$138.43
-1.4%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.
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Strong net margins indicate efficient operations and favorable tax/interest management.
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
HLI โข NYSE
| Houlihan Lokey, Inc. Income Statement | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||
2.6B | 2.4B | 1.9B | 1.8B | 2.3B | 1.5B | 1.2B | 1.1B | 963.4M | 872.1M | 693.8M | 680.9M | 592.5M | 520.3M | |
GROSS PROFIT | ||||||||||||||
(1.8B) | (1.5B) | (1.2B) | (1.1B) | (1.4B) | (971.2M) | (737.8M) | (692.1M) | (636.6M) | (582.2M) | (461.6M) | (475.1M) | (414.9M) | (0.0) | |
855.5M | 919.9M | 737M | 696.6M | 861.3M | 554.3M | 421.6M | 392.3M | 326.7M | 289.8M | 232.2M | 205.8M | 177.5M | 520.3M | |
OPERATING INCOME | ||||||||||||||
(328.5M) | (418.4M) | (374.2M) | (354.9M) | (248.5M) | (146.1M) | (192M) | (173.2M) | (112.3M) | (107.9M) | (105.8M) | (77.1M) | (74.7M) | (423.8M) | |
(45.1M) | (188.5M) | (185.3M) | (142.9M) | (127.8M) | (95.6M) | (93.3M) | (83.2M) | (64.2M) | (57.8M) | (63.2M) | (43.8M) | (38.1M) | (372.6M) | |
527M | 501.5M | 362.9M | 341.7M | 612.9M | 408.2M | 229.6M | 219.1M | 214.4M | 182M | 126.4M | 128.7M | 102.8M | 95.4M | |
PRE-TAX INCOME | ||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4.2M | 0.0 | 0.0 | |
(283.3M) | (229.9M) | (188.9M) | (212M) | (120.6M) | (50.5M) | (98.7M) | (90M) | (48.2M) | (50.1M) | (42.6M) | (33.3M) | (36.6M) | (0.0) | |
35.2M | 29.8M | 27.7M | -17.7M | -8.9M | 1.1M | 6M | 5.2M | 3.4M | -3.5M | -770K | 3.5M | 2.5M | 2.9M | |
562.3M | 531.3M | 390.5M | 324M | 603.9M | 409.2M | 235.6M | 224.3M | 217.8M | 178.5M | 125.6M | 132.1M | 105.3M | 98.3M | |
NET INCOME | ||||||||||||||
(138.1M) | (131.6M) | (110.2M) | (69.8M) | (165.6M) | (96.5M) | (51.9M) | (65.2M) | (45.6M) | (70.1M) | (55.9M) | (52.2M) | (43.9M) | (39.4M) | |
425.7M | 399.7M | 280.3M | 254.2M | 437.8M | 312.8M | 183.8M | 159.1M | 172.3M | 108.3M | 69.7M | 79.9M | 61.3M | 59M |
HLI - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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