vs

Side-by-side financial comparison of Addus HomeCare Corp (ADUS) and PIPER SANDLER COMPANIES (PIPR). Click either name above to swap in a different company.

PIPER SANDLER COMPANIES is the larger business by last-quarter revenue ($667.0M vs $373.1M, roughly 1.8× Addus HomeCare Corp). PIPER SANDLER COMPANIES runs the higher net margin — 17.1% vs 8.0%, a 9.1% gap on every dollar of revenue. On growth, PIPER SANDLER COMPANIES posted the faster year-over-year revenue change (37.4% vs 25.6%). Over the past eight quarters, PIPER SANDLER COMPANIES's revenue compounded faster (39.2% CAGR vs 15.3%).

Addus HomeCare Corp is a U.S.-based provider of comprehensive in-home care services, including personal care assistance, home health support, and hospice care. It primarily serves elderly, disabled, and chronically ill clients across multiple U.S. states, partnering with government payers, private insurers, and individual clients to deliver tailored care solutions.

Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management, and securities research. Through its principal subsidiary, Piper Sandler & Co., the company targets corporations, institutional investors, and public entities.

ADUS vs PIPR — Head-to-Head

Bigger by revenue
PIPR
PIPR
1.8× larger
PIPR
$667.0M
$373.1M
ADUS
Growing faster (revenue YoY)
PIPR
PIPR
+11.9% gap
PIPR
37.4%
25.6%
ADUS
Higher net margin
PIPR
PIPR
9.1% more per $
PIPR
17.1%
8.0%
ADUS
Faster 2-yr revenue CAGR
PIPR
PIPR
Annualised
PIPR
39.2%
15.3%
ADUS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADUS
ADUS
PIPR
PIPR
Revenue
$373.1M
$667.0M
Net Profit
$29.8M
$114.0M
Gross Margin
33.1%
Operating Margin
11.3%
28.3%
Net Margin
8.0%
17.1%
Revenue YoY
25.6%
37.4%
Net Profit YoY
52.5%
65.0%
EPS (diluted)
$1.62
$6.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADUS
ADUS
PIPR
PIPR
Q4 25
$373.1M
$667.0M
Q3 25
$362.3M
$480.1M
Q2 25
$349.4M
$398.6M
Q1 25
$337.7M
$358.6M
Q4 24
$297.1M
$485.4M
Q3 24
$289.8M
$360.9M
Q2 24
$286.9M
$340.8M
Q1 24
$280.7M
$344.4M
Net Profit
ADUS
ADUS
PIPR
PIPR
Q4 25
$29.8M
$114.0M
Q3 25
$22.8M
$60.3M
Q2 25
$22.1M
$42.2M
Q1 25
$21.2M
$64.9M
Q4 24
$19.5M
$69.1M
Q3 24
$20.2M
$34.8M
Q2 24
$18.1M
$34.8M
Q1 24
$15.8M
$42.5M
Gross Margin
ADUS
ADUS
PIPR
PIPR
Q4 25
33.1%
Q3 25
32.2%
Q2 25
32.6%
Q1 25
31.9%
Q4 24
34.2%
Q3 24
31.8%
Q2 24
32.5%
Q1 24
31.4%
Operating Margin
ADUS
ADUS
PIPR
PIPR
Q4 25
11.3%
28.3%
Q3 25
9.1%
22.4%
Q2 25
9.4%
12.3%
Q1 25
9.0%
8.2%
Q4 24
9.1%
16.9%
Q3 24
9.0%
15.4%
Q2 24
9.1%
8.3%
Q1 24
8.4%
15.2%
Net Margin
ADUS
ADUS
PIPR
PIPR
Q4 25
8.0%
17.1%
Q3 25
6.3%
12.6%
Q2 25
6.3%
10.6%
Q1 25
6.3%
18.1%
Q4 24
6.6%
14.2%
Q3 24
7.0%
9.6%
Q2 24
6.3%
10.2%
Q1 24
5.6%
12.3%
EPS (diluted)
ADUS
ADUS
PIPR
PIPR
Q4 25
$1.62
$6.41
Q3 25
$1.24
$3.38
Q2 25
$1.20
$2.38
Q1 25
$1.16
$3.65
Q4 24
$1.06
$3.88
Q3 24
$1.10
$1.96
Q2 24
$1.10
$1.97
Q1 24
$0.97
$2.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADUS
ADUS
PIPR
PIPR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$121.0M
Stockholders' EquityBook value
$1.1B
$1.4B
Total Assets
$1.4B
$2.6B
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADUS
ADUS
PIPR
PIPR
Q4 25
Q3 25
Q2 25
Q1 25
$97.0M
Q4 24
$98.9M
Q3 24
$222.9M
Q2 24
$173.3M
Q1 24
$76.7M
Total Debt
ADUS
ADUS
PIPR
PIPR
Q4 25
$121.0M
Q3 25
$150.6M
Q2 25
$169.1M
Q1 25
Q4 24
$218.4M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ADUS
ADUS
PIPR
PIPR
Q4 25
$1.1B
$1.4B
Q3 25
$1.0B
$1.3B
Q2 25
$1.0B
$1.2B
Q1 25
$995.4M
$1.2B
Q4 24
$970.5M
$1.2B
Q3 24
$947.6M
$1.2B
Q2 24
$921.7M
$1.1B
Q1 24
$725.1M
$1.1B
Total Assets
ADUS
ADUS
PIPR
PIPR
Q4 25
$1.4B
$2.6B
Q3 25
$1.4B
$2.2B
Q2 25
$1.4B
$2.0B
Q1 25
$1.4B
$1.8B
Q4 24
$1.4B
$2.3B
Q3 24
$1.2B
$2.0B
Q2 24
$1.1B
$1.9B
Q1 24
$1.0B
$1.8B
Debt / Equity
ADUS
ADUS
PIPR
PIPR
Q4 25
0.11×
Q3 25
0.14×
Q2 25
0.17×
Q1 25
Q4 24
0.23×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADUS
ADUS
PIPR
PIPR
Operating Cash FlowLast quarter
$18.8M
$729.8M
Free Cash FlowOCF − Capex
$16.1M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
0.63×
6.40×
TTM Free Cash FlowTrailing 4 quarters
$103.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADUS
ADUS
PIPR
PIPR
Q4 25
$18.8M
$729.8M
Q3 25
$51.3M
$31.9M
Q2 25
$22.5M
$32.1M
Q1 25
$18.9M
$-207.2M
Q4 24
$10.4M
$163.8M
Q3 24
$48.5M
$80.1M
Q2 24
$18.8M
$266.5M
Q1 24
$38.7M
$-197.2M
Free Cash Flow
ADUS
ADUS
PIPR
PIPR
Q4 25
$16.1M
Q3 25
$49.3M
Q2 25
$21.3M
Q1 25
$17.1M
Q4 24
$8.7M
Q3 24
$46.6M
Q2 24
$17.7M
Q1 24
$37.3M
FCF Margin
ADUS
ADUS
PIPR
PIPR
Q4 25
4.3%
Q3 25
13.6%
Q2 25
6.1%
Q1 25
5.1%
Q4 24
2.9%
Q3 24
16.1%
Q2 24
6.2%
Q1 24
13.3%
Capex Intensity
ADUS
ADUS
PIPR
PIPR
Q4 25
0.7%
Q3 25
0.5%
Q2 25
0.4%
Q1 25
0.6%
Q4 24
0.6%
Q3 24
0.7%
Q2 24
0.4%
Q1 24
0.5%
Cash Conversion
ADUS
ADUS
PIPR
PIPR
Q4 25
0.63×
6.40×
Q3 25
2.24×
0.53×
Q2 25
1.02×
0.76×
Q1 25
0.89×
-3.19×
Q4 24
0.53×
2.37×
Q3 24
2.41×
2.30×
Q2 24
1.04×
7.66×
Q1 24
2.44×
-4.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADUS
ADUS

Personal Care$286.0M77%
Hospice$70.0M19%
Home Health$17.1M5%

PIPR
PIPR

Advisory Services$402.6M60%
Equities Financing$66.7M10%
Equity Salesand Trading$64.2M10%
Fixed Income Salesand Trading$47.9M7%
Other$46.7M7%
Debt Financing$38.9M6%

Related Comparisons