vs
OPPENHEIMER HOLDINGS INC（OPY）与RBC Bearings INC（RBC）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RBC Bearings INC的1.0倍（$472.6M vs $461.6M），OPPENHEIMER HOLDINGS INC净利率更高（15.7% vs 14.6%，领先1.1%），OPPENHEIMER HOLDINGS INC同比增速更快（25.9% vs 17.0%），OPPENHEIMER HOLDINGS INC自由现金流更多（$183.6M vs $99.1M），过去两年OPPENHEIMER HOLDINGS INC的营收复合增速更高（15.7% vs 5.6%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
OPY vs RBC — 直观对比
营收规模更大
OPY
是对方的1.0倍
$461.6M
营收增速更快
OPY
高出8.9%
17.0%
净利率更高
OPY
高出1.1%
14.6%
自由现金流更多
OPY
多$84.5M
$99.1M
两年增速更快
OPY
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.6M | $461.6M |
| 净利润 | $74.4M | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 22.4% | 22.3% |
| 净利率 | 15.7% | 14.6% |
| 营收同比 | 25.9% | 17.0% |
| 净利润同比 | 593.1% | 16.4% |
| 每股收益（稀释后） | $6.51 | $2.13 |
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OPYRBC
| Q4 25 | $472.6M | $461.6M | ||
| Q3 25 | $424.4M | $455.3M | ||
| Q2 25 | $373.2M | $436.0M | ||
| Q1 25 | $367.8M | $437.7M | ||
| Q4 24 | $375.4M | $394.4M | ||
| Q3 24 | $373.4M | $397.9M | ||
| Q2 24 | $330.6M | $406.3M | ||
| Q1 24 | $353.1M | $413.7M |
净利润OPYRBC
| Q4 25 | $74.4M | $67.4M | ||
| Q3 25 | $21.7M | $60.0M | ||
| Q2 25 | $21.7M | $68.5M | ||
| Q1 25 | $30.7M | $72.7M | ||
| Q4 24 | $10.7M | $57.9M | ||
| Q3 24 | $24.5M | $54.2M | ||
| Q2 24 | $10.3M | $61.4M | ||
| Q1 24 | $26.1M | — |
毛利率OPYRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% | ||
| Q1 24 | — | 43.1% |
营业利润率OPYRBC
| Q4 25 | 22.4% | 22.3% | ||
| Q3 25 | 7.5% | 21.5% | ||
| Q2 25 | 8.6% | 23.2% | ||
| Q1 25 | 11.2% | 23.0% | ||
| Q4 24 | 4.5% | 21.7% | ||
| Q3 24 | 9.5% | 21.6% | ||
| Q2 24 | 4.8% | 24.0% | ||
| Q1 24 | 10.6% | 22.8% |
净利率OPYRBC
| Q4 25 | 15.7% | 14.6% | ||
| Q3 25 | 5.1% | 13.2% | ||
| Q2 25 | 5.8% | 15.7% | ||
| Q1 25 | 8.3% | 16.6% | ||
| Q4 24 | 2.9% | 14.7% | ||
| Q3 24 | 6.6% | 13.6% | ||
| Q2 24 | 3.1% | 15.1% | ||
| Q1 24 | 7.4% | — |
每股收益（稀释后）OPYRBC
| Q4 25 | $6.51 | $2.13 | ||
| Q3 25 | $1.90 | $1.90 | ||
| Q2 25 | $1.91 | $2.17 | ||
| Q1 25 | $2.72 | $2.33 | ||
| Q4 24 | $0.92 | $1.82 | ||
| Q3 24 | $2.16 | $1.65 | ||
| Q2 24 | $0.92 | $1.90 | ||
| Q1 24 | $2.37 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $983.8M | $3.3B |
| 总资产 | $3.7B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资OPYRBC
| Q4 25 | $38.4M | $107.6M | ||
| Q3 25 | $38.3M | $91.2M | ||
| Q2 25 | $37.6M | $132.9M | ||
| Q1 25 | $36.7M | $36.8M | ||
| Q4 24 | $33.1M | — | ||
| Q3 24 | $32.2M | — | ||
| Q2 24 | $33.2M | $76.8M | ||
| Q1 24 | $27.7M | $63.5M |
总债务OPYRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $112.8M | — | ||
| Q2 24 | $112.8M | — | ||
| Q1 24 | $112.7M | $1.2B |
股东权益OPYRBC
| Q4 25 | $983.8M | $3.3B | ||
| Q3 25 | $920.3M | $3.2B | ||
| Q2 25 | $896.9M | $3.1B | ||
| Q1 25 | $872.3M | $3.0B | ||
| Q4 24 | $850.4M | $2.9B | ||
| Q3 24 | $837.8M | $2.9B | ||
| Q2 24 | $812.1M | $2.8B | ||
| Q1 24 | $801.5M | $2.8B |
总资产OPYRBC
| Q4 25 | $3.7B | $5.1B | ||
| Q3 25 | $3.8B | $5.1B | ||
| Q2 25 | $3.7B | $4.8B | ||
| Q1 25 | $3.6B | $4.7B | ||
| Q4 24 | $3.4B | $4.7B | ||
| Q3 24 | $3.4B | $4.7B | ||
| Q2 24 | $3.3B | $4.7B | ||
| Q1 24 | $3.3B | $4.7B |
负债/权益比OPYRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.14× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $183.6M | $99.1M |
| 自由现金流率自由现金流/营收 | 38.8% | 21.5% |
| 资本支出强度资本支出/营收 | 1.1% | 5.0% |
| 现金转化率经营现金流/净利润 | 2.54× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $191.3M | — |
8季度趋势，按日历期对齐
经营现金流OPYRBC
| Q4 25 | $188.8M | $122.1M | ||
| Q3 25 | $63.4M | $88.4M | ||
| Q2 25 | $40.1M | $120.0M | ||
| Q1 25 | $-91.7M | — | ||
| Q4 24 | $-108.2M | $84.0M | ||
| Q3 24 | $11.4M | — | ||
| Q2 24 | $-115.3M | $97.4M | ||
| Q1 24 | $-79.0M | — |
自由现金流OPYRBC
| Q4 25 | $183.6M | $99.1M | ||
| Q3 25 | $62.2M | $71.7M | ||
| Q2 25 | $38.9M | $104.3M | ||
| Q1 25 | $-93.4M | — | ||
| Q4 24 | $-113.3M | $73.6M | ||
| Q3 24 | $11.2M | — | ||
| Q2 24 | $-116.7M | $88.4M | ||
| Q1 24 | $-79.3M | — |
自由现金流率OPYRBC
| Q4 25 | 38.8% | 21.5% | ||
| Q3 25 | 14.7% | 15.7% | ||
| Q2 25 | 10.4% | 23.9% | ||
| Q1 25 | -25.4% | — | ||
| Q4 24 | -30.2% | 18.7% | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | -35.3% | 21.8% | ||
| Q1 24 | -22.5% | — |
资本支出强度OPYRBC
| Q4 25 | 1.1% | 5.0% | ||
| Q3 25 | 0.3% | 3.7% | ||
| Q2 25 | 0.3% | 3.6% | ||
| Q1 25 | 0.5% | 3.2% | ||
| Q4 24 | 1.4% | 2.6% | ||
| Q3 24 | 0.1% | 4.1% | ||
| Q2 24 | 0.4% | 2.2% | ||
| Q1 24 | 0.1% | — |
现金转化率OPYRBC
| Q4 25 | 2.54× | 1.81× | ||
| Q3 25 | 2.92× | 1.47× | ||
| Q2 25 | 1.85× | 1.75× | ||
| Q1 25 | -2.99× | — | ||
| Q4 24 | -10.08× | 1.45× | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | -11.23× | 1.59× | ||
| Q1 24 | -3.03× | — |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
