LPLA
LPL Financial Holdings margins
- Stocks
- Financial Services
- NASDAQ: LPLA
- Margins
The LPL Financial Holdings reports a gross margin of 31.5%, an operating margin of 11.3%, an EBITDA margin of 14.8%, and a net margin of 6.8%. Among the available margins, operating margin improved the most and gross margin declined the most, by 1.8 and 2.5 percentage points respectively.
LPLA margin history
Over the last 3 years, LPL Financial Holdings's margins averaged 35.36% gross, 12.23% operating, 15.83% EBITDA, and 7.48% net. Each of the four current margins is below its three-year average.
LPLA margin expansion
The strongest improvement was in operating margin, which increased by 1.8 percentage points, and EBITDA margin also expanded by 1.6 percentage points and net margin also expanded by 1.4 percentage points, whereas gross margin contracted by 2.5 percentage points.
LPLA Gross margin
Looking at the last 3 years, LPL Financial Holdings had an average gross margin of 35.36%. Against its three-year average, LPL Financial Holdings's gross margin is currently 31.5%, 3.9 percentage points below its three-year average. Looking back over the last 3 years, LPL Financial Holdings's gross margin reached 40.1% at its highest point in Dec 2023 and 31.5% at its lowest in Sep 2026.
LPLA Operating margin
Across the last 3 years, LPL Financial Holdings had an average operating margin of 12.23%. Against its three-year average, LPL Financial Holdings's operating margin is currently 11.3%, 0.9 percentage points below its three-year average. Looking back over the last 3 years, LPL Financial Holdings's operating margin reached 16.2% at its highest point in Dec 2023 and 9% at its lowest in Mar 2026.
LPLA EBITDA margin
LPL Financial Holdings's EBITDA margin averaged 15.83% over the last 3 years. Compared with its three-year average, LPL Financial Holdings's current EBITDA margin is 14.8% and is 1 percentage points below its three-year average. Over the last 3 years, LPL Financial Holdings's EBITDA margin peaked at 19.8% in Dec 2023 and reached a low of 12.6% in Mar 2026.
LPLA Net margin
LPL Financial Holdings recorded an average net margin of 7.48% across the last 3 years. Currently, the current net margin for LPL Financial Holdings is 6.8%, 0.7 percentage points below its three-year average. Over the last 3 years, LPL Financial Holdings's net margin peaked at 10.6% in Dec 2023 and reached a low of 4.9% in Mar 2026.
LPLA margin group comparison
With a gross margin of 31.5%, LPLA is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 83.4%, LPL Financial Holdings's gross margin is 62% lower.
LPLA margin peer comparison
Frequently asked questions
What is LPL Financial Holdings's gross margin?
The current gross margin for LPLA is 31.5% as of Sep 30, 2026.
What is LPL Financial Holdings's operating margin?
As of Sep 30, 2026, LPLA has an operating margin of 11.3%.
What is LPL Financial Holdings's EBITDA margin?
As of Sep 30, 2026, LPLA has an EBITDA margin of 14.8%.
What is LPL Financial Holdings's net margin?
For the period ending Sep 30, 2026, LPLA recorded a net margin of 6.8%.
What are the average margins of LPLA?
Over the past 3 years, LPLA reported average margins of 35.4% gross, 12.2% operating, 15.8% EBITDA, and 7.5% net.
What are the highest historical margins of LPLA?
Within the 5-year period, LPLA recorded its highest margins at 41% gross in Sep 2023, 18.3% operating in Jun 2023, 21.6% EBITDA in Jun 2023, and 12.5% net in Jun 2023.
What are the lowest historical margins of LPLA?
In the last 5 years, the lowest margins reported by LPLA were 31.5% gross in Mar 2022, 8.9% operating in Mar 2022, 11.9% EBITDA in Mar 2022, and 4.9% net in Mar 2026.