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Side-by-side financial comparison of AECOM (ACM) and LPL Financial Holdings Inc. (LPLA). Click either name above to swap in a different company.
LPL Financial Holdings Inc. is the larger business by last-quarter revenue ($4.9B vs $3.8B, roughly 1.3× AECOM). LPL Financial Holdings Inc. runs the higher net margin — 6.1% vs 1.9%, a 4.2% gap on every dollar of revenue. On growth, LPL Financial Holdings Inc. posted the faster year-over-year revenue change (40.4% vs 1.6%). LPL Financial Holdings Inc. produced more free cash flow last quarter ($613.3M vs $41.9M). Over the past eight quarters, LPL Financial Holdings Inc.'s revenue compounded faster (32.0% CAGR vs -1.4%).
AECOM is an American multinational infrastructure consulting firm headquartered in Dallas, Texas.
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.
ACM vs LPLA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.8B | $4.9B |
| Net Profit | $74.5M | $300.7M |
| Gross Margin | 7.3% | — |
| Operating Margin | 5.8% | 8.1% |
| Net Margin | 1.9% | 6.1% |
| Revenue YoY | 1.6% | 40.4% |
| Net Profit YoY | -48.0% | 11.1% |
| EPS (diluted) | $0.56 | $3.65 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.8B | — | ||
| Q4 25 | — | $4.9B | ||
| Q3 25 | $4.2B | $4.6B | ||
| Q2 25 | $4.2B | $3.8B | ||
| Q1 25 | $3.8B | $3.7B | ||
| Q4 24 | $4.0B | $3.5B | ||
| Q3 24 | $4.1B | $3.1B | ||
| Q2 24 | $4.2B | $2.9B |
| Q1 26 | $74.5M | — | ||
| Q4 25 | — | $300.7M | ||
| Q3 25 | $120.4M | $-29.5M | ||
| Q2 25 | $131.0M | $273.2M | ||
| Q1 25 | $143.4M | $318.6M | ||
| Q4 24 | $167.0M | $270.7M | ||
| Q3 24 | $172.5M | $255.3M | ||
| Q2 24 | $134.3M | $243.8M |
| Q1 26 | 7.3% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | 6.9% | — |
| Q1 26 | 5.8% | — | ||
| Q4 25 | — | 8.1% | ||
| Q3 25 | 5.7% | -0.7% | ||
| Q2 25 | 7.0% | 9.6% | ||
| Q1 25 | 6.8% | 11.4% | ||
| Q4 24 | 5.9% | 9.7% | ||
| Q3 24 | 5.8% | 11.2% | ||
| Q2 24 | 5.5% | 11.3% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 6.1% | ||
| Q3 25 | 2.9% | -0.6% | ||
| Q2 25 | 3.1% | 7.1% | ||
| Q1 25 | 3.8% | 8.7% | ||
| Q4 24 | 4.2% | 7.7% | ||
| Q3 24 | 4.2% | 8.2% | ||
| Q2 24 | 3.2% | 8.3% |
| Q1 26 | $0.56 | — | ||
| Q4 25 | — | $3.65 | ||
| Q3 25 | $0.90 | $-0.37 | ||
| Q2 25 | $0.98 | $3.40 | ||
| Q1 25 | $1.08 | $4.24 | ||
| Q4 24 | $1.25 | $3.58 | ||
| Q3 24 | $1.27 | $3.39 | ||
| Q2 24 | $0.98 | $3.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $1.1B |
| Total DebtLower is stronger | $2.6B | $7.3B |
| Stockholders' EquityBook value | $2.2B | $5.3B |
| Total Assets | $11.9B | $18.5B |
| Debt / EquityLower = less leverage | 1.18× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $1.6B | $1.6B | ||
| Q2 25 | $1.8B | $4.3B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $1.6B | $1.6B | ||
| Q2 24 | $1.6B | $1.4B |
| Q1 26 | $2.6B | — | ||
| Q4 25 | — | $7.3B | ||
| Q3 25 | $2.6B | $7.5B | ||
| Q2 25 | $2.5B | $7.2B | ||
| Q1 25 | $2.5B | $5.7B | ||
| Q4 24 | $2.5B | $5.5B | ||
| Q3 24 | $2.5B | $4.4B | ||
| Q2 24 | $2.5B | $4.4B |
| Q1 26 | $2.2B | — | ||
| Q4 25 | — | $5.3B | ||
| Q3 25 | $2.5B | $5.0B | ||
| Q2 25 | $2.5B | $5.1B | ||
| Q1 25 | $2.3B | $3.1B | ||
| Q4 24 | $2.2B | $2.9B | ||
| Q3 24 | $2.2B | $2.8B | ||
| Q2 24 | $2.3B | $2.5B |
| Q1 26 | $11.9B | — | ||
| Q4 25 | — | $18.5B | ||
| Q3 25 | $12.2B | $18.0B | ||
| Q2 25 | $12.3B | $17.5B | ||
| Q1 25 | $11.8B | $14.0B | ||
| Q4 24 | $11.8B | $13.3B | ||
| Q3 24 | $12.1B | $11.9B | ||
| Q2 24 | $12.0B | $11.5B |
| Q1 26 | 1.18× | — | ||
| Q4 25 | — | 1.36× | ||
| Q3 25 | 1.06× | 1.49× | ||
| Q2 25 | 0.99× | 1.41× | ||
| Q1 25 | 1.07× | 1.82× | ||
| Q4 24 | 1.11× | 1.87× | ||
| Q3 24 | 1.12× | 1.60× | ||
| Q2 24 | 1.07× | 1.77× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $70.2M | $785.0M |
| Free Cash FlowOCF − Capex | $41.9M | $613.3M |
| FCF MarginFCF / Revenue | 1.1% | 12.4% |
| Capex IntensityCapex / Revenue | 0.7% | 3.5% |
| Cash ConversionOCF / Net Profit | 0.94× | 2.61× |
| TTM Free Cash FlowTrailing 4 quarters | $616.0M | $-981.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $70.2M | — | ||
| Q4 25 | — | $785.0M | ||
| Q3 25 | $196.1M | $-1.7B | ||
| Q2 25 | $283.7M | $193.3M | ||
| Q1 25 | $190.7M | $339.8M | ||
| Q4 24 | $151.1M | $-178.8M | ||
| Q3 24 | $298.8M | $209.3M | ||
| Q2 24 | $291.3M | $-178.9M |
| Q1 26 | $41.9M | — | ||
| Q4 25 | — | $613.3M | ||
| Q3 25 | $134.1M | $-1.9B | ||
| Q2 25 | $261.7M | $56.3M | ||
| Q1 25 | $178.3M | $220.3M | ||
| Q4 24 | $110.9M | $-344.3M | ||
| Q3 24 | $274.5M | $62.3M | ||
| Q2 24 | $272.8M | $-307.8M |
| Q1 26 | 1.1% | — | ||
| Q4 25 | — | 12.4% | ||
| Q3 25 | 3.2% | -41.1% | ||
| Q2 25 | 6.3% | 1.5% | ||
| Q1 25 | 4.7% | 6.0% | ||
| Q4 24 | 2.8% | -9.8% | ||
| Q3 24 | 6.7% | 2.0% | ||
| Q2 24 | 6.6% | -10.5% |
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | 3.5% | ||
| Q3 25 | 1.5% | 3.1% | ||
| Q2 25 | 0.5% | 3.6% | ||
| Q1 25 | 0.3% | 3.3% | ||
| Q4 24 | 1.0% | 4.7% | ||
| Q3 24 | 0.6% | 4.7% | ||
| Q2 24 | 0.4% | 4.4% |
| Q1 26 | 0.94× | — | ||
| Q4 25 | — | 2.61× | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 2.17× | 0.71× | ||
| Q1 25 | 1.33× | 1.07× | ||
| Q4 24 | 0.90× | -0.66× | ||
| Q3 24 | 1.73× | 0.82× | ||
| Q2 24 | 2.17× | -0.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
