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Piper Sandler Companies

PIPRFinancial ServicesNASDAQ

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Financials · Annual
Revenue
$1.84B
+24.4% YoY
Net Income
$281.3M
+55.3% YoY

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About Piper Sandler Companies

Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional. At a $5.23B market cap, Piper Sandler Companies ranks as a mid-cap company within financial services. It offers investment banking services, institutional sales, and trading services for various equity and fixed income products; research services; advisory services, such as mergers and acquisitions, equity and debt financings, equity and debt private placements, debt capital markets advisory, restructuring and private capital advisory; municipal financial advisory and loan placement services; and various over-the-counter derivative products, as well as underwrites municipal issuances.

Key stats
Market Cap$5.23B
P/E (TTM)19.54
Fwd P/E13.78
EPS$3.96
Beta1.47
52W Change+21.8%
Dividend Yield0.94%
ROE22.2%
Analysis

Piper Sandler Companies holds $829.8M in cash against $114.1M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Return on equity stands at 22.2%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 16.5% further supports the picture of efficient asset utilization. Revenue has grown from $1.37B (2022) to $1.84B (2025), reflecting a 34% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Piper Sandler Companies's trajectory.

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