OPPENHEIMER HOLDINGS INC (OPY) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Private client division					617.9	592.8	504.2	521.5
Capital Markets		625.7	426.8	290.8	272.7	231.6	254.9	279.6
Asset Management		104.6	130.3	88.8	71.7	89.9	92.9	97.1
Europe/Middle East		51.7	45.8	31.6	29.3	36.4	39.0	40.6
Other		536.9	521.6	622.2
Total revenues [+]	1,110.9	1,318.9	1,124.4	1,033.4	958.2	920.3	857.8	897.8
Net interest income	84.6							49.0
Investment advisory								280.2
Other income								33.2
Revenue growth [+]	-15.8%	17.3%	8.8%	7.9%	4.1%	7.3%	-4.5%	-8.5%
Private client division					4.2%	17.6%	-3.3%	-10.4%
Capital Markets		46.6%	46.7%	6.6%	17.7%	-9.1%	-8.8%	-6.4%
Asset Management		-19.7%	46.8%	23.8%	-20.2%	-3.2%	-4.4%	-2.8%
Europe/Middle East		13.0%	44.8%	7.9%	-19.4%	-6.9%	-3.8%	-5.8%
Asia		-7.0%	78.7%	-8.0%	10.8%	-3.7%	-12.0%	-33.9%
Unit growth		0.0%	-1.1%	1.1%	0.0%	-1.1%	9.4%	-7.6%
Cost of goods sold [+]	740.8	946.9	833.3	719.9	668.4	663.3	645.5	673.7
Labor costs		886.8	771.0	657.7	607.2	602.1	584.7	610.8
Occupancy costs		60.1	62.4	62.2	61.2	61.2	60.8	62.8
Gross profit	370.1	372.0	291.1	313.5	289.8	257.0	212.3	224.1
Gross margin	33.3%	28.2%	25.9%	30.3%	30.2%	27.9%	24.7%	25.0%
Selling, general and administrative	59.9	1,169.4	1,029.7	958.5	913.3	900.8	879.7	900.2
Research and development		80.5	82.1	81.6	74.5	72.0	70.4	66.5
Other operating expenses	264.7	-1,102.6	-989.7	-801.5	-742.8	-771.4	-772.5	-756.5
EBITDA [+]		232.6	177.1	82.5	51.7	61.4	41.6	21.1
EBITDA growth	-80.4%	31.3%	114.6%	59.5%	-15.7%	47.7%	97.0%	-49.7%
EBITDA margin	4.1%	17.6%	15.8%	8.0%	5.4%	6.7%	4.8%	2.3%
Depreciation and amortization		8.0	8.1	7.6	6.9	5.7	6.8	7.2
EBIT [+]	45.6	224.6	169.0	74.9	44.9	55.7	34.8	13.9
EBIT growth	-79.7%	32.9%	125.6%	67.0%	-19.5%	60.3%	150.1%	-59.3%
EBIT margin	4.1%	17.0%	15.0%	7.2%	4.7%	6.1%	4.1%	1.5%
Interest expense, net [+]		30.8	14.3	-21.0	-17.2	0.0	30.8	16.3
Interest expense		46.3	49.2	96.4	98.9	76.9	67.1	16.3
Interest income		15.6	34.8	117.4	116.1	76.8	36.3
Other income (expense), net		30.8	14.3	-21.0	-17.2	-36.1	-25.9
Pre-tax income	45.6	224.6	169.0	74.9	44.9	19.6	-21.9	-2.4
Income taxes	13.4	65.7	46.0	22.0	16.0	-2.1	-12.3	-4.4
Tax rate	29.5%	29.2%	27.2%	29.3%	35.6%		56.0%	180.8%
Minority interest							1.7	0.9
Earnings from continuing ops	32.1	159.0	123.0	53.0	28.9	21.7	-20.9	-3.8
Earnings from discontinued ops							10.1	5.7
Net income	32.1	159.0	123.0	53.0	28.9	22.8	-10.8	2.0
Net margin	2.9%	12.1%	10.9%	5.1%	3.0%	2.5%	-1.3%	0.2%

Basic EPS [+]	$2.75	$12.57	$9.73	$4.10	$2.18	$1.64	($1.56)	($0.28)
Growth	-78.1%	29.3%	137.1%	88.2%	33.2%	-204.7%	466.0%	-187.0%
Diluted EPS [+]	$2.55	$11.70	$9.30	$3.82	$2.05	$1.59	($1.56)	($0.28)
Growth	-78.2%	25.8%	143.4%	86.1%	29.6%	-201.4%	466.0%	-191.2%

Dividends per share [+]		$1.54	$1.47	$0.46	$0.44	$0.44	$440.00	$440.00
Growth	-100.0%	4.7%	219.0%	4.6%	-0.1%	-99.9%	0.0%	99948.0%

Shares outstanding (basic) [+]	11.7	12.6	12.6	12.9	13.2	13.2	13.4	13.6
Growth	-7.7%	0.0%	-2.0%	-2.6%	0.0%	-0.9%	-2.0%	0.3%
Shares outstanding (diluted) [+]	12.6	13.6	13.2	13.9	14.1	13.7	13.4	13.6
Growth	-7.2%	2.8%	-4.6%	-1.5%	2.8%	2.3%	-2.0%	-4.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.