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Houlihan Lokey (HLI) is a Financials company in the Russell 1000. Latest news and coverage below.
| FY2017Mar 2017 | FY2018Mar 2018 | FY2019Mar 2019 | FY2020Mar 2020 | FY2021Mar 2021 | FY2022Mar 2022 | FY2023Mar 2023 | FY2024Mar 2024 | FY2025Mar 2025 | FY2026Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $872.1M | $963.4M | $1.08B | $1.16B | $1.53B | $2.27B | $1.81B | $1.91B | $2.39B | $2.62B |
| Growth (year over year) | — | +10.5% | +12.6% | +6.9% | +31.6% | +48.8% | −20.3% | +5.8% | +24.8% | +9.5% |
| Gross profit | $241.5M | $277.6M | $306.0M | $322.5M | $521.4M | $795.3M | $557.1M | $571.1M | $772.3M | — |
| Gross margin | 27.7% | 28.8% | 28.2% | 27.8% | 34.2% | 35.0% | 30.8% | 29.8% | 32.3% | — |
| Operating income | $182.0M | $214.4M | $219.1M | $229.6M | $408.2M | $612.9M | $341.7M | $373.2M | $502.6M | $527.0M |
| Operating margin | 20.9% | 22.3% | 20.2% | 19.8% | 26.8% | 27.0% | 18.9% | 19.5% | 21.0% | 20.1% |
| Net income | $108.3M | $172.3M | $159.1M | $183.8M | $312.8M | $437.8M | $254.2M | $280.3M | $399.7M | $425.7M |
| Net margin | 12.4% | 17.9% | 14.7% | 15.9% | 20.5% | 19.3% | 14.0% | 14.6% | 16.7% | 16.3% |
| EPS (diluted) | $1.63 | $2.60 | $2.42 | $2.80 | $4.55 | $6.41 | $3.76 | $4.11 | $5.82 | $6.22 |
| Balance sheet | ||||||||||
| Cash and equivalents | $300.3M | $206.7M | $285.7M | $380.4M | $846.9M | $833.7M | $714.4M | $721.2M | $971.0M | $1.19B |
| Total assets | $1.39B | $1.42B | $1.43B | $1.68B | $2.43B | $2.89B | $2.97B | $3.17B | $3.82B | $4.31B |
| Total liabilities | $655.3M | $566.0M | $534.6M | $692.6M | $1.04B | $1.44B | $1.36B | $1.33B | $1.64B | $1.86B |
| Long-term debt | $32.6M | $11.9M | $31.2M | $36.7M | $55.9M | — | — | — | — | — |
| Shareholders' equity | $726.6M | $852.8M | $891.3M | $984.4M | $1.38B | $1.44B | $1.61B | $1.84B | $2.17B | $2.34B |
| Cash flow | ||||||||||
| Operating cash flow | $252.0M | $250.6M | $224.3M | $287.7M | $579.8M | $736.6M | $136.3M | $328.5M | $848.6M | $704.1M |
| Capital expenditure | $14.4M | $7.72M | $6.73M | $20.7M | $14.1M | $8.68M | $50.7M | $66.7M | $39.7M | $22.3M |
| Free cash flow | $237.6M | $242.9M | $217.5M | $266.9M | $565.7M | $727.9M | $85.5M | $261.7M | $808.9M | $681.8M |
| Dividends paid | $55.3M | $52.1M | $66.9M | $80.7M | $92.0M | $114.8M | $140.4M | $148.5M | $165.2M | $174.0M |
| Share buybacks | $0 | $18.1M | $69.6M | $29.6M | $102.2M | $304.8M | $48.7M | $25.0M | $52.5M | $175.4M |
| Q2 FY25Sep 2024 | Q3 FY25Dec 2024 | Q4 FY25†Mar 2025 | Q1 FY26Jun 2025 | Q2 FY26Sep 2025 | Q3 FY26Dec 2025 | Q4 FY26†Mar 2026 | Q1 FY27Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $575.0M | $634.4M | $666.4M | $605.0M | $659.5M | $717.1M | $636.0M | $511.0M |
| Growth (year over year) | +23.1% | +24.1% | +28.0% | +17.8% | +14.7% | +13.0% | −4.6% | −15.5% |
| Gross profit | $190.0M | $199.1M | $226.0M | $188.0M | $222.8M | $230.7M | — | $154.0M |
| Gross margin | 33.0% | 31.4% | 33.9% | 31.1% | 33.8% | 32.2% | — | 30.1% |
| Operating income | $130.7M | $136.1M | $141.1M | $90.0M | $151.3M | $160.7M | $124.9M | $78.0M |
| Operating margin | 22.7% | 21.5% | 21.2% | 14.9% | 22.9% | 22.4% | 19.6% | 15.3% |
| Net income | $93.5M | $95.3M | $121.9M | $98.0M | $111.8M | $116.5M | $99.4M | $78.0M |
| Net margin | 16.3% | 15.0% | 18.3% | 16.2% | 17.0% | 16.3% | 15.6% | 15.3% |
| EPS (diluted) | $1.37 | $1.39 | $1.76 | $1.42 | $1.63 | $1.70 | $1.47 | $1.15 |
| Balance sheet | ||||||||
| Cash and equivalents | $691.4M | $799.3M | $971.0M | $793.8M | $923.6M | $1.06B | $1.19B | $745.0M |
| Total assets | $3.21B | $3.48B | $3.82B | $3.52B | $3.79B | $3.94B | $4.31B | $3.72B |
| Total liabilities | $1.26B | $1.40B | $1.64B | $1.34B | $1.55B | $1.64B | $1.86B | $1.35B |
| Shareholders' equity | $1.96B | $2.08B | $2.17B | $2.18B | $2.25B | $2.29B | $2.34B | $2.25B |
| Cash flow | ||||||||
| Operating cash flow | $289.2M | $265.5M | $358.4M | −$132.0M | $325.4M | $217.7M | $293.0M | −$336.0M |
| Capital expenditure | $10.5M | $3.85M | $14.5M | $13.0M | $2.42M | $639.0K | $6.25M | $6.00M |
| Free cash flow | $278.7M | $261.7M | $343.9M | −$145.0M | $323.0M | $217.0M | $286.8M | −$342.0M |
| Dividends paid | $38.4M | $37.0M | $38.5M | $53.0M | $41.3M | $40.6M | $39.2M | $61.0M |
From Houlihan Lokey's 10-K and 10-Q filings with the SEC; its fiscal year ends in March. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Houlihan Lokey, Inc. is an American multinational independent investment bank and financial services company, and the No. 1 ranked global M&A advisor by transaction count. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California.
Source: Wikipedia — Houlihan Lokey
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