tradmap

PIPR Financials Piper Sandler Companies

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 18.7% per year over the past 5 years.
  • Net income has grown faster than revenue (47.3% vs 18.7% per year).
  • Free cash flow has declined 56.9% per year over the past 5 years.

Financial health

  • Total debt has grown slower than revenue (-39.6% vs 18.7% per year).

Shareholder returns

  • Dividends have been paid for 9 consecutive years, consuming 40.6% of earnings.
  • The dividend has grown 32.3% per year over the past 5 years.
Revenue & net income
-$102M $866M $2B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 8% 15% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$214M -$8M $198M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $485M $971M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$477M $151M $780M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.8B $281M 0.0% 0.0% $809M
2024 $1.5B $181M 0.0% 0.0% $483M
2023 $1.3B $99M 0.0% 0.0% $30M $383M
2022 $101M $125M $366M
2021 $330M $125M $971M
2020 $41M $195M $508M
2019 $112M $225M $250M
2018 $57M $50M
2017 -$62M $34M
2016 -$22M $70M
2015 $52M $271M
2014 $63M
2013 $45M $37M
2012 $41M -$214M $477M
2011 -$102M $198M $284M

Valuation over time

How the market has priced PIPR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 30.8 61.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 2.3 4.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 2.4 4.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is PIPR growing its revenue and profit?

Over the past 5 years, Piper Sandler Companies's revenue has grown 18.7% per year, and net income grown 47.3% per year. These are computed facts, not advice.

How much debt does PIPR have?

As of FY2025, Piper Sandler Companies reported — of total debt against $809M of cash.

What is PIPR's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 15.3%.

What is PIPR's P/E ratio?

As of Jun '26, Piper Sandler Companies traded at a price-to-earnings ratio of about 19.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.