LPL Financial Holdings's quarterly market cap
increased
from Jun. 2023 ($16,661 Mil) to Sep. 2023 ($17,971 Mil) but then
declined
from Sep. 2023 ($17,971 Mil) to Dec. 2023 ($16,993 Mil).
LPL Financial Holdings's annual market cap
increased
from Dec. 2021 ($12,806 Mil) to Dec. 2022 ($17,131 Mil) but then
declined
from Dec. 2022 ($17,131 Mil) to Dec. 2023 ($16,993 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. LPL Financial Holdings's Enterprise Value for Today is $23,324 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of LPL Financial Holdings's Market Cap
For the Capital Markets subindustry, LPL Financial Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
LPL Financial Holdings's Market Cap Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where LPL Financial Holdings's Market Cap falls into.
LPL Financial Holdings Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
LPL Financial Holdings's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LPL Financial Holdings (NAS:LPLA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
LPL Financial Holdings Market Cap Related Terms
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LPL Financial Holdings (LPL Financial Holdings) Business Description
LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. As of the end of 2022, the company had nearly 20,000 advisors on its platform managing over $1 trillion of client assets.
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