← LPL Financial Holdings Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $191.9m |
$238.9m
+24.45%
|
$439.5m
+83.98%
|
$559.9m
+27.40%
|
$472.6m
-15.58%
|
$459.9m
-2.70%
|
$845.7m
+83.90%
|
$1.1b
+26.08%
|
$1.1b
-0.72%
|
$863.0m
-18.48%
|
— | |
| Depreciation, Depletion and Amortization | $75.9m | $84.1m | $87.7m | $95.8m | $109.7m | $151.4m | $199.8m | $247.0m | $308.5m | $393.4m | $705.5m | |
| Amortization of Debt Issuance Costs | $5.8m | $4.3m | $4.1m | $4.7m | $5.4m | $5.7m | $6.9m | $8.7m | $11.3m | $21.6m | — | |
| Amortization of Intangible Assets | $38.0m | $38.3m | $60.3m | $65.3m | $67.4m | $79.3m | $87.6m | $107.2m | $135.2m | $236.6m | — | |
| Depreciation | $75.9m | $84.1m | $87.7m | $95.8m | $109.7m | $151.4m | $199.8m | $247.0m | $308.5m | $393.4m | $420.4m | |
| Deferred Income Tax Expense (Benefit) | ($11.6m) | ($9.4m) | ($1.8m) | ($18.6m) | ($23.7m) | $18.5m | ($93.3m) | ($68.5m) | ($76.2m) | $52.9m | $57.8m | |
| Share-based Payment Arrangement, Noncash Expense | $24.9m | $28.5m | $29.2m | $32.9m | $34.0m | $44.2m | $52.6m | $68.7m | $91.8m | $79.4m | $86.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.2m | $3.5m | $4.8m | $5.9m | $9.4m | $20.2m | $25.2m | $40.0m | $41.3m | $33.5m | — | |
| Goodwill and Intangible Asset Impairment | $0 | — | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Other Operating Assets | $30.0m | $23.2m | $51.7m | $62.7m | $103.9m | $136.2m | $148.3m | $213.0m | $435.3m | $413.3m | — | |
| Net Cash Provided by (Used in) Operating Activities | $274.8m |
$443.8m
+61.47%
|
$581.6m
+31.05%
|
$623.9m
+7.27%
|
$789.9m
+26.62%
|
$453.1m
-42.64%
|
$1.9b
+329.36%
|
$512.6m
-73.65%
|
$277.6m
-45.85%
|
($411.4m)
-248.21%
|
($252.2m)
+38.71%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $127.6m | $111.9m | $132.7m | $156.4m | $155.5m | $216.0m | $306.6m | $403.3m | $562.5m | $570.4m | ($679.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $25.9m | $30.6m | $245.9m | $56.5m | $453.5m | $1.0b | $1.8b | ($1.8b) | |
| Net Cash Provided by (Used in) Investing Activities | ($125.3m) | ($437.7m) | ($161.8m) | ($181.0m) | ($187.5m) | ($458.6m) | ($376.4m) | ($860.2m) | ($1.6b) | ($2.4b) | ($2.6b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | $10.7m | — | — | — | — | — | ($1.5b) | |
| Gain (Loss) on Extinguishment of Debt | $0 | ($22.4m) | $0 | ($3.2m) | $0 | ($24.4m) | $0 | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | $25.0m | $113.7m | $417.9m | $500.4m | $150.0m | $90.0m | $325.0m | $1.1b | $170.1m | $100.0m | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | — | $0 | $0 | $1.7b | $0 | |
| Dividends paid | $89.1m | $90.3m | $88.4m | $82.6m | $79.1m | $80.1m | $79.8m | $92.2m | $89.7m | $94.4m | ($96.0m) | |
| Payments of Dividends | $89.1m | $90.3m | $88.4m | $82.6m | $79.1m | $80.1m | $79.8m | $92.2m | $89.7m | $94.4m | ($96.0m) | |
| Proceeds from (Payments for) Other Financing Activities | $0 | — | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($126.4m) |
$57.3m
+145.37%
|
($483.4m)
-942.98%
|
($533.2m)
-10.32%
|
($275.2m)
+48.39%
|
$278.8m
+201.33%
|
($504.3m)
-280.85%
|
($208.5m)
+58.65%
|
$1.4b
+779.72%
|
$3.2b
+123.55%
|
($178.4m)
-105.63%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $134.9m | $67.0m | ($63.5m) | ($90.3m) | $327.3m | $273.3m | $1.1b | ($556.1m) | $102.9m | $370.7m | $2.9b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $134.9m | $67.0m | $1.6b | $1.5b | $1.8b | $2.1b | $3.1b | $2.6b | $2.7b | $3.1b | $2.9b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $92.3m | $92.7m | $123.6m | $126.9m | $106.9m | $103.7m | $118.8m | $191.3m | $268.4m | $379.9m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | $1.4b | $1.4b | $1.5b | $1.5b | $1.5b | $1.6b | $1.6b | $1.9b | $2.2b | $2.6b | — | |
| Income Tax Expense (Benefit) | $105.6m | $125.7m | $153.2m | $182.0m | $153.4m | $141.5m | $266.0m | $378.5m | $334.3m | $286.5m | — | |
| Operating Expenses | $3.7b | $3.8b | $4.5b | $4.7b | $5.1b | — | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $388k | $608k | $0 | $0 | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $6.9m | $84.4m | $51.5m | $40.2m | $30.2m | $42.0m | $28.7m | $18.7m | $28.7m | $22.2m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.