LPL Financial Holdings Debt-to-Equity Ratio Growth & History (LPLA)
LPL Financial Holdings's debt-to-equity ratio was 1.40 for fiscal 2025.
View full LPL Financial Holdings company overviewLPL Financial Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.40 | −0.56 | −28.80% |
| 2024 | 2024-12-31 | 1.96 | 0.05 | +2.88% |
| 2023 | 2023-12-31 | 1.91 | 0.55 | +40.14% |
| 2022 | 2022-12-31 | 1.36 | −0.47 | −25.51% |
| 2021 | 2021-12-31 | 1.83 | −0.15 | −7.38% |
| 2020 | 2020-12-31 | 1.97 | −0.62 | −23.81% |
| 2019 | 2019-12-31 | 2.59 | 0.15 | +6.27% |
| 2018 | 2018-12-31 | 2.43 | −0.04 | −1.48% |
| 2017 | 2017-12-31 | 2.47 | −0.18 | −6.73% |
| 2016 | 2016-12-31 | 2.65 | −0.41 | −13.35% |
| 2015 | 2015-12-31 | 3.06 | 1.38 | +81.80% |
| 2014 | 2014-12-31 | 1.68 | 0.29 | +20.53% |
| 2013 | 2013-12-31 | 1.40 | 0.24 | +20.73% |
| 2012 | 2012-12-31 | 1.16 | 0.16 | +16.64% |
| 2011 | 2011-12-31 | 0.99 | −0.19 | −16.11% |
| 2010 | 2010-12-31 | 1.18 | — | — |
LPL Financial Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.33 | −0.11 | −7.69% |
| Q1 2026 | 2026-03-31 | 1.30 | −0.60 | −31.64% |
| Q4 2025 | 2025-12-31 | 1.40 | −0.56 | −28.80% |
| Q3 2025 | 2025-09-30 | 1.53 | −0.16 | −9.49% |
| Q2 2025 | 2025-06-30 | 1.45 | −0.41 | −22.11% |
| Q1 2025 | 2025-03-31 | 1.91 | 0.11 | +6.08% |
| Q4 2024 | 2024-12-31 | 1.96 | 0.05 | +2.88% |
| Q3 2024 | 2024-09-30 | 1.69 | 0.08 | +5.21% |
| Q2 2024 | 2024-06-30 | 1.86 | 0.33 | +21.88% |
| Q1 2024 | 2024-03-31 | 1.80 | 0.39 | +28.12% |
| Q4 2023 | 2023-12-31 | 1.91 | 0.55 | +40.14% |
| Q3 2023 | 2023-09-30 | 1.61 | 0.13 | +8.63% |
| Q2 2023 | 2023-06-30 | 1.52 | −0.08 | −5.05% |
| Q1 2023 | 2023-03-31 | 1.40 | −0.30 | −17.61% |
| Q4 2022 | 2022-12-31 | 1.36 | −0.47 | −25.51% |
| Q3 2022 | 2022-09-30 | 1.48 | −0.36 | −19.43% |
| Q2 2022 | 2022-06-30 | 1.60 | −0.30 | −15.92% |
| Q1 2022 | 2022-03-31 | 1.70 | −0.09 | −5.15% |
| Q4 2021 | 2021-12-31 | 1.83 | −0.15 | −7.38% |
| Q3 2021 | 2021-09-30 | 1.83 | −0.31 | −14.59% |
| Q2 2021 | 2021-06-30 | 1.91 | −0.44 | −18.64% |
| Q1 2021 | 2021-03-31 | 1.80 | −0.89 | −33.19% |
| Q4 2020 | 2020-12-31 | 1.97 | −0.62 | −23.81% |
| Q3 2020 | 2020-09-30 | 2.15 | −0.41 | −16.14% |
| Q2 2020 | 2020-06-30 | 2.35 | −0.21 | −8.10% |
| Q1 2020 | 2020-03-31 | 2.69 | 0.09 | +3.47% |
| Q4 2019 | 2019-12-31 | 2.59 | 0.15 | +6.27% |
| Q3 2019 | 2019-09-30 | 2.56 | 0.14 | +5.59% |
| Q2 2019 | 2019-06-30 | 2.55 | 0.19 | +8.02% |
| Q1 2019 | 2019-03-31 | 2.60 | 0.24 | +9.99% |
| Q4 2018 | 2018-12-31 | 2.43 | −0.04 | −1.48% |
| Q3 2018 | 2018-09-30 | 2.42 | −0.11 | −4.50% |
| Q2 2018 | 2018-06-30 | 2.36 | −0.08 | −3.16% |
| Q1 2018 | 2018-03-31 | 2.36 | −0.15 | −5.83% |
| Q4 2017 | 2017-12-31 | 2.47 | −0.18 | −6.73% |
| Q3 2017 | 2017-09-30 | 2.54 | −0.21 | −7.79% |
| Q2 2017 | 2017-06-30 | 2.44 | −0.45 | −15.69% |
| Q1 2017 | 2017-03-31 | 2.51 | −0.51 | −17.01% |
| Q4 2016 | 2016-12-31 | 2.65 | −0.41 | −13.35% |
| Q3 2016 | 2016-09-30 | 2.75 | 0.99 | +56.26% |
| Q2 2016 | 2016-06-30 | 2.89 | 1.10 | +61.12% |
| Q1 2016 | 2016-03-31 | 3.02 | 1.35 | +80.33% |
| Q4 2015 | 2015-12-31 | 3.06 | 1.38 | +81.80% |
| Q3 2015 | 2015-09-30 | 1.76 | 0.33 | +22.73% |
| Q2 2015 | 2015-06-30 | 1.80 | 0.36 | +25.47% |
| Q1 2015 | 2015-03-31 | 1.68 | 0.24 | +16.86% |
| Q4 2014 | 2014-12-31 | 1.68 | 0.29 | +20.53% |
| Q3 2014 | 2014-09-30 | 1.44 | 0.03 | +1.94% |
| Q2 2014 | 2014-06-30 | 1.43 | 0.13 | +10.25% |
| Q1 2014 | 2014-03-31 | 1.43 | 0.34 | +30.55% |
| Q4 2013 | 2013-12-31 | 1.40 | 0.24 | +20.73% |
| Q3 2013 | 2013-09-30 | 1.41 | 0.30 | +26.53% |
| Q2 2013 | 2013-06-30 | 1.30 | 0.20 | +18.22% |
| Q1 2013 | 2013-03-31 | 1.10 | −0.05 | −4.27% |
| Q4 2012 | 2012-12-31 | 1.16 | 0.16 | +16.64% |
| Q3 2012 | 2012-09-30 | 1.11 | 0.08 | +8.11% |
| Q2 2012 | 2012-06-30 | 1.10 | 0.04 | +3.58% |
| Q1 2012 | 2012-03-31 | 1.15 | — | — |
| Q4 2011 | 2011-12-31 | 0.99 | −0.19 | −16.11% |
| Q3 2011 | 2011-09-30 | 1.03 | — | — |
| Q2 2011 | 2011-06-30 | 1.06 | — | — |
| Q4 2010 | 2010-12-31 | 1.18 | — | — |
LPL Financial Holdings debt-to-equity ratio trends
Over the last five fiscal years, LPL Financial Holdings's debt-to-equity ratio decreased from 1.97 to 1.40, a change of −0.58. The latest reported quarter, Q2 2026, shows 1.33.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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