← OPPENHEIMER HOLDINGS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($1.2m) | $22.8m | $28.9m | $53.0m | $123.0m | $159.0m | $32.4m | $30.2m | $71.6m | $148.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $491k | $23.0m | $28.9m | — | — | — | $32.1m | $30.3m | $71.2m | $148.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | $53.0m | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($9.6m) | $21.9m | $28.9m | $53.0m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $10.1m | $1.1m | $0 | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | $0 | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.7m | $184k | ($16k) | — | — | $8k | ($241k) | $93k | ($310k) | ($444k) | |
| Depreciation and amortization | — | — | — | — | — | — | — | — | $10.8m | $11.0m | |
| Amortization of Debt Issuance Costs | $484k | $353k | $259k | $236k | $206k | $250k | $248k | $219k | $170k | $0 | |
| Amortization of Intangible Assets | — | — | — | — | — | — | $0 | $0 | $350k | $667k | |
| Depreciation, Amortization and Accretion, Net | $6.8m | $5.7m | $6.9m | $7.6m | $8.1m | $8.0m | $7.6m | $9.9m | $10.8m | $11.0m | |
| Deferred Income Tax Expense (Benefit) | $7.8m | ($1.5m) | $2.8m | $9.9m | $21.3m | ($792k) | ($14.6m) | $6.5m | $3.6m | $4.8m | |
| Share-based Payment Arrangement, Noncash Expense | $6.2m | $12.6m | $6.7m | $11.8m | $16.2m | $31.1m | $15.9m | $16.9m | $45.5m | $32.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $2.2m | $2.5m | $1.0m | $5.8m | $5.0m | $2.3m | $5.9m | $6.8m | $9.9m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | $0 | $0 | $0 | |
| Income Tax Expense (Benefit) | — | — | — | — | $46.0m | $65.7m | $13.4m | $16.5m | $34.5m | $63.2m | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Other Operating Assets | ($2.4m) | $37.1m | ($30.3m) | $53.7m | $105.4m | ($65.8m) | ($16.4m) | $11.2m | $14.6m | $40.2m | |
| Distributions paid to shareholders | $5.9m | $5.8m | $5.8m | $5.9m | $18.6m | $19.4m | $7.0m | $6.5m | $6.8m | $7.6m | |
| Goodwill | $137.9m | $137.9m | $137.9m | $137.9m | $137.9m | $137.9m | $137.9m | $142.2m | $143.6m | $143.6m | |
| Operating Expenses | $879.7m | $900.6m | $913.3m | $958.5m | $1.0b | $1.2b | $1.1b | $1.2b | $1.3b | $1.4b | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $561k | $689k | ($596k) | ($458k) | — | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $16.5m | $0 | $0 | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | ($67.5m) | ($16.1m) | $168.6m | $79.1m | ($54.1m) | $227.8m | $64.5m | ($18.8m) | ($108.2m) | $188.8m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.7m | $5.6m | $8.7m | $10.0m | $4.5m | $8.3m | $16.3m | $17.1m | $5.1m | $5.2m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $2.9m | $2.4m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | $39.7m | ($3.9m) | ($8.2m) | ($8.3m) | ($3.9m) | ($6.3m) | ($14.1m) | ($15.6m) | ($3.8m) | ($1.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | $200.0m | — | — | — | — | — | — | — | — | |
| Repayments of Long-term Debt | — | $150.0m | — | $50.0m | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $0 | $26k | $70k | $83k | $56k | $58k | $127k | $75k | $64k | $0 | |
| Payments for Repurchase of Common Stock | $3.9m | $7.5m | $5.9m | $8.4m | $15.0m | $7.7m | $60.6m | $35.1m | $9.6m | $3.0m | |
| Payments of Ordinary Dividends, Common Stock | $5.9m | $5.8m | $5.8m | $5.9m | $18.6m | $19.4m | $7.0m | $6.5m | $6.8m | $7.6m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | $3.1m | $0 | $0 | — | $13.7m | |
| Proceeds from (Payments for) Other Financing Activities | $45.6m | ($27.5m) | ($103.3m) | ($15.0m) | $82.0m | ($12.5m) | ($69.5m) | $0 | $252.1m | ($175.3m) | |
| Net Cash Provided by (Used in) Financing Activities | $29.3m | $3.2m | ($117.9m) | ($82.0m) | $13.9m | $84.6m | ($253.9m) | ($74.8m) | $116.3m | ($182.1m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | ($44.1m) | $306.1m | ($203.6m) | ($109.1m) | $4.3m | $5.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $341.5m | $138.0m | $28.8m | $33.1m | $38.4m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $19.7m | $23.9m | $53.6m | $40.7m | $19.0m | $10.1m | $22.8m | $68.4m | $88.8m | $86.9m | |
| Interest Income Operating Paid In Kind | $19.7m | $23.9m | $53.6m | $40.7m | $19.0m | $10.1m | $22.8m | $0 | $0 | $234k | |
| Income Taxes Paid, Net | — | — | $11.5m | $16.8m | $11.2m | $62.4m | $37.5m | $20.6m | $21.3m | $46.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.