LPL Financial Holdings Inc. (LPLA)

LPL Financial Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	228.33	187.61	159.42	77.13	28.58	29.41
Total Interest Expense	379.77	274.18	186.8	126.23	104.41	105.77
Net Interest Income	-151.44	-86.58	-27.39	-49.11	-75.84	-76.35
Brokerage Commission	4,239	3,305	2,553	2,326	2,379	1,907
Asset Management Fee	2,850	2,498	2,378	1,760	1,148	1,045
Underwriting & Investment Banking Fee	7,213	5,462	4,136	3,875	3,525	2,328
Other Revenue	1,013	906.06	827.4	562.11	640.07	563.63
Revenue	15,163	12,085	9,866	8,475	7,616	5,766
Revenue Growth (YoY)	34.54%	22.49%	16.42%	11.27%	32.09%	4.93%
Salaries & Employee Benefits	1,213	1,090	973.58	820.74	741	609.26
Cost of Services Provided	11,469	8,891	6,864	6,111	5,887	4,252
Other Operating Expenses	137.56	199.19	167.74	143.94	131.54	101.02
Total Operating Expenses	13,397	10,624	8,360	7,363	6,991	5,140
Operating Income	1,767	1,461	1,506	1,112	625.73	626.07
EBT Excluding Unusual Items	1,767	1,461	1,506	1,112	625.73	626.07
Merger & Restructuring Charges	-669.7	-64.2	-21.4	-	-	-
Legal Settlements	-18	-18	-40	-	-	-
Other Unusual Items	14.4	14.4	-	-	-24.4	-
Pretax Income	1,093	1,393	1,445	1,112	601.33	626.07
Income Tax Expense	260.17	334.28	378.53	265.95	141.46	153.43
Net Income	833.05	1,059	1,066	845.7	459.87	472.64
Net Income to Common	833.05	1,059	1,066	845.7	459.87	472.64
Net Income Growth	-17.14%	-0.72%	26.08%	83.90%	-2.70%	-15.58%
Shares Outstanding (Basic)	77	75	77	80	80	79
Shares Outstanding (Diluted)	78	75	78	81	82	81
Shares Change (YoY)	2.92%	-3.13%	-4.21%	-0.56%	1.29%	-4.63%
EPS (Basic)	10.77	14.17	13.88	10.60	5.75	5.96
EPS (Diluted)	10.69	14.03	13.69	10.40	5.63	5.86
EPS Growth	-19.59%	2.48%	31.64%	84.72%	-3.92%	-11.48%
Free Cash Flow	-1,954	-294.55	109.33	1,639	237.15	634.41
Free Cash Flow Per Share	-25.11	-3.90	1.40	20.16	2.90	7.86
Dividend Per Share	1.200	1.200	1.200	1.000	1.000	1.000
Dividend Growth	-	-	20.00%	-	-	-
Operating Margin	11.65%	12.09%	15.27%	13.12%	8.22%	10.86%
Profit Margin	5.49%	8.76%	10.81%	9.98%	6.04%	8.20%
Free Cash Flow Margin	-12.88%	-2.44%	1.11%	19.34%	3.11%	11.00%
Effective Tax Rate	23.80%	24.00%	26.20%	23.92%	23.52%	24.51%
Revenue as Reported	15,569	12,385	10,053	8,601	7,721	5,872

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q