LPL Financial Holdings (LPLA) Return on Invested Capital [ROIC] (2011 - 2021)
LPL Financial Holdings' Return on Invested Capital [ROIC] was 29.69% in Q3 2021, down 6.47 percentage points from 36.16% a year earlier and down 0.80 percentage points from the prior quarter.
LPL Financial Holdings (LPLA) Return on Invested Capital [ROIC] (2011 - 2021) Analysis & Trends
For FY2020, Return on Invested Capital [ROIC] at LPL Financial Holdings came in at 40.39%, down 13.51 percentage points from FY2019.
- Return on Invested Capital [ROIC] shows a five-year change of +23.97 percentage points (FY2015 to FY2020).
- In earlier years, Return on Invested Capital [ROIC] was 53.90% in FY2019 (+16.50 pp), 37.40% in FY2018 (+15.39 pp), 22.01% in FY2017 (+2.06 pp) and 19.95% in FY2016 (+3.53 pp).
- The Q3 2021 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q2 2018.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for six straight quarters, with an average year-over-year change of -5.78 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2019 (a gain of 17.11 percentage points); the worst was Q1 2021 (a drop of 16.35 percentage points).
- Per Business Quant data, LPLA's Return on Invested Capital [ROIC] in the three quarters before Q3 2021 was 30.50% (Q2 2021), 30.26% (Q1 2021) and 32.85% (Q4 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 44.74% |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 11.27% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 8.46% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 9.98% |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 41.23% |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 31.71% |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 18.08% |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 29.69% |
| Jun 30, 2021 | 30.50% |
| Mar 31, 2021 | 30.26% |
| Dec 31, 2020 | 32.85% |
| Sep 30, 2020 | 36.16% |
| Jun 30, 2020 | 41.68% |
| Mar 31, 2020 | 46.61% |
| Dec 31, 2019 | 46.58% |
| Sep 30, 2019 | 46.69% |
| Jun 30, 2019 | 43.96% |
| Mar 31, 2019 | 41.87% |
| Dec 31, 2018 | 37.02% |
| Sep 30, 2018 | 32.82% |
| Jun 30, 2018 | 29.01% |
| Mar 31, 2018 | 24.75% |
| Dec 31, 2017 | 21.28% |
| Sep 30, 2017 | 20.26% |
| Jun 30, 2017 | 20.31% |
| Mar 31, 2017 | 18.53% |
| Dec 31, 2016 | 19.46% |
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_KEY
import 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();