LPL Financial Holdings (LPLA) Return on Invested Capital [ROIC] (2009 - 2026)
LPL Financial Holdings' Return on Invested Capital [ROIC] was 10.06% in Q2 2026, down 3.01 percentage points from 13.07% a year earlier but up 0.56 percentage points from the prior quarter.
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Analysis
LPL Financial Holdings (LPLA) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at LPL Financial Holdings came in at 11.09%, down 6.71 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -3.68 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 17.80% in FY2024 (-4.71 pp), 22.51% in FY2023 (+2.41 pp), 20.10% in FY2022 (+7.13 pp) and 12.97% in FY2021 (-1.80 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 9.05% (Q3 2025) and 25.42% (Q2 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for ten straight quarters, with an average year-over-year change of -5.76 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2023 (a gain of 12.35 percentage points); the worst was Q3 2024 (a drop of 8.24 percentage points).
- Per Business Quant data, LPLA's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 9.50% (Q1 2026), 9.27% (Q4 2025) and 9.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn | 11.69% |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - | 25.25% |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn | 8.54% |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - | 20.43% |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn | 10.50% |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - | 17.41% |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn | 19.52% |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - | 38.59% |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - | 25.43% |
| 10 | LPL Financial Holdings | 22.77 Bn | 18.38 Bn | - | 12.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.66% |
| Jun 30, 2026 | 10.06% |
| Mar 31, 2026 | 9.50% |
| Dec 31, 2025 | 9.27% |
| Sep 30, 2025 | 9.05% |
| Jun 30, 2025 | 13.07% |
| Mar 31, 2025 | 15.27% |
| Dec 31, 2024 | 16.20% |
| Sep 30, 2024 | 16.79% |
| Jun 30, 2024 | 17.47% |
| Mar 31, 2024 | 19.60% |
| Dec 31, 2023 | 21.84% |
| Sep 30, 2023 | 25.03% |
| Jun 30, 2023 | 25.42% |
| Mar 31, 2023 | 23.28% |
| Dec 31, 2022 | 19.61% |
| Sep 30, 2022 | 15.59% |
| Jun 30, 2022 | 13.07% |
| Mar 31, 2022 | 12.19% |
| Dec 31, 2021 | 11.97% |
API Access
LPL Financial Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=LPLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=LPLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();