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 →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $1.8B | $281M | 0.0% | 0.0% | 20.5% | 10.9% | — | — | $809M |
| 2024 | $1.5B | $181M | 0.0% | 0.0% | 14.8% | 8.0% | — | — | $483M |
| 2023 | $1.3B | $99M | 0.0% | 0.0% | 9.1% | 4.6% | — | $30M | $383M |
| 2022 | — | $101M | — | — | 9.6% | 4.6% | — | $125M | $366M |
| 2021 | — | $330M | — | — | 31.1% | 12.9% | — | $125M | $971M |
| 2020 | — | $41M | — | — | 4.9% | 2.0% | — | $195M | $508M |
| 2019 | — | $112M | — | — | 15.3% | 6.9% | — | $225M | $250M |
| 2018 | — | $57M | — | — | 8.4% | 4.2% | — | — | $50M |
| 2017 | — | -$62M | — | — | -8.9% | -3.1% | — | — | $34M |
| 2016 | — | -$22M | — | — | -2.9% | -1.0% | — | — | $70M |
| 2015 | — | $52M | — | — | 6.6% | 2.4% | — | — | $271M |
| 2014 | — | $63M | — | — | 7.7% | 2.4% | — | — | — |
| 2013 | — | $45M | — | — | 6.1% | 1.9% | $37M | — | — |
| 2012 | — | $41M | — | — | 5.6% | 2.0% | -$214M | $477M | — |
| 2011 | — | -$102M | — | — | -14.2% | -6.2% | $198M | $284M | — |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $473M | $68M | 0.0% | 0.0% | 4.9% | 2.9% | — | — | $304M |
| Mar '26 | $459M | $65M | 0.0% | 0.0% | 4.9% | 3.1% | — | — | $344M |
| Dec '25 | — | $114M | — | — | 8.3% | 4.4% | — | — | $809M |
| Sep '25 | — | $60M | — | — | 4.7% | 2.7% | — | — | $114M |
| Jun '25 | $395M | $42M | 0.0% | 0.0% | 3.4% | 2.2% | — | — | $123M |
| Mar '25 | $378M | $65M | 0.0% | 0.0% | 5.3% | 3.6% | — | — | $126M |
| Dec '24 | — | $69M | — | — | 5.6% | 3.1% | — | — | $483M |
| Sep '24 | — | $35M | — | — | 3.0% | 1.7% | — | — | $350M |
| Jun '24 | — | $35M | — | — | 3.1% | 1.8% | — | — | $321M |
| Mar '24 | — | $42M | — | — | 3.9% | 2.3% | — | — | $70M |
| Dec '23 | — | $52M | — | — | 4.8% | 2.4% | — | $30M | $383M |
| Sep '23 | — | $4M | — | — | 0.4% | 0.2% | — | $125M | $52M |
| Jun '23 | — | $4M | — | — | 0.4% | 0.2% | — | $125M | $67M |
| Mar '23 | — | $26M | — | — | 2.5% | 1.4% | — | $125M | $46M |
| Dec '22 | — | $38M | — | — | 3.6% | 1.7% | — | $125M | $366M |
| Sep '22 | — | $15M | — | — | 1.5% | 0.7% | — | $125M | $274M |
| Jun '22 | — | $21M | — | — | 2.1% | 1.1% | — | $125M | $238M |
| Mar '22 | — | $37M | — | — | 3.6% | 1.9% | — | $125M | $247M |
| Dec '21 | — | $114M | — | — | 10.7% | 4.4% | — | $125M | $971M |
| Sep '21 | — | $46M | — | — | 4.7% | 2.1% | — | $175M | $571M |
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.
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.
As of FY2025, Piper Sandler Companies reported — of total debt against $809M of cash.
In FY2025, gross margin was —, operating margin —, and net margin 15.3%.
As of Sep '26, Piper Sandler Companies traded at a price-to-earnings ratio of about 19.5× (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.
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.