LPLA vs CM vs TOP Stock Comparison

LPL Financial Holdings, Canadian Imperial Bank Of Commerce and TOP Financial Prices as of Oct 27, 2026 Peers: Industry group
TOP TOP Financial Group Ltd
$15.44 -0.2% 1M +1,176.0% 1Y
Market cap
$134.49M
P/E
–
Revenue (TTM)
—
Div. yield
–
Retail Brokerage Financial Services
1 win

Head to Head

9 decided of 12

Canadian Imperial Bank Of Commerce leads on 6 of the 12 questions below (Canadian Imperial Bank Of Commerce 6, LPL Financial Holdings 2, TOP Financial 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLPLACMTOPLeader
Larger companyMarket capitalisation $25.01B $107.92B $134.49M CM
Cheaper on earningsLower P/E, profitable companies only 18.2x 15.6x -1,020x CM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.1x 16.6x — LPLA
Faster revenue growthRevenue growth, trailing twelve months +31.0% +15.7% — LPLA
More profitableNet margin, trailing twelve months — 29.9% — –
Better return on capitalReturn on invested capital — 26.3% — –
Less leveragedLower net debt / EBITDA — 1.0x — –
Higher dividend yieldTrailing dividend yield 0.38% 3.67% — CM
Better 1-year returnPrice return, last 12 months -7.5% +40.4% +1,176.0% TOP
Better 5-year returnAnnualised price return, 5 years +12.7%/yr +13.8%/yr — CM
Less volatileAnnualised volatility, 1 year 37.0% 21.7% 184.8% CM
Higher overall scoreMean of the five percentile scores vs peers 40/100 52/100 — CM

Percentile Scorecard

LPLACMTOP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLPLACMTOP
Valuation 38 #60 of 96 26 #268 of 360 36 #62 of 96
Growth 66 #23 of 66 75 #48 of 191 –
Profitability – 89 #20 of 168 –
Financial Health – 13 #153 of 175 86 #14 of 93
Shareholder Returns 16 #32 of 38 58 #143 of 341 –
Overall 40 52 –
  • LPLA ranked among 110 companies in Capital Markets
  • CM ranked among 368 companies in Banking
  • TOP ranked among 110 companies in Capital Markets

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLPLACMTOPSPY
1 month +1.0%+2.5%-0.2% -0.2%
3 months -7.3%-2.8%+583.2% +3.9%
6 months -4.8%+6.3%+1,806.2% +8.2%
Year to date -11.1%+28.5%+1,444.0% +12.9%
1 year -7.5%+40.4%+1,176.0% +12.3%
3 years +43.4%+235.4%+232.0% +87.4%
3 years, per year +12.8%+49.7%+49.2% +23.3%
5 years +81.7%+90.9%— +67.9%
5 years, per year +12.7%+13.8%— +10.9%
10 years +902.1%+209.3%— +261.1%
10 years, per year +25.9%+12.0%— +13.7%

Risk

MeasureLPLACMTOPSPY
Volatility, 1Y 37.0%21.7%184.8% 12.7%
Downside volatility, 1Y 40.1%23.0%82.1% 12.7%
Beta vs S&P 500, 1Y 0.920.832.26 1.00
Return / volatility, 1Y -0.201.866.36 0.97
Max drawdown, 5Y -33.4%-47.4%-99.4% -25.4%
From 52-week high -19.2%-5.9%-7.7% -1.2%
52-week high $393.25$123.74$16.73 $779.14
52-week low $265.86$82.39$0.62 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLPLACMTOP
P/E now vs peer median 18.2xmedian 28.3x 15.6xmedian 12.1x -1,020xmedian 28.3x
P/S now vs peer median 1.2xmedian 2.9x 4.6xmedian 3.4x 124.9xmedian 2.9x
EV/EBITDA now vs peer median —median 13.5x 4.3xmedian 5.0x —median 13.5x
P/FCF now vs peer median -26.0xmedian 16.0x 10.5xmedian 10.9x 22.3xmedian 16.0x
P/B now vs peer median 4.3xmedian 2.4x 2.3xmedian 1.2x 3.6xmedian 2.4x
PEG now vs peer median 3.82median 0.54 0.59median 1.34 —median 0.54

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLPLACMTOP
Revenue $20.40B $23.35B –
Net income – $7.33B –
Free cash flow – $10.29B –
EPS (diluted) $17.40 $7.41 –
Cash & equivalents $1.06B $10.94B $45.27M
Total debt – $45.66B $40.70M
Shares (diluted) 80.03M 940.68M 7.49M
Enterprise value $25.01B $67.21B $20.98M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLPLACMTOP
P/E 18.2x 15.6x -1,020x
P/FCF -26.0x 10.5x 22.3x
P/Operating cash flow – 10.5x –
P/S 1.2x 4.6x 124.9x
P/B 4.3x 2.3x 3.6x
P/Tangible book 10.7x 2.4x 3.6x
EV/EBITDA – 4.3x –
EV/EBIT – 4.6x –
EV/Revenue 1.2x 6.1x –
EV/FCF – 13.8x –
EV/Operating cash flow – 13.8x –
PEG (3Y EPS CAGR) 3.82 0.59 –

Growth

14 metrics
MetricLPLACMTOP
Revenue growth (1Y) 31.0% 15.7% –
Revenue CAGR (3Y) 27.9% 11.1% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) – 25.5% –
Net income CAGR (3Y) – 27.5% –
EPS growth (1Y) 67.9% 24.8% –
EPS CAGR (3Y) 4.8% 26.4% –
Operating cash flow growth (1Y) – -16.2% –
Operating cash flow CAGR (3Y) – 15.7% –
Free cash flow growth (1Y) – -16.2% –
Free cash flow CAGR (3Y) – 15.7% –

Profitability

14 metrics
MetricLPLACMTOP
Gross margin – – –
EBITDA margin – 142.0% –
Operating margin – – –
Pretax margin – 39.0% –
Net margin – 29.9% –
FCF margin – 44.1% –
Operating cash flow margin – 44.1% –
Return on equity – 15.3% –
Return on assets – 0.9% –
Return on invested capital – 26.3% –
Return on capital employed – – –
Asset turnover 1.0x 0.0x –
Cash conversion (OCF / net income) – 1.4x –
Stock comp / revenue – 0.1% –

Financial Health

11 metrics
MetricLPLACMTOP
Debt / assets – 5.4% 0.4%
Debt / equity – 1.0x 0.0x
Net debt / EBITDA – 1.0x –
Debt / FCF – 4.4x –
Liabilities / assets 70.7% 94.3% 76.6%
Equity / assets 29.3% 5.7% 23.4%
Interest coverage – 1.4x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricLPLACMTOP
Dividend yield 0.4% 3.7% –
Net buyback yield – -0.7% –
Shareholder yield 0.4% 3.0% –
Payout ratio (earnings) – 42.4% –
Payout ratio (FCF) – 30.2% –
Dividend growth (1Y) – 12.8% –
Dividend CAGR (3Y) – 19.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLPLACMTOP
Forward P/E 14.1xFY2026 16.6xFY2026 –
EPS, next fiscal year $22.53FY2026 $7.02FY2026 –
EPS growth, next FY +12.1%FY2026 +14.3%FY2026 –
EPS growth, the year after +30.1% +12.4% –
Revenue, next fiscal year $20.12BFY2026 $25.13BFY2026 –
Revenue growth, next FY +18.4%FY2026 +20.9%FY2026 –
Revenue growth, the year after +24.3% -5.9% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLPLACMTOP
Held by institutions 100.0% 45.6% –
Institutions holding 765 566 –
Change in shares held, QoQ +0.7% 0.0% –
Institutions buying 351 291 –
Institutions selling 301 172 –
Buyers to sellers 1.17 1.69 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LPLACMTOP
LPLA 1.00 0.32 0.09
CM 0.32 1.00 0.06
TOP 0.09 0.06 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LPLA, CM and TOP?

Canadian Imperial Bank Of Commerce (CM) is the largest by market capitalisation: LPL Financial Holdings (LPLA) $25.01B, Canadian Imperial Bank Of Commerce (CM) $107.92B, TOP Financial (TOP) $134.49M.

Which stock is cheaper, LPLA, CM and TOP?

Canadian Imperial Bank Of Commerce (CM) trades on the lowest price-to-earnings ratio (LPL Financial Holdings (LPLA) 18.2x, Canadian Imperial Bank Of Commerce (CM) 15.6x, TOP Financial (TOP) -1,020x). On next year's consensus earnings, LPL Financial Holdings (LPLA) is cheapest (LPL Financial Holdings (LPLA) 14.1x, Canadian Imperial Bank Of Commerce (CM) 16.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

LPL Financial Holdings (LPLA) grew revenue fastest over the trailing twelve months: LPL Financial Holdings (LPLA) +31.0%, Canadian Imperial Bank Of Commerce (CM) +15.7%.

Which stock has performed better?

Over the past year TOP Financial (TOP) returned the most: LPL Financial Holdings (LPLA) -7.5%, Canadian Imperial Bank Of Commerce (CM) +40.4%, TOP Financial (TOP) +1,176.0%. Over five years, Canadian Imperial Bank Of Commerce (CM) compounded fastest (LPL Financial Holdings (LPLA) +12.7%/yr, Canadian Imperial Bank Of Commerce (CM) +13.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Canadian Imperial Bank Of Commerce (CM) has the highest dividend yield: LPL Financial Holdings (LPLA) 0.38%, Canadian Imperial Bank Of Commerce (CM) 3.67%. TOP Financial (TOP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Canadian Imperial Bank Of Commerce (CM) has been the steadiest (LPL Financial Holdings (LPLA) 37.0%, Canadian Imperial Bank Of Commerce (CM) 21.7%, TOP Financial (TOP) 184.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LPLA, CM and TOP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Canadian Imperial Bank Of Commerce (CM) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.