LPL Financial Holdings (LPLA) Net Margin (2010 - 2026)
LPL Financial Holdings (LPLA) posted quarterly Net Margin of 7.22% for Q1 2026, down 146.0% year-over-year from 15.69% in Q1 2025, and up 18.37% on a QoQ basis from 6.1% in Q4 2025.
LPL Financial Holdings (LPLA) Net Margin (2010 - 2026) Analysis & Trends
LPL Financial Holdings (LPLA) has reported Net Margin for 17 consecutive years, with 7.22% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 146.0% year-over-year to 7.22%; the TTM figure through Mar 2026 stood at 4.93% (down 330.0% YoY), while the FY2025 annual figure was 5.08%, down 347.0% from the prior year.
- Net Margin came in at 7.22% for Q1 2026 at LPL Financial Holdings, up from 6.1% in the prior quarter.
- The five-year high for Net Margin was 14.02% in Q1 2023, with the low at 0.65% in Q3 2025.
- Average Net Margin over 5 years is 8.49%, with a median of 8.23% recorded in 2023.
- Across the five-year window, Net Margin jumped 851 bps in 2022 and tumbled 886 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 13.68% in 2022, then tumbled by 40 bps to 8.23% in 2023, then slipped by 6 bps to 7.71% in 2024, then fell by 21 bps to 6.1% in 2025, then climbed by 18 bps to 7.22% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.22%, 6.1%, and 0.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 26.29% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 31.36% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 36.98% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 32.80% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 7.22% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 37.74% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 132.82% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -171.16% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 1.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.22% |
| Dec 31, 2025 | 6.10% |
| Sep 30, 2025 | -0.65% |
| Jun 30, 2025 | 7.13% |
| Mar 31, 2025 | 8.68% |
| Dec 31, 2024 | 7.71% |
| Sep 30, 2024 | 8.21% |
| Jun 30, 2024 | 8.32% |
| Mar 31, 2024 | 10.19% |
| Dec 31, 2023 | 8.23% |
| Sep 30, 2023 | 8.89% |
| Jun 30, 2023 | 11.57% |
| Mar 31, 2023 | 14.02% |
| Dec 31, 2022 | 13.68% |
| Sep 30, 2022 | 10.74% |
| Jun 30, 2022 | 7.87% |
| Mar 31, 2022 | 6.47% |
| Dec 31, 2021 | 5.16% |
| Sep 30, 2021 | 5.10% |
| Jun 30, 2021 | 6.27% |