Oppenheimer Holdings Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Oppenheimer Holdings Inc (OPY) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Oppenheimer Holdings Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 1,755M vs 20,402M combined for its competitors (7.9% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-12.9% annualized vs trailing 12 months), vs accelerating (+4.8%) for its tracked peer group.
- Growth: Oppenheimer Holdings Inc generated -10.0% revenue growth year over year in Q3 2026, vs 17.4% for its competitors combined.
- Profitability: Its 1.4% net margin compares with 6.7% for the peer group.
- Scale: Oppenheimer Holdings Inc ranks #64 of 90 companies by market capitalization in the Investment Services industry, holding 0.0% of industry market cap.
- Peer revenue share: Oppenheimer Holdings Inc accounted for 6.7% of combined revenue among its tracked peer group, down from 8.5% a year earlier.
- Peer differentiation: Revenue per employee of $0.60M compares with $3.19M for the peer group (0.2x).
- Structure: Oppenheimer Holdings Inc operates in the following segments: Wealth Management, Capital markets, Corporate and Unallocated.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
OPY Sales vs. its Competitors, Q3 2026
Oppenheimer Holdings Inc reported revenue contraction of 10.00 % year on year in Q3 2026, below its competitors' combined revenue growth of 17.40 %.
With a net margin of 1.43 %, Oppenheimer Holdings Inc reported lower profitability than its competitors (6.67 %).
Oppenheimer Holdings Inc generated 6.67 % of the combined sales of its peer group, down from 8.53 % a year earlier.
API endpoints for this dataset
Oppenheimer Holdings Inc vs. its Competitors, Q3 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Oppenheimer Holdings Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Oppenheimer Holdings Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Oppenheimer Holdings Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (3) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Oppenheimer Holdings Inc's competitor groups requires a Commercial License.
For context: the Investment Services industry grew revenue -3.0% year over year, combined, vs -10.0% for Oppenheimer Holdings Inc. Oppenheimer Holdings Inc's share of combined industry revenue moved from 0.16% to 0.15%, a loss of 0.01 percentage points.
Oppenheimer Holdings Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Oppenheimer Holdings Inc | Yes | Yes | Yes | No |
| Competitors combined (11) | ||||
| High-Confidence Competitors (1) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 37.50 % (3 of 8) | 0.00 % (0 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
OPY Stock Performance relative to its Competitors
OPY Stock Performance relative to High-Confidence Competitors
OPY Stock Performance relative to Similar-Size Competitors
OPY Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Wisdomtree Inc | 282.9% | Outperformed |
| 2 | Virtu Financial inc | 282.9% | Outperformed |
| 3 | Mizuho Financial Group Inc | 282.9% | Outperformed |
| 4 | Nomura Holdings Inc | 282.9% | Outperformed |
| 5 | Westwood Holdings Group Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Oppenheimer Holdings Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Oppenheimer Holdings Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Oppenheimer Holdings Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Oppenheimer Holdings Inc |
1,051.10 | 1,754.61 |
 Interactive Brokers Group Inc |
34,125.67 | 6,449.00 |
 Nomura Holdings Inc |
28,648.01 | 31,621.87 |
 Mizuho Financial Group Inc |
23,355.06 | 58,442.66 |
 Lpl Financial Holdings Inc |
23,335.83 | 20,401.56 |
 Up Fintech Holding Limited |
10,950.16 | 612.06 |
| SUBTOTAL | 136,269.34 | 281,904.96 |
Sign in to see all competitors of Oppenheimer Holdings Inc .
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Oppenheimer Holdings Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Oppenheimer Holdings Inc's Competitors Named by the Company
Competitive relationships identified from Oppenheimer Holdings Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Freedom Holding Corp | Company report | 85% |
| Interactive Brokers Group Inc | Company report | 85% |
| Lpl Financial Holdings Inc | Company report | 85% |
| Nomura Holdings Inc | Company report | 85% |
| Cowen inc | Company report | 85% |
| Siebert Financial Corp | Company report | 85% |
| Virtu Financial inc | Company report | 85% |
| Westwood Holdings Group Inc | Company report | 85% |
| Avantax Inc | Company report | 85% |
| Raymond James Financial Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Oppenheimer Holdings Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Oppenheimer Holdings Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Oppenheimer Holdings Inc | Wealth Management 69.68 % |
| Stonex Group Inc | Commercial 97.75 % |
| Virtu Financial inc | Market Making 85.51 % |
| Westwood Holdings Group Inc | Advisory 87.01 % |
| Siebert Financial Corp | Financial Services 98.54 % |
| U S Global Investors Inc | Investment Management Services 62.39 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Oppenheimer Holdings Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Oppenheimer Holdings Inc | 1,051 | 595,387 | 29,236 |
| Interactive Brokers Group Inc | 34,126 | 1,975,191 | 1,499,541 |
| Nomura Holdings Inc | 28,648 | 2,108,125 | 160,432 |
| Mizuho Financial Group Inc | 23,355 | 1,114,744 | 146,786 |
| Lpl Financial Holdings Inc | 23,336 | 2,040,156 | 139,295 |
| Up Fintech Holding Limited | 10,950 | 4,708,192 | 1,319,089 |
| PEERS TOTAL | 135,218 | 3,185,554 | 207,403 |
Sign in to see all peers for Oppenheimer Holdings Inc .
Oppenheimer Holdings Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Oppenheimer Holdings Inc | Americas 96.01 % |
| Up Fintech Holding Limited | NZ 35.88 % |
| Stonex Group Inc | Middle East and Asia 90.47 % |
| Virtu Financial inc | United States 77.53 % |
| Wisdomtree Inc | United States 54.30 % |
| Westwood Holdings Group Inc | United States 99.40 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Oppenheimer Holdings Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 88 companies in Oppenheimer Holdings Inc's industry classification, broader than the peer set above. Market cap in millions of $.Oppenheimer Holdings Inc ranks #64 of 88 companies by market capitalization in its industry, holding 0.05 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 580, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Morgan Stanley | 284,679 | 12.54 % |
| 2 | The Goldman Sachs Group Inc | 263,989 | 11.62 % |
| 3 | Blackrock Inc | 194,098 | 8.55 % |
| 4 | Schwab Charles Corp | 159,101 | 7.01 % |
| 5 | Futu Holdings Ltd | 1,234 | 5.2% |
| 6 | Cme Group Inc | 1,234 | 5.2% |
| 7 | Intercontinental Exchange Inc | 1,234 | 5.2% |
| 8 | Blackstone Inc | 1,234 | 5.2% |
| 9 | Kkr and co inc | 1,234 | 5.2% |
| 10 | Brookfield Asset Management Ltd | 1,234 | 5.2% |
| 64 | Oppenheimer Holdings Inc | 1,042 | 0.05 % |
Market cap and industry share for the rest of Oppenheimer Holdings Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-06.
Oppenheimer Holdings Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 59 | Artisan Partners Asset Management Inc | 2,597 | -8.04 % |
| 60 | Gcm Grosvenor Inc | 2,577 | 8.77 % |
| 61 | Noah Holdings Ltd | 2,439 | -37.60 % |
| 62 | Patria Investments Limited | 1,412 | -36.91 % |
| 63 | Ridgepost Capital Inc | 1,234 | 12.3% |
| 64 | Oppenheimer Holdings Inc | 1,042 | 33.21 % |
| 65 | Abacus Global Management Inc | 1,234 | 12.3% |
| 66 | Virtus Investment Partners Inc | 1,234 | 12.3% |
| 67 | Navient Corporation | 1,234 | 12.3% |
| 68 | Vinci Compass Investments Ltd | 1,234 | 12.3% |
| 69 | Value Line Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Oppenheimer Holdings Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-06. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Oppenheimer Holdings Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Investment Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (142 companies). See the full Investment Services industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.00 % | 21.10 % (avg) | -21.1 pp |
| Operating Margin | 12.97 % | industry median | -27.1 pp |
| EBITDA Margin | 7.87 % | 22.65 % (avg) | -14.8 pp |
| Capital Intensity (Capex / Revenue) | 0.40 % | 3.62 % (avg) | -3.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Oppenheimer Holdings Inc's Valuation vs Competitive Position
Valuation multiples vs the Investment Services industry average (142 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Investment Services industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 15.4x | 24.3x | -8.9x |
| EV / EBITDA | 15.9x | 12.5x | +3.4x |
| P/B | 1.4x | 3.6x | -2.2x |
| Return on Equity | 8.70 % | industry aggregate | -10.35 % |
| Return on Invested Capital | 6.70 % | 6.42 % (avg) | 0.28 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Oppenheimer Holdings Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2016 | 2017 | 2018 | 2019 | 2021 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -7.61 % | 7.29 % | 4.11 % | 7.85 % | 30.08 % | 12.41 % | 14.71 % | 14.35 % |
| Operating Margin | 28.91 % | 32.02 % | -65.77 % | 7.25 % | 21.40 % | 3.75 % | 13.95 % | 19.02 % |
| Return on Invested Capital | 14.54 % | 16.44 % | -34.88 % | 4.15 % | 14.30 % | 1.42 % | 4.82 % | 10.74 % |
| P/E | - | 16.7x | 13.2x | 7.2x | 4.1x | 15.4x | 9.0x | 5.3x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Oppenheimer Holdings Inc's Strategic Group Map
Oppenheimer Holdings Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Oppenheimer Holdings Inc's trailing-12-month revenue growth of 13.9% and operating margin of 13.0% compares with an average of 9.9% growth and 15.5% margin across its 8 closest peers by combined growth, margin and ROIC -- Oppenheimer Holdings Inc sits above that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Oppenheimer Holdings Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Oppenheimer Holdings Inc falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 9.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Oppenheimer Holdings Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 580 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.40 % vs industry average 3.62 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Oppenheimer Holdings Inc's dedicated Suppliers and Customers pages, not here.
Oppenheimer Holdings Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Oppenheimer Holdings Inc falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Oppenheimer Holdings Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Operating margin 27.1 points below the industry median.
- Return on equity 10.4 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-12.9% annualized vs trailing 12 months).
- Low relative market share vs the industry leader (0.00x).
Opportunities
- Trades at a lower P/E than the industry average (15.4x vs 24.3x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Oppenheimer Holdings Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Oppenheimer Holdings Inc | 0.09 | 0.91 | 1.00 |
| Interactive Brokers Group Inc | 0.17 | 0.66 | 0.00 |
| Nomura Holdings Inc | 0.11 | 1.88 | 4.49 |
| Mizuho Financial Group Inc | 0.25 | 0.33 | 7.04 |
| Lpl Financial Holdings Inc | 0.40 | 1.00 | 1.35 |
| Up Fintech Holding Limited | 0.57 | 1.12 | 0.32 |
Sign in to see all peers for Oppenheimer Holdings Inc .
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Oppenheimer Holdings Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Oppenheimer Holdings Inc | Q3 2026 | -10.0 % | -74.9 % |
| Interactive Brokers Group Inc | Q2 2026 | +0.1 % | +33.0 % |
| Nomura Holdings Inc | Q1 2025 | +1.6 % | +7.5 % |
| Mizuho Financial Group Inc | Q1 2025 | +8.9 % | +97.4 % |
| Lpl Financial Holdings Inc | Q3 2026 | +17.4 % | - |
| Up Fintech Holding Limited | Q4 2025 | +56.3 % | +179.5 % |
| PEERS TOTAL | +9.3 % | +63.8 % |
Sign in to see all peers for Oppenheimer Holdings Inc .
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Oppenheimer Holdings Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Oppenheimer Holdings Inc | Q3 2026 | - | +211.4 % |
| Interactive Brokers Group Inc | Q2 2026 | - | +28.6 % |
| Nomura Holdings Inc | Q1 2025 | -100.0 % | +88.4 % |
| Mizuho Financial Group Inc | Q1 2025 | +98.8 % | -8.1 % |
| Lpl Financial Holdings Inc | Q3 2026 | - | +61.5 % |
| Up Fintech Holding Limited | Q4 2025 | +20.6 % | +253.0 % |
Sign in to see all peers for Oppenheimer Holdings Inc .
Oppenheimer Holdings Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Oppenheimer Holdings Inc | 2.17% | 3.58% | 8.70% |
| Interactive Brokers Group Inc | 2.25% | 5.97% | 23.46% |
| Nomura Holdings Inc | 0.61% | 0.61% | 9.93% |
| Mizuho Financial Group Inc | 0.42% | 0.39% | 10.67% |
| Lpl Financial Holdings Inc | 7.24% | 8.18% | 24.65% |
| Up Fintech Holding Limited | 2.08% | 16.53% | 19.81% |
Sign in to see all peers for Oppenheimer Holdings Inc .
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Oppenheimer Holdings Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Oppenheimer Holdings Inc | 12.11 | 0.60 |
| Interactive Brokers Group Inc | 30.21 | 5.29 |
| Nomura Holdings Inc | 0.08 | 0.91 |
| Mizuho Financial Group Inc | 0.02 | 0.40 |
| Lpl Financial Holdings Inc | 16.90 | 1.14 |
| Up Fintech Holding Limited | 62.90 | 17.89 |
| PEERS AVERAGE | 7.44 | 0.48 |
Sign in to see all peers for Oppenheimer Holdings Inc .
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.