LPL Financial/$LPLA
1D1W1MYTD1Y5YMAX
Capital at risk
About LPL Financial
LPL Financial is the largest US independent broker/dealer, with more than 32,000 financial advisors, roughly 11 million customer accounts, and roughly $2.4 trillion in client assets under management or advisory affiliated with its platform at the end of 2025. The firm earns the bulk of its profit from interest income earned on client cash balances and from advisory fees, commissions, and asset-based fees. LPL specializes in providing turnkey wealth management services for affiliated independent advisors, but maintains a diverse array of affiliation modalities, running the gamut from more traditional employee models to a pure RIA custody approach. It earns tuck-in revenue from recordkeeping fees and the provision of software tools and services to its advisor base.
- Ticker
- $LPLA
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 10,081
- Headquarters
- San Diego, United States
- Website
- www.lpl.com
LPL Financial Metrics
BasicAdvanced
$28B
27.92
$12.55
0.48
$1.20
0.34%
Price and volume
Market cap
$28B
Beta
0.48
52-week high
$400.16
52-week low
$260.15
Average daily volume
672K
Dividend rate
$1.20
Financial strength
Current ratio
2.342
Quick ratio
2.285
Long term debt to equity
129.594
Total debt to equity
129.594
Dividend payout ratio (TTM)
9.54%
Profitability
Gross margin (TTM)
29.89%
Net profit margin (TTM)
5.25%
Operating margin (TTM)
10.89%
Effective tax rate (TTM)
26.16%
Revenue per employee (TTM)
$1,900,000
Management effectiveness
Return on assets (TTM)
5.40%
Return on equity (TTM)
18.59%
Valuation
Price to earnings (TTM)
27.916
Price to revenue (TTM)
1.46
Price to book
4.82
Price to tangible book (TTM)
-77.35
Price to free cash flow (TTM)
-29.786
Free cash flow yield (TTM)
-3.36%
Free cash flow per share (TTM)
-11.758
Dividend yield (TTM)
0.34%
Forward dividend yield
0.34%
Growth
Revenue change (TTM)
39.52%
Earnings per share change (TTM)
-14.07%
3-year revenue growth (CAGR)
27.65%
10-year revenue growth (CAGR)
16.92%
3-year earnings per share growth (CAGR)
-5.11%
10-year earnings per share growth (CAGR)
21.47%
3-year dividend per share growth (CAGR)
2.94%
10-year dividend per share growth (CAGR)
1.84%
What the Analysts think about LPL Financial
Analyst ratings (Buy, Hold, Sell) for LPL Financial stock.
Analyst projections of the future price of LPL Financial stock.
Bulls say / Bears say
Net income rose 39% year-over-year to $379 million in Q2 2026, with diluted EPS of $4.74, reflecting strong profitability growth compared to $273 million/$3.40 EPS in Q2 2025 (GlobeNewswire)
Total client assets grew 34% year-over-year to $2.6 trillion, with advisory assets climbing 46% to $1.5 trillion and advisory assets representing 60.4% of total assets, highlighting robust organic growth in fee-based assets (GlobeNewswire)
Management resumed share repurchases with $309 million bought back in Q2 2026, secured a $2.5 billion increase in repurchase authorization, and declared a $0.30 per share dividend, underscoring a strong capital return program (GlobeNewswire)
Operating expenses are rising as core G&A increased 22% year-over-year to $519 million in Q2 2026, prompting management to lower its full-year Core G&A outlook to $2.14–2.165 billion, signaling margin pressure from integration and scaling costs (GlobeNewswire)
Client cash balances fell by $2 billion sequentially to $57 billion in Q2 2026, reducing the base of low-cost funding and potentially dampening net interest income in a high-rate environment (GlobeNewswire)
LPL Financial LLC is facing a trade secret misappropriation and breach of contract lawsuit in the U.S. District Court for the Southern District of California, creating potential legal costs and reputational risks (Bloomberg Law)
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2026.
LPL Financial Financial Performance
Revenues and expenses
LPL Financial Earnings Performance
Company profitability
Upcoming events
No upcoming events
LPL Financial News
AllArticlesVideos
Funds containing LPL Financial
AllEURGBPUSD
Fund name | Fund size | $LPLA weighting |
|---|---|---|
VanEck Morningstar Wide Moat€GMVM | €407M | 2.63% |
VanEck Morningstar Wide Moat£MOGB | £354M | 2.63% |
iShares Ageing Population€AGED | €822M | 0.56% |
Amundi S&P 500£500G | £6.6B | 0.12% |
iShares Edge MSCI World Quality Factor$IWQU | $6.3B | 0.09% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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