Company Analysis

Houlihan Lokey, Inc. (HLI)

NYSE: HLI · Investment Advice · Los Angeles, CA · filing with the SEC since 2004
Grade5.5
◀ Past 6.3● Present 5.2▶ Future 5.1

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in March.
Income statement, by fiscal year, newest first
Fiscal yearFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period endingMar 31, 2026Mar 31, 2025Mar 31, 2024Mar 31, 2023Mar 31, 2022Mar 31, 2021Mar 31, 2020Mar 31, 2019Mar 31, 2018Mar 31, 2017
Report filedMay 22, 2026May 15, 2025May 21, 2024May 25, 2023May 27, 2022May 21, 2021May 15, 2020May 24, 2019May 25, 2018Jun 13, 2017
Revenue2,617,5162,389,4161,914,4041,809,4472,269,9581,525,4521,159,3681,084,385963,364872,091
Gross profit·772,312571,071557,081795,286521,370322,546305,986277,600241,475
Total operating expenses2,090,4971,886,849r1,541,170r1,467,7091,657,0941,117,295929,767865,288r748,951r690,096
Operating income527,019502,567r373,234r341,738612,864408,157229,601219,097r214,413r181,995
Share of profit of equity-method investments·······6093,210-3,839
Total non-operating income (expense)35,24628,768r17,305r-17,738-8,9261,0716,0465,223r3,423r-3,508
Income before income taxes562,265531,335390,539324,000603,938409,228235,647224,320217,836178,487
Income tax expense138,091131,624110,23869,777165,61496,45751,85465,21445,55370,144
Net income including non-controlling interests424,174399,711280,301254,223438,324312,771183,793159,106172,283108,343
Net income to non-controlling interests-1,52300057300·00
Net income425,697399,711280,301254,223437,751312,771183,793·172,283108,343
Net income to common shareholders·······159,106172,283108,343
Earnings per share, basic6.406.084.364.016.744.752.962.562.761.77
Earnings per share, diluted6.225.824.113.766.414.552.802.422.601.63
Weighted average shares, basic66,547,76865,724,47364,337,97563,358,40864,970,28765,785,04262,152,87062,213,41462,494,27561,100,497
Weighted average shares, diluted68,434,89668,658,34768,159,39067,586,26368,259,70868,671,24865,725,51665,846,13266,324,09366,579,130
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton HLI · research, not advice