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

Piper Sandler Companies (PIPR) posted quarterly FCF Margin of 61.85% for Q1 2026, down 73.0% year-over-year from 229.07% in Q1 2025, and down 156.7% on a QoQ basis from 109.07% in Q4 2025.

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

Piper Sandler Companies (PIPR) has reported FCF Margin for 17 consecutive years, with 61.85% the latest figure, recorded in 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 came in at 61.85% for Q1 2026 at Piper Sandler Companies, down from 109.07% in the prior quarter.
  • The five-year high for FCF Margin was 109.07% in Q4 2025, with the low at 138.58% in Q1 2022.
  • Average FCF Margin over 5 years is 1.79%, with a median of 8.1% recorded in 2023.
  • Across the five-year window, FCF Margin slumped 7533 bps in 2022 and surged 7696 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 39.34% in 2022, then surged by 126 bps to 88.83% in 2023, then slumped by 64 bps to 32.11% in 2024, then jumped by 240 bps to 109.07% in 2025, then slumped by 157 bps to 61.85% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 61.85%, 109.07%, and 5.41% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -38.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - -188.27%
3 Schwab Charles 167.21 Bn 122.24 Bn - 111.11%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 190.16%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 2.52%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 16.77%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 28.16%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -791.16%
10 Piper Sandler Companies 4.90 Bn 4.77 Bn - -61.85%

Historic Data

Download Data
DateValue
Mar 31, 2026 -61.85%
Dec 31, 2025 109.07%
Sep 30, 2025 5.41%
Jun 30, 2025 4.50%
Mar 31, 2025 -61.12%
Dec 31, 2024 32.11%
Sep 30, 2024 21.51%
Jun 30, 2024 77.57%
Mar 31, 2024 -57.85%
Dec 31, 2023 88.83%
Sep 30, 2023 8.10%
Jun 30, 2023 8.39%
Mar 31, 2023 -68.40%
Dec 31, 2022 39.34%
Sep 30, 2022 16.40%
Jun 30, 2022 6.91%
Mar 31, 2022 -138.58%
Dec 31, 2021 74.49%
Sep 30, 2021 46.24%
Jun 30, 2021 52.93%