LPL Financial Holdings Inc.

LPLACIK 000139791117 fiscal years

RevenueFY2025

$16.99B37.2%

Net incomeFY2025

$863.0M18.5%

Free cash flowFY2025

−$981.8M244.6%

Diluted EPSFY2025

$10.9222.2%

Trends

FY2009–FY2025 · hover a year for its filing

Revenue & net incomeRevenueNet income

revenue 6.2× since FY2009 · net margin 1.7% → 5.1%

MarginsNet marginFCF margin

FY2025: net 5.1% · free cash flow -5.8% of revenue

Cash flowOperating cash flowFree cash flow

FY2025: −$411.4M operating cash − $570.4M capex = −$981.8M free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity -5% (FY2010) → 16% (FY2025) · on assets 4.7%

Balance sheetLiabilitiesEquity

FY2025: $18.49B assets · $13.15B liabilities · $5.34B equity

Financial statements

Annual Quarterly

USD millions, except per-share values; share counts in millions. Hover a value for its XBRL tag and filing accession.

USD millions	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Revenue	16,989	12,385	10,053	8,601	7,721	5,872	5,625	5,188	4,281	4,049	4,275	4,374
Net income	863	1,059	1,066	846	460	473	560	439	239	192	169	178
Diluted EPS	10.92	14.03	13.69	10.40	5.63	5.86	6.62	4.85	2.59	2.13	1.74	1.75
Diluted shares	79	75	78	81	82	81	85	91	92	90	97	102
Operating cash flow	(411)	278	513	1,946	453	790	624	582	453	389	279	232
Capital expenditures	570	563	403	307	216	156	156	133	112	128	73	90
Free cash flow	(982)	(285)	109	1,639	237	634	467	449	341	261	207	143
Cash & equivalents	1,037	967	466	848	495	809	590	511	811	748	725	412
Total assets	18,493	13,317	10,385	9,482	7,992	6,596	5,880	5,477	5,359	4,835	4,521	4,042
Total liabilities	13,148	10,387	8,307	7,315	6,321	5,281	4,856	4,503	4,394	4,014	3,805	3,070
Shareholders' equity	5,344	2,931	2,079	2,168	1,671	1,315	1,024	974	965	821	716	972

As reported in SEC filings; a missing tag shows “—”, never zero. Free cash flow is operating cash flow − capex. Methodology