Piper Sandler Companies (PIPR) Tax Rate (2010 - 2026)
Piper Sandler Companies (PIPR) posted Tax Rate of 30.21% for Q2 2026, up 35.38% on a QoQ basis from 22.31% in Q1 2026, and down 489.0% year-over-year from 7.77% in Q2 2025.
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Piper Sandler Companies (PIPR) Tax Rate (2010 - 2026) Analysis & Trends
Piper Sandler Companies has reported Tax Rate for 17 years, with the latest figure at 30.21% in Q2 2026.
- On a quarterly basis, Tax Rate fell 489.0% year-over-year to 30.21% in Q2 2026; TTM through Jun 2026 was 24.91%, a 40.0% decrease from a year earlier, with the FY2025 full-year figure at 21.51%, down 640.0% from the prior year.
- Tax Rate was 30.21% for Q2 2026 at Piper Sandler Companies, up from 22.31% 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.
- Average Tax Rate over 5 years is 1.85%, with a median of 24.52% recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 33965 bps in 2023, then surged 32381 bps in 2024.
- Over 5 years, Tax Rate stood at 10.91% in 2022, then surged by 127 bps to 24.78% in 2023, then soared by 46 bps to 36.07% in 2024, then sank by 33 bps to 24.26% in 2025, then gained by 24 bps to 30.21% in 2026.
- The last three Tax Rate figures came in at 30.21% (Q2 2026), 22.31% (Q1 2026), and 24.26% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 27.84% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 20.79% |
| 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 | 20.38% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 26.77% |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 30.21% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 158.38% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | -15.99% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | -4.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.21% |
| Mar 31, 2026 | 22.31% |
| Dec 31, 2025 | 24.26% |
| Sep 30, 2025 | 23.22% |
| Jun 30, 2025 | 35.09% |
| Mar 31, 2025 | -24.92% |
| Dec 31, 2024 | 36.07% |
| Sep 30, 2024 | 27.38% |
| Jun 30, 2024 | 47.00% |
| Mar 31, 2024 | 5.43% |
| Dec 31, 2023 | 24.78% |
| Sep 30, 2023 | -296.43% |
| Jun 30, 2023 | -1.74% |
| Mar 31, 2023 | -29.59% |
| Dec 31, 2022 | 10.91% |
| Sep 30, 2022 | 43.22% |
| Jun 30, 2022 | 25.26% |
| Mar 31, 2022 | 30.81% |
| Dec 31, 2021 | 25.64% |
| Sep 30, 2021 | 31.06% |