stockrowHoulihan Lokey, Inc.
Houlihan Lokey, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $2.6 billion, up 9.55% from fiscal 2025.
- Revenue
- +4.85%
- EPS
- −1.80%
- Free cash flow
- −25.7%
Quarter to September 2026, against a year earlier
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Houlihan Lokey, Inc. (HLI) Free cash flow
Houlihan Lokey, Inc.'s free cash flow for fiscal 2026 was $681.8M, down 15.7% from $808.9M in fiscal 2025. Over the twelve months to 30 September 2026 it was $401.8M. Over the past ten years it has ranged from $2.3M (fiscal 2016) to $808.9M (fiscal 2025); the current reading is higher than 83% of that period. Houlihan Lokey, Inc. ranks 21st of 92 Capital Markets companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2026 | $681.8M | (15.71%) |
| FY2025 | $808.9M | 209.07% |
| FY2024 | $261.7M | 205.96% |
| FY2023 | $85.5M | (88.25%) |
| FY2022 | $727.9M | 28.68% |
| FY2021 | $565.7M | 111.91% |
| FY2020 | $266.9M | 22.71% |
| FY2019 | $217.5M | (10.45%) |
| FY2018 | $242.9M | 2.24% |
| FY2017 | $237.6M | 10,071.10% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $240.0M | — |
| Jun 2026 | −$342.0M | — |
| Mar 2026 | $286.8M | 32.14% |
| Dec 2025 | $217.0M | (32.81%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| FUTU Futu Holdings Limited Sponsored ADR compare | $7.8B |
| JEF Jefferies Financial Group Inc. compare | $4.2B |
| XP XP Inc. compare | $2.4B |
| EVR Evercore Inc compare | $1.6B |
| VIRT Virtu Financial, Inc. compare | $478.4M |
| HLI Houlihan Lokey, Inc. | $401.8M |
| SF Stifel Financial Corporation compare | $283.2M |
| IREN IREN Limited compare | −$873.8M |
| BMNR BitMine Immersion Technologies, Inc. compare | −$19.4B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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- P/B ratio
- Price to free cash flow
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