Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Oppenheimer Gross Profit Assessment
According to company disclosure Oppenheimer Holdings Inc reported 917.53 M of gross profit. This is 67.46% lower than that of Financial sector, and 55.92% higher than that of Investment Brokerage - Regional industry, The Gross Profit for all stocks is 86.35% higher than the company.
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Oppenheimer is regarded third in gross profit category among related companies.
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