LPLA (LPL Financial Holdings) Beginning Cash Position: $3,055 Mil (As of Mar. 2026)

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LPLA LPL Financial Holdings Inc LPLA
90 GF Score
Price $329.12
GF Value $465.94
Valuation Modestly Undervalued
! 4 Warning Signs
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What is LPL Financial Holdings Beginning Cash Position?

LPL Financial Holdings LPLA +2.42% 90 Beginning Cash Position is $3,055 Mil as of Mar. 2026. GuruFocus rates LPLA with a GF Score™ of 90/100 and a GF Value™ of $465.94 (Modestly Undervalued). The stock has 4 warning signs investors should review.

LPL Financial Holdings's Beginning Cash Position for the quarter that ended in Mar. 2026 was $3,055 Mil.

LPL Financial Holdings's quarterly Beginning Cash Position declined from Sep. 2025 ($5,913 Mil) to Dec. 2025 ($2,821 Mil) but then increased from Dec. 2025 ($2,821 Mil) to Mar. 2026 ($3,055 Mil).

LPL Financial Holdings's annual Beginning Cash Position declined from Dec. 2023 ($3,137 Mil) to Dec. 2024 ($2,581 Mil) but then increased from Dec. 2024 ($2,581 Mil) to Dec. 2025 ($2,684 Mil).

LPL Financial Holdings Beginning Cash Position Related Terms

LPL Financial Holdings Beginning Cash Position Historical Data

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The historical data trend for LPL Financial Holdings's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LPL Financial Holdings Beginning Cash Position Chart

LPL Financial Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,799.03 2,072.36 3,137.27 2,581.16 2,684.05

LPL Financial Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,684.05 2,854.68 5,913.21 2,820.74 3,054.74
LPLA
90GF Score
LPL Financial Holdings Inc LPLA
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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LPL Financial Holdings Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $3,055 Mil mean?
LPL Financial Holdings (LPLA) has a Beginning Cash Position of $3,055 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on LPL Financial Holdings and its competitors.
Is LPL Financial Holdings' Beginning Cash Position too high?
LPL Financial Holdings' current Beginning Cash Position is $3,055 Mil. Overall, LPL Financial Holdings has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LPL Financial Holdings' Beginning Cash Position compare to TW and CRCL?
LPL Financial Holdings' Beginning Cash Position of $3,055 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Capital Markets company?
A good Beginning Cash Position depends on the Capital Markets industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on LPL Financial Holdings and its competitors. LPL Financial Holdings's current Beginning Cash Position is $3,055 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LPL Financial Holdings stock overvalued right now?
Based on GuruFocus' analysis, LPL Financial Holdings (LPLA) is currently considered Modestly Undervalued. The stock's GF Value™ is $465.94, compared to a current price of $329.12 — trading 29.4% below its estimated fair value. The current Beginning Cash Position is $3,055 Mil. LPL Financial Holdings' overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For LPL Financial Holdings (LPLA), the current Beginning Cash Position is $3,055 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LPL Financial Holdings (LPLA) Overvalued in 2026?

Based on GuruFocus' analysis, LPL Financial Holdings stock appears to be undervalued. The current stock price of $329.12 is trading 29.4% below its estimated GF Value™ of $465.94. GuruFocus considers LPL Financial Holdings to be Modestly Undervalued.

Key valuation signals for LPLA:

  • Beginning Cash Position: $3,055 Mil
  • GF Value™: $465.94 vs. price of $329.12 (29.4% below fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the LPLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

LPL Financial Holdings Business Description

Address 4707 Executive Drive, San Diego, CA, USA, 92121
LPL Financial is the largest US independent broker-dealer, with more than 32,000 financial advisors affiliated with its platform and roughly 11 million customer accounts at the end of 2025. The firm earns the bulk of its profit from interest income earned on client cash balances and from advisory fees and commissions tied to the $2.4 trillion in assets under management or advisory on its platform at year-end 2025. LPL specializes in providing turnkey wealth management services for affiliated independent advisors, but maintains a diverse array of affiliation modalities, running the gamut from more traditional employee models to a pure RIA custody approach. It earns tuck-in revenue from recordkeeping fees and the provision of software tools and services to its advisor base.
90GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$329.12
Price
$465.94
GF Value