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LPL Financial Holdings LPLA Interest coverage

Interest coverage at other companies

Charles Schwab Corporation logo
Charles Schwab CorporationSCHW
4.5×+2.0×
BEN
Franklin ResourcesBEN
9.2×+2.8×
Northern Trust logo
Northern TrustNTRS
1.4×0.0×
KKR & Co. logo
KKR & Co.KKR
3.6×+0.6×
PNC Financial Services logo
PNC Financial ServicesPNC
1.8×+0.2×
Blackrock logo
BlackrockBLK
14×+1.6×

Other financials

Income statement

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Revenue$4.9B+34.6%
Net income$356.4M+11.9%
EPS (diluted)$4.43+4.5%

Balance sheet

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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

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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$24.35B-1.3%
Enterprise value$28.86B+4.0%
P/E27×+4.4×
P/S1.3×-0.5×

Profitability

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Net margin4.9%-3.3pp

Returns & leverage

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Return on equity20.5%-19.9pp
Debt / equity1.3×-0.6×

Where this comes from

Calculated from LPL Financial Holdings’s reported figures.

Based on trailing twelve months.

The official record: LPL Financial Holdings’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is LPL Financial Holdings's interest coverage?
LPL Financial Holdings (LPLA) reported interest coverage of 3.9× in Q1 2026.
How has LPL Financial Holdings's interest coverage changed year-over-year?
LPL Financial Holdings's interest coverage decreased by 35.9% year-over-year, from 6.1× to 3.9×.
What is the long-term trend for LPL Financial Holdings's interest coverage?
Over 4 years (2021 to 2025), LPL Financial Holdings's interest coverage has grown at a -8.4% compound annual growth rate (CAGR), from 28× to 19.7×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.