Houlihan Lokey/$HLI
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Capital at risk
About Houlihan Lokey
Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments world-wide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. The Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.
- Ticker
- $HLI
- Sector
- Finance
- Primary listing
- NYSE
- Employees
- 2,800
- Headquarters
- Los Angeles, United States
- Website
- hl.com
Houlihan Lokey Metrics
BasicAdvanced
$9.2B
21.99
$5.95
0.96
$2.60
2.14%
Price and volume
Market cap
$9.2B
Beta
0.96
52-week high
$211.78
52-week low
$112.83
Average daily volume
800K
Dividend rate
$2.60
Financial strength
Current ratio
1.664
Quick ratio
1.722
Long term debt to equity
0.208
Total debt to equity
0.208
Dividend payout ratio (TTM)
44.87%
Profitability
Gross margin (TTM)
94.11%
Net profit margin (TTM)
16.08%
Operating margin (TTM)
23.12%
Effective tax rate (TTM)
26.55%
Revenue per employee (TTM)
$900,000
Management effectiveness
Return on assets (TTM)
11.17%
Return on equity (TTM)
17.79%
Valuation
Price to earnings (TTM)
21.995
Price to revenue (TTM)
3.458
Price to book
4.06
Price to tangible book (TTM)
13.96
Price to free cash flow (TTM)
17.998
Free cash flow yield (TTM)
5.56%
Free cash flow per share (TTM)
7.277
Dividend yield (TTM)
1.99%
Forward dividend yield
2.14%
Growth
Revenue change (TTM)
1.72%
Earnings per share change (TTM)
0.26%
3-year revenue growth (CAGR)
11.79%
10-year revenue growth (CAGR)
13.26%
3-year earnings per share growth (CAGR)
17.96%
10-year earnings per share growth (CAGR)
17.99%
3-year dividend per share growth (CAGR)
5.32%
10-year dividend per share growth (CAGR)
18.19%
What the Analysts think about Houlihan Lokey
Analyst ratings (Buy, Hold, Sell) for Houlihan Lokey stock.
Analyst projections of the future price of Houlihan Lokey stock.
Bulls say / Bears say
Houlihan Lokey delivered a record fiscal 2026, with revenue up 10% to $2.62 billion and adjusted EPS up 20% to $7.56. Corporate Finance revenue rose 14% for the year, showing the firm can grow even in a difficult market. (Houlihan Lokey)
The weak first quarter may be a timing problem rather than lost demand: management said Corporate Finance backlog, pipeline and new mandates were at record levels, while closed deal numbers were broadly stable. Financial and Valuation Advisory also grew revenue 13%, with fee events up 9%. (Houlihan Lokey, Houlihan Lokey)
Houlihan Lokey has several routes to growth beyond traditional M&A. Management expects restructuring activity to remain elevated, is investing in data tools and CLO benchmarks, and announced the Intrepid Financial Partners acquisition to strengthen its energy business. (Houlihan Lokey, Houlihan Lokey)
The latest quarter showed a sharp earnings setback: revenue fell 16% year on year to $511 million and diluted EPS fell 19% to $1.15. Corporate Finance revenue dropped 24% because the average fee on completed transactions fell significantly. (Houlihan Lokey, Morningstar)
The restructuring offset is not yet delivering growth: Financial Restructuring revenue fell 8% in the first quarter, while completed transactions fell 34% to 23. Management said the decline was mainly transaction timing, but that still leaves near-term revenue exposed if those deals continue to slip. (Houlihan Lokey, Houlihan Lokey)
Recovery timing remains hard to predict. Management cited Middle East instability and disruption in software markets, while adjusted non-compensation costs rose 6% despite lower revenue and the full-year adjusted tax-rate outlook is 26% to 28%, creating further pressure on earnings conversion. (Houlihan Lokey, Morningstar)
Data summarised monthly by Lightyear AI. Last updated on 23 Sept 2026.
Houlihan Lokey Financial Performance
Revenues and expenses
Houlihan Lokey Earnings Performance
Company profitability
Upcoming events
No upcoming events
Houlihan Lokey News
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Funds containing Houlihan Lokey
AllUSDGBPEUR
Fund name | Fund size | $HLI weighting |
|---|---|---|
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.21% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.21% |
iShares MSCI World Small Cap$WSML | $9B | 0.07% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.07% |
iShares MSCI World Small Cap£WLDS | £6.7B | 0.07% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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