Piper Sandler Companies (PIPR) Tax Rate (2010 - 2026)
Piper Sandler Companies (PIPR) recorded quarterly Tax Rate of 22.31% in Q1 2026, down 8.04% quarter-over-quarter from 24.26% in Q4 2025, and up 4723.0% on a YoY basis from 0.46% in Q1 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 was 22.31% for Q1 2026 at Piper Sandler Companies, down from 24.26% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 47.0% in Q2 2024 to a low of 296.43% in Q3 2023.
- Historically, Tax Rate has averaged 0.18% across 5 years, with a median of 24.26% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 33965 bps in 2023, then jumped 32381 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 10.91% in 2022, then jumped by 127 bps to 24.78% in 2023, then surged by 46 bps to 36.07% in 2024, then slumped by 33 bps to 24.26% in 2025, then declined by 8 bps to 22.31% in 2026.
- The last three Tax Rate figures came in at 22.31% (Q1 2026), 24.26% (Q4 2025), and 23.22% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 19.58% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 13.20% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 22.24% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 15.82% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 9.08% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 26.45% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 23.03% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 2.47% |
| 10 | Piper Sandler Companies | 5.22 Bn | 5.09 Bn | - | 22.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.31% |
| Mar 31, 2026 | 22.31% |
| Dec 31, 2025 | 24.26% |
| Dec 31, 2025 | 24.26% |
| Sep 30, 2025 | 23.22% |
| Sep 30, 2025 | 23.22% |
| Jun 30, 2025 | 35.09% |
| Jun 30, 2025 | 35.09% |
| Mar 31, 2025 | -24.92% |
| Mar 31, 2025 | -24.92% |
| Dec 31, 2024 | 36.07% |
| Dec 31, 2024 | 36.07% |
| Sep 30, 2024 | 27.38% |
| Sep 30, 2024 | 27.38% |
| Jun 30, 2024 | 47.00% |
| Jun 30, 2024 | 47.00% |
| Mar 31, 2024 | 5.43% |
| Mar 31, 2024 | 5.43% |
| Dec 31, 2023 | 24.78% |
| Dec 31, 2023 | 24.78% |