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    H

    Houlihan Lokey Inc (HLI)

    Official site

    FINANCIAL SERVICES • CAPITAL MARKETS • NYSE

    $128.54
    +3.76 (+3.01%)

    Market Cap: $9.05B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    87%(34/39)
    Avg Surprise
    +14.53%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.64
    Range$1.46 - $1.73
    10 analysts
    EPS RevisionsNo revisions (7d)
    0
    9
    30d
    EPS Estimate DriftChange to current
    90d ago$1.94-15.3%
    60d ago$1.65-0.4%
    30d ago$1.65-0.4%
    7d ago$1.64+0.1%
    Current$1.64
    Revenue Consensus
    $628M
    Range$591M - $655M
    7 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.91
    Range$1.55 - $2.15
    9 analysts
    EPS RevisionsNo revisions (7d)
    0
    9
    30d
    EPS Estimate DriftChange to current
    90d ago$2.15-11.2%
    60d ago$1.96-2.5%
    30d ago$1.96-2.7%
    7d ago$1.96-2.7%
    Current$1.91
    Revenue Consensus
    $732M
    Range$640M - $786M
    7 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Mar 27EST
    		-$1.79---
    Dec 26EST
    		-$1.91---
    Sep 26EST
    		-$1.64---
    Jun 26
    Reported Jul 29
    		$1.35$1.64-17.68%Miss-36.9%
    Mar 26
    Reported May 6
    		$1.63$1.79-8.94%Miss-16.8%
    Dec 25
    Reported Jan 28
    		$1.94$1.87+3.74%Beat+18.3%
    Sep 25
    Reported Oct 30
    		$1.84$1.68+9.52%Beat+26.0%
    Jun 25
    Reported Jul 29
    		$2.14$1.68+27.38%Beat+75.4%
    Mar 25
    Reported May 7
    		$1.96$1.62+20.99%Beat+54.3%
    Dec 24
    Reported Jan 28
    		$1.64$1.52+7.89%Beat+34.4%
    Sep 24
    Reported Oct 30
    		$1.46$1.31+11.45%Beat+31.5%
    Jun 24
    Reported Jul 30
    		$1.22$1.20+1.67%Beat+37.1%
    Mar 24
    Reported May 8
    		$1.27$1.23+3.25%Beat+14.4%
    Dec 23
    Reported Feb 1
    		$1.22$1.14+7.02%Beat+7.0%
    Sep 23
    Reported Oct 26
    		$1.11$1.03+7.77%Beat-6.7%
    Jun 23
    Reported Jul 27
    		$0.89$1.02-12.75%Miss-19.1%
    Mar 23
    Reported May 9
    		$1.11$0.93+19.35%Beat-14.6%
    Dec 22
    Reported Jan 31
    		$1.14$1.12+1.79%Beat-60.7%
    Sep 22
    Reported Oct 27
    		$1.19$1.03+15.53%Beat-30.4%
    Jun 22
    Reported Jul 28
    		$1.10$0.94+17.02%Beat-7.6%
    Mar 22
    Reported May 12
    		$1.30$1.27+2.36%Beat-13.9%
    Dec 21
    Reported Feb 8
    		$2.90$2.17+33.64%Beat+63.8%
    Sep 21
    Reported Oct 28
    		$1.71$1.17+46.15%Beat+128.0%
    Jun 21
    Reported Aug 3
    		$1.19$1.11+7.21%Beat+112.5%
    Mar 21
    Reported May 11
    		$1.51$1.14+32.46%Beat+57.3%
    Dec 20
    Reported Jan 28
    		$1.77$0.98+80.61%Beat+101.1%
    Sep 20
    Reported Oct 29
    		$0.75$0.55+36.36%Beat+7.1%
    Jun 20
    Reported Jul 28
    		$0.56$0.57-1.75%Miss-16.4%
    Mar 20
    Reported May 12
    		$0.96$0.77+24.68%Beat+11.6%
    Dec 19
    Reported Feb 3
    		$0.88$0.77+14.29%Beat+14.3%
    Sep 19
    Reported Oct 24
    		$0.70$0.70+0.00%Beat+0.0%
    Jun 19
    Reported Jul 25
    		$0.67$0.55+21.82%Beat+21.8%
    Mar 19
    Reported May 8
    		$0.86$0.69+24.64%Beat+32.3%
    Dec 18
    Reported Jan 29
    		$0.77$0.70+10.00%Beat+11.6%
    Sep 18
    Reported Oct 25
    		$0.70$0.65+7.69%Beat+25.0%
    Jun 18
    Reported Jul 26
    		$0.55$0.60-8.33%Miss+10.0%
    Mar 18
    Reported May 9
    		$0.65$0.58+12.07%Beat+10.2%
    Dec 17
    Reported Jan 29
    		$0.69$0.61+13.11%Beat+21.1%
    Sep 17
    Reported Oct 24
    		$0.56$0.42+33.33%Beat-
    Jun 17
    Reported Jul 25
    		$0.50$0.42+19.05%Beat-
    Mar 17
    Reported May 9
    		$0.59$0.46+28.26%Beat-
    Dec 16
    Reported Feb 1
    		$0.57$0.50+14.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.18%
    Forward Annual Dividend$2.80
    Payout Ratio34.60%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+5.47%
    5Y CAGR+13.11%
    HLI dividend history and ex-dividend datesRun HLI in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio19.01EV/EBITDA13.34x
    Price/FCF17.64xFCF Yield5.67%
    Profitability
    Profit Margin16.10%Operating Margin18.40%
    ROE17.80%ROICN/A
    Financial Health
    Debt/Equity0.00xInterest CoverageN/A
    Current Ratio1.44xQuick Ratio1.44x
    Trading Statistics
    Beta1.01Avg Volume854.83K
    52-Week High$200.6752-Week Low$112.24

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$127.53
    SMA 20$128.38
    SMA 50$129.75
    SMA 200$146.36
    EMA 10$127.98
    EMA 20$128.69
    EMA 50$130.69
    EMA 200$144.20

    MACD

    Line: -1.00Signal: -1.10Hist: 0.10

    ADX

    ADX: 16.4+DI: 15.8-DI: 26.0

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down76.0
    PSAR$132.43

    Bollinger Bands

    Upper Band$132.62
    Lower Band$124.15
    %B Position660%(Upper)
    Band Width0.52

    RSI (14-Day)

    Neutral
    48.8

    Momentum Oscillators

    Stoch %K60.8
    Stoch %D68.7
    Williams %R-29.4
    ROC (10d)0.1%
    Momentum0.16
    CCI (20d)-47.0
    MFI (14d)55.0

    Volatility Measures

    ATR (14d)$4.29(3.3%)
    StdDev (20d)2.12
    Hist Vol28.8%(Moderate)

    Volume Flow

    VWAP$127.20
    OBV-457.4K
    AD Line-174.7M
    CMF (20d)-0.038

    Volume Metrics

    Avg Vol (20d)858.8K
    Vol Ratio0.6x
    VWMA (20d)$128.45

    Pivot Points

    R3$136.12
    R2$133.16
    R1$128.97
    Pivot Point$126.01
    S1$121.82
    S2$118.86
    S3$114.67

    Advanced Oscillators

    TSI-8.11
    Ultimate Osc55.5
    KST-30.58

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$511.00M$635.64M$717.07M$659.45M$605.00M$666.42M$634.43M$574.96M$513.61M$520.46M$511.13M$466.99M
    Cost of Revenue$314.00M$390.92M$441.00M$405.56M$372.00M$409.85M$390.17M$353.60M$315.87M$312.33M$314.35M$287.20M
    Gross Profit$197.00M$244.72M$276.07M$253.89M$233.00M$256.57M$244.25M$221.36M$197.74M$208.13M$196.78M$179.79M
    Operating Expenses$119.00M$119.58M$115.34M$102.55M$143.00M$117.37M$108.15M$90.69M$102.17M$95.06M$100.25M$89.51M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$57.00M$50.82M$51.22M$41.69M$50.00M$45.21M$45.59M$47.46M$41.27M$41.51M$47.57M$39.92M
    Operating Income$78.00M$125.15M$160.73M$151.34M$90.00M$141.06M$136.10M$130.67M$94.74M$113.07M$96.54M$90.28M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Income Before Tax$86.00M$134.51M$169.65M$160.05M$98.00M$150.25M$145.12M$136.09M$99.87M$118.04M$102.58M$93.57M
    Income Tax Expense$8.00M$36.20M$53.10M$48.27M$0$28.34M$49.82M$42.54M$10.93M$36.96M$31.77M$26.54M
    Net Income$78.00M$98.31M$116.55M$111.78M$98.00M$121.92M$95.30M$93.55M$88.94M$81.08M$70.80M$67.03M
    EBITDA$94.00M$142.56M$177.94M$170.36M$114.00M$165.66M$154.68M$143.53M$108.73M$126.30M$109.23M$100.66M
    EBIT$86.00M$134.51M$169.65M$160.05M$98.00M$150.25M$145.12M$136.09M$99.87M$118.04M$102.58M$93.57M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $0
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    0
    New Awards (TTM)
    0
    Avg Remaining Term
    N/A

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Technical Reactions to HLI Trends in Macro Strategies

    This article provides a technical analysis of Houlihan Lokey Inc. (NYSE: HLI), highlighting a near-term neutral sentiment suggesting a pause in mid and long-term weakness. It identifies an exceptional 33.1:1 risk-reward...

    Stock Traders Daily•10/12/26•Neutral

    Net income before discontinued operations of Houlihan Lokey, Inc. Class A – HAN:2HL

    This article provides financial data for Houlihan Lokey, Inc. Class A (HAN:2HL) specifically focusing on its net income before discontinued operations. It indicates the current market status and the source...

    TradingView•10/11/26•Neutral

    Price to sales forward of Houlihan Lokey, Inc. Class A – BX:HLI

    This article displays the "Price to sales forward" value for Houlihan Lokey, Inc. Class A (BX:HLI) on TradingView. It shows the period, value, and change metrics for this financial indicator...

    TradingView•10/6/26•Neutral

    CapEx per share of Houlihan Lokey, Inc. Class A – HAN:2HL

    This article provides financial data on the CapEx per share for Houlihan Lokey, Inc. Class A (HAN:2HL) listed on the Hannover Stock Exchange. It includes a table showing the period, value, change...

    TradingView•9/29/26•Neutral

    Houlihan Lokey Names Prabha Sipi Bhandari Chief Legal Officer

    Houlihan Lokey (NYSE: HLI) has appointed Prabha Sipi Bhandari as its new Chief Legal Officer, Corporate Secretary, and executive officer. Bhandari, formerly of Paychex...

    citybiz•9/22/26•Bullish

    HLI Valuation and Fair Value

    P/E
    19.0x
    Forward P/E
    15.0x
    EV/EBITDA
    13.3x
    P/FCF
    17.6x
    PEG
    6.5x
    P/B
    3.8x
    See GNG's fair value

    HLI Profitability: Margins, ROIC and FCF

    Gross margin
    38.5%
    Operating margin
    18.4%
    Net margin
    16.1%
    ROE
    17.8%
    FCF margin
    19.2%
    FCF yield
    5.7%

    HLI Competitors

    CompanyTicker
    Hut 8 Corp. Common StockHUT
    Zions BancorporationZION
    Old Republic International CorpORI
    Jackson Financial IncJXN
    Old National BancorpONB
    Voya Financial IncVOYA
    Assurant, Inc. 5.25% SubordinatAIZN
    Primerica IncPRI

    Sector: Financial Services

    HLI Analyst Ratings

    Consensus
    Buy
    Analysts
    11
    Strong Buy
    2
    Buy
    3
    Hold
    6
    Sell
    0
    Strong Sell
    0

    HLI Bull Case vs Bear Case

    Bull case

    • HLI converts 19.2% of revenue into free cash flow.
    • HLI beat EPS estimates in 75.0% of its last 8 reported quarters.

    Bear case

    • HLI's quarterly revenue changed -15.5% year over year.

    HLI Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    6.8%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.64
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 9 down

    HLI Dividend

    Forward yield
    2.2%
    Payout ratio
    34.6%
    3Y DPS growth
    5.5%
    5Y DPS growth
    13.1%
    Pay months
    Mar, Jun, Sep, Dec
    HLI dividend history

    Frequently Asked Questions About HLI

    What is HLI's current dividend yield?

    Houlihan Lokey Inc (HLI) has a forward dividend yield of 2.18%.

    Does HLI pay dividends?

    Yes, Houlihan Lokey Inc pays dividends with a forward dividend yield of 2.18%.

    What is HLI's P/E ratio?

    Houlihan Lokey Inc has a price-to-earnings (P/E) ratio of 19.01.

    What is HLI's market cap?

    Houlihan Lokey Inc (HLI) has a market capitalization of $9.05B with a current stock price of $128.54.

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