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HLI

Houlihan Lokey, Inc.
$139.12 -3.33 (-2.34%) At close · Jul 7
Market Cap
$9.61B
Shares
69,059,387

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$2.62B +9.5%
FY2026 Revenue FY2017–FY2026
Net Income
$425.7M +6.5%
FY2026 Net Income FY2014–FY2026
Gross Margin
32.32% +2.5pp
FY2025 Gross Margin FY2017–FY2025
Operating Margin
20.13% -0.9pp
FY2026 Operating Margin FY2017–FY2026
Diluted EPS
$6.22 +6.9%
FY2026 Diluted EPS FY2014–FY2026
Operating Cash Flow
$704.13M -17%
FY2026 Operating Cash Flow FY2014–FY2026

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014
$2.62B $2.39B $1.91B $1.81B $2.27B $1.53B $1.16B $1.08B $963.36M $872.09M
$867.34M $772.31M $571.07M $557.08M $795.29M $521.37M $322.55M $305.99M $277.6M $241.48M $188.71M $177.86M
32.32% 29.83% 30.79% 35.04% 34.18% 27.82% 28.22% 28.82% 27.69%
$15.08M $19.33M $10.75M $44.97M $33.94M $4.16M $7.45M $6.04M $1.71M $3.15M $2.91M $1.4M $1.76M
$42.63M $41.27M $28.54M $58.22M $48.54M $15.23M $17.29M $14.48M $7.91M $8.85M $7.5M $5.51M $6.04M
$2.09B $1.89B $1.54B $1.47B $1.66B $1.12B $929.77M $865.29M $748.95M $690.1M $567.37M $552.22M $489.6M
$527.02M $502.57M $373.23M $341.74M $612.86M $408.16M $229.6M $219.1M $214.41M $182M $126.4M $128.65M $102.85M
20.13% 21.03% 19.5% 18.89% 27% 26.76% 19.8% 20.2% 22.26% 20.87%
$569.65M $543.84M $401.77M $399.96M $661.4M $423.39M $246.89M $233.57M $222.32M $190.85M $133.9M $134.16M $108.89M
$35.25M $28.77M $17.31M -$17.74M -$8.93M $1.07M $6.05M $5.22M $3.42M -$3.51M -$770K $3.48M $2.48M
$609K $3.21M -$3.84M -$1.6M $509K
$562.27M $531.34M $390.54M $324M $603.94M $409.23M $235.65M $224.32M $217.84M $178.49M $125.63M $132.14M $105.33M
$138.09M $131.62M $110.24M $69.78M $165.61M $96.46M $51.85M $65.21M $45.55M $70.14M $55.86M $52.2M $43.9M
$425.7M $399.71M $280.3M $254.22M $437.75M $312.77M $183.79M $159.11M $172.28M $108.34M $69.74M $79.88M $61.32M
16.26% 16.73% 14.64% 14.05% 19.28% 20.5% 15.85% 14.67% 17.88% 12.42%
-$1.52M $0 $0 $0 $573K $0 $0 $0 $0 $26K $58K $108K
$159.11M $172.28M $108.34M $69.74M
$441.13M $403.04M $276.51M $234.76M $414.58M $335.7M $170.98M $142.77M $180.24M $101.04M $66.47M $77.45M $62.59M
USD/shares $6.40 $6.08 $4.36 $4.01 $6.74 $4.75 $2.96 $2.56 $2.76 $1.77 $1.18 $1.40 $1.11
USD/shares $6.22 $5.82 $4.11 $3.76 $6.41 $4.55 $2.80 $2.42 $2.60 $1.63 $1.10 $1.33 $1.05
shares 66.55M 65.72M 64.34M 63.36M 64.97M 65.79M 62.15M 62.21M 62.49M 61.1M 59.04M 57.13M 55.05M
shares 68.43M 68.66M 68.16M 67.59M 68.26M 68.67M 65.73M 65.85M 66.32M 66.58M 63.48M 60.14M 58.12M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2014–FY2026: $825.85M in buybacks, $1.21B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
EV/EBIT
P/E (TTM)
22.37×
Capital Markets median 18.36×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Corporate Finance $1,744,634,000 $1,526,756,000 $1,106,826,000 $1,127,126,000 $1,593,083,000 $802,853,000 $646,788,000 $607,333,000
Financial Restructuring $528,655,000 $544,478,000 $521,984,000 $395,733,000 $392,818,000 $534,747,000 $352,517,000 $317,774,000
Financial and Valuation Advisory $344,227,000 $318,182,000 $285,594,000
Financial Advisory Services $286,588,000 $284,057,000 $187,852,000 $160,063,000 $159,278,000

By Geography (USD)

Component 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
United States $1,775,335,000 $1,702,163,000 $1,344,305,000 $1,289,365,000 $1,690,708,000 $1,192,720,000 $975,075,000 $878,840,000
Non Us $842,181,000 $687,253,000 $570,099,000 $520,082,000 $579,250,000 $332,732,000 $184,293,000 $205,545,000
Key facts CIK 1302215 CUSIP 441593100 13F (30d) 17 filings 15 filers Visit website Investor relations