LPL Financial Holdings Balance Sheet Health
Financial Health criteria checks 3/6
LPL Financial Holdings has a total shareholder equity of $2.8B and total debt of $4.4B, which brings its debt-to-equity ratio to 160.3%. Its total assets and total liabilities are $11.9B and $9.2B respectively. LPL Financial Holdings's EBIT is $1.7B making its interest coverage ratio 6.9. It has cash and short-term investments of $1.5B.
Key information
160.3%
Debt to equity ratio
US$4.44b
Debt
| Interest coverage ratio | 6.9x |
| Cash | US$1.54b |
| Equity | US$2.77b |
| Total liabilities | US$9.17b |
| Total assets | US$11.94b |
Recent financial health updates
No updates
Recent updates
After Leaping 29% LPL Financial Holdings Inc. (NASDAQ:LPLA) Shares Are Not Flying Under The Radar
Nov 07
Earnings Update: Here's Why Analysts Just Lifted Their LPL Financial Holdings Inc. (NASDAQ:LPLA) Price Target To US$309
Nov 06LPL Financial: Near-Term Overhang Is A Buying Opportunity
Oct 16It's Down 29% But LPL Financial Holdings Inc. (NASDAQ:LPLA) Could Be Riskier Than It Looks
Aug 03LPL Financial: Strong EPS Upside In 2025 And '26, Fresh Breakout To New Highs
Jun 21Is Now The Time To Put LPL Financial Holdings (NASDAQ:LPLA) On Your Watchlist?
Apr 23LPL Financial Holdings Inc. (NASDAQ:LPLA) Screens Well But There Might Be A Catch
Mar 27Financial Position Analysis
Short Term Liabilities: LPLA's short term assets ($6.6B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: LPLA's short term assets ($6.6B) do not cover its long term liabilities ($8.2B).
Debt to Equity History and Analysis
Debt Level: LPLA's net debt to equity ratio (104.6%) is considered high.
Reducing Debt: LPLA's debt to equity ratio has reduced from 231.4% to 160.3% over the past 5 years.
Debt Coverage: LPLA's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: LPLA's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:40 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LPL Financial Holdings Inc. is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Budish | Barclays |
| Craig Siegenthaler | BofA Global Research |
| Caydee Blankenship | CFRA Equity Research |