OPY vs. SPGI

Last updated Apr 1, 2026

Compare and contrast key facts about Oppenheimer Holdings Inc. (OPY) and S&P Global Inc. (SPGI).

Performance

OPY vs. SPGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oppenheimer Holdings Inc. (OPY) and S&P Global Inc. (SPGI). The values are adjusted to include any dividend payments, if applicable.

OPY vs. SPGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OPY Oppenheimer Holdings Inc.	23.64%	15.55%	57.30%	-0.89%	-7.21%	52.69%	20.41%	9.39%	-3.24%	47.70%
SPGI S&P Global Inc.	-18.42%	5.71%	13.94%	32.79%	-28.38%	44.68%	21.40%	62.27%	1.37%	59.32%

Fundamentals

Market Cap OPY : $1.02B SPGI : $128.50B
EPS OPY : $13.01 SPGI : $14.70
PE Ratio OPY : 6.86 SPGI : 28.94
PEG Ratio OPY : 0.16 SPGI : 3.78
PS Ratio OPY : 0.62 SPGI : 8.44
PB Ratio OPY : 1.11 SPGI : 4.11
Total Revenue (TTM) OPY : $1.64B SPGI : $15.34B
Gross Profit (TTM) OPY : $853.84M SPGI : $11.65B
EBITDA (TTM) OPY : $325.98M SPGI : $7.39B

Returns By Period

In the year-to-date period, OPY achieves a 23.64% return, which is significantly higher than SPGI's -18.42% return. Over the past 10 years, OPY has outperformed SPGI with an annualized return of 22.31%, while SPGI has yielded a comparatively lower 16.74% annualized return.

OPY

• 1D: 1.86%
• 1M: 3.36%
• YTD: 23.64%
• 6M: 22.86%
• 1Y: 53.12%
• 3Y*: 33.89%
• 5Y*: 19.34%
• 10Y*: 22.31%

SPGI

• 1D: 1.86%
• 1M: -3.74%
• YTD: -18.42%
• 6M: -12.23%
• 1Y: -15.63%
• 3Y*: 8.13%
• 5Y*: 4.10%
• 10Y*: 16.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

OPY vs. SPGI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OPY

OPY Risk / Return Rank: 84
OPY Sharpe Ratio Rank: 86
OPY Sortino Ratio Rank: 85
OPY Omega Ratio Rank: 81
OPY Calmar Ratio Rank: 84
OPY Martin Ratio Rank: 83

SPGI

SPGI Risk / Return Rank: 20
SPGI Sharpe Ratio Rank: 19
SPGI Sortino Ratio Rank: 19
SPGI Omega Ratio Rank: 18
SPGI Calmar Ratio Rank: 27
SPGI Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OPY vs. SPGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oppenheimer Holdings Inc. (OPY) and S&P Global Inc. (SPGI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	OPY	SPGI	Difference
Sharpe ratio Return per unit of total volatility	1.61	-0.53	+2.14
Sortino ratio Return per unit of downside risk	2.36	-0.53	+2.89
Omega ratio Gain probability vs. loss probability	1.29	0.92	+0.37
Calmar ratio Return relative to maximum drawdown	2.81	-0.48	+3.29
Martin ratio Return relative to average drawdown	6.78	-1.21	+7.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OPY vs. SPGI - Sharpe Ratio Comparison

The current OPY Sharpe Ratio is 1.61, which is higher than the SPGI Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of OPY and SPGI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OPY	SPGI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	-0.53	+2.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.17	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.65	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.45	-0.20

Correlation

The correlation between OPY and SPGI is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

OPY vs. SPGI - Dividend Comparison

OPY's dividend yield for the trailing twelve months is around 1.93%, more than SPGI's 0.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OPY Oppenheimer Holdings Inc.	1.93%	2.38%	1.03%	1.45%	1.42%	3.32%	4.71%	1.67%	1.72%	1.64%	2.37%	2.53%
SPGI S&P Global Inc.	0.91%	0.73%	0.73%	0.82%	0.99%	0.65%	0.82%	0.84%	1.18%	0.97%	1.34%	1.34%

Drawdowns

OPY vs. SPGI - Drawdown Comparison

The maximum OPY drawdown since its inception was -87.51%, which is greater than SPGI's maximum drawdown of -74.67%. Use the drawdown chart below to compare losses from any high point for OPY and SPGI.

Drawdown Indicators

	OPY	SPGI	Difference
Max Drawdown Largest peak-to-trough decline	-87.51%	-74.67%	-12.84%
Max Drawdown (1Y) Largest decline over 1 year	-19.35%	-30.48%	+11.13%
Max Drawdown (5Y) Largest decline over 5 years	-45.71%	-39.76%	-5.95%
Max Drawdown (10Y) Largest decline over 10 years	-54.94%	-39.76%	-15.18%
Current Drawdown Current decline from peak	-3.98%	-24.15%	+20.17%
Average Drawdown Average peak-to-trough decline	-31.63%	-15.16%	-16.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.01%	12.10%	-4.09%

Volatility

OPY vs. SPGI - Volatility Comparison

Oppenheimer Holdings Inc. (OPY) and S&P Global Inc. (SPGI) have volatilities of 7.89% and 7.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OPY	SPGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	7.59%	+0.30%
Volatility (6M) Calculated over the trailing 6-month period	24.03%	23.19%	+0.84%
Volatility (1Y) Calculated over the trailing 1-year period	33.22%	29.43%	+3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.37%	24.30%	+8.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.21%	25.92%	+9.29%

Financials

OPY vs. SPGI - Profitability Comparison

The chart below illustrates the profitability comparison between Oppenheimer Holdings Inc. and S&P Global Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OPY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Oppenheimer Holdings Inc. reported a gross profit of 466.43M and revenue of 472.63M. Therefore, the gross margin over that period was 98.7%.

SPGI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported a gross profit of 3.92B and revenue of 3.92B. Therefore, the gross margin over that period was 100.0%.

OPY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Oppenheimer Holdings Inc. reported an operating income of 126.11M and revenue of 472.63M, resulting in an operating margin of 26.7%.

SPGI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported an operating income of 1.67B and revenue of 3.92B, resulting in an operating margin of 42.8%.

OPY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Oppenheimer Holdings Inc. reported a net income of 74.36M and revenue of 472.63M, resulting in a net margin of 15.7%.

SPGI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported a net income of 1.13B and revenue of 3.92B, resulting in a net margin of 29.0%.