PWP: Perella Weinberg Partners Financial Statements
Balance sheet, income statement, and cash flow statements for Perella Weinberg Partners (PWP).
$2.10B Market Cap.
PWP Market Cap. (MRY)
PWP Shares Outstanding (MRY)
PWP Assets (MRY)
Total Assets
$876.75M
Total Liabilities
$646.99M
Total Investments
$75.83M
PWP Income (MRY)
Revenue
$878.04M
Net Income
-$64.73M
Operating Expense
$172.33M
PWP Cash Flow (MRY)
CF Operations
$223.36M
CF Investing
-$98.00K
CF Financing
-$137.25M
PWP Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $876,751,000 (15.19%) | $761,108,000 (6.14%) | $717,093,000 (-0.17%) | $718,327,000 (32.30%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $46,995,000 (-12.28%) | $53,575,000 (-10.94%) | $60,155,000 (-9.86%) | $66,735,000 (-8.97%) |
Shareholders Equity | -$421,375,000 (-376.03%) | $152,656,000 (11.05%) | $137,462,000 (8.82%) | $126,319,000 (70.28%) |
Property Plant & Equipment Net | $224,523,000 (-5.50%) | $237,587,000 (17.55%) | $202,110,000 (302.02%) | $50,274,000 (-28.82%) |
Cash & Equivalents | $332,771,000 (33.05%) | $250,102,000 (43.60%) | $174,166,000 (-65.50%) | $504,775,000 (52.54%) |
Accumulated Other Comprehensive Income | -$6,193,000 (-38.24%) | -$4,480,000 (31.48%) | -$6,538,000 (-274.46%) | -$1,746,000 (24.94%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $7,845,000 (-25.98%) |
Total Investments | $75,830,000 (-16.83%) | $91,174,000 (-34.93%) | $140,110,000 (0%) | $0 (0%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $74,439,000 (44.98%) | $51,346,000 (-27.95%) | $71,268,000 (39.36%) | $51,139,000 (24.45%) |
Trade & Non-Trade Payables | $68,919,000 (32.27%) | $52,106,000 (1.47%) | $51,350,000 (65.39%) | $31,048,000 (39.57%) |
Accumulated Retained Earnings (Deficit) | -$303,708,000 (-455.73%) | -$54,650,000 (-202.42%) | -$18,071,000 (0.02%) | -$18,075,000 (0%) |
Tax Assets | $92,969,000 (100.14%) | $46,453,000 (40.37%) | $33,094,000 (56.91%) | $21,091,000 (1637.31%) |
Tax Liabilities | $65,493,000 (111.76%) | $30,928,000 (34.52%) | $22,991,000 (62.96%) | $14,108,000 (0%) |
Total Debt | $187,349,000 (6.51%) | $175,901,000 (6.22%) | $165,601,000 (281.15%) | $43,448,000 (-78.83%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $646,986,000 (31.27%) | $492,862,000 (7.86%) | $456,953,000 (2.23%) | $446,975,000 (-4.65%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
PWP Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $878,039,000 (35.36%) | $648,652,000 (2.71%) | $631,507,000 (-21.23%) | $801,662,000 (54.47%) |
Cost of Revenue | $784,237,000 (28.79%) | $608,947,000 (11.63%) | $545,491,000 (-9.19%) | $600,694,000 (50.49%) |
Selling General & Administrative Expense | $22,824,000 (13.54%) | $20,103,000 (-0.55%) | $20,215,000 (19.04%) | $16,982,000 (12.76%) |
Research & Development Expense | $35,721,000 (3.65%) | $34,462,000 (14.55%) | $30,084,000 (6.10%) | $28,355,000 (3.94%) |
Operating Expenses | $172,334,000 (11.32%) | $154,805,000 (15.74%) | $133,749,000 (-0.47%) | $134,384,000 (-0.04%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $7,606,000 (-51.68%) |
Income Tax Expense | $21,089,000 (2251.94%) | -$980,000 (-109.49%) | $10,327,000 (-45.44%) | $18,927,000 (448.13%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$89,344,000 (20.11%) | -$111,840,000 (-252.29%) | -$31,747,000 (-889.14%) | $4,023,000 (116.53%) |
Net Income to Non-Controlling Interests | -$24,616,000 (73.98%) | -$94,617,000 (-90.66%) | -$49,625,000 (-469.12%) | $13,444,000 (0%) |
Net Income | -$64,728,000 (-275.82%) | -$17,223,000 (-196.34%) | $17,878,000 (289.77%) | -$9,421,000 (61.30%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$64,728,000 (-275.82%) | -$17,223,000 (-196.34%) | $17,878,000 (289.77%) | -$9,421,000 (61.30%) |
Weighted Average Shares | $53,187,995 (22.91%) | $43,273,939 (-1.29%) | $43,837,640 (2.92%) | $42,595,712 (40.67%) |
Weighted Average Shares Diluted | $53,187,995 (-38.71%) | $86,779,052 (-3.32%) | $89,755,632 (-3.23%) | $92,749,911 (206.31%) |
Earning Before Interest & Taxes (EBIT) | -$43,639,000 (-139.74%) | -$18,203,000 (-164.54%) | $28,205,000 (64.83%) | $17,112,000 (432.40%) |
Gross Profit | $93,802,000 (136.25%) | $39,705,000 (-53.84%) | $86,016,000 (-57.20%) | $200,968,000 (67.70%) |
Operating Income | -$78,532,000 (31.77%) | -$115,100,000 (-141.13%) | -$47,733,000 (-171.69%) | $66,584,000 (556.18%) |
PWP Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$98,000 (98.32%) | -$5,818,000 (96.50%) | -$166,231,000 (-6712.75%) | -$2,440,000 (55.81%) |
Net Cash Flow from Financing | -$137,252,000 (-104.80%) | -$67,018,000 (51.00%) | -$136,768,000 (-148.57%) | -$55,021,000 (-150.22%) |
Net Cash Flow from Operations | $223,359,000 (53.11%) | $145,883,000 (920.81%) | -$17,773,000 (-107.57%) | $234,908,000 (173.44%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $82,669,000 (8.87%) | $75,936,000 (122.97%) | -$330,609,000 (-290.15%) | $173,867,000 (170.29%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $16,277,000 (-68.27%) | $51,292,000 (136.86%) | -$139,171,000 (0%) | $0 (0%) |
Capital Expenditure | -$16,375,000 (71.57%) | -$57,598,000 (-116.86%) | -$26,560,000 (-1716.69%) | -$1,462,000 (73.52%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | -$187,224,000 (-1772.24%) |
Issuance (Purchase) of Equity Shares | $50,986,000 (326.72%) | -$22,489,000 (32.35%) | -$33,244,000 (-109.69%) | $343,021,000 (0%) |
Payment of Dividends & Other Cash Distributions | -$38,552,000 (-41.14%) | -$27,314,000 (52.33%) | -$57,295,000 (20.34%) | -$71,921,000 (-499.89%) |
Effect of Exchange Rate Changes on Cash | -$3,340,000 (-215.61%) | $2,889,000 (129.37%) | -$9,837,000 (-174.78%) | -$3,580,000 (-160.37%) |
Share Based Compensation | $188,869,000 (2.39%) | $184,464,000 (17.93%) | $156,420,000 (61.20%) | $97,033,000 (291.03%) |
Depreciation Amortization & Accretion | $30,644,000 (11.20%) | $27,558,000 (3.44%) | $26,642,000 (-16.35%) | $31,850,000 (-2.30%) |
PWP Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 10.70% (75.41%) | 6.10% (-55.15%) | 13.60% (-45.82%) | 25.10% (8.66%) |
Profit Margin | -7.40% (-174.07%) | -2.70% (-196.43%) | 2.80% (333.33%) | -1.20% (74.47%) |
EBITDA Margin | -1.50% (-207.14%) | 1.40% (-83.91%) | 8.70% (42.62%) | 6.10% (15.09%) |
Return on Average Equity (ROAE) | 28.70% (337.19%) | -12.10% (-194.53%) | 12.80% (258.02%) | -8.10% (74.04%) |
Return on Average Assets (ROAA) | -8.90% (-217.86%) | -2.80% (-193.33%) | 3.00% (287.50%) | -1.60% (65.22%) |
Return on Sales (ROS) | -5.00% (-78.57%) | -2.80% (-162.22%) | 4.50% (114.29%) | 2.10% (310.00%) |
Return on Invested Capital (ROIC) | -6.90% (-122.58%) | -3.10% (-151.67%) | 6.00% (-10.45%) | 6.70% (578.57%) |
Dividend Yield | 1.20% (-47.83%) | 2.30% (-20.69%) | 2.90% (163.64%) | 1.10% (0%) |
Price to Earnings Ratio (P/E) | -19.54 (36.09%) | -30.57 (-227.92%) | 23.9 (140.89%) | -58.45 |
Price to Sales Ratio (P/S) | 1.44 (76.96%) | 0.82 (20.00%) | 0.68 (-0.44%) | 0.68 (3.64%) |
Price to Book Ratio (P/B) | -4.99 (-172.27%) | 6.9 (10.89%) | 6.22 (-34.01%) | 9.43 (96.70%) |
Debt to Equity Ratio (D/E) | -1.53 (-147.54%) | 3.23 (-2.86%) | 3.32 (-6.05%) | 3.54 (-44.01%) |
Earnings Per Share (EPS) | -1.22 (-205.00%) | -0.4 (-197.56%) | 0.41 (286.36%) | -0.22 (0%) |
Sales Per Share (SPS) | 16.51 (10.13%) | 14.99 (4.05%) | 14.41 (-23.45%) | 18.82 (9.81%) |
Free Cash Flow Per Share (FCFPS) | 3.89 (90.78%) | 2.04 (301.78%) | -1.01 (-118.45%) | 5.48 (106.44%) |
Book Value Per Share (BVPS) | -7.92 (-324.55%) | 3.53 (12.50%) | 3.14 (5.73%) | 2.97 (21.06%) |
Tangible Assets Book Value Per Share (TABVPS) | 15.6 (-4.59%) | 16.35 (9.10%) | 14.99 (-2.03%) | 15.3 (-1.37%) |
Enterprise Value Over EBIT (EV/EBIT) | -46 (23.33%) | -60 (-293.55%) | 31 (-35.42%) | 48 (169.57%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -156.12 (-232.81%) | 117.55 (641.37%) | 15.86 (-5.51%) | 16.78 (30.11%) |
Asset Turnover | 1.2 (16.10%) | 1.04 (-3.17%) | 1.07 (-19.11%) | 1.32 (36.21%) |
Current Ratio | - | - | - | - |
Dividends | $0.28 (0.00%) | $0.28 (0.00%) | $0.28 (100.00%) | $0.14 (0%) |
Free Cash Flow (FCF) | $206,984,000 (134.45%) | $88,285,000 (299.14%) | -$44,333,000 (-118.99%) | $233,446,000 (190.41%) |
Enterprise Value (EV) | $2,028,719,292 (84.48%) | $1,099,697,733 (26.45%) | $869,676,435 (5.84%) | $821,652,195 (132.05%) |
Earnings Before Tax (EBT) | -$43,639,000 (-139.74%) | -$18,203,000 (-164.54%) | $28,205,000 (196.71%) | $9,506,000 (145.51%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$12,995,000 (-238.91%) | $9,355,000 (-82.94%) | $54,847,000 (12.02%) | $48,962,000 (78.35%) |
Invested Capital | $684,334,000 (8.05%) | $633,332,000 (-2.32%) | $648,373,000 (240.77%) | $190,265,000 (-44.55%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $829,756,000 (17.27%) | $707,533,000 (7.70%) | $656,938,000 (0.82%) | $651,592,000 (38.74%) |
Market Capitalization | $2,101,817,292 (99.49%) | $1,053,597,733 (23.15%) | $855,554,435 (-28.19%) | $1,191,438,195 (234.93%) |
Average Equity | -$225,803,500 (-258.17%) | $142,758,500 (2.00%) | $139,959,000 (19.84%) | $116,788,500 (49.64%) |
Average Assets | $729,191,750 (16.58%) | $625,471,500 (6.04%) | $589,872,500 (-2.56%) | $605,382,000 (13.39%) |
Invested Capital Average | $628,002,000 (6.91%) | $587,431,000 (25.07%) | $469,689,750 (84.30%) | $254,846,250 (-30.91%) |
Shares | 88,163,477 (2.34%) | 86,148,629 (-1.32%) | 87,301,473 (-5.77%) | 92,646,827 (194.30%) |
