LPL Financial Holdings Inc. (LPLA)

NASDAQ: LPLA · IEX Real-Time Price · USD
+0.42 (0.19%)
Dec 4, 2023, 4:00 PM EST - Market closed

Total Valuation

LPLA has a market cap or net worth of $16.82 billion. The enterprise value is $17.65 billion.

Market Cap 16.82B
Enterprise Value 17.65B

Important Dates

The next estimated earnings date is Thursday, February 1, 2024, after market close.

Earnings Date Feb 1, 2024
Ex-Dividend Date Nov 8, 2023

Share Statistics

LPLA has 75.62 million shares outstanding. The number of shares has decreased by -5.05% in one year.

Shares Outstanding 75.62M
Shares Change (YoY) -5.05%
Shares Change (QoQ) -1.34%
Owned by Insiders (%) 0.61%
Owned by Institutions (%) 97.35%
Float 75.00M

Valuation Ratios

The trailing PE ratio is 15.09 and the forward PE ratio is 14.14. LPLA's PEG ratio is 1.00.

PE Ratio 15.09
Forward PE 14.14
PS Ratio 1.72
Forward PS 1.57
PB Ratio 8.04
P/FCF Ratio n/a
PEG Ratio 1.00
Financial Ratio History

Enterprise Valuation

EV / Earnings 15.11
EV / Sales 1.81
EV / EBITDA 8.51
EV / EBIT 10.14
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.49
Debt / EBITDA 1.51
Debt / FCF n/a
Interest Coverage 10.27

Financial Efficiency

Return on equity (ROE) is 54.50% and return on invested capital (ROIC) is 24.81%.

Return on Equity (ROE) 54.50%
Return on Assets (ROA) 12.40%
Return on Capital (ROIC) 24.81%
Revenue Per Employee $1.41M
Profits Per Employee $169,243
Employee Count 6,900
Asset Turnover 1.04
Inventory Turnover n/a


In the past 12 months, LPLA has paid $402.43 million in taxes.

Income Tax 402.43M
Effective Tax Rate 25.63%

Stock Price Statistics

The stock price has decreased by -0.45% in the last 52 weeks. The beta is 0.86, so LPLA's price volatility has been lower than the market average.

Beta (1Y) 0.86
52-Week Price Change -0.45%
50-Day Moving Average 227.18
200-Day Moving Average 219.83
Relative Strength Index (RSI) 47.50
Average Volume (30 Days) 584,484

Short Selling Information

The latest short interest is 906,637, so 1.20% of the outstanding shares have been sold short.

Short Interest 906,637
Short Previous Month 863,024
Short % of Shares Out 1.20%
Short % of Float 1.21%
Short Ratio (days to cover) 1.40

Income Statement

In the last 12 months, LPLA had revenue of $9.74 billion and earned $1.17 billion in profits. Earnings per share was $14.73.

Revenue 9.74B
Gross Profit 3.99B
Operating Income 1.74B
Pretax Income 1.57B
Net Income 1.17B
EBIT 1.74B
Earnings Per Share (EPS) $14.73
Full Income Statement

Balance Sheet

The company has $2.28 billion in cash and $3.12 billion in debt, giving a net cash position of -$849.45 million or -$11.23 per share.

Cash & Cash Equivalents 2.28B
Total Debt 3.12B
Net Cash -849.45M
Net Cash Per Share -$11.23
Equity / Book Value 2.09B
Book Value Per Share 27.65
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $193.49 million and capital expenditures -$371.86 million, giving a free cash flow of -$178.37 million.

Operating Cash Flow 193.49M
Capital Expenditures -371.86M
Free Cash Flow -178.37M
FCF Per Share -$2.35
Full Cash Flow Statement


Gross margin is 40.99%, with operating and profit margins of 17.86% and 11.99%.

Gross Margin 40.99%
Operating Margin 17.86%
Pretax Margin 16.12%
Profit Margin 11.99%
EBITDA Margin 21.29%
EBIT Margin 17.86%
FCF Margin -1.83%

Dividends & Yields

This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 0.54%.

Dividend Per Share $1.20
Dividend Yield 0.54%
Earnings Yield 6.95%
FCF Yield -1.06%
Dividend Growth (YoY) 20.00%
Payout Ratio 8.15%
Buyback Yield 5.05%
Shareholder Yield 5.59%
Dividend Details

Analyst Forecast

The average price target for LPLA is $254.33, which is 14.35% higher than the current price. The consensus rating is "Buy".

Price Target $254.33
Price Target Difference 14.35%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) 8.10%
EPS Growth Forecast (5Y) 14.42%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a


Altman Z-Score n/a
Piotroski F-Score 6