15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 4.8% per year over the past 5 years.
Net income has grown slower than revenue (3.8% vs 4.8% per year).
Operating margin has been roughly flat, at 14.8% in the latest year.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 5.1% of earnings and 4.1% of free cash flow.
The dividend has declined 16.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.4B
$148M
0.0%
14.8%
15.1%
4.0%
$184M
—
$38M
2024
$1.2B
$72M
0.0%
8.6%
8.4%
2.1%
-$113M
$0
$33M
2023
$1.1B
$30M
0.0%
4.4%
3.8%
1.0%
-$36M
$113M
$29M
2022
$1.0B
$32M
0.0%
4.4%
4.1%
1.2%
$48M
$113M
$112M
2021
$1.3B
$159M
0.0%
17.0%
19.3%
5.2%
$220M
$124M
$214M
2020
$1.1B
$123M
0.0%
15.0%
17.9%
4.5%
-$59M
$124M
$35M
2019
$935M
$53M
0.0%
8.0%
8.9%
2.1%
$69M
$150M
$80M
2018
$892M
$29M
0.0%
5.0%
5.3%
1.3%
$160M
$199M
$91M
2017
—
$23M
—
—
4.4%
0.9%
-$22M
$199M
$48M
2016
—
-$1M
—
—
-0.2%
-0.1%
-$73M
$149M
$65M
2015
—
$2M
—
—
0.4%
0.1%
-$25M
$149M
$63M
2014
—
$9M
—
—
1.7%
0.3%
$74M
—
$64M
2013
—
$25M
—
—
4.8%
0.8%
-$17M
—
$98M
2012
—
-$4M
—
—
-0.7%
-0.1%
-$24M
—
$135M
2011
—
$10M
—
—
2.0%
0.3%
$76M
—
$70M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$336M
$5M
0.0%
2.6%
0.6%
0.1%
$129M
—
$38M
Jun '26
$389M
$27M
0.0%
10.1%
2.8%
0.6%
-$57M
—
$38M
Mar '26
$399M
-$21M
0.0%
-6.8%
-2.2%
-0.5%
-$190M
—
$35M
Dec '25
$416M
$74M
0.0%
25.5%
7.6%
2.0%
$176M
—
$38M
Sep '25
$370M
$22M
0.0%
8.5%
2.4%
0.6%
$62M
—
$38M
Jun '25
$313M
$22M
0.0%
10.3%
2.4%
0.6%
$39M
—
$38M
Mar '25
$324M
$31M
0.0%
12.8%
3.5%
0.9%
-$93M
—
$37M
Dec '24
$326M
$11M
0.0%
5.2%
1.3%
0.3%
$71M
$0
$33M
Sep '24
$317M
$25M
0.0%
11.2%
2.9%
0.7%
$11M
$113M
$32M
Jun '24
$284M
$10M
0.0%
5.6%
1.3%
0.3%
-$117M
$113M
$33M
Mar '24
$303M
$26M
0.0%
12.4%
3.3%
0.8%
-$79M
$113M
$28M
Dec '23
$260M
$11M
0.0%
6.8%
1.4%
0.4%
$61M
$113M
$29M
Sep '23
$275M
$14M
0.0%
7.8%
1.8%
0.5%
$64M
$113M
$31M
Jun '23
$257M
-$9M
0.0%
-4.5%
-1.2%
-0.3%
-$71M
$113M
$29M
Mar '23
$279M
$15M
0.0%
6.8%
1.8%
0.5%
-$90M
$112M
$30M
Dec '22
$276M
$22M
0.0%
11.0%
2.8%
0.8%
$143M
$113M
$112M
Sep '22
$273M
$5M
0.0%
2.7%
0.6%
0.2%
$139M
$124M
$37M
Jun '22
$239M
-$4M
0.0%
-2.6%
-0.5%
-0.1%
-$79M
$124M
$37M
Mar '22
$260M
$9M
0.0%
5.5%
1.1%
0.3%
-$155M
$124M
$47M
Dec '21
$347M
$63M
0.0%
26.5%
7.6%
2.1%
$92M
$124M
$214M
Valuation over time
How the market has priced OPY against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 13.0× (Mar '23) to 6.0× (Nov '26).
The price-to-sales ratio has risen from 0.4× (Mar '23) to 0.6× (Nov '26).
The dividend yield has fallen from 1.7% (Mar '23) to 0.8% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is OPY growing its revenue and profit?
Over the past 5 years, Oppenheimer Holdings Inc's revenue has grown 4.8% per year, and net income grown 3.8% per year. These are computed facts, not advice.
How much debt does OPY have?
As of FY2025, Oppenheimer Holdings Inc reported — of total debt against $38M of cash.
What is OPY's profit margin?
In FY2025, gross margin was —, operating margin 14.8%, and net margin 10.4%.
What is OPY's P/E ratio?
Oppenheimer Holdings Inc's P/E (TTM) is 10.37 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the OPY stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 6.0× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.