28-138.3%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 27, 2025|
    Revenue: $878.04M+35.4%
    |
    EPS: $-1.22-206.5%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 12, 2024|
    Revenue: $278.24M+100.2%
    |
    EPS: $0.29-720.8%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 2, 2024|
    Revenue: $272.00M+64.3%
    |
    EPS: $-1.21-14498.8%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $102.13M-22.3%
    |
    EPS: $-0.73+501.6%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 23, 2024|
    Revenue: $648.65M+2.7%
    |
    EPS: $-0.40-197.6%
    Miss