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LPL Financial Holdings Inc.

LPLAFinancial ServicesNASDAQ

Capital Markets

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Financials · Annual
Revenue
$16.99B
+37.2% YoY
Net Income
$863.0M
-18.5% YoY
EBITDA
$2.18B
+3.4% YoY

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About LPL Financial Holdings Inc.

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at. The company carries a $21.90B market cap, placing it firmly in the large-cap category. The company's brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account.

Key stats
Market Cap$21.90B
P/E (TTM)24.62
Fwd P/E9.62
EPS$11.12
Beta0.58
52W Change-28.6%
Dividend Yield0.44%
ROE20.4%
Analysis

The company holds $2.73B in cash, though total debt stands at $7.52B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. ROE of 20.4% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $8.60B (2022) to $16.99B (2025), reflecting a 98% increase over the period.

With a beta below 0.7, LPL Financial Holdings Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for LPL Financial Holdings Inc. and its sector.

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