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Friday 6 November 2026 Export HLI’s income statement to Excel — free account

Houlihan Lokey, Inc.

HLI Financial Capital Markets

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

148.20 5.86 −3.80%
Market cap
$10.2B
P/E
24.5×
Fwd P/E
18.2×
Dividend yield
1.75%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Houlihan Lokey, Inc. (HLI) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Houlihan Lokey, Inc. (HLI) trades at a P/S ratio of 3.9×. Over the past ten years it has ranged from 1.8× (July 2016) to 5.9× (November 2024); the current reading is higher than 77% of that period. That is above the Capital Markets industry median of 2.1× and above the Financial sector median of 2.3×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2026 3.7× (17.80%)
FY2025 4.4× 3.14%
FY2024 4.3× 40.59%
FY2023 3.1× 21.91%
FY2022 2.5× (12.38%)
FY2021 2.9× 2.65%
FY2020 2.8× 4.24%
FY2019 2.7× (5.34%)
FY2018 2.8× 17.32%
FY2017 2.4× 13.89%

Quarterly newest first

Period P/S ratio Change
Sep 2026 3.3× (6.85%)
Jun 2026 3.5× (3.20%)
Mar 2026 3.7× (16.68%)
Dec 2025 4.4× (18.26%)
43 more quarters

Against its own ten years

Low 1.8× High 5.9×
Ten-year median 3.1×
Current reading's percentile 77

P/S ratio against peers

Company P/S ratio
JEF Jefferies Financial Group Inc. compare 1.1×
VIRT Virtu Financial, Inc. compare 1.2×
SF Stifel Financial Corporation compare 1.8×
XP XP Inc. compare 2.1×
EVR Evercore Inc compare 2.3×
HLI Houlihan Lokey, Inc. 3.9×
FUTU Futu Holdings Limited Sponsored ADR compare 3.9×
IREN IREN Limited compare 8.4×
BMNR BitMine Immersion Technologies, Inc. compare 174×
Capital Markets industry median 2.1×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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