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LPL Financial Holdings LPLA Net debt / EBITDA

Net debt / EBITDA at other companies

Charles Schwab Corporation logo
Charles Schwab CorporationSCHW
-3.3×+2.7×
Ameriprise Financial logo
Ameriprise FinancialAMP
-2.5×+0.3×
T Rowe Price Group logo
T Rowe Price GroupTROW
-1.3×+0.7×
Lazard logo
LazardLAZ
3.1×+0.4×
Perella Weinberg Partners logo
Perella Weinberg PartnersPWP
2.3×
Moelis & Company logo
Moelis & CompanyMC
0.7×-0.1×

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$28.29B-5.6%
Enterprise value$34.47B+9.9%
P/E28.1×+1.3×
P/S1.4×-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

Calculated from LPL Financial Holdings’s reported figures.

Based on the most recent quarter.

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

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

FAQ

What is LPL Financial Holdings's net debt / EBITDA?
LPL Financial Holdings (LPLA) reported net debt / EBITDA of 2.2× in Q1 2026.
How has LPL Financial Holdings's net debt / EBITDA changed year-over-year?
LPL Financial Holdings's net debt / EBITDA increased by 45.8% year-over-year, from 1.5× to 2.2×.
What is the long-term trend for LPL Financial Holdings's net debt / EBITDA?
Over 5 years (2020 to 2025), LPL Financial Holdings's net debt / EBITDA has grown at a 18.8% compound annual growth rate (CAGR), from 1× to 2.3×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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