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 Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	281.33	181.11	85.49	110.67	278.51
Depreciation & Amortization, Total	27.39	27.07	37.37	31.01	42.71
Stock-Based Compensation	123.91	103.36	93.77	131.2	171.45
Change in Accounts Receivable	120.88	37.51	88.46	-43.39	-32.64
Change in Accounts Payable	16.5	4.88	-3.64	-8.63	-5.34
Change in Other Net Operating Assets	-26.83	-51.27	-61.54	-412.81	245.02
Other Operating Activities	18.09	-6.05	24.91	-42.3	-2.13
Operating Cash Flow	586.63	313.26	275.63	-224.91	707.09

Investing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-34.67	-15.5	-10.05	-30.6	-20.58
Cash Acquisitions	-8.99	-16.27	-	-96.5	-
Investing Cash Flow	-43.65	-31.77	-10.05	-127.1	-20.58

Financing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Short-Term Debt Issued	5	-	30	-	-
Total Debt Issued	5	-	30	-	-
Short-Term Debt Repaid	-	-37.34	-	-	-
Long-Term Debt Repaid	-	-	-125	-	-70
Total Debt Repaid	-	-37.34	-125	-	-70
Net Debt Issued (Repaid)	5	-37.34	-95	-	-70
Issuance of Common Stock	4.25	0.79	-	-	-
Repurchase of Common Stock	-125.04	-66.43	-70.68	-187.33	-69.9
Common Dividends Paid	-54.07	-52.66	-55.52	-37.4	-72.32
Other Financing Activities	11.21	-3.91	0.54	44.8	16.13
Financing Cash Flow	-218.73	-180.61	-249.59	-250.06	-223.12

Net Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2.34	-1.14	1.48	-3.27	-0.36
Net Cash Flow	326.58	99.74	17.47	-605.34	463.03

Free Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	551.96	297.76	265.58	-255.51	686.51
Free Cash Flow Growth	85.37%	12.12%	-	-	-9.93%
Free Cash Flow Margin	29.06%	19.51%	19.70%	-17.92%	33.80%
Free Cash Flow Per Share	7.76	4.21	3.85	-3.77	10.12

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash Interest Paid	4.91	5.69	10.16	9.48	10.78
Cash Income Tax Paid	41.1	10.9	19.4	85.43	165.91

SEC Filings: 10-K · 10-Q