PIPR (Piperndler Cos) Retained Earnings: $681 Mil (As of Mar. 2026)

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PIPR Piper Sandler Cos PIPR
73 GF Score
Price $76.14
GF Value $86.11
Valuation Modestly Undervalued
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What is Piperndler Cos Retained Earnings?

Piperndler Cos PIPR +0.26% 73 Retained Earnings is $681 Mil as of Mar. 2026. GuruFocus rates PIPR with a GF Score™ of 73/100 and a GF Value™ of $86.11 (Modestly Undervalued).

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Piperndler Cos's retained earnings for the quarter that ended in Mar. 2026 was $681 Mil.

Piperndler Cos's quarterly retained earnings increased from Sep. 2025 ($630 Mil) to Dec. 2025 ($729 Mil) but then declined from Dec. 2025 ($729 Mil) to Mar. 2026 ($681 Mil).

Piperndler Cos's annual retained earnings increased from Dec. 2023 ($454 Mil) to Dec. 2024 ($562 Mil) and increased from Dec. 2024 ($562 Mil) to Dec. 2025 ($729 Mil).


Piperndler Cos  (NYSE:PIPR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Piperndler Cos Retained Earnings Historical Data

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The historical data trend for Piperndler Cos's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Piperndler Cos Retained Earnings Chart

Piperndler Cos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 450.17 453.31 454.36 561.75 728.93

Piperndler Cos Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 581.50 629.83 728.93 680.54 0.00
PIPR
73GF Score
Piper Sandler Cos PIPR
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Piperndler Cos Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $681 Mil mean?
Piperndler Cos (PIPR) has a Retained Earnings of $681 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Piperndler Cos and its competitors.
Is Piperndler Cos' Retained Earnings too high?
Piperndler Cos' current Retained Earnings is $681 Mil. Overall, Piperndler Cos has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Piperndler Cos' Retained Earnings compare to VIRT and MC?
Piperndler Cos' Retained Earnings of $681 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Capital Markets company?
A good Retained Earnings depends on the Capital Markets industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Piperndler Cos and its competitors. Piperndler Cos's current Retained Earnings is $681 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piperndler Cos stock overvalued right now?
Based on GuruFocus' analysis, Piperndler Cos (PIPR) is currently considered Modestly Undervalued. The stock's GF Value™ is $86.11, compared to a current price of $76.14 — trading 11.6% below its estimated fair value. The current Retained Earnings is $681 Mil. Piperndler Cos' overall GF Score™ is 73/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Piperndler Cos (PIPR), the current Retained Earnings is $681 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Piperndler Cos (PIPR) Overvalued in 2026?

Based on GuruFocus' analysis, Piperndler Cos stock appears to be undervalued. The current stock price of $76.14 is trading 11.6% below its estimated GF Value™ of $86.11. GuruFocus considers Piperndler Cos to be Modestly Undervalued.

Key valuation signals for PIPR:

  • Retained Earnings: $681 Mil
  • GF Value™: $86.11 vs. price of $76.14 (11.6% below fair value)
  • GF Score™: 73/100

No single metric tells the full story. See the PIPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Piperndler Cos Business Description

Other Exchanges 62C:Germany
Address 350 North 5th Street, Suite 1000, Minneapolis, MN, USA, 55401-5711
Piper Sandler Cos is an investment bank and institutional securities firm, serving the needs of corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States (U.S.) and internationally. The company provides a broad set of products and services, including financial advisory services; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; fixed income services; and alternative asset management strategies. It generates maximum revenue from Advisory services.
73GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$76.14
Price
$86.11
GF Value