LPL Financial Holdings Inc. (LPLA)

LPL Financial Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	900.86	863.02	1,059	1,066	845.7	459.87
Depreciation & Amortization	684.33	651.61	455.08	362.94	294.23	236.42
Stock-Based Compensation	83.17	79.36	91.76	68.67	52.61	44.18
Other Adjustments	557.76	592.69	318.03	210.18	114.63	193.45
Changes in Trading Assets	82.58	11.64	34.18	-38.96	-0.07	-8.73
Change in Receivables	-2,299	-2,190	-1,289	-687.63	-385.98	-845.7
Changes in Accounts Payable	126.82	430.38	-401.66	-413.17	960.34	258.08
Changes in Accrued Expenses	247.41	184.48	111.68	42.68	31.58	42.16
Changes in Other Operating Activities	-917.89	-1,034	-100.79	-98.35	32.54	73.41
Operating Cash Flow	-460.81	-411.4	277.59	512.61	1,946	453.13
Operating Cash Flow Growth	-	-	-45.85%	-73.65%	329.36%	-42.64%
Capital Expenditures	-624.36	-577.2	-572.14	-403.29	-306.6	-215.99
Purchases of Investments	-17.16	-34.17	-4.77	-8.93	-18.35	-1.74
Proceeds from Sale of Investments	5.1	12.37	5	5.5	5	5
Payments for Business Acquisitions	-1,841	-1,788	-1,020	-453.48	-56.46	-245.91
Investing Cash Flow	-2,499	-2,387	-1,592	-860.19	-376.4	-458.64
Short-Term Debt Issued	1,102	876	1,430	1,718	815	1,585
Short-Term Debt Repaid	-1,102	-1,844	-663	-1,438	-905	-1,495
Net Short-Term Debt Issued (Repaid)	-	-968	767	280	-90	90
Long-Term Debt Issued	1,497	2,745	2,018	749.47	-	1,300
Long-Term Debt Repaid	-	-	-1,027	-10.7	-10.7	-910.7
Net Long-Term Debt Issued (Repaid)	1,497	2,745	991.13	738.77	-10.7	389.3
Issuance of Common Stock	882.17	1,747	28.73	18.67	28.73	41.97
Repurchase of Common Stock	-22.93	-133.49	-211.38	-1,140	-350.19	-110.24
Net Common Stock Issued (Repurchased)	859.24	1,614	-182.66	-1,121	-321.46	-68.27
Common Dividends Paid	-96.07	-94.41	-89.73	-92.19	-79.83	-80.1
Other Financing Activities	-87.84	-127.52	-68.31	-13.67	-2.28	-52.1
Financing Cash Flow	3,011	3,169	1,417	-208.53	-504.27	278.84
Net Cash Flow	51.27	370.69	102.89	-556.11	1,065	273.33
Free Cash Flow	-1,085	-988.61	-294.55	109.33	1,639	237.15
Free Cash Flow Growth	-	-	-	-93.33%	591.12%	-62.62%
FCF Margin	-5.94%	-5.82%	-2.38%	1.09%	19.06%	3.07%
Free Cash Flow Per Share	-13.50	-12.50	-3.91	1.40	20.16	2.90
Levered Free Cash Flow	1,997	2,307	2,343	1,537	1,757	1,325
Unlevered Free Cash Flow	809.09	832.69	793.35	655.97	1,954	943.73

Updated May 4, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q