Houlihan Lokey, Inc.

Houlihan Lokey, Inc.

HLIยทNYSE

$138.43

+1.3%
Financial ServicesFinancial - Capital Markets

Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory. The Corporate Finance segment offers general financial advisory services; and advises public and private institutions on buy-side and sell-side transactions, leveraged loans, private mezzanine debt, high-yield debt, initial public offerings, follow-ons, convertibles, equity private placements, private equity, and liability management transactions, as well as advise financial sponsors on various transactions. The Financial Restructuring segment advises debtors, creditors, and other parties-in-interest related to recapitalization/deleveraging transactions. It also provides a range of advisory services, including structuring, negotiation, and confirmation of plans of reorganization; structuring and analysis of exchange offers; corporate viability assessment; dispute resolution and expert testimony; and procuring debtor-in-possession financing. The Financial and Valuation Advisory segment offers valuations of various assets, such as companies, illiquid debt and equity securities, and intellectual property. It also provides fairness opinions in connection with M&A and other transactions, and solvency opinions in connection with corporate spin-offs and dividend recapitalizations; and other types of financial opinions. In addition, this segment offers dispute resolution services. It serves corporations, institutions, and governments. The company was incorporated in 1972 and is headquartered in Los Angeles, California with offices in the United States, Europe, the Middle East, and the Asia-Pacific region.

At a Glance

Live Snapshot
Market Cap$9.56B
EPS6.4000
P/E Ratio21.63
Earnings Date08/04/2026
3Y+45.0%
5Y+78.0%
10Y+212.0%
3Y+37.0%
5Y+78.0%
10Y+183.0%
3Y+52.0%
5Y+77.0%
10Y+236.0%
hli

Houlihan Lokey, Inc. Funding & Solvency Profile

HLI ยท NYSE
Cash & Cash Equivalents1.19B
Net Receivables228.31M
Inventory0.00
Other Current Assets0.00
Total Current Assets2 B
Property, Plant & Equipment1.04B
Goodwill & Intangible Assets1.60B
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets1 B
Total Assets
4.31B

Financial Health Analysis

Debt-to-Equity Ratio

0.76x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

37% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Houlihan Lokey, Inc. Balance Sheet

HLI โ€ข NYSE

Houlihan Lokey, Inc. Balance SheetMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
ASSETS
CURRENT ASSETS
1.2B
971M
721.2M
714.4M
833.7M
846.9M
380.4M
285.7M
206.7M
300.3M
166.2M
88.7M
109.4M
68.4M
170.3M
167.3M
7.6M
6.3M
0.0
0.0
105.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4B
1.1B
728.8M
720.7M
833.7M
846.9M
485.7M
285.7M
206.7M
300.3M
166.2M
88.7M
109.4M
68.4M
228.3M
415.1M
424.5M
314.8M
248.8M
226.5M
125M
151.4M
131.9M
129.3M
144M
428M
260.4M
0.0
228.3M
257.3M
199.6M
182M
144M
108.4M
80.9M
69.5M
77.3M
60.7M
58.1M
57.5M
50.6M
0.0
0.0
157.8M
224.9M
132.7M
104.8M
118.1M
44.1M
81.9M
54.6M
68.6M
85.9M
370.5M
209.8M
0.0
0.0
4.6M
619K
373K
373K
373K
373K
369K
93.5M
192.4M
0.0
0.0
0.0
0.0
1.6B
1.6B
1.2B
1B
1.1B
1.1B
611.1M
437.5M
432.1M
622M
310.2M
516.6M
369.8M
68.4M
NON-CURRENT ASSETS
1B
512M
480.7M
422.2M
224.1M
198.4M
177.6M
31M
32.1M
30.4M
21.7M
16.5M
16M
18M
1.4B
1.3B
1.1B
1.1B
1.1B
671.1M
618.5M
594.8M
528.9M
519.5M
518.7M
455.6M
445.5M
429.3M
204.2M
212.7M
197.4M
203.4M
247.3M
195.2M
194.4M
199.8M
194.4M
195.9M
198.7M
197.3M
197.2M
198M
1.6B
1.5B
1.3B
1.3B
1.3B
866.2M
812.8M
794.6M
723.3M
710.8M
717.4M
652.8M
642.7M
627.3M
0.0
28.3M
30.4M
31.1M
109.1M
208.6M
30.1M
125.3M
209.3M
0.0
0.0
12.7M
14.3M
0.0
0.0
92.8M
90.1M
104.9M
95.3M
28.3M
6.5M
5.2M
22.2M
31.2M
37.3M
0.0
0.0
0.0
0.0
131.4M
90.7M
83.6M
57.6M
50.7M
38.9M
34.7M
22M
17.9M
21.6M
31.3M
18.5M
210M
2.6B
2.3B
2B
1.9B
1.8B
1.4B
1.1B
988.4M
986.8M
763.7M
760.7M
713.2M
691.4M
855.3M
78.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.3B
3.8B
3.2B
3B
2.9B
2.4B
1.7B
1.4B
1.4B
1.4B
1.1B
1.2B
1.1B
923.7M
LIABILITIES
CURRENT LIABILITIES
0.0
143.6M
114.2M
113.4M
187.5M
135.8M
53.9M
62.8M
50.7M
46.6M
34.4M
47M
37.6M
0.0
0.0
137.2M
114.2M
113.4M
126.2M
67.5M
53.9M
55M
40.8M
41.7M
34.4M
37.2M
35.6M
0.0
0.0
6.4M
0.0
0.0
61.3M
68.3M
0.0
7.8M
10M
4.9M
0.0
9.8M
2.1M
0.0
0.0
936.6M
726M
765.9M
953.6M
648.4M
420.4M
404.7M
377.9M
336.5M
254.1M
301.3M
247.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
989K
0.0
0.0
0.0
0.0
0.0
0.0
6.4M
0.0
0.0
61.3M
68.3M
0.0
7.8M
10M
4.9M
0.0
9.8M
2.1M
0.0
0.0
48.2M
33.1M
40.7M
28.8M
27.9M
26.8M
27.8M
3.6M
3.7M
5.5M
3.1M
5.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-989K
0.0
0.0
0.0
0.0
0.0
0.0
1.1B
873.3M
920M
1.2B
812.1M
501M
495.3M
432.3M
386.8M
294M
351.3M
290.8M
195.8M
NON-CURRENT LIABILITIES
0.0
0.0
0.0
0.0
539K
818K
4.7M
8.7M
11.9M
32.6M
76.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
26.8M
27.8M
3.6M
3.7M
5.5M
3.1M
5.4M
0.0
0.0
8.8M
7.5M
544K
789K
52K
664K
8.1M
22.2M
31.2M
37.3M
41.5M
48.6M
0.0
1.9B
69.4M
37.8M
60.1M
74.9M
55M
5.2M
-5.3M
96.1M
201M
3.9M
8.1M
1.5M
0.0
1.9B
516.4M
460.7M
435.5M
273.3M
230.4M
191.6M
39.2M
133.8M
268.5M
123.3M
52.7M
55.5M
0.0
0.0
438.2M
415.4M
374.9M
197.1M
174.5M
154.2M
125.3M
0.0
0.0
0.0
0.0
0.0
0.0
1.9B
1.6B
1.3B
1.4B
1.4B
1B
692.6M
534.6M
566M
655.3M
417.3M
404M
346.3M
195.8M
SHAREHOLDERS' EQUITY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-93.5M
-193.6M
0.0
0.0
0.0
0.0
69K
70K
69K
69K
68K
68K
65K
65K
68K
73K
65K
59K
59K
59K
0.0
843.4M
739.9M
643M
564.8M
803.6M
650M
645.1M
753.1M
854.8M
637.3M
670.2M
636.6M
0.0
1.6B
1.4B
1.2B
1B
922.2M
600.1M
377.5M
276.5M
207.1M
87.4M
28.6M
170.9M
91.9M
32.8M
-48.9M
-63.3M
-66.6M
-62.8M
-43.3M
-20.2M
-43.1M
-30.3M
-14M
-21.9M
-14.6M
-11.3M
-8.9M
-15.8M
746.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-124K
-247K
-7.1M
-7.8M
612.1M
2.3B
2.2B
1.8B
1.6B
1.4B
1.4B
984.4M
891.3M
852.8M
726.6M
651.2M
822.7M
711.9M
629.2M
2.5B
2.2B
1.8B
1.6B
1.4B
1.4B
984.4M
891.3M
852.8M
730.5M
653.6M
825.9M
714.9M
630.9M
110.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.8M
2.4M
3.2M
3M
1.6M
SUMMARY
4.3B
3.8B
3.2B
3B
2.9B
2.4B
1.7B
1.4B
1.4B
1.4B
1.1B
1.2B
1.1B
826.7M
170.3M
195.6M
38M
37.3M
109.1M
208.6M
135.4M
125.3M
209.3M
0.0
0.0
12.7M
14.3M
0.0
0.0
438.2M
415.4M
374.9M
197.6M
175.3M
158.9M
8.7M
12.9M
32.6M
76.6M
0.0
0.0
0.0
-1.2B
-532.8M
-305.8M
-339.6M
-636.1M
-671.5M
-221.5M
-277.1M
-193.9M
-267.8M
-89.5M
-88.7M
-109.4M
-68.4M
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735
70,068,735

SEC Filings

HLI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-K

10-K 2026 FY

FY

May 22, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 06, 2026
2026
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 03, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 29, 2026
January 28, 2026
2026
8-K

8-K 2026

N/A

January 29, 2026
January 24, 2026
2026
8-K

8-K 2025

N/A

December 30, 2025
December 30, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 31, 2025
October 30, 2025
2025
8-K

8-K 2025

N/A

October 06, 2025
September 30, 2025
2025
Showing 1 to 10 of 159 filings