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.

Buzz Benson

Piper Sandler Companies

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Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Founded in 1895, the firm is headquartered in Minneapolis with more than 60 offices across the U.S. and in London, Aberdeen and Hong Kong. We offer a full suite of products to serve our clients’ business life cycle needs, geographic reach in an increasingly global market, and deep expertise in our core sectors. Learn more at PiperSandler.com. DISCLAIMER Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Sandler Hong Kong Ltd., authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.

Metric
Company Name	Piper Sandler Companies	LionTree	Palladium Capital Group	Insurtech UK
Symbol	PIPR
MSH ID	COM:PIPERSANDLER	COM:LIONTREE	COM:PALLADIUMCAPITAL	ORG:INSURTECHUK
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Financial Services	Financial Services & Finance	Financial Services & Finance	Commercial & Professional Services
Industry	Financial - Capital Markets	Investment Banking	Investment Banking	Insurance
Country	US	US	US	GB
Stage
Employee Count	1.71K	51
Website	pipersandler.com	liontree.com	palladiumcapital.com	insurtechuk.org
LinkedIn	pipersandler			insurtechuk
Founders

Metric
Market Cap	4.18B
Enterprise Value
Monthly Web Traffic		5.78K	1.09K	969
Web Traffic Growth		-0.08		-0.74
Valuation
Raised Capital

Metric
Revenue	1.36B
Revenue (LTM)
Revenue (NTM)
Gross Profit	1.23B
EBITDA	177.85M
Operating Income	140.48M
Net Income	85.49M
EPS	5.72
Diluted EPS	4.96
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.77
Operating Profit Margin	0.13
EBITDA Margin	0.13
Net Profit Margin	0.09
Return on Equity	0.13
Return on Assets	0.07
Return on Capital Employed	0.12

COM:PIPERSANDLER

Piper Sandler

Last Close

339.69

22/11 21:00

Market Cap

4.18B

Beta: -

Volume Today

71.26K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	38.92
P/B Ratio	2.69
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	3.75
EV Multiple	38.38

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding	370.60
Operating Cycle	409.05
Cash Conversion Cycle	409.05
Asset Turnover	0.79

Metric
Operating Cash Flow	294.38M
Free Cash Flow	284.33M
Cash Flow to Debt	5.74
Operating Cash Flow/Sales	0.36
Free Cash Flow Yield	-0.00

Metric
Cash & Equivalents	383.10M
Accounts Receivable	88.46M
Inventory	341.78M
Goodwill	301.76M
Debt to Capitalization	0.19
Debt to Assets
Current Ratio
Quick Ratio	5.08

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.07
R&D to Revenue
SG&A to Revenue	0.71