Piper Sandler Companies
PIPRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,481
Cost of Revenue
6
Gross Profit
1,476
Gross Margin
99.6%
Operating Income
218
Operating Margin
14.7%
Net Income
181
Net Margin
12.2%
EPS (Basic)
$11.44
EPS (Diluted)
$10.24
EBITDA
245
EBITDA Margin
16.6%
2023
12/31/2023
Revenue
1,310
Cost of Revenue
10
Gross Profit
1,300
Gross Margin
99.2%
Operating Income
123
Operating Margin
9.4%
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
1,383
Cost of Revenue
9
Gross Profit
1,374
Gross Margin
99.3%
Operating Income
134
Operating Margin
9.7%
Net Income
111
Net Margin
8.0%
EPS (Basic)
$7.92
EPS (Diluted)
$6.52
EBITDA
165
EBITDA Margin
12.0%
2021
12/31/2021
Revenue
1,982
Cost of Revenue
11
Gross Profit
1,972
Gross Margin
99.5%
Operating Income
442
Operating Margin
22.3%
Net Income
279
Net Margin
14.0%
EPS (Basic)
$19.52
EPS (Diluted)
$16.43
EBITDA
484
EBITDA Margin
24.4%
2020
12/31/2020
Revenue
1,196
Cost of Revenue
14
Gross Profit
1,181
Gross Margin
98.8%
Operating Income
69
Operating Margin
5.7%
Net Income
41
Net Margin
3.4%
EPS (Basic)
$2.94
EPS (Diluted)
$2.72
EBITDA
124
EBITDA Margin
10.4%