LPL Financial Holdings (LPLA) EV to EBITDA (2011 - 2026)
LPL Financial Holdings' EV to EBITDA came in at 8.38 for Q2 2026, down 23.4% from 10.95 a year earlier and down 15.7% from the prior quarter.
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Analysis
LPL Financial Holdings (LPLA) EV to EBITDA (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, LPL Financial Holdings reported EV to EBITDA of 7.02, down 25.3% year-over-year; for FY2025, it came in at 12.50, up 13.5% from FY2024.
- Going back by year, EV to EBITDA was 11.02 in FY2024 (+33.3%), 8.26 in FY2023 (-21.7%), 10.55 in FY2022 (-19.3%) and 13.06 in FY2021 (+60.0%).
- The Q2 2026 figure represents the lowest quarterly EV to EBITDA since Q3 2024.
- Year-over-year, EV to EBITDA increased in five of the last eight quarters, with growth averaging 11.1%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2021 (growth of 99.5%), and the weakest in Q2 2023 (a decline of 42.7%).
- Business Quant data shows LPLA's EV to EBITDA at 9.95 (Q1 2026), 12.52 (Q4 2025) and 12.22 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - |
| 10 | LPL Financial Holdings | 22.77 Bn | 18.38 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.48 |
| Jun 30, 2026 | 8.37 |
| Mar 31, 2026 | 9.93 |
| Dec 31, 2025 | 12.50 |
| Sep 30, 2025 | 12.21 |
| Jun 30, 2025 | 10.94 |
| Mar 31, 2025 | 11.15 |
| Dec 31, 2024 | 11.02 |
| Sep 30, 2024 | 7.94 |
| Jun 30, 2024 | 10.08 |
| Mar 31, 2024 | 9.50 |
| Dec 31, 2023 | 8.26 |
| Sep 30, 2023 | 8.25 |
| Jun 30, 2023 | 7.77 |
| Mar 31, 2023 | 8.34 |
| Dec 31, 2022 | 10.55 |
| Sep 30, 2022 | 13.22 |
| Jun 30, 2022 | 13.56 |
| Mar 31, 2022 | 14.07 |
| Dec 31, 2021 | 13.06 |
API Access
LPL Financial Holdings EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=LPLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "LPLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=LPLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();