vs

Side-by-side financial comparison of PIPER SANDLER COMPANIES (PIPR) and Rollins, Inc. (ROL). Click either name above to swap in a different company.

Rollins, Inc. is the larger business by last-quarter revenue ($906.4M vs $667.0M, roughly 1.4× PIPER SANDLER COMPANIES). PIPER SANDLER COMPANIES runs the higher net margin — 17.1% vs 11.9%, a 5.2% gap on every dollar of revenue. On growth, PIPER SANDLER COMPANIES posted the faster year-over-year revenue change (37.4% vs 10.2%). Over the past eight quarters, PIPER SANDLER COMPANIES's revenue compounded faster (39.2% CAGR vs 0.8%).

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.

Rollins, Inc. is a North American pest control company serving residential and commercial clients. Operating globally through its wholly owned subsidiaries, Orkin, Inc., PCO Services, HomeTeam Pest Defense, Western Pest Services, Industrial Fumigant Company, TruTech, Critter Control, Crane, Waltham, OPC Services, PermaTreat, Northwest Exterminating, McCall Service and Clark Pest Control, as well UK subsidiaries Integrated Pest Management Limited, Safeguard Pest Control, NBC Environment, Europ...

PIPR vs ROL — Head-to-Head

Bigger by revenue
ROL
ROL
1.4× larger
ROL
$906.4M
$667.0M
PIPR
Growing faster (revenue YoY)
PIPR
PIPR
+27.2% gap
PIPR
37.4%
10.2%
ROL
Higher net margin
PIPR
PIPR
5.2% more per $
PIPR
17.1%
11.9%
ROL
Faster 2-yr revenue CAGR
PIPR
PIPR
Annualised
PIPR
39.2%
0.8%
ROL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PIPR
PIPR
ROL
ROL
Revenue
$667.0M
$906.4M
Net Profit
$114.0M
$107.8M
Gross Margin
Operating Margin
28.3%
16.1%
Net Margin
17.1%
11.9%
Revenue YoY
37.4%
10.2%
Net Profit YoY
65.0%
2.5%
EPS (diluted)
$6.41
$0.22

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
PIPR
PIPR
ROL
ROL
Q1 26
$906.4M
Q4 25
$667.0M
$912.9M
Q3 25
$480.1M
$1.0B
Q2 25
$398.6M
$999.5M
Q1 25
$358.6M
$822.5M
Q4 24
$485.4M
$832.2M
Q3 24
$360.9M
$916.3M
Q2 24
$340.8M
$891.9M
Net Profit
PIPR
PIPR
ROL
ROL
Q1 26
$107.8M
Q4 25
$114.0M
$116.4M
Q3 25
$60.3M
$163.5M
Q2 25
$42.2M
$141.5M
Q1 25
$64.9M
$105.2M
Q4 24
$69.1M
$105.7M
Q3 24
$34.8M
$136.9M
Q2 24
$34.8M
$129.4M
Operating Margin
PIPR
PIPR
ROL
ROL
Q1 26
16.1%
Q4 25
28.3%
17.5%
Q3 25
22.4%
21.9%
Q2 25
12.3%
19.8%
Q1 25
8.2%
17.3%
Q4 24
16.9%
18.1%
Q3 24
15.4%
20.9%
Q2 24
8.3%
20.4%
Net Margin
PIPR
PIPR
ROL
ROL
Q1 26
11.9%
Q4 25
17.1%
12.8%
Q3 25
12.6%
15.9%
Q2 25
10.6%
14.2%
Q1 25
18.1%
12.8%
Q4 24
14.2%
12.7%
Q3 24
9.6%
14.9%
Q2 24
10.2%
14.5%
EPS (diluted)
PIPR
PIPR
ROL
ROL
Q1 26
$0.22
Q4 25
$6.41
$0.24
Q3 25
$3.38
$0.34
Q2 25
$2.38
$0.29
Q1 25
$3.65
$0.22
Q4 24
$3.88
$0.22
Q3 24
$1.96
$0.28
Q2 24
$1.97
$0.27

Balance Sheet & Financial Strength

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

Metric
PIPR
PIPR
ROL
ROL
Cash + ST InvestmentsLiquidity on hand
$116.5M
Total DebtLower is stronger
$650.6M
Stockholders' EquityBook value
$1.4B
$1.4B
Total Assets
$2.6B
$3.2B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PIPR
PIPR
ROL
ROL
Q1 26
$116.5M
Q4 25
$100.0M
Q3 25
$127.4M
Q2 25
$123.0M
Q1 25
$201.2M
Q4 24
$89.6M
Q3 24
$95.3M
Q2 24
$106.7M
Total Debt
PIPR
PIPR
ROL
ROL
Q1 26
$650.6M
Q4 25
$486.1M
Q3 25
$485.7M
Q2 25
$485.3M
Q1 25
$485.5M
Q4 24
$395.3M
Q3 24
Q2 24
Stockholders' Equity
PIPR
PIPR
ROL
ROL
Q1 26
$1.4B
Q4 25
$1.4B
$1.4B
Q3 25
$1.3B
$1.5B
Q2 25
$1.2B
$1.4B
Q1 25
$1.2B
$1.4B
Q4 24
$1.2B
$1.3B
Q3 24
$1.2B
$1.3B
Q2 24
$1.1B
$1.2B
Total Assets
PIPR
PIPR
ROL
ROL
Q1 26
$3.2B
Q4 25
$2.6B
$3.1B
Q3 25
$2.2B
$3.2B
Q2 25
$2.0B
$3.2B
Q1 25
$1.8B
$2.9B
Q4 24
$2.3B
$2.8B
Q3 24
$2.0B
$2.8B
Q2 24
$1.9B
$2.8B
Debt / Equity
PIPR
PIPR
ROL
ROL
Q1 26
0.47×
Q4 25
0.35×
Q3 25
0.32×
Q2 25
0.34×
Q1 25
0.36×
Q4 24
0.30×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
PIPR
PIPR
ROL
ROL
Operating Cash FlowLast quarter
$729.8M
$118.4M
Free Cash FlowOCF − Capex
$111.2M
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
6.40×
1.10×
TTM Free Cash FlowTrailing 4 quarters
$621.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PIPR
PIPR
ROL
ROL
Q1 26
$118.4M
Q4 25
$729.8M
$164.7M
Q3 25
$31.9M
$191.3M
Q2 25
$32.1M
$175.1M
Q1 25
$-207.2M
$146.9M
Q4 24
$163.8M
$188.2M
Q3 24
$80.1M
$146.9M
Q2 24
$266.5M
$145.1M
Free Cash Flow
PIPR
PIPR
ROL
ROL
Q1 26
$111.2M
Q4 25
$159.0M
Q3 25
$182.8M
Q2 25
$168.0M
Q1 25
$140.1M
Q4 24
$184.0M
Q3 24
$139.4M
Q2 24
$136.4M
FCF Margin
PIPR
PIPR
ROL
ROL
Q1 26
12.3%
Q4 25
17.4%
Q3 25
17.8%
Q2 25
16.8%
Q1 25
17.0%
Q4 24
22.1%
Q3 24
15.2%
Q2 24
15.3%
Capex Intensity
PIPR
PIPR
ROL
ROL
Q1 26
0.8%
Q4 25
0.6%
Q3 25
0.8%
Q2 25
0.7%
Q1 25
0.8%
Q4 24
0.5%
Q3 24
0.8%
Q2 24
1.0%
Cash Conversion
PIPR
PIPR
ROL
ROL
Q1 26
1.10×
Q4 25
6.40×
1.41×
Q3 25
0.53×
1.17×
Q2 25
0.76×
1.24×
Q1 25
-3.19×
1.40×
Q4 24
2.37×
1.78×
Q3 24
2.30×
1.07×
Q2 24
7.66×
1.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

ROL
ROL

Segment breakdown not available.

Related Comparisons