Piper Sandler Companies

PIPR Financial Capital Markets

Piper Sandler Companies' revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 24.5% from fiscal 2024. In the quarter to June 2026, revenue grew 24.9%, EPS grew 58.1% and free cash flow grew 58.8%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

64.70 0.13 +0.20%
Market cap
$4.6B
P/E
14.2×
Fwd P/E
16.3×
Dividend yield
0.89%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Older periods Sep '25 Dec '25 Mar '26 Jun '26
P/E ratio

+8 more quarters

24.10 20.14 18.28 15.88
P/S ratio
3.38 2.98 2.58 2.32
P/FCF ratio
0.00 10.25 10.90 10.06
P/Operating CF
181.79 7.75 (17.80) 135.09
P/B ratio
3.96 3.58 3.33 3.12
Price to Tangible BV
5.57 4.86 4.56 4.25
EV/Sales
3.49 2.71 2.55 2.31
EV/EBITDA
17.45 10.94 9.68 8.35
EV/Operating CF
289.69 8.78 10.25 9.67
EV/FCF
(314.20) 9.33 10.81 10.05
Quick Ratio
0.78 0.85 0.80 0.67
Current Ratio
1.37 1.35 1.64 1.41
Net Debt/EBITDA
(0.85) (3.44) (3.37) (2.65)
Debt/Assets
0.00% 0.00% 0.00% 0.00%
Debt/Equity
0.00 0.00 0.00 0.00
Asset Turnover
0.81 0.78 1.02 0.99
Operating CF/Net income
0.53 6.40 (4.47) 0.53
Capex/Depreciation
(0.43) (0.21) (0.15) (0.55)
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
69.33% 64.49% 72.55% 72.67%
Intangible Assets out of Total Assets
0.19 0.16 0.20 0.18
Share Based Compensation of Revenue
4.88% 7.22% 5.91% 5.81%
Graham Net Nets
0.05 0.06 0.07 0.06
Graham Number
42.10 47.48 46.51 48.71
Earnings Yield
4.15% 4.97% 5.47% 6.30%
Free Cash Flow Yield
(0.33%) 9.75% 9.17% 9.94%
Revenue per Share
7.17 10.00 6.99 7.32
Operating CF per Share
0.48 10.95 (4.30) 0.54
Capex per Share
(0.09) (0.05) (0.03) (0.11)
Free Cash Flow per Share
0.39 10.90 (4.33) 0.42
Cash per Share
1.70 12.15 5.08 4.49
Shareholders Equity per Share
21.88 23.75 22.96 23.15
Interest Debt per Share
0.00 0.00 0.00 0.00
Book value per Share
21.88 23.75 22.96 23.15
Free Cash Flow
25.92 726.48 (293.87) 28.46
Working Capital
280.60 355.44 368.75 308.16
Capital Expenditures
(5.98) (3.32) (2.15) (7.79)
Net Current Asset Value
280.60 355.44 368.75 308.16
EV/EBIT
20.43 12.32 10.80 9.27
Capex to Sales
0.01 0.01 0.00 0.02
Price to Operating Income
19.80 13.54 10.90 9.27
Other line items
Average Receivables
288.08 114.05 71.93 186.03
Average Payables
29.93 14.11 20.84 4.07
Average Inventory
432.02 464.00 480.01 523.33
Average Assets
2,125.97 2,424.29 1,975.28 2,143.00
Average Common Equity
1,412.62 1,499.28 1,467.98 1,483.42

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Columns are period end dates