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Piper Sandler Companies (PIPR)
NYSE: PIPR · Real-Time Price · USD
75.02
+2.16 (2.96%)
At close: Aug 21, 2026, 4:00 PM EDT
75.02
0.00 (0.00%)
After-hours: Aug 21, 2026, 6:30 PM EDT

Piper Sandler Companies Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,1151,8991,5261,3481,4262,031
Revenue Growth
32.39%24.47%13.20%-5.45%-29.81%64.03%
Operating Income
525.38414.15266.68150.18150.21446.24
Net Income
307.32281.33181.1185.49110.67278.51
Earnings Per Share
4.313.962.561.241.634.11
EPS Growth
45.37%54.49%106.45%-23.93%-60.32%504.04%

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Advisory Services
1,1391,037808.75709.32776.431,026
Corporate Financing
256.76213.68173.88131.08125.34362.8
Municipal Financing
150.87145.75122.5183.42107.74164.28
Equity Brokerage
241.31230.27215.28209.51210.31154.07
Fixed Income Services
204.46207.42186.17168.03194.95233.51
Interest Income
39.7436.932.9126.7220.376.97
Investment Income
86.2328.23-7.8930.04-0.0294.03
Revenue (Total)
2,1151,8991,5261,3481,4262,031

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
862.321,312908.56817.66705.61,320
Total Debt
176.63118.16101.2127.92239.92218.84
Net Cash (Debt)
685.681,194807.36689.74465.681,101
Net Cash Growth
38.45%47.83%17.05%48.11%-57.71%80.62%
Net Cash Per Share
9.6216.7811.4110.016.8616.24

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
506.24586.63313.26275.63-224.91707.09
Capital Expenditures
-19.24-34.67-15.5-10.05-30.6-20.58
Free Cash Flow
487551.96297.76265.58-255.51686.51
Free Cash Flow Growth
1390.43%85.37%12.12%---9.93%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
24.84%21.80%17.48%11.14%10.54%21.97%
Pretax Margin
22.91%19.72%14.31%9.09%9.43%21.74%
Profit Margin
14.53%14.81%11.87%6.34%7.76%13.71%
FCF Margin
23.02%29.06%19.51%19.70%-17.92%33.80%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.0500.6750.6250.6000.6000.487
Dividend Per Share Growth
41.59%8.00%4.17%0%23.08%56.00%
Dividend Yield
2.73%0.81%0.87%1.45%2.00%1.25%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
17.3921.3626.4030.9316.079.05
Forward PE
15.0119.5821.6916.8311.7011.11
P/FCF Ratio
10.8910.8916.069.96-3.67
PS Ratio
2.513.163.131.961.251.24