Other

Excess net capital

LPL Financial Holdings Excess net capital increased by 12.4% to 34994000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.5%, from 47618500000.0% to 34994000000.0%. Over 2 years (FY 2023 to FY 2025), Excess net capital shows an upward trend with a 28.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

Higher levels indicate a stronger financial position and greater capacity for capital deployment, while lower levels may signal tighter liquidity constraints.

Detailed definition

This metric represents the amount of regulatory net capital held by the firm in excess of the minimum required levels. I...

Peer comparison

Commonly reported by all broker-dealers; peers typically maintain a significant buffer above the minimum to ensure operational continuity.

Metric ID: other_excess_net_capital_at1500percent_c13d68

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value22,145,200,000%26,382,800,000%26,560,300,000%18,863,600,000%31,040,900,000%25,409,900,000%29,389,000,000%42,431,600,000%47,618,500,000%73,580,300,000%45,238,200,000%31,141,200,000%34,994,000,000%
QoQ Change+19.1%+0.7%-29.0%+64.6%-18.1%+15.7%+44.4%+12.2%+54.5%-38.5%-31.2%+12.4%
YoY Change+40.2%-3.7%+10.7%+124.9%+53.4%+189.6%+53.9%-26.6%-26.5%
Range18,863,600,000%73,580,300,000%
CAGR+16.5%
Avg YoY Growth+46.2%
Median YoY Growth+40.2%

Frequently Asked Questions

What is LPL Financial Holdings's excess net capital?
LPL Financial Holdings (LPLA) reported excess net capital of 34994000000.0% in Q1 2026.
How has LPL Financial Holdings's excess net capital changed year-over-year?
LPL Financial Holdings's excess net capital decreased by 26.5% year-over-year, from 47618500000.0% to 34994000000.0%.
What is the long-term trend for LPL Financial Holdings's excess net capital?
Over 2 years (2023 to 2025), LPL Financial Holdings's excess net capital has grown at a 28.5% compound annual growth rate (CAGR), from 18863600000.0% to 31141200000.0%.
What does excess net capital mean?
The surplus liquid capital held by the firm above its mandatory regulatory minimum requirement.