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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Oppenheimer HoldingsOPY -1.84%77 Gross Margin % is 30.73% as of Jun. 2026, which is 10% below its 10-year median of 34.00. 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 621 Capital Markets companies, Oppenheimer Holdings ranks worse than 61.51% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Oppenheimer Holdings had a gross margin of 30.73% for the quarter that ended in Jun. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Oppenheimer Holdings Gross Margin % Related Terms
Oppenheimer Holdings Gross Margin % Historical Data
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The historical data trend for Oppenheimer Holdings's Gross Margin % 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 Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Oppenheimer Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Oppenheimer Holdings's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Oppenheimer Holdings (OPY) has a Gross Margin % of 30.73% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Oppenheimer Holdings and its competitors. This is 10% below median its historical median of 34.00. Over the past decade, Oppenheimer Holdings' Gross Margin % has ranged from 28.91 to 36.25. According to the industry distribution chart, Oppenheimer Holdings ranks #382 out of 621 companies in the Capital Markets industry, placing it in the top 61.5%.
Is Oppenheimer Holdings' Gross Margin % too high?
Oppenheimer Holdings' current Gross Margin % of 30.73% is 10% below median its 10-year median of 34.00. Over the past 10 years, this metric has ranged from a low of 28.91 to a high of 36.25. The Capital Markets industry median Gross Margin % is 49.97. Oppenheimer Holdings' value of 30.73% is 38.5% below this industry median. Based on the distribution chart, Oppenheimer Holdings ranks #382 out of 621 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' Gross Margin % compare to PWP and GOLD?
According to the Capital Markets industry distribution chart, Oppenheimer Holdings ranks #382 out of 621 companies for Gross Margin %. This places Oppenheimer Holdings in the lower half of its industry. The industry median Gross Margin % is 49.97. Oppenheimer Holdings' value of 30.73% is 38.5% below this benchmark. Historically, Oppenheimer Holdings' own Gross Margin % has ranged from 28.91 to 36.25 over the past decade. While the company's 10-year median is 34.00 vs. the industry median of 49.97, Oppenheimer Holdings has consistently been below 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 Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.97, based on 621 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oppenheimer Holdings's current Gross Margin % of 30.73% is 38.5% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Oppenheimer Holdings and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oppenheimer Holdings's current Gross Margin % is 30.73%, which is 10% below median its own 10-year median of 34.00. 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 Gross Margin % is 30.73%, which is 10% below median its 10-year median of 34.00 and 38.5% below the Capital Markets industry median of 49.97. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Oppenheimer Holdings (OPY), the current Gross Margin % is 30.73% 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:
Gross Margin %: 30.73% (10% below median its 10-year median of 34.00)
GF Value™: $80.77 vs. price of $111.75 (38.4% above fair value)
Industry Position: 38.5% below the Capital Markets median (#382 of 621)
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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