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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. LPL Financial Holdings's current 3-Year Share Buyback Ratio was -0.30%.
The historical rank and industry rank for LPL Financial Holdings's 3-Year Share Buyback Ratio or its related term are showing as below:
LPLA'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.3 Med: 1.85 Max: 5.6
Current: -0.3
During the past 13 years, LPL Financial Holdings's highest 3-Year Share Buyback Ratio was 5.60%. The lowest was -0.30%. And the median was 1.85%.
LPLA's 3-Year Share Buyback Ratio is ranked better than 69.89% of 435
companies
in the Capital Markets industry
Industry Median: -2.9
vs LPLA: -0.30
LPL Financial Holdings (NAS:LPLA) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
LPL Financial Holdings 3-Year Share Buyback Ratio Related Terms
LPLA vs TW, CRCL, FUTU: 3-Year Share Buyback Ratio Comparison
For the Capital Markets subindustry, LPL Financial Holdings's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where LPL Financial Holdings's 3-Year Share Buyback Ratio falls into.
LPL Financial Holdings 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -0.30 mean?
LPL Financial Holdings (LPLA) has a 3-Year Share Buyback Ratio of -0.30 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for LPL Financial Holdings and its competitors. According to the industry distribution chart, LPL Financial Holdings ranks #131 out of 435 companies in the Capital Markets industry, placing it in the top 30.1%.
Is LPL Financial Holdings' 3-Year Share Buyback Ratio too high?
LPL Financial Holdings' current 3-Year Share Buyback Ratio is -0.30. Based on the distribution chart, LPL Financial Holdings ranks #131 out of 435 companies in the Capital Markets industry, which is above the industry midpoint. Overall, LPL Financial Holdings has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LPL Financial Holdings' 3-Year Share Buyback Ratio compare to TW and CRCL?
According to the Capital Markets industry distribution chart, LPL Financial Holdings ranks #131 out of 435 companies for 3-Year Share Buyback Ratio. This puts LPL Financial Holdings in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Capital Markets company?
A good 3-Year Share Buyback Ratio depends on the Capital Markets industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for LPL Financial Holdings and its competitors. LPL Financial Holdings's current 3-Year Share Buyback Ratio is -0.30. 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 $477.88, compared to a current price of $368.73 — trading 22.8% below its estimated fair value. The current 3-Year Share Buyback Ratio is -0.30. LPL Financial Holdings' overall GF Score™ is 91/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For LPL Financial Holdings (LPLA), the current 3-Year Share Buyback Ratio is -0.30 as of Jun. 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 $368.73 is trading 22.8% below its estimated GF Value™ of $477.88.
GuruFocus considers LPL Financial Holdings to be Modestly Undervalued.
Key valuation signals for LPLA:
3-Year Share Buyback Ratio: -0.30
GF Value™: $477.88 vs. price of $368.73 (22.8% 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.
91GF Score
Get the complete analysis for LPLA
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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