Piper Sandler Companies PIPR
NYSE PIPR
$72.30 +0.27 (+0.37%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%