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.
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Piper Sandler Companies (PIPR) P/E ratio
As of 16 October 2026, Piper Sandler Companies (PIPR) trades at a P/E ratio of 14.2×. Over the past ten years it has ranged from 0.0× (December 2018) to 41.7× (March 2021); the current reading is higher than 48% of that period. That is in line with the Capital Markets industry median of 14.2× and above the Financial sector median of 12.4×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 20.1× | (23.33%) |
| FY2024 | 26.3× | (12.07%) |
| FY2023 | 29.9× | 75.06% |
| FY2022 | 17.1× | 86.96% |
| FY2021 | 9.1× | (73.32%) |
| FY2020 | 34.2× | 240.56% |
| FY2019 | 10.0× | (45.53%) |
| FY2018 | 18.4× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 15.9× | (13.12%) |
| Mar 2026 | 18.3× | (9.22%) |
| Dec 2025 | 20.1× | (16.43%) |
| Sep 2025 | 24.1× | 12.53% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| RIOT Riot Platforms, Inc. compare | n/m |
| PIPR Piper Sandler Companies | 14.2× |
| LAZ Lazard, Inc. compare | 16.3× |
| MRX Marex Group PLC compare | 16.7× |
| FIGR Figure Technology Solutions, Inc. compare | 17.7× |
| PJT PJT Partners Inc. compare | 17.9× |
| MC Moelis & Company compare | 18.0× |
| MKTX MarketAxess Holdings Inc. compare | 19.4× |
| BGC BGC Group, Inc. compare | 28.3× |
| Capital Markets industry median | 14.2× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)