LPL Financial Holdings is a holding company. Through its subsidiaries, Co. is engaged in the retail financial advice market and is an independent broker-dealer. Co.'s product and solution access includes: commission-based products, which include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and education savings plans and insurance; and fee-based platforms and support, which includes wrap-fee programs, mutual fund asset allocation programs, an advisor-improved digital advice program, advisory programs provided by third-party investment advisor firms, financial planning services and retirement plan consulting services. We show 54 historical shares outstanding datapoints in our LPLA shares outstanding history coverage, used to compute LPLA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LPLA market cap history over the course of time is important for investors
interested in comparing LPLA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LPLA versus a peer is one thing; comparing
LPLA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LPLA can fluctuate over the course of history.
With this page we aim to empower investors researching LPLA by allowing them to research the LPLA market cap history. |
Free LPLA Email Alerts:
Video: The Importance of Market Cap
