Piper Sandler Companies Debt-to-Equity Ratio Growth & History (PIPR)
Piper Sandler Companies's debt-to-equity ratio was 0.08 for fiscal 2025.
View full Piper Sandler Companies company overviewPiper Sandler Companies annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.08 | 0.00 | +5.45% |
| 2024 | 2024-12-31 | 0.08 | −0.03 | −29.39% |
| 2023 | 2023-12-31 | 0.11 | −0.11 | −48.82% |
| 2022 | 2022-12-31 | 0.22 | 0.02 | +10.23% |
| 2021 | 2021-12-31 | 0.20 | −0.15 | −43.09% |
| 2020 | 2020-12-31 | 0.36 | −0.03 | −7.98% |
| 2019 | 2019-12-31 | 0.39 | 0.31 | +423.24% |
| 2018 | 2018-12-31 | 0.07 | −0.34 | −82.37% |
| 2017 | 2017-12-31 | 0.42 | −0.13 | −24.19% |
| 2016 | 2016-12-31 | 0.55 | −0.02 | −3.11% |
| 2015 | 2015-12-31 | 0.57 | 0.11 | +23.58% |
| 2014 | 2014-12-31 | 0.46 | −0.24 | −34.24% |
| 2013 | 2013-12-31 | 0.70 | 0.05 | +7.70% |
| 2012 | 2012-12-31 | 0.65 | 0.26 | +64.72% |
| 2011 | 2011-12-31 | 0.39 | 0.00 | +0.82% |
| 2010 | 2010-12-31 | 0.39 | 0.28 | +238.59% |
| 2009 | 2009-12-31 | 0.12 | — | — |
Piper Sandler Companies quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.13 | 0.03 | +34.92% |
| Q1 2026 | 2026-03-31 | 0.08 | −0.01 | −12.26% |
| Q4 2025 | 2025-12-31 | 0.08 | 0.00 | +5.45% |
| Q3 2025 | 2025-09-30 | 0.09 | −0.01 | −9.41% |
| Q2 2025 | 2025-06-30 | 0.09 | 0.01 | +18.12% |
| Q1 2025 | 2025-03-31 | 0.10 | 0.01 | +14.67% |
| Q4 2024 | 2024-12-31 | 0.08 | −0.03 | −29.39% |
| Q3 2024 | 2024-09-30 | 0.10 | −0.11 | −53.66% |
| Q2 2024 | 2024-06-30 | 0.08 | −0.14 | −63.44% |
| Q1 2024 | 2024-03-31 | 0.08 | −0.14 | −62.76% |
| Q4 2023 | 2023-12-31 | 0.11 | −0.11 | −48.82% |
| Q3 2023 | 2023-09-30 | 0.21 | −0.02 | −9.57% |
| Q2 2023 | 2023-06-30 | 0.22 | −0.02 | −9.93% |
| Q1 2023 | 2023-03-31 | 0.22 | −0.01 | −2.66% |
| Q4 2022 | 2022-12-31 | 0.22 | 0.02 | +10.23% |
| Q3 2022 | 2022-09-30 | 0.24 | −0.04 | −13.25% |
| Q2 2022 | 2022-06-30 | 0.24 | −0.03 | −12.51% |
| Q1 2022 | 2022-03-31 | 0.23 | −0.07 | −24.09% |
| Q4 2021 | 2021-12-31 | 0.20 | −0.15 | −43.09% |
| Q3 2021 | 2021-09-30 | 0.27 | −0.21 | −43.90% |
| Q2 2021 | 2021-06-30 | 0.28 | −0.26 | −48.60% |
| Q1 2021 | 2021-03-31 | 0.30 | 0.04 | +15.23% |
| Q4 2020 | 2020-12-31 | 0.36 | −0.03 | −7.98% |
| Q3 2020 | 2020-09-30 | 0.48 | 0.33 | +208.94% |
| Q2 2020 | 2020-06-30 | 0.54 | 0.38 | +235.21% |
| Q1 2020 | 2020-03-31 | 0.26 | 0.10 | +63.25% |
| Q4 2019 | 2019-12-31 | 0.39 | 0.31 | +423.24% |
| Q3 2019 | 2019-09-30 | 0.16 | 0.09 | +119.52% |
| Q2 2019 | 2019-06-30 | 0.16 | 0.09 | +113.67% |
| Q1 2019 | 2019-03-31 | 0.16 | −0.11 | −40.68% |
| Q4 2018 | 2018-12-31 | 0.07 | −0.34 | −82.37% |
| Q3 2018 | 2018-09-30 | 0.07 | −0.03 | −31.41% |
| Q2 2018 | 2018-06-30 | 0.08 | −0.34 | −81.98% |
| Q1 2018 | 2018-03-31 | 0.27 | −0.11 | −29.10% |
| Q4 2017 | 2017-12-31 | 0.42 | −0.13 | −24.19% |
| Q3 2017 | 2017-09-30 | 0.10 | −0.44 | −80.83% |
| Q2 2017 | 2017-06-30 | 0.42 | −0.23 | −35.37% |
| Q1 2017 | 2017-03-31 | 0.38 | −0.19 | −33.02% |
| Q4 2016 | 2016-12-31 | 0.55 | −0.02 | −3.11% |
| Q3 2016 | 2016-09-30 | 0.54 | 0.02 | +3.84% |
| Q2 2016 | 2016-06-30 | 0.65 | 0.01 | +2.18% |
| Q1 2016 | 2016-03-31 | 0.57 | −0.05 | −8.46% |
| Q4 2015 | 2015-12-31 | 0.57 | 0.11 | +23.58% |
| Q3 2015 | 2015-09-30 | 0.52 | 0.10 | +24.14% |
| Q2 2015 | 2015-06-30 | 0.63 | 0.17 | +37.77% |
| Q1 2015 | 2015-03-31 | 0.62 | 0.05 | +9.68% |
| Q4 2014 | 2014-12-31 | 0.46 | −0.24 | −34.24% |
| Q3 2014 | 2014-09-30 | 0.42 | −0.52 | −55.10% |
| Q2 2014 | 2014-06-30 | 0.46 | −0.28 | −38.15% |
| Q1 2014 | 2014-03-31 | 0.57 | 0.02 | +4.46% |
| Q4 2013 | 2013-12-31 | 0.70 | 0.05 | +7.70% |
| Q3 2013 | 2013-09-30 | 0.94 | 0.21 | +28.21% |
| Q2 2013 | 2013-06-30 | 0.74 | 0.01 | +1.13% |
| Q1 2013 | 2013-03-31 | 0.54 | −0.08 | −12.60% |
| Q4 2012 | 2012-12-31 | 0.65 | 0.26 | +64.72% |
| Q3 2012 | 2012-09-30 | 0.73 | 0.36 | +95.87% |
| Q2 2012 | 2012-06-30 | 0.74 | 0.33 | +79.70% |
| Q1 2012 | 2012-03-31 | 0.62 | 0.32 | +109.29% |
| Q4 2011 | 2011-12-31 | 0.39 | 0.00 | +0.82% |
| Q3 2011 | 2011-09-30 | 0.37 | 0.24 | +180.74% |
| Q2 2011 | 2011-06-30 | 0.41 | 0.34 | +485.88% |
| Q1 2011 | 2011-03-31 | 0.30 | — | — |
| Q4 2010 | 2010-12-31 | 0.39 | 0.28 | +238.59% |
| Q3 2010 | 2010-09-30 | 0.13 | — | — |
| Q2 2010 | 2010-06-30 | 0.07 | — | — |
| Q4 2009 | 2009-12-31 | 0.12 | — | — |
Piper Sandler Companies debt-to-equity ratio trends
Over the last five fiscal years, Piper Sandler Companies's debt-to-equity ratio decreased from 0.36 to 0.08, a change of −0.27. The latest reported quarter, Q2 2026, shows 0.13.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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