Value202020212022202320242025TTMSelling/general/admin expenses275.86 M319.06 M360 M396.92 M450.78 M881.81 M881.81 MResearch & development———————Operating income630.82 M6.93 B7.67 B8.88 B11.26 B15.3 B15.3 BNon-Operating Income, Total———————Interest expense, net of interest capitalized119.57 M104.41 M126.23 M186.8 M274.18 M403.41 M403.41 MNon-Operating Income, excl. Interest Expenses———————Unusual income/expense———————Pretax income626.07 M601.33 M1.11 B1.44 B1.39 B1.15 B1.15 BEquity in earnings———————Taxes153.43 M141.46 M265.95 M378.52 M334.28 M286.48 M286.48 MNon-controlling/minority interest———————After tax other income/expense12.67 M10.01 M14.78 M39.17 M25.32 M4.94 M4.94 MNet income before discontinued operations472.64 M459.87 M845.7 M1.07 B1.06 B863.02 M863.02 MDiscontinued operations———————Net income472.64 M459.87 M845.7 M1.07 B1.06 B863.02 M863.02 MDilution adjustment———————Preferred dividends———————Diluted net income available to common stockholders472.64 M459.87 M845.7 M1.07 B1.06 B863.02 M863.02 MBasic earnings per share (Basic EPS)5.965.7510.613.8814.1710.9710.97Diluted earnings per share (Diluted EPS)5.865.6310.413.6914.0310.9210.92Average basic shares outstanding79.24 M80 M79.8 M76.81 M74.71 M78.68 M313.28 MDiluted shares outstanding80.7 M81.74 M81.28 M77.86 M75.43 M79.06 M314.9 MEBITDA———————EBIT———————Cost of revenue———————Other cost of goods sold———————Depreciation & amortization (cash flow)109.7 M151.4 M199.8 M247 M308.5 M393.4 M393.4 M
LPL Financial Holdings Inc
LPL Financial Holdings Inc. was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory and brokerage assets, and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego. The company is a member of FINRA and the SIPC.