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Houlihan Lokey, Inc. HLI R3KFINANCIAL

Financial Services · Capital Markets · United States
https://hl.com
Company Profile ↓
$135.39
-30.08% 1Y
Mkt Cap$7.34B
P/E22.72
P/B4.05
Div. Yield2.11%
52W High$205.60
52W Low$122.74
Book Value$32.26
EPS (TTM)$5.96

Company Overview

Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructurings and liability management, and financial and valuation advisory services worldwide. The company operates in three segments: Corporate Finance (CF), Financial Restructuring (FR), and Financial and Valuation Advisory (FVA). The CF segment offers general financial advisory services; and advises public and private institutions, including financial sponsors on buy-side and sell-side M&A transactions, debt and equity financings in both the private and public markets, and other corporate finance transactions. The FR segment advises debtors, creditors, and other parties-in-interest related to recapitalization/deleveraging transactions. This segment also provides a range of advisory services, such as structuring, negotiation, and confirmation of plans of reorganization; structuring and analysis of exchange offers; liability management transactions; corporate viability assessment; dispute resolution and expert testimony; and procuring debtor-in-possession financing. The FVA segment provides valuation services to companies; debt and equity interests comprising illiquid investments; and other assets and liabilities. This segment also offers fairness opinions in connection with mergers and acquisitions and other transactions; solvency opinions in connection with corporate spin-offs and dividend recapitalizations; other types of financial opinions; and diligence, tax, transaction accounting, and other financial advisory services, as well as dispute resolution services. It serves corporations, financial sponsors, and government agencies. Houlihan Lokey, Inc. was incorporated in 1972 and is headquartered in Los Angeles, California.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 17.8%, reflecting efficient use of shareholder capital.

Consistent Profit Growth

Net profit has compounded at 17.5% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 13.0% CAGR over the past five years.

Healthy Margins

Maintains a net profit margin of 16.1%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.21.

Dividend Income

Offers a dividend yield of 2.11%.

Recent Developments

  • Mar 2026 Revenue of $2.62B (+9.5% YoY); net profit $425.70M.
  • Trailing 12 Months Year-on-year growth — revenue -15.5%, earnings -19.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR 13.0%, profit CAGR 17.5%.

Growth & Price Performance

Compounded Sales Growth

5 Years:12.99%
1 Year:-15.50%

Compounded Profit Growth

5 Years:17.52%
1 Year:-19.00%

Stock Price Performance

1 Year:-30.08%
6 Months:-6.82%
3 Months:-0.73%
1 Month:+5.51%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 15% of range
$122.74 $205.60
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMABelow
  • RSI (14)57.44 · Neutral
Price Performance
1M+5.51%
3M-0.73%
6M-6.82%
1Y-30.08%
Valuation vs Sector

P/E of 22.72 is above the sector median of 12.89 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 13.0% over 5 years.
  • Profit CAGR of 17.5% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 34.1% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
22.72
Industry PE
12.89
Forward P/E
15.40
PEG Ratio
-
Book Value
$32.26
Price to Book
4.05
P/S
3.62
EV/EBITDA
-
Dividend Yield
2.11%

Growth (CAGR)

Revenue 5Y
12.99%
Profit 5Y
17.52%
Revenue (YoY)
-15.50%
Earnings (YoY)
-19.00%

Profitability & Returns

ROCE
-
ROE
17.79%
ROA
11.17%
Profit Margin
16.08%
Op Margin
18.39%
Gross Margin
94.11%
EPS (Latest Qtr)
$1.15
EPS (TTM)
$5.96

Balance Sheet & Liquidity

Debt/Equity
0.21
Quick Ratio
1.66
Current Ratio
1.66
Debt
$493.00M
Total Assets
$3.72B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.20%
Chg in Prom Hold
-
FII / Inst Holding
105.43%
Chg in FII Hold
-0.12%

Financial Snapshot

Enterprise Value
$7.34B
Total Revenue (TTM)
$2.52B
EBITDA
-
Free Cash Flow
$681.82M
Operating Cash Flow
$500.13M
Shares Outstanding
54.20M
Gross Margin
94.11%
Payout Ratio
42.02%

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HLI Houlihan Lokey, Inc. R3KFINANCIAL 135.39 22.72 $7.34B 2.11% - 17.79% 12.99% 17.52%
2 JPM JPMorgan Chase & Co. SPXR3KFINANCIAL 353.51 15.15 $939.70B 1.72% - 17.79% 12.50% 14.83%
3 BRK-B Berkshire Hathaway Inc. SPXFINANCIAL 505.83 12.72 $712.23B 0.00% - 12.12% 4.18% 9.44%
4 V Visa Inc. SPXR3KFINANCIAL 368.64 31.35 $628.20B 0.72% 37.15% 61.19% 14.33% 13.04%
5 MA Mastercard Incorporated SPXR3KFINANCIAL 570.89 31.44 $496.37B 0.62% 60.19% - 12.29% 19.21%
6 BAC Bank of America Corporation SPXR3KFINANCIAL 62.39 14.41 $436.28B 2.04% - 11.20% 3.14% 4.27%
7 BRK-A Berkshire Hathaway Inc. FINANCIAL 757,791.00 12.71 $370.14B 0.00% - 12.12% 7.60% 10.02%
8 HSBC HSBC Holdings plc FINANCIAL 106.26 15.18 $363.70B 3.65% - 13.10% 9.75% 12.72%
9 MS Morgan Stanley SPXR3KFINANCIAL 216.24 17.48 $339.62B 2.26% - 17.97% 3.76% 9.66%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Jun 2021Sep 2021Dec 2021Jun 2022Sep 2022Dec 2022Jun 2023Sep 2023Dec 2023Jun 2024Sep 2024Dec 2024Jun 2025Sep 2025Dec 2025Jun 2026
Revenue ----------242.18M258.94M-220.00M274.99M298.01M-250.35M272.81M333.51M-211.14M275.74M537.88M372.72M537.27M888.80M418.64M489.54M456.50M415.83M466.99M511.13M513.61M574.96M634.43M605.00M659.45M717.07M511.00M
Gross Profit -39.77M38.00M57.05M-46.81M48.43M73.59M-60.77M68.78M72.27M-59.86M79.92M79.82M-69.69M75.22M94.05M-66.22M90.81M189.19M133.45M189.63M320.98M137.29M137.53M136.35M120.11M142.61M150.87M157.21M189.96M199.10M188.00M222.84M230.71M154.00M
Operating Income 40.60M23.78M17.44M43.69M41.50M46.87M53.33M54.48M59.76M40.13M56.17M62.26M60.97M40.13M56.17M62.24M60.55M47.77M45.15M68.02M68.66M42.59M66.88M158.42M107.68M157.32M249.26M77.57M89.37M84.17M73.35M90.28M96.54M94.74M130.67M136.10M90.00M151.34M160.73M78.00M
Net Income 24.77M15.04M9.26M22.66M22.78M39.24M33.36M61.58M38.10M29.68M40.12M43.96M45.35M29.68M40.12M43.96M45.35M42.77M33.11M48.89M59.01M--118.52M85.96M112.88M173.74M70.78M60.73M63.05M61.39M67.03M70.80M88.94M93.55M95.30M98.00M111.78M116.55M78.00M
Diluted EPS 0.410.250.150.350.350.590.500.930.580.450.610.670.690.450.610.670.690.650.500.750.900.690.701.711.251.652.541.030.870.900.900.991.041.301.371.391.421.631.701.15

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue ---872.09M963.36M1.08B1.16B1.53B2.27B1.81B1.91B2.39B2.62B
Gross Profit -177.86M188.71M241.47M277.60M305.99M322.55M521.37M795.29M557.08M571.07M772.31M-
Operating Income 102.85M128.65M126.40M182.00M214.41M219.10M229.60M408.16M612.86M341.74M373.23M502.57M527.02M
Net Income 61.32M79.88M69.74M108.34M172.28M159.11M183.79M312.77M437.75M254.22M280.30M399.71M425.70M
Diluted EPS 1.051.331.101.632.602.422.804.556.413.764.115.826.22

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -1.06B1.23B1.07B1.39B1.42B1.43B1.68B2.43B2.89B2.97B3.17B3.82B4.31B
Total Equity 630.88M713.69M822.70M651.16M726.62M852.81M891.33M984.38M1.38B1.44B1.61B1.84B2.17B2.34B
Cash & Equivalents 68.39M109.42M88.66M166.17M300.31M206.72M285.75M380.37M846.85M833.70M714.44M721.24M971.01M1.19B
Long Term Debt ---76.62M32.56M11.86M31.19M36.70M55.86M-----
Total Liabilities --403.96M417.33M655.25M566.03M534.58M692.62M1.04B1.44B1.36B1.33B1.64B1.86B

Cash Flows (Annual)

Figures in USD.

Metric Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 165.01M196.51M11.72M252.02M250.65M224.27M287.67M579.84M-136.27M328.46M848.61M704.13M
Investing Cash Flow -121.98M-212.50M179.55M-1.65M-218.58M6.46M-33.14M-99.75M--3.00M-70.41M-265.06M2.18M
Financing Cash Flow -3.26M-2.50M-114.21M80.17M-225.31M-236.14M-152.14M-26.82M--240.46M-250.59M-329.07M-492.94M
Capital Expenditure -2.24M-4.67M-9.38M-14.42M-7.72M-6.73M-20.72M-14.15M--50.73M-66.73M-39.70M-22.31M
Free Cash Flow 162.77M191.84M2.34M237.60M242.93M217.55M266.95M565.69M-85.54M261.73M808.91M681.82M
Net Change in Cash ----------107.19M7.47M254.48M213.36M
Share Buybacks --0018.07M69.56M29.64M102.22M304.79M48.66M24.95M52.51M175.43M
Dividends Paid 1.07M2.17M114.30M55.29M52.08M66.93M80.66M92.01M114.81M140.38M148.45M165.22M174.04M

Ratios (Annual)

Figures in %.

Metric Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % ---27.7%28.8%28.2%27.8%34.2%35.0%30.8%29.8%32.3%-
Operating Margin % ---20.9%22.3%20.2%19.8%26.8%27.0%18.9%19.5%21.0%20.1%
Net Margin % ---12.4%17.9%14.7%15.9%20.5%19.3%14.0%14.6%16.7%16.3%
ROE % 8.6%9.7%10.7%14.9%20.2%17.9%18.7%22.6%30.3%15.8%15.3%18.4%18.2%
ROCE % -------------

Shareholding Pattern

Insiders
0.20%
Institutions
105.43%
Public Float
105.65%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.67% 5.24M $684.14M
2 Vanguard Portfolio Management LLC 5.12% 2.77M $362.16M
3 Vanguard Capital Management LLC 4.50% 2.44M $318.51M
4 Kayne Anderson Rudnick Investment Management LLC 4.48% 2.43M $316.80M
5 Earnest Partners LLC 4.01% 2.17M $283.65M
6 Royal Bank of Canada 3.68% 1.99M $260.07M
7 State Street Corporation 3.23% 1.75M $228.39M
8 Morgan Stanley 3.12% 1.69M $220.66M
9 Geode Capital Management, LLC 2.55% 1.38M $180.67M
10 Bank of Montreal /CAN/ 2.40% 1.30M $169.80M

Analyst View

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Latest News

Recent headlines for HLI

Google News ue, 08 Sep 2026

A banker with more than 25 years’ experience joins Houlihan Lokey to lead Latin America. - Stock Titan

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Google News Mon, 07 Sep 2026

Houlihan Lokey Down 21% YTD: Buy the Dip or Stay Cautious? - finance.yahoo.com

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Google News Mon, 07 Sep 2026

Does Houlihan Lokey’s (HLI) European Talent Push Reveal a Deeper Shift in Its Strategy? - simplywall.st

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Google News hu, 30 Jul 2026

$HLI stock is down 14% today. Here's what we see in our data. - Quiver Quantitative

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Google News Sun, 23 Aug 2026

Houlihan Lokey (HLI): Buy, Sell, or Hold Post Q2 Earnings? - StockStory

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Google News hu, 30 Jul 2026

Why Houlihan Lokey (HLI) Stock Is Down Today - finance.yahoo.com

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HLI — Frequently Asked Questions

What is the current share price of Houlihan Lokey, Inc. (HLI)?

As of 2026-09-19 21:16 PDT, Houlihan Lokey, Inc. (HLI) trades at $135.39 on NYSE. Its 52-week range is $122.74 to $205.60.

What is the market capitalisation of HLI?

Houlihan Lokey, Inc. (HLI) has a market capitalisation of $7.34B on NYSE.

What is the P/E ratio of HLI?

HLI trades at a trailing price-to-earnings (P/E) ratio of 22.72. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 4.05.

Does HLI pay a dividend?

Houlihan Lokey, Inc. (HLI) currently offers a dividend yield of 2.11%.

What is the return on equity (ROE) of HLI?

HLI has a return on equity (ROE) of 17.79%.

Is HLI a good stock to buy?

This page provides a data-driven analysis of Houlihan Lokey, Inc. (HLI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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