LPL Financial Holdings Inc. (LPLA)

From the record

LPL Financial Holdings Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

LPL Financial Holdings Inc.'s 10 filed years say what it did: revenue went from $4.0 billion in fiscal 2016 to $17 billion in fiscal 2025, up 17.3% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, LPL Financial Holdings Inc.'s diluted share count shrank about 0.9% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 53 sales (49 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, LPL Financial Holdings Inc. earned about 16 cents of profit for every dollar of shareholders' money. Leverage: it owed about 71 cents per dollar of assets, and net share issuance: its share count grew 4.8% over the year (the filed statements).

From the record

LPL Financial Holdings Inc.'s standing among 13 graded names in its industry family: revenue of $17 billion in fiscal 2025 ranks in the top 12% by size; a net margin of 5.1% ranks in the top 50%; revenue growth of 25.5% a year over the last 3 filed years ranks in the top 27% (its annual reports).

From the record

LPL Financial Holdings Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Steinmeier, Richard (Chief Executive Officer, as filed), filing under that title since 2025-02-20, 1.7 years (bottom 21% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 6.8 years (bottom 36%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (bottom 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

LPL Financial Holdings Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.0 billion against debt of $7.3 billion leaves -33.6% of its assets as net cash, bottom 4% of its family; cash from operations less capital spending is -5.8% of revenue (bottom 35%) (its annual report).

From the record

LPL Financial Holdings Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 25.5% a year over the last three filed years against 17.3% over all 10, speeding up (top 12% of its family); the newest year grew 37.2% (top 19%); capital spending grew 23% a year (top 42%) (its annual reports). LPL Financial Holdings Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

LPL Financial Holdings Inc.'s newest year against its own record: revenue of $17 billion in fiscal 2025 came in 14.3% above the $15 billion its prior three years' pace pointed to (top 35% of its family); net income of $863 million against a prior three-year average of $990 million (bottom 35%); a net margin of 5.1% against 9.7% before (bottom 27%) (its annual reports).