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.
- Revenue
- −7.56%
- EPS
- −33.8%
- Free cash flow
- +58.8%
Quarter to September 2026, against a year earlier
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Piper Sandler Companies (PIPR) Operating margin
Piper Sandler Companies's operating margin over the twelve months to 30 September 2026 was 22.8%, up 0.8 percentage points from fiscal 2025 (22.0%). Over the past ten years it has ranged from −4.06% (fiscal 2016) to 23.9% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 22.0% | 5.70 |
| FY2024 | 16.3% | 5.12 |
| FY2023 | 11.2% | (0.47) |
| FY2022 | 11.7% | (12.19) |
| FY2021 | 23.9% | 15.24 |
| FY2020 | 8.61% | (8.74) |
| FY2019 | 17.4% | 4.18 |
| FY2018 | 13.2% | 3.06 |
| FY2017 | 10.1% | 14.17 |
| FY2016 | −4.06% | (16.90) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 15.0% | (5.23) |
| Jun 2026 | 20.3% | 1.74 |
| Mar 2026 | 18.5% | (14.40) |
| Dec 2025 | 32.9% | 7.81 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| MKTX MarketAxess Holdings Inc. compare | 40.5% |
| MRX Marex Group PLC compare | 36.4% |
| FIGR Figure Technology Solutions, Inc. compare | 28.4% |
| PIPR Piper Sandler Companies | 22.8% |
| MC Moelis & Company compare | 18.4% |
| BGC BGC Group, Inc. compare | 10.7% |
| GLXY Galaxy Digital Inc. compare | −0.53% |
| RIOT Riot Platforms, Inc. compare | −210.5% |
| WULF TeraWulf Inc. compare | −250.4% |
| Capital Markets industry median | 0.00% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on PIPR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement