Where do Piper Sandler's ratios come from?

Every ratio is computed from Piper Sandler's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Piper Sandler PIPR Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Net margin	14%+0.8pp	14.8%+2.9pp	13.8%+2.9pp	13.2%+4.0pp	13.2%+5.9pp
Returns
Return on equity	22%+4.5pp	21.7%+6.0pp	19.3%+4.4pp	17.9%+5.6pp	17.6%+8.0pp
Efficiency
Asset turnover	1×+0.2×	0.8×+0.1×	0.8×+0.1×	0.8×+0.1×	0.8×+0.1×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Per Share
Book value per share	$18.84+10.4%	$76.97+12.0%	$72.04+9.7%	$69.38+8.6%	$17.06-72.9%
Valuation
Market capitalization	$5.46B+24.3%	$5.65B+18.8%	$6.14B+36.2%	$4.48B+25.6%	$4.39B+42.7%
Price / earnings	19.4×-2.2×	20.1×-6.2×	26×-1.5×	21.2×-5.5×	21.6×-8.5×
Price / sales	2.7×-0.1×	3×-0.1×	3.6×+0.6×	2.8×+0.3×	2.9×+0.6×
Price / book	4.1×+0.4×	4.1×+0.2×	4.8×+0.9×	3.6×+0.5×	3.6×+0.8×
Dividend yield	2.6%+0.2pp	2%+0.5pp	1.8%+0.2pp	2.5%+0.5pp	2.5%+0.2pp

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Where do Piper Sandler's ratios come from?: Every ratio is computed from Piper Sandler's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.