Piper Sandler Companies (PIPR) Tax Rate (2010 - 2026)

Piper Sandler Companies (PIPR) posted quarterly Tax Rate of 22.31% for Q1 2026, up 4723.0% year-over-year from 0.46% in Q1 2025, and down 8.04% quarter-over-quarter from 24.26% in Q4 2025.

Piper Sandler Companies (PIPR) Tax Rate (2010 - 2026) Analysis & Trends

Piper Sandler Companies' Tax Rate history runs 17 years deep, the most recent figure standing at 22.31% for Q1 2026.

  • In Q1 2026, Tax Rate rose 4723.0% year-over-year to 22.31%; the TTM figure through Mar 2026 stood at 24.83% (down 116.0% YoY), while the FY2025 annual figure was 21.51%, down 640.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.31%, down from 24.26% in the prior quarter.
  • The five-year high for Tax Rate was 47.0% in Q2 2024, with the low at 296.43% in Q3 2023.
  • The 5-year median for Tax Rate is 24.26% (2025), against an average of 0.18%.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 33965 bps in 2023, then soared 32381 bps in 2024.
  • Piper Sandler Companies' Tax Rate stood at 10.91% in 2022, then soared by 127 bps to 24.78% in 2023, then jumped by 46 bps to 36.07% in 2024, then sank by 33 bps to 24.26% in 2025, then dropped by 8 bps to 22.31% in 2026.
  • Business Quant data shows PIPR's Tax Rate at 22.31% in Q1 2026, 24.26% in Q4 2025, and 23.22% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 23.07%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 22.60%
3 Schwab Charles 220.55 Bn 135.80 Bn - 22.24%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -16.38%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 19.18%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 2.46%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.43%
10 Piper Sandler Companies 5.17 Bn 5.04 Bn - 22.31%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.31%
Mar 31, 2026 22.31%
Mar 31, 2026 22.31%
Dec 31, 2025 24.26%
Dec 31, 2025 24.26%
Dec 31, 2025 24.26%
Sep 30, 2025 23.22%
Sep 30, 2025 23.22%
Sep 30, 2025 23.22%
Jun 30, 2025 35.09%
Jun 30, 2025 35.09%
Jun 30, 2025 35.09%
Mar 31, 2025 -24.92%
Mar 31, 2025 -24.92%
Mar 31, 2025 -24.92%
Dec 31, 2024 36.07%
Dec 31, 2024 36.07%
Dec 31, 2024 36.07%
Sep 30, 2024 27.38%
Sep 30, 2024 27.38%