Piper Sandler Companies (PIPR)
NYSE: PIPR · Real-Time Price · USD
63.81
-4.91 (-7.14%)
Oct 30, 2026, 4:00 PM EDT - Market closed

Piper Sandler Companies Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,0791,8991,5261,3481,4262,031
Revenue Growth
21.05%24.47%13.20%-5.45%-29.81%64.03%
Operating Income
477.32414.15266.68150.18150.21446.24
Net Income
302.47281.33181.1185.49110.67278.51
Earnings Per Share
4.263.962.561.241.634.11
EPS Growth
28.02%54.49%106.45%-23.93%-60.32%504.04%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Advisory Services
1,1771,037808.75709.32776.431,026
Corporate Financing
233.68213.68173.88131.08125.34362.8
Municipal Financing
137.16145.75122.5183.42107.74164.28
Equity Brokerage
242.06230.27215.28209.51210.31154.07
Fixed Income Services
208.49207.42186.17168.03194.95233.51
Interest Income
41.6136.932.9126.7220.376.97
Investment Income
42.0433.25-7.8930.04-0.0294.03
Revenue (Total)
2,0791,8991,5261,3481,4262,031

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '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
54.13%47.83%17.05%48.11%-57.71%80.62%
Net Cash Per Share
9.6416.7811.4110.016.8616.24

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-586.63313.26275.63-224.91707.09
Capital Expenditures
--34.67-15.5-10.05-30.6-20.58
Free Cash Flow
-551.96297.76265.58-255.51686.51
Free Cash Flow Growth
-85.37%12.12%---9.93%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
22.96%21.80%17.48%11.14%10.54%21.97%
Pretax Margin
21.34%19.72%14.31%9.09%9.43%21.74%
Profit Margin
14.55%14.81%11.87%6.34%7.76%13.71%
FCF Margin
-29.06%19.51%19.70%-17.92%33.80%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
3.21%0.81%0.85%1.39%1.78%1.10%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.0020.0926.2630.7716.629.01
Forward PE
13.5919.5821.6916.8311.7011.11
P/FCF Ratio
8.8010.2415.979.90-3.66
PS Ratio
2.062.983.121.951.291.24