Freedom (FRHC) vs LPL Financial (LPLA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
LPL Financial (LPLA) has outperformed Freedom (FRHC) over the past year, gaining 0.9% versus a loss of 1.5%. Over five years, FRHC leads with a +163.3% price change compared with +90.1% for LPLA. LPL Financial is the larger company by market cap ($25.83 billion vs $10.63 billion), about 2.4 times the size.
On valuation, LPL Financial trades at a lower forward P/E (10.9x vs 37.0x for Freedom). LPL Financial pays a dividend yielding 0.37%, while Freedom does not currently pay one. Freedom converts more of its revenue into profit, with a net margin of 7.0% versus 5.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FRHC | LPLA |
|---|---|---|
| Share price | $166.70 | $328.00 |
| Market cap | $10.63B | $25.83B |
| 1-day change | -4.61% | +0.99% |
| YTD return | +37.00% | -8.17% |
| 1-year return | -1.53% | +0.88% |
| 5-year return | +163.35% | +90.14% |
| P/E ratio (TTM) | 66.15 | 26.09 |
| Forward P/E | 37.04 | 10.86 |
| EPS (TTM) | $2.52 | $12.57 |
| Dividend yield | 0.00% | 0.37% |
| Annual dividend | $0.00 | $1.20 |
| Revenue (latest FY) | $2.19B | $16.99B |
| Revenue growth (YoY) | +9.34% | +37.18% |
| Net income (latest FY) | $153.33M | $863.02M |
| Gross margin | 96.37% | — |
| Net margin | 7.00% | 5.08% |
| 52-week high | $178.00 | $400.16 |
| 52-week low | $107.98 | $260.15 |
| Distance from 52-week high | -6.35% | -18.03% |
| Analyst consensus | — | buy |
| Avg. price target upside | — | +29.08% |
| Average volume | 112.47K | 727.78K |
| Shares outstanding | 63.79M | 78.74M |
| Employees | 12,100 | 10,081 |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- LPL Financial is about 2.4 times larger than Freedom by market value ($25.83B vs $10.63B).
- Freedom trades at a higher earnings multiple (66.2x vs 26.1x trailing P/E).
- LPL Financial grew revenue faster in its latest fiscal year (+37.18% vs +9.34%).
About Freedom
FRHC stock →Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, retail and commercial banking, and insurance products. It operates through four segments: Brokerage, Banking, Insurance, and Other.
Finance · Investment Bankers/Brokers/Service · 12,100 employees
About LPL Financial
LPLA stock →LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States. The company's brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account.
Finance · Investment Bankers/Brokers/Service · 10,081 employees
FRHC vs LPLA FAQ
Which is bigger, Freedom or LPL Financial?
LPL Financial (LPLA) is larger, with a market capitalization of $25.83B compared with $10.63B for Freedom (FRHC).
Which stock has performed better over the past year, FRHC or LPLA?
LPLA returned +0.88% over the past 12 months, compared with -1.53% for FRHC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FRHC or LPLA?
LPLA has the lower trailing P/E at 26.1, versus 66.2 for FRHC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Freedom or LPL Financial?
LPL Financial pays a dividend yielding 0.37%, while Freedom does not currently pay a regular dividend.
Are Freedom and LPL Financial in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.