LPL Financial Holdings (LPLA) Tax Rate (2010 - 2026)

LPL Financial Holdings (LPLA) posted quarterly Tax Rate of 26.43% for Q2 2026, up 52.0% year-over-year from 17.39% in Q2 2025, and little changed on a QoQ basis from 26.45% in Q1 2026.

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.

  • Tax Rate for Q2 2026 came in at 26.43%, up 52.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 26.16% (up 196.0% YoY), and the FY2025 annual result was 24.92%, up 92.0% from the prior year.
  • Tax Rate held at 26.43% in Q2 2026, from 26.45% in the prior quarter.
  • Over five years, Tax Rate peaked at 29.4% in Q3 2023 and troughed at 13.47% in Q3 2025.
  • A 5-year average of 24.3% and a median of 24.37% in 2025 frame the typical range for Tax Rate.
  • The widest annual swing landed in 2023, when Tax Rate surged 514 bps; it then plunged 1303 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 23.89% in 2022, then gained by 9 bps to 25.95% in 2023, then dropped by 20 bps to 20.67% in 2024, then climbed by 18 bps to 24.36% in 2025, then increased by 8 bps to 26.43% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 26.43% in Q2 2026, 26.45% in Q1 2026, and 24.36% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 23.07%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 22.60%
3 Schwab Charles 220.55 Bn 135.80 Bn - 22.24%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -16.38%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 19.18%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 2.46%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.43%
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 23.50%

Historic Data

Download Data
DateValue
Jun 30, 2026 26.43%
Jun 30, 2026 26.43%
Jun 30, 2026 26.43%
Mar 31, 2026 26.45%
Mar 31, 2026 26.45%
Mar 31, 2026 26.45%
Dec 31, 2025 24.36%
Dec 31, 2025 24.36%
Dec 31, 2025 24.36%
Sep 30, 2025 13.47%
Sep 30, 2025 13.47%
Sep 30, 2025 13.47%
Jun 30, 2025 25.91%
Jun 30, 2025 25.91%
Jun 30, 2025 25.91%
Mar 31, 2025 23.65%
Mar 31, 2025 23.65%
Mar 31, 2025 23.65%
Dec 31, 2024 20.67%
Dec 31, 2024 20.67%