LPLA
Neutral signalScored 2026-09-01 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
Research, not advice.
À propos
LPL Financial Holdings Inc.
- Nom
- LPL Financial Holdings Inc.
- Secteur
- Financial Services
- Industrie
- Financial - Capital Markets
- Bourse
- NASDAQ
- Capitalisation
- $24.9B
- Employés
- 10,081
- PDG
- Richard Steinmeier
- Site web
- https://www.lpl.com
- Marché
- AMPGSIBKRJEFMSOPY
LPL Financial Holdings Inc., operating through its subsidiaries, delivers an integrated ecosystem of brokerage and investment advisory solutions. These services are primarily aimed at independent financial professionals and advisors affiliated with financial institutions across the United States. The firm's brokerage division offers a diverse range of financial instruments, encompassing various annuities (both variable and fixed), mutual funds, equities, and savings vehicles for retirement and education. It also includes fixed income products, insurance, and specialized alternative investments such as non-traded real estate investment trusts and auction rate notes. Furthermore, LPL provides advanced advisory platforms that facilitate access to mutual funds, exchange-traded funds (ETFs), stocks, bonds, specific option strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities. The company also extends its offerings to include money market programs and versatile retirement solutions. These solutions support both commission-based and fee-based services, empowering advisors to furnish brokerage services, consultation, and strategic advice to retirement plan sponsors. Additional services encompass essential tools designed to help advisors maintain and grow their practices. LPL also offers trust, investment management oversight, and custodial services tailored for estates and families, alongside insurance brokerage general agency services. Complementing these are sophisticated technology products, including proposal generation, investment analytics, and portfolio modeling capabilities. Founded in San Diego, California, in 1989, the company initially operated as LPL Investment Holdings Inc. before officially changing its name to LPL Financial Holdings Inc. in June 2012.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 5 427 titres (~1 924 937,10 $ US)
- Insiders
- Jambusaria AneriGates GregEnyedi Matthew
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$1,727,282
Avg sell (VWAP, 90d window) $354.83 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$110,422 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-08-27
- Last synced
-
2026-09-02 21:34:12
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-11 | Reeping Katharine | Sell · S | 440 | $347.88 | $153,049 | Form 4 |
| 2026-08-27 | Jambusaria Aneri | Sell · S · 10b5-1 | 308 | $357.36 | $110,067 | Form 4 |
| 2026-08-20 | Gates Greg | Sell · S | 4,119 | $355.38 | $1,463,810 | Form 4 |
| 2026-07-31 | Enyedi Matthew | Sell · S · 10b5-1 | 1 | $355.51 | $356 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2026-06-11 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2026-06-05 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2026-05-19 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2026-05-14 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2026-05-12 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2026-05-07 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2026-03-02 | Michael McCaul | Sale | $50,001 - $100,000 |
| 2025-12-10 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2025-04-02 | Val Hoyle | Sale | $1,001 - $15,000 |
| 2025-03-17 | Michael McCaul | Sale | $50,001 - $100,000 |
| 2025-03-03 | Valerie Hoyle | Purchase | $1,001 - $15,000 |
| 2024-07-18 | John James | Sale (Full) | $1,001 - $15,000 |
| 2023-11-10 | John James | Purchase | $1,001 - $15,000 |
| 2023-04-20 | Susie Lee | Sale (Full) | $15,001 - $50,000 |
| 2023-04-10 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-01-06 | Diana Harshbarger | Sale | $1,001 - $15,000 |
| 2022-11-14 | Diana Harshbarger | Sale | $1,001 - $15,000 |
| 2022-10-24 | Diana Harshbarger | Sale | $1,001 - $15,000 |
| 2022-05-23 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-01-21 | Diana Harshbarger | Purchase | $1,001 - $15,000 |
| 2022-01-21 | Diana Harshbarger | Purchase | $1,001 - $15,000 |
| 2022-01-21 | Diana Harshbarger | Purchase | $1,001 - $15,000 |
| 2022-01-21 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2021-06-15 | Susie Lee | Purchase | $1,001 - $15,000 |
| 2021-04-09 | Sara Jacobs | Sale (Full) | $15,001 - $50,000 |
| 2021-02-19 | Sara Jacobs | Purchase | $15,001 - $50,000 |
| 2020-10-19 | Susie Lee | Purchase | $1,001 - $15,000 |
| 2020-09-28 | Susie Lee | Purchase | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-09-01 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
LPLA presents a concerning combination of weak financial health (liquidity score: 45, fundamentals trend score: 35) and a low-conviction catalytic signal (score: 35, confidence: 0.45), driven by contradictory…
The first sentence of the analysis written for LPLA on 2026-09-01 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Supports a bullish reading. 6 purchase disclosures year to date
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Supports a bullish reading. Current ratio 2.42 · operating margin 13%
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 25.6% | 27.2% | 30.4% | 27.5% | 22.2% | |
| Ebit Margin | 9.1% | 13.5% | 16.2% | 14.4% | 9.1% | |
| Ebitda Margin | 12.8% | 17.0% | 19.8% | 17.7% | 12.1% | |
| Operating Profit Margin | 13.4% | 13.5% | 16.2% | 14.4% | 9.5% | |
| Pretax Profit Margin | 6.8% | 11.2% | 14.4% | 12.9% | 7.8% | |
| Continuous Operations Profit Margin | 5.1% | 8.5% | 10.6% | 9.8% | 6.0% | |
| Net Profit Margin | 5.1% | 8.5% | 10.6% | 9.8% | 6.0% | |
| Bottom Line Profit Margin | 5.1% | 8.5% | 10.6% | 9.8% | 6.0% | |
| Current Ratio | 2.420 | 1.625 | 1.595 | 1.579 | 1.626 | |
| Quick Ratio | 2.420 | 1.625 | 1.595 | 1.579 | 1.626 | |
| Solvency Ratio | 0.114 | 0.145 | 0.171 | 0.155 | 0.109 | |
| Cash Ratio | 0.285 | 0.231 | 0.131 | 0.233 | 0.181 | |
| Price To Earnings Ratio | 32.559 | 23.042 | 16.399 | 20.393 | 27.842 | |
| Price To Earnings Growth Ratio | -1.442 | 11.029 | 0.530 | 0.242 | -7.902 | |
| Forward Price To Earnings Growth Ratio | -1.442 | 11.029 | 0.530 | 0.242 | -7.902 | |
| Price To Earnings Diluted Ratio | 32.708 | 23.272 | 16.627 | 20.786 | 28.435 | |
| Price To Earnings Diluted Growth Ratio | -1.476 | 9.371 | 0.526 | 0.245 | -7.245 | |
| Price To Book Ratio | 5.258 | 8.324 | 8.409 | 7.959 | 7.667 | |
| Price To Sales Ratio | 1.654 | 1.970 | 1.739 | 2.006 | 1.659 | |
| Price To Free Cash Flow Ratio | -28.289 | -85.612 | 159.916 | 10.525 | 54.007 | |
| Price To Operating Cash Flow Ratio | -66.429 | 87.880 | 34.105 | 8.867 | 28.264 | |
| Debt To Assets Ratio | 0.393 | 0.432 | 0.382 | 0.311 | 0.382 | |
| Debt To Equity Ratio | 1.358 | 1.961 | 1.906 | 1.360 | 1.826 | |
| Debt To Capital Ratio | 0.576 | 0.662 | 0.656 | 0.576 | 0.646 | |
| Long Term Debt To Capital Ratio | 0.576 | 0.603 | 0.624 | 0.556 | 0.620 | |
| Financial Leverage Ratio | 3.460 | 4.544 | 4.995 | 4.375 | 4.784 | |
| Working Capital Turnover Ratio | 4.361 | 5.221 | 4.755 | 4.505 | 5.232 | |
| Operating Cash Flow Ratio | -0.116 | 0.066 | 0.144 | 0.536 | 0.165 | |
| Operating Cash Flow Sales Ratio | -0.025 | 0.022 | 0.051 | 0.226 | 0.059 | |
| Free Cash Flow Operating Cash Flow Ratio | 2.348 | -1.026 | 0.213 | 0.842 | 0.523 | |
| Debt Service Coverage Ratio | 4.701 | 1.345 | 3.443 | 9.976 | 4.089 | |
| Interest Coverage Ratio | 5.664 | 6.080 | 8.734 | 9.806 | 6.993 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.265 | 1.831 | 0.000 | 5.035 | |
| Operating Cash Flow Coverage Ratio | -0.058 | 0.048 | 0.129 | 0.660 | 0.149 | |
| Capital Expenditure Coverage Ratio | -0.742 | 0.493 | 1.271 | 6.346 | 2.098 | |
| Dividend Paid And Capex Coverage Ratio | -0.636 | 0.426 | 1.035 | 5.035 | 1.530 | |
| Dividend Payout Ratio | 0.109 | 0.085 | 0.086 | 0.094 | 0.174 | |
| Enterprise Value Multiple | 15.724 | 13.822 | 10.565 | 12.687 | 16.406 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 25.6% | ▼-1.6% | ▼-1.0% |
| Ebit Margin | 9.1% | ▼-4.3% | ▼-3.3% |
| Ebitda Margin | 12.8% | ▼-4.2% | ▼-3.0% |
| Operating Profit Margin | 13.5% | ▼-0.0% | ▲0.1% |
| Pretax Profit Margin | 6.8% | ▼-4.5% | ▼-3.9% |
| Continuous Operations Profit Margin | 5.1% | ▼-3.5% | ▼-2.9% |
| Net Profit Margin | 5.1% | ▼-3.5% | ▼-2.9% |
| Bottom Line Profit Margin | 5.1% | ▼-3.5% | ▼-2.9% |
| Current Ratio | 2.420 | ▲0.795 | ▲0.651 |
| Quick Ratio | 2.420 | ▲0.795 | ▲0.651 |
| Solvency Ratio | 0.114 | ▼-0.031 | ▼-0.025 |
| Cash Ratio | 0.285 | ▲0.054 | ▲0.073 |
| Price To Earnings Ratio | 32.559 | ▲9.517 | ▲8.512 |
| Price To Earnings Growth Ratio | -1.442 | ▼-12.470 | ▼-1.933 |
| Forward Price To Earnings Growth Ratio | -1.442 | ▼-12.470 | ▼-1.933 |
| Price To Earnings Diluted Ratio | 32.708 | ▲9.436 | ▲8.342 |
| Price To Earnings Diluted Growth Ratio | -1.476 | ▼-10.846 | ▼-1.760 |
| Price To Book Ratio | 5.258 | ▼-3.066 | ▼-2.265 |
| Price To Sales Ratio | 1.654 | ▼-0.316 | ▼-0.151 |
| Price To Free Cash Flow Ratio | -28.289 | ▲57.324 | ▼-50.398 |
| Price To Operating Cash Flow Ratio | -66.429 | ▼-154.309 | ▼-84.967 |
| Debt To Assets Ratio | 0.393 | ▼-0.039 | ▲0.013 |
| Debt To Equity Ratio | 1.358 | ▼-0.603 | ▼-0.324 |
| Debt To Capital Ratio | 0.576 | ▼-0.086 | ▼-0.047 |
| Long Term Debt To Capital Ratio | 0.576 | ▼-0.027 | ▼-0.020 |
| Financial Leverage Ratio | 3.460 | ▼-1.084 | ▼-0.972 |
| Working Capital Turnover Ratio | 4.361 | ▼-0.861 | ▼-0.454 |
| Operating Cash Flow Ratio | -0.116 | ▼-0.182 | ▼-0.275 |
| Operating Cash Flow Sales Ratio | -0.025 | ▼-0.047 | ▼-0.092 |
| Free Cash Flow Operating Cash Flow Ratio | 2.348 | ▲3.375 | ▲1.768 |
| Debt Service Coverage Ratio | 4.701 | ▲3.356 | ▼-0.010 |
| Interest Coverage Ratio | 5.664 | ▼-0.416 | ▼-1.792 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | ▼-0.265 | ▼-1.426 |
| Operating Cash Flow Coverage Ratio | -0.058 | ▼-0.107 | ▼-0.244 |
| Capital Expenditure Coverage Ratio | -0.742 | ▼-1.235 | ▼-2.635 |
| Dividend Paid And Capex Coverage Ratio | -0.636 | ▼-1.062 | ▼-2.114 |
| Dividend Payout Ratio | 0.109 | ▲0.025 | ▼-0.000 |
| Enterprise Value Multiple | 15.724 | ▲1.902 | ▲1.883 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $28.10B | $24.39B | $17.48B | $17.25B | $12.81B | |
| Enterprise value | $34.32B | $29.18B | $20.98B | $19.35B | $15.36B | |
| EV / Sales | 2.02x | 2.36x | 2.09x | 2.25x | 1.99x | |
| EV / Op. cash flow | -81.14x | 105.10x | 40.93x | 9.95x | 33.90x | |
| EV / Free cash flow | -34.55x | -102.39x | 191.91x | 11.81x | 64.78x | |
| EV / EBITDA | 15.72x | 13.82x | 10.56x | 12.69x | 16.41x | |
| Net debt / EBITDA | 2.85x | 2.27x | 1.76x | 1.38x | 2.73x | |
| Current ratio | 2.42x | 1.62x | 1.59x | 1.58x | 1.63x | |
| Income quality | -0.49x | 0.26x | 0.48x | 2.30x | 0.98x | |
| Graham number | $129 | $112 | $92 | $80 | $52 | |
| Graham net-net | -$98 | -$86 | -$73 | -$58 | -$52 | |
| Tax burden | 75.1% | 76.0% | 73.8% | 76.1% | 76.5% | |
| Interest burden | 74.0% | 83.6% | 88.6% | 89.8% | 85.2% | |
| Working capital | $5.17B | $2.62B | $2.12B | $2.10B | $1.71B | |
| Invested capital | $12.56B | $7.61B | $5.68B | $5.05B | $4.57B | |
| Return on assets | 4.7% | 7.9% | 10.3% | 8.9% | 5.8% | |
| Operating ROA | 14.4% | 14.1% | 16.4% | 14.2% | 10.0% | |
| Return on tangible assets | 6.9% | 11.0% | 13.6% | 11.4% | 7.8% | |
| Return on equity | 16.1% | 36.1% | 51.3% | 39.0% | 27.5% | |
| Return on invested capital | 11.6% | 12.5% | 17.0% | 16.1% | 10.5% | |
| Return on capital employed | 15.4% | 18.3% | 23.9% | 21.2% | 13.9% | |
| Earnings yield | 3.1% | 4.3% | 6.1% | 4.9% | 3.6% | |
| Free cash flow yield | -3.5% | -1.2% | 0.6% | 9.5% | 1.9% | |
| Capex / Op. cash flow | -134.8% | 202.6% | 78.7% | 15.8% | 47.7% | |
| Capex / Depreciation | 87.5% | 126.8% | 113.9% | 106.7% | 93.6% | |
| Capex / Sales | 3.4% | 4.5% | 4.0% | 3.6% | 2.8% | |
| SG&A / Sales | 14.6% | 8.4% | 8.5% | 13.5% | 8.0% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.5% | 0.7% | 0.7% | 0.6% | 0.6% | |
| Intangibles / Total assets | 32.3% | 27.5% | 24.3% | 21.8% | 26.2% | |
| Days sales outstanding | 124d | 115d | 104d | 103d | 105d | |
| Days payables outstanding | 0d | 106d | 152d | 193d | 138d | |
| Operating cycle | 124d | 115d | 104d | 103d | 105d | |
| Cash conversion cycle | 124d | 9d | -48d | -90d | -32d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-09-01 LPL Welcomes ClearHaven Wealth Management to Linsco SAN DIEGO, Sept. 01, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Ryan Lewis, Dan Hocking and Steve Braatz have joined Linsco by LPL Financial to launch ClearHaven Wealth Management. The team reported serving approximately $395 million in advisory, brokerage and retirement plan assets.* Lewis joins LPL from Morgan Stanley and Hocking and Braatz from RBC Wealth Management.
- 2026-08-27 Bamco Inc. NY Makes New Investment in LPL Financial Holdings Inc. $LPLA Bamco Inc. NY purchased a new stake in shares of LPL Financial Holdings Inc. (NASDAQ: LPLA) during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 114,224 shares of the financial services provider''s stock, valued at approximately $32,175,000. Bamco Inc. NY owned
- 2026-08-25 Here''s Why LPL Financial Holdings Inc. (LPLA) is a Strong Momentum Stock Whether you''re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 2026-08-25 LPL Financial Welcomes Preferred Financial Group SAN DIEGO, Aug. 25, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Pat Gilbert and James Gilbert of Preferred Financial Group have joined LPL Financial''s broker-dealer and Registered Investment Advisor (RIA) platforms. The team reported serving approximately $230 million in advisory, brokerage and retirement plan assets* and joins LPL from Harbour Investments, Inc.
- 2026-08-24 LPL Financial Appoints Jonathan Lewis as Managing Director, Chief Technology and Information Officer SAN DIEGO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, today announced that Jonathan Lewis has joined the firm as managing director, chief technology and information officer. In this role, Lewis will lead key technology domains for the firm, including architecture, engineering, infrastructure and development.
- 2026-08-24 LPL Financial Welcomes Conte Wealth Advisors, LLC SAN DIEGO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the Conte Wealth Advisors, LLC (CWA) team has joined LPL Financial''s broker-dealer and Registered Investment Advisor (RIA) platform. The firm reported serving approximately $1.6 billion in advisory, brokerage and retirement plan assets* and joins LPL from Cambridge Investment Research.
- 2026-08-23 Danske Bank A S Buys Shares of 2,721 LPL Financial Holdings Inc. $LPLA Danske Bank A S bought a new stake in LPL Financial Holdings Inc. (NASDAQ: LPLA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,721 shares of the financial services provider''s stock, valued at approximately $766,000. A number of
- 2026-08-21 Can LPL Financial Sustain Its Strong Asset-Gathering Momentum? LPL Financial Holdings Inc. LPLA reported its July 2026 activity, showing continued growth in client assets and positive organic net new assets (NNA), despite modest sequential declines across some key metrics.
- 2026-08-21 4,732,991 Shares in LPL Financial Holdings Inc. $LPLA Acquired by BlackRock Inc. BlackRock Inc. acquired a new stake in shares of LPL Financial Holdings Inc. (NASDAQ: LPLA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,732,991 shares of the financial services provider''s stock, valued at approximately $1,333,189,000. BlackRock Inc. owned approximately 6.01% of LPL
- 2026-08-20 LPL Financial Reports Monthly Activity for July 2026 SAN DIEGO, Aug. 20, 2026 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. ( Nasdaq: LPLA ) (the “Company”) today released its monthly activity report for July 2026.