Growth Metrics

LPL Financial Holdings (LPLA) FCF Margin (2010 - 2026)

LPL Financial Holdings' quarterly FCF Margin came in at 2.52% in Q1 2026, down 348.0% year-on-year from 1.02% in Q1 2025, and down 79.7% quarter-over-quarter from 12.43% in Q4 2025.

LPL Financial Holdings has reported FCF Margin for 17 years, with the latest figure at 2.52% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 348.0% year-over-year to 2.52%; the trailing twelve-month figure through Mar 2026 stood at 5.9% (down 636.0% YoY), and the FY2025 full-year result was 5.78%, down 773.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 2.52%, down from 12.43% in the prior quarter.
  • The five-year high for FCF Margin was 98.5% in Q3 2022, with the low at 46.01% in Q3 2025.
  • Average FCF Margin over 5 years is 5.74%, with a median of 5.18% recorded in 2024.
  • Year-over-year, FCF Margin soared 9184 bps in 2022 and slumped 8420 bps in 2023.
  • Tracing LPLA's FCF Margin over 5 years: stood at 7.91% in 2022, then surged by 163 bps to 4.97% in 2023, then grew by 4 bps to 5.18% in 2024, then surged by 140 bps to 12.43% in 2025, then slumped by 80 bps to 2.52% in 2026.
  • The last three FCF Margin figures came in at 2.52% (Q1 2026), 12.43% (Q4 2025), and 46.01% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -38.15%
2 Goldman Sachs 318.59 Bn -618.96 Bn - -188.27%
3 Schwab Charles 154.74 Bn 109.76 Bn - 111.11%
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 190.16%
5 Interactive Brokers 39.54 Bn 50.13 Bn - 214.80%
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 28.16%
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 2.52%
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -791.16%
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 16.77%
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn -89.89%

Historic Data

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DateValue
Mar 31, 2026 2.52%
Dec 31, 2025 12.43%
Sep 30, 2025 -46.01%
Jun 30, 2025 7.27%
Mar 31, 2025 6.00%
Dec 31, 2024 5.18%
Sep 30, 2024 2.00%
Jun 30, 2024 -13.79%
Mar 31, 2024 14.17%
Dec 31, 2023 4.97%
Sep 30, 2023 14.30%
Jun 30, 2023 9.08%
Mar 31, 2023 -9.50%
Dec 31, 2022 -7.91%
Sep 30, 2022 98.50%
Jun 30, 2022 5.60%
Mar 31, 2022 -7.20%
Dec 31, 2021 8.47%
Sep 30, 2021 6.65%
Jun 30, 2021 -4.95%
Mar 31, 2021 1.13%
Dec 31, 2020 17.88%
Sep 30, 2020 5.85%
Jun 30, 2020 -7.31%
Mar 31, 2020 25.02%
Dec 31, 2019 4.28%
Sep 30, 2019 36.98%
Jun 30, 2019 -8.84%
Mar 31, 2019 0.36%
Dec 31, 2018 34.17%
Sep 30, 2018 5.91%
Jun 30, 2018 5.11%
Mar 31, 2018 -2.75%
Dec 31, 2017 35.76%
Sep 30, 2017 -5.21%
Jun 30, 2017 10.97%
Mar 31, 2017 -2.27%
Dec 31, 2016 19.85%
Sep 30, 2016 6.54%
Jun 30, 2016 -1.18%
Mar 31, 2016 10.96%
Dec 31, 2015 6.60%
Sep 30, 2015 -1.76%
Jun 30, 2015 8.80%
Mar 31, 2015 11.11%
Dec 31, 2014 -6.81%
Sep 30, 2014 13.52%
Jun 30, 2014 -0.52%
Mar 31, 2014 7.01%
Dec 31, 2013 3.92%
Sep 30, 2013 13.07%
Jun 30, 2013 -2.95%
Mar 31, 2013 -0.66%
Dec 31, 2012 13.83%
Sep 30, 2012 3.48%
Jun 30, 2012 7.67%
Mar 31, 2012 -3.59%
Dec 31, 2011 5.52%
Sep 30, 2011 2.61%
Jun 30, 2011 16.92%
Mar 31, 2011 21.28%
Dec 31, 2010 -18.46%
Sep 30, 2010 7.05%