Perella Weinberg Partners (PWP) Stock

Perella Weinberg Partners (PWP) is a Financials stock trading at $15.99 (as of 2026-08-20), with a market capitalization of $1.63B and a trailing P/E of 113.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advice services related to mission-critical strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, capital raising, structure and restructuring, capital markets advisory, energy underwriting, and equity research. It serves public multinational corporations, mid-sized public and private companies, individual entrepreneurs, private and institutional investors, creditor committees, and government institutions in various industries comprising consumer and retail; energy; financial institutions; healthcare; industrials; and technology, media, and telecommunications. The company was founded in 2006 and is based in New York, New York.

Understand Perella Weinberg Partners: how it makes money

Perella Weinberg Partners provides independent investment banking advice, including M&A execution, capital raising, restructuring and capital markets advisory, and earns money from fees for advisory and related services tied to client transactions.

Its reported earnings depend on fees recognized when specific advisory engagements reach documented closings, so the timing of transaction closings can materially affect quarterly results.

Business quality (Weak): Profitability looks weak in the latest quarter, with an operating margin of -8.7%.

Valuation: At 66× earnings, PWP trades 424% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Transaction-driven fee model is evidenced by revenue categorized by closings timing: Revenue included in closings (early period) is reported, indicating advisory work reached milestones that translate into recognized revenue.
  • Advisory leadership depth is measurable: The firm reports 47 Advisory Managing Directors and 64 partners, which can support the delivery of advisory services across mandates.

Bear case

  • Profitability is currently negative: The latest quarter shows an operating margin of -8.7%, which suggests costs outweighed operating results during the period.
  • Quarterly results may be sensitive to deal timing: Because revenue recognition is tied to closings and how they are recorded over short windows, outcomes can be volatile quarter to quarter.
Valuation — source: SEC EDGAR (first-party)
Price$15.99
Market Cap$1.63B
P/E Ratio113.9
EV / EBITDA142.0
Price / Sales2.63
FCF Yield-21.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$750.90M
Net Margin4.7%
Revenue Growth (YoY)-14.5%
EPS Growth (YoY)-145.1%
FCF Growth (YoY)-85.3%
Valuation vs Sector & Industry
Stock P/E113.9
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector652.5%
vs Industry781.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFMR LLC ($182.40M)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorFinancials
IndustryBanking
CEOAndrew Bednar
Employees700
CountryUS
IPO Date2020-11-24

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PWP earnings history · PWP institutional & insider holders · PWP KPIs & operating metrics · PWP financials · PWP investor presentations & press releases · PWP SEC filings · PWP peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.