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LPL Financial HoldingsLPLA +1.59%90 EV-to-EBIT is 19.93 as of Jul. 24, 2026, which is 39% above its 10-year median of 14.29. GuruFocus rates LPLA with a GF Score™ of 90/100 and a GF Value™ of $467.80 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 501 Capital Markets companies, LPL Financial Holdings ranks worse than 71.46% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
LPL Financial Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $30,427 Mil.
LPL Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,635 Mil.
* 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.
* 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.
For the Capital Markets subindustry, LPL Financial Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
LPL Financial Holdings EV-to-EBIT vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where LPL Financial Holdings's EV-to-EBIT falls into.
LPL Financial Holdings's current Enterprise Value is $32,582 Mil.
LPL Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,635 Mil.
* 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 (LPLA) has a EV-to-EBIT of 19.93 as of Jul. 24, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on LPL Financial Holdings and its competitors. This is 39% above median its historical median of 14.29. Over the past decade, LPL Financial Holdings' EV-to-EBIT has ranged from 6.56 to 27.35. According to the industry distribution chart, LPL Financial Holdings ranks #358 out of 501 companies in the Capital Markets industry, placing it in the top 71.5%.
Is LPL Financial Holdings' EV-to-EBIT too high?
LPL Financial Holdings' current EV-to-EBIT of 19.93 is 39% above median its 10-year median of 14.29. Over the past 10 years, this metric has ranged from a low of 6.56 to a high of 27.35. The Capital Markets industry median EV-to-EBIT is 10.25. LPL Financial Holdings' value of 19.93 is 94.4% above this industry median. Based on the distribution chart, LPL Financial Holdings ranks #358 out of 501 companies in the Capital Markets industry, which is below the industry midpoint. Overall, LPL Financial Holdings has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LPL Financial Holdings' EV-to-EBIT compare to TW and CRCL?
According to the Capital Markets industry distribution chart, LPL Financial Holdings ranks #358 out of 501 companies for EV-to-EBIT. This places LPL Financial Holdings in the lower half of its industry. The industry median EV-to-EBIT is 10.25. LPL Financial Holdings' value of 19.93 is 94.4% above this benchmark. Historically, LPL Financial Holdings' own EV-to-EBIT has ranged from 6.56 to 27.35 over the past decade. While the company's 10-year median is 14.29 vs. the industry median of 10.25, LPL Financial Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 10.25, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LPL Financial Holdings's current EV-to-EBIT of 19.93 is 94.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on LPL Financial Holdings and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 10.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LPL Financial Holdings's current EV-to-EBIT is 19.93, which is 39% above median its own 10-year median of 14.29. 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 Significantly Undervalued. The stock's GF Value™ is $467.80, compared to a current price of $328.70 — trading 29.7% below its estimated fair value. The current EV-to-EBIT is 19.93, which is 39% above median its 10-year median of 14.29 and 94.4% above the Capital Markets industry median of 10.25. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For LPL Financial Holdings (LPLA), the current EV-to-EBIT is 19.93 as of Jul. 24, 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 $328.70 is trading 29.7% below its estimated GF Value™ of $467.80.
GuruFocus considers LPL Financial Holdings to be Significantly Undervalued.
Key valuation signals for LPLA:
EV-to-EBIT: 19.93 (39% above median its 10-year median of 14.29)
GF Value™: $467.80 vs. price of $328.70 (29.7% below fair value)
Industry Position: 94.4% above the Capital Markets median (#358 of 501)
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 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.
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