Piper Sandler Companies (PIPR) FCF Margin (2010 - 2026)
Piper Sandler Companies' FCF Margin came in at 5.74% for Q2 2026, up 1.24 percentage points from 4.50% a year earlier and up 67.58 percentage points from the prior quarter.
Piper Sandler Companies (PIPR) FCF Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Piper Sandler Companies reported FCF Margin of 22.99%, up 20.95 percentage points year-over-year; for FY2025, it came in at 28.99%, up 9.55 percentage points from FY2024.
- FCF Margin carries a five-year change of -31.86 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 19.44% in FY2024 (-0.11 pp), 19.55% in FY2023 (+37.36 pp), -17.80% in FY2022 (-51.43 pp) and 33.62% in FY2021 (-27.22 pp).
- The five-year range for quarterly FCF Margin is -138.58% (Q1 2022) to 108.92% (Q4 2025).
- Year-over-year, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -7.29 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2025 (a gain of 76.89 percentage points), and the weakest in Q1 2022 (a drop of 75.33 percentage points).
- Business Quant data shows PIPR's FCF Margin at -61.85% (Q1 2026), 108.92% (Q4 2025) and 5.40% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 54.13% |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 51.34% |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 54.13% |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 25.04% |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 326.90% |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | -37.17% |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 3.90% |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 69.02% |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 73.63% |
| 10 | Piper Sandler Companies | 4.27 Bn | 2.70 Bn | - | 5.74% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.74% |
| Mar 31, 2026 | -61.85% |
| Dec 31, 2025 | 108.92% |
| Sep 30, 2025 | 5.40% |
| Jun 30, 2025 | 4.50% |
| Mar 31, 2025 | -60.90% |
| Dec 31, 2024 | 32.03% |
| Sep 30, 2024 | 21.51% |
| Jun 30, 2024 | 77.19% |
| Mar 31, 2024 | -57.62% |
| Dec 31, 2023 | 88.83% |
| Sep 30, 2023 | 8.10% |
| Jun 30, 2023 | 8.39% |
| Mar 31, 2023 | -67.80% |
| Dec 31, 2022 | 39.34% |
| Sep 30, 2022 | 16.27% |
| Jun 30, 2022 | 6.87% |
| Mar 31, 2022 | -138.58% |
| Dec 31, 2021 | 74.20% |
| Sep 30, 2021 | 46.24% |
Piper Sandler Companies FCF Margin 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=fcf-margin&ticker=PIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();