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Houlihan Lokey Inc

Company price
148.03 USD 0.00(0%)
Last update at 2026-11-10T21:00:00Z
VOLUME
543558
Market Cap
9345.92M
P/E
23.14

Momentum Score

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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.

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Day Price Range
146.33
Low
148.66
High
52 Week Price Range
112.24
Low
208.14
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Houlihan Lokey is a global investment bank specializing in M&A, restructuring, capital markets, valuation and financial advisory for corporations, sponsors and creditors. Growth may be driven by recurring valuation mandates, periodic restructuring and distressed advisory demand, international expansion and cross‑selling, and the firm appears positioned with a strong reputation, diversified fee streams and a conservative balance sheet that may support steady cash generation.

Principal risks are revenue cyclicality tied to deal and restructuring activity, intense competition for mandates and key‑person dependence during prolonged downturns.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
148.03
Dividend Yield
1.81%
Revenue TTM
2523.52M
Revenue Per Share
37.88
Gross Profit TTM
2374.92M
Debt / Equity
0.21
ROE
17.79%
Net Debt
-697.35M
ROCE
18.16%
Diluted EPS TTM
5.78

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Income before tax 562.26M 531.34M 390.54M 339.00M 603.94M
Minority interest 1.52M 0.00M 0.00M 0.00M -0.57M
Net income 425.70M 399.71M 280.30M 269.22M 437.75M
Selling general administrative 201.12M 188.48M 185.32M 142.90M 150.28M
Selling and marketing expenses - - 136.25M - -
Gross profit 2574.88M 919.92M 737.05M 661.57M 861.32M
Reconciled depreciation 42.63M 41.27M 28.54M 58.22M 48.54M
Ebit 562.26M 556.32M 399.10M 341.74M 612.86M
Ebitda 604.90M 597.59M 427.63M 399.96M 661.40M
Depreciation and amortization 42.63M 41.27M 28.54M 58.22M 48.54M
Non operating income net other - - - -17.74M -8.93M
Operating income 618.53M 501.54M 362.86M 341.74M 612.86M
Other operating expenses 1998.98M 1887.87M 1551.54M 1467.71M 1657.09M
Interest expense - - - 2.74M 9.50M
Tax provision 138.09M 131.62M 110.24M 69.78M 165.61M
Interest income - 0.29M 0.15M 0.12M 0.36M
Income tax expense 138.09M 131.62M 110.24M 69.78M 165.61M
Total revenue 2617.52M 2389.42M 1914.40M 1809.45M 2269.96M
Total operating expenses 1956.35M 418.38M 374.19M 319.83M 248.46M
Cost of revenue 42.63M 1469.49M 1177.36M 1147.88M 1408.63M
Total other income expense net -56.27M 29.79M 27.68M -2.74M -8.93M
Net income from continuing ops 424.17M 399.71M 280.30M 269.22M 438.32M
Net income applicable to common shares - 399.71M 280.30M 254.22M 437.75M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total assets 4308.95M 3819.71M 3170.76M 2968.81M 2886.81M
Intangible assets 204.20M 212.67M 197.44M 203.37M 247.33M
Other current assets - 4.57M 0.62M - 0.37M
Total liab 1856.02M 1644.83M 1334.01M 1340.52M 1443.11M
Total stockholder equity 2342.38M 2174.88M 1836.75M 1628.30M 1443.70M
Deferred long term liab - - - 0.54M 0.79M
Other current liab 1076.59M 936.62M 726.03M 765.88M 1014.87M
Common stock 0.07M 0.07M 0.07M 0.07M 0.07M
Capital stock 0.07M 0.07M 0.07M 0.07M 0.07M
Retained earnings 1645.10M 1394.74M 1163.42M 1048.07M 922.22M
Other liab - - - 60.66M 75.66M
Good will 1395.86M 1284.59M 1127.50M 1087.78M 1070.44M
Other assets 78.43M 97.35M -432.68M 105.31M 3546.26M
Cash 1189.45M 971.01M 721.24M 714.44M 833.70M
Cash and equivalents - 971.01M 721.24M 714.44M 833.70M
Total current liabilities 1212.54M 1128.46M 873.34M 919.99M 1169.81M
Current deferred revenue - 48.22M 33.14M 40.70M 28.75M
Net debt -697.35M -532.82M -305.82M -339.57M -636.07M
Short term debt - 49.87M 759.17M 0.00M 197.09M
Short long term debt total 492.11M 438.19M 415.41M 374.87M 197.63M
Other stockholder equity 746.12M 843.35M 739.87M 642.97M 564.76M
Property plant equipment - 512.02M 480.73M 88.34M 52.18M
Total current assets 1859.28M 1557.99M 1153.92M 1029.58M 1082.85M
Long term investments 43.52M 28.30M 30.44M 37.31M 109.14M
Net tangible assets - - - 322.14M 182.99M
Short term investments 170.27M 167.33M 7.57M 37.31M 109.14M
Net receivables 499.55M 415.09M 424.50M 314.77M 248.78M
Long term debt - 14.50M 25.80M 22.10M 0.54M
Accounts payable 135.94M 137.23M 114.17M 113.42M 126.19M
Accumulated other comprehensive income -48.91M -63.28M -66.61M -62.81M -43.35M
Common stock total equity - - - 0.07M 0.07M
Retained earnings total equity - - - 1033.07M 922.22M
Non currrent assets other 706.75M 131.37M 90.68M 83.61M 57.65M
Non current assets total 2449.68M 2261.72M 2016.84M 1939.23M 1803.96M
Capital lease obligations 492.11M 438.19M 415.41M 374.87M 197.09M
Long term debt total - 14.50M 25.80M 22.10M 0.54M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Investments 27.03M -265.06M -70.41M 68.15M 95.76M
Change to liabilities - - - -305.16M 134.51M
Total cashflows from investing activities 2.18M -265.06M -70.41M -3.00M -273.91M
Net borrowings - 0.00M 0.00M -3.03M -0.28M
Total cash from financing activities -492.94M -329.07M -250.59M -240.46M -459.06M
Change to operating activities - - - -215.49M 165.62M
Net income 424.17M 399.71M 280.30M 254.22M 438.32M
Change in cash 218.29M 253.72M 7.04M -119.26M -13.15M
Begin period cash flow 975.58M 721.85M 714.81M 834.07M 847.22M
End period cash flow 1193.87M 975.58M 721.85M 714.81M 834.07M
Total cash from operating activities 704.13M 848.61M 328.46M 136.27M 736.60M
Issuance of capital stock - - - 0.00M 0.00M
Depreciation 42.63M 41.27M 28.54M 58.22M 48.54M
Other cashflows from investing activities - -225.36M -3.68M -20.43M -361.00M
Dividends paid 174.04M 165.22M 148.45M -140.38M -114.81M
Change to account receivables -82.52M -21.93M -23.83M -37.74M 14.13M
Sale purchase of stock -175.43M -52.51M -24.95M -48.66M -304.79M
Other cashflows from financing activities -143.48M -111.34M -77.18M -48.39M -39.18M
Change to netincome - - - 165.73M 35.86M
Capital expenditures 22.31M 39.70M 66.73M 50.73M 8.68M
Change receivables - - - -37.74M 14.13M
Cash flows other operating - - - 1.00M 65.25M
Cash and cash equivalents changes - - - -107.19M 3.63M
Change in working capital -2.07M 196.07M -196.37M -368.51M 182.38M
Stock based compensation 201.30M 168.44M 166.59M 156.94M 91.88M
Other non cash items 63.21M 44.07M 28.92M 38.85M 46.56M
Free cash flow 681.82M 808.91M 261.73M 85.54M 727.92M

Peer Comparison*

Sector: Financial Services Industry: Capital Markets

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
HLI
Houlihan Lokey Inc
-
-%
148.03 23.14 15.46 3.70 4.14 3.60 14.74
GS
Goldman Sachs Group Inc
-
-%
910.19 17.21 16.00 4.47 2.26 11.15 -
SCHW
Charles Schwab Corp
0.30
0.32%
93.03 19.53 13.89 7.16 4.22 8.80 -
MS
Morgan Stanley
-0.07
0.04%
187.56 16.50 13.76 2.80 1.65 - -
IBKR
Interactive Brokers Group Inc
0.14
0.18%
77.71 35.95 27.93 22.14 6.96 3.01 3.37

Profile*

Houlihan Lokey Inc

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.

10250 Constellation Boulevard, Los Angeles, CA, United States, 90067

310 553 8871

https://hl.com

2800

Name Title Year Born
Mr. Irwin N. Gold Exec. Chairman 1957
Mr. Scott Lee Beiser CEO & Director 1960
Mr. David A. Preiser Co-Pres, Sr. MD of Financial Restructuring Group & Director 1958
Mr. Scott Joseph Adelson Co-Pres, Sr. MD of Corp. Fin. Group & Director 1961
Mr. J. Lindsey Alley MD & CFO 1967
Mr. Michael Boone Director of Financial Restructuring Group NA
Mr. Matthew Mazzucchi Financial Restructuring MD and Co-Head of Power & Utilities Group NA
Mr. Arik Rashkes Managing Director of Financial Institutions Group NA
Mr. Jason Abt Managing Director of Investment Banking NA
Mr. Faiz Vahidy VP NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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