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

67.10 0.04 −0.06%
Market cap
$4.7B
P/E
15.8×
Fwd P/E
14.2×
Dividend yield
0.86%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Piper Sandler Companies (PIPR) Return on invested capital

Alert me on Return on invested capital

Piper Sandler Companies's return on invested capital over the twelve months to 30 September 2026 was 0.00%, down 33.8 percentage points from fiscal 2025 (33.8%). Over the past ten years it has ranged from −2.49% (fiscal 2016) to 79.5% (fiscal 2021); the current reading is higher than 91% of that period. That is in line with the Capital Markets industry median of 0.00% and below the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 33.8% 17.11
FY2024 16.7% 6.39
FY2023 10.3% 0.03
FY2022 10.3% (69.24)
FY2021 79.5% 68.62
FY2020 10.9% (1.50)
FY2019 12.4% 3.40
FY2018 8.97% 2.72
FY2017 6.25% 8.74
FY2016 −2.49% (11.49)

Against its own ten years

Low −2.49% High 79.5%
Ten-year median 10.3%
Current reading's percentile 91

Return on invested capital against peers

Company Return on invested capital
MC Moelis & Company compare 41.8%
MKTX MarketAxess Holdings Inc. compare 24.8%
FIGR Figure Technology Solutions, Inc. compare 14.9%
BGC BGC Group, Inc. compare 10.2%
PIPR Piper Sandler Companies 0.00%
MRX Marex Group PLC compare 0.00%
GLXY Galaxy Digital Inc. compare −7.30%
WULF TeraWulf Inc. compare −9.95%
RIOT Riot Platforms, Inc. compare −32.6%
Capital Markets industry median 0.00%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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