$75.63
-2.1%Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It provides advisory services, such as mergers and acquisitions, equity private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. The company also offers public finance investment banking services that focus on state and local governments, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, and transportation sectors. In addition, it provides equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities. Further, the company is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors, as well as trading activities. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
PIPR โข NYSE
| Piper Sandler Companies Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
281.3M | 157.4M | 99M | 101.2M | 330.4M | 49.4M | 118.2M | 55.8M | -59.6M | -13.7M | 58.5M | 74.3M | 50.5M | 43.7M | -100.6M | 23.9M | 30.4M | -183M | 21.9M | 195.4M | |
27.4M | 27.1M | 37.4M | 31M | 42.7M | 55.4M | 19.1M | 18.8M | 22.7M | 27.6M | 12.7M | 14.5M | 13.7M | 14.7M | 15.6M | 14.8M | 9.7M | 11.6M | 11.4M | 14.2M | |
0.0 | 17.6M | 11.4M | -32.8M | -54M | -36.2M | 11.3M | -652K | -3.4M | -31M | -21M | -10.8M | -2.6M | 11.5M | 17.1M | 17.9M | 7.4M | -5.8M | 687K | 4.5M | |
0.0 | 103.4M | 93.8M | 131.2M | 171.4M | 121.7M | 32M | 44.3M | 39.8M | 56M | 48.8M | 28.8M | 21.6M | 20.6M | 22.8M | 31.3M | 41.2M | 0.0 | 292K | 300K | |
167.4M | 16.6M | 10.8M | 9.3M | 9.5M | 3.5M | -28.4M | 5.1M | 121.1M | 91.7M | 6.4M | 5.3M | 8.2M | 15.2M | 128.7M | 7.7M | 5.3M | 130.5M | 60M | -284.6M | |
(0.0) | (10.9M) | (19.4M) | (85.4M) | (165.9M) | (28.9M) | (9.6M) | (17.1M) | (31.9M) | (27.3M) | (32M) | (58.6M) | (745K) | (5M) | (15M) | (5.4M) | (15.2M) | (4.8M) | (0.0) | (0.0) | |
256.1M | -8.9M | 23.3M | -464.8M | 207M | 585.9M | -84.4M | 386.4M | 82.3M | -133.7M | 274.2M | -162.2M | -49.2M | -317.5M | 121.7M | -121.8M | -210.5M | 87.5M | 56.8M | 22.8M | |
732.2M | 313.3M | 275.6M | -224.9M | 707.1M | 779.8M | 67.8M | 509.9M | 232.1M | 48.8M | 379.5M | -50.1M | 46.6M | -211.8M | 203.2M | -27.3M | -116.6M | 62.1M | 135.4M | -72.4M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-34.7M | -15.5M | -10.1M | -30.6M | -20.6M | -17.6M | -6.5M | -15.9M | -8.1M | -11M | -5.9M | -7.4M | -5.5M | -2.1M | -7.6M | -11.8M | -3.7M | -2.4M | -9.7M | -8.3M | |
-9M | -16.3M | (0.0) | -96.5M | (0.0) | -417.4M | (33.2M) | (0.0) | (0.0) | -72.7M | -11.7M | (0.0) | -24.5M | (0.0) | -56K | -186.9M | (0.0) | -6.3M | -85.9M | (0.0) | |
-145.6M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
11.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.5M | 2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 715.7M | |
-178M | -31.8M | -10.1M | -127.1M | -20.6M | -435M | (26.7M) | -15.8M | -8M | -83.7M | -16.2M | -5.4M | -30M | -2.1M | -7.7M | -198.6M | -3.7M | -8.7M | -95.6M | (707.4M) | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-120.8M | -66.4M | -70.7M | -187.3M | -69.9M | -22M | -50.6M | -70.9M | -25.5M | -70.9M | -132.9M | -10.9M | -71.5M | -47.2M | -26.5M | -57.8M | -28.5M | -23.8M | -85.2M | -98.7M | |
5M | -37.3M | -95M | 0.0 | -70M | -50M | 175M | -365M | -178.9M | -27.4M | 43M | -38.7M | 37.7M | 318.3M | -39.9M | 78.9M | 144.1M | 9M | 153.9M | -558.5M | |
-114.1M | -73.7M | -84.4M | -107.5M | -99.4M | -28.2M | -35.6M | -47.2M | -18.9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-125M | -66.4M | -70.7M | -187.3M | -69.9M | -22M | -50.6M | -70.9M | -25.5M | -70.9M | -132.9M | -10.9M | -71.5M | -47.2M | -26.5M | -57.8M | -28.5M | -23.8M | -87.5M | (0.0) | |
0.0 | -3.1M | 538K | 44.8M | 16.1M | 12.6M | 15.8M | 6.3M | -9.8M | -13.3M | -174.5M | 95.8M | 39.6M | -36.9M | -96.2M | 213.1M | -58.7M | -138.6M | 2.1M | 0.0 | |
-229.9M | -180.6M | -249.6M | -250.1M | -223.1M | -87.6M | 104.7M | -476.8M | -233.1M | -111.6M | -189M | -52M | 1.4M | 234.3M | -160.2M | 232.7M | 113.9M | -153.5M | 70.8M | -657.2M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
2.3M | -1.1M | 1.5M | -3.3M | -363K | 702K | 508K | -651K | 1.5M | -2M | -369K | -343K | 303K | -17K | -130K | -162K | 402K | -480K | -211K | 1.2M | |
326.6M | 99.7M | 17.5M | -605.3M | 463M | 257.9M | 199.7M | 16.6M | -7.6M | -148.6M | 174M | -107.8M | 18.3M | 20.3M | 35.2M | 6.7M | -5.9M | -100.5M | 110.4M | -21M | |
482.8M | 383.1M | 365.6M | 971M | 507.9M | 250M | 50.4M | 33.8M | 41.4M | 189.9M | 15.9M | 123.7M | 105.4M | 85M | 50.6M | 43.9M | 49.8M | 150.3M | 39.9M | 60.9M | |
809.4M | 482.8M | 383.1M | 365.6M | 971M | 507.9M | 250M | 50.4M | 33.8M | 41.4M | 189.9M | 15.9M | 123.7M | 105.4M | 85.8M | 50.6M | 43.9M | 49.8M | 150.3M | 39.9M | |
697.5M | 297.8M | 265.6M | -255.5M | 686.5M | 762.2M | 61.3M | 494M | 224M | 37.8M | 373.6M | -57.5M | 41.1M | -213.9M | 195.6M | -39M | -120.2M | 59.7M | 125.7M | -80.7M |
PIPR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 21, 2026 | May 20, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | May 01, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 09, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 23, 2026 | March 23, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 06, 2026 | February 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 04, 2026 | February 04, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 31, 2025 | October 31, 2025 | 2025 |
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