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 | 333.21 Bn | 173.07 Bn | - | 23.07% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 22.60% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 23.68% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 19.18% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 8.10% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 26.43% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 23.50% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 7.84% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -16.38% |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | 61.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |