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Piper Sandler PIPR Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
$40.39M-47.6%
Evercore logo
EvercoreEVR
$319.75M+21.4%
Lazard logo
LazardLAZ
-$9.77M-122%
Moelis & Company logo
Moelis & CompanyMC
$135.14M+66.0%
PJT Partners logo
PJT PartnersPJT
$656.99M-2.7%
Raymond James Financial logo
Raymond James FinancialRJF
$84M+4,100%

Other financials

Income statement

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Revenue$495.5M+24.9%
Net income$67.8M+60.8%
EPS (diluted)$0.95+61.0%

Balance sheet

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Cash & equivalents$304.2M+147%
Total debt$175.0M+50.6%
Total equity$1.4B+11.6%
Total assets$2.3B+18.8%

Cash flow

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Operating cash flow-$291.7M-40.8%
CapEx$7.8M-45.2%
Free cash flow-$293.9M-34.6%

Valuation

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Market cap$5.29B-8.1%
Enterprise value$5.16B-10.3%
P/E17.2×-10.1×
P/S2.5×-1.1×

Profitability

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Net margin14.5%+1.3pp
FCF margin18%

Returns & leverage

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Return on equity23.6%+5.7pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Piper Sandler in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Piper Sandler’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001230245-26-000032
Line itemJune 30, 2026December 31, 2025
Additional paid-in capital1,010,866957,145
Retained earnings733,988728,931
Less: Common stock held in treasury, at cost: 10,582,254 shares and 10,767,484 shares, respectively(374,580)(318,581)
Accumulated other comprehensive income1,6962,733
Total common shareholders' equity1,372,7491,371,007
Noncontrolling interests194,675211,786
Total shareholders' equity1,567,4241,582,793
Total liabilities and shareholders' equity$2,326,856$2,592,646

Item 1. Financial Statements.

FAQ

What is Piper Sandler's noncontrolling interests in subsidiaries?
Piper Sandler (PIPR) reported noncontrolling interests in subsidiaries of $194.68M in Q2 2026.
How has Piper Sandler's noncontrolling interests in subsidiaries changed year-over-year?
Piper Sandler's noncontrolling interests in subsidiaries increased by 14.8% year-over-year, from $169.52M to $194.68M.
What is the long-term trend for Piper Sandler's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Piper Sandler's noncontrolling interests in subsidiaries has grown at a 17.0% compound annual growth rate (CAGR), from $96.66M to $211.79M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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