Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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 ROA % is 2.72% as of Jun. 2026, which is 55% above its 10-year median of 1.75. 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 816 Capital Markets companies, Oppenheimer Holdings ranks better than 61.89% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Oppenheimer Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was $109 Mil.
Oppenheimer Holdings's average Total Assets over the quarter that ended in Jun. 2026 was $4,023 Mil. Therefore, Oppenheimer Holdings's annualized ROA % for the quarter that ended in Jun. 2026 was 2.72%.
The historical rank and industry rank for Oppenheimer Holdings's ROA % or its related term are showing as below:
OPY'
s ROA % Range Over the Past 10 Years
Min: -0.05 Med: 1.75 Max: 5.52
Current: 2.67
During the past 13 years, Oppenheimer Holdings's highest ROA % was 5.52%. The lowest was -0.05%. And the median was 1.75%.
OPY's ROA % is ranked better than 61.89% of 816
companies
in the Capital Markets industry
Industry Median: 1.495
vs OPY: 2.67
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Oppenheimer Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Oppenheimer Holdings's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Oppenheimer Holdings (OPY) has a ROA % of 2.72% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Oppenheimer Holdings and its competitors. This is 55% above median its historical median of 1.75. According to the industry distribution chart, Oppenheimer Holdings ranks #311 out of 816 companies in the Capital Markets industry, placing it in the top 38.1%.
Is Oppenheimer Holdings' ROA % too high?
Oppenheimer Holdings' current ROA % of 2.72% is 55% above median its 10-year median of 1.75. The Capital Markets industry median ROA % is 1.50. Oppenheimer Holdings' value of 2.72% is 81.9% above this industry median. Based on the distribution chart, Oppenheimer Holdings ranks #311 out of 816 companies in the Capital Markets industry, which is above 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' ROA % compare to PWP and GOLD?
According to the Capital Markets industry distribution chart, Oppenheimer Holdings ranks #311 out of 816 companies for ROA %. This puts Oppenheimer Holdings in the upper half of its industry. The industry median ROA % is 1.50. Oppenheimer Holdings' value of 2.72% is 81.9% above this benchmark. While the company's 10-year median is 1.75 vs. the industry median of 1.50, 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 ROA % for a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oppenheimer Holdings's current ROA % of 2.72% is 81.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Oppenheimer Holdings and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oppenheimer Holdings's current ROA % is 2.72%, which is 55% above median its own 10-year median of 1.75. 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 ROA % is 2.72%, which is 55% above median its 10-year median of 1.75 and 81.9% above the Capital Markets industry median of 1.50. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Oppenheimer Holdings (OPY), the current ROA % is 2.72% 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:
ROA %: 2.72% (55% above median its 10-year median of 1.75)
GF Value™: $80.77 vs. price of $111.75 (38.4% above fair value)
Industry Position: 81.9% above the Capital Markets median (#311 of 816)
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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