← PIPER SANDLER COMPANIES

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $41.4m $33.8m — $250.0m $507.9m $971.0m — — — —
Property, Plant and Equipment, Net $25.3m $25.2m $32.6m $29.9m $43.8m $51.8m $68.2m $60.8m $59.4m $77.3m
Goodwill $196.2m $81.9m $81.9m $87.6m $227.5m $227.5m $301.2m $301.8m $312.0m $319.3m
Intangible Assets, Net (Excluding Goodwill) $37.2m $22.8m $12.4m $16.7m $149.9m $119.8m $135.6m $116.2m $107.5m $99.6m
Operating Lease, Right-of-Use Asset — — — $40.0m $82.5m $71.3m $87.7m $69.4m $66.6m $64.0m
Additional Financial Items
Assets $2.1b $2.0b $1.3b $1.6b $2.0b $2.6b $2.2b $2.1b $2.3b $2.6b
LIABILITIES AND EQUITY
Long-term Debt — — — — $195.0m $125.0m $125.0m $0 — —
Liabilities $1.3b $1.3b $614.9m $822.2m $1.1b $1.3b $927.5m $841.5m $840.2m $1.0b
Stockholders’ equity:
Common Stock, Value, Issued $195k $195k $195k $195k $195k $195k $195k $195k $195k $195k
Retained Earnings (Accumulated Deficit) $257.2m $176.3m $182.6m $258.7m $271.0m $450.2m $453.3m $454.4m $561.7m $728.9m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($2.6m) ($1.3m) ($1.4m) ($872k) ($197k) ($964k) ($2.5m) ($894k) ($1.2m) $2.7m
Additional Paid in Capital, Common Stock $788.9m $792.0m $796.4m $757.7m $847.8m $925.4m $1.0b $988.1m $981.7m $957.7m
Stockholders' Equity Attributable to Parent $759.2m $693.3m $677.4m $731.3m $829.4m $1.1b $1.1b $1.1b $1.2b $1.4b
Stockholders' Equity Attributable to Noncontrolling Interest $57.0m $47.9m $53.0m $75.2m $96.7m $164.6m $200.0m $214.0m $187.9m $211.8m
Liabilities and Equity $2.1b $2.0b $1.3b $1.6b $2.0b $2.6b $2.2b $2.1b $2.3b $2.6b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.