Piper Sandler Companies (PIPR) Equity Ratio (2009 - 2026)

Piper Sandler Companies (PIPR) recorded quarterly Equity Ratio of 0.73 in Q1 2026, up 19.8% quarter-over-quarter from 0.61 in Q4 2025, and down 3.39% on a YoY basis from 0.76 in Q1 2025.

Piper Sandler Companies (PIPR) Equity Ratio (2009 - 2026) Analysis & Trends

Piper Sandler Companies' Equity Ratio history runs 18 years deep, the most recent figure standing at 0.73 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 3.39% year-over-year to 0.73; the TTM figure through Mar 2026 stood at 0.73 (down 3.39% YoY), while the FY2025 annual figure was 0.61, down 2.55% from the prior year.
  • Equity Ratio was 0.73 for Q1 2026 at Piper Sandler Companies, up from 0.61 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.76 in Q1 2025 to a low of 0.57 in Q4 2022.
  • Historically, Equity Ratio has averaged 0.65 across 5 years, with a median of 0.63 in 2024.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio increased 20.2% in 2022, then dropped 13.78% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.57 in 2022, then increased by 5.59% to 0.61 in 2023, then gained by 3.21% to 0.63 in 2024, then fell by 2.55% to 0.61 in 2025, then gained by 19.8% to 0.73 in 2026.
  • The last three Equity Ratio figures came in at 0.73 (Q1 2026), 0.61 (Q4 2025), and 0.58 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 0.07
3 Goldman Sachs 317.73 Bn -619.82 Bn - 0.06
4 Schwab Charles 153.74 Bn 108.77 Bn - 0.10
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 0.21
6 Interactive Brokers 38.91 Bn 49.50 Bn - 0.03
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 0.30
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 0.88
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 0.04
10 Piper Sandler Companies 5.22 Bn 5.09 Bn - 0.73

Historic Data

Download Data
DateValue
Mar 31, 2026 0.73
Dec 31, 2025 0.61
Sep 30, 2025 0.58
Jun 30, 2025 0.71
Mar 31, 2025 0.76
Dec 31, 2024 0.63
Sep 30, 2024 0.67
Jun 30, 2024 0.70
Mar 31, 2024 0.73
Dec 31, 2023 0.61
Sep 30, 2023 0.62
Jun 30, 2023 0.65
Mar 31, 2023 0.69
Dec 31, 2022 0.57
Sep 30, 2022 0.58
Jun 30, 2022 0.60
Mar 31, 2022 0.61
Dec 31, 2021 0.48
Sep 30, 2021 0.51
Jun 30, 2021 0.51