LPL Financial Holdings (LPLA) Tax Rate (2010 - 2026)
LPL Financial Holdings (LPLA) posted Tax Rate of 26.43% for Q2 2026, little changed on a QoQ basis from 26.45% in Q1 2026, and up 52.0% year-over-year from 17.39% in Q2 2025.
Analysis
LPL Financial Holdings (LPLA) Tax Rate (2010 - 2026) Analysis & Trends
LPL Financial Holdings has reported Tax Rate for 17 years, with the latest figure at 26.43% in Q2 2026.
- On a quarterly basis, Tax Rate rose 52.0% year-over-year to 26.43% in Q2 2026; TTM through Jun 2026 was 26.16%, a 196.0% increase from a year earlier, with the FY2025 full-year figure at 24.92%, up 92.0% from the prior year.
- Tax Rate was 26.43% for Q2 2026 at LPL Financial Holdings, roughly flat from 26.45% in the prior quarter.
- The five-year high for Tax Rate was 29.4% in Q3 2023, with the low at 13.47% in Q3 2025.
- Average Tax Rate over 5 years is 24.3%, with a median of 24.37% recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Tax Rate soared 514 bps in 2023, then plunged 1303 bps in 2025.
- Over 5 years, Tax Rate stood at 23.89% in 2022, then climbed by 9 bps to 25.95% in 2023, then fell by 20 bps to 20.67% in 2024, then increased by 18 bps to 24.36% in 2025, then gained by 8 bps to 26.43% in 2026.
- The last three Tax Rate figures came in at 26.43% (Q2 2026), 26.45% (Q1 2026), and 24.36% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 19.18% |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 8.10% |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 26.43% |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | -16.34% |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | -27.60% |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | -8.63% |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 29.82% |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | 15.78% |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | 70.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.43% |
| Mar 31, 2026 | 26.45% |
| Dec 31, 2025 | 24.36% |
| Sep 30, 2025 | 13.47% |
| Jun 30, 2025 | 25.91% |
| Mar 31, 2025 | 23.65% |
| Dec 31, 2024 | 20.67% |
| Sep 30, 2024 | 26.50% |
| Jun 30, 2024 | 26.14% |
| Mar 31, 2024 | 22.83% |
| Dec 31, 2023 | 25.95% |
| Sep 30, 2023 | 29.40% |
| Jun 30, 2023 | 26.57% |
| Mar 31, 2023 | 23.76% |
| Dec 31, 2022 | 23.89% |
| Sep 30, 2022 | 24.26% |
| Jun 30, 2022 | 24.39% |
| Mar 31, 2022 | 22.86% |
| Dec 31, 2021 | 20.85% |
| Sep 30, 2021 | 25.30% |