Oppenheimer Holdings Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $148.4M | $71.6M | $30.2M | $32.4M | $159.0M | $123.0M | $53.0M | $28.9M |
| Depreciation & Amortization | $11.0M | $10.8M | $9.9M | $7.6M | $8.0M | $8.1M | $7.6M | $6.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $667.0K | $350.0K | $0 | $0 | — | — | — | — |
| Stock-Based Compensation | $32.2M | $45.5M | $16.9M | $15.9M | $31.1M | $16.2M | $11.8M | $6.7M |
| Net Cash from Operating Activities | $188.8M | $-108.2M | $-18.8M | $64.5M | $227.8M | $-54.1M | $79.1M | $168.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $5.2M | $5.1M | $17.1M | $16.3M | $8.3M | $4.5M | $10.0M | $8.7M |
| Business Acquisitions | $0 | $2.4M | $2.9M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-1.4M | $-3.8M | $-15.6M | $-14.1M | $-6.3M | $-3.9M | $-8.3M | $-8.2M |
| Financing Activities | ||||||||
| Dividends Paid | $7.6M | $6.8M | $6.5M | $7.0M | $19.4M | $18.6M | $5.9M | $5.8M |
| Stock Repurchases | $3.0M | $9.6M | $35.1M | $60.6M | $7.7M | $15.0M | $8.4M | $5.9M |
| Net Cash from Financing Activities | $-182.1M | $116.3M | $-74.8M | $-253.9M | $84.6M | $13.9M | $-82.0M | $-117.9M |
| Net Change in Cash | $5.3M | $4.3M | $-109.1M | $-203.6M | $306.1M | $-44.1M | $-11.1M | $42.5M |
| Free Cash Flow | $183.6M | $-113.3M | $-35.9M | $48.2M | $219.5M | $-58.6M | $69.1M | $159.9M |