Interactive Brokers Group, Inc. (IBKR) vs LPL Financial Holdings Inc. (LPLA)
Interactive Brokers Group, Inc. and LPL Financial Holdings Inc. are both Capital Markets companies. Interactive Brokers Group, Inc. is the larger, with a market value of $40.9B against $23.8B — 1.7× the size. LPL Financial Holdings Inc. trades at the lower P/E: 25.0× against 35.3×. LPL Financial Holdings Inc. grew revenue faster over the last twelve months: 38.8% against 21.3%. Interactive Brokers Group, Inc. has the higher net margin (16.4% vs 5.13%) and the lower return on invested capital (0.00% vs 11.0%). Both pay a dividend; LPL Financial Holdings Inc. yields more (0.53% vs 0.42%). Across the 21 metrics below, Interactive Brokers Group, Inc. leads on 11 and LPL Financial Holdings Inc. on 10.
Valuation
Profitability
| Metric | IBKR | LPLA | Capital Markets median |
|---|---|---|---|
| Gross margin | 93.72% | 31.85% | 62.80% |
| Operating margin | 78.19% | 9.06% | 0.00% |
| Net margin | 16.41% | 5.13% | (0.55%) |
| Free cash flow margin | 230.72% | (4.75%) | 0.00% |
| Return on equity | 5.52% | 18.59% | 0.00% |
| Return on assets | 0.53% | 5.40% | 0.00% |
| Return on invested capital | 0.00% | 11.01% | 0.00% |
Growth
Health
Dividend
Size
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