Piper Sandler Companies (PIPR) EV to EBITDA (2010 - 2026)
Piper Sandler Companies' (PIPR) EV to EBITDA stood at 9.31 in Q2 2026, down 51.8% from 19.33 a year earlier and down 15.3% from the prior quarter.
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Analysis
Piper Sandler Companies (PIPR) EV to EBITDA (2010 - 2026) Analysis & Trends
On a TTM basis, Piper Sandler Companies' EV to EBITDA came in at 6.84 as of Jun 30, 2026, down 55.5% year-over-year; for FY2025, it was 12.73, down 30.9% from FY2024.
- Across earlier years, EV to EBITDA came in at 18.41 in FY2024 (+22.8%), 14.99 in FY2023 (+59.8%), 9.38 in FY2022 (+169.4%) and 3.48 in FY2021 (-52.1%).
- The Q2 2026 figure is the lowest quarterly EV to EBITDA since Q3 2022.
- On a year-over-year basis, EV to EBITDA has declined for three consecutive quarters, with an average decline of 11.5% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 332.4% in Q3 2023, against a decline of 55.1% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.99 (Q1 2026), 12.77 (Q4 2025) and 19.95 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 106.61 Bn | 94.70 Bn | - |
| 2 | Robinhood Markets | 91.70 Bn | 72.73 Bn | - |
| 3 | Intercontinental Exchange | 88.95 Bn | 82.69 Bn | - |
| 4 | Nasdaq | 54.22 Bn | 51.65 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 38.25 Bn | 15.37 Bn | - |
| 6 | Cboe Global Markets | 33.42 Bn | 25.08 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.64 Bn | 20.96 Bn | - |
| 8 | Tradeweb Markets | 25.45 Bn | 17.47 Bn | - |
| 9 | Circle Internet | 22.26 Bn | 16.14 Bn | 288.85 Mn |
| 10 | Piper Sandler Companies | 4.35 Bn | 2.78 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.31 |
| Mar 31, 2026 | 10.99 |
| Dec 31, 2025 | 12.77 |
| Sep 30, 2025 | 19.95 |
| Jun 30, 2025 | 19.33 |
| Mar 31, 2025 | 18.59 |
| Dec 31, 2024 | 18.49 |
| Sep 30, 2024 | 17.39 |
| Jun 30, 2024 | 18.24 |
| Mar 31, 2024 | 17.73 |
| Dec 31, 2023 | 15.56 |
| Sep 30, 2023 | 19.90 |
| Jun 30, 2023 | 15.28 |
| Mar 31, 2023 | 13.97 |
| Dec 31, 2022 | 9.76 |
| Sep 30, 2022 | 4.60 |
| Jun 30, 2022 | 4.27 |
| Mar 31, 2022 | 4.05 |
| Dec 31, 2021 | 3.54 |
| Sep 30, 2021 | 3.90 |
API Access
Piper Sandler Companies EV to EBITDA 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=ev-to-ebitda&ticker=PIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();