Which has the lower trailing P/E, AFRM or LPLA?

AFRM has the lower trailing P/E: AFRM trades at 12.82 and LPLA at 25.23. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AFRM or LPLA?

Over the past five years, AFRM grew revenue faster — AFRM at a 36.90% CAGR versus LPLA at 24.16%.

Does AFRM or LPLA pay a bigger dividend?

LPLA pays a dividend (0.38% yield), while AFRM has no payments in the available dividend history.

Is AFRM or LPLA more profitable?

AFRM runs the higher net margin — AFRM at 46.11% versus LPLA at 5.13%.

How have AFRM and LPLA total returns compared?

Over the past 5 years, AFRM delivered -9.69% and LPLA delivered 15.11% annualized total return. Past performance doesn't predict future results.

Affirm Holdings, Inc. (AFRM) vs LPL Financial Holdings Inc. (LPLA)

A side-by-side comparison of Affirm Holdings, Inc. and LPL Financial Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.

AFRM

Affirm Holdings, Inc.

$23.70B

$70.77Financial ServicesDelayed quote: Oct 2, 2026, 4:00 PM EDT

LPLA

LPL Financial Holdings Inc.

$25.31B

$316.44Financial ServicesDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — AFRM vs LPLA

growth of $100 · dividends reinvested · last 6y

AFRM -27.2% (-5.2%/yr)LPLA +178.6% (+18.6%/yr)LPLA compounded faster over this window

AFRM LPLA

AFRM vs LPLA: by the numbers

•LPLA is the larger company ($25.31B vs $23.70B market cap).
•AFRM trades at the lower trailing earnings multiple (12.82 vs 25.23 P/E), one valuation lens rather than an overall verdict.
•AFRM converts more revenue to profit (46.11% vs 5.13% net margin).
•AFRM grew revenue faster over the past five years (36.90% vs 24.16% CAGR).
•LPLA pays a dividend (0.38% yield), while AFRM has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	AFRM	LPLA
P/E ratio	12.82	25.23
Forward P/E	35.62	13.34
PEG ratio	N/A	1.90
P/S ratio	5.66	1.29
P/B ratio	4.32	4.40

Profitability

Metric	AFRM	LPLA
Gross margin	N/A	25.19%
Operating margin	15.50%	10.70%
Net margin	46.11%	5.13%
ROE	35.19%	17.49%

Affirm Holdings, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	AFRM	LPLA
Dividend yield	N/A	0.38%
Payout ratio	N/A	9.57%

Growth (annualized)

Metric	AFRM	LPLA
Revenue CAGR (5Y)	36.90%	24.16%
EPS CAGR (5Y)	N/A	12.98%
Total return CAGR (5Y)	-9.69%	15.11%

Frequently asked

Which has the lower trailing P/E, AFRM or LPLA?: AFRM has the lower trailing P/E: AFRM trades at 12.82 and LPLA at 25.23. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AFRM or LPLA?: Over the past five years, AFRM grew revenue faster — AFRM at a 36.90% CAGR versus LPLA at 24.16%.
Does AFRM or LPLA pay a bigger dividend?: LPLA pays a dividend (0.38% yield), while AFRM has no payments in the available dividend history.
Is AFRM or LPLA more profitable?: AFRM runs the higher net margin — AFRM at 46.11% versus LPLA at 5.13%.
How have AFRM and LPLA total returns compared?: Over the past 5 years, AFRM delivered -9.69% and LPLA delivered 15.11% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AFRM analysis Full LPLA analysis Interactive comparison tool

Dig into the metrics

Affirm P/E ratio LPL Financial P/E ratio LPL Financial dividend yield Affirm ROE LPL Financial ROE Affirm operating margin LPL Financial operating margin Affirm revenue growth LPL Financial revenue growth

Affirm & LPL Financial appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 3, 2026.