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Side-by-side financial comparison of LPL Financial Holdings Inc. (LPLA) and ManpowerGroup Inc. (MAN). 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 $4.7B, roughly 1.0× ManpowerGroup Inc.). LPL Financial Holdings Inc. runs the higher net margin — 7.2% vs 0.6%, a 6.6% gap on every dollar of revenue. On growth, LPL Financial Holdings Inc. posted the faster year-over-year revenue change (34.6% vs 7.1%). Over the past eight quarters, LPL Financial Holdings Inc.'s revenue compounded faster (29.8% CAGR vs 3.5%).
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.
ManpowerGroup is an American multinational corporation headquartered in Milwaukee, Wisconsin. Founded in 1948 by Elmer Winter and Aaron Scheinfeld, ManpowerGroup is the third-largest staffing firm in the world behind Swiss firm Adecco and Dutch firm Randstad NV. The company provides administrative & support services, professional services, and business services through its four primary brands: Manpower, Experis, Right Management, and ManpowerGroup Solutions.
LPLA vs MAN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $4.9B | $4.7B |
| Net Profit | $356.4M | $30.2M |
| Gross Margin | 32.3% | 16.3% |
| Operating Margin | — | 1.7% |
| Net Margin | 7.2% | 0.6% |
| Revenue YoY | 34.6% | 7.1% |
| Net Profit YoY | — | 34.2% |
| EPS (diluted) | $4.43 | $0.65 |
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 | $4.9B | — | ||
| Q4 25 | $4.9B | $4.7B | ||
| Q3 25 | $4.6B | $4.6B | ||
| Q2 25 | $3.8B | $4.5B | ||
| Q1 25 | $3.7B | $4.1B | ||
| Q4 24 | $3.5B | $4.4B | ||
| Q3 24 | $3.1B | $4.5B | ||
| Q2 24 | $2.9B | $4.5B |
| Q1 26 | $356.4M | — | ||
| Q4 25 | $300.7M | $30.2M | ||
| Q3 25 | $-29.5M | $18.0M | ||
| Q2 25 | $273.2M | $-67.1M | ||
| Q1 25 | $318.6M | $5.6M | ||
| Q4 24 | $270.7M | $22.5M | ||
| Q3 24 | $255.3M | $22.8M | ||
| Q2 24 | $243.8M | $60.1M |
| Q1 26 | 32.3% | — | ||
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 17.1% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 17.3% | ||
| Q2 24 | — | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 1.7% | ||
| Q3 25 | -0.7% | 1.4% | ||
| Q2 25 | 9.6% | -0.6% | ||
| Q1 25 | 11.4% | 0.7% | ||
| Q4 24 | 9.7% | 1.6% | ||
| Q3 24 | 11.2% | 1.6% | ||
| Q2 24 | 11.3% | 2.2% |
| Q1 26 | 7.2% | — | ||
| Q4 25 | 6.1% | 0.6% | ||
| Q3 25 | -0.6% | 0.4% | ||
| Q2 25 | 7.1% | -1.5% | ||
| Q1 25 | 8.7% | 0.1% | ||
| Q4 24 | 7.7% | 0.5% | ||
| Q3 24 | 8.2% | 0.5% | ||
| Q2 24 | 8.3% | 1.3% |
| Q1 26 | $4.43 | — | ||
| Q4 25 | $3.65 | $0.65 | ||
| Q3 25 | $-0.37 | $0.38 | ||
| Q2 25 | $3.40 | $-1.44 | ||
| Q1 25 | $4.24 | $0.12 | ||
| Q4 24 | $3.58 | $0.49 | ||
| Q3 24 | $3.39 | $0.47 | ||
| Q2 24 | $3.23 | $1.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $871.0M |
| Total DebtLower is stronger | — | $1.1B |
| Stockholders' EquityBook value | $5.7B | $2.1B |
| Total Assets | $18.8B | $9.2B |
| Debt / EquityLower = less leverage | — | 0.51× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.1B | $871.0M | ||
| Q3 25 | $1.6B | $274.6M | ||
| Q2 25 | $4.3B | $289.8M | ||
| Q1 25 | $1.4B | $395.0M | ||
| Q4 24 | $1.0B | $509.4M | ||
| Q3 24 | $1.6B | $410.9M | ||
| Q2 24 | $1.4B | $468.9M |
| Q1 26 | — | — | ||
| Q4 25 | $7.3B | $1.1B | ||
| Q3 25 | $7.5B | $468.3M | ||
| Q2 25 | $7.2B | $470.3M | ||
| Q1 25 | $5.7B | $971.4M | ||
| Q4 24 | $5.5B | $929.4M | ||
| Q3 24 | $4.4B | $999.7M | ||
| Q2 24 | $4.4B | $961.7M |
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.3B | $2.1B | ||
| Q3 25 | $5.0B | $2.0B | ||
| Q2 25 | $5.1B | $2.0B | ||
| Q1 25 | $3.1B | $2.1B | ||
| Q4 24 | $2.9B | $2.1B | ||
| Q3 24 | $2.8B | $2.2B | ||
| Q2 24 | $2.5B | $2.1B |
| Q1 26 | $18.8B | — | ||
| Q4 25 | $18.5B | $9.2B | ||
| Q3 25 | $18.0B | $8.4B | ||
| Q2 25 | $17.5B | $8.5B | ||
| Q1 25 | $14.0B | $8.0B | ||
| Q4 24 | $13.3B | $8.2B | ||
| Q3 24 | $11.9B | $8.5B | ||
| Q2 24 | $11.5B | $8.5B |
| Q1 26 | — | — | ||
| Q4 25 | 1.36× | 0.51× | ||
| Q3 25 | 1.49× | 0.23× | ||
| Q2 25 | 1.41× | 0.24× | ||
| Q1 25 | 1.82× | 0.46× | ||
| Q4 24 | 1.87× | 0.44× | ||
| Q3 24 | 1.60× | 0.46× | ||
| Q2 24 | 1.77× | 0.45× |
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 | — | $178.9M |
| Free Cash FlowOCF − Capex | — | $168.0M |
| FCF MarginFCF / Revenue | — | 3.6% |
| Capex IntensityCapex / Revenue | 0.0% | 0.2% |
| Cash ConversionOCF / Net Profit | — | 5.92× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-161.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $785.0M | $178.9M | ||
| Q3 25 | $-1.7B | $59.8M | ||
| Q2 25 | $193.3M | $-189.6M | ||
| Q1 25 | $339.8M | $-153.2M | ||
| Q4 24 | $-178.8M | $247.6M | ||
| Q3 24 | $209.3M | $83.5M | ||
| Q2 24 | $-178.9M | $-137.9M |
| Q1 26 | — | — | ||
| Q4 25 | $613.3M | $168.0M | ||
| Q3 25 | $-1.9B | $44.7M | ||
| Q2 25 | $56.3M | $-207.2M | ||
| Q1 25 | $220.3M | $-166.9M | ||
| Q4 24 | $-344.3M | $236.3M | ||
| Q3 24 | $62.3M | $67.4M | ||
| Q2 24 | $-307.8M | $-149.8M |
| Q1 26 | — | — | ||
| Q4 25 | 12.4% | 3.6% | ||
| Q3 25 | -41.1% | 1.0% | ||
| Q2 25 | 1.5% | -4.6% | ||
| Q1 25 | 6.0% | -4.1% | ||
| Q4 24 | -9.8% | 5.4% | ||
| Q3 24 | 2.0% | 1.5% | ||
| Q2 24 | -10.5% | -3.3% |
| Q1 26 | 0.0% | — | ||
| Q4 25 | 3.5% | 0.2% | ||
| Q3 25 | 3.1% | 0.3% | ||
| Q2 25 | 3.6% | 0.4% | ||
| Q1 25 | 3.3% | 0.3% | ||
| Q4 24 | 4.7% | 0.3% | ||
| Q3 24 | 4.7% | 0.4% | ||
| Q2 24 | 4.4% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 2.61× | 5.92× | ||
| Q3 25 | — | 3.32× | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 1.07× | -27.36× | ||
| Q4 24 | -0.66× | 11.00× | ||
| Q3 24 | 0.82× | 3.66× | ||
| Q2 24 | -0.73× | -2.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LPLA
| Advisory | $2.6B | 53% |
| Sales-based | $705.4M | 14% |
| Trailing | $486.6M | 10% |
| Client cash | $445.3M | 9% |
| Other | $394.5M | 8% |
| Service and fee | $211.0M | 4% |
| Transaction | $80.5M | 2% |
MAN
| Other | $2.4B | 52% |
| Transferred Over Time | $1.1B | 24% |
| Staffingand Interim | $1.0B | 22% |
| Productsand Services Other | $50.8M | 1% |
| Permanent Recruitment | $37.5M | 1% |
| Outcome Based Solutionsand Consulting | $20.7M | 0% |
| Transferred At Point In Time | $20.4M | 0% |