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

Piper Sandler Companies' FCF Margin history runs 17 years deep, the most recent figure standing at 61.85% for Q1 2026.

• In Q1 2026, FCF Margin fell 73.0% year-over-year to 61.85%; the TTM figure through Mar 2026 stood at 23.6% (up 557.0% YoY), while the FY2025 annual figure was 29.06%, up 962.0% from the prior year.
• FCF Margin was 61.85% for Q1 2026 at Piper Sandler Companies, down from 109.07% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 109.07% in Q4 2025 to a low of 138.58% in Q1 2022.
• Historically, FCF Margin has averaged 1.79% across 5 years, with a median of 8.1% in 2023.
• The sharpest annual moves came in 2022 and 2025: FCF Margin sank 7533 bps in 2022, then surged 7696 bps in 2025.
• A 5-year view of FCF Margin shows it stood at 39.34% in 2022, then surged by 126 bps to 88.83% in 2023, then sank by 64 bps to 32.11% in 2024, then jumped by 240 bps to 109.07% in 2025, then sank by 157 bps to 61.85% in 2026.
• The last three FCF Margin figures came in at 61.85% (Q1 2026), 109.07% (Q4 2025), and 5.41% (Q3 2025), per Business Quant data.