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Oppenheimer HoldingsOPY -1.84%77 Pretax Margin % is 8.67% as of Jun. 2026, which is 45% above its 10-year median of 5.97. 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 776 Capital Markets companies, Oppenheimer Holdings ranks worse than 60.7% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Oppenheimer Holdings Pretax Margin % Related Terms
Oppenheimer Holdings Pretax Margin % Historical Data
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The historical data trend for Oppenheimer Holdings's Pretax 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.
OPY vs PWP, GOLD, PURR: Pretax Margin % Comparison
For the Capital Markets subindustry, Oppenheimer Holdings's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Oppenheimer Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Oppenheimer Holdings's Pretax 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.
Oppenheimer Holdings (OPY) has a Pretax Margin % of 8.67% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Oppenheimer Holdings and its competitors. This is 45% above median its historical median of 5.97. According to the industry distribution chart, Oppenheimer Holdings ranks #471 out of 776 companies in the Capital Markets industry, placing it in the top 60.7%.
Is Oppenheimer Holdings' Pretax Margin % too high?
Oppenheimer Holdings' current Pretax Margin % of 8.67% is 45% above median its 10-year median of 5.97. The Capital Markets industry median Pretax Margin % is 20.84. Oppenheimer Holdings' value of 8.67% is 58.4% below this industry median. Based on the distribution chart, Oppenheimer Holdings ranks #471 out of 776 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' Pretax Margin % compare to PWP and GOLD?
According to the Capital Markets industry distribution chart, Oppenheimer Holdings ranks #471 out of 776 companies for Pretax Margin %. This places Oppenheimer Holdings in the lower half of its industry. The industry median Pretax Margin % is 20.84. Oppenheimer Holdings' value of 8.67% is 58.4% below this benchmark. While the company's 10-year median is 5.97 vs. the industry median of 20.84, 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 Pretax Margin % for a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.84, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oppenheimer Holdings's current Pretax Margin % of 8.67% is 58.4% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Oppenheimer Holdings and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oppenheimer Holdings's current Pretax Margin % is 8.67%, which is 45% above median its own 10-year median of 5.97. 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 Pretax Margin % is 8.67%, which is 45% above median its 10-year median of 5.97 and 58.4% below the Capital Markets industry median of 20.84. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Oppenheimer Holdings (OPY), the current Pretax Margin % is 8.67% 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:
Pretax Margin %: 8.67% (45% above median its 10-year median of 5.97)
GF Value™: $80.77 vs. price of $111.75 (38.4% above fair value)
Industry Position: 58.4% below the Capital Markets median (#471 of 776)
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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