Piper Sandler Companies (PIPR) Asset Utilization Ratio (2010 - 2026)
Piper Sandler Companies' (PIPR) Asset Utilization Ratio stood at 0.95 in Q2 2026, up 12.0% from 0.85 a year earlier and up 11.0% from the prior quarter.
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Analysis
Piper Sandler Companies (PIPR) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Piper Sandler Companies' Asset Utilization Ratio came in at 0.78, up 12.8% from FY2024.
- Annual Asset Utilization Ratio has increased for three straight years.
- Across earlier years, Asset Utilization Ratio came in at 0.70 in FY2024 (+10.8%), 0.63 in FY2023 (+3.9%), 0.60 in FY2022 (-32.4%) and 0.90 in FY2021 (+29.5%).
- The Q2 2026 figure is the highest quarterly Asset Utilization Ratio in data going back to Q4 2010.
- On a year-over-year basis, Asset Utilization Ratio has increased for ten consecutive quarters, with growth averaging 10.6% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 31.0% in Q3 2021, against a decline of 25.2% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.86 (Q1 2026), 0.79 (Q4 2025) and 0.82 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.45 Bn | 94.54 Bn | - | 0.03 |
| 2 | Robinhood Markets | 88.71 Bn | 69.74 Bn | - | 0.10 |
| 3 | Intercontinental Exchange | 88.56 Bn | 82.30 Bn | - | 0.08 |
| 4 | Nasdaq | 53.15 Bn | 50.58 Bn | 1.50 Bn | 0.32 |
| 5 | Interactive Brokers | 36.88 Bn | 13.99 Bn | - | 0.03 |
| 6 | Cboe Global Markets | 32.93 Bn | 24.58 Bn | 731.60 Mn | 0.47 |
| 7 | LPL Financial Holdings | 25.72 Bn | 21.04 Bn | - | 1.02 |
| 8 | Tradeweb Markets | 25.31 Bn | 17.33 Bn | - | 0.27 |
| 9 | Circle Internet | 21.34 Bn | 15.22 Bn | 288.85 Mn | 0.04 |
| 10 | Piper Sandler Companies | 4.34 Bn | 2.77 Bn | - | 0.95 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.95 |
| Mar 31, 2026 | 0.86 |
| Dec 31, 2025 | 0.79 |
| Sep 30, 2025 | 0.82 |
| Jun 30, 2025 | 0.85 |
| Mar 31, 2025 | 0.76 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 0.78 |
| Mar 31, 2024 | 0.71 |
| Dec 31, 2023 | 0.66 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.70 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.68 |
| Sep 30, 2022 | 0.85 |
| Jun 30, 2022 | 0.94 |
| Mar 31, 2022 | 0.88 |
| Dec 31, 2021 | 0.86 |
| Sep 30, 2021 | 0.84 |
API Access
Piper Sandler Companies Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();