STOCK TITAN

Oppenheimer Holdings, Inc. (OPY) Financials

OPY
Trailing 12 months to June 30, 2026
Revenue $1.8B +20.6% YoY
Net Income $102.8M +17.5% YoY
EPS (Diluted) $8.86 +14.9% YoY
Free Cash Flow -$9.0M -131.9% YoY
Market Cap $1.3B as of Oct 3, 2026
Price / Sales 0.7x on $1.8B revenue, trailing 12 months to June 30, 2026
Price / Earnings 12.5x on $102.8M net income, trailing 12 months to June 30, 2026
Price / Book 1.3x on $983.4M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OPY SEC filings page.

Oppenheimer Holdings, Inc. (OPY) reported $1.8B in revenue over the twelve months to Jun 30, 2026, up 20.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI OPY FY2025

The 2025 recovery converted earnings into cash again, while a liability-heavy structure means reported profit is only part of the operating picture.

In FY2024, earnings quality weakened: net income was $71.6M while operating cash flow was -$108.2M, indicating that reported profit did not translate into cash that year. By FY2025, operating cash flow reached $188.8M against net income of $148.4M, showing that cash conversion can swing sharply with the business cycle and balance-sheet movements.

The rebound also improved operating efficiency: operating margin expanded from 7.4% in FY2024 to 12.9% in FY2025, so a larger share of revenue reached operating profit. That improvement occurred even as selling, general, and administrative expense reached $1.0B, pointing to stronger profit absorption rather than simple cost cutting.

The balance sheet remains central to interpreting results. FY2025’s debt-to-equity ratio was 2.8x alongside total liabilities of $2.7B, meaning the firm operates with obligations materially larger than its equity base; the financing structure therefore matters alongside income performance.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Earnings Growth Capital Efficiency CreditQuality Stability 47 / 100
Financial Health Score 47/100
Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Oppenheimer Holdings, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings
95

Oppenheimer Holdings, Inc. earned a return on assets of 4.0% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from 2.1% the prior year. Earnings ranks banks on that return over three years, and Oppenheimer Holdings, Inc. scores 95/100 among other banks.

Growth
72

Oppenheimer Holdings, Inc. reported revenue of $1.6B in fiscal year 2025, against $1.4B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Oppenheimer Holdings, Inc. scores 72/100 among other banks.

Capital
87

Oppenheimer Holdings, Inc. funded 26.4% of its assets with shareholders' equity at the end of fiscal year 2025, holding $983.8M of equity against $3.7B of assets. Capital ranks banks on that cushion, and Oppenheimer Holdings, Inc. scores 87/100 among other banks.

Efficiency
0

Not available for Oppenheimer Holdings, Inc., and counted as zero in the overall score.

Credit Quality
0

Not available for Oppenheimer Holdings, Inc., and counted as zero in the overall score.

Stability
28

Oppenheimer Holdings, Inc. reported net income of $148.4M in fiscal year 2025, against $71.6M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Oppenheimer Holdings, Inc. scores 28/100 among other banks.

Piotroski F-Score Partial
5/5

Oppenheimer Holdings, Inc. passes 5 of 5 computable financial strength tests (4 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.27x

For every $1 of reported earnings, Oppenheimer Holdings, Inc. generates $1.27 in operating cash flow ($188.8M OCF vs $148.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
2.44x

Oppenheimer Holdings, Inc. earns $2.44 in operating income for every $1 of interest expense ($211.2M vs $86.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$454.9M
YoY+21.9%
QoQ+2.2%
5Y CAGR+6.0%
10Y CAGR+7.9%

Oppenheimer Holdings, Inc. generated $454.9M in revenue in Q2 2026. This represents an increase of 21.9% from the same quarter a year earlier. Against the prior quarter it is up 2.2%.

Net Income
$27.4M
YoY+26.2%
QoQ+232.9%
5Y CAGR-2.6%
10Y CAGR+18.1%

Oppenheimer Holdings, Inc. reported $27.4M in net income in Q2 2026. This represents an increase of 26.2% from the same quarter a year earlier. Against the prior quarter it is up 232.9%.

EPS (Diluted)
$2.38
YoY+24.6%
QoQ+223.3%
5Y CAGR+0.9%

Oppenheimer Holdings, Inc. earned $2.38 per diluted share (EPS) in Q2 2026. This represents an increase of 24.6% from the same quarter a year earlier. Against the prior quarter it is up 223.3%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow
-$57.1M
YoY-246.5%
QoQ+70.0%

Oppenheimer Holdings, Inc. recorded an outflow of $57.1M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 246.5% from the same quarter a year earlier. Against the prior quarter it is up 70.0%.

Cash & Debt
$38.5M
YoY+2.2%
QoQ+11.1%
5Y CAGR-0.7%
10Y CAGR-9.8%

Oppenheimer Holdings, Inc. held $38.5M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share
$0.20
YoY+11.1%
QoQ+11.1%
5Y CAGR+10.8%
10Y CAGR+6.2%

Oppenheimer Holdings, Inc. paid $0.20 per share in dividends in Q2 2026. This represents an increase of 11.1% from the same quarter a year earlier. Against the prior quarter it is up 11.1%.

Shares Outstanding
Diluted avg 11M

Oppenheimer Holdings, Inc. had a weighted average of 11M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Margins & Returns

Operating Margin
8.7%
YoY0.0pp
QoQ+14.7pp
5Y change-4.0pp

Oppenheimer Holdings, Inc.'s operating margin was 8.7% in Q2 2026, reflecting core business profitability. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 14.7 percentage points.

Net Margin
6.0%
YoY+0.2pp
QoQ+10.6pp
5Y change-3.1pp
10Y change+3.6pp

Oppenheimer Holdings, Inc.'s net profit margin was 6.0% in Q2 2026, showing the share of revenue converted to profit. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.6 percentage points.

Return on Equity
2.8%
YoY+0.4pp
QoQ+4.9pp
5Y change-1.4pp
10Y change+1.8pp

Oppenheimer Holdings, Inc.'s ROE was 2.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.9 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks
$0
YoY-100.0%

Oppenheimer Holdings, Inc. repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier.

Capital Expenditures
$2.0M
YoY+80.1%
5Y CAGR-18.8%
10Y CAGR+9.6%

Oppenheimer Holdings, Inc. invested $2.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 80.1% from the same quarter a year earlier.

R&D Spending

Not reported for Q2 2026.

OPY Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OPY quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$454.9M+21.9%$445.1M+21.0%$472.6M+25.9%$424.4M+13.7%$373.2M+12.9%$367.8M+4.2%$375.4M+21.8%$373.4M+19.4%
SG&A Expenses$307.1M+28.5%$296.0M+30.3%$260.1M+1.4%$290.2M+22.0%$239.1M+8.3%$227.1M+2.4%$256.4M+32.7%$237.9M+21.6%
Operating Income$39.4M+22.5%-$27.0M-165.3%$106.0M+520.9%$31.6M-10.6%$32.2M+103.0%$41.4M+10.5%$17.1M-4.3%$35.4M+63.8%
Interest Expense$19.9M-11.7%$18.7M-12.7%$20.1M-5.7%$22.5M-6.7%$22.5M+2.5%$21.4M+4.1%$21.4M+17.1%$24.1M+22.1%
Income Tax$12.1M+14.8%-$6.4M-160.0%$32.1M+405.7%$9.9M-8.6%$10.5M+88.2%$10.7M-8.5%$6.3M+1.6%$10.9M+39.1%
Net Income$27.4M+26.2%-$20.6M-167.1%$74.4M+593.1%$21.7M-11.4%$21.7M+111.1%$30.7M+17.7%$10.7M-3.4%$24.5M+76.8%
EPS (Basic)$2.55+23.8%-$1.93-165.9%$7.08+580.8%$2.06-13.4%$2.06+108.1%$2.93+17.2%$1.04-1.9%$2.38+80.3%
EPS (Diluted)$2.38+24.6%-$1.93-171.0%$6.51+607.6%$1.90-12.0%$1.91+107.6%$2.72+14.8%$0.92-5.2%$2.16+78.5%
Diluted Shares (Avg)11M+1.2%11M-5.6%N/A11M+1.5%11M+2.1%11M+2.5%N/A11M-1.4%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, EBITDA.

OPY Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OPY quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$4.2B+14.7%$3.8B+6.8%$3.7B+10.0%$3.8B+13.4%$3.7B+13.0%$3.6B+9.8%$3.4B+17.7%$3.4B+13.2%
Cash & Equivalents$38.5M+2.2%$34.6M-5.7%$38.4M+15.9%$38.3M+18.8%$37.6M+13.3%$36.7M+32.7%$33.1M+15.0%$32.2M+4.8%
Short-Term Investments$0$0$0$0$0$0$0$0
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$143.6M0.0%$143.6M0.0%$143.6M0.0%$143.6M+1.0%$143.6M+1.0%$143.6M+1.0%$143.6M+1.0%$142.2M+3.1%
Total Liabilities$3.2B+15.9%$2.8B+5.5%$2.7B+7.6%$2.9B+14.6%$2.8B+13.9%$2.7B+10.2%$2.5B+21.4%$2.5B+16.6%
Long-Term DebtN/AN/AN/AN/AN/AN/A$0-100.0%$112.8M+0.2%
Total Equity$983.4M+9.7%$952.4M+9.2%$983.8M+15.7%$920.3M+9.8%$896.9M+10.4%$872.3M+8.8%$850.4M+7.8%$837.8M+7.5%
Retained Earnings$950.1M+9.5%$924.9M+9.0%$947.4M+15.5%$887.7M+9.4%$867.9M+10.0%$848.7M+8.7%$820.0M+8.4%$811.1M+8.0%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.

OPY Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OPY quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$55.0M-237.3%-$190.0M-107.1%$177.0M+136.9%$63.4M+454.7%$40.1M+134.8%-$91.7M-16.1%$74.7M+14.2%$11.4M-82.8%
Stock-Based CompensationN/A$26.2M+3564.4%N/AN/AN/A$716K-58.8%N/AN/A
Capital Expenditures$2.0M+80.1%$0-100.0%$1.2M-63.8%$1.2M+448.2%$1.1M-20.0%$1.7M+551.6%$3.3M-28.9%$220K-92.0%
Free Cash Flow-$57.1M-246.5%-$190.0M-103.4%$175.8M+146.1%$62.2M+454.8%$38.9M+133.4%-$93.4M-17.8%$71.5M+17.5%$11.2M-82.4%
Investing Cash Flow-$981K-9.0%$549K+252.9%-$770K+82.1%$641K-65.7%-$900K+22.2%-$359K-39.1%-$4.3M+18.2%$1.9M+265.5%
Financing Cash Flow$59.9M+256.5%$185.6M+94.1%-$176.1M-153.4%-$63.4M-344.1%-$38.2M-131.4%$95.6M+22.4%-$69.5M+21.1%-$14.3M+77.6%
Dividends Paid$2.1M+13.2%$12.4M+555.1%$1.9M+1.8%$1.9M+1.8%$1.9M+22.2%$1.9M+20.2%$1.9M+20.2%$1.9M+17.8%
Share Buybacks$0-100.0%$0-100.0%$2.3M$0-100.0%$581K-37.2%$90K-98.9%$0-100.0%$294K-98.8%

Not reported in any period shown, so not listed: Depreciation & Amortization.

OPY Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OPY quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Margin8.7%0.0pp-6.1%-17.3pp22.4%+17.9pp7.4%-2.0pp8.6%+3.8pp11.3%+0.6pp4.5%-1.2pp9.5%+2.6pp
Net Margin6.0%+0.2pp-4.6%-13.0pp15.7%+12.9pp5.1%-1.4pp5.8%+2.7pp8.3%+0.9pp2.9%-0.7pp6.6%+2.1pp
Return on Equity2.8%+0.4pp-2.2%-5.7pp7.6%+6.3pp2.4%-0.6pp2.4%+1.2pp3.5%+0.3pp1.3%-0.1pp2.9%+1.1pp
Return on Assets0.7%+0.1pp-0.5%-1.4pp2.0%+1.7pp0.6%-0.2pp0.6%+0.3pp0.9%+0.1pp0.3%-0.1pp0.7%+0.3pp
Debt-to-Equity3.29+0.2x2.99-0.1x2.77+2.8x3.15+3.0x3.11+3.0x3.10+3.0x0.00-0.1x0.130.0x
Asset Turnover0.110.0x0.120.0x0.130.0x0.110.0x0.100.0x0.100.0x0.110.0x0.110.0x
FCF Margin-12.5%-23.0pp-42.7%-17.3pp37.2%+18.2pp14.7%+11.7pp10.4%+45.7pp-25.4%-2.9pp19.0%-0.7pp3.0%-17.4pp

Not reported in any period shown, so not listed: Gross Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Oppenheimer Holdings, Inc. OPY FY2025 $1.6B $148.4M 9.1% $1.3B 47/100
HIVE Digital Technologies Ltd. HIVE FY2026 $297.8M -$148.4M -49.9% $816.0M 35/100
BitFuFu Inc. FUFU FY2025 $477.5M -$31.3M -6.5% $233.4M 39/100
Bit Digital, Inc. BTBT FY2025 $113.6M -$80.3M -70.7% $587.8M 35/100
A-Mark Precious Metals, Inc. AMRK FY2025 $11.0B $17.3M 0.2% $720.8M 45/100
Solowin Holdings SWIN FY2025 $30K -$8.5M N/A $614.0M —

Frequently Asked Questions

What is Oppenheimer Holdings, Inc.'s annual revenue?

Oppenheimer Holdings, Inc. (OPY) reported $1.6B in total revenue for fiscal year 2025. This represents a 14.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Oppenheimer Holdings, Inc.'s revenue growing?

Oppenheimer Holdings, Inc. (OPY) revenue grew by 14.4% year-over-year, from $1.4B to $1.6B in fiscal year 2025.

Is Oppenheimer Holdings, Inc. profitable?

Yes, Oppenheimer Holdings, Inc. (OPY) reported a net income of $148.4M in fiscal year 2025, with a net profit margin of 9.1%.

Oppenheimer Holdings, Inc. (OPY) reported diluted earnings per share of $13.04 for fiscal year 2025. This represents a 104.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Oppenheimer Holdings, Inc. (OPY) had EBITDA of $222.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Oppenheimer Holdings, Inc. (OPY) had an operating margin of 12.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Oppenheimer Holdings, Inc. (OPY) had a net profit margin of 9.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Oppenheimer Holdings, Inc. (OPY) paid $1.72 per share in dividends during fiscal year 2025.

Oppenheimer Holdings, Inc. (OPY) has a return on equity of 15.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Oppenheimer Holdings, Inc. (OPY) generated $183.6M in free cash flow during fiscal year 2025. This represents a 262.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Oppenheimer Holdings, Inc. (OPY) generated $188.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Oppenheimer Holdings, Inc. (OPY) had $3.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Oppenheimer Holdings, Inc. (OPY) invested $5.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Oppenheimer Holdings, Inc. (OPY) spent $3.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Oppenheimer Holdings, Inc. (OPY) had a debt-to-equity ratio of 2.77 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Oppenheimer Holdings, Inc. (OPY) had a return on assets of 4.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Oppenheimer Holdings, Inc. (OPY) trades at 12.5x earnings, its market capitalization divided by net income of $102.8M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.3B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Oppenheimer Holdings, Inc. (OPY) trades at 0.7x sales, its market capitalization divided by revenue of $1.8B revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.3B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Oppenheimer Holdings, Inc. (OPY) has a Piotroski F-Score of 5 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Oppenheimer Holdings, Inc. (OPY) has an earnings quality ratio of 1.27x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Oppenheimer Holdings, Inc. (OPY) has an interest coverage ratio of 2.44x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Oppenheimer Holdings, Inc. (OPY) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

Back to top