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LPL Financial (LPLA) Financials

LPL Financial logo
$387.55 +6.33 (+1.66%)
Closing price 04:00 PM Eastern
Extended Trading
$387.53 -0.02 (-0.01%)
As of 05:16 PM Eastern
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Annual Income Statements for LPL Financial

Annual Income Statements for LPL Financial

This table shows LPL Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 1,059 1,066 846 460 473 560 439 239 192 4,444
Consolidated Net Income / (Loss)		 1,059 1,066 846 460 473 560 439 239 192 169
Net Income / (Loss) Continuing Operations		 1,059 1,066 846 460 473 560 439 239 192 4,444
Total Pre-Tax Income 		1,393 1,445 1,112 601 626 742 593 365 298 283
Total Revenue		 12,385 10,053 8,475 7,616 5,766 5,495 5,188 4,235 4,049 8,491
Net Interest Income / (Expense)		 0.00 0.00 -126 -104 -106 -130 0.00 0.00 0.00 -59
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 0.00 126 104 106 130 0.00 0.00 0.00 59
Total Non-Interest Income		 12,385 10,053 8,601 7,721 5,872 5,625 5,188 4,235 4,049 8,550
Trust Fees by Commissions		 3,305 2,553 2,326 2,379 1,907 1,892 1,920 1,671 1,737 1,977
Other Service Charges		 3,430 3,205 2,322 1,788 1,608 1,703 1,475 2,586 2,312 946
Investment Banking Income		 5,462 4,136 3,875 3,525 2,328 1,983 1,793 - - 1,352
Other Non-Interest Income		 188 159 77 29 29 47 - - - 4,275
Total Non-Interest Expense		 10,992 8,608 7,363 7,015 5,140 4,753 4,596 3,870 3,752 3,933
Salaries and Employee Benefits		 8,888 6,895 6,146 5,921 4,306 3,944 3,684 3,127 3,037 3,305
Net Occupancy & Equipment Expense		 357 324 287 246 219 186 162 142 137 131
Marketing Expense		 589 459 340 302 208 206 209 172 149 139
Other Operating Expenses		 440 388 303 291 229 253 393 307 315 235
Depreciation Expense		 309 247 200 151 110 96 88 84 76 73
Amortization Expense		 135 107 88 79 67 65 60 38 38 38
Other Special Charges		 274 187 - 24 0.00 3.16 0.00 - 0.00 -
Income Tax Expense		 334 379 266 141 153 182 153 126 106 114
Basic Earnings per Share		 $14.17 $13.88 $10.60 $5.75 $5.96 $6.78 $4.99 $2.65 $2.15 $1.77
Weighted Average Basic Shares Outstanding		 74.71M 76.81M 79.80M 80.00M 79.24M 82.55M 88.12M 90.00M 89.07M 95.27M
Diluted Earnings per Share		 $14.03 $13.69 $10.40 $5.63 $5.86 $6.62 $4.85 $2.59 $2.13 $1.74
Weighted Average Diluted Shares Outstanding		 75.43M 77.86M 81.29M 81.74M 80.70M 84.62M 90.62M 92.12M 90.01M 96.79M
Weighted Average Basic & Diluted Shares Outstanding		 74.57M 74.45M 78.67M 79.97M 79.68M 79.62M 88.10M 90.10M 89.30M 95.40M
Cash Dividends to Common per Share		 $1.20 $1.20 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00

Quarterly Income Statements for LPL Financial

This table shows LPL Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 271 255 244 289 218 224 286 339 319 232
Consolidated Net Income / (Loss)		 271 255 244 289 218 224 286 339 319 232
Net Income / (Loss) Continuing Operations		 271 255 244 289 218 224 286 339 319 232
Total Pre-Tax Income 		341 347 330 374 294 318 389 444 419 307
Total Revenue		 3,705 3,041 2,867 2,773 2,689 2,522 2,424 2,418 2,269 2,130
Net Interest Income / (Expense)		 192 -68 -64 -60 7.48 0.00 -45 37 -72 -33
Total Interest Expense		 -192 68 64 60 -45 0.00 45 0.00 64 33
Total Non-Interest Income		 3,512 3,108 2,932 2,833 2,681 2,522 2,469 2,380 2,341 2,163
Trust Fees by Commissions		 965 807 787 746 682 644 623 604 582 585
Other Service Charges		 904 874 809 843 833 756 793 823 811 632
Investment Banking Income		 1,596 1,378 1,288 1,200 1,085 1,082 1,015 954 902 924
Other Non-Interest Income		 47 50 47 44 - 41 38 - - 22
Total Non-Interest Expense		 3,363 2,693 2,537 2,398 2,395 2,205 2,035 1,973 1,850 1,823
Salaries and Employee Benefits		 2,572 2,214 2,093 2,008 1,879 1,732 1,680 1,604 1,566 1,513
Net Occupancy & Equipment Expense		 94 88 89 86 80 81 86 78 77 72
Marketing Expense		 162 165 136 127 127 132 103 98 80 95
Other Operating Expenses		 126 116 118 81 114 119 81 74 77 69
Depreciation Expense		 92 78 71 67 68 65 58 56 54 52
Amortization Expense		 43 32 31 30 29 28 27 24 23 23
Income Tax Expense		 71 92 86 85 76 93 103 106 100 74
Basic Earnings per Share		 $3.63 $3.41 $3.26 $3.87 $2.93 $2.95 $3.70 $4.30 $4.01 $2.91
Weighted Average Basic Shares Outstanding		 74.71M 74.78M 74.73M 74.56M 76.81M 76.06M 77.23M 78.75M 79.80M 79.81M
Diluted Earnings per Share		 $3.58 $3.39 $3.23 $3.83 $2.89 $2.91 $3.65 $4.24 $3.93 $2.86
Weighted Average Diluted Shares Outstanding		 75.43M 75.41M 75.55M 75.46M 77.86M 77.15M 78.19M 79.97M 81.29M 81.25M
Weighted Average Basic & Diluted Shares Outstanding		 74.57M 74.88M 74.76M 74.71M 74.45M 75.62M 76.30M 77.67M 78.67M 79.60M

Annual Cash Flow Statements for LPL Financial

This table details how cash moves in and out of LPL Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 103 -556 1,065 273 327 -90 -64 67 135 312
Net Cash From Operating Activities		 278 513 1,946 453 790 624 582 453 389 279
Net Cash From Continuing Operating Activities		 278 513 1,946 453 790 624 582 453 389 279
Net Income / (Loss) Continuing Operations		 1,059 1,066 846 460 473 560 439 239 192 169
Consolidated Net Income / (Loss)		 1,059 1,066 846 460 473 560 439 239 192 169
Provision For Loan Losses		 19 16 14 9.17 5.82 6.70 6.11 2.79 4.06 2.54
Depreciation Expense		 309 247 200 151 110 96 88 84 76 73
Amortization Expense		 147 116 94 85 73 70 64 43 44 42
Non-Cash Adjustments to Reconcile Net Income		 391 263 154 228 111 98 104 87 56 34
Changes in Operating Assets and Liabilities, net		 -1,646 -1,195 638 -481 18 -207 -120 -1.92 18 -41
Net Cash From Investing Activities		 -1,592 -860 -376 -459 -187 -181 -162 -438 -127 -75
Net Cash From Continuing Investing Activities		 -1,592 -860 -376 -459 -187 -181 -162 -438 -127 -75
Purchase of Property, Leasehold Improvements and Equipment		 -563 -403 -307 -216 -156 -156 -133 -112 -128 -73
Purchase of Investment Securities		 -1,025 -462 -75 -248 -37 -30 -34 -329 -4.02 -4.60
Sale and/or Maturity of Investments		 5.00 5.50 5.00 5.00 5.10 5.00 5.00 3.01 5.00 3.36
Other Investing Activities, net		 -9.61 0.00 0.00 - - - - - - -1.14
Net Cash From Financing Activities		 1,417 -209 -504 279 -275 -533 -483 51 -127 108
Net Cash From Continuing Financing Activities		 1,417 -209 -504 279 -275 -533 -483 51 -127 108
Issuance of Debt		 3,448 2,467 815 2,859 1,806 923 0.00 2,612 0.00 1,149
Repayment of Debt		 -1,708 -1,462 -918 -2,422 -1,862 -907 -15 -2,429 -18 -588
Repurchase of Common Equity		 -170 -1,100 -325 -90 -150 -500 -418 -114 -25 -391
Payment of Dividends		 -90 -92 -80 -80 -79 -83 -88 -90 -89 -96
Other Financing Activities, Net		 -63 -22 3.17 11 9.65 34 38 73 4.41 34
Cash Interest Paid		 268 191 119 104 107 127 124 93 92 51
Cash Income Taxes Paid		 320 536 238 145 169 213 122 139 123 132

Quarterly Cash Flow Statements for LPL Financial

This table details how cash moves in and out of LPL Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -279 4.04 131 246 306 -138 30 -755 -442 1,925
Net Cash From Operating Activities		 -179 209 -179 426 143 173 403 -206 -177 2,125
Net Cash From Continuing Operating Activities		 -179 209 -179 426 143 173 403 -206 -176 2,125
Net Income / (Loss) Continuing Operations		 271 255 244 289 218 224 286 339 319 232
Consolidated Net Income / (Loss)		 271 255 244 289 218 224 286 339 319 232
Provision For Loan Losses		 5.48 3.90 6.93 2.67 4.10 4.01 4.49 3.35 1.74 4.09
Depreciation Expense		 92 78 71 67 68 65 58 56 54 52
Amortization Expense		 45 35 33 32 31 30 29 26 25 25
Non-Cash Adjustments to Reconcile Net Income		 81 101 113 96 43 73 70 77 1.61 37
Changes in Operating Assets and Liabilities, net		 -673 -265 -647 -61 -221 -223 -44 -707 -577 1,775
Net Cash From Investing Activities		 -1,035 -181 -246 -130 -202 -156 -151 -351 -99 -106
Net Cash From Continuing Investing Activities		 -1,035 -181 -246 -130 -202 -156 -151 -351 -99 -106
Purchase of Property, Leasehold Improvements and Equipment		 -166 -147 -129 -121 -106 -95 -101 -101 -74 -82
Purchase of Investment Securities		 -861 -35 -119 -10 -97 -63 -51 -251 -26 -24
Sale and/or Maturity of Investments		 1.25 1.25 1.25 1.25 1.25 1.25 1.25 1.75 1.25 1.25
Net Cash From Financing Activities		 935 -24 557 -50 365 -155 -221 -198 -167 -94
Net Cash From Continuing Financing Activities		 935 -24 557 -50 365 -155 -221 -198 -167 -94
Issuance of Debt		 2,170 - 1,033 245 1,721 139 472 135 350 -
Repayment of Debt		 -1,123 -2.68 -456 -127 -1,113 -24 -323 -2.68 -353 -4.55
Repurchase of Common Equity		 -100 - - -70 -225 -250 -350 -275 -150 -75
Payment of Dividends		 -22 -22 -22 -22 -23 -23 -23 -24 -20 -20
Other Financing Activities, Net		 10 1.00 1.67 -76 4.42 2.93 2.69 -32 5.95 5.92
Cash Interest Paid		 107 44 75 44 57 50 44 40 32 32
Cash Income Taxes Paid		 19 103 189 9.21 447 14 65 10 81 64

Annual Balance Sheets for LPL Financial

This table presents LPL Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 13,317 10,385 9,482 7,992 6,596 5,880 5,477 5,359 4,835 4,521
Cash and Due from Banks		 967 466 848 495 809 590 511 811 748 725
Restricted Cash		 1,717 2,115 2,290 1,577 990 882 1,051 815 43 699
Trading Account Securities		 57 91 53 49 42 76 47 42 26 28
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Customer and Other Receivables		 634 589 562 579 405 434 413 344 341 339
Premises and Equipment, Net		 1,210 933 780 659 583 533 461 413 387 275
Goodwill		 2,173 1,857 1,642 1,642 1,514 1,504 1,490 1,428 1,366 1,366
Intangible Assets		 1,483 672 428 455 397 440 484 414 354 392
Other Assets		 5,076 3,663 2,880 2,535 1,855 1,422 1,019 1,092 1,570 697
Total Liabilities & Shareholders' Equity		 13,317 10,385 9,482 7,992 6,596 5,880 5,477 5,359 4,835 4,521
Total Liabilities		 10,387 8,307 7,315 6,321 5,281 4,856 4,503 4,394 4,014 3,805
Short-Term Debt		 2,028 2,430 2,843 1,882 1,624 1,151 1,027 1,017 927 795
Other Short-Term Payables		 588 486 449 384 309 558 479 461 - 332
Long-Term Debt		 5,495 3,734 2,717 2,814 2,345 2,399 2,372 2,385 2,175 2,188
Other Long-Term Liabilities		 2,276 1,657 1,306 1,241 1,003 749 626 530 912 489
Total Equity & Noncontrolling Interests		 2,931 2,079 2,168 1,671 1,315 1,024 974 965 821 716
Total Preferred & Common Equity		 2,931 2,079 2,168 1,671 1,315 1,024 974 965 821 716
Total Common Equity		 2,931 2,079 2,168 1,671 1,315 1,024 974 965 821 716
Common Stock		 2,066 1,988 1,913 1,842 1,763 1,704 1,634 1,556 1,445 1,418
Retained Earnings		 5,067 4,085 3,101 2,328 1,943 1,555 1,070 718 570 469
Treasury Stock		 -4,202 -3,994 -2,847 -2,499 -2,391 -2,235 -1,731 -1,310 -1,195 -1,172

Quarterly Balance Sheets for LPL Financial

This table presents LPL Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 11,942 11,504 11,018 9,487 9,392 9,168 9,696
Cash and Due from Banks		 1,475 1,319 1,102 799 761 470 1,219
Restricted Cash		 1,488 1,640 1,725 1,476 1,652 1,913 2,360
Trading Account Securities		 111 90 57 53 50 51 62
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Customer and Other Receivables		 622 564 592 581 579 582 635
Premises and Equipment, Net		 1,145 1,066 987 883 850 816 751
Goodwill		 1,868 1,860 1,841 1,772 1,772 1,766 1,642
Intangible Assets		 782 783 691 641 606 580 428
Other Assets		 4,451 4,182 4,022 3,282 3,121 2,990 2,597
Total Liabilities & Shareholders' Equity		 11,942 11,504 11,018 9,487 9,392 9,168 9,696
Total Liabilities		 9,170 8,988 8,748 7,397 7,270 6,975 7,696
Short-Term Debt		 2,250 2,176 2,677 2,098 2,245 2,245 3,444
Other Short-Term Payables		 486 461 369 389 421 398 393
Long-Term Debt		 4,442 4,443 3,854 3,124 3,001 2,851 2,719
Other Long-Term Liabilities		 1,992 1,908 1,848 1,785 1,603 1,481 1,140
Total Equity & Noncontrolling Interests		 2,772 2,515 2,270 2,091 2,122 2,193 2,000
Total Preferred & Common Equity		 2,772 2,515 2,270 2,091 2,122 2,193 2,000
Total Common Equity		 2,772 2,515 2,270 2,091 2,122 2,193 2,000
Common Stock		 2,059 2,038 2,017 1,970 1,953 1,934 1,897
Retained Earnings		 4,815 4,579 4,354 3,887 3,683 3,419 2,800
Treasury Stock		 -4,102 -4,102 -4,101 -3,767 -3,514 -3,160 -2,697

Annual Metrics And Ratios for LPL Financial

This table displays calculated financial ratios and metrics derived from LPL Financial's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 23.20% 18.62% 11.27% 32.09% 4.93% 5.91% 22.52% 4.57% -52.31% 94.14%
EBITDA Growth		 2.23% 28.58% 67.82% 3.61% -10.92% 21.88% 51.59% 17.73% -91.07% 1,081.47%
EBIT Growth		 -3.59% 29.97% 84.87% -3.95% -15.60% 25.18% 62.56% 22.51% -93.47% 1,446.67%
NOPAT Growth		 -0.72% 26.08% 83.90% -2.70% -15.58% 27.40% 83.98% 24.45% 13.71% -5.20%
Net Income Growth		 -0.72% 26.08% 83.90% -2.70% -15.58% 27.40% 83.98% 24.45% 13.71% -5.20%
EPS Growth		 2.48% 31.63% 84.72% -3.92% -11.48% 36.49% 87.26% 21.60% 22.41% -0.57%
Operating Cash Flow Growth		 -45.85% -73.65% 329.36% -42.64% 26.62% 7.27% 28.30% 16.55% 39.18% 20.33%
Free Cash Flow Firm Growth		 -308.95% 207.04% 17.27% -161.26% -166.32% -17.14% 311.43% -541.03% 86.42% -286.18%
Invested Capital Growth		 26.82% 6.66% 21.37% 20.48% 15.54% 4.59% 0.13% 11.32% 6.05% 12.27%
Revenue Q/Q Growth		 10.76% 4.36% 2.44% 7.19% -17.78% 3.13% 30.17% 11.20% -51.08% 94.79%
EBITDA Q/Q Growth		 4.88% -5.50% 26.99% 0.74% -1.88% 0.84% 12.67% 4.61% -91.07% 995.10%
EBIT Q/Q Growth		 3.53% -7.99% 34.10% -1.52% -2.97% 0.34% 14.78% 6.16% -93.46% 1,333.38%
NOPAT Q/Q Growth		 5.29% -8.69% 33.24% -0.75% -3.10% 1.15% 14.66% 10.33% 8.43% -11.41%
Net Income Q/Q Growth		 5.29% -8.69% 33.24% -0.75% -3.10% 1.15% 14.66% 10.33% 8.43% -11.41%
EPS Q/Q Growth		 5.17% -7.06% 33.50% -1.05% -2.82% 3.12% 15.48% 10.21% 9.79% -11.22%
Operating Cash Flow Q/Q Growth		 -53.65% 164.93% -18.10% -13.84% 36.72% -30.32% 10.62% 80.99% 16.77% 29.10%
Free Cash Flow Firm Q/Q Growth		 -0.60% -72.67% 68.17% 4.87% -184.96% 97.26% 35.98% -4.68% 90.76% -237.93%
Invested Capital Q/Q Growth		 10.45% 12.71% -5.33% 7.73% 10.27% -0.25% 3.78% 5.25% 4.98% 15.11%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 14.92% 17.98% 16.59% 11.00% 14.02% 16.52% 14.35% 11.60% 10.30% 55.03%
EBIT Margin		 11.25% 14.37% 13.12% 7.90% 10.86% 13.50% 11.42% 8.61% 7.35% 53.68%
Profit (Net Income) Margin		 8.55% 10.61% 9.98% 6.04% 8.20% 10.19% 8.47% 5.64% 4.74% 1.99%
Tax Burden Percent		 76.00% 73.80% 76.08% 76.47% 75.49% 75.47% 74.15% 65.52% 64.51% 59.73%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 99.98% 6.20%
Effective Tax Rate		 24.00% 26.20% 23.92% 23.53% 24.51% 24.53% 25.85% 34.48% 35.49% 40.27%
Return on Invested Capital (ROIC)		 11.32% 13.35% 12.00% 7.89% 9.59% 12.52% 10.06% 5.76% 5.04% 4.83%
ROIC Less NNEP Spread (ROIC-NNEP)		 11.32% 13.35% 12.00% 7.89% 9.59% 12.52% 10.06% 5.76% 5.04% 4.83%
Return on Net Nonoperating Assets (RNNOA)		 30.94% 36.86% 32.07% 22.91% 30.83% 43.53% 35.27% 20.99% 19.95% 15.18%
Return on Equity (ROE)		 42.26% 50.22% 44.07% 30.81% 40.42% 56.05% 45.33% 26.75% 24.98% 20.01%
Cash Return on Invested Capital (CROIC)		 -12.32% 6.90% -7.31% -10.69% -4.83% 8.03% 9.92% -4.95% -0.84% -6.74%
Operating Return on Assets (OROA)		 11.75% 14.54% 12.72% 8.24% 10.04% 13.06% 10.94% 7.15% 6.36% 106.45%
Return on Assets (ROA)		 8.93% 10.73% 9.68% 6.30% 7.58% 9.86% 8.11% 4.69% 4.10% 3.94%
Return on Common Equity (ROCE)		 42.26% 50.22% 44.07% 30.81% 40.42% 56.05% 45.33% 26.75% 24.98% 20.01%
Return on Equity Simple (ROE_SIMPLE)		 36.12% 51.29% 39.02% 27.53% 35.95% 54.68% 45.12% 24.75% 23.38% 23.59%
Net Operating Profit after Tax (NOPAT)		 1,059 1,066 846 460 473 560 439 239 192 169
NOPAT Margin		 8.55% 10.61% 9.98% 6.04% 8.20% 10.19% 8.47% 5.64% 4.74% 1.99%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 79.40% 76.39% 79.92% 84.94% 82.09% 78.91% 78.15% 81.25% 82.07% 42.10%
Operating Expenses to Revenue		 88.75% 85.63% 86.88% 92.10% 89.14% 86.50% 88.58% 91.39% 92.65% 46.32%
Earnings before Interest and Taxes (EBIT)		 1,393 1,445 1,112 601 626 742 593 365 298 4,558
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 1,848 1,808 1,406 838 809 908 745 491 417 4,673
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 8.34 8.24 7.86 7.57 6.16 7.03 5.18 5.02 3.51 5.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 174.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 1.97 1.70 2.01 1.66 1.40 1.31 0.97 1.14 0.71 0.42
Price to Earnings (P/E)		 23.10 16.07 20.14 27.51 17.12 12.86 11.49 20.26 15.02 0.81
Dividend Yield		 0.37% 0.53% 0.47% 0.63% 0.98% 1.12% 1.72% 1.86% 3.09% 2.66%
Earnings Yield		 4.33% 6.22% 4.97% 3.64% 5.84% 7.78% 8.70% 4.94% 6.66% 124.20%
Enterprise Value to Invested Capital (EV/IC)		 2.80 2.51 2.52 2.40 1.94 2.03 1.57 1.52 1.32 1.39
Enterprise Value to Revenue (EV/Rev)		 2.36 2.06 2.30 2.01 1.78 1.69 1.33 1.56 1.28 0.61
Enterprise Value to EBITDA (EV/EBITDA)		 15.85 11.46 13.84 18.23 12.69 10.22 9.25 13.47 12.45 1.10
Enterprise Value to EBIT (EV/EBIT)		 21.03 14.34 17.50 25.40 16.39 12.51 11.62 18.15 17.45 1.13
Enterprise Value to NOPAT (EV/NOPAT)		 27.67 19.43 23.00 33.21 21.72 16.57 15.67 27.70 27.06 30.44
Enterprise Value to Operating Cash Flow (EV/OCF)		 105.51 40.41 10.00 33.71 12.99 14.87 11.84 14.60 13.35 18.39
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 37.57 0.00 0.00 0.00 25.82 15.88 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 2.57 2.96 2.57 2.81 3.02 3.47 3.49 3.53 3.78 4.17
Long-Term Debt to Equity		 1.87 1.80 1.25 1.68 1.78 2.34 2.43 2.47 2.65 3.06
Financial Leverage		 2.73 2.76 2.67 2.90 3.22 3.48 3.51 3.64 3.96 3.15
Leverage Ratio		 4.73 4.68 4.55 4.89 5.33 5.68 5.59 5.71 6.09 5.08
Compound Leverage Factor		 4.73 4.68 4.55 4.89 5.33 5.68 5.59 5.71 6.09 0.31
Debt to Total Capital		 71.96% 74.78% 71.95% 73.76% 75.12% 77.61% 77.73% 77.90% 79.07% 80.66%
Short-Term Debt to Total Capital		 19.40% 29.48% 36.79% 29.56% 30.74% 25.16% 23.49% 23.29% 23.62% 21.50%
Long-Term Debt to Total Capital		 52.56% 45.30% 35.17% 44.20% 44.38% 52.45% 54.24% 54.61% 55.45% 59.15%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 28.04% 25.22% 28.05% 26.24% 24.88% 22.39% 22.27% 22.10% 20.93% 19.34%
Debt to EBITDA		 4.07 3.41 3.95 5.61 4.91 3.91 4.56 6.93 7.43 0.64
Net Debt to EBITDA		 2.62 1.98 1.72 3.13 2.68 2.29 2.47 3.62 5.54 0.33
Long-Term Debt to EBITDA		 2.97 2.07 1.93 3.36 2.90 2.64 3.19 4.86 5.21 0.47
Debt to NOPAT		 7.11 5.78 6.57 10.21 8.40 6.34 7.73 14.24 16.16 17.68
Net Debt to NOPAT		 4.57 3.36 2.86 5.71 4.59 3.71 4.18 7.44 12.05 9.24
Long-Term Debt to NOPAT		 5.19 3.50 3.21 6.12 4.96 4.28 5.40 9.98 11.33 12.96
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1,152 551 -515 -623 -238 359 434 -205 -32 -236
Operating Cash Flow to CapEx		 49.35% 127.11% 634.57% 209.80% 507.90% 398.92% 438.31% 405.06% 304.70% 385.10%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 -4.08 -5.96 -2.25 2.76 0.00 0.00 0.00 -3.98
Operating Cash Flow to Interest Expense		 0.00 0.00 15.41 4.34 7.47 4.80 0.00 0.00 0.00 4.73
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 12.98 2.27 6.00 3.60 0.00 0.00 0.00 3.50
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 1.05 1.01 0.97 1.04 0.92 0.97 0.96 0.83 0.87 1.98
Fixed Asset Turnover		 11.56 11.73 11.78 12.27 10.33 11.05 11.87 10.59 12.22 34.69
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 10,453 8,243 7,728 6,367 5,284 4,574 4,373 4,367 3,923 3,699
Invested Capital Turnover		 1.32 1.26 1.20 1.31 1.17 1.23 1.19 1.02 1.06 2.43
Increase / (Decrease) in Invested Capital		 2,211 515 1,361 1,082 711 201 5.82 444 224 404
Enterprise Value (EV)		 29,287 20,714 19,454 15,274 10,264 9,279 6,887 6,617 5,194 5,138
Market Capitalization		 24,449 17,132 17,031 12,650 8,093 7,201 5,050 4,840 2,882 3,578
Book Value per Share		 $39.14 $27.49 $27.23 $20.84 $16.58 $12.67 $11.23 $10.70 $9.21 $7.53
Tangible Book Value per Share		 ($9.69) ($5.94) $1.22 ($5.33) ($7.52) ($11.38) ($11.54) ($9.72) ($10.08) ($10.97)
Total Capital		 10,453 8,243 7,728 6,367 5,284 4,574 4,373 4,367 3,923 3,699
Total Debt		 7,523 6,164 5,560 4,696 3,970 3,550 3,399 3,402 3,102 2,984
Total Long-Term Debt		 5,495 3,734 2,717 2,814 2,345 2,399 2,372 2,385 2,175 2,188
Net Debt		 4,839 3,582 2,423 2,624 2,171 2,078 1,837 1,777 2,312 1,560
Capital Expenditures (CapEx)		 563 403 307 216 156 156 133 112 128 73
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 7,523 6,164 5,560 4,696 3,970 3,550 3,399 3,402 3,102 2,984
Total Depreciation and Amortization (D&A)		 455 363 294 236 182 166 152 127 120 115
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $14.17 $13.88 $10.60 $5.75 $5.96 $6.78 $4.99 $2.65 $2.15 $1.77
Adjusted Weighted Average Basic Shares Outstanding		 74.71M 76.81M 79.80M 80.00M 79.24M 82.55M 88.12M 90.00M 89.07M 95.27M
Adjusted Diluted Earnings per Share		 $14.03 $13.69 $10.40 $5.63 $5.86 $6.62 $4.85 $2.59 $2.13 $1.74
Adjusted Weighted Average Diluted Shares Outstanding		 75.43M 77.86M 81.29M 81.74M 80.70M 84.62M 90.62M 92.12M 90.01M 96.79M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $6.78 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 74.57M 74.45M 78.67M 79.97M 79.68M 79.62M 84.45M 90.04M 90.07M 88.94M
Normalized Net Operating Profit after Tax (NOPAT)		 1,267 1,204 846 479 473 562 439 239 192 176
Normalized NOPAT Margin		 10.23% 11.98% 9.98% 6.28% 8.20% 10.23% 8.47% 5.64% 4.74% 2.07%
Pre Tax Income Margin		 11.25% 14.37% 13.12% 7.90% 10.86% 13.50% 11.42% 8.61% 7.35% 3.33%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 8.81 5.76 5.92 5.71 0.00 0.00 0.00 77.07
NOPAT to Interest Expense		 0.00 0.00 6.70 4.40 4.47 4.31 0.00 0.00 0.00 2.85
EBIT Less CapEx to Interest Expense		 0.00 0.00 6.38 3.69 4.45 4.50 0.00 0.00 0.00 75.84
NOPAT Less CapEx to Interest Expense		 0.00 0.00 4.27 2.34 3.00 3.10 0.00 0.00 0.00 1.63
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 8.48% 8.65% 9.44% 17.42% 16.74% 14.75% 20.11% 37.79% 46.41% 56.77%
Augmented Payout Ratio		 24.54% 111.82% 47.87% 36.99% 48.48% 104.12% 115.20% 85.41% 59.45% 288.33%

Quarterly Metrics And Ratios for LPL Financial

This table displays calculated financial ratios and metrics derived from LPL Financial's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 37.78% 20.55% 18.30% 14.67% 18.50% 18.43% 20.59% 17.05% 9.76% 6.83%
EBITDA Growth		 21.89% 11.85% -8.71% -10.08% -21.13% 7.67% 67.93% 118.07% 149.97% 92.02%
EBIT Growth		 16.17% 9.34% -15.11% -15.82% -29.92% 3.57% 83.13% 156.37% 206.99% 122.30%
NOPAT Growth		 24.45% 13.83% -14.61% -14.79% -31.82% -3.46% 77.84% 153.38% 195.22% 125.42%
Net Income Growth		 24.45% 13.83% -14.61% -14.79% -31.82% -3.46% 77.84% 153.38% 195.22% 125.42%
EPS Growth		 23.88% 16.49% -11.51% -9.67% -26.46% 1.75% 85.28% 158.54% 197.73% 126.98%
Operating Cash Flow Growth		 -225.42% 20.88% -144.41% 306.83% 180.73% -91.85% 454.22% -174.13% -169.66% 722.20%
Free Cash Flow Firm Growth		 -552.34% -276.48% -76.21% -57.69% 71.45% 153.15% -156.60% 9.15% -6.91% -99.12%
Invested Capital Growth		 26.82% 29.41% 23.98% 20.74% 6.66% -10.41% 18.49% 18.05% 21.37% 38.12%
Revenue Q/Q Growth		 21.84% 6.04% 3.42% 8.72% 6.59% 4.06% 0.25% 6.56% 6.53% 5.96%
EBITDA Q/Q Growth		 3.82% 6.14% -8.25% 20.57% -4.73% -13.38% -9.63% 5.75% 30.07% 35.10%
EBIT Q/Q Growth		 -1.75% 5.23% -11.79% 27.37% -7.52% -18.30% -12.53% 6.03% 36.67% 44.47%
NOPAT Q/Q Growth		 6.05% 4.72% -15.57% 32.73% -3.00% -21.44% -15.75% 6.21% 37.34% 44.71%
Net Income Q/Q Growth		 6.05% 4.72% -15.57% 32.73% -3.00% -21.44% -15.75% 6.21% 37.34% 44.71%
EPS Q/Q Growth		 5.60% 4.95% -15.67% 32.53% -0.69% -20.27% -13.92% 7.89% 37.41% 45.18%
Operating Cash Flow Q/Q Growth		 -185.40% 217.03% -142.00% 198.78% -17.68% -57.01% 295.62% -16.62% -108.31% 2,823.17%
Free Cash Flow Firm Q/Q Growth		 -2.36% -24.45% -24.53% -311.23% -127.69% 224.26% -11.44% 25.55% 48.44% -499.88%
Invested Capital Q/Q Growth		 10.45% 3.60% 3.79% 6.77% 12.71% -0.74% 1.08% -5.68% -5.33% 31.28%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 12.92% 15.17% 15.15% 17.08% 14.61% 16.35% 19.64% 21.78% 21.95% 17.98%
EBIT Margin		 9.21% 11.42% 11.51% 13.50% 10.93% 12.59% 16.04% 18.38% 18.48% 14.40%
Profit (Net Income) Margin		 7.31% 8.40% 8.50% 10.42% 8.09% 8.89% 11.78% 14.02% 14.06% 10.91%
Tax Burden Percent		 79.33% 73.50% 73.86% 77.17% 74.05% 70.60% 73.43% 76.24% 76.11% 75.74%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 20.67% 26.50% 26.14% 22.83% 25.95% 29.40% 26.57% 23.76% 23.89% 24.26%
Return on Invested Capital (ROIC)		 9.68% 11.19% 10.99% 13.23% 10.19% 11.07% 16.02% 18.38% 16.91% 12.82%
ROIC Less NNEP Spread (ROIC-NNEP)		 9.68% 11.19% 10.99% 13.23% 10.19% 11.07% 16.02% 18.38% 16.91% 12.82%
Return on Net Nonoperating Assets (RNNOA)		 26.45% 27.43% 28.12% 34.47% 28.12% 30.82% 38.86% 44.62% 45.19% 37.09%
Return on Equity (ROE)		 36.14% 38.62% 39.10% 47.71% 38.31% 41.89% 54.89% 62.99% 62.10% 49.91%
Cash Return on Invested Capital (CROIC)		 -12.32% -13.65% -9.60% -6.16% 6.90% 26.07% 0.38% -0.94% -7.31% -23.00%
Operating Return on Assets (OROA)		 9.63% 11.92% 11.75% 13.67% 11.06% 12.65% 17.31% 19.16% 17.92% 13.81%
Return on Assets (ROA)		 7.64% 8.76% 8.68% 10.55% 8.19% 8.93% 12.71% 14.61% 13.64% 10.46%
Return on Common Equity (ROCE)		 36.14% 38.62% 39.10% 47.71% 38.31% 41.89% 54.89% 62.99% 62.10% 49.91%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 36.27% 38.74% 44.77% 0.00% 55.86% 55.41% 47.92% 0.00% 31.74%
Net Operating Profit after Tax (NOPAT)		 271 255 244 289 218 224 286 339 319 232
NOPAT Margin		 7.31% 8.40% 8.50% 10.42% 8.09% 8.89% 11.78% 14.02% 14.06% 10.91%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 76.36% 81.13% 80.84% 80.09% 77.56% 77.10% 77.09% 73.63% 75.93% 78.86%
Operating Expenses to Revenue		 90.79% 88.58% 88.49% 86.50% 89.07% 87.41% 83.96% 81.62% 81.52% 85.60%
Earnings before Interest and Taxes (EBIT)		 341 347 330 374 294 318 389 444 419 307
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 479 461 434 474 393 412 476 527 498 383
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 8.34 6.27 8.28 8.78 8.24 8.63 7.91 7.20 7.86 8.63
Price to Tangible Book Value (P/TBV)		 0.00 143.58 0.00 0.00 0.00 0.00 0.00 0.00 174.84 0.00
Price to Revenue (P/Rev)		 1.97 1.56 1.95 1.95 1.70 1.87 1.82 1.79 2.01 2.09
Price to Earnings (P/E)		 23.10 17.30 21.38 19.61 16.07 15.45 14.27 15.03 20.14 27.18
Dividend Yield		 0.37% 0.52% 0.43% 0.46% 0.53% 0.49% 0.62% 0.52% 0.47% 0.46%
Earnings Yield		 4.33% 5.78% 4.68% 5.10% 6.22% 6.47% 7.01% 6.65% 4.97% 3.68%
Enterprise Value to Invested Capital (EV/IC)		 2.80 2.23 2.68 2.69 2.51 2.87 2.66 2.54 2.52 2.43
Enterprise Value to Revenue (EV/Rev)		 2.36 1.89 2.30 2.31 2.06 2.18 2.12 2.10 2.30 2.40
Enterprise Value to EBITDA (EV/EBITDA)		 15.85 11.99 14.30 13.47 11.46 10.97 10.41 10.95 13.84 17.92
Enterprise Value to EBIT (EV/EBIT)		 21.03 15.70 18.62 17.19 14.34 13.37 12.58 13.39 17.50 23.93
Enterprise Value to NOPAT (EV/NOPAT)		 27.67 21.01 25.14 23.25 19.43 17.97 16.68 17.61 23.00 31.25
Enterprise Value to Operating Cash Flow (EV/OCF)		 105.51 35.27 43.53 20.65 40.41 108.47 9.14 10.20 10.00 8.35
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 37.57 10.40 752.81 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 2.57 2.41 2.63 2.88 2.96 2.50 2.47 2.32 2.57 3.08
Long-Term Debt to Equity		 1.87 1.60 1.77 1.70 1.80 1.49 1.41 1.30 1.25 1.36
Financial Leverage		 2.73 2.45 2.56 2.61 2.76 2.78 2.43 2.43 2.67 2.89
Leverage Ratio		 4.73 4.41 4.51 4.52 4.68 4.69 4.32 4.31 4.55 4.77
Compound Leverage Factor		 4.73 4.41 4.51 4.52 4.68 4.69 4.32 4.31 4.55 4.77
Debt to Total Capital		 71.96% 70.71% 72.46% 74.21% 74.78% 71.41% 71.20% 69.91% 71.95% 75.51%
Short-Term Debt to Total Capital		 19.40% 23.78% 23.83% 30.42% 29.48% 28.69% 30.47% 30.80% 36.79% 42.19%
Long-Term Debt to Total Capital		 52.56% 46.94% 48.64% 43.79% 45.30% 42.72% 40.73% 39.11% 35.17% 33.31%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 28.04% 29.29% 27.54% 25.79% 25.22% 28.59% 28.80% 30.09% 28.05% 24.50%
Debt to EBITDA		 4.07 3.80 3.86 3.72 3.41 2.73 2.79 3.01 3.95 5.57
Net Debt to EBITDA		 2.62 2.12 2.14 2.11 1.98 1.54 1.50 1.60 1.72 2.33
Long-Term Debt to EBITDA		 2.97 2.52 2.59 2.20 2.07 1.63 1.59 1.69 1.93 2.46
Debt to NOPAT		 7.11 6.66 6.79 6.43 5.78 4.47 4.46 4.85 6.57 9.71
Net Debt to NOPAT		 4.57 3.71 3.76 3.64 3.36 2.52 2.41 2.58 2.86 4.07
Long-Term Debt to NOPAT		 5.19 4.42 4.56 3.79 3.50 2.68 2.55 2.71 3.21 4.28
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1,940 -1,895 -1,523 -1,223 -297 1,074 -864 -776 -1,042 -2,020
Operating Cash Flow to CapEx		 -108.01% 142.34% -138.74% 351.91% 134.67% 182.21% 398.26% -203.37% -237.27% 2,579.32%
Free Cash Flow to Firm to Interest Expense		 0.00 -27.96 -23.67 -20.35 0.00 0.00 -19.27 0.00 -16.20 -60.88
Operating Cash Flow to Interest Expense		 0.00 3.09 -2.78 7.09 0.00 0.00 8.98 0.00 -2.75 64.02
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.92 -4.78 5.07 0.00 0.00 6.73 0.00 -3.90 61.54
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 1.05 1.04 1.02 1.01 1.01 1.00 1.08 1.04 0.97 0.96
Fixed Asset Turnover		 11.56 11.03 11.13 11.33 11.73 11.78 11.72 11.75 11.78 12.02
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 10,453 9,464 9,135 8,801 8,243 7,313 7,368 7,289 7,728 8,163
Invested Capital Turnover		 1.32 1.33 1.29 1.27 1.26 1.24 1.36 1.31 1.20 1.18
Increase / (Decrease) in Invested Capital		 2,211 2,151 1,767 1,512 515 -850 1,150 1,114 1,361 2,253
Enterprise Value (EV)		 29,287 21,121 24,495 23,630 20,714 20,987 19,611 18,509 19,454 19,834
Market Capitalization		 24,449 17,392 20,835 19,926 17,132 18,039 16,779 15,796 17,031 17,250
Book Value per Share		 $39.14 $37.07 $33.67 $30.44 $27.49 $27.40 $27.32 $27.87 $27.23 $25.07
Tangible Book Value per Share		 ($9.69) $1.62 ($1.71) ($3.51) ($5.94) ($4.23) ($3.30) ($1.95) $1.22 ($0.89)
Total Capital		 10,453 9,464 9,135 8,801 8,243 7,313 7,368 7,289 7,728 8,163
Total Debt		 7,523 6,692 6,619 6,531 6,164 5,223 5,246 5,096 5,560 6,163
Total Long-Term Debt		 5,495 4,442 4,443 3,854 3,734 3,124 3,001 2,851 2,717 2,719
Net Debt		 4,839 3,729 3,661 3,704 3,582 2,948 2,833 2,713 2,423 2,584
Capital Expenditures (CapEx)		 166 147 129 121 106 95 101 101 74 82
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 7,523 6,692 6,619 6,531 6,164 5,223 5,246 5,096 5,560 6,163
Total Depreciation and Amortization (D&A)		 137 114 104 99 99 95 87 82 79 76
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $3.63 $3.41 $3.26 $3.87 $2.93 $2.95 $3.70 $4.30 $4.01 $2.91
Adjusted Weighted Average Basic Shares Outstanding		 74.71M 74.78M 74.73M 74.56M 76.81M 76.06M 77.23M 78.75M 79.80M 79.81M
Adjusted Diluted Earnings per Share		 $3.58 $3.39 $3.23 $3.83 $2.89 $2.91 $3.65 $4.24 $3.93 $2.86
Adjusted Weighted Average Diluted Shares Outstanding		 75.43M 75.41M 75.55M 75.46M 77.86M 77.15M 78.19M 79.97M 81.29M 81.25M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 74.57M 74.88M 74.76M 74.71M 74.45M 75.62M 76.30M 77.67M 78.67M 79.60M
Normalized Net Operating Profit after Tax (NOPAT)		 271 255 244 289 218 258 286 369 319 232
Normalized NOPAT Margin		 7.31% 8.40% 8.50% 10.42% 8.09% 10.25% 11.78% 15.25% 14.06% 10.91%
Pre Tax Income Margin		 9.21% 11.42% 11.51% 13.50% 10.93% 12.59% 16.04% 18.38% 18.48% 14.40%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 5.12 5.13 6.23 0.00 0.00 8.67 0.00 6.52 9.24
NOPAT to Interest Expense		 0.00 3.77 3.79 4.81 0.00 0.00 6.37 0.00 4.96 7.00
EBIT Less CapEx to Interest Expense		 0.00 2.96 3.13 4.21 0.00 0.00 6.42 0.00 5.36 6.76
NOPAT Less CapEx to Interest Expense		 0.00 1.60 1.79 2.79 0.00 0.00 4.11 0.00 3.81 4.52
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 8.48% 8.94% 9.27% 8.96% 8.65% 7.66% 7.36% 7.94% 9.44% 12.60%
Augmented Payout Ratio		 24.54% 38.28% 65.20% 97.04% 111.82% 95.44% 79.66% 60.28% 47.87% 48.05%

Frequently Asked Questions About LPL Financial's Financials

When does LPL Financial's financial year end?

According to the most recent income statement we have on file, LPL Financial's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has LPL Financial's net income changed over the last 9 years?

LPL Financial's net income appears to be on an upward trend, with a most recent value of $1.06 billion in 2024, rising from $168.78 million in 2015. The previous period was $1.07 billion in 2023. See LPL Financial's forecast for analyst expectations on what’s next for the company.

How has LPL Financial revenue changed over the last 9 years?

Over the last 9 years, LPL Financial's total revenue changed from $8.49 billion in 2015 to $12.39 billion in 2024, a change of 45.9%.

How much debt does LPL Financial have?

LPL Financial's total liabilities were at $10.39 billion at the end of 2024, a 25.0% increase from 2023, and a 172.9% increase since 2015.

How much cash does LPL Financial have?

In the past 9 years, LPL Financial's cash and equivalents has ranged from $465.67 million in 2023 to $967.08 million in 2024, and is currently $967.08 million as of their latest financial filing in 2024.

How has LPL Financial's book value per share changed over the last 9 years?

Over the last 9 years, LPL Financial's book value per share changed from 7.53 in 2015 to 39.14 in 2024, a change of 419.5%.


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This page (NASDAQ:LPLA) was last updated on 5/29/2025 by MarketBeat.com Staff
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