Piper Sandler Companies (PIPR) Return on Invested Capital [ROIC] (2010 - 2026)
Piper Sandler Companies (PIPR) reported Return on Invested Capital [ROIC] of 23.06% for Q2 2026, up 11.56 percentage points from 11.50% a year earlier and up 2.53 percentage points from the prior quarter.
Piper Sandler Companies (PIPR) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Piper Sandler Companies posted Return on Invested Capital [ROIC] of 19.52%, up 8.04 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +13.70 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 11.48% in FY2024 (+3.44 pp) and 8.04% in FY2023.
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2010.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last six quarters, with an average year-over-year change of +5.96 percentage points over the last six quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at 20.53% (Q1 2026), 19.11% (Q4 2025) and 14.07% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 11.27% |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 8.46% |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | - |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 9.98% |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 41.23% |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 18.08% |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 10.06% |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | - |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 6.21% |
| 10 | Piper Sandler Companies | 4.35 Bn | 2.78 Bn | - | 23.06% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.06% |
| Mar 31, 2026 | 20.53% |
| Dec 31, 2025 | 19.11% |
| Sep 30, 2025 | 14.07% |
| Jun 30, 2025 | 11.50% |
| Mar 31, 2025 | 10.26% |
| Dec 31, 2024 | 11.21% |
| Sep 30, 2024 | 12.45% |
| Jun 30, 2024 | 8.66% |
| Mar 31, 2024 | 8.67% |
| Dec 31, 2023 | 7.40% |
| Sep 30, 2023 | 5.31% |
| Jun 30, 2023 | 7.05% |
| Mar 31, 2023 | 8.02% |
| Dec 31, 2022 | 7.50% |
| Sep 30, 2022 | 14.41% |
| Jun 30, 2022 | 17.82% |
| Mar 31, 2022 | 21.98% |
| Dec 31, 2021 | 25.02% |
| Sep 30, 2021 | 20.06% |
Piper Sandler Companies Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=PIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();