Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Perella Weinberg Partners files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
533
519
802
632
649
878
751
Selling, general and administrative
0
1.03
General and administrative
15.7
15.1
17
20.2
20.1
22.8
18
Operating expenses
688
534
735
679
764
957
703
Operating income
-155
-14.6
66.6
-47.7
-115
-78.5
48
Interest expense
15.4
15.7
7.61
0.28
0.28
Other non-operating income
-6.48
-6.29
-43.6
26.3
2.28
10.3
3.51
Pre-tax income
-162
-20.9
23
-21.4
-113
-68.3
51.5
Income tax
2.42
3.45
18.9
10.3
-0.98
21.1
3.51
Net income to minority interests
13.4
-49.6
-94.6
-24.6
12.5
Net income
-0
-5.1
-9.42
17.9
-17.2
-64.7
35.5
EBITDA
-139
0.94
81.1
-37
-100
-58.2
68.8
EPS, basic
-0.22
0.41
-0.40
-1.22
0.55
EPS, diluted
-0.66
-0.46
-1.33
-1.22
0.47
Shares, basic (weighted)
42.6
43.8
43.3
53.2
64.2
Shares, diluted (weighted)
92.7
89.8
86.8
53.2
101
Balance sheet
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.01
329
503
172
247
332
256
Short-term investments
0
140
91.2
75.8
0
Other current assets
0.28
Total current assets
0.01
1.43
Property, plant and equipment
17.2
10.4
48.4
93.7
84.9
77.2
Lease right-of-use assets
53.4
39.9
154
144
140
138
Goodwill
34.4
34.4
34.4
34.4
34.4
72.7
Intangible assets
38.9
32.4
25.8
19.2
12.6
12.5
Total assets
0.07
543
718
717
761
877
798
Accrued liabilities
0
0.79
Total current liabilities
0.04
0.79
Total liabilities
0.04
469
447
457
493
647
537
Total debt
147
0
Paid-in capital
0.02
10.1
158
242
313
0
144
Retained earnings
-0
0
-18.1
-18.1
-54.7
-304
-131
Treasury stock
0
-12
-80.1
-101
-111
-138
Other comprehensive income
-2.33
-1.75
-6.54
-4.48
-6.19
-2.52
Shareholders' equity
0.02
74.2
126
137
153
-421
-127
Minority interests
0
145
123
116
0
Total equity
81.9
74.2
271
260
268
-421
-127
Total liabilities and equity
0.07
543
718
717
761
877
798
Cash flow statement
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-164
-24.3
4.02
-31.7
-112
-89.3
48
Depreciation and amortization
15.9
15.5
14.5
10.7
14.7
20.4
20.8
Stock-based compensation
193
24.8
97
156
184
189
110
Deferred income tax
0.69
-0.59
-3.65
-2.74
-2.07
-2.46
2.45
Change in receivables
-2.68
27.5
-7.13
-24.3
18.8
-32.8
12.2
Change in payables
-5.56
2.97
5.11
-5.81
-1.38
21
-24.5
Cash from operations
-106
85.9
235
-17.8
146
223
34.8
Capital expenditures
-7.42
-5.52
-1.46
-26.6
-57.6
-16.4
-4.31
Acquisitions
0
0
-18.9
Purchases of investments
0
0
-139
-89.3
-74.9
0
Sales and maturities of investments
0
0
141
91.2
74.9
Cash from investing
-7.27
-5.52
-2.44
-166
-5.82
-0.1
51.7
Stock issued
0
0
35.2
0
66
0
Share buybacks
0
0
-12
-68.5
-22.5
-15
-33.7
Dividends paid
0
0
-5.99
-12.8
-13.1
-20.3
-22.9
Cash from financing
-30.2
-22
-55
-137
-67
-137
-169
Exchange rate effect
1.64
5.93
-3.58
-9.84
2.89
-3.34
6.32
Net change in cash
-142
64.3
174
-331
75.9
82.7
-75.7
Free cash flow
-114
80.4
233
-44.3
88.3
207
30.5
Interest paid
11.8
11.8
5.52
0.13
0.13
Income taxes paid
1.68
2.24
12.5
26
4.57
10.3
9.24
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $14.47 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
2.8%
Operating income / revenue.
EBITDA margin
6.1%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
4.2%
Pre-tax income / revenue.
Net margin
3.2%
Net income / revenue.
FCF margin
12.8%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
13.7%
Cash from operations / revenue.
Effective tax rate
3.0%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
3.4%
Net income / average total assets.
Stock-based pay / revenue
17.8%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.9%
Capital expenditures / revenue.
D&A / revenue
3.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-14.5%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
5.9%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
7.7%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA CAGR, 5y
136.3%
Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income CAGR, 3y
25.7%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-84.4%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 5y
-16.5%
Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y
-85.3%
Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 5y
-17.6%
Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-9.0%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
3.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
8.0%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
89.6%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
4.0%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Liabilities / assets
59.0%
Total liabilities / total assets.
Goodwill and intangibles / assets
12.5%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
1.07x
Revenue / average total assets.
Fixed asset turnover
9.50x
Revenue / average property, plant and equipment.
FCF conversion
397.0%
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
6.6%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.22
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Dividends paid / net income, when net income is positive.
Dividends / FCF
28.4%
Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF
2.2%
Share buybacks / free cash flow, when free cash flow is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$1.36B
Share price x shares outstanding.
Enterprise value
$1.24B
Market cap + total debt - cash - short-term investments.
P/E
61.3x
Market cap / net income. Only when net income is positive.
P/S
1.97x
Market cap / revenue.
P/FCF
15.4x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
14.4x
Market cap / cash from operations, when positive.
EV/Sales
1.81x
Enterprise value / revenue.
EV/EBIT
63.7x
Enterprise value / operating income, when both are positive.
EV/EBITDA
29.7x
Enterprise value / EBITDA, when both are positive.
EV/FCF
14.1x
Enterprise value / free cash flow, when both are positive.
FCF yield
6.5%
Free cash flow / market cap.
Earnings yield
1.6%
Net income / market cap (the inverse of P/E).
Dividend yield
1.8%
Dividends paid over the period / market cap.
Shareholder yield
2.0%
(Dividends paid + share buybacks) / market cap.
What was Perella Weinberg Partners's revenue in fiscal 2025?
Perella Weinberg Partners reported revenue of $750.9M for fiscal 2025, 14.5% lower than the year before.
Was Perella Weinberg Partners profitable in fiscal 2025?
Yes. Net income was $35.5M, a net margin of 4.7%.
How much free cash flow did Perella Weinberg Partners generate in fiscal 2025?
Cash from operations of $34.8M minus capital expenditures of $4.3M left free cash flow of $30.5M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.