LPL Financial Holdings (LPLA) EBITDA Margin (2010 - 2026)
LPL Financial Holdings (LPLA) posted EBITDA Margin of 11.9% for Q2 2026, little changed on a QoQ basis from 11.84% in Q1 2026, and down 48.0% year-over-year from 22.88% in Q2 2025.
Analysis
LPL Financial Holdings (LPLA) EBITDA Margin (2010 - 2026) Analysis & Trends
LPL Financial Holdings has reported EBITDA Margin for 17 years, with the latest figure at 11.9% in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 48.0% year-over-year to 11.9% in Q2 2026; TTM through Jun 2026 was 9.06%, a 379.0% decrease from a year earlier, with the FY2025 full-year figure at 11.46%, down 450.0% from the prior year.
- EBITDA Margin was 11.9% for Q2 2026 at LPL Financial Holdings, roughly flat from 11.84% in the prior quarter.
- The five-year high for EBITDA Margin was 21.95% in Q4 2022, with the low at 1.59% in Q3 2025.
- Average EBITDA Margin over 5 years is 13.87%, with a median of 13.53% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: EBITDA Margin soared 1163 bps in 2022, then sank 1177 bps in 2025.
- Over 5 years, EBITDA Margin stood at 21.95% in 2022, then slumped by 38 bps to 13.62% in 2023, then slipped by 11 bps to 12.05% in 2024, then declined by 15 bps to 10.2% in 2025, then increased by 17 bps to 11.9% in 2026.
- The last three EBITDA Margin figures came in at 11.9% (Q2 2026), 11.84% (Q1 2026), and 10.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 35.93% |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 138.98% |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 11.90% |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 62.05% |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 31.17% |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 113.62% |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 31.48% |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | -1.90% |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | -35.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.90% |
| Mar 31, 2026 | 11.84% |
| Dec 31, 2025 | 10.20% |
| Sep 30, 2025 | 1.59% |
| Jun 30, 2025 | 12.37% |
| Mar 31, 2025 | 13.71% |
| Dec 31, 2024 | 12.05% |
| Sep 30, 2024 | 13.36% |
| Jun 30, 2024 | 13.45% |
| Mar 31, 2024 | 15.33% |
| Dec 31, 2023 | 13.62% |
| Sep 30, 2023 | 15.59% |
| Jun 30, 2023 | 17.57% |
| Mar 31, 2023 | 20.00% |
| Dec 31, 2022 | 21.95% |
| Sep 30, 2022 | 18.10% |
| Jun 30, 2022 | 14.57% |
| Mar 31, 2022 | 12.41% |
| Dec 31, 2021 | 10.32% |
| Sep 30, 2021 | 10.55% |