Piper Sandler Companies (PIPR)
NYSE: PIPR · Real-Time Price · USD
293.52
-6.76 (-2.25%)
Mar 6, 2026, 4:00 PM EST - Market closed

Piper Sandler Companies Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
293.97157.4498.97101.18330.37
Depreciation & Amortization
27.3927.0737.3731.0142.71
Stock-Based Compensation
123.91103.3693.77131.2171.45
Other Adjustments
30.8134.2622.24-23.48-44.48
Changes in Trading Assets
-145.57-47.08-18.76-92.54-38.63
Change in Receivables
120.8837.5188.46-43.39-32.64
Changes in Accounts Payable
16.54.88-3.64-8.63-5.34
Changes in Accrued Expenses
107.3756.6-74.69-296.37330.88
Changes in Other Operating Activities
11.37-60.831.9-23.9-47.23
Operating Cash Flow
586.63313.26275.63-224.91707.09
Operating Cash Flow Growth
87.27%13.65%---9.32%
Capital Expenditures
-34.67-15.5-10.05-30.6-20.58
Payments for Business Acquisitions
-8.99-16.27--96.5-
Investing Cash Flow
-43.65-31.77-10.05-127.1-20.58
Long-Term Debt Repaid
---125--70
Net Long-Term Debt Issued (Repaid)
---125--70
Issuance of Common Stock
4.250.79---
Repurchase of Common Stock
-125.04-66.43-70.68-187.33-69.9
Net Common Stock Issued (Repurchased)
-120.8-65.63-70.68-187.33-69.9
Common Dividends Paid
-114.15-73.73-84.44-107.53-99.35
Other Financing Activities
16.21-41.2530.5444.816.13
Financing Cash Flow
-218.73-180.61-249.59-250.06-223.12
Effect of Exchange Rate Changes on Cash and Cash Equivalents
2.34-1.141.48-3.27-0.36
Net Cash Flow
326.5899.7417.47-605.34463.03
Free Cash Flow
551.96297.76265.58-255.51686.51
Free Cash Flow Growth
85.37%12.12%---9.93%
FCF Margin
29.06%19.51%19.70%-17.92%33.80%
Free Cash Flow Per Share
31.0416.8315.42-15.0640.49
Levered Free Cash Flow
263.72146.3-77.37-310.34470.32
Unlevered Free Cash Flow
276.36122.6261.11-319.84592.18
Updated Feb 6, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.
SEC Filings: 10-K · 10-Q