State Ledger
Company profile

PIPER SANDLER COMPANIES CIK 1230245

Ticker
PIPR (NYSE)
Industry
Security Brokers, Dealers & Flotation Companies
Headquarters
Minneapolis, MN 55401
Fiscal year end
2025 (FY)
Market Data
Close
$64.52
Change
+$0.66
Change %
1.03%
Volume
139,616

PIPR · trading date Oct 14, 2026 · previous close $63.86 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$1.90B
Net income
$281.33M
Total assets
$2.59B
Total liabilities
$1.01B
Stockholders' equity
$1.37B
Cash & equivalents
$809.42M
Operating income
—
Operating cash flow
$586.63M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-02-26. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
14.8%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
39.0%
Equity / assets
52.9%
CapEx / revenue
—
Operating cash flow / net income
2.09×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $1.90B $281.33M $2.59B $1.01B $1.37B
2024 $1.53B $181.11M $2.26B $840.16M $1.23B
2023 $1.36B $85.49M $2.14B $841.51M $1.09B
2022 $1.44B $110.67M $2.18B $927.53M $1.05B
2021 $2.04B $278.51M $2.57B $1.34B $1.06B
Company Details
SIC code
6211
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-14
Financials filed via
Form 10-K
filed 2026-02-26

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Minneapolis, MN 55401
350 NORTH 5TH STREET, SUITE 1000
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:36 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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