Marex Group vs Piper Sandler Companies
Marex Group and Piper Sandler Companies are similar in size: $2.02bn and $1.90bn of revenue in their latest fiscal years. Marex Group grew faster (26.9% against 24.3%). Piper Sandler Companies kept more of each dollar of sales as profit: a net margin of 14.8% against 14.5%. Piper Sandler Companies carries less debt relative to equity (1.1% against 17.1%).
| Latest fiscal year | Marex GroupMRX, 2025 | Piper Sandler CompaniesPIPR, 2025 |
|---|---|---|
| Revenue | $2.02bn | $1.90bn |
| Revenue growth | 26.9% | 24.3% |
| Net income | $294m | $281m |
| Operating margin | — | — |
| Net margin | 14.5% | 14.8% |
| Return on equity | 28.7% | 21.7% |
| Free cash flow | $654m | $587m |
| Cash | $2.88bn | $809m |
| Total debt | $200m | $15.0m |
| Debt to equity | 17.1% | 1.1% |
| Dividend per share | — | — |
| Dividend yield | 1.1% | 3.1% |
| Share buybacks | $44.1m | $125m |
| Employees | — | 1,858 |
| Market value | $5.19bn | $4.48bn |
| Price vs our value range | — | — |
| Moat score | — | 42 (Weak) |
| Insider trades, 12 months | 0 buys, 39 sales | 0 buys, 19 sales |