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LPL Financial Holdings LPLA Fair Value of Resellable Collateral

Fair Value of Resellable Collateral at other companies

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Other financials

Income statement

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Revenue$5.2B+35.2%
Net income$379.3M+38.8%
EPS (diluted)$4.74+39.4%

Balance sheet

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Cash & equivalents$1.3B-78.4%
Total debt$7.5B+2.1%
Total equity$5.8B+13.4%
Total assets$19.8B+13.3%

Cash flow

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Operating cash flow$290.4M-14.5%
CapEx$165.8M+38.8%
Free cash flow$124.6M-43.4%

Valuation

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Market cap$28.34B-6.5%
Enterprise value$34.53B+8.9%
P/E28.2×+1.0×
P/S1.5×-0.7×

Profitability

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Net margin5.1%-2.8pp
FCF margin-12.5%-13.3pp

Returns & leverage

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Return on equity18.6%-10.9pp
Debt / equity1.3×-0.1×

Where this comes from

Reported directly by LPL Financial Holdings in its filing.

Tagged under the XBRL concept us-gaap:FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged.

The source filing: LPL Financial Holdings’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 8:38 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029530

As of March 31, 2026, the Company had approximately $753.4 million of client margin loans that were collateralized with securities having a fair value of approximately $1.1 billion that LPL Financial can repledge, loan or sell. Of these securities, approximately $399.7 million were client-owned securities pledged to the Options Clearing Corporation as collateral to secure client obligations related to options positions. As of March 31, 2026, there were no restrictions that materially limited the Company’s ability to repledge, loan or sell the remaining $655.1 million of client collateral.

Item 1. Financial Statements (unaudited)

FAQ

What is LPL Financial Holdings's fair value of resellable collateral?
LPL Financial Holdings (LPLA) reported fair value of resellable collateral of $655.1M in Q1 2026.
How has LPL Financial Holdings's fair value of resellable collateral changed year-over-year?
LPL Financial Holdings's fair value of resellable collateral increased by 42.3% year-over-year, from $460.5M to $655.1M.
What is the long-term trend for LPL Financial Holdings's fair value of resellable collateral?
Over 5 years (2020 to 2025), LPL Financial Holdings's fair value of resellable collateral has grown at a 6.0% compound annual growth rate (CAGR), from $404M to $539.9M.
What does fair value of resellable collateral mean?
The fair value of collateral received from counterparties that the firm possesses the contractual right to sell or repledge, even if it has not yet done so. This represents potential liquidity available to the firm through its collateral management operations. It serves as a measure of the firm's flexibility in managing its balance sheet and funding requirements.

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