PIPR Pre-Tax Margin - PIPER SANDLER COMPANIES

Complete source-backed pre-tax margin history.

Available history: 2008-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Pre-Tax Margin

Date	Pre-Tax Margin
2026-06-30	21.23%
2026-03-31	19.16%
2025-12-31	31.63%
2025-09-30	22.38%
2025-06-30	12.37%
2025-03-31	7.78%
2024-12-31	17.84%
2024-09-30	15.41%
2024-06-30	8.29%
2024-03-31	15.22%
2023-12-31	20.56%
2023-09-30	-1.18%
2023-06-30	4.94%
2023-03-31	8.59%
2022-12-31	10.85%
2022-09-30	5.65%
2022-06-30	10.48%
2022-03-31	10.10%
2021-12-31	25.95%
2021-09-30	16.89%
2021-06-30	22.31%
2021-03-31	19.21%
2020-12-31	17.24%
2020-09-30	8.02%
2020-06-30	2.50%
2020-03-31	-14.16%
2019-12-31	19.05%
2019-09-30	10.37%
2019-06-30	11.93%
2019-03-31	12.49%
2018-12-31	14.59%
2018-09-30	13.25%
2018-06-30	2.92%
2018-03-31	4.61%
2017-12-31	62.74%
2017-09-30	-33.58%
2017-06-30	9.74%
2017-03-31	11.10%
2016-12-31	-26.04%
2016-09-30	8.94%
2016-06-30	3.69%
2016-03-31	2.16%
2015-12-31	11.07%
2015-09-30	4.39%
2015-06-30	15.20%
2015-03-31	18.58%
2014-12-31	13.65%
2014-09-30	15.48%
2014-06-30	17.28%
2014-03-31	18.81%
2013-12-31	21.69%
2013-09-30	8.97%
2013-06-30	3.13%
2013-03-31	15.76%
2012-12-31	16.29%
2012-09-30	18.29%
2012-06-30	5.15%
2012-03-31	12.70%
2011-12-31	-140.08%
2011-09-30	4.90%
2011-06-30	12.19%
2011-03-31	8.68%
2010-12-31	14.67%
2010-09-30	10.66%
2010-06-30	8.55%
2010-03-31	7.73%
2009-12-31	13.70%
2009-09-30	12.32%
2009-06-30	13.72%

Annual Pre-Tax Margin

Date	Pre-Tax Margin
2025-12-31	20.42%
2024-12-31	14.50%
2023-12-31	9.42%
2022-12-31	9.36%
2021-12-31	21.62%
2020-12-31	5.47%
2019-12-31	14.06%
2018-12-31	9.57%
2017-12-31	9.40%
2016-12-31	-4.01%
2015-12-31	12.41%
2014-12-31	16.39%
2013-12-31	13.74%
2012-12-31	13.58%
2011-12-31	-17.71%
2010-12-31	10.46%
2009-12-31	11.63%
2008-12-31	-64.45%