LPL Financial Holdings Inc
Research LPL Financial Holdings Inc (LPLA) on Bullrun: valuation model: 24.2% overvalued, market cap USD 28.65B, P/E 28.9, dividend yield 0.3%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerLPLA
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryCapital Markets
- CurrencyUSD
- Valuation signal24.2% overvalued
- Market capUSD 28.65B
- P/E28.9
- Dividend yield0.3%
- Financial periodQ2 2026
- RevenueUSD 5.19B
- Net incomeUSD 379.26M
- Free cash flowUSD 202.51M
- Gross margin24.5%
Valuation Snapshot
Bullrun's latest valuation model marks LPL Financial Holdings Inc as 24.2% overvalued; latest market cap is USD 28.65B; P/E is 28.9; dividend yield is 0.3%.
Peer valuation comparison
Latest P/E is 28.86x versus a Financial Services sector median of 13.84x (108.6% above).
Latest dividend yield is 0.33% versus a Financial Services sector median of 3.86% (91.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 16.99B | USD 863.02M | -USD 981.78M | 23.7% | 10.92 | USD 1.04B | USD 7.26B | USD 5.34B |
| FY2024 | USD 12.39B | USD 1.06B | -USD 284.94M | 27.2% | 14.03 | USD 967.08M | USD 5.49B | USD 2.93B |
| FY2023 | USD 10.05B | USD 1.07B | USD 109.33M | n/a | 13.69 | USD 465.67M | USD 3.73B | USD 2.08B |
| FY2022 | USD 8.60B | USD 845.70M | USD 1.64B | n/a | 10.4 | USD 847.52M | USD 2.72B | USD 2.17B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 28.65B | 28.9 | 0.3% | 1.2 |
| 2025 | 2025-12-31 | USD 28.60B | 32.4 | 0.3% | 1.2 |
| 2024 | 2024-12-31 | USD 24.38B | 23.3 | 0.4% | 1.2 |
| 2023 | 2023-12-29 | USD 17.21B | 15.4 | 0.5% | 1.2 |
| 2022 | 2022-12-30 | USD 17.21B | 27.7 | 0.5% | 1 |
| 2021 | 2021-12-31 | USD 12.81B | 28.4 | 0.6% | 1 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.2 USD, yield 0.3%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.2 USD |
| FY2024 | 1.2 USD |
| FY2023 | 1.2 USD |
| FY2022 | 1 USD |
About LPL Financial Holdings Inc
LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company's brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance;
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Frequently asked questions
Is LPL Financial Holdings Inc overvalued or undervalued?
Bullrun's valuation model currently marks LPL Financial Holdings Inc as 24.2% overvalued.
What is LPL Financial Holdings Inc's market cap?
LPL Financial Holdings Inc's market capitalization is USD 28.65B.
What is LPL Financial Holdings Inc's P/E ratio?
LPL Financial Holdings Inc's price-to-earnings (P/E) ratio is 28.9.
Does LPL Financial Holdings Inc pay a dividend?
LPL Financial Holdings Inc has a dividend yield of 0.3%.
What does LPL Financial Holdings Inc do?
LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company's brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account.