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Piper Sandler Companies (PIPR) Financials

Piper Sandler Companies logo
$262.59 -4.37 (-1.64%)
Closing price 05/20/2025 03:58 PM Eastern
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$263.01 +0.42 (+0.16%)
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Annual Income Statements for Piper Sandler Companies

Annual Income Statements for Piper Sandler Companies

This table shows Piper Sandler Companies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 181 85 111 279 41 112 57 -62 -22 52
Consolidated Net Income / (Loss)		 157 99 101 330 49 230 56 -60 -14 58
Net Income / (Loss) Continuing Operations		 157 99 101 330 49 88 54 26 -14 58
Total Pre-Tax Income 		218 123 134 442 69 119 72 79 -31 86
Total Revenue		 1,526 1,348 1,426 2,031 1,238 835 741 824 747 673
Net Interest Income / (Expense)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income		 1,526 1,348 1,426 2,031 1,238 835 741 824 747 673
Investment Banking Income		 1,097 954 1,009 1,647 882 652 600 657 515 500
Other Non-Interest Income		 429 394 416 384 356 183 141 166 232 173
Total Non-Interest Expense		 1,308 1,225 1,291 1,590 1,170 716 668 744 778 586
Salaries and Employee Benefits		 1,004 897 984 1,305 877 516 488 590 511 422
Net Occupancy & Equipment Expense		 121 117 115 101 98 68 63 62 65 52
Marketing Expense		 42 38 43 21 13 29 27 29 30 30
Other Operating Expenses		 127 146 123 128 125 85 82 54 58 64
Amortization Expense		 10 19 15 30 45 4.30 4.86 10 21 7.66
Restructuring Charge		 2.59 7.75 11 4.72 11 14 3.50 0.00 10 11
Income Tax Expense		 61 24 33 111 19 25 18 54 -17 28
Net Income / (Loss) Attributable to Noncontrolling Interest		 -24 13 -9.49 52 8.85 6.46 -1.21 2.39 8.21 6.41
Basic Earnings per Share		 $11.44 $5.72 $7.92 $19.52 $2.94 $7.90 $3.78 ($5.07) ($1.73) $3.34
Weighted Average Basic Shares Outstanding		 15.84M 14.96M 13.98M 14.27M 13.78M 13.56M 13.23M 12.81M 12.67M 14.37M
Diluted Earnings per Share		 $10.24 $4.96 $6.52 $16.43 $2.72 $7.69 $3.72 ($4.99) ($1.73) $3.34
Weighted Average Diluted Shares Outstanding		 17.70M 17.22M 16.97M 16.96M 14.90M 13.94M 13.43M 12.98M 12.78M 14.39M
Weighted Average Basic & Diluted Shares Outstanding		 17.73M 17.68M 17.89M 18.18M 18.26M 17.32M 15.10M 12.20M 12.70M 15.60M
Cash Dividends to Common per Share		 $3.50 $3.65 $6.90 $6.80 $2.00 $2.51 $3.12 $1.25 $0.00 $0.00

Quarterly Income Statements for Piper Sandler Companies

This table shows Piper Sandler Companies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 65 69 35 35 42 52 3.88 3.95 26 38 15
Consolidated Net Income / (Loss)		 37 53 40 15 50 65 -14 15 33 38 11
Net Income / (Loss) Continuing Operations		 37 53 40 15 50 65 -14 15 33 38 11
Total Pre-Tax Income 		29 82 56 28 52 86 -3.45 14 26 43 19
Total Revenue		 357 484 360 339 343 472 289 289 298 391 332
Net Interest Income / (Expense)		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Income		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Non-Interest Income		 357 484 360 339 343 472 289 289 298 391 332
Investment Banking Income		 249 358 252 242 245 364 195 200 196 281 239
Other Non-Interest Income		 108 126 107 97 98 108 95 89 102 110 93
Total Non-Interest Expense		 328 402 304 311 291 386 293 274 272 348 313
Salaries and Employee Benefits		 248 316 231 235 222 301 207 189 199 263 233
Net Occupancy & Equipment Expense		 33 31 30 31 29 29 29 29 30 30 29
Marketing Expense		 13 9.71 10 11 11 8.08 8.67 11 10 10 12
Other Operating Expenses		 31 42 29 30 26 39 43 36 28 38 29
Amortization Expense		 2.08 2.99 2.57 2.36 2.36 4.80 4.83 4.90 4.90 5.29 3.77
Income Tax Expense		 -7.34 30 15 13 2.84 21 10 -0.25 -7.64 4.66 8.17
Net Income / (Loss) Attributable to Noncontrolling Interest		 -28 -17 5.60 -20 7.09 13 -18 11 7.81 -0.09 -3.80
Basic Earnings per Share		 $3.96 $4.32 $2.19 $2.19 $2.74 $3.43 $0.26 $0.26 $1.77 $2.81 $1.05
Weighted Average Basic Shares Outstanding		 16.38M 15.84M 15.92M 15.88M 15.50M 14.96M 15.11M 15.07M 14.51M 13.98M 13.78M
Diluted Earnings per Share		 $3.65 $3.88 $1.96 $1.97 $2.43 $3.02 $0.22 $0.23 $1.49 $2.27 $0.87
Weighted Average Diluted Shares Outstanding		 17.79M 17.70M 17.77M 17.63M 17.50M 17.22M 17.26M 17.08M 17.18M 16.97M 16.73M
Weighted Average Basic & Diluted Shares Outstanding		 17.76M 17.73M 17.78M 17.70M 17.70M 17.68M 17.71M 17.75M 17.74M 17.89M 17.83M
Cash Dividends to Common per Share		 $3.65 $0.65 $0.65 $0.60 $1.60 $0.60 $0.60 $0.60 $1.85 $0.60 $0.60

Annual Cash Flow Statements for Piper Sandler Companies

This table details how cash moves in and out of Piper Sandler Companies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 100 17 -605 463 258 200 17 -37 -201 174
Net Cash From Operating Activities		 313 276 -225 707 780 68 510 203 -3.23 380
Net Cash From Continuing Operating Activities		 313 276 -225 707 780 68 510 203 -3.23 380
Net Income / (Loss) Continuing Operations		 157 99 101 330 49 118 56 -60 -14 58
Consolidated Net Income / (Loss)		 157 99 101 330 49 118 56 -60 -14 58
Depreciation Expense		 17 18 16 13 11 9.36 8.36 7.25 6.41 5.06
Amortization Expense		 27 30 25 40 48 14 16 22 30 14
Non-Cash Adjustments to Reconcile Net Income		 103 94 131 171 122 -8.94 43 153 139 49
Changes in Operating Assets and Liabilities, net		 8.75 35 -498 153 550 -65 387 80 -165 253
Net Cash From Investing Activities		 -32 -10 -127 -21 -435 27 -16 -7.99 -84 -16
Net Cash From Continuing Investing Activities		 -32 -10 -127 -21 -435 27 -16 -7.99 -84 -16
Purchase of Investment Securities		 -32 -10 -127 -21 -435 -26 -16 -7.99 -84 -18
Net Cash From Financing Activities		 -181 -250 -250 -223 -88 105 -477 -233 -112 -189
Net Cash From Continuing Financing Activities		 -181 -250 -250 -223 -88 105 -477 -233 -112 -189
Issuance of Debt		 -37 30 0.00 0.00 -50 175 0.00 0.00 - 193
Repayment of Debt		 0.00 -125 0.00 -70 0.00 0.03 -365 -179 -27 -75
Repurchase of Common Equity		 -66 -71 -187 -70 -22 -51 -71 -25 -71 -133
Payment of Dividends		 -74 -84 -108 -99 -28 -36 -47 -19 0.00 0.00
Other Financing Activities, Net		 -3.12 0.54 45 16 13 16 6.28 -9.80 -13 -174
Effect of Exchange Rate Changes		 -1.14 1.48 -3.27 -0.36 0.70 0.51 -0.65 1.53 -2.05 -0.37

Quarterly Cash Flow Statements for Piper Sandler Companies

This table details how cash moves in and out of Piper Sandler Companies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -357 133 29 251 -313 331 -15 21 -320 91 37
Net Cash From Operating Activities		 -207 164 80 266 -197 423 27 27 -202 161 65
Net Cash From Continuing Operating Activities		 -207 164 80 266 -197 423 27 27 -202 161 65
Net Income / (Loss) Continuing Operations		 37 53 40 15 50 65 -14 15 33 38 11
Consolidated Net Income / (Loss)		 37 53 40 15 50 65 -14 15 33 38 11
Depreciation Expense		 4.21 4.13 4.16 4.24 4.26 4.40 4.55 4.55 4.43 4.24 4.07
Amortization Expense		 7.10 9.29 5.87 4.58 7.19 7.89 7.16 7.69 7.52 7.90 6.34
Non-Cash Adjustments to Reconcile Net Income		 31 32 21 24 27 31 22 14 28 39 32
Changes in Operating Assets and Liabilities, net		 -286 66 9.19 219 -285 315 7.66 -13 -275 72 11
Net Cash From Investing Activities		 -11 -8.47 -19 -3.38 -1.28 -1.76 -3.59 -2.84 -1.86 -70 -10
Net Cash From Continuing Investing Activities		 -11 -8.47 -19 -3.38 -1.28 -1.76 -3.59 -2.84 -1.86 -70 -10
Purchase of Investment Securities		 -11 -8.47 -19 -3.38 -1.28 -1.76 -3.59 -2.84 -1.86 -70 -10
Net Cash From Financing Activities		 -140 -19 -35 -12 -114 -91 -38 -3.83 -117 -2.29 -16
Net Cash From Continuing Financing Activities		 -140 -19 -35 -12 -114 -91 -38 -3.83 -117 -2.29 -16
Issuance of Debt		 5.00 -10 - - - - - - - - -
Repurchase of Common Equity		 -81 -6.46 -2.38 -5.50 -52 -3.06 -3.90 -2.89 -61 -1.53 -22
Payment of Dividends		 -70 -13 -11 -15 -36 -10 -10 -13 -51 -8.51 -9.21
Other Financing Activities, Net		 6.33 9.73 -25 8.35 3.40 17 -24 12 -5.05 7.76 15
Effect of Exchange Rate Changes		 1.19 -3.38 2.74 -0.19 -0.32 1.20 -1.22 0.66 0.85 2.16 -1.97

Annual Balance Sheets for Piper Sandler Companies

This table presents Piper Sandler Companies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 2,256 2,141 2,182 2,565 1,997 1,629 1,345 2,025 2,126 2,139
Cash and Due from Banks		 483 383 366 971 508 250 50 34 41 190
Trading Account Securities		 426 435 340 349 - - - - 160 137
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 59 61 68 52 44 30 32 25 25 19
Goodwill		 312 302 301 228 228 88 82 82 196 218
Intangible Assets		 108 116 136 120 150 17 4.28 23 37 31
Other Assets		 868 845 971 846 1,068 1,245 1,176 1,861 1,605 1,422
Total Liabilities & Shareholders' Equity		 2,256 2,141 2,182 2,565 1,997 1,629 1,345 2,025 2,126 2,139
Total Liabilities		 840 842 928 1,338 1,071 822 615 1,283 1,309 1,306
Short-Term Debt		 16 31 4.62 13 19 57 59 309 504 577
Other Long-Term Liabilities		 824 811 798 1,200 335 289 233 449 342 302
Total Equity & Noncontrolling Interests		 1,416 1,299 1,254 1,227 926 807 730 741 816 833
Total Preferred & Common Equity		 1,228 1,085 1,054 1,062 829 731 677 693 759 784
Total Common Equity		 1,228 1,085 1,054 1,062 829 731 677 693 759 784
Common Stock		 982 988 1,045 926 848 758 797 792 789 752
Retained Earnings		 562 454 453 450 271 259 183 176 257 279
Treasury Stock		 -315 -356 -442 -313 -289 -284 -300 -274 -284 -248
Accumulated Other Comprehensive Income / (Loss)		 -1.18 -0.89 -2.50 -0.96 -0.20 -0.87 -1.40 -1.28 -2.60 -0.19
Noncontrolling Interest		 188 214 200 165 97 75 53 48 57 49

Quarterly Balance Sheets for Piper Sandler Companies

This table presents Piper Sandler Companies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 1,821 2,032 1,920 1,822 1,965 1,940 1,804 2,042
Cash and Due from Banks		 126 350 321 70 52 67 46 274
Trading Account Securities		 475 418 418 442 440 447 446 441
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 67 56 57 58 63 64 66 65
Goodwill		 312 310 302 302 302 302 302 244
Intangible Assets		 105 110 111 114 121 126 131 131
Other Assets		 736 787 711 837 988 934 813 888
Total Liabilities & Shareholders' Equity		 1,821 2,032 1,920 1,822 1,965 1,940 1,804 2,042
Total Liabilities		 442 670 579 497 747 682 564 849
Short-Term Debt		 16 22 22 3.38 12 1.27 4.02 27
Other Long-Term Liabilities		 427 648 557 494 610 556 435 697
Total Equity & Noncontrolling Interests		 1,378 1,362 1,341 1,325 1,219 1,258 1,240 1,193
Total Preferred & Common Equity		 1,213 1,167 1,126 1,101 1,034 1,033 1,037 1,000
Total Common Equity		 1,213 1,167 1,126 1,101 1,034 1,033 1,037 1,000
Common Stock		 988 986 973 987 985 978 992 1,022
Retained Earnings		 556 505 481 461 413 419 428 424
Treasury Stock		 -331 -325 -327 -347 -361 -363 -381 -442
Accumulated Other Comprehensive Income / (Loss)		 -0.04 1.56 -0.79 -0.85 -1.97 -0.77 -1.54 -3.84
Noncontrolling Interest		 165 195 215 224 184 226 203 192

Annual Metrics And Ratios for Piper Sandler Companies

This table displays calculated financial ratios and metrics derived from Piper Sandler Companies' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 13.20% -5.45% -29.81% 64.03% 48.37% 12.63% -10.04% 10.21% 11.06% 3.82%
EBITDA Growth		 53.49% -2.25% -64.62% 287.20% -10.67% 48.00% -11.28% 1,864.01% -94.75% -18.94%
EBIT Growth		 78.17% -8.77% -69.57% 544.09% -42.39% 64.13% -8.61% 356.90% -135.72% -21.66%
NOPAT Growth		 59.07% -2.18% -69.37% 569.36% -47.72% 73.40% 113.44% 218.03% -136.95% -21.32%
Net Income Growth		 59.07% -2.18% -69.37% 569.36% -78.53% 311.76% 193.75% -333.23% -123.50% -21.32%
EPS Growth		 106.45% -23.93% -60.32% 504.04% -64.63% 106.72% 174.55% -188.44% -151.80% -13.70%
Operating Cash Flow Growth		 13.65% 222.55% -131.81% -9.32% 1,050.13% -86.70% 151.13% 6,394.60% -100.85% 858.00%
Free Cash Flow Firm Growth		 -63.03% 84.16% -21.26% 304.57% 67.03% -135.28% 27.72% 408.71% -22.36% 83.77%
Invested Capital Growth		 7.61% -3.84% 1.36% 19.78% 9.69% 31.68% -32.88% -21.38% -5.65% -1.79%
Revenue Q/Q Growth		 0.81% 6.38% -15.28% 13.55% 11.43% 9.92% 2.60% -4.38% 3.48% 7.48%
EBITDA Q/Q Growth		 -0.98% 34.00% -42.23% 24.37% 26.44% 17.45% -47.81% 261.22% -93.37% 1.56%
EBIT Q/Q Growth		 -1.67% 54.37% -48.43% 28.66% 32.08% 22.82% -54.58% 180.25% -160.67% 1.16%
NOPAT Q/Q Growth		 -7.12% 36.68% -46.39% 29.70% 25.11% 29.35% -26.42% 136.87% -162.13% 2.05%
Net Income Q/Q Growth		 -7.12% 36.68% -46.39% 29.70% -67.35% 138.50% 698.84% -29.38% -139.52% 2.05%
EPS Q/Q Growth		 9.17% 17.81% -40.07% 29.27% 11.02% 19.41% 491.58% -12.90% -191.53% 4.70%
Operating Cash Flow Q/Q Growth		 -45.28% 1,958.01% -321.00% 51.54% 33.88% -59.55% 258.01% -45.83% -102.44% 81.86%
Free Cash Flow Firm Q/Q Growth		 -60.17% 147.23% -41.70% 6.66% 82.00% -184.19% 134.45% -42.69% 157.64% -4.75%
Invested Capital Q/Q Growth		 3.45% -1.85% 2.90% 5.20% -0.15% 27.19% -15.04% 12.73% -12.78% 1.47%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 17.18% 12.67% 12.25% 24.31% 10.30% 17.10% 13.02% 13.20% 0.74% 15.68%
EBIT Margin		 14.31% 9.09% 9.43% 21.74% 5.54% 14.26% 9.78% 9.63% -4.13% 12.84%
Profit (Net Income) Margin		 10.32% 7.34% 7.10% 16.27% 3.99% 27.55% 7.53% -7.23% -1.84% 8.69%
Tax Burden Percent		 72.08% 80.74% 75.30% 74.83% 72.00% 193.21% 77.02% -75.08% 44.52% 67.67%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 27.92% 19.26% 24.70% 25.17% 28.00% 20.66% 24.89% 67.84% 0.00% 32.33%
Return on Invested Capital (ROIC)		 11.40% 7.29% 7.36% 26.38% 4.53% 10.33% 5.54% 1.91% -1.40% 3.66%
ROIC Less NNEP Spread (ROIC-NNEP)		 11.40% 7.29% 7.36% 26.38% 4.53% 103.41% 6.11% -13.37% -0.30% 3.66%
Return on Net Nonoperating Assets (RNNOA)		 0.20% 0.46% 0.79% 4.31% 1.17% 19.59% 2.05% -9.56% -0.26% 2.83%
Return on Equity (ROE)		 11.60% 7.75% 8.16% 30.69% 5.70% 29.91% 7.59% -7.65% -1.67% 6.49%
Cash Return on Invested Capital (CROIC)		 4.07% 11.21% 6.01% 8.38% -4.71% -17.02% 44.89% 25.86% 4.41% 5.47%
Operating Return on Assets (OROA)		 9.93% 5.67% 5.66% 19.35% 3.78% 8.00% 4.30% 3.82% -1.45% 3.63%
Return on Assets (ROA)		 7.16% 4.58% 4.26% 14.48% 2.72% 15.46% 3.31% -2.87% -0.64% 2.46%
Return on Common Equity (ROCE)		 9.88% 6.50% 6.96% 26.97% 5.13% 27.42% 7.07% -7.13% -1.56% 5.77%
Return on Equity Simple (ROE_SIMPLE)		 12.82% 9.12% 9.60% 31.10% 5.95% 31.44% 8.24% -8.59% -1.81% 7.46%
Net Operating Profit after Tax (NOPAT)		 157 99 101 330 49 94 54 26 -22 58
NOPAT Margin		 10.32% 7.34% 7.10% 16.27% 3.99% 11.31% 7.35% 3.10% -2.89% 8.69%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% -93.08% -0.56% 15.28% -1.10% 0.00%
SG&A Expenses to Revenue		 76.54% 78.03% 80.05% 70.26% 79.90% 73.38% 78.04% 82.64% 81.09% 74.87%
Operating Expenses to Revenue		 85.69% 90.91% 90.57% 78.26% 94.46% 85.74% 90.22% 90.37% 104.13% 87.16%
Earnings before Interest and Taxes (EBIT)		 218 123 134 442 69 119 72 79 -31 86
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 262 171 175 494 128 143 96 109 5.54 106
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 4.34 2.81 2.11 2.76 1.91 1.34 1.21 1.51 1.14 0.62
Price to Tangible Book Value (P/TBV)		 6.60 4.57 3.61 4.10 3.50 1.56 1.38 1.78 1.65 0.91
Price to Revenue (P/Rev)		 3.49 2.26 1.56 1.44 1.28 1.17 1.10 1.27 1.16 0.72
Price to Earnings (P/E)		 29.45 35.66 20.13 10.52 39.01 8.77 14.31 0.00 0.00 9.31
Dividend Yield		 0.83% 1.39% 1.92% 2.07% 1.84% 2.20% 4.98% 1.80% 0.00% 0.00%
Earnings Yield		 3.40% 2.80% 4.97% 9.51% 2.56% 11.41% 6.99% 0.00% 0.00% 10.74%
Enterprise Value to Invested Capital (EV/IC)		 3.53 2.19 1.58 1.66 1.21 1.00 1.11 1.27 1.02 0.64
Enterprise Value to Revenue (EV/Rev)		 3.31 2.16 1.54 1.11 1.12 1.24 1.18 1.82 2.05 1.51
Enterprise Value to EBITDA (EV/EBITDA)		 19.28 17.04 12.55 4.58 10.84 7.27 9.10 13.78 276.86 9.62
Enterprise Value to EBIT (EV/EBIT)		 23.14 23.74 16.31 5.12 20.17 8.72 12.11 18.88 0.00 11.74
Enterprise Value to NOPAT (EV/NOPAT)		 32.10 29.41 21.67 6.85 28.01 10.99 16.12 58.71 0.00 17.36
Enterprise Value to Operating Cash Flow (EV/OCF)		 16.13 10.56 0.00 3.20 1.77 15.30 1.72 7.38 0.00 2.67
Enterprise Value to Free Cash Flow (EV/FCFF)		 89.84 19.13 26.53 21.55 0.00 0.00 1.99 4.34 22.58 11.61
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.01 0.02 0.10 0.11 0.23 0.29 0.08 0.59 0.83 0.90
Long-Term Debt to Equity		 0.00 0.00 0.10 0.10 0.21 0.22 0.00 0.17 0.21 0.21
Financial Leverage		 0.02 0.06 0.11 0.16 0.26 0.19 0.34 0.71 0.87 0.77
Leverage Ratio		 1.62 1.69 1.91 2.12 2.09 1.94 2.29 2.66 2.59 2.64
Compound Leverage Factor		 1.62 1.69 1.91 2.12 2.09 1.94 2.29 2.66 2.59 2.64
Debt to Total Capital		 1.11% 2.33% 9.37% 10.13% 18.74% 22.38% 7.43% 36.95% 45.41% 47.45%
Short-Term Debt to Total Capital		 1.11% 2.33% 0.33% 0.97% 1.63% 5.53% 7.43% 26.31% 33.71% 36.41%
Long-Term Debt to Total Capital		 0.00% 0.00% 9.03% 9.16% 17.11% 16.84% 0.00% 10.63% 11.70% 11.04%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 13.13% 16.08% 14.45% 12.06% 8.48% 7.24% 6.71% 4.07% 3.81% 3.10%
Common Equity to Total Capital		 85.76% 81.59% 76.18% 77.81% 72.78% 70.38% 85.86% 58.98% 50.77% 49.45%
Debt to EBITDA		 0.06 0.18 0.74 0.28 1.68 1.63 0.61 4.00 122.69 7.13
Net Debt to EBITDA		 -1.78 -2.06 -1.35 -1.69 -2.31 -0.12 0.09 3.68 109.97 4.56
Long-Term Debt to EBITDA		 0.00 0.00 0.72 0.25 1.53 1.23 0.00 1.15 31.62 1.66
Debt to NOPAT		 0.10 0.31 1.28 0.42 4.33 2.46 1.08 17.03 -31.42 12.86
Net Debt to NOPAT		 -2.97 -3.56 -2.33 -2.52 -5.96 -0.19 0.15 15.70 -28.17 8.23
Long-Term Debt to NOPAT		 0.00 0.00 1.24 0.38 3.95 1.85 0.00 4.90 -8.10 2.99
Noncontrolling Interest Sharing Ratio		 14.80% 16.21% 14.70% 12.14% 9.92% 8.34% 6.85% 6.74% 6.44% 11.03%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 56 152 83 105 -51 -156 441 345 68 87
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.69 0.62 0.60 0.89 0.68 0.56 0.44 0.40 0.35 0.28
Fixed Asset Turnover		 25.40 20.90 23.76 42.50 33.62 26.86 25.78 32.60 33.72 36.22
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 1,432 1,330 1,384 1,365 1,140 1,039 789 1,176 1,495 1,585
Invested Capital Turnover		 1.10 0.99 1.04 1.62 1.14 0.91 0.75 0.62 0.49 0.42
Increase / (Decrease) in Invested Capital		 101 -53 19 225 101 250 -387 -320 -89 -29
Enterprise Value (EV)		 5,054 2,911 2,192 2,262 1,382 1,037 878 1,498 1,532 1,015
Market Capitalization		 5,333 3,049 2,228 2,930 1,580 979 816 1,049 867 485
Book Value per Share		 $69.06 $61.29 $59.11 $59.41 $46.42 $50.93 $45.69 $45.89 $50.18 $51.60
Tangible Book Value per Share		 $45.46 $37.69 $34.61 $39.99 $25.30 $43.67 $39.88 $38.96 $34.75 $35.24
Total Capital		 1,432 1,330 1,384 1,365 1,140 1,039 789 1,176 1,495 1,585
Total Debt		 16 31 130 138 214 232 59 434 679 752
Total Long-Term Debt		 0.00 0.00 125 125 195 175 0.00 125 175 175
Net Debt		 -467 -352 -236 -833 -294 -18 8.25 401 609 481
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 -135 -1.39 85 -7.87 0.00
Net Nonoperating Obligations (NNO)		 16 31 130 138 214 232 59 434 679 752
Total Depreciation and Amortization (D&A)		 44 48 40 52 59 24 24 29 36 19
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $11.44 $5.72 $0.00 $19.52 $2.94 $7.90 $3.78 ($5.07) ($1.73) $3.34
Adjusted Weighted Average Basic Shares Outstanding		 15.84M 14.96M 0.00 14.27M 13.78M 13.56M 13.23M 12.81M 12.67M 14.37M
Adjusted Diluted Earnings per Share		 $10.24 $4.96 $0.00 $16.43 $2.72 $7.69 $3.72 ($5.07) ($1.73) $3.34
Adjusted Weighted Average Diluted Shares Outstanding		 17.70M 17.22M 0.00 16.96M 14.90M 13.94M 13.43M 12.98M 12.78M 14.39M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $7.90 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 17.73M 17.68M 0.00 18.18M 18.26M 17.32M 14.64M 15.20M 15.16M 14.93M
Normalized Net Operating Profit after Tax (NOPAT)		 159 105 110 334 57 106 57 56 44 66
Normalized NOPAT Margin		 10.44% 7.81% 7.70% 16.44% 4.61% 12.67% 7.70% 6.74% 5.83% 9.76%
Pre Tax Income Margin		 14.31% 9.09% 9.43% 21.74% 5.54% 14.26% 9.78% 9.63% -4.13% 12.84%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 46.83% 85.32% 106.27% 30.07% 57.08% 15.48% 84.47% -31.82% 0.00% 0.00%
Augmented Payout Ratio		 89.02% 156.73% 291.42% 51.23% 101.58% 37.49% 211.46% -74.60% -515.49% 227.29%

Quarterly Metrics And Ratios for Piper Sandler Companies

This table displays calculated financial ratios and metrics derived from Piper Sandler Companies' official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 4.14% 2.60% 24.21% 17.47% 15.16% 20.66% -12.74% -18.02% -15.04% -39.68% -25.54%
EBITDA Growth		 -36.21% -2.63% 695.03% 39.19% 69.17% 79.06% -71.83% -42.54% -14.69% -69.97% -67.61%
EBIT Growth		 -43.85% -4.33% 1,712.03% 96.41% 103.12% 101.19% -118.25% -61.30% -27.58% -74.73% -75.03%
NOPAT Growth		 -25.84% -18.69% 1,772.46% 2.32% 48.23% 69.87% -122.50% -47.32% 35.64% -69.73% -79.44%
Net Income Growth		 -25.84% -18.69% 395.31% 2.32% 48.23% 69.87% -227.43% -47.32% 35.64% -69.73% -79.44%
EPS Growth		 50.21% 28.48% 790.91% 756.52% 63.09% 33.04% -74.71% -81.75% -29.72% -65.76% -67.54%
Operating Cash Flow Growth		 -5.09% -61.27% 193.99% 877.07% 2.34% 163.11% -57.81% -19.71% 58.30% -67.02% -69.00%
Free Cash Flow Firm Growth		 -131.97% -141.34% 191.18% 164.77% 274.64% 505.01% 63.39% -149.18% 31.21% 119.50% 65.17%
Invested Capital Growth		 4.93% 7.61% 2.09% -1.59% -2.94% -3.84% 0.81% 5.46% 6.61% 1.36% 3.62%
Revenue Q/Q Growth		 -26.20% 34.63% 6.01% -1.13% -27.30% 63.00% 0.26% -3.08% -23.82% 17.87% -5.80%
EBITDA Q/Q Growth		 -57.36% 45.58% 77.13% -41.98% -34.92% 1,088.72% -68.99% -29.48% -31.12% 86.99% -36.74%
EBIT Q/Q Growth		 -64.16% 47.67% 96.90% -46.12% -38.93% 2,588.29% -123.99% -44.28% -39.51% 125.74% -49.13%
NOPAT Q/Q Growth		 -29.97% 29.99% 169.81% -69.81% -23.22% 2,773.83% -116.51% -56.25% -12.02% 254.18% -61.36%
Net Income Q/Q Growth		 -29.97% 29.99% 169.81% -69.81% -23.22% 572.13% -193.48% -56.25% -12.02% 254.18% -61.36%
EPS Q/Q Growth		 -5.93% 97.96% -0.51% -18.93% -19.54% 1,272.73% -4.35% -84.56% -34.36% 160.92% -30.95%
Operating Cash Flow Q/Q Growth		 -226.48% 104.47% -69.93% 235.14% -146.62% 1,452.03% -0.07% 113.51% -225.59% 148.88% 90.18%
Free Cash Flow Firm Q/Q Growth		 41.06% -502.06% -67.24% -58.82% -23.80% 986.90% 76.73% -11.03% -364.00% 153.66% -58.41%
Invested Capital Q/Q Growth		 -2.64% 3.45% 1.55% 2.59% -0.15% -1.85% -2.11% 1.18% -1.09% 2.90% 2.41%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 11.40% 19.74% 18.25% 10.93% 18.62% 20.80% 2.85% 9.22% 12.67% 14.02% 8.83%
EBIT Margin		 8.24% 16.97% 15.47% 8.33% 15.28% 18.19% -1.19% 4.98% 8.66% 10.91% 5.70%
Profit (Net Income) Margin		 10.29% 10.85% 11.23% 4.41% 14.45% 13.69% -4.72% 5.07% 11.23% 9.72% 3.24%
Tax Burden Percent		 124.92% 63.93% 72.62% 53.00% 94.57% 75.22% 396.43% 101.74% 129.59% 89.09% 56.78%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 -24.92% 36.07% 27.38% 47.00% 5.43% 24.78% 0.00% -1.74% -29.59% 10.91% 43.22%
Return on Invested Capital (ROIC)		 11.64% 11.98% 12.41% 4.64% 14.93% 13.59% -0.78% 4.92% 11.62% 10.08% 4.12%
ROIC Less NNEP Spread (ROIC-NNEP)		 11.64% 11.98% 12.41% 4.64% 14.93% 13.59% -8.58% 4.92% 11.62% 10.08% 4.12%
Return on Net Nonoperating Assets (RNNOA)		 0.08% 0.21% 0.76% 0.26% 0.77% 0.86% -1.03% 0.53% 1.24% 1.09% 0.60%
Return on Equity (ROE)		 11.73% 12.19% 13.18% 4.90% 15.70% 14.45% -1.81% 5.45% 12.87% 11.17% 4.72%
Cash Return on Invested Capital (CROIC)		 5.82% 4.07% 10.31% 10.00% 11.51% 11.21% 4.56% 1.86% 1.90% 6.01% 10.73%
Operating Return on Assets (OROA)		 6.97% 11.78% 11.71% 6.23% 11.74% 11.35% -0.75% 3.35% 6.45% 6.55% 4.53%
Return on Assets (ROA)		 8.70% 7.53% 8.51% 3.30% 11.10% 8.54% -2.99% 3.41% 8.36% 5.84% 2.57%
Return on Common Equity (ROCE)		 10.04% 10.39% 11.24% 4.07% 13.09% 12.11% -1.53% 4.54% 11.03% 9.53% 4.05%
Return on Equity Simple (ROE_SIMPLE)		 11.92% 0.00% 14.52% 10.25% 10.46% 0.00% 7.00% 9.38% 10.61% 0.00% 18.87%
Net Operating Profit after Tax (NOPAT)		 37 53 40 15 50 65 -2.42 15 33 38 11
NOPAT Margin		 10.29% 10.85% 11.23% 4.41% 14.45% 13.69% -0.83% 5.07% 11.23% 9.72% 3.24%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.80% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 82.55% 73.62% 75.53% 81.79% 76.51% 71.63% 84.68% 79.38% 80.39% 77.45% 82.56%
Operating Expenses to Revenue		 91.76% 83.03% 84.53% 91.67% 84.72% 81.81% 101.19% 95.02% 91.34% 89.09% 94.30%
Earnings before Interest and Taxes (EBIT)		 29 82 56 28 52 86 -3.45 14 26 43 19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 41 96 66 37 64 98 8.26 27 38 55 29
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 3.62 4.34 4.30 3.62 3.18 2.81 2.45 2.18 2.33 2.11 1.75
Price to Tangible Book Value (P/TBV)		 5.51 6.60 6.73 5.71 5.12 4.57 4.14 3.72 4.00 3.61 2.80
Price to Revenue (P/Rev)		 2.85 3.49 3.32 2.82 2.52 2.26 2.00 1.72 1.76 1.56 1.04
Price to Earnings (P/E)		 21.57 29.45 30.61 30.59 34.25 35.66 35.41 27.35 24.28 20.13 9.42
Dividend Yield		 2.24% 0.83% 0.86% 1.04% 1.21% 1.39% 1.68% 1.89% 1.77% 1.92% 2.34%
Earnings Yield		 4.64% 3.40% 3.27% 3.27% 2.92% 2.80% 2.82% 3.66% 4.12% 4.97% 10.62%
Enterprise Value to Invested Capital (EV/IC)		 3.19 3.53 3.53 2.93 2.76 2.19 2.07 1.83 1.98 1.58 1.36
Enterprise Value to Revenue (EV/Rev)		 2.89 3.31 3.23 2.76 2.63 2.16 2.21 1.93 1.97 1.54 1.08
Enterprise Value to EBITDA (EV/EBITDA)		 18.60 19.28 18.47 19.24 18.61 17.04 22.00 17.06 16.09 12.55 6.03
Enterprise Value to EBIT (EV/EBIT)		 22.75 23.14 22.01 24.46 24.55 23.74 35.30 24.90 21.72 16.31 7.00
Enterprise Value to NOPAT (EV/NOPAT)		 30.74 32.10 28.84 34.56 31.82 29.41 38.71 26.17 24.60 21.67 9.66
Enterprise Value to Operating Cash Flow (EV/OCF)		 14.66 16.13 8.54 7.68 13.07 10.56 209.31 49.94 47.11 0.00 17.91
Enterprise Value to Free Cash Flow (EV/FCFF)		 56.15 89.84 34.62 29.03 23.59 19.13 45.55 100.81 107.66 26.53 12.86
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.01 0.01 0.02 0.02 0.00 0.02 0.11 0.10 0.10 0.10 0.13
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.10 0.10 0.10 0.10
Financial Leverage		 0.01 0.02 0.06 0.06 0.05 0.06 0.12 0.11 0.11 0.11 0.15
Leverage Ratio		 1.35 1.62 1.55 1.49 1.41 1.69 1.66 1.60 1.54 1.91 1.84
Compound Leverage Factor		 1.35 1.62 1.55 1.49 1.41 1.69 1.66 1.60 1.54 1.91 1.84
Debt to Total Capital		 1.13% 1.11% 1.57% 1.61% 0.25% 2.33% 10.09% 9.12% 9.43% 9.37% 11.30%
Short-Term Debt to Total Capital		 1.13% 1.11% 1.57% 1.61% 0.25% 2.33% 0.87% 0.09% 0.29% 0.33% 2.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.22% 9.03% 9.13% 9.03% 9.30%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 11.81% 13.13% 14.07% 15.74% 16.90% 16.08% 13.60% 16.30% 14.81% 14.45% 14.30%
Common Equity to Total Capital		 87.06% 85.76% 84.35% 82.65% 82.85% 81.59% 76.31% 74.58% 75.76% 76.18% 74.40%
Debt to EBITDA		 0.07 0.06 0.08 0.11 0.02 0.18 1.07 0.85 0.77 0.74 0.50
Net Debt to EBITDA		 -0.46 -1.78 -1.24 -1.44 -0.34 -2.06 0.67 0.40 0.49 -1.35 -0.41
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.98 0.84 0.74 0.72 0.41
Debt to NOPAT		 0.11 0.10 0.13 0.19 0.03 0.31 1.89 1.30 1.17 1.28 0.80
Net Debt to NOPAT		 -0.76 -2.97 -1.94 -2.59 -0.58 -3.56 1.17 0.61 0.76 -2.33 -0.65
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 1.73 1.29 1.14 1.24 0.66
Noncontrolling Interest Sharing Ratio		 14.39% 14.80% 14.69% 16.94% 16.66% 16.21% 15.62% 16.70% 14.27% 14.70% 14.14%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -29 -49 12 37 90 118 -13 -57 -51 19 -36
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.85 0.69 0.76 0.75 0.77 0.62 0.63 0.67 0.74 0.60 0.79
Fixed Asset Turnover		 24.78 25.40 25.49 23.81 22.54 20.90 19.85 21.24 23.07 23.76 29.23
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,394 1,432 1,384 1,363 1,328 1,330 1,356 1,385 1,369 1,384 1,345
Invested Capital Turnover		 1.13 1.10 1.11 1.05 1.03 0.99 0.94 0.97 1.04 1.04 1.27
Increase / (Decrease) in Invested Capital		 65 101 28 -22 -40 -53 11 72 85 19 47
Enterprise Value (EV)		 4,445 5,054 4,889 3,989 3,663 2,911 2,803 2,534 2,706 2,192 1,823
Market Capitalization		 4,391 5,333 5,023 4,074 3,505 3,049 2,534 2,249 2,420 2,228 1,753
Book Value per Share		 $68.44 $69.06 $65.96 $63.63 $71.01 $61.29 $58.28 $58.21 $57.97 $59.11 $57.38
Tangible Book Value per Share		 $44.91 $45.46 $42.18 $40.29 $44.20 $37.69 $34.46 $34.11 $33.79 $34.61 $35.90
Total Capital		 1,394 1,432 1,384 1,363 1,328 1,330 1,356 1,385 1,369 1,384 1,345
Total Debt		 16 16 22 22 3.38 31 137 126 129 130 152
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 125 125 125 125 125
Net Debt		 -110 -467 -328 -299 -67 -352 85 59 83 -236 -123
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 11 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 16 16 22 22 3.38 31 137 126 129 130 152
Total Depreciation and Amortization (D&A)		 11 13 10 8.81 11 12 12 12 12 12 10
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $3.96 $4.32 $2.19 $2.19 $2.74 $3.43 $0.26 $0.26 $1.77 $2.81 $1.05
Adjusted Weighted Average Basic Shares Outstanding		 16.38M 15.84M 15.92M 15.88M 15.50M 14.96M 15.11M 15.07M 14.51M 13.98M 13.78M
Adjusted Diluted Earnings per Share		 $3.65 $3.88 $1.96 $1.97 $2.43 $3.02 $0.22 $0.23 $1.49 $2.27 $0.87
Adjusted Weighted Average Diluted Shares Outstanding		 17.79M 17.70M 17.77M 17.63M 17.50M 17.22M 17.26M 17.08M 17.18M 16.97M 16.73M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 17.76M 17.73M 17.78M 17.70M 17.70M 17.68M 17.71M 17.75M 17.74M 17.89M 17.83M
Normalized Net Operating Profit after Tax (NOPAT)		 21 53 41 15 50 65 -2.42 13 18 40 14
Normalized NOPAT Margin		 5.77% 10.85% 11.39% 4.57% 14.45% 13.69% -0.83% 4.43% 6.06% 10.20% 4.34%
Pre Tax Income Margin		 8.24% 16.97% 15.47% 8.33% 15.28% 18.19% -1.19% 4.98% 8.66% 10.91% 5.70%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 74.90% 46.83% 42.09% 61.29% 60.16% 85.32% 114.23% 84.55% 70.02% 106.27% 79.08%
Augmented Payout Ratio		 140.56% 89.02% 79.28% 117.21% 113.97% 156.73% 209.73% 174.25% 192.14% 291.42% 178.33%

Frequently Asked Questions About Piper Sandler Companies' Financials

When does Piper Sandler Companies's financial year end?

According to the most recent income statement we have on file, Piper Sandler Companies' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Piper Sandler Companies' net income changed over the last 9 years?

Piper Sandler Companies' net income appears to be on an upward trend, with a most recent value of $157.44 million in 2024, rising from $58.48 million in 2015. The previous period was $98.97 million in 2023. See where experts think Piper Sandler Companies is headed by visiting Piper Sandler Companies' forecast page.

How has Piper Sandler Companies revenue changed over the last 9 years?

Over the last 9 years, Piper Sandler Companies' total revenue changed from $672.92 million in 2015 to $1.53 billion in 2024, a change of 126.8%.

How much debt does Piper Sandler Companies have?

Piper Sandler Companies' total liabilities were at $840.16 million at the end of 2024, a 0.2% decrease from 2023, and a 35.7% decrease since 2015.

How much cash does Piper Sandler Companies have?

In the past 9 years, Piper Sandler Companies' cash and equivalents has ranged from $33.79 million in 2017 to $970.97 million in 2021, and is currently $482.83 million as of their latest financial filing in 2024.

How has Piper Sandler Companies' book value per share changed over the last 9 years?

Over the last 9 years, Piper Sandler Companies' book value per share changed from 51.60 in 2015 to 69.06 in 2024, a change of 33.8%.


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This page (NYSE:PIPR) was last updated on 5/21/2025 by MarketBeat.com Staff
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