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
Jun '26 Mar '26 Dec '25 Sep '25 Older periods
P/E ratio
15.88 18.28 20.14 24.10

+8 more quarters

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

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Columns are period end dates