Piper Sandler Companies (PIPR) — Cash Flow Quality Index
Piper Sandler Companies (PIPR) has a Cash Flow Quality Index of 0.81x as of June 2026. Operating cash flow of $59.26 Million is below net income of $73.17 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore PIPR cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Piper Sandler Companies operating cash flow efficiency.
Annual Cash Flow Quality Index for Piper Sandler Companies (2000–2025)
Year-by-year earnings quality comparison for Piper Sandler Companies.
| 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 | — |