Piper Sandler Companies (PIPR) EBIT Margin (2010 - 2026)
Piper Sandler Companies' EBIT Margin was 20.24% in Q2 2026, up 7.96 percentage points from 12.27% a year earlier and up 1.73 percentage points from the prior quarter.
Powered by 
Analysis
Piper Sandler Companies (PIPR) EBIT Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Piper Sandler Companies' EBIT Margin was 22.87% through Jun 30, 2026, up 9.40 percentage points year-over-year; for FY2025, it was 19.74%, up 5.42 percentage points from FY2024.
- EBIT Margin shows a five-year change of +13.43 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 14.32% in FY2024 (+4.85 pp), 9.47% in FY2023 (-0.36 pp), 9.83% in FY2022 (-12.21 pp) and 22.05% in FY2021 (+15.73 pp).
- Quarterly EBIT Margin has moved between -1.18% (Q3 2023) and 28.30% (Q4 2025) over five years.
- Compared with a year earlier, EBIT Margin has increased for five straight quarters, with an average year-over-year change of +6.12 percentage points over the last eight quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q3 2024 (a gain of 16.59 percentage points); the worst was Q4 2022 (a drop of 15.10 percentage points).
- Per Business Quant data, PIPR's EBIT Margin in the three quarters before Q2 2026 was 18.51% (Q1 2026), 28.30% (Q4 2025) and 22.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 64.89% |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 38.52% |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 66.36% |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 28.12% |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 138.98% |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 32.99% |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 11.90% |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 43.88% |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 4.90% |
| 10 | Piper Sandler Companies | 4.27 Bn | 2.70 Bn | - | 20.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.24% |
| Mar 31, 2026 | 18.51% |
| Dec 31, 2025 | 28.30% |
| Sep 30, 2025 | 22.38% |
| Jun 30, 2025 | 12.27% |
| Mar 31, 2025 | 8.21% |
| Dec 31, 2024 | 16.92% |
| Sep 30, 2024 | 15.41% |
| Jun 30, 2024 | 8.29% |
| Mar 31, 2024 | 15.22% |
| Dec 31, 2023 | 18.10% |
| Sep 30, 2023 | -1.18% |
| Jun 30, 2023 | 4.94% |
| Mar 31, 2023 | 8.59% |
| Dec 31, 2022 | 10.85% |
| Sep 30, 2022 | 5.65% |
| Jun 30, 2022 | 10.48% |
| Mar 31, 2022 | 10.10% |
| Dec 31, 2021 | 25.95% |
| Sep 30, 2021 | 16.89% |
API Access
Piper Sandler Companies EBIT Margin 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=ebit-margin&ticker=PIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();