Oppenheimer Holdings vs Piper Sandler Companies
Piper Sandler Companies is the larger business, with $1.90bn of revenue in fiscal 2025 against $1.64bn for Oppenheimer Holdings (1.2 times as much). Piper Sandler Companies grew faster (24.3% against 14.4%). Piper Sandler Companies kept more of each dollar of sales as profit: a net margin of 14.8% against 9.1%. Oppenheimer Holdings carries less debt relative to equity (0.0% against 1.1%).
| Latest fiscal year | Oppenheimer HoldingsOPY, 2025 | Piper Sandler CompaniesPIPR, 2025 |
|---|---|---|
| Revenue | $1.64bn | $1.90bn |
| Revenue growth | 14.4% | 24.3% |
| Net income | $148m | $281m |
| Operating margin | 12.9% | — |
| Net margin | 9.1% | 14.8% |
| Return on equity | 16.2% | 21.7% |
| Free cash flow | $184m | $587m |
| Cash | $38.4m | $809m |
| Total debt | $0 | $15.0m |
| Debt to equity | 0.0% | 1.1% |
| Dividend per share | — | — |
| Dividend yield | 1.9% | 3.1% |
| Share buybacks | $3.0m | $125m |
| Employees | 2,947 | 1,858 |
| Market value | $971m | $4.55bn |
| Price vs our value range | — | — |
| Moat score | 78 (Strong) | 42 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 19 sales |