Comprehensive Stock Comparison
Compare Piper Sandler Companies (PIPR) vs Evercore Inc. (EVR) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
Selected Stocks
Add up to 10 tickers. Use presets or search to get started.
Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | EVR | 22.7% revenue growth vs PIPR's 13.1% |
| Value | PIPR | Lower P/E (15.3x vs 16.7x), PEG 2.61 vs 2.94 |
| Quality / Margins | EVR | 12.6% net margin vs PIPR's 12.2% |
| Stability / Safety | PIPR | Beta 1.53 vs EVR's 1.82, lower leverage |
| Dividends | PIPR | 1.4% yield, vs EVR's 1.1% |
| Momentum (1Y) | EVR | +29.4% vs PIPR's +4.0% |
| Efficiency (ROA) | EVR | 11.9% ROA vs PIPR's 10.7%, ROIC 14.6% vs 11.0% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Valuation efficiency (growth/$)
Defensive / Recession hedge
Business Model
What each company does and how it makes money
Piper Sandler Companies is an investment bank and institutional securities firm serving corporations, governments, and institutional investors. It generates revenue primarily from investment banking advisory fees — including M&A and capital raising — and institutional sales and trading commissions across equity and fixed income products. The firm's competitive advantage lies in its specialized sector expertise — particularly in municipal finance and middle-market advisory — and its long-standing client relationships in niche markets.
Evercore is an independent investment banking advisory firm providing strategic advice on mergers, acquisitions, and capital markets transactions. It generates revenue primarily from investment banking advisory fees — roughly 85% of total revenue — with the remainder coming from investment management services for high-net-worth clients and institutions. The firm's key advantage is its reputation as a premium independent advisor, free from conflicts inherent in large universal banks, which attracts top-tier clients seeking unbiased strategic counsel.
Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Financial Metrics Comparison
Side-by-side fundamentals across 2 stocks. BestLagging
Financial Scorecard
EVR leads in 2 of 6 categories (Financial Metrics, Total Returns). PIPR leads in 2 (Valuation Metrics, Profitability & Efficiency). 2 tied.
Financial Metrics (TTM)
EVR is the larger business by revenue, generating $3.0B annually — 2.0x PIPR's $1.5B. Profitability is closely matched — net margins range from 12.6% (EVR) to 12.2% (PIPR).
| Metric | PIPRPiper Sandler Com… | EVREvercore Inc. |
|---|---|---|
| RevenueTrailing 12 months | $1.5B | $3.0B |
| EBITDAEarnings before interest/tax | $294M | $697M |
| Net IncomeAfter-tax profit | $236M | $528M |
| Free Cash FlowCash after capex | -$19M | $1.1B |
| Gross MarginGross profit ÷ Revenue | +99.6% | +99.4% |
| Operating MarginEBIT ÷ Revenue | +14.7% | +17.8% |
| Net MarginNet income ÷ Revenue | +12.2% | +12.6% |
| FCF MarginFCF ÷ Revenue | +20.1% | +32.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +72.4% | +83.9% |
Valuation Metrics
At 28.9x trailing earnings, PIPR trades at a 15% valuation discount to EVR's 34.0x P/E. Adjusting for growth (PEG ratio), PIPR offers better value at 4.92x vs EVR's 5.99x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | PIPRPiper Sandler Com… | EVREvercore Inc. |
|---|---|---|
| Market CapShares × price | $4.9B | $26.9B |
| Enterprise ValueMkt cap + debt − cash | $4.6B | $26.9B |
| Trailing P/EPrice ÷ TTM EPS | 28.86x | 34.01x |
| Forward P/EPrice ÷ next-FY EPS est. | 15.32x | 16.67x |
| PEG RatioP/E ÷ EPS growth rate | 4.92x | 5.99x |
| EV / EBITDAEnterprise value multiple | 18.58x | 50.47x |
| Price / SalesMarket cap ÷ Revenue | 3.34x | 8.98x |
| Price / BookPrice ÷ Book value/share | 3.69x | 6.62x |
| Price / FCFMarket cap ÷ FCF | 16.61x | 28.09x |
Profitability & Efficiency
EVR delivers a 25.3% return on equity — every $100 of shareholder capital generates $25 in annual profit, vs $16 for PIPR. PIPR carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to EVR's 0.48x. On the Piotroski fundamental quality scale (0–9), PIPR scores 8/9 vs EVR's 7/9, reflecting strong financial health.
| Metric | PIPRPiper Sandler Com… | EVREvercore Inc. |
|---|---|---|
| ROE (TTM)Return on equity | +16.2% | +25.3% |
| ROA (TTM)Return on assets | +10.7% | +11.9% |
| ROICReturn on invested capital | +11.0% | +14.6% |
| ROCEReturn on capital employed | +10.3% | +13.9% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 7 |
| Debt / EquityFinancial leverage | 0.07x | 0.48x |
| Net DebtTotal debt minus cash | -$384M | -$16M |
| Cash & Equiv.Liquid assets | $483M | $940M |
| Total DebtShort + long-term debt | $99M | $923M |
| Interest CoverageEBIT ÷ Interest expense | 51.76x | 35.22x |
Total Returns (with DRIP)
A $10,000 investment in PIPR five years ago would be worth $28,749 today (with dividends reinvested), compared to $25,940 for EVR. Over the past 12 months, EVR leads with a +29.4% total return vs PIPR's +4.0%. The 3-year compound annual growth rate (CAGR) favors EVR at 34.4% vs PIPR's 26.9% — a key indicator of consistent wealth creation.
| Metric | PIPRPiper Sandler Com… | EVREvercore Inc. |
|---|---|---|
| YTD ReturnYear-to-date | -15.5% | -11.8% |
| 1-Year ReturnPast 12 months | +4.0% | +29.4% |
| 3-Year ReturnCumulative with dividends | +104.3% | +142.8% |
| 5-Year ReturnCumulative with dividends | +187.5% | +159.4% |
| 10-Year ReturnCumulative with dividends | +681.5% | +614.6% |
| CAGR (3Y)Annualised 3-year return | +26.9% | +34.4% |
Risk & Volatility
PIPR is the less volatile stock with a 1.53 beta — it tends to amplify market swings less than EVR's 1.82 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | PIPRPiper Sandler Com… | EVREvercore Inc. |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.53x | 1.82x |
| 52-Week HighHighest price in past year | $380.26 | $388.71 |
| 52-Week LowLowest price in past year | $202.91 | $148.63 |
| % of 52W HighCurrent price vs 52-week peak | +77.7% | +79.5% |
| RSI (14)Momentum oscillator 0–100 | 39.9 | 44.3 |
| Avg Volume (50D)Average daily shares traded | 119K | 355K |
Analyst Outlook
Wall Street rates PIPR as "Hold" and EVR as "Buy". Consensus price targets imply 32.5% upside for PIPR (target: $392) vs 29.1% for EVR (target: $399). For income investors, PIPR offers the higher dividend yield at 1.41% vs EVR's 1.06%.
| Metric | PIPRPiper Sandler Com… | EVREvercore Inc. |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $391.50 | $398.83 |
| # AnalystsCovering analysts | 11 | 21 |
| Dividend YieldAnnual dividend ÷ price | +1.4% | +1.1% |
| Dividend StreakConsecutive years of raises | 0 | 18 |
| Dividend / ShareAnnual DPS | $4.17 | $3.26 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.3% | +1.7% |
Historical Charts
Charts are rendered on first load. Hover for details.
Chart 1Total Return — 5 Years (Rebased to 100)
| Stock | Mar 20 | Feb 26 | Change |
|---|---|---|---|
| Piper Sandler Compa… (PIPR) | 100 | 462.64 | +362.6% |
| Evercore Inc. (EVR) | 100 | 521.2 | +421.2% |
Piper Sandler Compa… (PIPR) returned +187% over 5 years vs Evercore Inc. (EVR)'s +159%. A $10,000 investment in PIPR 5 years ago would be worth $28,749 today (including dividends reinvested).
Chart 2Revenue Growth — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| Piper Sandler Compa… (PIPR) | $689M | $1.5B | +115.1% |
| Evercore Inc. (EVR) | $1.2B | $3.0B | +141.6% |
Piper Sandler Companies's revenue grew from $689M (2015) to $1.5B (2024) — a 8.9% CAGR. Evercore Inc.'s revenue grew from $1.2B (2015) to $3.0B (2024) — a 10.3% CAGR.
Chart 3Net Margin Trend — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| Piper Sandler Compa… (PIPR) | 7.6% | 12.2% | +61.7% |
| Evercore Inc. (EVR) | 3.5% | 12.6% | +265.3% |
Piper Sandler Companies's net margin went from 8% (2015) to 12% (2024). Evercore Inc.'s net margin went from 3% (2015) to 13% (2024).
Chart 4P/E Ratio History — 8 Years
| Stock | 2017 | 2024 | Change |
|---|---|---|---|
| Piper Sandler Compa… (PIPR) | 17.7 | 29.3 | +65.5% |
| Evercore Inc. (EVR) | 32.1 | 30.5 | -5.0% |
Piper Sandler Companies has traded in a 10x–37x P/E range over 7 years; current trailing P/E is ~29x. Evercore Inc. has traded in a 8x–32x P/E range over 8 years; current trailing P/E is ~34x.
Chart 5EPS Growth — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| Piper Sandler Compa… (PIPR) | 3.34 | 10.24 | +206.6% |
| Evercore Inc. (EVR) | 0.98 | 9.08 | +826.5% |
Piper Sandler Companies's EPS grew from $3.34 (2015) to $10.24 (2024) — a 13% CAGR. Evercore Inc.'s EPS grew from $0.98 (2015) to $9.08 (2024) — a 28% CAGR.
Chart 6Free Cash Flow — 5 Years
Piper Sandler Companies generated $298M FCF in 2024 (-57% vs 2021). Evercore Inc. generated $958M FCF in 2024 (-29% vs 2021).
PIPR vs EVR: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is PIPR or EVR a better buy right now?
Piper Sandler Companies (PIPR) offers the better valuation at 28.9x trailing P/E (15.3x forward), making it the more compelling value choice. Analysts rate Evercore Inc. (EVR) a "Buy" — based on 21 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — PIPR or EVR?
On trailing P/E, Piper Sandler Companies (PIPR) is the cheapest at 28.9x versus Evercore Inc. at 34.0x. On forward P/E, Piper Sandler Companies is actually cheaper at 15.3x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Piper Sandler Companies wins at 2.61x versus Evercore Inc.'s 2.94x.
03Which is the better long-term investment — PIPR or EVR?
Over the past 5 years, Piper Sandler Companies (PIPR) delivered a total return of +187.5%, compared to +159.4% for Evercore Inc. (EVR). A $10,000 investment in PIPR five years ago would be worth approximately $29K today (assuming dividends reinvested). Over 10 years, the gap is even starker: PIPR returned +681.5% versus EVR's +614.6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — PIPR or EVR?
By beta (market sensitivity over 5 years), Piper Sandler Companies (PIPR) is the lower-risk stock at 1.53β versus Evercore Inc.'s 1.82β — meaning EVR is approximately 19% more volatile than PIPR relative to the S&P 500. On balance sheet safety, Piper Sandler Companies (PIPR) carries a lower debt/equity ratio of 7% versus 48% for Evercore Inc. — giving it more financial flexibility in a downturn.
05Which has better profit margins — PIPR or EVR?
Evercore Inc. (EVR) is the more profitable company, earning 12.6% net margin versus 12.2% for Piper Sandler Companies — meaning it keeps 12.6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EVR leads at 17.8% versus 14.7% for PIPR. At the gross margin level — before operating expenses — PIPR leads at 99.6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is PIPR or EVR more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential. By this metric, Piper Sandler Companies (PIPR) is the more undervalued stock at a PEG of 2.61x versus Evercore Inc.'s 2.94x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Piper Sandler Companies (PIPR) trades at 15.3x forward P/E versus 16.7x for Evercore Inc. — 1.4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PIPR: 32.5% to $391.50.
07Which pays a better dividend — PIPR or EVR?
All stocks in this comparison pay dividends. Piper Sandler Companies (PIPR) offers the highest yield at 1.4%, versus 1.1% for Evercore Inc. (EVR).
08Is PIPR or EVR better for a retirement portfolio?
For long-horizon retirement investors, Piper Sandler Companies (PIPR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (1.4% yield, +681.5% 10Y return). Evercore Inc. (EVR) carries a higher beta of 1.82 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (PIPR: +681.5%, EVR: +614.6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between PIPR and EVR?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that beat both.