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FRHC vs. LPLA: Freedom vs. LPL Financial Stock Comparison

How do Freedom (FRHC) and LPL Financial (LPLA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Freedom (FRHC) and LPL Financial (LPLA) are both classified in the Investment Banking & Brokerage sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.

Company profile comparison for Freedom (FRHC) and LPL Financial (LPLA)
Profile ItemFRHCLPLA
NameFreedom Holding Corp.LPL Financial Holdings Inc.
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsCapital Markets
GICS Sub-IndustryInvestment Banking & BrokerageInvestment Banking & Brokerage
Market Capitalization11.41 billion USD23.01 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateFebruary 7, 2018November 18, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FRHC
LPLA
GSPC
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Freedom (FRHC) vs. LPL Financial (LPLA), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Freedom (FRHC) and LPL Financial (LPLA). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Freedom (FRHC) and LPL Financial (LPLA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Freedom (FRHC) and LPL Financial (LPLA)
MetricFRHCLPLA
Total Return (1Y)18.04%-17.27%
Total Return (3Y, Annualized)28.04%11.10%
Total Return (5Y, Annualized)18.95%13.92%

Risk Profile

Drawdown History

FRHC
LPLA
GSPC
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Freedom (FRHC) vs. LPL Financial (LPLA), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Freedom (FRHC) and LPL Financial (LPLA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Freedom (FRHC) and LPL Financial (LPLA)
MetricFRHCLPLA
Volatility (1Y, Annualized)47.01%39.22%
Beta (5Y)0.710.52
Max Drawdown (5Y)-45.80%-33.18%
Avg. Volume (3M)108.35K855.76K

Risk-Adjusted Performance

Risk-Return Positioning

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FRHC and LPLA are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Freedom (FRHC) and LPL Financial (LPLA)
MetricFRHCLPLA
Sharpe Ratio (1Y)0.29-0.55
Sortino Ratio (1Y)0.45-0.70

Profitability

ROE (TTM)

LPL Financial (LPLA) at 25.66% sits in the top ROE quartile, while Freedom (FRHC) at 10.68% is closer to the peer norm — stronger capital efficiency for LPLA.

FRHC

Financial Services industry group

10.68%

Max
44.78%
Q3
21.85%
Median
12.91%
FRHC
10.68%
Q1
4.48%
Min
-18.71%

LPLA

Financial Services industry group

25.66%

Max
44.78%
LPLA
25.66%
Q3
21.85%
Median
12.91%
Q1
4.48%
Min
-18.71%
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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Both Freedom (FRHC) at 8.43% and LPL Financial (LPLA) at 6.97% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

FRHC

Financial Services industry group

8.43%

Max
62.84%
Q3
28.05%
Median
15.36%
FRHC
8.43%
Q1
4.82%
Min
-28.52%

LPLA

Financial Services industry group

6.97%

Max
62.84%
Q3
28.05%
Median
15.36%
LPLA
6.97%
Q1
4.82%
Min
-28.52%
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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Freedom (FRHC) at 5.01% and LPL Financial (LPLA) at 10.85% generate less operating profit per sales dollar than peers, sitting in the lower operating margin quartile of their industries.

FRHC

Financial Services industry group

5.01%

Max
107.33%
Q3
55.90%
Median
30.09%
Q1
14.60%
FRHC
5.01%
Min
-44.34%

LPLA

Financial Services industry group

10.85%

Max
107.33%
Q3
55.90%
Median
30.09%
Q1
14.60%
LPLA
10.85%
Min
-44.34%
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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Freedom (FRHC) and LPL Financial (LPLA)
MetricFRHCLPLA
ROE (TTM)10.68%25.66%
ROA (TTM)1.24%7.35%
Net Margin (TTM)8.43%6.97%
Operating Margin (TTM)5.01%10.85%
Gross Margin (TTM)----

Growth

Revenue Growth

LPL Financial (LPLA) at 37.18% sits in the top revenue growth quartile, while Freedom (FRHC) at 8.97% is closer to the peer norm — faster top-line expansion for LPLA.

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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Freedom (FRHC) at 98.93% sits in the top EPS growth quartile, while LPL Financial (LPLA) at -22.17% is closer to the peer norm — faster per-share earnings growth for FRHC.

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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Freedom (FRHC) and LPL Financial (LPLA)
MetricFRHCLPLA
Revenue Growth (YoY)8.97%37.18%
Revenue Growth (3Y CAGR)39.61%25.47%
EPS Growth (YoY)98.93%-22.17%
EPS Growth (3Y CAGR)-10.08%1.64%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Freedom (FRHC) in Financial Services and LPL Financial (LPLA) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Freedom (FRHC) in Financial Services and LPL Financial (LPLA) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Freedom (FRHC) and LPL Financial (LPLA)
MetricFRHCLPLA
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Freedom (FRHC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile LPL Financial (LPLA) reports a yield of 0.40%, ranking against industry peers normally.

FRHC

Financial Services industry group

0.00%

Max
9.77%
Q3
3.92%
Median
1.09%
FRHC
0.00%
Q1
0.00%
Min
0.00%

LPLA

Financial Services industry group

0.40%

Max
9.77%
Q3
3.92%
Median
1.09%
LPLA
0.40%
Q1
0.00%
Min
0.00%
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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Freedom (FRHC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile LPL Financial (LPLA) reports a payout of 6.88%, ranking against industry peers normally.

FRHC

Financial Services industry group

0.00%

Max
241.07%
Q3
97.36%
Median
25.77%
FRHC
0.00%
Q1
0.00%
Min
0.00%

LPLA

Financial Services industry group

6.88%

Max
241.07%
Q3
97.36%
Median
25.77%
LPLA
6.88%
Q1
0.00%
Min
0.00%
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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Freedom (FRHC) and LPL Financial (LPLA)
MetricFRHCLPLA
Dividend Yield (TTM)0.00%0.40%
Dividend Payout Ratio (TTM)0.00%6.88%

Valuation

P/E Ratio (TTM)

LPL Financial (LPLA) at 16.93 is near its industry’s usual P/E ratio, while Freedom (FRHC) at 70.97 sits above its peer range — an unusually expensive price for FRHC’s trailing earnings.

FRHC

Financial Services industry group

70.97

FRHC
70.97
Max
45.85
Q3
24.64
Median
15.37
Q1
9.68
Min
0.16

LPLA

Financial Services industry group

16.93

Max
45.85
Q3
24.64
LPLA
16.93
Median
15.37
Q1
9.68
Min
0.16
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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

LPL Financial (LPLA) at 1.15 looks cheap on sales in the lower P/S ratio quartile, while Freedom (FRHC) at 6.51 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

FRHC

Financial Services industry group

6.51

Max
9.23
FRHC
6.51
Q3
4.57
Median
2.72
Q1
1.28
Min
-0.55

LPLA

Financial Services industry group

1.15

Max
9.23
Q3
4.57
Median
2.72
Q1
1.28
LPLA
1.15
Min
-0.55
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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Both Freedom (FRHC) at 7.16 and LPL Financial (LPLA) at 3.98 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

FRHC

Financial Services industry group

7.16

Max
7.79
FRHC
7.16
Q3
3.63
Median
1.57
Q1
0.81
Min
-0.39

LPLA

Financial Services industry group

3.98

Max
7.79
LPLA
3.98
Q3
3.63
Median
1.57
Q1
0.81
Min
-0.39
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Freedom (FRHC) vs. LPL Financial (LPLA): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Freedom (FRHC) and LPL Financial (LPLA)
MetricFRHCLPLA
P/E Ratio (TTM)70.9716.93
P/S Ratio (TTM)6.511.15
P/B Ratio (MRQ)7.163.98
Free Cash Flow Yield (TTM)----