LPL Financial Holdings (LPLA) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), LPL Financial Holdings had a P/E ratio of 33.12 (up from 23.09), return on equity of 20.9% (down from 42.3%), debt-to-equity of 1.42 (down from 1.96) and a current ratio of 2.38 (up from 2.16). A current ratio of 2.38 means current assets exceed current liabilities. Its dividend yield was 0.34% with a payout ratio of 10.9%.

LPL Financial Holdings Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

Scroll to see more

Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	33.12	23.09	16.14	20.35	27.90	17.48
Forward P/E	21.10	20.32	15.61	13.13	21.02	18.93
P/S Ratio	1.72	2.02	1.75	2.03	1.69	1.43
P/B Ratio	5.35	8.34	8.28	7.94	7.68	6.28
Price/FCF	-	-	157.44	10.50	54.10	13.03
Price/OCF	-	88.07	33.58	8.84	28.32	10.46
PEG Ratio	1.03	1.58	0.76	0.25	1.01	0.78
Enterprise Value Ratios
Profitability & Returns
Return on Equity (ROE)	20.86%	42.26%	50.22%	44.07%	30.81%	40.42%
Return on Assets (ROA)	5.43%	8.93%	10.73%	9.68%	6.31%	7.58%
Return on Invested Capital (ROIC)	13.08%	15.39%	20.00%	17.20%	11.09%	12.47%
Leverage & Solvency Ratios
Debt/Equity	1.42	1.96	1.91	1.36	1.83	1.97
Debt/FCF	-	-	36.25	1.80	12.86	4.09
Liquidity Ratios
Current Ratio	2.38	2.16	1.75	1.55	1.74	1.58
Quick Ratio	2.31	2.11	1.71	1.52	1.70	1.54
Efficiency Ratios
Asset Turnover	1.04	1.02	0.99	0.97	1.04	0.92
Yield & Distribution Ratios
Earnings Yield	3.02%	4.33%	6.20%	4.92%	3.58%	5.72%
FCF Yield	-3.46%	-1.20%	0.64%	9.53%	1.85%	7.68%
Dividend Yield	0.34%	0.37%	0.52%	0.46%	0.62%	0.98%
Payout Ratio	10.94%	8.48%	8.65%	9.44%	17.42%	16.74%
Buyback Yield	-4.82%	3.13%	4.21%	0.56%	-1.29%	4.64%
Total Return	-4.48%	3.49%	4.73%	1.02%	-0.67%	5.62%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About LPL Financial Holdings Financial Ratios

What is LPL Financial Holdings's P/E ratio?

LPL Financial Holdings's P/E ratio was 33.12 for fiscal 2025 (period ended Dec 31, 2025). It was 23.09 a year earlier.

What is LPL Financial Holdings's return on equity?

LPL Financial Holdings's return on equity (ROE) was 20.9% for fiscal 2025 (period ended Dec 31, 2025). It was 42.3% a year earlier.

What is LPL Financial Holdings's debt-to-equity ratio?

LPL Financial Holdings's debt-to-equity ratio was 1.42 for fiscal 2025 (period ended Dec 31, 2025). It was 1.96 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition