Houlihan Lokey, Inc. (HLI)

From the record

Houlihan Lokey, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Houlihan Lokey, Inc.'s 8 filed years say what it did: revenue went from $1.1 billion in fiscal 2019 to $2.6 billion in fiscal 2026, up 13.4% a year; it rose in 6 of 7 years; the deepest fall was 20% from fiscal 2022 to fiscal 2023; net income was positive in 8 of 8 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-03-31, Houlihan Lokey, Inc.'s diluted share count grew about 0.4% a year, and dividends and buybacks returned about 39% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 5 sales (2 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-11-09, buying about $501 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-03-31, Houlihan Lokey, Inc. earned about 18 cents of profit for every dollar of shareholders' money. Leverage: it owed about 46 cents per dollar of assets, and net share issuance: its share count shrank 0.3% over the year (the filed statements).

From the record

Houlihan Lokey, Inc.'s standing among 43 graded names in its industry family: revenue of $2.6 billion in fiscal 2026 ranks in the top 35% by size; a net margin of 16.2% ranks in the top 50%; revenue growth of 13.1% a year over the last 3 filed years ranks in the top 32% (its annual reports).

From the record

Houlihan Lokey, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Adelson, Scott Joseph (CEO, as filed), filing under that title since 2025-05-19, 1.5 years (bottom 10% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 7 years (top 50%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 34%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Houlihan Lokey, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $1.2 billion against no long-term debt tagged leaves 27.6% of its assets as net cash, top 14% of its family; cash from operations less capital spending is 26% of revenue (top 41%) (its annual report).

From the record

Houlihan Lokey, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 13.1% a year over the last three filed years against 13.4% over all 8, slowing (top 50% of its family); the newest year grew 9.6% (top 43%); capital spending grew -23.9% a year (bottom 13%) (its annual reports). Houlihan Lokey, Inc. reported 2 lines of business in fiscal 2025: Financial Restructuring at $544 million, Financial Advisory Services at $318 million. 2 of 2 grew in the latest filed year, and the largest line is 63% of revenue (its annual report).

From the record

Houlihan Lokey, Inc.'s newest year against its own record: revenue of $2.6 billion in fiscal 2026 came in 4.7% below the $2.7 billion its prior three years' pace pointed to (bottom 37% of its family); net income of $424 million against a prior three-year average of $311 million (bottom 48%); a net margin of 16.2% against 15.1% before (bottom 40%) (its annual reports).