Houlihan Lokey, Inc. (NYSE: HLI) is an American multinational independent investment bank and financial services company, and the No. 1 ranked global M&A advisor by transaction count. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| HLI | HOULIHAN LOKEY, INC. | 2026-10-07 14:59:49 | 125.19 | -2.78 | -2.17 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HLI | 0001302215 | HOULIHAN LOKEY, INC. | US4415931009 | 549300S3CNGTQ1QZVY46 | 952770395 | NYSE | 6282 | Investment Advice | 0331 | — | HOULIHAN LOKEY, INC. | LOS ANGELES | CA | 90067 | UNITED STATES | US | 310.553.8871 | HOULIHAN LOKEY, INC., LOS ANGELES, CA, 90067 | HOULIHAN LOKEY, INC., LOS ANGELES, CA, 90067 | HOULIHAN LOKEY HOWARD & ZUKIN INC | Investment banking | 1972 | Scott Adelson | 2,702 | http://hl.com | 11,190,000,000 | 587,866 | — | Houlihan Lokey, Inc. (NYSE: HLI) is an American multinational independent investment bank and financial services company, and the No. 1 ranked global M&A advisor by transaction count. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California. | 2026-10-01 18:54:20 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2026 | 11,190,000,000 | 2,760,000,000 | 32.7402 | — | — | — |
| 2025 | 8,430,000,000 | 2,920,000,000 | 52.9946 | — | — | — |
| 2024 | 5,510,000,000 | 1,760,000,000 | 46.9333 | — | — | — |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Christopher M. Crain | General Counsel, Secretary | 2026 | 500,000 | — | — | 2,750,000 | 0 | 3,250,000 |
| Scott J. Adelson | Chief Executive Officer | 2026 | 500,000 | — | — | 12,500,000 | 0 | 13,000,000 |
| J. Lindsey Alley | Chief Financial Officer | 2026 | 500,000 | — | — | 3,750,000 | 0 | 4,250,000 |
| Scott L. Beiser | Chairman | 2026 | 500,000 | — | — | 2,500,000 | 0 | 3,000,000 |
| P. Eric Siegert | Chairman | 2026 | 500,000 | — | — | 17,042,494 | 0 | 17,542,494 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Revenue | 2,617,516,000 | 2,389,416,000 | 1,914,404,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | 2,617,516,000 | 772,312,000 | 571,071,000 |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 2,090,497,000 | 1,887,872,000 | 1,551,543,000 |
| Operating Income | 527,019,000 | 501,544,000 | 362,861,000 |
| Net Income | 425,697,000 | 399,711,000 | 280,301,000 |
| Earnings Per Share Basic | 6.4 | 6.08 | 4.36 |
| Earnings Per Share Diluted | 6.22 | 5.82 | 4.11 |
| Weighted Average Shares Outstanding Basic | 66,547,768 | 65,724,473 | 64,337,975 |
| Weighted Average Shares Outstanding Diluted | 68,434,896 | 68,658,347 | 68,159,390 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Cash And Cash Equivalents | 1,189,454,000 | 971,007,000 | 721,235,000 |
| Marketable Securities Current | 126,800,000 | 166,799,000 | 7,592,000 |
| Accounts Receivable | 228,307,000 | 257,326,000 | 199,630,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | 0 | 32,856,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | 43,640,000 | 28,502,000 | 31,328,000 |
| Property Plant And Equipment | 142,876,000 | 149,350,000 | 136,701,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 4,308,955,000 | 3,819,708,000 | 3,170,759,000 |
| Accounts Payable | 135,944,000 | 137,228,000 | 114,171,000 |
| Deferred Revenue | — | 48,215,000 | 33,139,000 |
| Short Term Debt | — | — | — |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | — | — | — |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 1,856,024,000 | 1,644,831,000 | 1,334,009,000 |
| Common Stock | — | — | — |
| Retained Earnings | 1,645,100,000 | 1,394,738,000 | 1,163,419,000 |
| Accumulated Other Comprehensive Income | -48,910,000 | -63,281,000 | -66,608,000 |
| Total Shareholders Equity | 2,342,377,000 | 2,174,877,000 | 1,836,750,000 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Depreciation And Amortization | 42,634,000 | 41,270,000 | 28,536,000 |
| Share Based Compensation Expense | — | — | — |
| Other Non Cash Income Expense | 1,673,000 | — | — |
| Change In Accounts Receivable | -32,633,000 | 55,698,000 | 23,828,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 19,876,000 | 33,194,000 | 6,756,000 |
| Change In Accounts Payable | -27,898,000 | -13,367,000 | -23,192,000 |
| Change In Other Liabilities | 128,217,000 | 210,254,000 | -42,269,000 |
| Cash From Operating Activities | 704,131,000 | 848,609,000 | 328,458,000 |
| Purchases Of Marketable Securities | 263,299,000 | 250,476,000 | 11,278,000 |
| Sales Of Marketable Securities | 290,326,000 | 94,305,000 | 11,458,000 |
| Acquisition Of Property Plant And Equipment | 22,312,000 | 39,699,000 | 66,730,000 |
| Acquisition Of Business | 2,539,000 | 69,188,000 | 3,856,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | 2,176,000 | -265,058,000 | -70,406,000 |
| Tax Withholding For Share Based Compensation | 142,738,000 | 102,343,000 | 70,713,000 |
| Payments Of Dividends | 175,335,000 | 165,217,000 | 148,454,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 175,428,000 | 52,514,000 | 24,952,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | 0 | 710,000 | 587,000 |
| Cash From Financing Activities | -492,944,000 | -329,070,000 | -250,585,000 |
| Change In Cash | 218,289,000 | 253,725,000 | 7,042,000 |
| Cash At End Of Period | 1,189,454,000 | 971,007,000 | 721,235,000 |
| Income Taxes Paid | 187,247,000 | 93,312,000 | 105,056,000 |
| Interest Paid | — | 1,363,000 | 579,000 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Earnings Per Share | 6.4 | 6.08 | 4.36 |
| Price To Earnings Ratio | 22.4406 | 26.5625 | 29.3945 |
| Earnings Growth Rate | 5.2632 | 39.4495 | 8.7282 |
| Price Earnings To Growth Ratio | 4.2637 | 0.6733 | 3.3678 |
| Book Value Per Share | 36.8597 | 33.0908 | 28.5485 |
| Price To Book Ratio | 3.8964 | 4.8805 | 4.4892 |
| Ebitda | 655,578,000 | 534,293,000 | 413,893,000 |
| Enterprise Value | — | — | — |
| Dividend Yield | 0.0183 | 0.0156 | 0.018 |
| Dividend Payout Ratio | 0.4119 | 0.4133 | 0.5296 |
| Debt To Equity Ratio | — | — | — |
| Capital Expenditures | 36,160,000 | 53,919,000 | 76,892,000 |
| Free Cash Flow | 667,971,000 | 794,690,000 | 251,566,000 |
| Return On Equity | 0.1817 | 0.1838 | 0.1526 |
| One Year Beta | 0.9617 | 1.0192 | 0.8108 |
| Three Year Beta | 0.9466 | 0.8923 | 0.895 |
| Five Year Beta | 0.9261 | 0.8245 | 0.7108 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Reichert Thomas | Director | 2026-10-01 | 925 | A | 925 |
| CRAIN CHRISTOPHER M | GENERAL COUNSEL | 2026-09-10 | 1,000 | A | 1,000 |
| CRAIN CHRISTOPHER M | GENERAL COUNSEL | 2026-09-10 | 1,000 | D | 0 |
| CRAIN CHRISTOPHER M | GENERAL COUNSEL | 2026-09-10 | 1,000 | D | 0 |
| ALLEY J LINDSEY | Chief Financial Officer | 2026-08-03 | 4,020 | A | 4,020 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Gilbert Cisneros | 2026-09-10 | CA31 | Purchase | 2026-08-07 | — | $1,001 - $15,000 |
| Gilbert Cisneros | 2026-09-04 | CA31 | Purchase | 2026-07-16 | — | $1,001 - $15,000 |
| Gilbert Cisneros | 2026-04-07 | CA31 | Purchase | 2026-03-03 | — | $1,001 - $15,000 |
| Kelly Louise Morrison | 2025-06-18 | MN03 | Sale | 2025-06-04 | — | $1,001 - $15,000 |
| Josh Gottheimer | 2025-05-14 | NJ05 | Sale (Partial) | 2025-04-09 | Joint | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Investors Research Corp | 2026-09-30 | 1,390 | 11 | 126.3636 |
| STEPH & CO | 2026-09-30 | 19,204 | 152 | 126.3421 |
| ELEVATION WEALTH PARTNERS, LLC | 2026-09-30 | 5,180 | 41 | 126.3415 |
| Retirement Wealth Solutions LLC | 2026-09-30 | 1,687 | 13 | 129.7692 |
| AMERICAN NATIONAL BANK & TRUST | 2026-09-30 | 11,117 | 88 | 126.3295 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| ETF Series Solutions | 2026-07-31 | Opus Small Cap Value ETF | OSCV | 70,546 | 8,852,817.54 | 1.2539 |
| Grandeur Peak Global Trust | 2026-07-31 | Investor Class | GPGOX | 20,025 | 2,512,937.25 | 0.7216 |
| Grandeur Peak Global Trust | 2026-07-31 | Institutional Class | GPGIX | 20,025 | 2,512,937.25 | 0.7216 |
| Grandeur Peak Global Trust | 2026-07-31 | Investor Class | GPROX | 3,974 | 498,697.26 | 0.6165 |
| Grandeur Peak Global Trust | 2026-07-31 | Institutional Class | GPRIX | 3,974 | 498,697.26 | 0.6165 |