Oppenheimer Holdings (OPY) Operating Margin (2018 - 2026)
Oppenheimer Holdings (OPY) recorded Operating Margin of 2.30% in Q3 2026, down 5.15 percentage points from 7.45% a year earlier and down 6.37 percentage points from the prior quarter.
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Analysis
Oppenheimer Holdings (OPY) Operating Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Oppenheimer Holdings' Operating Margin came in at 7.25% as of Sep 30, 2026, down 0.69 percentage points year-over-year; for FY2025, it was 12.89%, up 5.51 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -1.21 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 7.38% in FY2024 (+3.64 pp), 3.75% in FY2023 (-0.36 pp), 4.10% in FY2022 (-12.01 pp) and 16.11% in FY2021 (+2.02 pp).
- Quarterly Operating Margin has ranged from -6.07% in Q1 2026 to 25.18% in Q4 2021 over the past five years.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of -0.42 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 17.88 percentage points in Q4 2025, against a drop of 17.32 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.67% (Q2 2026), -6.07% (Q1 2026) and 22.42% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 108.45 Bn | 96.78 Bn | - | 65.70% |
| 2 | Bank of New York Mellon | 103.42 Bn | 37.04 Bn | - | - |
| 3 | Intercontinental Exchange | 97.62 Bn | 90.52 Bn | - | 38.84% |
| 4 | Robinhood Markets | 76.31 Bn | 55.85 Bn | - | - |
| 5 | Nasdaq | 60.49 Bn | 57.93 Bn | 1.48 Bn | 30.59% |
| 6 | State Street | 47.20 Bn | 47.20 Bn | - | - |
| 7 | Cboe Global Markets | 36.71 Bn | 27.19 Bn | 712.20 Mn | 39.32% |
| 8 | Interactive Brokers | 35.41 Bn | 11.72 Bn | - | - |
| 9 | Northern Trust | 32.29 Bn | 32.29 Bn | - | - |
| 10 | Oppenheimer Holdings | 1.00 Bn | -4.60 Bn | - | 2.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.30% |
| Jun 30, 2026 | 8.67% |
| Mar 31, 2026 | -6.07% |
| Dec 31, 2025 | 22.42% |
| Sep 30, 2025 | 7.45% |
| Jun 30, 2025 | 8.63% |
| Mar 31, 2025 | 11.25% |
| Dec 31, 2024 | 4.55% |
| Sep 30, 2024 | 9.47% |
| Jun 30, 2024 | 4.80% |
| Mar 31, 2024 | 10.61% |
| Dec 31, 2023 | 5.78% |
| Sep 30, 2023 | 6.90% |
| Jun 30, 2023 | -3.82% |
| Mar 31, 2023 | 5.92% |
| Dec 31, 2022 | 9.65% |
| Sep 30, 2022 | 2.46% |
| Jun 30, 2022 | -2.60% |
| Mar 31, 2022 | 5.34% |
| Dec 31, 2021 | 25.18% |
API Access
Oppenheimer Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=OPY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "OPY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=OPY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();