PIPER SANDLER COMPANIES
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2009 | — | 11.6% | 6.2% |
| FY2010 | — | 10.5% | 4.7% |
| FY2011 | — | -17.7% | -22.5% |
| FY2012 | — | 13.6% | 8.1% |
| FY2013 | — | 13.7% | 8.2% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2009 | — | 11.6% | 6.2% |
| FY2010 | — | 10.5% | 4.7% |
| FY2011 | — | -17.7% | -22.5% |
| FY2012 | — | 13.6% | 8.1% |
| FY2013 | — | 13.7% | 8.2% |