HOULIHAN LOKEY, INC.
HLINYSE
$140.01
↓ -2.3%Jul 17 close · end-of-day
Price
1Y↓ -26.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$9.6B
Enterprise Value
$8.4B
P/E
22.5
P/S
3.7
P/B
4.1
EV/EBITDA
14.7
PEG
1.2
FCF Yield
7.1%
Dividend Yield
—
Revenue (TTM)
$2.6B
Net Income (TTM)
$425.7M
Free Cash Flow (TTM)
$681.8M
Gross Margin
—
Operating Margin
20.1%
Net Margin
16.3%
ROE
18.2%
ROIC
34.5%
Debt / Equity
—
Net Cash
$1.2B
Return 1Y
-28.0%
Company profile
Houlihan Lokey, Inc. provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services. The Financial Restructuring segment advises debtors, creditors, and other parties-in-interest related to recapitalization/deleveraging transactions. Financial and Valuation Advisory segment offers valuations of various assets, such as companies, illiquid debt and equity securities, and intellectual property.
- CEO
- Scott L. Beiser
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 2,260
- Headquarters
- California
- Website
- hl.com
Management & directors
- Beiser Scott LCO-CHAIRMAN
- Crain Christopher MGENERAL COUNSEL
- Gold IrwinCO-CHAIRMAN
- Siegert Paul EricCO-CHAIRMAN
Roles derived from SEC Form 4 filings.
Earnings
HLI Q4 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$635.6M↓ -4.6%
Diluted EPS$1.47↓ -16.5%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $2.3B | $1.8B | $1.9B | $2.4B | $2.6B |
| Gross profit | $521.4M | $795.3M | $557.1M | $571.1M | $772.3M | — |
| Operating income | $408.2M | $612.9M | $341.7M | $373.2M | $502.6M | $527.0M |
| Net income | $312.8M | $437.8M | $254.2M | $280.3M | $399.7M | $425.7M |
| Diluted EPS | $4.55 | $6.41 | $3.76 | $4.11 | $5.82 | $6.22 |
| Operating cash flow | $579.8M | $736.6M | $136.3M | $328.5M | $848.6M | $704.1M |
| Free cash flow | $565.7M | $727.9M | $85.5M | $261.7M | $808.9M | $681.8M |
| Gross margin | 34.2% | 35.0% | 30.8% | 29.8% | 32.3% | — |
| Operating margin | 26.8% | 27.0% | 18.9% | 19.5% | 21.0% | 20.1% |
| Net margin | 20.5% | 19.3% | 14.0% | 14.6% | 16.7% | 16.3% |
| Line item | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $513.6M | $575.0M | $634.4M | $666.4M | $605.3M | $659.5M | $717.1M | $635.6M |
| Gross profit | $157.2M | $190.0M | $199.1M | $226.0M | $187.8M | $222.8M | $230.7M | — |
| Operating income | $94.7M | $130.7M | $136.1M | $141.1M | $89.8M | $151.3M | $160.7M | $125.1M |
| Net income | $88.9M | $93.5M | $95.3M | $121.9M | $97.5M | $111.8M | $116.5M | $99.8M |
| Diluted EPS | $1.30 | $1.37 | $1.39 | $1.76 | $1.42 | $1.63 | $1.70 | $1.47 |
| Operating cash flow | -$64.5M | $289.2M | $265.5M | $358.4M | -$131.6M | $325.0M | $217.7M | $293.0M |
| Free cash flow | -$75.4M | $278.7M | $261.7M | $343.9M | -$144.8M | $322.8M | $217.0M | $286.8M |
| Gross margin | 30.6% | 33.0% | 31.4% | 33.9% | 31.0% | 33.8% | 32.2% | — |
| Operating margin | 18.4% | 22.7% | 21.5% | 21.2% | 14.8% | 22.9% | 22.4% | 19.7% |
| Net margin | 17.3% | 16.3% | 15.0% | 18.3% | 16.1% | 17.0% | 16.3% | 15.7% |
Company news
Jul 9, 2026
Jul 8, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-21 | BEISER SCOTT L· CO-CHAIRMAN | Sale | 6,265 | $150.26 | $941,378.90 | filing |
| 2026-05-21 | Walker Cyrus D. | Award | 996 | $0.00 | $0.00 | filing |
| 2026-05-21 | Bassey Ekpedeme M | Award | 797 | $0.00 | $0.00 | filing |
| 2026-05-21 | Zucker Gillian Beth | Award | 996 | $0.00 | $0.00 | filing |
| 2026-05-21 | ZUBER PAUL ANDREW | Award | 797 | $0.00 | $0.00 | filing |
| 2026-05-21 | SCHRIESHEIM ROBERT A | Award | 1,129 | $0.00 | $0.00 | filing |
| 2026-05-21 | Mund Ronald Scott | Award | 476 | $0.00 | $0.00 | filing |
| 2026-05-21 | BEISER SCOTT L· CO-CHAIRMAN | C | 6,265 | $0.00 | $0.00 | filing |
| 2026-04-01 | CRAIN CHRISTOPHER M· GENERAL COUNSEL | Sale | 500 | $143.40 | $71,700.00 | filing |
| 2026-04-01 | CRAIN CHRISTOPHER M· GENERAL COUNSEL | C | 500 | $0.00 | $0.00 | filing |
| 2026-02-06 | SCHRIESHEIM ROBERT A | Sale | 5,000 | $170.86 | $854,300.00 | filing |
| 2026-01-02 | CRAIN CHRISTOPHER M· GENERAL COUNSEL | Sale | 500 | $174.17 | $87,085.00 | filing |
| 2026-01-02 | CRAIN CHRISTOPHER M· GENERAL COUNSEL | C | 500 | $0.00 | $0.00 | filing |
| 2025-12-05 | GOLD IRWIN· CO-CHAIRMAN | C | 5,000 | $0.00 | $0.00 | filing |
| 2025-12-05 | GOLD IRWIN· CO-CHAIRMAN | Gift | 5,000 | $0.00 | $0.00 | filing |
| 2025-11-26 | CRAIN CHRISTOPHER M· GENERAL COUNSEL | Gift | 1,200 | $0.00 | $0.00 | filing |
| 2025-11-26 | CRAIN CHRISTOPHER M· GENERAL COUNSEL | C | 1,200 | $0.00 | $0.00 | filing |
| 2025-11-10 | BEISER SCOTT L· CO-CHAIRMAN | C | 8,000 | $0.00 | $0.00 | filing |
| 2025-11-10 | BEISER SCOTT L· CO-CHAIRMAN | Gift | 8,000 | $0.00 | $0.00 | filing |
| 2025-10-01 | Mund Ronald Scott | Award | 483 | $0.00 | $0.00 | filing |
| 2025-09-16 | GOLD IRWIN· CO-CHAIRMAN | Sale | 6,811 | $202.75 | $1.4M | filing |
| 2025-09-16 | GOLD IRWIN· CO-CHAIRMAN | C | 6,811 | $0.00 | $0.00 | filing |
| 2025-09-02 | CRAIN CHRISTOPHER M· GENERAL COUNSEL | Sale | 500 | $196.22 | $98,110.00 | filing |
| 2025-09-02 | CRAIN CHRISTOPHER M· GENERAL COUNSEL | C | 500 | $0.00 | $0.00 | filing |
| 2025-08-27 | SIEGERT PAUL ERIC· CO-CHAIRMAN | Sale | 40,000 | $199.95 | $8.0M | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.