earnings
confidence high
sentiment positive
materiality 0.80
LPL Financial Q4 EPS $3.59, up 26% YoY; adjusted EPS $4.25, up 21%; record recruited assets
LPL Financial Holdings Inc.
2024-FY EPS reported
$14.03
revenue$12,385,107,000
- Net income $271M, diluted EPS $3.59 (up 26% YoY); adjusted EPS $4.25 (up 21% YoY).
- Gross profit Q4 $1,228M (+22% YoY); adjusted EBITDA $585M (+22% YoY).
- Total advisory & brokerage assets $1.7T (+29% YoY); advisory assets $957B (+30% YoY).
- Organic net new assets $68B (incl. $40B from Prudential); record recruited assets $79B (incl. $63B Prudential).
- Advisor count 28,888 (+5,202 seq.); includes ~2,200 from Atria and ~2,800 from Prudential.