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
Follow HLI
Alert me
Houlihan Lokey, Inc. (HLI) Return on invested capital
Houlihan Lokey, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 22.0%, down 6.6 percentage points from fiscal 2026 (28.6%). Over the past ten years it has ranged from 10.9% (fiscal 2015) to 62.8% (fiscal 2022); the current reading is higher than 75% of that period. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 4.70%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2026 | 28.6% | 2.48 |
| FY2025 | 26.1% | 5.17 |
| FY2024 | 20.9% | (2.85) |
| FY2023 | 23.8% | (39.01) |
| FY2022 | 62.8% | 15.29 |
| FY2021 | 47.5% | 23.90 |
| FY2020 | 23.6% | 1.28 |
| FY2019 | 22.3% | (1.43) |
| FY2018 | 23.7% | (18.94) |
| FY2017 | 42.7% | 28.61 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| HLI Houlihan Lokey, Inc. | 22.0% |
| XP XP Inc. compare | 20.5% |
| JEF Jefferies Financial Group Inc. compare | 8.20% |
| FUTU Futu Holdings Limited Sponsored ADR compare | 0.00% |
| EVR Evercore Inc compare | 0.00% |
| VIRT Virtu Financial, Inc. compare | 0.00% |
| SF Stifel Financial Corporation compare | 0.00% |
| IREN IREN Limited compare | −5.53% |
| BMNR BitMine Immersion Technologies, Inc. compare | −49.7% |
| Capital Markets industry median | 0.00% |
| Financial sector median | 4.70% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on HLI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement