Invesaro

Stocks Comparison

LPL Financial vs Marex: revenue, profit, margins and growth compared

LPL Financial brought in $17B of revenue in fiscal 2025, Marex $2B in fiscal 2025. Revenue changed by +37.2% at LPL Financial and +26.9% at Marex on the year before, so LPL Financial grew faster. LPL Financial kept 5.1% of its revenue as net profit, Marex 14.5%. Free cash flow was -$981.8M at LPL Financial and $654.4M at Marex.

Side by side, latest fiscal year

LPLAMRX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$17B$2B
Revenue growth+37.2%+26.9%
Net income$863M$293.9M
Net margin5.1%14.5%
Free cash flow-$981.8M$654.4M
Free cash flow margin-5.8%32.3%
Earnings per share (diluted)$10.92$3.86
Cash$1B$2.9B
Debt$7.3B$200M
Price to earnings28.8n/a
Market value$24.8B$5.3B
Dividend yield0.38%n/a
Rank by revenue in sector#39 of 444 · Finance#144 of 444 · Finance

Over the years

Revenue
LPLA FY2018: $5.2BLPLA FY2019: $5.6BLPLA FY2020: $5.9BLPLA FY2021: $7.7BLPLA FY2022: $8.6BLPLA FY2023: $10.1BLPLA FY2024: $12.4BLPLA FY2025: $17BMRX FY2022: $711.1MMRX FY2024: $1.2BMRX FY2024: $1.6BMRX FY2025: $2BFY18FY19FY20FY21FY22FY23FY24FY25
LPLA $17BMRX $2B
Net income
LPLA FY2018: $439.5MLPLA FY2019: $559.9MLPLA FY2020: $472.6MLPLA FY2021: $459.9MLPLA FY2022: $845.7MLPLA FY2023: $1.1BLPLA FY2024: $1.1BLPLA FY2025: $863MMRX FY2022: $91.6MMRX FY2024: $128MMRX FY2024: $204.7MMRX FY2025: $293.9MFY18FY19FY20FY21FY22FY23FY24FY25
LPLA $863MMRX $293.9M
Net margin
LPLA FY2018: 8.5%LPLA FY2019: 10.0%LPLA FY2020: 8.0%LPLA FY2021: 6.0%LPLA FY2022: 9.8%LPLA FY2023: 10.6%LPLA FY2024: 8.5%LPLA FY2025: 5.1%MRX FY2022: 12.9%MRX FY2024: 10.3%MRX FY2024: 12.8%MRX FY2025: 14.5%FY18FY19FY20FY21FY22FY23FY24FY25
LPLA 5.1%MRX 14.5%
Revenue growth
LPLA FY2019: +8.4%LPLA FY2020: +4.4%LPLA FY2021: +31.5%LPLA FY2022: +11.4%LPLA FY2023: +16.9%LPLA FY2024: +23.2%LPLA FY2025: +37.2%MRX FY2024: +75.0%MRX FY2024: +28.1%MRX FY2025: +26.9%FY19FY20FY21FY22FY23FY24FY25
LPLA +37.2%MRX +26.9%
Free cash flow
LPLA FY2018: $448.9MLPLA FY2019: $467.5MLPLA FY2020: $634.4MLPLA FY2021: $237.1MLPLA FY2022: $1.6BLPLA FY2023: $109.3MLPLA FY2024: -$284.9MLPLA FY2025: -$981.8MMRX FY2022: $222MMRX FY2024: $726MMRX FY2024: $1.2BMRX FY2025: $654.4MFY18FY19FY20FY21FY22FY23FY24FY25
LPLA -$981.8MMRX $654.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about LPL Financial and Marex

Which is bigger by revenue, LPL Financial or Marex?

LPL Financial is bigger by revenue: $17B in fiscal 2025, against $2B for Marex in fiscal 2025.

Which keeps more of its revenue as profit, LPL Financial or Marex?

LPL Financial had a net margin of 5.1% in fiscal 2025; Marex had 14.5% in fiscal 2025.

Which grew revenue faster, LPL Financial or Marex?

In their latest fiscal years revenue changed by +37.2% at LPL Financial and +26.9% at Marex.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies