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Piper Sandler PIPR Amount that if recognized, would affect the effective tax rate or regulatory liability

Amount that if recognized, would affect the effective tax rate or regulatory liability at other companies

PNC Financial Services logo
PNC Financial ServicesPNC
$243M-22.6%
Jefferies Financial Group logo
Jefferies Financial GroupJEF
Morgan Stanley logo
Morgan StanleyMS
Evercore logo
EvercoreEVR
Raymond James Financial logo
Raymond James FinancialRJF
Citigroup logo
CitigroupC

Other financials

Income statement

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Revenue$474.4M+32.8%
Net income$65.2M+0.5%
EPS (diluted)$0.92+1.1%

Balance sheet

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Cash & equivalents$344.4M+173%
Total debt$112.2M-3.0%
Total equity$1.3B+10.6%
Total assets$2.1B+17.0%

Cash flow

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Operating cash flow-$291.7M-40.8%
CapEx$2.2M-80.7%
Free cash flow-$293.9M-34.6%

Valuation

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Market cap$5.53B+24.3%
Enterprise value$5.3B+19.3%
P/E19.6×-2.2×
P/S2.7×-0.1×

Profitability

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Net margin14%+0.8pp
FCF margin18%

Returns & leverage

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Return on equity22%+4.5pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Piper Sandler in its filing.

Tagged under the XBRL concept us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate.

The official record: Piper Sandler’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Piper Sandler's amount that if recognized, would affect the effective tax rate or regulatory liability?
Piper Sandler (PIPR) reported amount that if recognized, would affect the effective tax rate or regulatory liability of $2.2M in Q4 2025.
How has Piper Sandler's amount that if recognized, would affect the effective tax rate or regulatory liability changed year-over-year?
Piper Sandler's amount that if recognized, would affect the effective tax rate or regulatory liability increased by 15.8% year-over-year, from $1.9M to $2.2M.
What is the long-term trend for Piper Sandler's amount that if recognized, would affect the effective tax rate or regulatory liability?
Over 5 years (2020 to 2025), Piper Sandler's amount that if recognized, would affect the effective tax rate or regulatory liability has grown at a 85.6% compound annual growth rate (CAGR), from $100K to $2.2M.