vs

Side-by-side financial comparison of Metallus Inc. (MTUS) 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 $308.3M, roughly 1.5× Metallus Inc.). OPPENHEIMER HOLDINGS INC runs the higher net margin — 15.7% vs 1.8%, a 14.0% gap on every dollar of revenue. On growth, OPPENHEIMER HOLDINGS INC posted the faster year-over-year revenue change (25.9% vs 9.9%). Over the past eight quarters, OPPENHEIMER HOLDINGS INC's revenue compounded faster (15.7% CAGR vs 2.3%).

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.

MTUS vs OPY — Head-to-Head

Bigger by revenue
OPY
OPY
1.5× larger
OPY
$472.6M
$308.3M
MTUS
Growing faster (revenue YoY)
OPY
OPY
+16.0% gap
OPY
25.9%
9.9%
MTUS
Higher net margin
OPY
OPY
14.0% more per $
OPY
15.7%
1.8%
MTUS
Faster 2-yr revenue CAGR
OPY
OPY
Annualised
OPY
15.7%
2.3%
MTUS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MTUS
MTUS
OPY
OPY
Revenue
$308.3M
$472.6M
Net Profit
$5.4M
$74.4M
Gross Margin
8.1%
Operating Margin
22.4%
Net Margin
1.8%
15.7%
Revenue YoY
9.9%
25.9%
Net Profit YoY
315.4%
593.1%
EPS (diluted)
$0.13
$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
MTUS
MTUS
OPY
OPY
Q1 26
$308.3M
Q4 25
$267.3M
$472.6M
Q3 25
$305.9M
$424.4M
Q2 25
$304.6M
$373.2M
Q1 25
$280.5M
$367.8M
Q4 24
$240.5M
$375.4M
Q3 24
$227.2M
$373.4M
Q2 24
$294.7M
$330.6M
Net Profit
MTUS
MTUS
OPY
OPY
Q1 26
$5.4M
Q4 25
$-14.3M
$74.4M
Q3 25
$8.1M
$21.7M
Q2 25
$3.7M
$21.7M
Q1 25
$1.3M
$30.7M
Q4 24
$-21.4M
$10.7M
Q3 24
$-5.9M
$24.5M
Q2 24
$4.6M
$10.3M
Gross Margin
MTUS
MTUS
OPY
OPY
Q1 26
8.1%
Q4 25
2.2%
Q3 25
11.4%
Q2 25
10.6%
Q1 25
7.8%
Q4 24
4.5%
Q3 24
5.3%
Q2 24
8.2%
Operating Margin
MTUS
MTUS
OPY
OPY
Q1 26
Q4 25
-7.7%
22.4%
Q3 25
3.6%
7.5%
Q2 25
2.8%
8.6%
Q1 25
1.0%
11.2%
Q4 24
-10.1%
4.5%
Q3 24
-3.1%
9.5%
Q2 24
2.1%
4.8%
Net Margin
MTUS
MTUS
OPY
OPY
Q1 26
1.8%
Q4 25
-5.3%
15.7%
Q3 25
2.6%
5.1%
Q2 25
1.2%
5.8%
Q1 25
0.5%
8.3%
Q4 24
-8.9%
2.9%
Q3 24
-2.6%
6.6%
Q2 24
1.6%
3.1%
EPS (diluted)
MTUS
MTUS
OPY
OPY
Q1 26
$0.13
Q4 25
$-0.34
$6.51
Q3 25
$0.19
$1.90
Q2 25
$0.09
$1.91
Q1 25
$0.03
$2.72
Q4 24
$-0.46
$0.92
Q3 24
$-0.13
$2.16
Q2 24
$0.10
$0.92

Balance Sheet & Financial Strength

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

Metric
MTUS
MTUS
OPY
OPY
Cash + ST InvestmentsLiquidity on hand
$104.0M
$38.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$683.0M
$983.8M
Total Assets
$1.1B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTUS
MTUS
OPY
OPY
Q1 26
$104.0M
Q4 25
$156.7M
$38.4M
Q3 25
$191.5M
$38.3M
Q2 25
$190.8M
$37.6M
Q1 25
$180.3M
$36.7M
Q4 24
$240.7M
$33.1M
Q3 24
$254.6M
$32.2M
Q2 24
$272.8M
$33.2M
Total Debt
MTUS
MTUS
OPY
OPY
Q1 26
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$5.4M
Q4 24
$5.4M
$0
Q3 24
$13.2M
$112.8M
Q2 24
$13.2M
$112.8M
Stockholders' Equity
MTUS
MTUS
OPY
OPY
Q1 26
$683.0M
Q4 25
$686.0M
$983.8M
Q3 25
$697.7M
$920.3M
Q2 25
$690.0M
$896.9M
Q1 25
$686.1M
$872.3M
Q4 24
$690.5M
$850.4M
Q3 24
$712.7M
$837.8M
Q2 24
$736.3M
$812.1M
Total Assets
MTUS
MTUS
OPY
OPY
Q1 26
$1.1B
Q4 25
$1.1B
$3.7B
Q3 25
$1.2B
$3.8B
Q2 25
$1.1B
$3.7B
Q1 25
$1.1B
$3.6B
Q4 24
$1.1B
$3.4B
Q3 24
$1.1B
$3.4B
Q2 24
$1.1B
$3.3B
Debt / Equity
MTUS
MTUS
OPY
OPY
Q1 26
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.01×
Q4 24
0.01×
0.00×
Q3 24
0.02×
0.13×
Q2 24
0.02×
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
MTUS
MTUS
OPY
OPY
Operating Cash FlowLast quarter
$188.8M
Free Cash FlowOCF − Capex
$183.6M
FCF MarginFCF / Revenue
38.8%
Capex IntensityCapex / Revenue
0.0%
1.1%
Cash ConversionOCF / Net Profit
2.54×
TTM Free Cash FlowTrailing 4 quarters
$191.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTUS
MTUS
OPY
OPY
Q1 26
Q4 25
$-1.9M
$188.8M
Q3 25
$22.0M
$63.4M
Q2 25
$34.8M
$40.1M
Q1 25
$-38.9M
$-91.7M
Q4 24
$13.9M
$-108.2M
Q3 24
$-15.3M
$11.4M
Q2 24
$8.3M
$-115.3M
Free Cash Flow
MTUS
MTUS
OPY
OPY
Q1 26
Q4 25
$-37.2M
$183.6M
Q3 25
$-6.4M
$62.2M
Q2 25
$17.0M
$38.9M
Q1 25
$-66.4M
$-93.4M
Q4 24
$-1.3M
$-113.3M
Q3 24
$-32.9M
$11.2M
Q2 24
$-5.8M
$-116.7M
FCF Margin
MTUS
MTUS
OPY
OPY
Q1 26
Q4 25
-13.9%
38.8%
Q3 25
-2.1%
14.7%
Q2 25
5.6%
10.4%
Q1 25
-23.7%
-25.4%
Q4 24
-0.5%
-30.2%
Q3 24
-14.5%
3.0%
Q2 24
-2.0%
-35.3%
Capex Intensity
MTUS
MTUS
OPY
OPY
Q1 26
0.0%
Q4 25
13.2%
1.1%
Q3 25
9.3%
0.3%
Q2 25
5.8%
0.3%
Q1 25
9.8%
0.5%
Q4 24
6.3%
1.4%
Q3 24
7.7%
0.1%
Q2 24
4.8%
0.4%
Cash Conversion
MTUS
MTUS
OPY
OPY
Q1 26
Q4 25
2.54×
Q3 25
2.72×
2.92×
Q2 25
9.41×
1.85×
Q1 25
-29.92×
-2.99×
Q4 24
-10.08×
Q3 24
0.47×
Q2 24
1.80×
-11.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTUS
MTUS

Segment breakdown not available.

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