Houlihan Lokey, Inc.

  • Earnings Score
  • Moat Score
  • Market Cap $11.22B
  • PE 31
  • Debt -
  • Cash $800.79M
  • EV -
  • FCF $678.09M

Earnings

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Sales & Net Margins

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Earnings$358.87M
EBIT$499.12M
ROE17%
ROA14%
FCF$678.09M
Equity$2.08B
Growth Stability82%
PE31.26
PEG6.52
PB5.39
P/FCF16.54
P/S5
Price/Cash0.07
Net Margins16%
Gross Margins31%
Op. Margins22%
Earnings CAGR18%
Sales Growth YoY24%
Sales Growth QoQ10%
Sales CAGR13%
FCF CAGR23%
Equity CAGR13%
Earnings Stability0.72
Earnings Growth YoY35%
Earnings Growth QoQ2%
Earnings CAGR 5Y5%
Sales CAGR 5Y12%
FCF CAGR 5Y-4%
Equity CAGR 5Y12%
Earnings CAGR 3Y-2%
Sales CAGR 3Y-2%
FCF CAGR 3Y-0%
Equity CAGR 3Y15%
Market Cap$11.22B
Revenue$2.24B
Dividend Yield1%
Payout Ratio45%
Assets$3.48B
Cash$800.79M
Shares Outstanding65.52M
Earnings Score91%
Moat Score95%
Gross Profit$703.75M
Shares Growth 3y1%
Equity Growth QoQ6%
Equity Growth YoY18%

Assets & ROA

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Stockholders Equity & ROE

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Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.

SEC Filings

Direct access to Houlihan Lokey, Inc. (HLI) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-Q Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-K Mar 31
  • 2023
    • 10-Q Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-K Mar 31
  • 2022
    • 10-Q Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-K Mar 31

Sector Comparison

How does Houlihan Lokey, Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Houlihan Lokey, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 18%
Stability 72%
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Houlihan Lokey, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Houlihan Lokey, Inc..

= $33B
012345678910TV
fcf$678M$831M$1B$1.2B$1.5B$1.9B$2.3B$2.8B$3.5B$4.2B$5.2B$52B
DCF$756M$842M$938M$1B$1.2B$1.3B$1.4B$1.6B$1.8B$2B$20B
Value$33B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years03/201503/201603/201703/201803/201903/202003/202103/202203/202303/2024TTM
Net Margins--12%18%15%16%21%19%14%15%16%
ROA-12%13%15%16%14%17%21%12%12%14%
ROE-11%15%20%18%19%23%30%16%15%17%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years03/201503/201603/201703/201803/201903/202003/202103/202203/202303/2024TTM
Debt over FCF-18.530.150.050.140.140.1----
Debt over Equity-0.120.040.010.030.040.04----
Growth Stability---100%100%100%100%100%82%84%82%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years03/201503/201603/201703/201803/201903/202003/202103/202203/202303/2024CAGR 5Y
Revenue YoY growth---10%13%7%32%49%-20%6%12%
Earnings YoY growth--13%55%59%-8%16%70%40%-42%10%5%
Equity YoY growth--21%12%17%5%10%41%4%12%14%12%
FCF YoY growth--98%5K%13%-10%23%112%29%-88%206%-4%