LPL Financial Holdings Inc. (LPLA) financial statements (2021 and earlier)

Company profile

Business Address 4707 EXECUTIVE DRIVE
SAN DIEGO, CA 92121
State of Incorp. DE
Fiscal Year End December 31
SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments590511829759737426
Cash and cash equivalents590511811748725412
Short-term investments  18111213
Receivables299249229190180291
Total current assets:8897601,058949917717
Noncurrent Assets
Operating lease, right-of-use asset102
Property, plant and equipment533461413387275214
Intangible assets, net (including goodwill)1,9431,9741,8421,7201,7581,797
Goodwill1,5041,4901,4281,3661,3661,366
Intangible assets, net (excluding goodwill)440484414354392431
Total noncurrent assets:2,5792,4362,2552,1072,0332,011
Other undisclosed assets2,4122,2822,0461,7791,5711,323
TOTAL ASSETS:5,8805,4775,3594,8354,5214,051
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred revenue83
Debt     121
Deferred revenue and credits72636564
Total current liabilities:83 726365185
Noncurrent Liabilities
Long-term debt and lease obligation     1,513
Long-term debt, excluding current maturities     1,513
Liabilities, other than long-term debt2     
Deferred income tax liabilities2
Total noncurrent liabilities:2    1,513
Other undisclosed liabilities4,7714,5034,3223,9513,7401,381
Total liabilities:4,8564,5034,3944,0143,8053,079
Stockholders' equity
Stockholders' equity attributable to parent1,024974965821716972
Common stock000000
Treasury stock, value(2,235)(1,731)(1,310)(1,195)(1,172)(781)
Additional paid in capital1,7041,6341,5561,4451,4181,355
Accumulated other comprehensive income   011
Retained earnings1,5551,070718570469396
Total stockholders' equity:1,024974965821716972
TOTAL LIABILITIES AND EQUITY:5,8805,4775,3594,8354,5214,051

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Brokerage commissions revenue1,8921,920
Financial services revenue3,0803,0273,3293,456
Gross profit:5,6255,1884,2814,0494,2754,374
Operating expenses(4,750)(4,471)(3,787)(3,655)(3,933)(4,023)
Other operating expense, net
(Other Expenses)
     (109)
Operating income:875718494394342241
Interest and debt expense(146)(129)(134)(102)(63)(59)
Income from continuing operations before equity method investments, income taxes:729589360292279181
Other undisclosed income from continuing operations before income taxes134463113
Income from continuing operations before income taxes:742593365298283295
Income tax expense(182)(153)(126)(106)(114)(117)
Net income available to common stockholders, diluted:560439239192169178

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:560439239192169178
Other comprehensive loss  (0)(0)(0) 
Comprehensive income:560439239192169178
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (0)(0)(0)1
Comprehensive income, net of tax, attributable to parent:560439239192168179

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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