Houlihan 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) Operating margin
Houlihan Lokey, Inc.'s operating margin over the twelve months to 30 September 2026 was 20.3%, up 0.1 percentage points from fiscal 2026 (20.1%). Over the past ten years it has ranged from 18.2% (fiscal 2016) to 27.0% (fiscal 2022); the current reading is higher than 50% of that period. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 20.1% | (0.90) |
| FY2025 | 21.0% | 1.53 |
| FY2024 | 19.5% | 0.61 |
| FY2023 | 18.9% | (8.11) |
| FY2022 | 27.0% | 0.24 |
| FY2021 | 26.8% | 6.96 |
| FY2020 | 19.8% | (0.40) |
| FY2019 | 20.2% | (2.06) |
| FY2018 | 22.3% | 1.39 |
| FY2017 | 20.9% | 2.65 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 22.3% | 6.99 |
| Jun 2026 | 15.3% | (4.46) |
| Mar 2026 | 19.7% | (2.69) |
| Dec 2025 | 22.4% | (0.47) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| FUTU Futu Holdings Limited Sponsored ADR compare | 62.0% |
| VIRT Virtu Financial, Inc. compare | 49.3% |
| XP XP Inc. compare | 33.6% |
| JEF Jefferies Financial Group Inc. compare | 23.4% |
| EVR Evercore Inc compare | 22.5% |
| SF Stifel Financial Corporation compare | 21.2% |
| HLI Houlihan Lokey, Inc. | 20.3% |
| IREN IREN Limited compare | −54.2% |
| BMNR BitMine Immersion Technologies, Inc. compare | −14,505.1% |
| Capital Markets industry median | 0.00% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
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- Net margin
- Free cash flow margin
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- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
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