Piper Sandler Companies (PIPR) Net Margin (2010 - 2026)
Piper Sandler Companies (PIPR) posted Net Margin of 14.13% for Q2 2026, down 1.75% on a QoQ basis from 14.38% in Q1 2026, and up 616.0% year-over-year from 1.97% in Q2 2025.
Analysis
Piper Sandler Companies (PIPR) Net Margin (2010 - 2026) Analysis & Trends
Piper Sandler Companies has reported Net Margin for 17 years, with the latest figure at 14.13% in Q2 2026.
- On a quarterly basis, Net Margin rose 616.0% year-over-year to 14.13% in Q2 2026; TTM through Jun 2026 was 17.18%, a 711.0% increase from a year earlier, with the FY2025 full-year figure at 15.44%, up 516.0% from the prior year.
- Net Margin was 14.13% for Q2 2026 at Piper Sandler Companies, down from 14.38% in the prior quarter.
- The five-year high for Net Margin was 21.43% in Q4 2025, with the low at 4.68% in Q3 2023.
- Average Net Margin over 5 years is 9.94%, with a median of 10.54% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Net Margin tumbled 963 bps in 2022, then jumped 1587 bps in 2024.
- Over 5 years, Net Margin stood at 9.66% in 2022, then soared by 41 bps to 13.62% in 2023, then decreased by 21 bps to 10.82% in 2024, then soared by 98 bps to 21.43% in 2025, then tumbled by 34 bps to 14.13% in 2026.
- The last three Net Margin figures came in at 14.13% (Q2 2026), 14.38% (Q1 2026), and 21.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 10.67% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 7.26% |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 16.72% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 14.13% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | -1.06% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 4.08% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 4.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.13% |
| Mar 31, 2026 | 14.38% |
| Dec 31, 2025 | 21.43% |
| Sep 30, 2025 | 17.18% |
| Jun 30, 2025 | 7.97% |
| Mar 31, 2025 | 10.25% |
| Dec 31, 2024 | 10.82% |
| Sep 30, 2024 | 11.19% |
| Jun 30, 2024 | 4.39% |
| Mar 31, 2024 | 14.39% |
| Dec 31, 2023 | 13.62% |
| Sep 30, 2023 | -4.68% |
| Jun 30, 2023 | 5.02% |
| Mar 31, 2023 | 11.13% |
| Dec 31, 2022 | 9.66% |
| Sep 30, 2022 | 3.21% |
| Jun 30, 2022 | 7.83% |
| Mar 31, 2022 | 6.99% |
| Dec 31, 2021 | 19.30% |
| Sep 30, 2021 | 11.65% |