LPL Financial Holdings Inc. (LPLA) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments544809590511829759
Cash and cash equivalents495809590511811748
Short-term investments49   1811
Receivables581307299249229190
Total current assets:1,1261,1158897601,058949
Noncurrent Assets
Finance lease, right-of-use asset97  
Operating lease, right-of-use asset95102102
Property, plant and equipment659583533461413387
Intangible assets, net (including goodwill)2,0971,9111,9431,9741,8421,720
Goodwill1,6421,5141,5041,4901,4281,366
Intangible assets, net (excluding goodwill)455397440484414354
Regulated entity, other noncurrent assets7     
Deferred income tax assets624 
Total noncurrent assets:2,9612,6202,5792,4362,2552,107
Other undisclosed assets3,9042,7882,4122,2822,0461,779
TOTAL ASSETS:7,9926,5245,8805,4775,3594,835
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred revenue 9583
Deferred revenue and credits7263
Total current liabilities: 9583 7263
Noncurrent Liabilities
Liabilities, other than long-term debt  2   
Deferred income tax liabilities  2
Total noncurrent liabilities:  2   
Other undisclosed liabilities6,3215,1134,7714,5034,3223,951
Total liabilities:6,3215,2094,8564,5034,3944,014
Stockholders' equity
Stockholders' equity attributable to parent1,6711,3151,024974965821
Common stock000000
Treasury stock, value(2,499)(2,391)(2,235)(1,731)(1,310)(1,195)
Additional paid in capital1,8411,7631,7041,6341,5561,445
Accumulated other comprehensive income     0
Retained earnings2,3281,9431,5551,070718570
Total stockholders' equity:1,6711,3151,024974965821
TOTAL LIABILITIES AND EQUITY:7,9926,5245,8805,4775,3594,835

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues7,7215,8725,6255,1884,2814,049
Brokerage commissions revenue2,3791,9071,8921,920
Financial services revenue3,0803,027
Cost of revenue(6,563)     
Gross profit:1,1585,8725,6255,1884,2814,049
Operating expenses(557)(5,140)(4,750)(4,471)(3,787)(3,655)
Other operating expense, net
(Other Expenses)
(132)     
Operating income:470732875718494394
Interest and debt expense(129)(106)(146)(129)(134)(102)
Income from continuing operations before equity method investments, income taxes:341626729589360292
Other undisclosed income from continuing operations before income taxes260 13446
Income from continuing operations before income taxes:601626742593365298
Income tax expense(141)(153)(182)(153)(126)(106)
Net income available to common stockholders, diluted:460473560439239192

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:460473560439239192
Other comprehensive loss    (0)(0)
Comprehensive income:460473560439239192
Other undisclosed comprehensive loss, net of tax, attributable to parent    (0)(0)
Comprehensive income, net of tax, attributable to parent:460473560439239192

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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