Piper Sandler Companies
PIPRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,526
Cost of Revenue
1,004
Gross Profit
527
Gross Margin
34.6%
Operating Income
485
Operating Margin
31.8%
Net Income
181
Net Margin
11.9%
EPS (Basic)
$11.44
EPS (Diluted)
$10.24
EBITDA
254
EBITDA Margin
16.6%
2023
12/31/2023
Revenue
1,310
Cost of Revenue
137
Gross Profit
1,227
Gross Margin
93.7%
Operating Income
140
Operating Margin
10.7%
Net Income
85
Net Margin
6.5%
EPS (Basic)
$5.72
EPS (Diluted)
$4.96
EBITDA
160
EBITDA Margin
12.2%
2022
12/31/2022
Revenue
1,426
Cost of Revenue
9
Gross Profit
1,426
Gross Margin
100.0%
Operating Income
155
Operating Margin
10.9%
Net Income
111
Net Margin
7.8%
EPS (Basic)
$7.92
EPS (Diluted)
$6.52
EBITDA
186
EBITDA Margin
13.1%
2021
12/31/2021
Revenue
2,041
Cost of Revenue
148
Gross Profit
1,893
Gross Margin
92.7%
Operating Income
457
Operating Margin
22.4%
Net Income
279
Net Margin
13.6%
EPS (Basic)
$19.52
EPS (Diluted)
$16.43
EBITDA
500
EBITDA Margin
24.5%
2020
12/31/2020
Revenue
1,253
Cost of Revenue
151
Gross Profit
1,105
Gross Margin
88.2%
Operating Income
94
Operating Margin
7.5%
Net Income
41
Net Margin
3.2%
EPS (Basic)
$2.94
EPS (Diluted)
$2.72
EBITDA
149
EBITDA Margin
11.9%