GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Oppenheimer Holdings Inc (NYSE:OPY) » Definitions » Degree of Operating Leverage

OPY (Oppenheimer Holdings) Degree of Operating Leverage : 3.12 (As of Mar. 2025)


View and export this data going back to 1986. Start your Free Trial

What is Oppenheimer Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Oppenheimer Holdings's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 3.12. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Oppenheimer Holdings's Degree of Operating Leverage or its related term are showing as below:

OPY's Degree of Operating Leverage is ranked worse than
78.1% of 621 companies
in the Capital Markets industry
Industry Median: 0.75 vs OPY: 3.12

Oppenheimer Holdings Degree of Operating Leverage Historical Data

The historical data trend for Oppenheimer Holdings's Degree of Operating Leverage 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.

* Premium members only.

Oppenheimer Holdings Degree of Operating Leverage Chart

Oppenheimer Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 1.65 3.47 5.34 4.62

Oppenheimer Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.81 15.36 6.67 4.62 3.12

Competitive Comparison of Oppenheimer Holdings's Degree of Operating Leverage

For the Capital Markets subindustry, Oppenheimer Holdings's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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's Degree of Operating Leverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Oppenheimer Holdings's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Oppenheimer Holdings's Degree of Operating Leverage falls into.


;
;

Oppenheimer Holdings Degree of Operating Leverage Calculation

Oppenheimer Holdings's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 198.517 (Mar. 2025) / 141.18 (Mar. 2024) - 1 )/( 1447.183 (Mar. 2025) / 1280.283 (Mar. 2024) - 1 )
=0.4061/0.1304
=3.12***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Oppenheimer Holdings  (NYSE:OPY) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Oppenheimer Holdings Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of Oppenheimer Holdings's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Oppenheimer Holdings Business Description

Traded in Other Exchanges
N/A
Address
85 Broad Street, New York, NY, USA, 10004
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.
Executives
Evan Behrens director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, P.O. BOX 13038, FORT LAUDERDALE FL 33316
Dennis P Mcnamara officer: Secretary C/O OPPENHEIMER & CO. INC., 85 BROAD STREET, NEW YORK NY 10004
Stacy J. Kanter director C/O APPLIED THERAPEUTICS, INC., 340 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10173
Brad M Watkins officer: CFO 72 CANDY LANE, SYOSSET NY 11791
Paul M Friedman director 11 DEERFIELD LANE, SCARSDALE NY 10583
R Lawrence Roth director C/O OPPENHEIMER HOLDINGS INC., 85 BROAD STREET, NEW YORK NY 10004
A Winn Oughtred director 52 MAPLE AVE, TORONTO ONTARIO A6 M4W 2T7
Timothy Martin Dwyer director 60 BEACON HILL ROAD, NEW CANAAN CT 06840
William Ehrhardt director 101 PARK BLVD NORTH, VENICE FL 34285
Teresa Glasser director 1044 GRAND ISLE TERRACE, PALM BEACH GARDENS FL 33418
Robert S Lowenthal director 85 BROAD STREET, NEW YORK NY 10004
Albert G Lowenthal director, 10 percent owner, officer: CEO OPPENHEIMER HOLDINGS INC., 85 BROAD STREET, NEW YORK NY 10004
Jeffrey J Alfano officer: CFO C/O OPPENHEIMER & CO. INC., 85 BROAD STREET, NEW YORK NY 10004
Morris Goldfarb director C/O G-III APPAREL GROUP, 345 W 37TH ST, NY NY 10018
Richard Crystal director 41 BLACK BIRCH LN, SCARSDALE NY 10583