Piper Sandler Companies (PIPR) EBITDA Margin (2010 - 2026)
Piper Sandler Companies (PIPR) posted EBITDA Margin of 20.39% for Q2 2026, up 9.25% on a QoQ basis from 18.66% in Q1 2026, and up 766.0% year-over-year from 2.35% in Q2 2025.
Powered by 
Analysis
Piper Sandler Companies (PIPR) EBITDA Margin (2010 - 2026) Analysis & Trends
Piper Sandler Companies has reported EBITDA Margin for 17 years, with the latest figure at 20.39% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 766.0% year-over-year to 20.39% in Q2 2026; TTM through Jun 2026 was 23.03%, a 919.0% increase from a year earlier, with the FY2025 full-year figure at 19.92%, up 529.0% from the prior year.
- EBITDA Margin was 20.39% for Q2 2026 at Piper Sandler Companies, up from 18.66% in the prior quarter.
- The five-year high for EBITDA Margin was 28.44% in Q4 2025, with the low at 0.31% in Q3 2023.
- Average EBITDA Margin over 5 years is 13.45%, with a median of 12.08% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: EBITDA Margin tumbled 1492 bps in 2022, then jumped 1609 bps in 2024.
- Over 5 years, EBITDA Margin stood at 11.43% in 2022, then jumped by 63 bps to 18.6% in 2023, then retreated by 8 bps to 17.18% in 2024, then surged by 66 bps to 28.44% in 2025, then slipped by 28 bps to 20.39% in 2026.
- The last three EBITDA Margin figures came in at 20.39% (Q2 2026), 18.66% (Q1 2026), and 28.44% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 13.22% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 38.36% |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 20.75% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 20.39% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 4.53% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 201.61% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 5.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.39% |
| Mar 31, 2026 | 18.66% |
| Dec 31, 2025 | 28.44% |
| Sep 30, 2025 | 22.55% |
| Jun 30, 2025 | 12.73% |
| Mar 31, 2025 | 8.57% |
| Dec 31, 2024 | 17.18% |
| Sep 30, 2024 | 15.78% |
| Jun 30, 2024 | 8.78% |
| Mar 31, 2024 | 15.62% |
| Dec 31, 2023 | 18.60% |
| Sep 30, 2023 | -0.31% |
| Jun 30, 2023 | 5.83% |
| Mar 31, 2023 | 9.47% |
| Dec 31, 2022 | 11.43% |
| Sep 30, 2022 | 6.44% |
| Jun 30, 2022 | 11.15% |
| Mar 31, 2022 | 10.72% |
| Dec 31, 2021 | 26.35% |
| Sep 30, 2021 | 17.49% |