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OPPENHEIMER HOLDINGS INC（OPY）与胜牌（VVV）财务数据对比。点击上方公司名可切换其他公司
OPPENHEIMER HOLDINGS INC的季度营收约是胜牌的1.0倍（$472.6M vs $461.8M），OPPENHEIMER HOLDINGS INC净利率更高（15.7% vs -7.1%，领先22.8%），OPPENHEIMER HOLDINGS INC同比增速更快（25.9% vs 11.5%），OPPENHEIMER HOLDINGS INC自由现金流更多（$183.6M vs $7.4M），过去两年OPPENHEIMER HOLDINGS INC的营收复合增速更高（15.7% vs 9.0%）
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。
胜牌公司是总部位于美国肯塔基州列克星敦的汽车零售服务企业，授权推出多款胜牌 branded 的车用机油、添加剂及润滑油产品，旗下拥有胜牌即时换油、加拿大卓越换油、胜牌快速护理等汽车维修连锁品牌。截至2023年，胜牌是美国第二大换油服务提供商，市场份额达10%，门店数量超1650家。
OPY vs VVV — 直观对比
营收规模更大
OPY
是对方的1.0倍
$461.8M
营收增速更快
OPY
高出14.4%
11.5%
净利率更高
OPY
高出22.8%
-7.1%
自由现金流更多
OPY
多$176.2M
$7.4M
两年增速更快
OPY
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.6M | $461.8M |
| 净利润 | $74.4M | $-32.8M |
| 毛利率 | — | 37.4% |
| 营业利润率 | 22.4% | 4.0% |
| 净利率 | 15.7% | -7.1% |
| 营收同比 | 25.9% | 11.5% |
| 净利润同比 | 593.1% | -135.8% |
| 每股收益（稀释后） | $6.51 | $-0.26 |
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OPYVVV
| Q4 25 | $472.6M | $461.8M | ||
| Q3 25 | $424.4M | $453.8M | ||
| Q2 25 | $373.2M | $439.0M | ||
| Q1 25 | $367.8M | $403.2M | ||
| Q4 24 | $375.4M | $414.3M | ||
| Q3 24 | $373.4M | $435.5M | ||
| Q2 24 | $330.6M | $421.4M | ||
| Q1 24 | $353.1M | $388.7M |
净利润OPYVVV
| Q4 25 | $74.4M | $-32.8M | ||
| Q3 25 | $21.7M | $25.0M | ||
| Q2 25 | $21.7M | $56.5M | ||
| Q1 25 | $30.7M | $37.6M | ||
| Q4 24 | $10.7M | $91.6M | ||
| Q3 24 | $24.5M | $92.3M | ||
| Q2 24 | $10.3M | $45.9M | ||
| Q1 24 | $26.1M | $41.4M |
毛利率OPYVVV
| Q4 25 | — | 37.4% | ||
| Q3 25 | — | 39.1% | ||
| Q2 25 | — | 40.5% | ||
| Q1 25 | — | 37.3% | ||
| Q4 24 | — | 36.9% | ||
| Q3 24 | — | 39.1% | ||
| Q2 24 | — | 39.7% | ||
| Q1 24 | — | 37.6% |
营业利润率OPYVVV
| Q4 25 | 22.4% | 4.0% | ||
| Q3 25 | 7.5% | 18.6% | ||
| Q2 25 | 8.6% | 21.6% | ||
| Q1 25 | 11.2% | 16.6% | ||
| Q4 24 | 4.5% | 34.7% | ||
| Q3 24 | 9.5% | 30.9% | ||
| Q2 24 | 4.8% | 22.2% | ||
| Q1 24 | 10.6% | 19.7% |
净利率OPYVVV
| Q4 25 | 15.7% | -7.1% | ||
| Q3 25 | 5.1% | 5.5% | ||
| Q2 25 | 5.8% | 12.9% | ||
| Q1 25 | 8.3% | 9.3% | ||
| Q4 24 | 2.9% | 22.1% | ||
| Q3 24 | 6.6% | 21.2% | ||
| Q2 24 | 3.1% | 10.9% | ||
| Q1 24 | 7.4% | 10.7% |
每股收益（稀释后）OPYVVV
| Q4 25 | $6.51 | $-0.26 | ||
| Q3 25 | $1.90 | $0.20 | ||
| Q2 25 | $1.91 | $0.44 | ||
| Q1 25 | $2.72 | $0.29 | ||
| Q4 24 | $0.92 | $0.71 | ||
| Q3 24 | $2.16 | $0.70 | ||
| Q2 24 | $0.92 | $0.35 | ||
| Q1 24 | $2.37 | $0.32 |
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 | $69.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $983.8M | $307.6M |
| 总资产 | $3.7B | $3.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资OPYVVV
| Q4 25 | $38.4M | $69.9M | ||
| Q3 25 | $38.3M | $51.6M | ||
| Q2 25 | $37.6M | $68.3M | ||
| Q1 25 | $36.7M | $61.9M | ||
| Q4 24 | $33.1M | $60.0M | ||
| Q3 24 | $32.2M | $68.3M | ||
| Q2 24 | $33.2M | $65.7M | ||
| Q1 24 | $27.7M | $494.5M |
总债务OPYVVV
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $112.8M | — | ||
| Q2 24 | $112.8M | — | ||
| Q1 24 | $112.7M | — |
股东权益OPYVVV
| Q4 25 | $983.8M | $307.6M | ||
| Q3 25 | $920.3M | $338.5M | ||
| Q2 25 | $896.9M | $313.6M | ||
| Q1 25 | $872.3M | $248.7M | ||
| Q4 24 | $850.4M | $229.8M | ||
| Q3 24 | $837.8M | $185.6M | ||
| Q2 24 | $812.1M | $106.5M | ||
| Q1 24 | $801.5M | $60.1M |
总资产OPYVVV
| Q4 25 | $3.7B | $3.4B | ||
| Q3 25 | $3.8B | $2.7B | ||
| Q2 25 | $3.7B | $2.6B | ||
| Q1 25 | $3.6B | $2.5B | ||
| Q4 24 | $3.4B | $2.3B | ||
| Q3 24 | $3.4B | $2.4B | ||
| Q2 24 | $3.3B | $2.4B | ||
| Q1 24 | $3.3B | $2.8B |
负债/权益比OPYVVV
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.14× | — |
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 | $64.8M |
| 自由现金流经营现金流 - 资本支出 | $183.6M | $7.4M |
| 自由现金流率自由现金流/营收 | 38.8% | 1.6% |
| 资本支出强度资本支出/营收 | 1.1% | 12.4% |
| 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 | $57.8M |
8季度趋势，按日历期对齐
经营现金流OPYVVV
| Q4 25 | $188.8M | $64.8M | ||
| Q3 25 | $63.4M | $121.9M | ||
| Q2 25 | $40.1M | $86.9M | ||
| Q1 25 | $-91.7M | $47.2M | ||
| Q4 24 | $-108.2M | $41.2M | ||
| Q3 24 | $11.4M | $101.3M | ||
| Q2 24 | $-115.3M | $75.6M | ||
| Q1 24 | $-79.0M | $68.3M |
自由现金流OPYVVV
| Q4 25 | $183.6M | $7.4M | ||
| Q3 25 | $62.2M | $23.0M | ||
| Q2 25 | $38.9M | $32.0M | ||
| Q1 25 | $-93.4M | $-4.6M | ||
| Q4 24 | $-113.3M | $-12.4M | ||
| Q3 24 | $11.2M | $29.9M | ||
| Q2 24 | $-116.7M | $9.8M | ||
| Q1 24 | $-79.3M | $23.4M |
自由现金流率OPYVVV
| Q4 25 | 38.8% | 1.6% | ||
| Q3 25 | 14.7% | 5.1% | ||
| Q2 25 | 10.4% | 7.3% | ||
| Q1 25 | -25.4% | -1.1% | ||
| Q4 24 | -30.2% | -3.0% | ||
| Q3 24 | 3.0% | 6.9% | ||
| Q2 24 | -35.3% | 2.3% | ||
| Q1 24 | -22.5% | 6.0% |
资本支出强度OPYVVV
| Q4 25 | 1.1% | 12.4% | ||
| Q3 25 | 0.3% | 21.8% | ||
| Q2 25 | 0.3% | 12.5% | ||
| Q1 25 | 0.5% | 12.8% | ||
| Q4 24 | 1.4% | 12.9% | ||
| Q3 24 | 0.1% | 16.4% | ||
| Q2 24 | 0.4% | 15.6% | ||
| Q1 24 | 0.1% | 11.6% |
现金转化率OPYVVV
| Q4 25 | 2.54× | — | ||
| Q3 25 | 2.92× | 4.88× | ||
| Q2 25 | 1.85× | 1.54× | ||
| Q1 25 | -2.99× | 1.26× | ||
| Q4 24 | -10.08× | 0.45× | ||
| Q3 24 | 0.47× | 1.10× | ||
| Q2 24 | -11.23× | 1.65× | ||
| Q1 24 | -3.03× | 1.65× |
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% |
VVV
| Oil Change And Related Fees | $337.7M | 73% |
| Non Oil Change And Related Fees | $100.5M | 22% |
| Franchise Fees And Other | $23.6M | 5% |
