LPL Financial Holdings (LPLA) Net Margin (2010 - 2026)
LPL Financial Holdings' quarterly Net Margin came in at 7.22% in Q1 2026, down 146.0% year-on-year from 15.69% in Q1 2025, and up 18.37% quarter-over-quarter from 6.1% in Q4 2025.
LPL Financial Holdings has reported Net Margin for 17 years, with the latest figure at 7.22% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 146.0% year-over-year to 7.22%; the trailing twelve-month figure through Mar 2026 stood at 4.93% (down 330.0% YoY), and the FY2025 full-year result was 5.08%, down 347.0% from the prior year.
- Net Margin for Q1 2026 stood at 7.22%, 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.
- Year-over-year, Net Margin soared 851 bps in 2022 and slumped 886 bps in 2025.
- Tracing LPLA's Net Margin over 5 years: stood at 13.68% in 2022, then sank by 40 bps to 8.23% in 2023, then retreated by 6 bps to 7.71% in 2024, then dropped by 21 bps to 6.1% in 2025, then gained by 18 bps to 7.22% in 2026.
- The last three Net Margin figures came in at 7.22% (Q1 2026), 6.1% (Q4 2025), and 0.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 26.29% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 31.36% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 36.98% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 32.80% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 16.00% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 132.82% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 7.22% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -171.16% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 37.74% |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -356.44% |
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% |
| Mar 31, 2021 | 7.59% |
| Dec 31, 2020 | 7.05% |
| Sep 30, 2020 | 7.11% |
| Jun 30, 2020 | 7.44% |
| Mar 31, 2020 | 10.64% |
| Dec 31, 2019 | 8.75% |
| Sep 30, 2019 | 9.30% |
| Jun 30, 2019 | 10.51% |
| Mar 31, 2019 | 11.33% |
| Dec 31, 2018 | 9.13% |
| Sep 30, 2018 | 8.03% |
| Jun 30, 2018 | 9.14% |
| Mar 31, 2018 | 7.53% |
| Dec 31, 2017 | 5.74% |
| Sep 30, 2017 | 5.46% |
| Jun 30, 2017 | 6.42% |
| Mar 31, 2017 | 4.65% |
| Dec 31, 2016 | 4.14% |
| Sep 30, 2016 | 5.11% |
| Jun 30, 2016 | 4.69% |
| Mar 31, 2016 | 5.01% |
| Dec 31, 2015 | 2.63% |
| Sep 30, 2015 | 3.89% |
| Jun 30, 2015 | 4.61% |
| Mar 31, 2015 | 4.57% |
| Dec 31, 2014 | 4.40% |
| Sep 30, 2014 | 3.05% |
| Jun 30, 2014 | 3.94% |
| Mar 31, 2014 | 4.89% |
| Dec 31, 2013 | 4.06% |
| Sep 30, 2013 | 3.57% |
| Jun 30, 2013 | 4.43% |
| Mar 31, 2013 | 5.61% |
| Dec 31, 2012 | 3.91% |
| Sep 30, 2012 | 3.78% |
| Jun 30, 2012 | 4.35% |
| Mar 31, 2012 | 4.57% |
| Dec 31, 2011 | 4.76% |
| Sep 30, 2011 | 4.13% |
| Jun 30, 2011 | 5.09% |
| Mar 31, 2011 | 5.61% |
| Dec 31, 2010 | -14.22% |
| Sep 30, 2010 | 3.44% |
| Jun 30, 2010 | 1.01% |