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Oppenheimer Holdings vs XP

Oppenheimer Holdings and XP are similar in size: $1.64bn and $1.43bn of revenue in their latest fiscal years. Oppenheimer Holdings grew faster (14.4% against 3.1%). XP kept more of each dollar of sales as profit: a net margin of 64.9% against 9.1%. Oppenheimer Holdings carries less debt relative to equity (0.0% against 1.0%).

Latest fiscal yearOppenheimer HoldingsOPY, 2025XPXP, 2025
Revenue $1.64bn $1.43bn
Revenue growth 14.4% 3.1%
Net income $148m $926m
Operating margin 12.9% —
Net margin 9.1% 64.9%
Return on equity 16.2% 24.6%
Free cash flow $184m $2.12bn
Cash $38.4m $3.51bn
Total debt $0 $43.4m
Debt to equity 0.0% 1.0%
Dividend per share — —
Dividend yield 1.9% 1.2%
Share buybacks $3.0m —
Employees 2,947 —
Market value $971m $7.30bn
Price vs our value range — —
Moat score 78 (Strong) —
Insider trades, 12 months 0 buys, 1 sales 0 buys, 1 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.