WallStSmart
LPLA

LPL Financial Holdings Inc

NASDAQ: LPLA · FINANCIAL SERVICES · CAPITAL MARKETS

$330.89
-0.85% today

Updated 2026-04-29

Market cap
$26.53B
P/E ratio
30.33
P/S ratio
1.60x
EPS (TTM)
$10.91
Dividend yield
0.36%
52W range
$282 – $403
Volume
0.9M

LPL Financial Holdings Inc (LPLA) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item20062007200820092010201120122013201420152016201720182019202020212022202320242025
Revenue$1.74B$2.72B$3.12B$2.75B$3.11B$3.48B$3.66B$4.14B$4.37B$4.28B$4.05B$4.28B$5.19B$5.62B$5.87B$7.72B$8.60B$10.05B$12.39B$16.99B
Revenue growth (YoY)+56.1%+14.7%-11.8%+13.2%+11.8%+5.2%+13.1%+5.6%-2.3%-5.3%+5.7%+21.2%+8.4%+4.4%+31.5%+11.4%+16.9%+23.2%+37.2%
Cost of revenue$1.37B$2.19B$2.51B$2.18B$2.71B$2.77B$2.91B$3.29B$3.47B$3.36B$3.09B$3.18B$3.75B$4.01B$4.38B$6.01B$6.23B$7.00B$9.02B$12.64B
Gross profit$371.43M$523.90M$610.13M$574.49M$407.30M$708.83M$749.55M$847.05M$904.12M$917.68M$957.69M$1.10B$1.44B$1.62B$1.49B$1.71B$2.37B$3.05B$3.37B$4.35B
Gross margin21.3%19.3%19.6%20.9%13.1%20.4%20.5%20.5%20.7%21.5%23.7%25.6%27.8%28.7%25.4%22.2%27.5%30.4%27.2%25.6%
R&D$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
SG&A$62.52M$102.72M$130.21M$124.74M$124.05M$133.76M$139.86M$157.19M$188.44M$195.50M$204.54M$213.68M$247.57M$259.91M$275.86M$319.06M$820.74M$396.92M$450.78M$177.06M
Operating income$180.27M$231.33M$225.66M$232.18M$53.46M$372.86M$327.54M$380.90M$384.83M$353.66M$393.99M$494.00M$717.66M$874.99M$731.84M$730.14M$1.24B$1.63B$1.67B$2.28B
Operating margin10.4%8.5%7.2%8.4%1.7%10.7%8.9%9.2%8.8%8.3%9.7%11.5%13.8%15.6%12.5%9.5%14.4%16.2%13.5%13.4%
EBITDA$245.62M$309.40M$308.79M$281.79M$87.59M$424.19M$377.21M$426.25M$443.08M$453.31M$507.96M$593.96M$865.57M$1.03B$908.93M$936.43M$1.53B$1.99B$2.11B$2.18B
EBITDA margin14.1%11.4%9.9%10.2%2.8%12.2%10.3%10.3%10.1%10.6%12.5%13.9%16.7%18.4%15.5%12.1%17.7%19.8%17.0%12.8%
EBIT$180.27M$230.65M$208.32M$173.49M$1.56M$351.45M$305.42M$342.75M$346.24M$341.69M$393.99M$471.60M$717.66M$871.84M$731.84M$705.74M$1.24B$1.63B$1.67B$1.55B
Interest expense$125.40M$122.82M$115.56M$100.92M$90.41M$68.76M$54.83M$51.45M$51.54M$59.14M$96.48M$107.03M$125.02M$130.00M$105.77M$104.41M$126.23M$186.80M$274.18M$403.41M
Income tax$21.22M$46.76M$47.27M$25.05M$-31.99M$112.30M$98.67M$109.45M$116.65M$113.77M$105.58M$125.71M$153.18M$181.96M$153.43M$141.46M$265.95M$378.52M$334.28M$286.48M
Effective tax rate38.7%43.4%51.0%34.5%36.0%39.7%39.4%37.6%39.6%40.3%35.5%34.5%25.8%24.5%24.5%23.5%23.9%26.2%24.0%24.9%
Net income$33.64M$61.07M$45.50M$47.52M$-56.86M$170.38M$151.92M$181.86M$178.04M$168.78M$191.93M$238.86M$439.46M$559.88M$472.64M$459.87M$845.70M$1.07B$1.06B$863.02M
Net income growth (YoY)+81.5%-25.5%+4.4%-219.7%+399.6%-10.8%+19.7%-2.1%-5.2%+13.7%+24.5%+84.0%+27.4%-15.6%-2.7%+83.9%+26.1%-0.7%-18.5%
Profit margin1.9%2.2%1.5%1.7%-1.8%4.9%4.1%4.4%4.1%3.9%4.7%5.6%8.5%10.0%8.0%6.0%9.8%10.6%8.5%5.1%