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 | 333.21 Bn | 173.07 Bn | - | 23.07% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 22.60% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 23.68% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 19.18% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 8.10% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 26.43% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 23.50% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 7.84% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -16.38% |
| 10 | Piper Sandler Companies | 5.05 Bn | 4.75 Bn | - | 30.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.21% |
| Jun 30, 2026 | 30.21% |
| Jun 30, 2026 | 30.21% |
| 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% |