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| Date | Value |
|---|---|
| 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% |