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

Piper Sandler Companies (PIPR) recorded quarterly EBT Margin of 18.51% in Q1 2026, down 34.7% quarter-over-quarter from 28.34% in Q4 2025, and up 1027.0% on a YoY basis from 1.64% in Q1 2025.

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

Piper Sandler Companies' EBT Margin history runs 17 years deep, the most recent figure standing at 18.51% for Q1 2026.

  • In Q1 2026, EBT Margin rose 1027.0% year-over-year to 18.51%; the TTM figure through Mar 2026 stood at 21.45% (up 877.0% YoY), while the FY2025 annual figure was 19.72%, up 546.0% from the prior year.
  • EBT Margin was 18.51% for Q1 2026 at Piper Sandler Companies, down from 28.34% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 28.34% in Q4 2025 to a low of 1.18% in Q3 2023.
  • Historically, EBT Margin has averaged 12.56% across 5 years, with a median of 10.85% in 2022.
  • The sharpest annual moves came in 2022 and 2024: EBT Margin plunged 1520 bps in 2022, then surged 1659 bps in 2024.
  • A 5-year view of EBT Margin shows it stood at 10.85% in 2022, then surged by 67 bps to 18.1% in 2023, then fell by 6 bps to 16.97% in 2024, then surged by 67 bps to 28.34% in 2025, then tumbled by 35 bps to 18.51% in 2026.
  • The last three EBT Margin figures came in at 18.51% (Q1 2026), 28.34% (Q4 2025), and 22.41% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 34.07%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 37.65%
4 Schwab Charles 153.74 Bn 108.77 Bn - 49.18%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 38.52%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 77.17%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 9.81%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 49.04%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 136.18%
10 Piper Sandler Companies 5.22 Bn 5.09 Bn - 18.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.51%
Dec 31, 2025 28.34%
Sep 30, 2025 22.41%
Jun 30, 2025 12.27%
Mar 31, 2025 8.24%
Dec 31, 2024 16.97%
Sep 30, 2024 15.41%
Jun 30, 2024 8.33%
Mar 31, 2024 15.28%
Dec 31, 2023 18.10%
Sep 30, 2023 -1.18%
Jun 30, 2023 4.94%
Mar 31, 2023 8.66%
Dec 31, 2022 10.85%
Sep 30, 2022 5.70%
Jun 30, 2022 10.55%
Mar 31, 2022 10.10%
Dec 31, 2021 26.05%
Sep 30, 2021 16.89%
Jun 30, 2021 22.42%