vs
OPPENHEIMER HOLDINGS INC（OPY）与Dave & Buster's Entertainment, Inc.（PLAY）财务数据对比。点击上方公司名可切换其他公司
OPPENHEIMER HOLDINGS INC的季度营收约是Dave & Buster's Entertainment, Inc.的1.1倍（$472.6M vs $448.2M），OPPENHEIMER HOLDINGS INC净利率更高（15.7% vs -9.4%，领先25.1%），OPPENHEIMER HOLDINGS INC同比增速更快（25.9% vs -1.1%），OPPENHEIMER HOLDINGS INC自由现金流更多（$183.6M vs $-20.6M），过去两年OPPENHEIMER HOLDINGS INC的营收复合增速更高（15.7% vs -13.5%）
奥本海默控股是一家美国跨国独立投资银行与金融服务企业，面向全球客户提供投资银行、财务咨询、资本市场、资产管理及财富管理等相关产品与服务，目前总部设于纽约市宽街85号。
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
OPY vs PLAY — 直观对比
营收规模更大
OPY
是对方的1.1倍
$448.2M
营收增速更快
OPY
高出27.0%
-1.1%
净利率更高
OPY
高出25.1%
-9.4%
自由现金流更多
OPY
多$204.2M
$-20.6M
两年增速更快
OPY
近两年复合增速
-13.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.6M | $448.2M |
| 净利润 | $74.4M | $-42.1M |
| 毛利率 | — | 85.8% |
| 营业利润率 | 22.4% | -3.6% |
| 净利率 | 15.7% | -9.4% |
| 营收同比 | 25.9% | -1.1% |
| 净利润同比 | 593.1% | -28.7% |
| 每股收益（稀释后） | $6.51 | $-1.22 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收OPYPLAY
| Q4 25 | $472.6M | $448.2M | ||
| Q3 25 | $424.4M | $557.4M | ||
| Q2 25 | $373.2M | $567.7M | ||
| Q1 25 | $367.8M | $534.5M | ||
| Q4 24 | $375.4M | $453.0M | ||
| Q3 24 | $373.4M | $557.1M | ||
| Q2 24 | $330.6M | $588.1M | ||
| Q1 24 | $353.1M | $599.0M |
净利润OPYPLAY
| Q4 25 | $74.4M | $-42.1M | ||
| Q3 25 | $21.7M | $11.4M | ||
| Q2 25 | $21.7M | $21.7M | ||
| Q1 25 | $30.7M | $9.3M | ||
| Q4 24 | $10.7M | $-32.7M | ||
| Q3 24 | $24.5M | $40.3M | ||
| Q2 24 | $10.3M | $41.4M | ||
| Q1 24 | $26.1M | $36.1M |
毛利率OPYPLAY
| Q4 25 | — | 85.8% | ||
| Q3 25 | — | 86.3% | ||
| Q2 25 | — | 85.5% | ||
| Q1 25 | — | 85.5% | ||
| Q4 24 | — | 85.0% | ||
| Q3 24 | — | 85.3% | ||
| Q2 24 | — | 85.2% | ||
| Q1 24 | — | 84.1% |
营业利润率OPYPLAY
| Q4 25 | 22.4% | -3.6% | ||
| Q3 25 | 7.5% | 9.5% | ||
| Q2 25 | 8.6% | 11.1% | ||
| Q1 25 | 11.2% | 8.3% | ||
| Q4 24 | 4.5% | 1.4% | ||
| Q3 24 | 9.5% | 15.2% | ||
| Q2 24 | 4.8% | 14.5% | ||
| Q1 24 | 10.6% | 14.9% |
净利率OPYPLAY
| Q4 25 | 15.7% | -9.4% | ||
| Q3 25 | 5.1% | 2.0% | ||
| Q2 25 | 5.8% | 3.8% | ||
| Q1 25 | 8.3% | 1.7% | ||
| Q4 24 | 2.9% | -7.2% | ||
| Q3 24 | 6.6% | 7.2% | ||
| Q2 24 | 3.1% | 7.0% | ||
| Q1 24 | 7.4% | 6.0% |
每股收益（稀释后）OPYPLAY
| Q4 25 | $6.51 | $-1.22 | ||
| Q3 25 | $1.90 | $0.32 | ||
| Q2 25 | $1.91 | $0.62 | ||
| Q1 25 | $2.72 | $0.32 | ||
| Q4 24 | $0.92 | $-0.84 | ||
| Q3 24 | $2.16 | $0.99 | ||
| Q2 24 | $0.92 | $0.99 | ||
| Q1 24 | $2.37 | $0.95 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $38.4M | $13.6M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $983.8M | $130.8M |
| 总资产 | $3.7B | $4.1B |
| 负债/权益比越低杠杆越低 | — | 12.17× |
8季度趋势，按日历期对齐
现金及短期投资OPYPLAY
| Q4 25 | $38.4M | $13.6M | ||
| Q3 25 | $38.3M | $12.0M | ||
| Q2 25 | $37.6M | $11.9M | ||
| Q1 25 | $36.7M | $6.9M | ||
| Q4 24 | $33.1M | $8.6M | ||
| Q3 24 | $32.2M | $13.1M | ||
| Q2 24 | $33.2M | $32.1M | ||
| Q1 24 | $27.7M | $37.3M |
总债务OPYPLAY
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $0 | $1.5B | ||
| Q3 24 | $112.8M | $1.3B | ||
| Q2 24 | $112.8M | $1.3B | ||
| Q1 24 | $112.7M | $1.3B |
股东权益OPYPLAY
| Q4 25 | $983.8M | $130.8M | ||
| Q3 25 | $920.3M | $166.2M | ||
| Q2 25 | $896.9M | $146.8M | ||
| Q1 25 | $872.3M | $145.8M | ||
| Q4 24 | $850.4M | $226.6M | ||
| Q3 24 | $837.8M | $284.4M | ||
| Q2 24 | $812.1M | $292.5M | ||
| Q1 24 | $801.5M | $251.2M |
总资产OPYPLAY
| Q4 25 | $3.7B | $4.1B | ||
| Q3 25 | $3.8B | $4.1B | ||
| Q2 25 | $3.7B | $4.1B | ||
| Q1 25 | $3.6B | $4.0B | ||
| Q4 24 | $3.4B | $3.9B | ||
| Q3 24 | $3.4B | $3.8B | ||
| Q2 24 | $3.3B | $3.8B | ||
| Q1 24 | $3.3B | $3.8B |
负债/权益比OPYPLAY
| Q4 25 | — | 12.17× | ||
| Q3 25 | — | 9.57× | ||
| Q2 25 | — | 10.98× | ||
| Q1 25 | — | 10.45× | ||
| Q4 24 | 0.00× | 6.58× | ||
| Q3 24 | 0.13× | 4.72× | ||
| Q2 24 | 0.14× | 4.58× | ||
| Q1 24 | 0.14× | 5.33× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $188.8M | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $183.6M | $-20.6M |
| 自由现金流率自由现金流/营收 | 38.8% | -4.6% |
| 资本支出强度资本支出/营收 | 1.1% | 17.5% |
| 现金转化率经营现金流/净利润 | 2.54× | — |
| 过去12个月自由现金流最近4个季度 | $191.3M | $-195.6M |
8季度趋势，按日历期对齐
经营现金流OPYPLAY
| Q4 25 | $188.8M | $58.0M | ||
| Q3 25 | $63.4M | $34.0M | ||
| Q2 25 | $40.1M | $95.8M | ||
| Q1 25 | $-91.7M | $108.9M | ||
| Q4 24 | $-108.2M | $-7.2M | ||
| Q3 24 | $11.4M | $101.8M | ||
| Q2 24 | $-115.3M | $108.8M | ||
| Q1 24 | $-79.0M | $97.2M |
自由现金流OPYPLAY
| Q4 25 | $183.6M | $-20.6M | ||
| Q3 25 | $62.2M | $-55.2M | ||
| Q2 25 | $38.9M | $-58.8M | ||
| Q1 25 | $-93.4M | $-61.0M | ||
| Q4 24 | $-113.3M | $-138.4M | ||
| Q3 24 | $11.2M | $-14.3M | ||
| Q2 24 | $-116.7M | $-4.2M | ||
| Q1 24 | $-79.3M | $-25.4M |
自由现金流率OPYPLAY
| Q4 25 | 38.8% | -4.6% | ||
| Q3 25 | 14.7% | -9.9% | ||
| Q2 25 | 10.4% | -10.4% | ||
| Q1 25 | -25.4% | -11.4% | ||
| Q4 24 | -30.2% | -30.6% | ||
| Q3 24 | 3.0% | -2.6% | ||
| Q2 24 | -35.3% | -0.7% | ||
| Q1 24 | -22.5% | -4.2% |
资本支出强度OPYPLAY
| Q4 25 | 1.1% | 17.5% | ||
| Q3 25 | 0.3% | 16.0% | ||
| Q2 25 | 0.3% | 27.2% | ||
| Q1 25 | 0.5% | 31.8% | ||
| Q4 24 | 1.4% | 29.0% | ||
| Q3 24 | 0.1% | 20.8% | ||
| Q2 24 | 0.4% | 19.2% | ||
| Q1 24 | 0.1% | 20.5% |
现金转化率OPYPLAY
| Q4 25 | 2.54× | — | ||
| Q3 25 | 2.92× | 2.98× | ||
| Q2 25 | 1.85× | 4.41× | ||
| Q1 25 | -2.99× | 11.71× | ||
| Q4 24 | -10.08× | — | ||
| Q3 24 | 0.47× | 2.53× | ||
| Q2 24 | -11.23× | 2.63× | ||
| Q1 24 | -3.03× | 2.69× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
OPY
| Advisory Fees | $166.6M | 35% |
| Capital Markets Segment | $155.5M | 33% |
| Other | $57.2M | 12% |
| Commissions From Sales And Trading | $52.9M | 11% |
| Bank Deposit Sweep Income | $27.7M | 6% |
| Mutual Fund Income | $8.9M | 2% |
| Investment Banking Capital Markets | $3.3M | 1% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
