PIPER SANDLER COMPANIES
PIPRNYSEFinancials · Security Brokers, Dealers & Flotation Companies · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.83B | $1.51B | $1.30B | $1.44B | $2.04B | $1.25B |
| Operating income | — | — | — | — | — | — |
| Net income | $64.9M | $42.5M | $85.5M | $110.7M | $278.5M | $40.5M |
| Total assets | $2.59B | $2.26B | $2.14B | $2.18B | $2.57B | $2.00B |
| Total liabilities | $1.01B | $840.2M | $841.5M | $927.5M | $1.34B | $1.07B |
| Equity | $1.37B | $1.23B | $1.09B | $1.05B | $1.06B | $829.4M |
| EPS (diluted) | $3.65 | $2.43 | $4.96 | $6.52 | $16.43 | $2.72 |
| Shares out. | 17.7M | 17.7M | 17.9M | 18.2M | 18.3M | 17.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- 3.5%
- Return on equity
- 4.7%
- Return on assets
- 2.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 39.0%
- Debt / equity
- 0.74×
- Book value / share
- $77.33
- Revenue growth (YoY)
- 21.7%
- Net income growth (YoY)
- 52.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −20.1%clean
- Piotroski F-Score
- 5/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 4 good- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Taylor Scott CDirector | May 20, 2026 | Grant | 1,875 | $0.00 |
| Sterling Brian RDirector | May 20, 2026 | Grant | 1,875 | $0.00 |
| Soran PhilipDirector | May 20, 2026 | Grant | 1,875 | $0.00 |
| Schreier Thomas S JrDirector | May 20, 2026 | Grant | 1,875 | $0.00 |
| Mitchell RobbinDirector | May 20, 2026 | Grant | 1,875 | $0.00 |
| Holt Victoria MDirector | May 20, 2026 | Grant | 1,875 | $0.00 |
| Essig StuartDirector | May 20, 2026 | Grant | 1,875 | $0.00 |
| Gallo Ann CDirector | May 20, 2026 | Grant | 1,875 | $0.00 |
| Doyle Jonathan JOfficer — Hd of Financial Services Group | May 4, 2026 | Sell | 19,296 | $76.78 |
| Sterling Brian RDirector | Mar 31, 2026 | Grant | 323 | $0.00 |
| Soran PhilipDirector | Mar 31, 2026 | Grant | 323 | $0.00 |
| Gallo Ann CDirector | Mar 31, 2026 | Grant | 323 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.8M | 3.8 | +2.9% |
| Apr 30, 2026 | 2.7M | 4.7 | +8.9% |
| Apr 15, 2026 | 2.5M | 4.2 | -7.5% |
| Mar 31, 2026 | 2.7M | 6.1 | +320.1% |
| Mar 13, 2026 | 647,946 | 3.3 | +7.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 21, 2026
- Results of operationsMay 1, 2026
- Amended charter or bylaws · Other material eventMar 23, 2026
- Results of operations · Other material eventFeb 6, 2026
- Director / officer change · Regulation FD disclosureFeb 4, 2026
- Results of operationsOct 31, 2025
- Results of operationsAug 1, 2025
- Shareholder voteMay 22, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Corporate family
Spun off from U.S. Bancorp · Dec 31, 2003
From the spin-off filings we track. Follow a company to walk its own history.
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.