LPL Financial Holdings vs Raymond James Financial
LPL Financial Holdings and Raymond James Financial are similar in size: $16.99bn and $15.91bn of revenue in their latest fiscal years. LPL Financial Holdings grew faster (37.2% against 6.6%). Raymond James Financial kept more of each dollar of sales as profit: a net margin of 13.4% against 5.1%.
| Latest fiscal year | LPL Financial HoldingsLPLA, 2025 | Raymond James FinancialRJF, 2025 |
|---|---|---|
| Revenue | $16.99bn | $15.91bn |
| Revenue growth | 37.2% | 6.6% |
| Net income | $863m | $2.13bn |
| Operating margin | — | — |
| Net margin | 5.1% | 13.4% |
| Return on equity | 20.9% | 17.7% |
| Free cash flow | −$982m | $2.25bn |
| Cash | $1.04bn | $11.39bn |
| Total debt | $7.30bn | $700m |
| Debt to equity | — | — |
| Dividend per share | $1.20 | $2.00 |
| Dividend yield | 0.4% | 1.4% |
| Share buybacks | $100m | — |
| Employees | 10,000 | 19,500 |
| Market value | $23.55bn | $31.07bn |
| Price vs our value range | — | — |
| Moat score | 75 (Strong) | 83 (Strong) |
| Insider trades, 12 months | 0 buys, 48 sales | 0 buys, 8 sales |