LPL Financial Holdings Inc.

LPLA Financial Capital Markets

LPL Financial Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.0 billion, up 37.2% from fiscal 2024.

Revenue
+17.4%
EPS
+1,325.2%
Free cash flow
+103.6%
Total debt
+3.74%

Quarter to September 2026, against a year earlier

301.16 10.32 −3.31%
Market cap
$23.4B
P/E
17.2×
Fwd P/E
15.2×
Dividend yield
0.40%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

LPL Financial Holdings Inc. (LPLA) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, LPL Financial Holdings Inc. (LPLA) trades at a price to free cash flow of 23.5×. Over the past ten years it has ranged from 0.0× (September 2026) to 261× (December 2024); the current reading is higher than 68% of that period. That is above the Capital Markets industry median of 9.3× and above the Financial sector median of 9.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 162× 1,432.89%
FY2022 10.6× (80.42%)
FY2021 54.0× 314.86%
FY2020 13.0× (20.09%)
FY2019 16.3× 35.86%
FY2018 12.0× (20.48%)
FY2017 15.1× 24.22%
FY2016 12.1× (38.19%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 23.9× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 261×
Ten-year median 15.6×
Current reading's percentile 68

Price to free cash flow against peers

Company Price to free cash flow
BMNR BitMine Immersion Technologies, Inc. compare n/m
IBKR Interactive Brokers Group, Inc. compare 2.1×
JEF Jefferies Financial Group Inc. compare 2.3×
NMR Nomura Holdings Inc ADR compare 5.2×
EVR Evercore Inc compare 6.9×
LPLA LPL Financial Holdings Inc. 23.5×
TW Tradeweb Markets Inc. compare 24.8×
CRCL Circle Internet Group, Inc. compare 26.5×
SF Stifel Financial Corporation compare 38.5×
Capital Markets industry median 9.3×
Financial sector median 9.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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