LPL Financial Holdings (LPLA) Tax Rate (2010 - 2026)
LPL Financial Holdings' quarterly Tax Rate came in at 26.45% in Q1 2026, up 280.0% year-on-year from 6.96% in Q1 2025, and up 8.59% quarter-over-quarter from 24.36% in Q4 2025.
LPL Financial Holdings has reported Tax Rate for 17 years, with the latest figure at 26.45% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 280.0% year-over-year to 26.45%; the trailing twelve-month figure through Mar 2026 stood at 25.97% (up 177.0% YoY), and the FY2025 full-year result was 24.92%, up 92.0% from the prior year.
- Tax Rate for Q1 2026 stood at 26.45%, up from 24.36% 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 24.18%, with a median of 24.36% recorded in 2025.
- Year-over-year, Tax Rate jumped 514 bps in 2023 and sank 1303 bps in 2025.
- Tracing LPLA's Tax Rate over 5 years: 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 grew by 9 bps to 26.45% in 2026.
- The last three Tax Rate figures came in at 26.45% (Q1 2026), 24.36% (Q4 2025), and 13.47% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 13.20 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 22.24 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 15.82 |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 9.08 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 2.47 |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 26.45 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.46 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 23.03 |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 16.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.45 |
| Mar 31, 2026 | 26.45 |
| Dec 31, 2025 | 24.36 |
| Dec 31, 2025 | 24.36 |
| Sep 30, 2025 | 13.47 |
| Sep 30, 2025 | 13.47 |
| Jun 30, 2025 | 25.91 |
| Jun 30, 2025 | 25.91 |
| Mar 31, 2025 | 23.65 |
| Mar 31, 2025 | 23.65 |
| Dec 31, 2024 | 20.67 |
| Dec 31, 2024 | 20.67 |
| Sep 30, 2024 | 26.50 |
| Sep 30, 2024 | 26.50 |
| Jun 30, 2024 | 26.14 |
| Jun 30, 2024 | 26.14 |
| Mar 31, 2024 | 22.83 |
| Mar 31, 2024 | 22.83 |
| Dec 31, 2023 | 25.95 |
| Dec 31, 2023 | 25.95 |
| Sep 30, 2023 | 29.40 |
| Sep 30, 2023 | 29.40 |
| Jun 30, 2023 | 26.57 |
| Jun 30, 2023 | 26.57 |
| Mar 31, 2023 | 23.76 |
| Mar 31, 2023 | 23.76 |
| Dec 31, 2022 | 23.89 |
| Dec 31, 2022 | 23.89 |
| Sep 30, 2022 | 24.26 |
| Sep 30, 2022 | 24.26 |
| Jun 30, 2022 | 24.39 |
| Jun 30, 2022 | 24.39 |
| Mar 31, 2022 | 22.86 |
| Mar 31, 2022 | 22.86 |
| Dec 31, 2021 | 20.85 |
| Dec 31, 2021 | 20.85 |
| Sep 30, 2021 | 25.30 |
| Sep 30, 2021 | 25.30 |
| Jun 30, 2021 | 26.32 |
| Jun 30, 2021 | 26.32 |
| Mar 31, 2021 | 21.51 |
| Mar 31, 2021 | 21.51 |
| Dec 31, 2020 | 23.51 |
| Dec 31, 2020 | 23.51 |
| Sep 30, 2020 | 23.31 |
| Sep 30, 2020 | 23.31 |
| Jun 30, 2020 | 25.94 |
| Jun 30, 2020 | 25.94 |
| Mar 31, 2020 | 25.04 |
| Mar 31, 2020 | 25.04 |
| Dec 31, 2019 | 23.23 |
| Dec 31, 2019 | 23.23 |
| Sep 30, 2019 | 26.00 |
| Sep 30, 2019 | 26.00 |
| Jun 30, 2019 | 25.11 |
| Jun 30, 2019 | 25.11 |
| Mar 31, 2019 | 23.74 |
| Mar 31, 2019 | 23.74 |
| Dec 31, 2018 | 25.94 |
| Dec 31, 2018 | 25.94 |
| Sep 30, 2018 | 27.48 |
| Sep 30, 2018 | 27.48 |
| Jun 30, 2018 | 27.10 |
| Jun 30, 2018 | 27.10 |
| Mar 31, 2018 | 22.01 |
| Mar 31, 2018 | 22.01 |
| Dec 31, 2017 | 19.77 |
| Dec 31, 2017 | 19.77 |
| Sep 30, 2017 | 39.84 |
| Sep 30, 2017 | 39.84 |
| Jun 30, 2017 | 39.31 |
| Jun 30, 2017 | 39.31 |
| Mar 31, 2017 | 35.98 |
| Mar 31, 2017 | 35.98 |
| Dec 31, 2016 | 35.73 |
| Dec 31, 2016 | 35.73 |
| Sep 30, 2016 | 23.85 |
| Sep 30, 2016 | 23.85 |
| Jun 30, 2016 | 40.00 |
| Jun 30, 2016 | 40.00 |
| Mar 31, 2016 | 40.43 |
| Mar 31, 2016 | 40.43 |
| Dec 31, 2015 | 40.55 |
| Dec 31, 2015 | 40.55 |
| Sep 30, 2015 | 40.23 |
| Sep 30, 2015 | 40.23 |
| Jun 30, 2015 | 40.25 |
| Jun 30, 2015 | 40.25 |
| Mar 31, 2015 | 40.15 |
| Mar 31, 2015 | 40.15 |
| Dec 31, 2014 | 39.72 |
| Dec 31, 2014 | 39.72 |
| Sep 30, 2014 | 40.00 |
| Sep 30, 2014 | 40.00 |
| Jun 30, 2014 | 39.45 |
| Jun 30, 2014 | 39.45 |
| Mar 31, 2014 | 39.31 |
| Mar 31, 2014 | 39.31 |
| Dec 31, 2013 | 31.19 |
| Dec 31, 2013 | 31.19 |
| Sep 30, 2013 | 38.61 |
| Sep 30, 2013 | 38.61 |
| Jun 30, 2013 | 39.80 |
| Jun 30, 2013 | 39.80 |
| Mar 31, 2013 | 39.57 |
| Mar 31, 2013 | 39.57 |
| Dec 31, 2012 | 40.60 |
| Dec 31, 2012 | 40.60 |
| Sep 30, 2012 | 36.76 |
| Sep 30, 2012 | 36.76 |
| Jun 30, 2012 | 41.31 |
| Jun 30, 2012 | 41.31 |
| Mar 31, 2012 | 38.41 |
| Mar 31, 2012 | 38.41 |
| Dec 31, 2011 | 37.96 |
| Dec 31, 2011 | 37.96 |
| Sep 30, 2011 | 41.30 |
| Sep 30, 2011 | 41.30 |
| Jun 30, 2011 | 39.71 |
| Jun 30, 2011 | 39.71 |
| Mar 31, 2011 | 39.92 |
| Mar 31, 2011 | 39.92 |
| Dec 31, 2010 | 38.07 |
| Dec 31, 2010 | 38.07 |
| Sep 30, 2010 | 43.18 |
| Sep 30, 2010 | 43.18 |
| Jun 30, 2010 | 7.28 |
| Jun 30, 2010 | 7.28 |