Piper Sandler Companies (PIPR) EBITDA Margin (2010 - 2026)

Piper Sandler Companies (PIPR) posted quarterly EBITDA Margin of 21.76% for Q1 2026, up 683.0% year-over-year from 2.78% in Q1 2025, and down 31.74% quarter-over-quarter from 31.87% in Q4 2025.

Piper Sandler Companies (PIPR) EBITDA Margin (2010 - 2026) Analysis & Trends

Piper Sandler Companies' EBITDA Margin history runs 17 years deep, the most recent figure standing at 21.76% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 683.0% year-over-year to 21.76%; the TTM figure through Mar 2026 stood at 32.15% (up 1573.0% YoY), while the FY2025 annual figure was 21.16%, up 515.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 21.76%, down from 31.87% in the prior quarter.
  • The five-year high for EBITDA Margin was 55.48% in Q3 2025, with the low at 0.11% in Q3 2023.
  • The 5-year median for EBITDA Margin is 16.26% (2024), against an average of 19.63%.
  • The sharpest annual moves came in 2023 and 2025: EBITDA Margin plunged 4638 bps in 2023, then surged 3387 bps in 2025.
  • Piper Sandler Companies' EBITDA Margin stood at 10.8% in 2022, then surged by 64 bps to 17.75% in 2023, then declined by 8 bps to 16.26% in 2024, then jumped by 96 bps to 31.87% in 2025, then plunged by 32 bps to 21.76% in 2026.
  • Business Quant data shows PIPR's EBITDA Margin at 21.76% in Q1 2026, 31.87% in Q4 2025, and 55.48% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 95.89%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 131.07%
3 Schwab Charles 220.55 Bn 135.80 Bn - 108.73%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 149.71%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 35.93%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -161.28%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 139.66%
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 15.00%
10 Piper Sandler Companies 5.17 Bn 5.04 Bn - 21.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.76%
Dec 31, 2025 31.87%
Sep 30, 2025 55.48%
Jun 30, 2025 16.93%
Mar 31, 2025 14.93%
Dec 31, 2024 16.26%
Sep 30, 2024 21.61%
Jun 30, 2024 12.74%
Mar 31, 2024 18.18%
Dec 31, 2023 17.75%
Sep 30, 2023 0.11%
Jun 30, 2023 5.84%
Mar 31, 2023 9.66%
Dec 31, 2022 10.80%
Sep 30, 2022 12.48%
Jun 30, 2022 52.22%
Mar 31, 2022 15.08%
Dec 31, 2021 26.03%
Sep 30, 2021 17.61%
Jun 30, 2021 22.79%