vs

Side-by-side financial comparison of HECLA MINING CO (HL) and OPPENHEIMER HOLDINGS INC (OPY). Click either name above to swap in a different company.

OPPENHEIMER HOLDINGS INC is the larger business by last-quarter revenue ($472.6M vs $448.1M, roughly 1.1× HECLA MINING CO). HECLA MINING CO runs the higher net margin — 30.0% vs 15.7%, a 14.3% gap on every dollar of revenue. On growth, HECLA MINING CO posted the faster year-over-year revenue change (79.5% vs 25.9%). OPPENHEIMER HOLDINGS INC produced more free cash flow last quarter ($183.6M vs $134.7M). Over the past eight quarters, HECLA MINING CO's revenue compounded faster (53.8% CAGR vs 15.7%).

Hecla Mining is a leading U.S.-based precious and base metals mining firm. Core products include silver, gold, lead and zinc, with operating assets across North America. It supplies raw materials to global jewelry manufacturing, industrial production, and renewable energy segments, and is a top domestic primary silver producer.

Oppenheimer Holdings Inc. is an American multinational independent investment bank and financial services company offering investment banking, financial advisory services, capital markets services, asset management, wealth management, and related products and services worldwide. The company, which once occupied the One World Financial Center building in Manhattan, now bases its operations at 85 Broad Street in New York City.

HL vs OPY — Head-to-Head

Bigger by revenue
OPY
OPY
1.1× larger
OPY
$472.6M
$448.1M
HL
Growing faster (revenue YoY)
HL
HL
+53.6% gap
HL
79.5%
25.9%
OPY
Higher net margin
HL
HL
14.3% more per $
HL
30.0%
15.7%
OPY
More free cash flow
OPY
OPY
$48.9M more FCF
OPY
$183.6M
$134.7M
HL
Faster 2-yr revenue CAGR
HL
HL
Annualised
HL
53.8%
15.7%
OPY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HL
HL
OPY
OPY
Revenue
$448.1M
$472.6M
Net Profit
$134.4M
$74.4M
Gross Margin
55.4%
Operating Margin
49.1%
22.4%
Net Margin
30.0%
15.7%
Revenue YoY
79.5%
25.9%
Net Profit YoY
1027.2%
593.1%
EPS (diluted)
$0.20
$6.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HL
HL
OPY
OPY
Q4 25
$448.1M
$472.6M
Q3 25
$409.5M
$424.4M
Q2 25
$304.0M
$373.2M
Q1 25
$261.3M
$367.8M
Q4 24
$249.7M
$375.4M
Q3 24
$245.1M
$373.4M
Q2 24
$245.7M
$330.6M
Q1 24
$189.5M
$353.1M
Net Profit
HL
HL
OPY
OPY
Q4 25
$134.4M
$74.4M
Q3 25
$100.7M
$21.7M
Q2 25
$57.7M
$21.7M
Q1 25
$28.9M
$30.7M
Q4 24
$11.9M
$10.7M
Q3 24
$1.8M
$24.5M
Q2 24
$27.9M
$10.3M
Q1 24
$-5.8M
$26.1M
Gross Margin
HL
HL
OPY
OPY
Q4 25
55.4%
Q3 25
44.1%
Q2 25
39.3%
Q1 25
28.3%
Q4 24
27.4%
Q3 24
24.2%
Q2 24
20.9%
Q1 24
10.1%
Operating Margin
HL
HL
OPY
OPY
Q4 25
49.1%
22.4%
Q3 25
36.3%
7.5%
Q2 25
30.8%
8.6%
Q1 25
20.0%
11.2%
Q4 24
15.3%
4.5%
Q3 24
9.2%
9.5%
Q2 24
16.5%
4.8%
Q1 24
2.7%
10.6%
Net Margin
HL
HL
OPY
OPY
Q4 25
30.0%
15.7%
Q3 25
24.6%
5.1%
Q2 25
19.0%
5.8%
Q1 25
11.0%
8.3%
Q4 24
4.8%
2.9%
Q3 24
0.7%
6.6%
Q2 24
11.3%
3.1%
Q1 24
-3.0%
7.4%
EPS (diluted)
HL
HL
OPY
OPY
Q4 25
$0.20
$6.51
Q3 25
$0.15
$1.90
Q2 25
$0.09
$1.91
Q1 25
$0.05
$2.72
Q4 24
$0.03
$0.92
Q3 24
$0.00
$2.16
Q2 24
$0.04
$0.92
Q1 24
$-0.01
$2.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HL
HL
OPY
OPY
Cash + ST InvestmentsLiquidity on hand
$301.2M
$38.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
$983.8M
Total Assets
$3.6B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HL
HL
OPY
OPY
Q4 25
$301.2M
$38.4M
Q3 25
$133.9M
$38.3M
Q2 25
$296.6M
$37.6M
Q1 25
$23.7M
$36.7M
Q4 24
$26.9M
$33.1M
Q3 24
$22.3M
$32.2M
Q2 24
$24.6M
$33.2M
Q1 24
$80.2M
$27.7M
Total Debt
HL
HL
OPY
OPY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$112.8M
Q2 24
$112.8M
Q1 24
$112.7M
Stockholders' Equity
HL
HL
OPY
OPY
Q4 25
$2.6B
$983.8M
Q3 25
$2.4B
$920.3M
Q2 25
$2.3B
$896.9M
Q1 25
$2.1B
$872.3M
Q4 24
$2.0B
$850.4M
Q3 24
$2.0B
$837.8M
Q2 24
$2.0B
$812.1M
Q1 24
$2.0B
$801.5M
Total Assets
HL
HL
OPY
OPY
Q4 25
$3.6B
$3.7B
Q3 25
$3.2B
$3.8B
Q2 25
$3.3B
$3.7B
Q1 25
$3.0B
$3.6B
Q4 24
$3.0B
$3.4B
Q3 24
$3.0B
$3.4B
Q2 24
$2.9B
$3.3B
Q1 24
$3.0B
$3.3B
Debt / Equity
HL
HL
OPY
OPY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HL
HL
OPY
OPY
Operating Cash FlowLast quarter
$217.1M
$188.8M
Free Cash FlowOCF − Capex
$134.7M
$183.6M
FCF MarginFCF / Revenue
30.1%
38.8%
Capex IntensityCapex / Revenue
18.4%
1.1%
Cash ConversionOCF / Net Profit
1.61×
2.54×
TTM Free Cash FlowTrailing 4 quarters
$310.2M
$191.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HL
HL
OPY
OPY
Q4 25
$217.1M
$188.8M
Q3 25
$148.0M
$63.4M
Q2 25
$161.8M
$40.1M
Q1 25
$35.7M
$-91.7M
Q4 24
$67.5M
$-108.2M
Q3 24
$55.0M
$11.4M
Q2 24
$78.7M
$-115.3M
Q1 24
$17.1M
$-79.0M
Free Cash Flow
HL
HL
OPY
OPY
Q4 25
$134.7M
$183.6M
Q3 25
$90.1M
$62.2M
Q2 25
$103.8M
$38.9M
Q1 25
$-18.4M
$-93.4M
Q4 24
$6.7M
$-113.3M
Q3 24
$-690.0K
$11.2M
Q2 24
$28.3M
$-116.7M
Q1 24
$-30.5M
$-79.3M
FCF Margin
HL
HL
OPY
OPY
Q4 25
30.1%
38.8%
Q3 25
22.0%
14.7%
Q2 25
34.1%
10.4%
Q1 25
-7.0%
-25.4%
Q4 24
2.7%
-30.2%
Q3 24
-0.3%
3.0%
Q2 24
11.5%
-35.3%
Q1 24
-16.1%
-22.5%
Capex Intensity
HL
HL
OPY
OPY
Q4 25
18.4%
1.1%
Q3 25
14.1%
0.3%
Q2 25
19.1%
0.3%
Q1 25
20.7%
0.5%
Q4 24
24.3%
1.4%
Q3 24
22.7%
0.1%
Q2 24
20.5%
0.4%
Q1 24
25.1%
0.1%
Cash Conversion
HL
HL
OPY
OPY
Q4 25
1.61×
2.54×
Q3 25
1.47×
2.92×
Q2 25
2.80×
1.85×
Q1 25
1.24×
-2.99×
Q4 24
5.66×
-10.08×
Q3 24
31.24×
0.47×
Q2 24
2.82×
-11.23×
Q1 24
-3.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HL
HL

Silver Contracts$258.5M58%
Gold$129.2M29%
Zinc$30.3M7%
Lead$23.3M5%
Environmental Remediation Services$9.2M2%

OPY
OPY

Advisory Fees$166.6M35%
Capital Markets Segment$155.5M33%
Other$57.2M12%
Commissions From Sales And Trading$52.9M11%
Bank Deposit Sweep Income$27.7M6%
Mutual Fund Income$8.9M2%
Investment Banking Capital Markets$3.3M1%

Related Comparisons