LPL Financial Holdings LPLA Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Net margin | 26.6%-9.3pp | 35.9%-11.0pp | 46.9%+17.5pp | 29.3%+2.6pp | |
| EBITDA margin | 53.9%-12.0pp | 65.9%-13.1pp | 79%+26.6pp | 52.4%+3.8pp | |
| Returns | |||||
| Return on equity | 112%-59.2pp | 171.2%-48.9pp | 220.1%+81.9pp | 138.2%+3.2pp | |
| Return on assets | 27.4%-10.3pp | 37.7%-11.3pp | 49%+18.8pp | 30.2%+3.1pp | |
| Return on invested capital | 82.1%-42.9pp | 125%-58.4pp | 183.4%+67.4pp | 116%+25.9pp | |
| Efficiency | |||||
| Asset turnover | 4.1×-0.1× | 4.2×0.0× | 4.2×0.0× | 4.2×+0.1× | |
| Leverage | |||||
| Debt-to-equity | 6.3×-1.0× | 7.3×+0.9× | 6.4×+0.3× | 6.2×-1.2× | |
| Debt-to-assets | 1.7×+0.1× | 1.6×+0.2× | 1.4×0.0× | 1.4×-0.2× | |
| Net debt / EBITDA | 7.1×+3.0× | 4.1×+2.0× | 2.1×0.0× | 2.1×-2.9× | |
| Interest coverage | 19.7×-8.8× | 28.5×-12.0× | 40.5×+7.8× | 32.7×+4.7× | |
| Per Share | |||||
| Book value per share | $235.08+69.1% | $138.99+28.3% | $108.36+13.8% | $95.20+24.0% | |
| Valuation | |||||
| Market capitalization | $107.92B+31.0% | $82.36B+22.2% | $67.37B+5.3% | $64B+34.4% | |
| Enterprise value | $121.74B+35.1% | $90.1B+26.3% | $71.36B+8.6% | $65.71B+26.9% | |
| Price / earnings | 112.8×+31.7× | 81.1×+20.7× | 60.5×-48.0× | 108.5×+4.6× | |
| Price / sales | 7.2×0.0× | 7.3×+0.2× | 7.1×-0.6× | 7.7×+0.8× | |
| Price / book | 24×-7.6× | 31.6×-0.2× | 31.8×-1.3× | 33.1×+2.7× | |
| EV / EBITDA | 61.5×+13.2× | 48.2×+10.3× | 37.9×-24.2× | 62.1×+0.1× | |
| EV / sales | 8.2×+0.2× | 7.9×+0.5× | 7.5×-0.4× | 7.9×+0.4× | |
| Earnings yield | 14.6%-5.4pp | 20%-6.6pp | 26.5%+11.4pp | 15.2%-0.3pp | |
| Dividend yield | 1.4%-0.4pp | 1.8%-0.3pp | 2.1%+0.1pp | 2%-0.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do LPL Financial Holdings's ratios come from?
- Every ratio is computed from LPL Financial Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
