Oppenheimer Holdings, Inc.

OPY Financial Capital Markets

Oppenheimer Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 14.4% from fiscal 2024. In the quarter to June 2026, revenue grew 21.9%, EPS grew 23.8% and free cash flow fell 246.5%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

100.53 1.61 −1.58%
Market cap
$1.1B
P/E
10.3×
Fwd P/E
−1.8×
Dividend yield
0.76%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Piotroski F-Score
3 5 7 8 6 9 5 4 6 8
P/E ratio
0.00 15.29 11.72 6.69 3.20 3.68 15.24 14.44 9.28 5.12
P/S ratio
0.29 0.38 0.35 0.34 0.33 0.42 0.46 0.36 0.46 0.46
P/FCF ratio
0.00 0.00 2.12 5.16 0.00 2.68 10.68 0.00 0.00 4.15
P/Operating CF
(5.81) 19.31 6.73 6.30 4.21 6.33 3.46 6.78 8.88 4.29
P/B ratio
0.49 0.67 0.62 0.60 0.58 0.71 0.64 0.56 0.78 0.76
Price to Tangible BV
0.73 0.99 0.90 0.84 0.77 0.89 0.82 0.72 0.99 0.93
EV/Sales
0.32 0.50 0.40 0.36 0.34 0.22 0.37 0.35 0.45 0.44
EV/EBITDA
1.96 2.57 1.79 1.47 1.32 0.77 1.65 1.31 1.79 1.52
EV/Operating CF
(4.06) (28.52) 2.25 4.75 (7.44) 1.32 6.33 (23.54) (5.95) 3.85
EV/FCF
(3.74) (21.16) 2.38 5.47 (6.82) 1.37 8.54 (12.21) (5.66) 3.96
Quick Ratio
0.76 0.66 0.71 0.73 0.86 1.04 1.04 0.83 0.71 0.72
Current Ratio
1.23 1.23 1.30 1.29 1.25 1.44 1.39 1.32 1.22 1.24
Net Debt/EBITDA
0.16 0.60 0.19 0.08 0.02 (0.73) (0.41) 0.00 (0.37) (0.30)
Debt/Assets
6.68% 8.15% 8.89% 6.07% 4.56% 4.08% 4.18% 3.92% 0.00% 0.00%
Debt/Equity
0.29 0.38 0.37 0.25 0.18 0.15 0.14 0.14 0.00 0.00
Asset Turnover
0.35 0.39 0.41 0.44 0.46 0.48 0.39 0.45 0.46 0.46
Operating CF/Net income
57.59 (0.71) 5.83 1.49 (0.44) 1.43 1.99 (0.62) (1.51) 1.27
Capex/Depreciation
(0.27) (0.32) (0.46) (0.22) (0.10) (0.17) (0.34) (0.32) (0.09) (0.10)
Interest Coverage
6.01 5.70 4.15 4.59 16.59 34.94 8.35 4.14 3.46 4.90
ROE
(0.22%) 4.40% 5.40% 9.31% 19.24% 21.04% 3.99% 3.81% 8.73% 16.07%
ROA
(0.05%) 0.98% 1.24% 2.25% 4.75% 5.52% 1.12% 1.08% 2.29% 4.18%
ROIC
13.63% 15.98% 20.52% 21.36% 23.54% 39.86% 17.97% 22.52% 26.52% 31.16%
Return on Tangible Assets
(0.30%) 5.48% 6.09% 11.33% 27.24% 20.19% 4.96% 4.96% 13.26% 23.23%
Average Days of Receivables
452.04 410.61 338.00 339.16 400.22 364.30 462.88 392.99 384.84 373.24
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
83.46% 79.89% 77.53% 77.56% 76.37% 73.70% 79.77% 75.25% 76.79% 72.40%
Intangible Assets out of Total Assets
0.08 0.07 0.08 0.07 0.06 0.06 0.06 0.06 0.05 0.05
Share Based Compensation of Revenue
0.72% 1.37% 0.70% 1.14% 1.35% 2.23% 1.43% 1.36% 3.18% 1.97%
Graham Net Nets
0.81 0.51 0.69 0.17 0.15 0.46 0.51 0.52 0.43 0.53
Graham Number
0.00 39.35 44.93 65.17 109.47 135.99 66.33 68.78 113.02 173.72
Earnings Yield
(0.43%) 6.54% 8.53% 14.96% 31.24% 27.15% 6.56% 6.92% 10.78% 19.55%
Free Cash Flow Yield
(29.12%) (6.17%) 47.12% 19.38% (14.84%) 37.38% 9.37% (8.18%) (17.14%) 24.12%
Revenue per Share
64.16 69.48 72.32 80.08 94.81 110.27 95.23 116.32 138.41 155.96
Operating CF per Share
(5.00) (1.22) 12.72 6.13 (4.28) 18.02 5.53 (1.75) (10.45) 17.97
Capex per Share
(0.43) (0.42) (0.68) (0.78) (0.36) (0.65) (1.40) (1.59) (0.50) (0.49)
Free Cash Flow per Share
(5.43) (1.64) 12.04 5.36 (4.63) 17.36 4.13 (3.34) (10.95) 17.48
Cash per Share
9.51 6.87 11.97 9.92 9.39 32.39 18.49 10.56 12.76 13.90
Shareholders Equity per Share
38.40 39.55 41.16 45.93 54.23 65.28 68.14 73.51 82.16 94.93
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
38.40 39.55 41.16 45.93 54.23 65.28 68.14 73.51 82.16 94.93
Free Cash Flow
(72.60) (21.75) 159.50 69.12 (58.59) 219.52 48.18 (35.87) (113.32) 183.56
Working Capital
365.52 388.82 445.74 435.95 423.67 759.16 614.86 564.63 501.46 606.43
Capital Expenditures
(5.73) (5.61) (9.07) (10.02) (4.53) (8.27) (16.31) (17.06) (5.15) (5.19)
Net Current Asset Value
203.04 178.89 232.56 59.55 61.54 271.28 261.15 230.35 286.21 404.44
EV/EBIT
2.33 2.85 1.97 1.79 1.55 0.87 2.05 1.56 2.11 1.71
Capex to Sales
0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.00 0.00
Price to Operating Income
2.14 2.18 1.76 1.69 1.53 1.70 2.56 1.56 2.18 1.79
Other line items
Depreciation/Fixed assets
0.79 0.65 0.68 1.47 1.63 1.70 1.32 1.22 1.46 1.68
Cash ROIC
(9.19%) (2.67%) 17.66% 7.94% (6.31%) 16.16% 4.29% (3.53%) (11.53%) 16.06%
Accounts Receivable Turnover
0.76 0.88 1.00 1.12 1.05 1.03 0.79 0.91 1.00 1.03
Accounts Payable Turnover
0.03 0.03 0.03 0.03 0.03 0.03 0.02 0.03 0.04 0.04
Inventory Turnover
0.03 0.03 0.03 0.03 0.03 0.04 0.05 0.04 0.03 0.02
Average Days of Payables
11,155.00 10,694.76 11,329.58 14,964.88 12,827.09 15,637.92 15,828.42 11,918.54 8,945.28 11,342.07
Days of Inventory on Hand
10,272.01 14,364.32 13,300.77 13,291.02 9,697.92 10,382.59 7,118.31 11,645.09 14,633.88 16,395.27
Average Receivables
1,134.23 1,048.83 961.31 923.75 1,137.28 1,352.84 1,400.10 1,376.71 1,427.47 1,592.70
Average Payables
817.95 728.89 701.67 806.94 853.97 881.59 1,032.18 961.34 745.70 771.35
Average Inventory
720.97 816.85 882.09 818.65 705.12 622.51 566.55 646.95 951.76 1,179.50
Average Assets
2,467.47 2,337.72 2,339.42 2,352.53 2,589.33 2,878.58 2,878.82 2,794.60 3,128.77 3,552.57
Average Common Equity
519.21 518.62 534.62 569.02 639.20 755.47 810.11 792.10 819.82 923.71

Fold the line items

Columns are period end dates