Perella Weinberg Partners (PWP) Financial Statements
Price: $15.89
Market Cap: $1.38B
Avg Volume: 773.66K
Market Cap: $1.38B
Avg Volume: 773.66K
Country: US
Industry: Financial - Capital Markets
Sector: Financial Services
Industry: Financial - Capital Markets
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Perella Weinberg Partners.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $878.04M | $648.65M | $631.51M | $801.66M | $518.99M | $533.30M | $679.57M | $403.01M |
| Cost of Revenue | $525.94M | $426.57M | $545.49M | $600.69M | $399.15M | $543.12M | $- | $- |
| Gross Profit | $352.10M | $222.08M | $86.02M | $200.97M | $119.84M | $-9.82M | $679.57M | $403.01M |
| Gross Profit Ratio | 40.10% | 34.24% | 13.62% | 25.07% | 23.09% | -1.84% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $1.00M | $1.20M | $1.70M | $1.50M | $2.10M | $- |
| General and Administrative Expenses | $72.09M | $269.01M | $110.02M | $119.89M | $118.90M | $129.45M | $73.12M | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $-73.12M | $- |
| Selling General and Administrative Expenses | $72.09M | $269.01M | $110.02M | $119.89M | $118.90M | $129.45M | $977 | $485.90M |
| Other Expenses | $- | $- | $23.73M | $14.49M | $15.53M | $15.85M | $- | $- |
| Operating Expenses | $72.09M | $337.18M | $133.75M | $134.38M | $134.44M | $145.30M | $977 | $594.14M |
| Cost and Expenses | $598.03M | $763.75M | $679.24M | $735.08M | $533.58M | $688.42M | $977 | $594.14M |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $- | $276.00K | $276.00K | $7.61M | $15.74M | $15.39M | $- | $- |
| Depreciation and Amortization | $20.38M | $14.68M | $26.64M | $31.85M | $32.60M | $15.85M | $119.48M | $189.33M |
| EBITDA | $-58.15M | $-97.86M | $5.50M | $62.41M | $10.38M | $-130.35M | $-980 | $-504.00K |
| EBITDA Ratio | -6.62% | -15.09% | 0.87% | 7.78% | 2.00% | -24.44% | -0.00% | -0.13% |
| Operating Income | $-78.53M | $-115.10M | $-47.73M | $66.58M | $-5.15M | $-155.12M | $-980 | $-189.33M |
| Operating Income Ratio | -8.94% | -17.74% | -7.56% | 8.31% | -0.99% | -29.09% | -0.00% | -46.98% |
| Total Other Income Expenses Net | $10.28M | $2.28M | $26.31M | $-43.63M | $-6.29M | $-6.48M | $-15.80M | $-1.80M |
| Income Before Tax | $-68.25M | $-112.82M | $-21.42M | $22.95M | $-20.89M | $-161.60M | $-977 | $-191.13M |
| Income Before Tax Ratio | -7.77% | -17.39% | -3.39% | 2.86% | -4.02% | -30.30% | -0.00% | -47.42% |
| Income Tax Expense | $21.09M | $-980.00K | $10.33M | $18.93M | $3.45M | $2.42M | $2.54M | $646.00K |
| Net Income | $-64.73M | $-17.22M | $-31.75M | $4.02M | $-24.34M | $-164.02M | $-977 | $-190.48M |
| Net Income Ratio | -7.37% | -2.66% | -5.03% | 0.50% | -4.69% | -30.76% | -0.00% | -47.26% |
| EPS | $-0.12 | $-0.40 | $-0.72 | $0.09 | $-0.26 | $-1.62 | $0.00 | $-1.89 |
| EPS Diluted | $-0.12 | $-0.20 | $-0.35 | $0.04 | $-0.26 | $-1.62 | $0.00 | $-1.89 |
| Weighted Average Shares Outstanding | 531.88M | 43.27M | 43.84M | 42.60M | 92.80M | 100.98M | 100.98M | 100.98M |
| Weighted Average Shares Outstanding Diluted | 531.88M | 86.78M | 89.76M | 93.62M | 92.80M | 100.98M | 100.98M | 100.98M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $331.56M | $247.17M | $171.57M | $502.77M | $329.06M | $10.76K | $- |
| Short Term Investments | $75.83M | $91.17M | $140.11M | $- | $230.01M | $- | $- |
| Cash and Short Term Investments | $407.39M | $338.35M | $311.68M | $502.77M | $329.06M | $10.76K | $- |
| Net Receivables | $73.29M | $51.35M | $71.27M | $51.14M | $41.09M | $- | $- |
| Inventory | $- | $- | $2.60M | $2.00M | $- | $- | $- |
| Other Current Assets | $- | $2.93M | $- | $24.31M | $25.79M | $- | $- |
| Total Current Assets | $480.68M | $392.62M | $421.73M | $580.23M | $397.79M | $10.76K | $- |
| Property Plant Equipment Net | $224.52M | $237.59M | $202.11M | $50.27M | $70.63M | $76.68M | $- |
| Goodwill | $34.38M | $34.38M | $34.38M | $34.38M | $34.38M | $34.38M | $- |
| Intangible Assets | $12.61M | $19.19M | $25.77M | $32.35M | $38.93M | $45.51M | $- |
| Goodwill and Intangible Assets | $46.99M | $53.58M | $60.16M | $66.73M | $73.31M | $79.89M | $- |
| Long Term Investments | $-29.22M | $30.67M | $-139.97M | $-24.31M | $-25.79M | $- | $25.00K |
| Tax Assets | $92.97M | $46.45M | $33.09M | $21.09M | $1.21M | $- | $- |
| Other Non-Current Assets | $- | $30.87M | $139.97M | $24.31M | $25.79M | $-156.52M | $172 |
| Total Non-Current Assets | $364.49M | $368.49M | $295.36M | $138.10M | $145.16M | $54.87K | $25.17K |
| Other Assets | $31.58M | $- | $- | $- | $- | $- | $- |
| Total Assets | $876.75M | $761.11M | $717.09M | $718.33M | $542.95M | $65.64K | $25.17K |
| Account Payables | $68.92M | $52.11M | $46.34M | $31.05M | $22.25M | $- | $- |
| Short Term Debt | $- | $- | $- | $- | $27.69M | $- | $- |
| Tax Payables | $- | $- | $- | $14.11M | $- | $- | $- |
| Deferred Revenue | $- | $- | $5.01M | $7.84M | $10.60M | $- | $300 |
| Other Current Liabilities | $- | $233.93M | $-46.34M | $-45.16M | $-60.53M | $42.93K | $849 |
| Total Current Liabilities | $68.92M | $286.03M | $51.35M | $38.89M | $60.53M | $42.93K | $1.15K |
| Long Term Debt | $187.35M | $175.90M | $165.60M | $43.45M | $205.19M | $153.00M | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $390.72M | $30.93M | $286.34M | $395.68M | $263.58M | $98.09M | $- |
| Total Non-Current Liabilities | $578.07M | $206.83M | $405.60M | $408.08M | $408.24M | $251.09M | $- |
| Other Liabilities | $- | $- | $- | $- | $- | $-251.09M | $- |
| Total Liabilities | $646.99M | $492.86M | $456.95M | $446.98M | $468.77M | $42.93K | $1.15K |
| Preferred Stock | $- | $- | $- | $- | $- | $5.82M | $- |
| Common Stock | $10.00K | $10.00K | $9.00K | $9.00K | $215.85M | $787 | $787 |
| Retained Earnings | $-303.71M | $-54.65M | $-18.07M | $-18.07M | $-1.02M | $-2.30K | $-977 |
| Accumulated Other Comprehensive Income Loss | $-6.19M | $-4.48M | $-6.54M | $-1.75M | $-2.33M | $-5.82M | $- |
| Other Total Stockholders Equity | $-111.48M | $211.78M | $162.06M | $146.13M | $1.02M | $25.00K | $24.21K |
| Total Stockholders Equity | $-421.38M | $152.66M | $137.46M | $126.32M | $74.18M | $22.70K | $24.02K |
| Total Equity | $229.76M | $268.25M | $260.14M | $271.35M | $74.18M | $22.70K | $24.02K |
| Total Liabilities and Stockholders Equity | $876.75M | $761.11M | $717.09M | $718.33M | $542.95M | $65.64K | $25.17K |
| Minority Interest | $651.14M | $115.59M | $122.68M | $145.03M | $- | $- | $- |
| Total Liabilities and Total Equity | $876.75M | $761.11M | $717.09M | $718.33M | $542.95M | $65.64K | $25.17K |
| Total Investments | $75.83M | $91.17M | $140.11K | $-24.31M | $-25.79M | $- | $25.00K |
| Total Debt | $187.35M | $175.90M | $165.60M | $43.45M | $205.19M | $869 | $- |
| Net Debt | $-144.21M | $-71.27M | $-5.97M | $-459.32M | $-123.87M | $-9.89K | $- |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $-89.34M | $-17.22M | $-31.75M | $4.02M | $-24.34M | $-164.02M | $-125.76M | $-190.48M |
| Depreciation and Amortization | $20.38M | $14.68M | $10.69M | $14.49M | $15.53M | $15.85M | $14.21M | $- |
| Deferred Income Tax | $-2.46M | $-2.07M | $-2.74M | $-3.72M | $-564.00K | $692.00K | $- | $- |
| Stock Based Compensation | $93.39M | $184.46M | $156.42M | $97.03M | $24.82M | $193.30M | $199.05M | $206.85M |
| Change in Working Capital | $- | $44.50M | $-148.44M | $59.00M | $46.42M | $-171.90M | $167.21M | $- |
| Accounts Receivables | $-32.85M | $18.59M | $-24.34M | $-7.13M | $27.53M | $-2.68M | $-6.05M | $- |
| Inventory | $- | $- | $- | $-36.90M | $-14.89M | $-17.93M | $- | $- |
| Accounts Payables | $20.95M | $-1.38M | $-3.32M | $7.78M | $2.97M | $-5.55M | $- | $- |
| Other Working Capital | $- | $27.29M | $-120.78M | $95.25M | $30.82M | $-145.73M | $173.25M | $- |
| Other Non Cash Items | $201.39M | $-78.46M | $-1.96M | $64.08M | $24.04M | $19.97M | $16.16M | $-16.37M |
| Net Cash Provided by Operating Activities | $223.36M | $145.88M | $-17.77M | $234.91M | $85.91M | $-106.11M | $270.88M | $- |
| Investments in Property Plant and Equipment | $-16.38M | $-57.60M | $-26.56M | $-1.46M | $-5.52M | $-7.42M | $-3.34M | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $-74.91M | $-89.26M | $-139.17M | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $91.19M | $140.55M | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $488.00K | $-500.00K | $-978.00K | $-230.00M | $150.00K | $560.00K | $- |
| Net Cash Used for Investing Activities | $-98.00K | $-5.82M | $-166.23M | $-2.44M | $-5.52M | $-7.27M | $-2.78M | $- |
| Debt Repayment | $- | $- | $- | $-186.86M | $-10.00M | $10.00M | $- | $- |
| Common Stock Issued | $65.99M | $- | $- | $- | $- | $11.74K | $- | $- |
| Common Stock Repurchased | $-78.38M | $-22.49M | $-78.16M | $-12.00M | $- | $-11.74K | $-24.54M | $- |
| Dividends Paid | $-20.28M | $-13.14M | $-12.84M | $-5.99M | $-11.99M | $-38.38M | $- | $- |
| Other Financing Activities | $-104.58M | $-31.38M | $-55.48M | $149.83M | $- | $-1.84M | $- | $- |
| Net Cash Used Provided by Financing Activities | $-137.25M | $-67.02M | $-136.77M | $-55.02M | $-21.99M | $-30.21M | $-24.54M | $- |
| Effect of Forex Changes on Cash | $-3.34M | $2.89M | $-9.84M | $-3.58M | $5.93M | $1.64M | $-4.27M | $- |
| Net Change in Cash | $82.67M | $75.94M | $-330.61M | $173.87M | $64.33M | $-141.95M | $239.28M | $- |
| Cash at End of Period | $332.77M | $250.10M | $174.17M | $504.77M | $330.91M | $266.58M | $408.53M | $- |
| Cash at Beginning of Period | $250.10M | $174.17M | $504.77M | $330.91M | $266.58M | $408.53M | $169.25M | $- |
| Operating Cash Flow | $223.36M | $145.88M | $-17.77M | $234.91M | $85.91M | $-106.11M | $270.88M | $- |
| Capital Expenditure | $-16.38M | $-57.60M | $-26.56M | $-1.46M | $-5.52M | $-7.42M | $-3.34M | $- |
| Free Cash Flow | $206.98M | $88.28M | $-44.33M | $233.45M | $80.39M | $-113.52M | $267.54M | $- |