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StockVS

NYSE · Capital Markets · USD

Houlihan Lokey, Inc. (HLI) Stock Analysis

Houlihan Lokey, Inc. (HLI) is a Capital Markets stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

HLI

$128.39

−$1.94 (−1.49%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HLI Key Statistics

As of Oct 21, 2026
Trading
Open
$131.18
Previous Close
$130.33
Day's Range
127.54–131.36
52-Week Range
112.83–204.18
Volume
577.75K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.01
Valuation
Market Cap
$8.97B
P/E Ratio
21.54
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
14.94
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.56
EPS (ttm)Profit attributable to each share over the last twelve months.
5.96
Financials (FY)
Revenue (FY)
$2.62B+9.55%
Net Income (FY)
$425.70M+6.50%
Profit marginThe share of revenue left as profit after all costs and taxes.
16.08%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
54.20M
1-Year Return
−32.67%
Dividend and dates
Dividend
$2.80+2.15%
Ex-Dividend Date
September 1, 2026
Earnings Date
October 28, 2026
Avg Volume
858.23K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, HLI closed at $128.39, −32.67% over 1 year.

Houlihan Lokey, Inc. (HLI) has a market capitalization of $8.97B.

In fiscal 2025, HLI reported revenue of $2.62B.

HLI Stock Return by Calendar Year

Houlihan Lokey, Inc. (HLI) 10-year return: what $10,000 became

1 year
$10,000 $6,733
−32.67%
5 years
$10,000 $13,673
+36.73%
10 years
$10,000 $63,336
+533.36%

If you had invested $10,000 in Houlihan Lokey, Inc. (HLI) 10 years ago, at the close on October 21, 2016, it would have been worth $63,336 at the close on October 21, 2026: +533.36% in total, +20.27% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−25.65%
2025+1.64%
2024+47.04%
2023+40.67%
2022−13.88%
2021+57.04%
2020+40.61%
2019+36.33%
2018−17.20%
2017+49.30%
2016 (partial year)+23.99%

As of October 21, 2026.

HLI Revenue and Earnings by Fiscal Year

FY ends March
Fiscal yearRevenueNet incomeNet margin
2025$2.62B$425.70M16.3%
2024$2.39B$399.71M16.7%
2023$1.91B$280.30M14.6%
2022$1.81B$254.22M14.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$2.62B$1.01B$618.54M$425.70M16.3%
2024$2.39B$919.93M$556.32M$399.71M16.7%
2023$1.91B$737.05M$399.10M$280.30M14.6%
2022$1.81B$696.64M$376.81M$254.22M14.0%

Annual figures as reported, in the company's reporting currency. As of March 31, 2026.

HLI Dividend History

$2.37+4.9% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$2.003—
2025$2.374+4.9%
2024$2.264+3.7%
2023$2.184+7.9%
YearDividends per sharePaymentsChange
2026 (partial year)$2.003—
2025$2.374+4.9%
2024$2.264+3.7%
2023$2.184+7.9%
2022$2.024+24.7%
2021$1.624+26.6%
2020$1.284+6.7%
2019$1.204+18.8%
2018$1.014+26.2%
2017$0.804+370.6%
2016$0.171—

Most recent payment: $0.67 per share, ex-dividend September 1, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

HLI Valuation vs Capital Markets Median

Median of 100 stocks
MetricHLICapital Markets medianvs median
P/E21.5415.6638% above
P/S ratio3.562.2756% above
Profit margin16.08%3.34%12.7 pts above

Medians across 100 Capital Markets stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Houlihan Lokey, Inc. (HLI) is capitalised at $8.97B on the latest close. The company sits in the Financial Services sector, in the Capital Markets industry. Headcount on file is 2,800.

Over the past 52 weeks the price has ranged from $112.83 to $204.18. HLI last closed at $128.39 on October 21, 2026. That is −$1.94 (−1.49%) against the previous close. The latest close sits 13.79% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $2.62B. That is +9.55% against the prior fiscal year, when revenue was $2.39B. The same year closed with net income of $425.70M. That is +6.50% against the prior fiscal year. Profit margin runs at 16.08%. That is 12.7 percentage points above the Capital Markets median of 3.34%. Trailing earnings per share are 5.96.

Across the 4 fiscal years on file, revenue moves from $1.81B in 2022 to $2.62B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 21.54. That is 37.55% above the Capital Markets median of 15.66. The forward P/E on file is 14.94. Measured against sales, the shares trade at 3.56 times revenue. On price-to-sales that is 56.49% above the Capital Markets median of 2.27. 100 Capital Markets companies report these metrics, and the medians quoted come from that group.

The reported beta is 1.01. Annualized volatility over the trailing 10 years is 27.21%. The trailing one-year total return is −32.67%. Measured over 10 years, that is +20.27% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 2.15% on the latest price. That is 0.2 percentage points above the Capital Markets median yield of 1.97%. The indicated annual rate is $2.80 a share. The ex-dividend date on file is September 1, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $2.00 a share. The year before, 2025, totalled $2.37 a share.

So far in 2026 the total return is −25.65%. The strongest complete calendar year on file is 2021 at +57.04%; the weakest is 2018 at −17.20%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Houlihan Lokey, Inc. (HLI) operates in the Capital Markets industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Houlihan Lokey, Inc. HLI $8.97B 21.5
Morgan Stanley MS $293.71B 14.8
The Goldman Sachs Group, Inc. GS $263.43B 13.0
The Charles Schwab Corporation SCHW $158.48B 15.7

The Capital Markets industry average P/E ratio is 15.7x. Houlihan Lokey, Inc. trades at a P/E of 21.5.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About 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.

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