Oppenheimer Holdings Inc.

OPYNYSEFinancial Services● Active

$97.38

+$0.05(+0.05%)

Market Cap$1.0B

P/E Ratio—

52W High$118.77

52W Low$61.37

Avg Volume70K

Open$97.33

Beta1.09

Overview

Oppenheimer Holdings Inc. (OPY) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

OPY · free cash flow · updated Jun 9, 2026

Core FCF metrics

OPY · FCF · TTM · margin & CAGR

Free cash flow was $183.6M for FY2025 (fiscal year ending 2025-12-31), up 262.0% year-over-year The FCF margin was 11.2%.

FY2025 Free Cash Flow$183.6M▲ +262.0% YoY

Trailing 12M (TTM)$73.4Mtrailing 4 quarters sum

FCF Margin11.2%$183.6M ÷ revenue

3-Year CAGR+56.2%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

OPY · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$188.8M(5M)$183.6M▲ +262.0%11.2%

FY2024−$108.2M(5M)−$113.3M▼ 215.9%-7.9%

FY2023−$18.8M(17M)−$35.9M▼ 174.4%-2.9%

FY2022$64.5M(16M)$48.2M▼ 78.1%4.3%

FY2021$227.8M(8M)$219.5M▲ +474.7%15.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

OPY · P/FCF · FCF yield · FCF per share

Oppenheimer Holdings Inc. (OPY) trades at a FCF yield of 7.10% and a price-to-free-cash-flow ratio of 13.9x. FCF per share stands at $6.99, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.10%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.99

TTM FCF ÷ Shares Outstanding

Price / FCF

x13.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x33.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

OPY · cash flow statement · operating / investing / financing

For FY2025, Oppenheimer Holdings Inc. generated $188.8M in operating cash flow and spent 5M in capital expenditures, yielding $183.6M in free cash flow.

Operating Activities

+$188.8M

Cash from core business operations

2025-12-31

Investing Activities

−$1.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$182.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($188.8M) − |CapEx| (5M) = FCF ($183.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

OPY vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Oppenheimer Holdings Inc.YOU

OPY

$183.6M+262.0%11.2%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Oppenheimer Holdings Inc. (OPY) reported free cash flow of $183.6M for FY2025 (fiscal year ending 2025-12-31), up 262.0% year-over-year. The FCF margin was 11.2%.

Based on available data, Oppenheimer Holdings Inc. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $219.5M in FY2021.

Oppenheimer Holdings Inc.'s FCF yield is 7.10% and price-to-FCF ratio is 13.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

OPY free cash flow · 8 questions

Oppenheimer Holdings Inc. free cash flow was $183.6M for FY2025, up 262.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $73.4M.

OPY free cash flowOPY FCFOPY FCF 2025OPY free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Oppenheimer Holdings Inc. · Oppenheimer Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026