EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, LPL Financial Holdings's Enterprise Value is $28,480 Mil.
LPL Financial Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,077 Mil. Therefore, LPL Financial Holdings's EV-to-FCF for today is -26.43.
The historical rank and industry rank for LPL Financial Holdings's EV-to-FCF or its related term are showing as below:
LPLA'
s EV-to-FCF Range Over the Past 10 Years
Min: -6444.64 Med: 20.57 Max: 292.93
Current: -26.43
During the past 13 years, the highest EV-to-FCF of LPL Financial Holdings was 292.93. The lowest was -6444.64. And the median was 20.57.
LPLA's EV-to-FCF is ranked worse than 100% of 444
companies
in the Capital Markets industry
Industry Median: 9.175
vs LPLA: -26.43
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
LPL Financial Holdings's PE Ratio (TTM) for today is calculated as:
LPL Financial Holdings's share price for today is $277.26.
LPL Financial Holdings's Earnings per Share (Diluted) 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 $11.200.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where LPL Financial Holdings's EV-to-FCF falls into.
LPL Financial Holdings's current Enterprise Value is $28,480 Mil.
LPL Financial Holdings's Free Cash Flow 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 $-1,077 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-FCF of -26.43 as of Jun. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on LPL Financial Holdings and its competitors. According to the industry distribution chart, LPL Financial Holdings ranks #999999 out of 444 companies in the Capital Markets industry.
Is LPL Financial Holdings' EV-to-FCF too high?
LPL Financial Holdings' current EV-to-FCF is -26.43. Based on the distribution chart, LPL Financial Holdings ranks #999999 out of 444 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, LPL Financial Holdings has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LPL Financial Holdings' EV-to-FCF compare to TW and IREN?
According to the Capital Markets industry distribution chart, LPL Financial Holdings ranks #999999 out of 444 companies for EV-to-FCF. This places LPL Financial Holdings in the lower half of its industry. The industry median EV-to-FCF is 9.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.18, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on LPL Financial Holdings and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LPL Financial Holdings's current EV-to-FCF is -26.43. 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 $461.79, compared to a current price of $277.26 — trading 40% below its estimated fair value. The current EV-to-FCF is -26.43. LPL Financial Holdings' overall GF Score™ is 86/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For LPL Financial Holdings (LPLA), the current EV-to-FCF is -26.43 as of Jun. 26, 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 $277.26 is trading 40% below its estimated GF Value™ of $461.79.
GuruFocus considers LPL Financial Holdings to be Significantly Undervalued.
Key valuation signals for LPLA:
EV-to-FCF: -26.43
GF Value™: $461.79 vs. price of $277.26 (40% below fair value)
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.
86GF Score
Get the complete analysis for LPLA
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LPLA has been successfully added to your 
