LPL Financial Holdings Inc.
NASDAQ Global SelectTotal Valuation
LPL Financial Holdings Inc. carries a market capitalization of 22.61B, placing it among publicly traded companies globally. Its enterprise value stands at 30.38B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 22.61B |
| Enterprise Value | 30.38B |
Share Statistics
LPL Financial Holdings Inc. currently has 80.19M shares outstanding.
| Shares Outstanding | 80.19M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
LPL Financial Holdings Inc. trades at a trailing price-to-earnings ratio of 26.73. The price-to-sales ratio is 1.32, and the price-to-book ratio stands at 3.90.
| PE Ratio | 26.73 |
| PS Ratio | 1.32 |
| PB Ratio | 3.90 |
| P/TBV Ratio | -62.15 |
| P/FCF Ratio | -52.48 |
| P/OCF Ratio | -52.25 |
Enterprise Valuation
On an enterprise value basis, LPL Financial Holdings Inc. trades at an EV/EBITDA multiple of 13.20 and an EV/FCF ratio of 68.06. The EV/Sales ratio of 1.66 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 18.59 provides insight into valuation relative to core operating earnings.
| EV / Sales | 1.66 |
| EV / EBITDA | 13.20 |
| EV / EBIT | 18.59 |
| EV / FCF | 68.06 |
Financial Position
LPL Financial Holdings Inc. maintains a current ratio of 2.41, meaning it holds 2.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 130.38, indicating elevated leverage, while an interest coverage ratio of 5.51 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 2.41 |
| Quick Ratio | 1.86 |
| Debt / Equity | 130.38 |
| Debt / EBITDA | 3.22 |
| Interest Coverage | 5.51 |
Financial Efficiency
LPL Financial Holdings Inc. posts a return on equity of 15.62 and a return on invested capital of 10.91.
| Return on Equity (ROE) | 15.62 |
| Return on Assets (ROA) | 5.49 |
| Return on Invested Capital (ROIC) | 10.91 |
| Return on Capital Employed (ROCE) | 9.72 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, LPL Financial Holdings Inc. has paid 315.98M in income taxes, reflecting an effective tax rate of 25.97.
| Income Tax | 315.98M |
| Effective Tax Rate | 25.97 |
Stock Price Statistics
LPL Financial Holdings Inc.'s stock has declined approximately -26.77133% over the past 52 weeks. The 50-day moving average sits at 304.76, while the 200-day moving average is 336.88.
| Beta (5Y) | N/A |
| 52-Week Price Change | -26.77133% |
| 50-Day Moving Average | 304.76 |
| 200-Day Moving Average | 336.88 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, LPL Financial Holdings Inc. generated 18.26B in revenue and converted that into 900.86M in net income, yielding earnings per share of 11.21. EBITDA reached 2.30B, while operating income came in at 1.63B.
| Revenue | 18.26B |
| Gross Profit | 4.28B |
| Operating Income | 1.63B |
| Pretax Income | 1.22B |
| Net Income | 900.86M |
| EBITDA | 2.30B |
| EBIT | 1.63B |
| Earnings Per Share (EPS) | 11.21 |
Balance Sheet
LPL Financial Holdings Inc. holds 1.11B in cash and equivalents against 7.41B in total debt, resulting in a net debt position of 6.16B. Total book value stands at 6.17B, with working capital of 5.46B providing operational flexibility.
| Cash & Cash Equivalents | 1.11B |
| Total Debt | 7.41B |
| Net Debt | 6.16B |
| Equity (Book Value) | 6.17B |
| Book Value Per Share | 77.06 |
| Working Capital | 5.46B |
Cash Flow
LPL Financial Holdings Inc. produced -460.81M in operating cash flow over the past twelve months.
| Operating Cash Flow | -460.81M |
| Capital Expenditures | N/A |
| Free Cash Flow | -460.81M |
| FCF Per Share | -5.76 |
Margins
LPL Financial Holdings Inc. operates with a gross margin of 23.43, reflecting its pricing power and cost economics. The operating margin of 8.95 and net profit margin of 4.93 provide insight into operational efficiency.
| Gross Margin | 23.43 |
| Operating Margin | 8.95 |
| Pretax Margin | 6.66 |
| Profit Margin | 4.93 |
| EBITDA Margin | 12.61 |
Dividends & Yields
The company's payout ratio of 10.66 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.20 |
| Dividend Yield | N/A |
| Payout Ratio | 10.66 |
| Shareholder Yield | -12.51 |
| FCF Yield | -1.91 |
Scores
LPL Financial Holdings Inc. posts an Altman Z-Score of 4.14, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 4.14 |