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Side-by-side financial comparison of LPL Financial Holdings Inc. (LPLA) and Schlumberger (SLB). Click either name above to swap in a different company.

Schlumberger is the larger business by last-quarter revenue ($8.7B vs $4.9B, roughly 1.8× LPL Financial Holdings Inc.). Schlumberger runs the higher net margin — 8.6% vs 7.2%, a 1.4% gap on every dollar of revenue. On growth, LPL Financial Holdings Inc. posted the faster year-over-year revenue change (34.6% vs 2.7%). Over the past eight quarters, LPL Financial Holdings Inc.'s revenue compounded faster (29.8% CAGR vs -2.3%).

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.

SLB, formerly known as Schlumberger, is an American multinational oilfield services company. Founded in France in 1926, the company is now incorporated as SLB N.V. in Willemstad, Curaçao, with principal executive offices in four cities: Paris, France; Houston, Texas, United States; London, UK; and The Hague, Netherlands. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.

LPLA vs SLB — Head-to-Head

Bigger by revenue
SLB
SLB
1.8× larger
SLB
$8.7B
$4.9B
LPLA
Growing faster (revenue YoY)
LPLA
LPLA
+31.8% gap
LPLA
34.6%
2.7%
SLB
Higher net margin
SLB
SLB
1.4% more per $
SLB
8.6%
7.2%
LPLA
Faster 2-yr revenue CAGR
LPLA
LPLA
Annualised
LPLA
29.8%
-2.3%
SLB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LPLA
LPLA
SLB
SLB
Revenue
$4.9B
$8.7B
Net Profit
$356.4M
$752.0M
Gross Margin
32.3%
Operating Margin
Net Margin
7.2%
8.6%
Revenue YoY
34.6%
2.7%
Net Profit YoY
-5.6%
EPS (diluted)
$4.43
$0.50

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.

Revenue
LPLA
LPLA
SLB
SLB
Q1 26
$4.9B
$8.7B
Q4 25
$4.9B
$9.7B
Q3 25
$4.6B
$8.9B
Q2 25
$3.8B
$8.5B
Q1 25
$3.7B
$8.5B
Q4 24
$3.5B
$9.3B
Q3 24
$3.1B
$9.2B
Q2 24
$2.9B
$9.1B
Net Profit
LPLA
LPLA
SLB
SLB
Q1 26
$356.4M
$752.0M
Q4 25
$300.7M
$824.0M
Q3 25
$-29.5M
$739.0M
Q2 25
$273.2M
$1.0B
Q1 25
$318.6M
$797.0M
Q4 24
$270.7M
$1.1B
Q3 24
$255.3M
$1.2B
Q2 24
$243.8M
$1.1B
Gross Margin
LPLA
LPLA
SLB
SLB
Q1 26
32.3%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
LPLA
LPLA
SLB
SLB
Q1 26
Q4 25
8.1%
9.7%
Q3 25
-0.7%
11.2%
Q2 25
9.6%
15.0%
Q1 25
11.4%
12.5%
Q4 24
9.7%
14.9%
Q3 24
11.2%
16.5%
Q2 24
11.3%
15.5%
Net Margin
LPLA
LPLA
SLB
SLB
Q1 26
7.2%
8.6%
Q4 25
6.1%
8.5%
Q3 25
-0.6%
8.3%
Q2 25
7.1%
11.9%
Q1 25
8.7%
9.4%
Q4 24
7.7%
11.8%
Q3 24
8.2%
12.9%
Q2 24
8.3%
12.2%
EPS (diluted)
LPLA
LPLA
SLB
SLB
Q1 26
$4.43
$0.50
Q4 25
$3.65
$0.53
Q3 25
$-0.37
$0.50
Q2 25
$3.40
$0.74
Q1 25
$4.24
$0.58
Q4 24
$3.58
$0.77
Q3 24
$3.39
$0.83
Q2 24
$3.23
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LPLA
LPLA
SLB
SLB
Cash + ST InvestmentsLiquidity on hand
$1.0B
$3.4B
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$5.7B
$27.4B
Total Assets
$18.8B
$19.3B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPLA
LPLA
SLB
SLB
Q1 26
$1.0B
$3.4B
Q4 25
$1.1B
$1.2B
Q3 25
$1.6B
$571.0M
Q2 25
$4.3B
$511.0M
Q1 25
$1.4B
$961.0M
Q4 24
$1.0B
$1.1B
Q3 24
$1.6B
$1.4B
Q2 24
$1.4B
$1.1B
Total Debt
LPLA
LPLA
SLB
SLB
Q1 26
$9.7B
Q4 25
$7.3B
Q3 25
$7.5B
Q2 25
$7.2B
Q1 25
$5.7B
Q4 24
$5.5B
Q3 24
$4.4B
Q2 24
$4.4B
Stockholders' Equity
LPLA
LPLA
SLB
SLB
Q1 26
$5.7B
$27.4B
Q4 25
$5.3B
$26.1B
Q3 25
$5.0B
$25.6B
Q2 25
$5.1B
$20.3B
Q1 25
$3.1B
$19.5B
Q4 24
$2.9B
$21.1B
Q3 24
$2.8B
$21.5B
Q2 24
$2.5B
$21.1B
Total Assets
LPLA
LPLA
SLB
SLB
Q1 26
$18.8B
$19.3B
Q4 25
$18.5B
$54.9B
Q3 25
$18.0B
$55.1B
Q2 25
$17.5B
$48.8B
Q1 25
$14.0B
$49.0B
Q4 24
$13.3B
$48.9B
Q3 24
$11.9B
$49.8B
Q2 24
$11.5B
$49.4B
Debt / Equity
LPLA
LPLA
SLB
SLB
Q1 26
0.35×
Q4 25
1.36×
Q3 25
1.49×
Q2 25
1.41×
Q1 25
1.82×
Q4 24
1.87×
Q3 24
1.60×
Q2 24
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
LPLA
LPLA
SLB
SLB
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$103.0M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPLA
LPLA
SLB
SLB
Q1 26
Q4 25
$785.0M
$3.0B
Q3 25
$-1.7B
$1.7B
Q2 25
$193.3M
$1.1B
Q1 25
$339.8M
$660.0M
Q4 24
$-178.8M
$2.4B
Q3 24
$209.3M
$2.4B
Q2 24
$-178.9M
$1.4B
Free Cash Flow
LPLA
LPLA
SLB
SLB
Q1 26
$103.0M
Q4 25
$613.3M
$2.5B
Q3 25
$-1.9B
$1.3B
Q2 25
$56.3M
$771.0M
Q1 25
$220.3M
$262.0M
Q4 24
$-344.3M
$1.8B
Q3 24
$62.3M
$2.0B
Q2 24
$-307.8M
$973.0M
FCF Margin
LPLA
LPLA
SLB
SLB
Q1 26
1.2%
Q4 25
12.4%
25.5%
Q3 25
-41.1%
14.3%
Q2 25
1.5%
9.0%
Q1 25
6.0%
3.1%
Q4 24
-9.8%
19.2%
Q3 24
2.0%
21.7%
Q2 24
-10.5%
10.6%
Capex Intensity
LPLA
LPLA
SLB
SLB
Q1 26
0.0%
Q4 25
3.5%
5.3%
Q3 25
3.1%
4.6%
Q2 25
3.6%
4.3%
Q1 25
3.3%
4.7%
Q4 24
4.7%
6.6%
Q3 24
4.7%
5.0%
Q2 24
4.4%
5.1%
Cash Conversion
LPLA
LPLA
SLB
SLB
Q1 26
Q4 25
2.61×
3.65×
Q3 25
2.28×
Q2 25
0.71×
1.13×
Q1 25
1.07×
0.83×
Q4 24
-0.66×
2.18×
Q3 24
0.82×
2.06×
Q2 24
-0.73×
1.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LPLA
LPLA

Advisory$2.6B53%
Sales-based$705.4M14%
Trailing$486.6M10%
Client cash$445.3M9%
Other$394.5M8%
Service and fee$211.0M4%
Transaction$80.5M2%

SLB
SLB

Segment breakdown not available.

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