What is LPL Financial Holdings's market cap?

LPL Financial Holdings (LPLA) has a market capitalization of $24.1B and trades on NASDAQ.

What is LPL Financial Holdings's revenue and profitability?

LPL Financial Holdings generated $18.3B in trailing twelve-month revenue with net income of $900.9M, representing a net margin of 4.9%, with free cash flow of -$1.5B. These figures are based on the Q1 2026 filing.

Who are LPL Financial Holdings's competitors?

LPL Financial Holdings's key competitors include Raymond James Financial, Charles Schwab, Ameriprise Financial, and others. These companies compete in similar markets and product categories.

Who does LPL Financial Holdings partner with?

LPL Financial Holdings's notable partners include Prudential Financial, Inc..

What subsidiaries does LPL Financial Holdings have?

LPL Financial Holdings's subsidiaries include LPL Financial LLC, Commonwealth Financial Network, Atria Wealth Solutions.

Where is LPL Financial Holdings headquartered?

LPL Financial Holdings is headquartered in United States of America and employs approximately 8,724 people. It has been publicly traded since 2010.

LPL Financial Holdings

LPLA

LPL Financial Holdings Inc. is a leading advisor-mediated wealth management firm and the nation’s largest independent broker-dealer.

Market cap

$24.06B-21.7%

Revenue$18.3B+38.1%

Net income$900.9M-17.2%

Free cash flow-$1.5B-416%

EPS (diluted)$11.23-22.2%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 30, 2026

Revenue$4.9BMiss by $42.6M EPS$5.60Beat by $0.11

Read the full report

Next report

Jul 30, 2026 (In 2 weeks)

Revenue estimate$5.0B

EPS estimate$5.35

Financials

Q1 2026

Income statement

See full

Revenue$4.9B+34.6%

Net income$356.4M+11.9%

EPS (diluted)$4.43+4.5%

Balance sheet

See full

Cash & equivalents$2.9B+1.8%

Total debt$7.4B+24.4%

Total equity$5.7B+82.0%

Total assets$18.8B+34.9%

Cash flow

See full

Operating cash flow$290.4M-14.5%

CapEx$165.8M+38.8%

Free cash flow$124.6M-43.4%

Valuation & ratios

Valuation

See full

Market cap$24.06B-21.7%

Enterprise value$28.57B-11.1%

P/E26.7×-0.8×

P/S1.3×-0.9×

Profitability

See full

Net margin4.9%-3.3pp

Returns & leverage

See full

Return on equity20.5%-19.9pp

Debt / equity1.3×-0.6×

Competitors

By market cap

Charles Schwab Corporation$176.87B+6.4%

Ameriprise Financial$44.1B-14.8%

Raymond James Financial$32.2B-0.2%

T Rowe Price Group$25.3B+14.5%

LPL Financial Holdings$24.1B-21.7%

Stifel Financial$11.2B+0.3%

AllianceBernstein$3.4B-25.3%

Perella Weinberg Partners$1.1B-16.8%

By revenue growth

LPL Financial Holdings+38.1%

Charles Schwab Corporation+21.2%

Stifel Financial+13.6%

Ameriprise Financial+8.4%

Raymond James Financial+8.0%

T Rowe Price Group+4.2%

Perella Weinberg Partners-30.3%

By net margin

Charles Schwab Corporation37.99%+6.3pp

T Rowe Price Group28.28%-0.1pp

Ameriprise Financial20.57%+3.4pp

Stifel Financial15.34%+3.1pp

Raymond James Financial14.59%-1.5pp

LPL Financial Holdings4.93%-3.3pp

Perella Weinberg Partners2.85%+9.8pp

Profile

LPL Financial Holdings Inc. is a leading advisor-mediated wealth management firm and the nation’s largest independent broker-dealer. The company provides an integrated platform of proprietary technology, brokerage and advisory services, and clearing solutions to independent financial advisors and financial institutions. Its core value proposition centers on enabling advisors to deliver personalized financial guidance through a self-clearing model that supports a wide range of investment products and practice management services.

Competitive position

LPL is the largest independent broker-dealer in the U.S. and a top-tier custodian, leveraging a massive scale and a self-clearing infrastructure to compete against both traditional wirehouses and digital platforms.

GeographiesUnited States

Customer segmentsIndependent Financial Advisors, Financial Institutions, Retail Investors

Business modelB2B2C, Asset-based fees, Commission-based, Transaction-based

SuppliersTechnology infrastructure providers, Federal Reserve monetary policy, Banking partners for sweep programs, Equity and fixed income markets

CustomersIndependent financial advisors, Banks and credit unions, Retail wealth management clients, Retirement plan sponsors

CountryUnited States of America

Listed2010

Employees8.7K

CEORichard Steinmeier

SectorFinancial Services

IndustryFinancial - Capital Markets

Websitelpl.com

FilingsSEC EDGAR

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Questions, answered.

What is LPL Financial Holdings's market cap?: LPL Financial Holdings (LPLA) has a market capitalization of $24.1B and trades on NASDAQ.
What is LPL Financial Holdings's revenue and profitability?: LPL Financial Holdings generated $18.3B in trailing twelve-month revenue with net income of $900.9M, representing a net margin of 4.9%, with free cash flow of -$1.5B. These figures are based on the Q1 2026 filing.
Who are LPL Financial Holdings's competitors?: LPL Financial Holdings's key competitors include Raymond James Financial, Charles Schwab, Ameriprise Financial, and others. These companies compete in similar markets and product categories.
Who does LPL Financial Holdings partner with?: LPL Financial Holdings's notable partners include Prudential Financial, Inc..
What subsidiaries does LPL Financial Holdings have?: LPL Financial Holdings's subsidiaries include LPL Financial LLC, Commonwealth Financial Network, Atria Wealth Solutions.
Where is LPL Financial Holdings headquartered?: LPL Financial Holdings is headquartered in United States of America and employs approximately 8,724 people. It has been publicly traded since 2010.