LPL Financial Holdings LPLA Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 23.3%-11.1pp | 26.6%-9.3pp | 30%-7.9pp | 33.4%-7.8pp | 34.4%-10.4pp | |
| Returns | ||||||
| Return on equity | 92.1%-73.9pp | 112%-59.2pp | 133.4%-45.7pp | 153.4%-41.4pp | 166%-46.1pp | |
| Return on invested capital | 70.1%-45.5pp | 82.1%-42.9pp | 94.1%-48.3pp | 109.2%-59.8pp | 115.7%-64.1pp | |
| Efficiency | ||||||
| Asset turnover | 4.2×0.0× | 4.1×-0.1× | 4.1×-0.1× | 4.2×0.0× | 4.2×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 5.7×-1.7× | 6.3×-1.0× | 6.8×-0.4× | 7×-0.2× | 7.4×+0.6× | |
| Net debt / EBITDA | 7.8×+2.9× | 7.1×+3.0× | 6.4×+3.1× | 4.7×+1.7× | 4.9×+2.5× | |
| Per Share | ||||||
| Book value per share | $264.17+75.5% | $235.08+69.1% | $206.33+62.7% | $180.34+53.9% | $150.49+35.6% | |
| Valuation | ||||||
| Market capitalization | $107.61B+23.6% | $107.92B+31.0% | $103.78B+38.3% | $94.55B+24.9% | $87.06B+21.9% | |
| Price / earnings | 117.1×+33.0× | 112.8×+31.7× | 102.8×+28.7× | 88.1×+15.8× | 84.2×+19.2× | |
| Price / sales | 6.7×-0.5× | 7.2×0.0× | 7.5×+0.5× | 7.3×0.0× | 7.2×0.0× | |
| Price / book | 20.4×-10.3× | 24×-7.6× | 27×-4.5× | 28×-5.8× | 30.7×-2.7× | |
| EV / EBITDA | 62×+11.9× | 61.5×+13.2× | 58.4×+14.2× | 51.5×+8.0× | 50.1×+10.1× | |
| Dividend yield | 1.4%-0.3pp | 1.4%-0.4pp | 1.4%-0.5pp | 1.6%-0.4pp | 1.7%-0.3pp |
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.
