Piper Sandler Companies (PIPR) — Cash Flow Quality Index
Piper Sandler Companies (PIPR) has a Cash Flow Quality Index of 7.43x as of December 2025. Operating cash flow of $847.30 Million exceeds net income of $113.97 Million, indicating high earnings quality where cash backs reported profits. Explore Piper Sandler Companies long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Piper Sandler Companies Cash Flow Quality Index (2000–2025)
Historical Cash Flow Quality Index for Piper Sandler Companies across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Piper Sandler Companies to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Piper Sandler Companies (2000–2025)
Year-by-year earnings quality comparison for Piper Sandler Companies. For live market cap and the full company financial profile, see PIPR market cap overview.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.60x | $732.19 Million | $281.33 Million | ▲ +30.8% |
| 2024 | 1.99x | $313.25 Million | $157.44 Million | ▼ -28.6% |
| 2023 | 2.78x | $275.63 Million | $98.97 Million | ▲ +225.3% |
| 2022 | -2.22x | $-224.91 Million | $101.18 Million | ▼ -203.9% |
| 2021 | 2.14x | $707.09 Million | $330.37 Million | ▼ -86.5% |
| 2020 | 15.80x | $779.76 Million | $49.36 Million | ▲ +2653.8% |
| 2019 | 0.57x | $67.80 Million | $118.17 Million | ▼ -93.7% |
| 2018 | 9.13x | $509.85 Million | $55.83 Million | ▲ +40.7% |
| 2015 | 6.49x | $379.52 Million | $58.48 Million | ▲ +1063.3% |
| 2014 | -0.67x | $-50.07 Million | $74.33 Million | ▼ -173.0% |
| 2013 | 0.92x | $46.56 Million | $50.48 Million | ▲ +119.0% |
| 2012 | -4.84x | $-211.78 Million | $43.73 Million | ▼ -325.2% |
| 2010 | -1.14x | $-27.25 Million | $23.93 Million | ▲ +70.3% |
| 2009 | -3.84x | $-116.57 Million | $30.37 Million | ▼ -162.2% |
| 2007 | 6.17x | $135.38 Million | $21.94 Million | ▲ +1765.1% |
| 2006 | -0.37x | $-72.41 Million | $195.43 Million | ▼ -114.9% |
| 2005 | 2.49x | $99.68 Million | $40.08 Million | ▲ +6148.8% |
| 2004 | -0.04x | $-2.07 Million | $50.35 Million | ▼ -100.7% |
| 2003 | 6.12x | $159.03 Million | $26.00 Million | ▼ -99.8% |
| 2002 | 2805.01x | $297.33 Million | $106.00K | ▲ +24851.1% |
| 2000 | 11.24x | $232.80 Million | $20.71 Million | — |