LPL Financial Holdings (LPLA) Interest Coverage Ratio (2021 - 2026)
LPL Financial Holdings' (LPLA) Interest Coverage Ratio stood at 6.08 in Q2 2026, up 35.3% from 4.49 a year earlier and up 4.2% from the prior quarter.
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Analysis
LPL Financial Holdings (LPLA) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
On a TTM basis, LPL Financial Holdings' Interest Coverage Ratio came in at 4.30 as of Jun 30, 2026, down 19.3% year-over-year; for FY2025, it came in at 3.85, down 36.7% from FY2024.
- Annual Interest Coverage Ratio has declined for three straight years.
- Across earlier years, Interest Coverage Ratio came in at 6.08 in FY2024 (-30.4%), 8.73 in FY2023 (-10.9%), 9.81 in FY2022 (+45.1%) and 6.76 in FY2021 (-2.3%).
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio since Q3 2024.
- On a year-over-year basis, Interest Coverage Ratio rose in 1 of the last eight quarters, with an average decline of 18.2%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 103.9% in Q4 2022, against a decline of 88.9% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.83 (Q1 2026), 4.76 (Q4 2025) and 0.68 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 25.39 |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 6.79 |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 5.46 |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 8.28 |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 2.23 |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 36.06 |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 6.08 |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 485.67 |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | - |
| 10 | Xp | 16.54 Bn | -5.29 Bn | 105.39 Mn | 19.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.08 |
| Mar 31, 2026 | 5.83 |
| Dec 31, 2025 | 4.76 |
| Sep 30, 2025 | 0.68 |
| Jun 30, 2025 | 4.49 |
| Mar 31, 2025 | 5.86 |
| Dec 31, 2024 | 5.16 |
| Sep 30, 2024 | 6.12 |
| Jun 30, 2024 | 6.13 |
| Mar 31, 2024 | 7.23 |
| Dec 31, 2023 | 6.40 |
| Sep 30, 2023 | 7.57 |
| Jun 30, 2023 | 9.67 |
| Mar 31, 2023 | 12.34 |
| Dec 31, 2022 | 12.31 |
| Sep 30, 2022 | 10.24 |
| Jun 30, 2022 | 8.38 |
| Mar 31, 2022 | 7.37 |
| Dec 31, 2021 | 6.04 |
| Sep 30, 2021 | 6.10 |
API Access
LPL Financial Holdings Interest Coverage Ratio 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=interest-coverage-ratio&ticker=LPLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=LPLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();