MARKETS / NYSE / HLI
NYSE · INVESTMENT ADVICE · LARGE CAP

Houlihan Lokey, Inc. HLI

13 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$2.6B
▲ 9.5% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
41%
ROE · FY25
Net margin · FY25
16.3%
Dividend coverage
5.4×
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Result
USD 2.6B
Revenue, FY2025 · full 13-year series below
Revenue Net income
0.81.62.43.22.60.420132016201920222025
0.81.62.43.22.60.42016201920222025

16 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS Dividend
0.40.81.220132016201920222025
0.40.81.22016201920222025

Earnings covered the dividend 5.4 times — the rest stayed in the company.

Profitability
Return on equity, FY2025
ROE
510152020132016201920222025
51015202016201920222025
Operating margin20.1%
Net margin16.3%
Return on assets10.5%

Returned to shareholders
USD 349.5M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 174.0M
Net buybacksUSD 175.4M
Share of profit82.1%
Consecutive raises

USD 174.0M in dividends and USD 175.4M in buybacks — 82% of the year's profit went back to shareholders.

Growth
+11.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+13.1%
+11.4%
Net income
+18.7%
+6.4%
+19.8%
EPS, diluted
+18.3%
+6.5%
+18.9%
Returned to shareholders
+22.7%
+30.6%
+11.8%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 4.3B
total assets, end of FY2025
Total assetsUSD 4.3B
CashUSD 1.2B

History
13 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Revenue $B
2.6
2.4
1.9
1.8
2.3
1.5
1.2
1.1
1.0
0.9
·
·
·
Operating income $B
0.5
0.5
0.4
0.3
0.6
0.4
0.2
0.2
0.2
0.2
0.1
0.1
0.1
EBITDA $B
0.6
0.5
0.4
0.4
0.7
0.4
0.2
0.2
0.2
0.2
0.1
0.1
0.1
Income tax $B
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.0
0.1
0.1
0.1
0.0
Net income $B
0.4
0.4
0.3
0.3
0.4
0.3
0.2
0.2
0.2
0.1
0.1
0.1
0.1
EPS, diluted $
·
·
·
·
·
·
·
·
·
·
·
·
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
0.30
0.30
·
·
Payout %
41
41
53
55
26
29
44
42
30
51
164
3
2
ROE %
·
·
·
·
·
·
·
·
·
16.6
9.5
9.7
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
25 of 25
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed