LPL Financial
LPLA Nasdaq· Investment Banking & Brokerage
Last close · Oct 26, 2026
$317.23
KIRA · Stoqly’s AI analyst, in plain words
- LPL Financial had $17.0B of revenue in fiscal 2025, up 37.2% on the year before. Over five years, revenue changed +23.7% a year on average.
- LPL Financial made $863M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 19.9% a year.
- Free cash flow was −$982M in fiscal 2025, −5.8% of revenue.
- LPL Financial returned $194M to shareholders in fiscal 2025. The diluted share count rose 4.8%.
- LPL Financial owes $6.1B more than it holds in cash, about 3.2 years of operating profit.
Market cap
$25.4B
P/E
25.2x
Revenue
$17.0B
Net income
$863M
Free cash flow
−$982M
Operating margin
—
LPL Financial in 30 seconds · fiscal 2025
Are sales growing?
+37.2%
Yes. Sales grew 37.2% last year.
Does it make a profit?
5.1%
A little. It keeps 5.1% of every sale as profit.
Does profit turn into cash?
−5.8%
No. It spent more cash than it brought in.
Is debt under control?
3.2x
Heavy. Repaying its debt would take 3.2 years of operating profit.
How is the share priced?
25.2x
One share costs 25.2 times its yearly profit per share. Typical for its sector: 13.7x.
What LPL Financial does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 23, 2026
- Legal name
- LPL Financial Holdings Inc.
- CIK
- 0001397911
LPL Financial · LPLA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $7.7B | $8.6B | $10.1B | $12.4B | $17.0B |
| Revenue growth | 31.5% | 11.4% | 16.9% | 23.2% | 37.2% |
| Net income | $460M | $846M | $1.1B | $1.1B | $863M |
| Net margin | 6.0% | 9.8% | 10.6% | 8.6% | 5.1% |
| Diluted EPS | $5.63 | $10.40 | $13.69 | $14.03 | $10.92 |
| Cash | |||||
| Cash from operations | $453M | $1.9B | $513M | $278M | −$411M |
| Capital expenditure | $216M | $307M | $403M | $563M | $570M |
| Free cash flow | $237M | $1.6B | $109M | −$285M | −$982M |
| FCF margin | 3.1% | 19.1% | 1.1% | −2.3% | −5.8% |
| Dividends paid | $80.1M | $79.8M | $92.2M | $89.7M | $94.4M |
| Share buybacks | $90.0M | $325M | $1.1B | $170M | $100M |
| Share count change | 1.3% | −0.6% | −4.2% | −3.1% | 4.8% |
| Debt and strength | |||||
| Cash and short-term investments | $544M | $900M | $557M | $1.0B | $1.1B |
| Debt incl. finance leases | $2.9B | $2.8B | $3.8B | $5.6B | $7.3B |
| Shareholders' equity | $1.7B | $2.2B | $2.1B | $2.9B | $5.3B |
| Net debt / EBITDA | 2.8x | 1.3x | 1.8x | 2.3x | 3.2x |
| Interest coverage | 6.8x | 9.8x | 8.7x | 6.1x | 3.9x |
| Returns and quality | |||||
| Return on capital | 15.5% | 23.2% | 25.5% | 19.7% | 12.3% |
| Return on equity | 30.8% | 44.1% | 50.2% | 42.3% | 20.9% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$7.7M
7 insiders
Of sales under plans
66%
$5.1M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
LPL Financial · LPLA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| LPL Financial LPLA | $25.4B | 37.2% | — | −5.8% | 12.3% | 25.2x | — |
| Interactive Brokers IBKR | $36.3B | 19.7% | — | 253.7% | — | 32.1x | — |
| Robinhood HOOD | $84.7B | 51.6% | — | 36.3% | — | 40.9x | — |
| Evercore EVR | $10.6B | 29.5% | — | 30.5% | — | 14.5x | 5 |
| Virtu Financial VIRT | $4.9B | 26.3% | — | 13.6% | 37.9% | 9.3x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $317.23 a share, the company is worth $25.4B: 25.2 times its earnings of the last four quarters.
LPL Financial grew sales faster than 3 of its 4 similar companies. Its P/E is higher than 2 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001397911). Data updated October 12, 2026. For information only — not investment advice. Check the original filings before relying on any figure.