COMP <GO>
NMR vs LPLA // OPERATING MARGIN
Nomura Holdings Inc ADR (NYSE) VS. LPL Financial Holdings Inc. (NASDAQ) • 15-METRIC TALLY: NMR 8
— LPLA 4
▲ OPERATING MARGIN LEADER: NMR
LAST: $9.38 (-0.95%) • MKT CAP: $27.21B
operating-margins
13.90%
LAST: $283.74 (+1.50%) • MKT CAP: $22.09B
operating-margins
6.20%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NMR VS. LPLA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NMR | LPLA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.90% | 8.50% | +1.40 | NMR | /roic <GO> |
| EV/EBITDA & P/E Valuation | 21.0x | 17.2x | +3.80 | LPLA | /valuation <GO> |
| Free Cash Flow Yield | 2.21% | -4.46% | +6.67 | NMR | /fcf-yield <GO> |
| Operating Margin ACTIVE | 13.90% | 6.20% | +7.70 | NMR | /operating-margins <GO> |
| Net Profit Margin | 10.90% | 5.10% | +5.80 | NMR | /net-margins <GO> |
| Revenue Growth (YoY) | 0.00% | 37.20% | -37.20 | LPLA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.43% | -0.43 | LPLA | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | NMR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 47.4 | 35.0 | +12.40 | NMR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.15 | 1.11 | +0.04 | NMR | /macro-sensitivity <GO> |
| Forward P/E Multiple | 30.5x | 21.4x | +9.10 | LPLA | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $27.21B | $22.09B | $5.12B | NMR | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NMR REV | LPLA REV | NMR GROSS % | LPLA GROSS % | NMR FCF | LPLA FCF |
|---|---|---|---|---|---|---|
| FY 2025 | — | $16.99B | — | — | — | -$981.8M |
| FY 2024 | — | $12.39B | — | — | — | -$284.9M |
| FY 2023 | — | $10.05B | — | — | — | $60.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NMR // BETA 1.15
LPLA // BETA 1.11