HLI — HOULIHAN LOKEY, INC.

NYSE · Financials · Capital Markets · CIK 1302215 ·
Last close
$140.23
Market Cap
$7.61B
52W High
$160.49
52W Low
$130.72
ADV30
835,129
Next earnings
2026-07-29
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.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026
Dec 2025 717,072,000 276,071,000 178,300,000 116,548,000 3,936,755,000 1,056,482,000 1,642,988,000
Sep 2025 659,452,000 253,890,000 168,981,000 111,781,000 3,793,365,000 923,576,000 1,546,473,000
Jun 2025 605,349,000 233,060,000 128,243,000 97,533,000 3,517,803,000 793,823,000 1,339,987,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$704,131,000
Investing CF
$2,176,000
Financing CF
$-492,944,000
CapEx
$-22,312,000
Dividends Paid
$-174,037,000
Buybacks
$-175,428,000
EPS Diluted TTM
$6.22
As of
2026-06-07

Balance + Analyst (yfinance extras)

Retained Earnings
$1,645,100,000
Inventory
Receivables
$499,550,000
ST Investments
$126,749,000
EBIT TTM
$618,535,000
Pretax Income TTM
$562,265,000
Interest Exp TTM
Analysts
8

Yahoo Snapshot (yfinance, live)

Total Revenue
$2,617,516,032
EBITDA
Free Cash Flow
Enterprise Value
$8,930,282,496
Total Cash
$1,189,453,952
Total Debt
$492,108,000
Shares Out
54,276,657
Trailing EPS
$6.22
Book Value
$33.71
ROE
18.3%
ROA
10.4%
Div Yield
2.03%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Mar 2026 2,617,516,000 618,535,000 425,697,000 4,308,955,000 1,856,024,000 704,131,000
Mar 2025 2,389,416,000 556,321,000 399,711,000 3,819,708,000 1,644,831,000 848,609,000
Mar 2024 1,914,404,000 399,095,000 280,301,000 3,170,759,000 1,334,009,000 328,458,000
Mar 2023 1,809,447,000 376,808,000 254,223,000 2,968,814,000 1,355,517,000 136,273,000

TTM Snapshot

Revenues TTM
$2,490,855,000
NetIncome TTM
$402,891,000
OpCashFlow TTM
$0
Assets (Latest)
$3,819,708,000
Forward EPS
$9.42

Max Pain — expiry 2026-09-18 (volume-derived — Yahoo OI feed degraded)

max pain strike: $130.00 · spot: $140.23 · call volume: 215 · put volume: 21
Expected Move to 2026-09-18: ±$17.50 (12.48%) — implied range $122.73$157.73 · ATM straddle on $140.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
CEF Sprott Physical Gold & Silver Trust $7.43B $40.16
MAAS Maase Inc. $7.29B $16.75
XP XP Inc. $6.93B $16.69
TPG TPG Inc. $6.59B $42.83
MORN Morningstar, Inc. $6.56B $172.61

News headlines (Yahoo Finance, 1h cache)

Acadian Asset Management (AAMI) Reports Next Week: Wall Street Expects Earnings Growth
2026-07-23 14:00 · Yahoo
Morgan Stanley, Diligent Capital lead retail M&A advisers in H1 2026
2026-07-23 09:03 · Yahoo
Morgan Stanley leads TMT M&A advisory by deal value in H1 2026
2026-07-23 09:02 · Yahoo
Analysts Estimate Houlihan Lokey (HLI) to Report a Decline in Earnings: What to Look Out for
2026-07-22 14:00 · Yahoo
Houlihan Lokey Bolsters Equity Capital Solutions Capabilities With Senior Hire
2026-07-09 13:30 · Yahoo
Houlihan Lokey Estimates Cut by Morgan Stanley as Sponsor M&A Recovery Lags
2026-07-09 12:34 · Yahoo
Houlihan Lokey Announces Release Date for First Quarter Results for Fiscal Year 2027
2026-07-08 20:15 · Yahoo
Valeon Partners Launches Merchant Bank for the Middle Market
2026-07-08 13:00 · Yahoo
Ensis Partners Appoints Konstantin Malyshkin as Principal
2026-07-07 13:00 · Yahoo
Houlihan Lokey (HLI) Stock Trades Up, Here Is Why
2026-07-02 01:37 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.