US · USD

LPLA

LPL Financial Holdings Inc

$316.44+1.37% ($4.29)
Day's range
$308.00 – $317.41
Day's volume
$310.5M
52-week range
$265.65 – $392.14

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LPLA in numbers

Market cap
$24.9B
P/E
24.75
P/B
4.33
Dividend yield (12m)
0.38%

The 12-month dividend yield of LPLA is 0.38%, below its 5-year average of 0.46%.

LPLA price history

10/06/202510/02/2026
Compare with

LPLA risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-10.87%+43.91%+105.11%
Volatility (annualized)43.79%37.79%33.79%
Largest drawdown-24.74%-30.57%-30.57%
Positive months8/1223/3639/60

How much did investing in LPLA return?

$1,000.00 invested on 11/01/2021 would be worth $2,051.07 today.

Value today in LPLA
$2,051.07
Return over the period
+105.11%
Return per year
+15.73%
In the S&P 500
$1,690.98

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

LPLA fundamentals

Valuation

  • P/E
    24.75
  • P/B
    4.33
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    1.58
  • P/EBIT
    —
  • P/S
    1.27
  • P/OCF
    -98.81
  • P/FCF
    -26.76
  • Earnings yield
    —
  • PEG ratio
    —
  • Earnings per share
    $12.79
  • Book value per share
    $73.11

Debt

  • Net debt
    $6B
  • Net debt/EBITDA
    —
  • Net debt/Equity
    1.04
  • Debt/Equity
    1.30
  • Current ratio
    —
  • Quick ratio
    —
  • Cash ratio
    —

Efficiency

  • Gross margin
    —
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    5.13%
  • Asset turnover
    0.99

Profitability

  • ROE
    17.49%
  • ROA
    5.09%
  • ROIC
    —
  • Payout
    9.38%

Growth

  • Revenue CAGR (5 years)
    24.15%
  • Earnings CAGR (5 years)
    16.76%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is LPLA's fair price?

Two classic value formulas, with today's numbers. The current price is $316.44.

Graham's fair price
$145.03
54.17% below the price

√(22.50 × $12.79 × $73.11)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$18.67
94.10% below the price

$1.12 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

LPLA's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E33.1423.0015.8920.1127.8417.5713.1211.74
P/B5.358.318.157.857.666.327.175.30
Dividend yield0.34%0.37%0.53%0.46%0.62%0.96%1.08%1.64%
Earnings per share$10.78$14.20$14.32$10.75$5.75$5.93$7.03$5.20
Book value per share$66.74$39.30$27.92$27.55$20.89$16.50$12.86$11.53
ROE16.15%36.12%51.29%39.02%27.53%35.95%54.68%45.12%
Net margin5.08%8.55%10.61%9.83%5.96%8.05%9.95%8.47%

LPLA's financial statements

Line202520242023202220212020
Net revenue$17B$12.4B$10.1B$8.6B$7.7B$5.9B
Cost of revenue——————
Gross profit——————
EBITDA——————
EBIT——————
Financial result——————
Income before tax$1.1B$1.4B$1.4B$1.1B$601.3M$626.1M
Income tax-$286.5M-$334.3M-$378.5M-$266M-$141.5M-$153.4M
Net income$863M$1.1B$1.1B$845.7M$459.9M$472.6M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does LPLA pay dividends?

Dividend yield per year

  • 1.75%2017
  • 1.64%2018
  • 1.08%2019
  • 0.96%2020
  • 0.62%2021
  • 0.46%2022
  • 0.53%2023
  • 0.37%2024
  • 0.34%2025
  • 0.28%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend08/13/202608/28/2026$0.30
Dividend05/20/202606/04/2026$0.30
Dividend03/09/202603/24/2026$0.30
Dividend11/12/202512/01/2025$0.30
Dividend08/14/202508/29/2025$0.30
Dividend05/29/202506/12/2025$0.30
Dividend03/10/202503/25/2025$0.30
Dividend11/13/202412/02/2024$0.30
Dividend08/08/202408/23/2024$0.30
Dividend05/17/202406/04/2024$0.30
Dividend03/08/202403/26/2024$0.30
Dividend11/07/202311/27/2023$0.30
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend08/09/202308/25/2023$0.30
Dividend05/16/202306/01/2023$0.30
Dividend03/10/202303/28/2023$0.30
Dividend11/08/202211/28/2022$0.25
Dividend08/15/202208/31/2022$0.25
Dividend06/07/202206/24/2022$0.25
Dividend03/11/202203/29/2022$0.25
Dividend11/08/202111/29/2021$0.25
Dividend08/11/202108/27/2021$0.25
Dividend05/20/202106/07/2021$0.25
Dividend03/12/202103/30/2021$0.25
Dividend11/09/202011/30/2020$0.25
Dividend08/12/202008/28/2020$0.25
Dividend05/26/202006/12/2020$0.25
Dividend03/16/202003/31/2020$0.25
Dividend11/05/201911/21/2019$0.25
Dividend08/09/201908/23/2019$0.25
Dividend05/16/201906/03/2019$0.25
Dividend03/13/201903/29/2019$0.25
Dividend11/06/201811/26/2018$0.25
Dividend08/07/201808/23/2018$0.25
Dividend05/16/201806/01/2018$0.25
Dividend03/07/201803/23/2018$0.25
Dividend11/07/201711/27/2017$0.25
Dividend08/07/201708/24/2017$0.25
Dividend05/10/201705/25/2017$0.25
Dividend03/07/201703/24/2017$0.25
Dividend11/11/201611/30/2016$0.25

About Lpl Financial Holdings

Sector
Finance, insurance and real estate

Questions about LPLA

How much is LPLA today?

LPLA is at $316.44 (1.37% on the day), last traded on 10/02/2026.

How much did LPLA pay in dividends in 2025?

LPLA paid $1.20 per share in 2025, a dividend yield of 0.34%.

What are the P/E and P/B of LPLA?

LPLA trades at a P/E of 24.75 and a P/B of 4.33.

How much did LPLA return in 12 months?

LPLA returned -10.87% in 12 months, with annualized volatility of 43.79% and a largest drawdown of -24.74%.