LPLA
$316.44+1.37%
as of close, Oct 2, 2026
☾ AH $316.44 +1.37%
LPL Financial Holdings Inc.Stock · FinanceNasdaq Composite 0.05%Russell 1000 0.03%US Stock Market 0.03%Russell 3000 0.03%MSCI ACWI 0.03%MSCI World 0.02%
LPLA financial statements
The full income statement, balance sheet, and cash-flow statement for LPL Financial Holdings Inc. (LPLA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 74.8M2024-09 74.9M2024-12 74.6M2025-03 75.1M2025-06 80.0M2025-09 80.0M2025-12 80.1M2026-03 80.0M2026-06 78.7M+5.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 17.0B+37.2% | 12.4B+23.2% | 10.1B+16.9% | 8.60B+11.4% | 7.72B+31.5% | |
| Amortization of intangibles | 237M+74.9% | 135M+26.1% | 107M+22.4% | 87.6M+10.5% | 79.3M+17.7% | |
| Provision for credit losses | 17.0M-10.5% | 19.0M+19.0% | 15.9M+16.7% | 13.7M+49.1% | 9.17M+57.4% | |
| Interest expense | 403M+47.1% | 274M+46.8% | 187M+48.0% | 126M+20.9% | 104M-1.3% | |
| Interest & investment income | 232M+23.5% | 188M+17.7% | 159M+106.7% | 77.1M+169.9% | 28.6M-2.8% | |
| Pre-tax income | 1.15B-17.5% | 1.39B-3.6% | 1.44B+30.0% | 1.11B+84.9% | 601M-4.0% | |
| Income tax | 286M-14.3% | 334M-11.7% | 379M+42.3% | 266M+88.0% | 141M-7.8% | |
| Net income | 863M-18.5% | 1.06B-0.7% | 1.07B+26.1% | 846M+83.9% | 460M-2.7% | |
| $10.92-22.2% | $14.03+2.5% | $13.69+31.6% | $10.40+84.7% | $5.63-3.9% | ||
| EPS (basic) | $10.97-22.6% | $14.17+2.1% | $13.88+30.9% | $10.60+84.3% | $5.75-3.5% | |
| Weighted-avg shares (basic) | 78.7M+5.3% | 74.7M-2.7% | 76.8M-3.8% | 79.8M-0.3% | 80.0M+1.0% | |
| Weighted-avg shares (diluted) | 79.1M+4.8% | 75.4M-3.1% | 77.9M-4.2% | 81.3M-0.6% | 81.7M+1.3% | |
| Dividends per share | $1.20+0.0% | $1.20+0.0% | $1.20+20.0% | $1.00+0.0% | $1.00+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 1.04B+7.3% | 967M+107.7% | 466M-45.1% | 848M+71.1% | 495M-38.8% | |
| Short-term investments | 91.5M+59.2% | 57.5M-37.0% | 91.3M+73.6% | 52.6M+6.9% | 49.2M+15.8% | |
| 18.5B+38.9% | 13.3B+28.2% | 10.4B+9.5% | 9.48B+18.7% | 7.99B+21.2% | ||
| Property, plant & equipment | 1.41B+16.5% | 1.21B+29.7% | 933M+19.6% | 780M+18.4% | 659M+13.0% | |
| Operating lease right-of-use | 174M+45.7% | 119M+27.0% | 93.8M+1.4% | 92.5M-2.7% | 95.1M-6.7% | |
| Goodwill | 2.64B+21.7% | 2.17B+17.0% | 1.86B+13.0% | 1.64B+0.0% | 1.64B+8.5% | |
| Intangible assets | 3.33B+124.6% | 1.48B+120.8% | 672M+57.0% | 428M-6.0% | 455M+14.5% | |
| Deferred tax assets | 78.2M-39.8% | 130M-22.4% | 167M+69.1% | 99.0M+1652.8% | 5.65M-76.6% | |
| 13.1B+26.6% | 10.4B+25.0% | 8.31B+13.6% | 7.31B+15.7% | 6.32B+19.7% | ||
| Long-term debt | 7.26B+32.1% | 5.49B+47.1% | 3.73B+37.4% | 2.72B-3.4% | 2.81B+20.0% | |
| Operating lease liability (total) | 204M+38.1% | 148M+19.6% | 123M-1.4% | 125M-3.9% | 130M-6.5% | |
| Finance lease liability (total) | 0.00-100.0% | 105M-0.3% | 105M-0.2% | 106M-0.4% | 106M-1.3% | |
| 5.34B+82.4% | 2.93B+41.0% | 2.08B-4.1% | 2.17B+29.8% | 1.67B+27.1% | ||
| Common stock | 136K+3.8% | 131K+0.8% | 130K+0.0% | 130K+0.8% | 129K+1.6% | |
| Additional paid-in capital | 3.84B+86.0% | 2.07B+4.0% | 1.99B+3.9% | 1.91B+3.9% | 1.84B+4.5% | |
| Retained earnings | 5.84B+15.2% | 5.07B+24.0% | 4.09B+31.7% | 3.10B+33.2% | 2.33B+19.8% | |
| Treasury stock | 4.33B+3.1% | 4.20B+5.2% | 3.99B+40.3% | 2.85B+13.9% | 2.50B+4.5% | |
| Total liabilities & equity | 18.5B+38.9% | 13.3B+28.2% | 10.4B+9.5% | 9.48B+18.7% | 7.99B+21.2% | |
| Common shares issued | 137M+4.4% | 131M+0.5% | 130M+0.4% | 130M+0.7% | 129M+0.9% | |
| Shares outstanding (cover) | 80.1M+7.4% | 74.6M+0.2% | 74.5M-5.4% | 78.7M-1.6% | 80.0M+0.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -411M-248.2% | 278M-45.8% | 513M-73.7% | 1.95B+329.4% | 453M-42.6% | ||
| Depreciation & amortization | 393M+27.5% | 309M+24.9% | 247M+23.6% | 200M+32.0% | 151M+38.0% | |
| Intangible amortization | 237M+74.9% | 135M+26.1% | 107M+22.4% | 87.6M+10.5% | 79.3M+17.7% | |
| Share-based compensation | 79.4M-13.5% | 91.8M+33.6% | 68.7M+30.5% | 52.6M+19.1% | 44.2M+30.0% | |
| Deferred income taxes | 52.9M+169.4% | -76.2M-11.4% | -68.5M+26.7% | -93.3M-605.6% | 18.5M+178.0% | |
| -2.39B-49.9% | -1.59B-85.1% | -860M-128.5% | -376M+17.9% | -459M-144.6% | ||
| Capital expenditure | 570M+1.4% | 563M+39.5% | 403M+31.5% | 307M+42.0% | 216M+38.9% | |
| Free cash flow | -982M-244.6% | -285M-360.6% | 109M-93.3% | 1.64B+591.1% | 237M-62.6% | |
| Acquisitions | 1.79B+75.2% | 1.02B+125.0% | 453M+703.2% | 56.5M-77.0% | 246M+704.8% | |
| 3.17B+123.6% | 1.42B+779.7% | -209M+58.6% | -504M-280.8% | 279M+201.3% | ||
| Long-term debt issued | 2.74B+175.0% | 998M+33.2% | 749M | 0.00-100.0% | 1.30B | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock issued | 1.73B | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 100M-41.2% | 170M-84.5% | 1.10B+238.5% | 325M+261.1% | 90.0M-40.0% | |
| Dividends paid | 94.4M+5.2% | 89.7M-2.7% | 92.2M+15.5% | 79.8M-0.3% | 80.1M+1.3% | |
| Net change in cash | 371M+260.3% | 103M+118.5% | -556M-152.2% | 1.06B+289.6% | 273M-16.5% | |
| Interest paid | 380M+41.6% | 268M+40.2% | 191M+61.0% | 119M+14.6% | 104M-3.0% | |
| Income taxes paid | 329M+2.6% | 320M-40.2% | 536M+125.0% | 238M+64.7% | 145M-14.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 28.6B+17.5% | 24.3B+41.5% | 17.2B+0.0% | 17.2B+34.4% | 12.8B+54.2% | |
| P/E | 33.1×+44.1% | 23.0×+56.0% | 14.7×-45.6% | 27.1×-2.6% | 27.8×+58.4% | |
| P/S | 1.7×-14.4% | 2.0×+11.3% | 1.8×-14.1% | 2.1×+24.1% | 1.7×+17.2% | |
| P/B | 5.4×-35.6% | 8.3×+0.9% | 8.2×-4.3% | 8.6×+12.3% | 7.7×+21.3% | |
| P/FCF | — | — | — | 8.3×-84.6% | 54.0×+312.4% | |
| Earnings yield | 3.0%-30.6% | 4.3%-35.9% | 6.8%+83.9% | 3.7%+2.7% | 3.6%-36.9% | |
| FCF yield | — | — | — | 12.0%+548.6% | 1.9%-75.8% | |
| Dividend yield | 0.34%-8.6% | 0.37%-30.3% | 0.53%+14.0% | 0.46%-25.9% | 0.62%-34.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: LPLA’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LPLA filings on SEC EDGAR → Not investment advice.