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Oppenheimer HoldingsOPY -1.84%77 Debt-to-EBITDA is 3.23 as of Jun. 2026, which is 7% below its 10-year median of 3.47. GuruFocus rates OPY with a GF Score™ of 77/100 and a GF Value™ of $80.77 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 418 Capital Markets companies, Oppenheimer Holdings ranks worse than 62.68% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Oppenheimer Holdings's Debt-to-EBITDA or its related term are showing as below:
OPY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.87 Med: 3.47 Max: 52.53
Current: 3.31
During the past 13 years, the highest Debt-to-EBITDA Ratio of Oppenheimer Holdings was 52.53. The lowest was 1.87. And the median was 3.47.
OPY's Debt-to-EBITDA is ranked worse than 62.68% of 418
companies
in the Capital Markets industry
Industry Median: 1.645
vs OPY: 3.31
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Oppenheimer Holdings Debt-to-EBITDA Related Terms
Oppenheimer Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Oppenheimer Holdings's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, Oppenheimer Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Oppenheimer Holdings Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Oppenheimer Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Oppenheimer Holdings's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Oppenheimer Holdings (OPY) has a Debt-to-EBITDA of 3.23 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Oppenheimer Holdings. This is near median its historical median of 3.47. Over the past decade, Oppenheimer Holdings' Debt-to-EBITDA has ranged from 1.87 to 52.53. According to the industry distribution chart, Oppenheimer Holdings ranks #262 out of 418 companies in the Capital Markets industry, placing it in the top 62.7%.
Is Oppenheimer Holdings' Debt-to-EBITDA too high?
Oppenheimer Holdings' current Debt-to-EBITDA of 3.23 is near median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 52.53. The Capital Markets industry median Debt-to-EBITDA is 1.65. Oppenheimer Holdings' value of 3.23 is 96.4% above this industry median. Based on the distribution chart, Oppenheimer Holdings ranks #262 out of 418 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Oppenheimer Holdings has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oppenheimer Holdings' Debt-to-EBITDA compare to PWP and GOLD?
According to the Capital Markets industry distribution chart, Oppenheimer Holdings ranks #262 out of 418 companies for Debt-to-EBITDA. This places Oppenheimer Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.65. Oppenheimer Holdings' value of 3.23 is 96.4% above this benchmark. Historically, Oppenheimer Holdings' own Debt-to-EBITDA has ranged from 1.87 to 52.53 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 1.65, Oppenheimer Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.65, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oppenheimer Holdings's current Debt-to-EBITDA of 3.23 is 96.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Oppenheimer Holdings. For the Capital Markets industry, the median Debt-to-EBITDA is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oppenheimer Holdings's current Debt-to-EBITDA is 3.23, which is near median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oppenheimer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Oppenheimer Holdings (OPY) is currently considered Significantly Overvalued. The stock's GF Value™ is $80.77, compared to a current price of $111.75 — trading 38.4% above its estimated fair value. The current Debt-to-EBITDA is 3.23, which is near median its 10-year median of 3.47 and 96.4% above the Capital Markets industry median of 1.65. Oppenheimer Holdings' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Oppenheimer Holdings (OPY), the current Debt-to-EBITDA is 3.23 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Oppenheimer Holdings (OPY) Overvalued in 2026?
Based on GuruFocus' analysis, Oppenheimer Holdings stock appears to be overvalued.
The current stock price of $111.75 is trading 38.4% above its estimated GF Value™ of $80.77.
GuruFocus considers Oppenheimer Holdings to be Significantly Overvalued.
Key valuation signals for OPY:
Debt-to-EBITDA: 3.23 (near median its 10-year median of 3.47)
GF Value™: $80.77 vs. price of $111.75 (38.4% above fair value)
Industry Position: 96.4% above the Capital Markets median (#262 of 418)
No single metric tells the full story. See the OPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oppenheimer Holdings Inc conducts activities in the securities industry. The company is involved in retail securities brokerage, investment banking (both corporate and public finance), institutional sales and trading, market-making, research, trust services, and investment advisory and asset management services. The company has two segments: Wealth Management, and Capital Markets. IT generates maximum revenue from Wealth Management Segment which includes commissions and fee income earned on assets under management (AUM), net interest earnings on client margin loans and cash balances, fees from money market funds, custodian fees and other activities. The company generates the majority of its revenue from the Americas, with the rest from Europe, the Middle East, and Asia.
77GF Score
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