Piper Sandler Companies (PIPR)
NYSE: PIPR · Real-Time Price · USD
76.23
+0.71 (0.94%)
Aug 13, 2026, 1:51 PM EDT - Market open
Piper Sandler Companies Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 363.85 | 293.97 | 157.44 | 98.97 | 101.18 | 330.37 |
Depreciation & Amortization | 28.6 | 27.39 | 27.07 | 37.37 | 31.01 | 42.71 |
Stock-Based Compensation | 128.28 | 123.91 | 103.36 | 93.77 | 131.2 | 171.45 |
Other Adjustments | 21.35 | 30.81 | 34.26 | 22.24 | -23.48 | -44.48 |
Changes in Trading Assets | -94.73 | -145.57 | -47.08 | -18.76 | -92.54 | -38.63 |
Change in Receivables | -38.5 | 120.88 | 37.51 | 88.46 | -43.39 | -32.64 |
Changes in Accounts Payable | -4.13 | 16.5 | 4.88 | -3.64 | -8.63 | -5.34 |
Changes in Accrued Expenses | 85.27 | 107.37 | 56.6 | -74.69 | -296.37 | 330.88 |
Changes in Other Operating Activities | 16.25 | 11.37 | -60.8 | 31.9 | -23.9 | -47.23 |
Operating Cash Flow | 506.24 | 586.63 | 313.26 | 275.63 | -224.91 | 707.09 |
Operating Cash Flow Growth | 634.91% | 87.27% | 13.65% | - | - | -9.32% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -19.24 | -34.67 | -15.5 | -10.05 | -30.6 | -20.58 |
Cash Acquisitions | -10.14 | -8.99 | -16.27 | - | -96.5 | - |
Investing Cash Flow | -29.39 | -43.65 | -31.77 | -10.05 | -127.1 | -20.58 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Repaid | - | - | - | -125 | - | -70 |
Net Long-Term Debt Issued (Repaid) | - | - | - | -125 | - | -70 |
Issuance of Common Stock | 3.28 | 4.25 | 0.79 | - | - | - |
Repurchase of Common Stock | -124.38 | -125.04 | -66.43 | -70.68 | -187.33 | -69.9 |
Net Common Stock Issued (Repurchased) | -121.1 | -120.8 | -65.63 | -70.68 | -187.33 | -69.9 |
Common Dividends Paid | -141.36 | -114.15 | -73.73 | -84.44 | -107.53 | -99.35 |
Other Financing Activities | -31.38 | 16.21 | -41.25 | 30.54 | 44.8 | 16.13 |
Financing Cash Flow | -293.84 | -218.73 | -180.61 | -249.59 | -250.06 | -223.12 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -2.11 | 2.34 | -1.14 | 1.48 | -3.27 | -0.36 |
Net Cash Flow | 180.91 | 326.58 | 99.74 | 17.47 | -605.34 | 463.03 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 487 | 551.96 | 297.76 | 265.58 | -255.51 | 686.51 |
Free Cash Flow Growth | 1390.43% | 85.37% | 12.12% | - | - | -9.93% |
FCF Margin | 23.02% | 29.06% | 19.51% | 19.70% | -17.92% | 33.80% |
Free Cash Flow Per Share | 6.84 | 7.76 | 4.21 | 3.85 | -3.77 | 10.12 |
Levered Free Cash Flow | 319.34 | 263.72 | 146.3 | -77.37 | -310.34 | 470.32 |
Unlevered Free Cash Flow | 395.6 | 276.36 | 122.62 | 61.11 | -319.84 | 592.18 |