LPLA Stock Price, LPL Financial Holdings Quote, Chart

Market Summary

USD264.54-2.36

Market Closed

-0.88%

LPLA Stock Price

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LPLA RSI Chart

LPLA Valuation

Market Cap

19.9B

Price/Earnings (Trailing)

18.64

Price/Sales (Trailing)

1.98

EV/EBITDA

12.32

Price/Free Cashflow

181.77

LPLA Price/Sales (Trailing)

LPLA Profitability

EBT Margin

14.37%

Return on Equity

51.29%

Return on Assets

10.27%

Free Cashflow Yield

0.55%

LPLA Fundamentals

LPLA Revenue

Revenue (TTM)

10.1B

Rev. Growth (Yr)

13.31%

Rev. Growth (Qtr)

4.81%

LPLA Earnings

Earnings (TTM)

1.1B

Earnings Growth (Yr)

-31.82%

Earnings Growth (Qtr)

-3%

Breaking Down LPLA Revenue

Last 7 days

2.6%

Last 30 days

2.5%

Last 90 days

10.3%

Trailing 12 Months

30.0%

How does LPLA drawdown profile look like?

LPLA Financial Health

Debt/Equity

1.8

Debt/Cashflow

0.14

LPLA Investor Care

Dividend Yield

0.45%

Dividend/Share (TTM)

1.2

Buy Backs (1Y)

5.36%

Diluted EPS (TTM)

13.68

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	9.0B	9.4B	9.7B	10.1B
2022	8.1B	8.2B	8.4B	8.6B
2021	6.1B	6.6B	7.2B	7.7B
2020	5.7B	5.7B	5.7B	5.9B
2019	5.3B	5.4B	5.5B	5.6B
2018	4.5B	4.7B	5.0B	5.2B
2017	4.1B	4.1B	4.2B	4.3B
2016	4.2B	4.1B	4.1B	4.0B
2015	4.4B	4.4B	4.4B	4.3B
2014	4.3B	4.3B	4.4B	4.4B
2013	3.7B	3.8B	4.0B	4.1B
2012	3.5B	3.5B	3.5B	3.7B
2011	3.2B	3.3B	3.5B	3.5B
2010	2.8B	2.9B	3.0B	3.1B
2009	0	0	0	2.7B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of LPL Financial Holdings

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 26, 2024	bernard edward c	acquired	-	-	5.00	-
Mar 26, 2024	glavin william francis jr	acquired	-	-	16.00	-
Mar 26, 2024	mnookin allison	acquired	-	-	4.00	-
Mar 26, 2024	eberhart paulett	acquired	-	-	6.00	-
Mar 26, 2024	thomas corey e.	acquired	-	-	8.00	-
Mar 26, 2024	schifter richard p	acquired	-	-	22.00	-
Mar 26, 2024	putnam james s	acquired	-	-	12.00	-
Feb 26, 2024	audette matthew j	sold	-1,485,610	266	-5,574	cfo and head of business ops
Feb 26, 2024	arnold dan h.	acquired	114,926	39.48	2,911	president & ceo
Feb 26, 2024	gates greg	sold	-3,035,700	266	-11,401	managing director

Which funds bought or sold LPLA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Shepherd Financial Partners LLC	reduced	-31.9	-963,165	3,634,110	0.48%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	added	15.56	3,508	13,508	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-76.92	-4,333	1,585	-%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	unchanged	-	3,664	26,419	-%
Apr 23, 2024	CIGNA INVESTMENTS INC /NEW	new	-	211,000	211,000	0.04%
Apr 23, 2024	AMALGAMATED BANK	reduced	-27.05	-351,000	1,936,000	0.02%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-13.75	-1,643	72,983	-%
Apr 23, 2024	Tennessee Valley Asset Management Partners	sold off	-100	-73,366	-	-%
Apr 23, 2024	Venturi Wealth Management, LLC	added	5.08	2,120,780	11,775,200	0.76%
Apr 23, 2024	Gradient Investments LLC	reduced	-10.63	156,389	4,350,080	0.10%

Are Funds Buying or Selling LPLA?

Are funds buying LPLA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LPLA

No. of Funds

Unveiling LPL Financial Holdings's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.44%	7,141,049	SC 13G/A
Feb 12, 2024	blackrock inc.	7.9%	5,961,389	SC 13G/A
Apr 10, 2023	vanguard group inc	10.09%	7,938,028	SC 13G/A
Feb 09, 2023	vanguard group inc	9.51%	7,568,439	SC 13G/A
Feb 09, 2023	janus henderson group plc	4.4%	3,462,824	SC 13G/A
Feb 03, 2023	blackrock inc.	7.9%	6,292,224	SC 13G
Dec 09, 2022	janus henderson group plc	4.5%	3,581,721	SC 13G/A
Feb 11, 2022	janus henderson group plc	10.0%	8,049,630	SC 13G/A
Feb 04, 2022	wellington management group llp	4.15%	3,325,880	SC 13G/A
Feb 11, 2021	janus henderson group plc	10.2%	8,118,279	SC 13G/A

Recent SEC filings of LPL Financial Holdings

View All Filings

Date Filed	Form Type	Document
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	DEFA14A	DEFA14A
Mar 28, 2024	DEF 14A	DEF 14A
Mar 28, 2024	ARS	ARS
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading

Peers (Alternatives to LPL Financial Holdings)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	138.0B	68.5B	4.20%	23.24%	16.21	2.01	136.06%	-24.38%
CME	77.8B	5.6B	1.07%	15.80%	24.13	13.85	-0.62%	19.89%
ICE	75.8B	9.9B	-2.86%	22.61%	32	7.65	2.77%	63.76%
COIN	55.7B	3.1B	-7.48%	331.78%	587.56	17.93	-2.69%	103.61%
FDS	16.0B	2.2B	-6.21%	-0.60%	32.69	7.43	7.26%	9.28%
IBKR	12.0B	6.2B	5.73%	41.72%	4.28	1.93	131.94%	52.66%
MID-CAP
JEF	9.5B	8.2B	-1.63%	43.44%	36.03	1.15	17.04%	-76.58%
HLI	8.3B	1.8B	3.39%	38.25%	32.2	4.53	0.16%	-0.33%
EVR	7.5B	2.4B	2.08%	60.46%	29.25	3.06	-12.10%	-46.39%
CLSK	4.1B	214.4M	6.10%	453.74%	-50.29	19.15	75.40%	19.03%
FRHC	3.9B	1.4B	-5.81%	-14.57%	11.69	2.8	96.15%	398.80%
SMALL-CAP
DFIN	1.9B	797.2M	6.73%	46.72%	23.14	2.39	-4.37%	-19.80%
AMRK	862.5M	10.0B	34.31%	5.71%	7.81	0.09	24.24%	-27.96%
COHN	12.6M	83.0M	-9.03%	2.60%	-2.15	0.15	15.07%	81.87%
AAMC	8.1M	3.2M	-1.24%	-96.10%	-0.25	2.56	-44.67%	-104.26%

LPL Financial Holdings News

Latest updates

LPL Financial Holdings Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	4.8%	2,644	2,522	2,469	2,418	2,333	2,163	2,039	2,066	2,094	2,021	1,898	1,708	1,581	1,460	1,367	1,463	1,448	1,416	1,390	1,372	1,317
Costs and Expenses	6.6%	2,350	2,205	2,080	1,973	1,914	1,856	1,827	1,892	1,958	1,883	1,737	1,542	1,516	1,300	1,203	1,226	1,382	1,206	1,161	1,135	-
EBITDA Margin	-7.7%	0.19*	0.20*	0.21*	0.19*	0.17*	0.14*	0.11*	0.11*	0.11*	0.12*	0.12*	0.13*	-	-	-	-	-	-	-	-	-
Interest Expenses	12.5%	54.00	48.00	45.00	39.00	37.00	33.00	29.00	27.00	27.00	27.00	25.00	25.00	35.00	7.00	7.00	38.00	94.00	12.00	12.00	12.00	12.00
Income Taxes	-18.4%	76.00	93.00	103	106	100	74.00	52.00	40.00	28.00	35.00	43.00	36.00	34.00	32.00	36.00	52.00	38.00	46.00	49.00	48.00	42.00
Earnings Before Taxes	-7.5%	294	318	389	444	419	307	212	173	137	138	162	165	146	135	137	208	165	178	195	204	162
EBT Margin	-10.8%	0.14*	0.16*	0.17*	0.15*	0.13*	0.10*	0.08*	0.08*	0.08*	0.08*	0.09*	0.10*	-	-	-	-	-	-	-	-	-
Net Income	-3.0%	218	224	286	339	319	232	161	134	108	103	119	130	112	104	102	156	127	132	146	155	120
Net Income Margin	-11.5%	0.11*	0.12*	0.13*	0.12*	0.10*	0.08*	0.06*	0.06*	0.06*	0.06*	0.07*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	-53.0%	37.00	78.00	302	-307	-251	2,042	-3.58	-148	177	203	-163	19.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	9.5%	10,385	9,487	9,392	9,168	9,482	9,696	7,736	7,773	7,992	7,556	7,220	6,615	6,596	6,091	5,906	6,111	5,880	5,741	5,364	5,492	5,477
Cash Equivalents	-41.7%	466	799	761	470	848	1,219	700	1,010	495	978	907	839	1,799	801	845	418	1,472	930	404	677	1,562
Net PPE	-100.0%	-	883	850	816	780	751	726	686	659	625	601	589	583	571	556	543	533	504	486	473	461
Goodwill	4.8%	1,857	1,772	1,772	1,766	1,642	1,642	1,642	1,642	1,642	1,641	1,647	1,514	1,514	1,504	1,504	1,504	1,504	1,503	1,490	1,490	1,490
Liabilities	12.3%	8,307	7,397	7,270	6,975	7,315	7,696	5,892	6,038	6,321	5,939	5,665	5,181	5,281	4,883	4,798	5,099	4,856	4,721	4,339	4,482	4,503
Long Term Debt	19.5%	3,734	3,124	3,001	2,851	2,717	2,719	2,721	2,722	2,814	2,726	2,727	2,333	2,345	2,348	2,350	2,468	2,399	2,360	2,363	2,369	2,372
Shareholder's Equity	-0.6%	2,079	2,091	2,122	2,193	2,168	2,000	1,844	1,735	1,671	1,616	1,555	1,434	1,315	1,207	1,108	1,011	1,024	1,020	1,025	1,010	974
Retained Earnings	5.1%	4,085	3,887	3,683	3,419	3,101	2,800	2,585	2,443	2,328	2,238	2,154	2,053	1,943	1,850	1,766	1,684	1,555	1,448	1,336	1,210	1,070
Additional Paid-In Capital	0.9%	1,988	1,970	1,953	1,934	1,913	1,896	1,879	1,861	1,841	1,826	1,808	1,787	1,763	1,748	1,733	1,720	1,704	1,687	1,673	1,659	1,634
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	599	561	525	490	468	441	414	388	364	341	319	308
Shares Outstanding	-0.7%	77.00	77.00	78.00	79.00	80.00	80.00	80.00	80.00	80.00	80.00	80.00	80.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	16,600	-	-	-	14,700	-	-	-	10,800	-	-	-	6,200	-	-	-	6,700	-	5,758

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-17.7%	143	173	403	-205	-176	2,125	73.00	-75.12	253	258	-119	60.00	326	126	-43.03	381	114	564	-89.64	35.00	386
Share Based Compensation	-1.9%	16.00	16.00	17.00	19.00	13.00	12.00	14.00	13.00	10.00	10.00	12.00	12.00	8.00	8.00	9.00	9.00	8.00	8.00	8.00	9.00	6.00
Cashflow From Investing	-29.0%	-201	-156	-151	-350	-98.75	-105	-97.41	-74.73	-79.08	-54.07	-285	-39.86	-55.41	-57.60	-37.97	-36.52	-51.86	-66.89	-31.92	-30.32	-75.40
Cashflow From Financing	336.0%	365	-154	-221	-197	-166	-93.58	-68.62	-175	23.00	-56.24	379	-67.51	-15.05	-14.41	-132	-112	-99.15	-149	-145	-139	-141
Dividend Payments	-0.9%	23.00	23.00	23.00	24.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	21.00	21.00	22.00
Buy Backs	-10.0%	225	250	350	275	150	75.00	50.00	50.00	50.00	40.00	-	-	-	-	-	150	120	130	125	125	118

LPLA Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUES:
Advisory	$ 4,135,681	$ 3,875,154	$ 3,525,430
Commission	2,552,623	2,326,164	2,378,683
Asset-based	2,377,729	1,760,273	1,148,067
Service and fee	508,437	467,381	411,761
Transaction and fee	199,939	181,260	156,336
Interest income, net	159,415	77,126	28,577
Other	119,024	(86,533)	71,976
Total net revenues	10,052,848	8,600,825	7,720,830
EXPENSE
Commission and advisory	5,915,807	5,324,827	5,180,090
Compensation and benefits	979,681	820,736	741,003
Promotional	459,233	339,994	302,285
Occupancy and equipment	248,620	219,798	185,531
Depreciation, Depletion and Amortization, Nonproduction	246,994	199,817	151,428
Interest Expense, Debt	186,804	126,234	104,414
Brokerage, clearing, and exchange	105,984	86,063	86,023
Amortization of other intangibles	107,211	87,560	79,260
Professional services	72,583	72,519	73,231
Communications and data processing	75,717	67,687	60,296
Gain (Loss) on Extinguishment of Debt	0	0	24,400
Other	209,439	143,937	131,540
Total expense	8,608,073	7,489,172	7,119,501
INCOME BEFORE PROVISION FOR INCOME TAXES	1,444,775	1,111,653	601,329
PROVISION FOR INCOME TAXES	378,525	265,951	141,463
NET INCOME	$ 1,066,250	$ 845,702	$ 459,866
Earnings Per Share [Abstract]
Earnings Per Share, Basic	$ 13.88	$ 10.60	$ 5.75
Earnings Per Share, Diluted	$ 13.69	$ 10.40	$ 5.63
Weighted-average shares outstanding, basic	76,807,000	79,801,000	80,002,000
Weighted-average shares outstanding, diluted	77,861,000	81,285,000	81,742,000
Trailing
REVENUES:
Commission	$ 1,299,840	$ 1,292,358	$ 1,404,628
Other Asset Based Fees
REVENUES:
Asset-based	867,860	806,649	787,220
Sales-Based
REVENUES:
Commission	1,252,783	1,033,806	974,055
Client Cash [Member]
REVENUES:
Asset-based	$ 1,509,869	$ 953,624	$ 360,847

About LPL Financial Holdings

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 enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and auction rate notes. The company also provides advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers money market products; and retirement solutions for commission-and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.

CEO	Mr. Dan Hogan Arnold Jr., B.S., CPA, M.B.A.
WEBSITE	lpl.com
INDUSTRY	Mortgage Finance
EMPLOYEES	7291

LPL Financial Holdings Frequently Asked Questions

What is the ticker symbol for LPL Financial Holdings? What does LPLA stand for in stocks?

LPLA is the stock ticker symbol of LPL Financial Holdings. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of LPL Financial Holdings (LPLA)?

As of Tue Apr 23 2024, market cap of LPL Financial Holdings is 19.87 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LPLA stock?

You can check LPLA's fair value in chart for subscribers.

What is the fair value of LPLA stock?

You can check LPLA's fair value in chart for subscribers. The fair value of LPL Financial Holdings is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of LPL Financial Holdings is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LPLA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is LPL Financial Holdings a good stock to buy?

The fair value guage provides a quick view whether LPLA is over valued or under valued. Whether LPL Financial Holdings is cheap or expensive depends on the assumptions which impact LPL Financial Holdings's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LPLA.

What is LPL Financial Holdings's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, LPLA's PE ratio (Price to Earnings) is 18.64 and Price to Sales (PS) ratio is 1.98. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LPLA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on LPL Financial Holdings's stock?

In the past 10 years, LPL Financial Holdings has provided 0.208 (multiply by 100 for percentage) rate of return.