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Side-by-side financial comparison of OPPENHEIMER HOLDINGS INC (OPY) and Zurn Elkay Water Solutions Corp (ZWS). Click either name above to swap in a different company.

OPPENHEIMER HOLDINGS INC is the larger business by last-quarter revenue ($472.6M vs $407.2M, roughly 1.2× Zurn Elkay Water Solutions Corp). OPPENHEIMER HOLDINGS INC runs the higher net margin — 15.7% vs 10.3%, a 5.4% gap on every dollar of revenue. On growth, OPPENHEIMER HOLDINGS INC posted the faster year-over-year revenue change (25.9% vs 9.8%). Over the past eight quarters, OPPENHEIMER HOLDINGS INC's revenue compounded faster (15.7% CAGR vs 4.4%).

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.

Zurn Elkay Water Solutions Corp designs, manufactures, and distributes a wide range of water management and dispensing products, including commercial plumbing fixtures, drinking fountains, water filtration systems, and flow control components. It serves commercial, residential, industrial, and public infrastructure markets primarily across North America, with a focus on delivering sustainable, water-efficient solutions for diverse end-user needs.

OPY vs ZWS — Head-to-Head

Bigger by revenue
OPY
OPY
1.2× larger
OPY
$472.6M
$407.2M
ZWS
Growing faster (revenue YoY)
OPY
OPY
+16.0% gap
OPY
25.9%
9.8%
ZWS
Higher net margin
OPY
OPY
5.4% more per $
OPY
15.7%
10.3%
ZWS
Faster 2-yr revenue CAGR
OPY
OPY
Annualised
OPY
15.7%
4.4%
ZWS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPY
OPY
ZWS
ZWS
Revenue
$472.6M
$407.2M
Net Profit
$74.4M
$42.1M
Gross Margin
44.4%
Operating Margin
22.4%
14.8%
Net Margin
15.7%
10.3%
Revenue YoY
25.9%
9.8%
Net Profit YoY
593.1%
15.7%
EPS (diluted)
$6.51
$0.24

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
OPY
OPY
ZWS
ZWS
Q4 25
$472.6M
$407.2M
Q3 25
$424.4M
$455.4M
Q2 25
$373.2M
$444.5M
Q1 25
$367.8M
$388.8M
Q4 24
$375.4M
$370.7M
Q3 24
$373.4M
$410.0M
Q2 24
$330.6M
$412.0M
Q1 24
$353.1M
$373.8M
Net Profit
OPY
OPY
ZWS
ZWS
Q4 25
$74.4M
$42.1M
Q3 25
$21.7M
$61.8M
Q2 25
$21.7M
$50.5M
Q1 25
$30.7M
$43.6M
Q4 24
$10.7M
$36.4M
Q3 24
$24.5M
$43.5M
Q2 24
$10.3M
$46.0M
Q1 24
$26.1M
$34.3M
Gross Margin
OPY
OPY
ZWS
ZWS
Q4 25
44.4%
Q3 25
44.1%
Q2 25
45.5%
Q1 25
46.6%
Q4 24
43.5%
Q3 24
46.2%
Q2 24
45.2%
Q1 24
45.5%
Operating Margin
OPY
OPY
ZWS
ZWS
Q4 25
22.4%
14.8%
Q3 25
7.5%
17.0%
Q2 25
8.6%
17.5%
Q1 25
11.2%
16.3%
Q4 24
4.5%
13.3%
Q3 24
9.5%
17.1%
Q2 24
4.8%
17.5%
Q1 24
10.6%
14.2%
Net Margin
OPY
OPY
ZWS
ZWS
Q4 25
15.7%
10.3%
Q3 25
5.1%
13.6%
Q2 25
5.8%
11.4%
Q1 25
8.3%
11.2%
Q4 24
2.9%
9.8%
Q3 24
6.6%
10.6%
Q2 24
3.1%
11.2%
Q1 24
7.4%
9.2%
EPS (diluted)
OPY
OPY
ZWS
ZWS
Q4 25
$6.51
$0.24
Q3 25
$1.90
$0.36
Q2 25
$1.91
$0.29
Q1 25
$2.72
$0.26
Q4 24
$0.92
$0.21
Q3 24
$2.16
$0.25
Q2 24
$0.92
$0.27
Q1 24
$2.37
$0.19

Balance Sheet & Financial Strength

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

Metric
OPY
OPY
ZWS
ZWS
Cash + ST InvestmentsLiquidity on hand
$38.4M
$300.5M
Total DebtLower is stronger
$496.5M
Stockholders' EquityBook value
$983.8M
$1.6B
Total Assets
$3.7B
$2.7B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPY
OPY
ZWS
ZWS
Q4 25
$38.4M
$300.5M
Q3 25
$38.3M
$260.1M
Q2 25
$37.6M
$201.9M
Q1 25
$36.7M
$144.7M
Q4 24
$33.1M
$198.0M
Q3 24
$32.2M
$187.9M
Q2 24
$33.2M
$162.7M
Q1 24
$27.7M
$157.1M
Total Debt
OPY
OPY
ZWS
ZWS
Q4 25
$496.5M
Q3 25
$496.4M
Q2 25
$495.9M
Q1 25
$495.8M
Q4 24
$0
$495.6M
Q3 24
$112.8M
$495.6M
Q2 24
$112.8M
$495.5M
Q1 24
$112.7M
$495.4M
Stockholders' Equity
OPY
OPY
ZWS
ZWS
Q4 25
$983.8M
$1.6B
Q3 25
$920.3M
$1.6B
Q2 25
$896.9M
$1.6B
Q1 25
$872.3M
$1.5B
Q4 24
$850.4M
$1.6B
Q3 24
$837.8M
$1.6B
Q2 24
$812.1M
$1.6B
Q1 24
$801.5M
$1.6B
Total Assets
OPY
OPY
ZWS
ZWS
Q4 25
$3.7B
$2.7B
Q3 25
$3.8B
$2.7B
Q2 25
$3.7B
$2.7B
Q1 25
$3.6B
$2.6B
Q4 24
$3.4B
$2.6B
Q3 24
$3.4B
$2.7B
Q2 24
$3.3B
$2.7B
Q1 24
$3.3B
$2.7B
Debt / Equity
OPY
OPY
ZWS
ZWS
Q4 25
0.31×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.32×
Q4 24
0.00×
0.31×
Q3 24
0.13×
0.31×
Q2 24
0.14×
0.31×
Q1 24
0.14×
0.31×

Cash Flow & Capital Efficiency

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

Metric
OPY
OPY
ZWS
ZWS
Operating Cash FlowLast quarter
$188.8M
$91.7M
Free Cash FlowOCF − Capex
$183.6M
FCF MarginFCF / Revenue
38.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.54×
2.18×
TTM Free Cash FlowTrailing 4 quarters
$191.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPY
OPY
ZWS
ZWS
Q4 25
$188.8M
$91.7M
Q3 25
$63.4M
$101.3M
Q2 25
$40.1M
$110.6M
Q1 25
$-91.7M
$42.9M
Q4 24
$-108.2M
$63.6M
Q3 24
$11.4M
$90.9M
Q2 24
$-115.3M
$85.1M
Q1 24
$-79.0M
$53.9M
Free Cash Flow
OPY
OPY
ZWS
ZWS
Q4 25
$183.6M
Q3 25
$62.2M
Q2 25
$38.9M
Q1 25
$-93.4M
Q4 24
$-113.3M
Q3 24
$11.2M
Q2 24
$-116.7M
Q1 24
$-79.3M
FCF Margin
OPY
OPY
ZWS
ZWS
Q4 25
38.8%
Q3 25
14.7%
Q2 25
10.4%
Q1 25
-25.4%
Q4 24
-30.2%
Q3 24
3.0%
Q2 24
-35.3%
Q1 24
-22.5%
Capex Intensity
OPY
OPY
ZWS
ZWS
Q4 25
1.1%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.5%
Q4 24
1.4%
Q3 24
0.1%
Q2 24
0.4%
Q1 24
0.1%
Cash Conversion
OPY
OPY
ZWS
ZWS
Q4 25
2.54×
2.18×
Q3 25
2.92×
1.64×
Q2 25
1.85×
2.19×
Q1 25
-2.99×
0.98×
Q4 24
-10.08×
1.75×
Q3 24
0.47×
2.09×
Q2 24
-11.23×
1.85×
Q1 24
-3.03×
1.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

ZWS
ZWS

Segment breakdown not available.

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