Saturday 17 October 2026
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Hamilton Lane Inc.
HLNE Financial Asset Management
Hamilton Lane Inc.’s revenue for fiscal 2026 (year ended March 2026) was $759.0 million, up 6.46% from fiscal 2025. In the quarter to June 2026, revenue grew 56.5%, EPS grew 49.2%, free cash flow fell 40.9% and total debt fell 4.98%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five; insiders bought in the last twelve months.
81.84
1.66
−1.99%
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| Mar '17 | Mar '18 | Mar '19 | Mar '20 | Mar '21 | Mar '22 | Mar '23 | Mar '24 | Mar '25 | Mar '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | 7 | 5 | 6 | 3 | 5 | 5 | 6 | 6 | 4 |
P/E ratio |
622.33 | 40.57 | 30.82 | 25.61 | 32.32 | 19.23 | 24.18 | 30.00 | 27.33 | 16.59 |
P/S ratio |
1.85 | 2.76 | 4.17 | 5.67 | 8.59 | 7.67 | 5.19 | 7.61 | 8.32 | 5.45 |
P/FCF ratio |
4.13 | 7.12 | 9.89 | 13.58 | 17.32 | 18.11 | 12.65 | 37.26 | 20.36 | 18.11 |
P/Operating CF |
81.96 | 498.76 | 222.88 | 186.78 | 72.73 | 165.89 | 207.42 | 194.05 | 151.10 | 40.16 |
P/B ratio |
3.83 | 4.94 | 6.19 | 6.54 | 9.34 | 6.12 | 4.77 | 6.23 | 6.42 | 2.82 |
Price to Tangible BV |
3.83 | 4.94 | 6.19 | 6.54 | 9.34 | 6.12 | 4.77 | 6.23 | 6.42 | 2.82 |
EV/Sales |
2.13 | 2.90 | 4.24 | 5.75 | 8.81 | 7.93 | 5.37 | 7.75 | 8.33 | 5.33 |
EV/EBITDA |
4.85 | 5.66 | 9.98 | 13.16 | 18.82 | 16.66 | 11.47 | 16.89 | 18.24 | 12.07 |
EV/Operating CF |
4.68 | 7.31 | 9.58 | 13.53 | 15.99 | 17.21 | 12.53 | 35.50 | 19.75 | 9.51 |
EV/FCF |
4.75 | 7.49 | 10.07 | 13.77 | 17.75 | 18.72 | 13.10 | 37.93 | 20.38 | 17.70 |
Quick Ratio |
0.88 | 2.02 | 1.74 | 2.76 | 1.55 | 1.69 | 2.46 | 2.78 | 4.56 | 3.40 |
Current Ratio |
1.00 | 2.20 | 1.92 | 3.07 | 1.67 | 1.81 | 2.72 | 3.02 | 4.83 | 3.64 |
Net Debt/EBITDA |
0.64 | 0.28 | 0.18 | 0.18 | 0.46 | 0.54 | 0.39 | 0.30 | 0.02 | (0.28) |
Debt/Assets |
35.04% | 28.65% | 19.68% | 15.74% | 14.36% | 13.23% | 18.72% | 15.43% | 17.17% | 12.08% |
Debt/Equity |
0.97 | 0.62 | 0.42 | 0.31 | 0.52 | 0.37 | 0.37 | 0.29 | 0.31 | 0.19 |
Asset Turnover |
0.82 | 0.91 | 0.77 | 0.66 | 0.42 | 0.30 | 0.43 | 0.46 | 0.48 | 0.38 |
Operating CF/Net income |
133.46 | 5.58 | 3.32 | 1.91 | 1.92 | 1.16 | 2.08 | 0.86 | 1.38 | 1.71 |
Capex/Depreciation |
(0.67) | (1.19) | (1.80) | (1.87) | (4.75) | (1.55) | (0.64) | (0.95) | (1.09) | (0.59) |
Interest Coverage |
5.23 | 20.53 | 34.30 | 41.35 | 62.22 | 36.62 | 27.86 | 22.01 | 23.73 | 21.73 |
| (4.84%) | 15.57% | 21.96% | 29.88% | 35.54% | 37.64% | 21.07% | 22.53% | 27.18% | 20.85% | |
| 0.28% | 6.49% | 10.26% | 14.58% | 12.18% | 12.01% | 8.96% | 11.68% | 14.68% | 12.47% | |
ROIC |
34.77% | 44.98% | 34.45% | 28.13% | 25.15% | 19.04% | 22.35% | 20.42% | 21.26% | 14.79% |
Return on Tangible Assets |
15.76% | 40.46% | 72.88% | 86.58% | 131.49% | 162.30% | 76.48% | 71.06% | 50.79% | 56.35% |
Average Days of Receivables |
24.59 | 22.32 | 29.41 | 40.47 | 31.20 | 51.46 | 32.54 | 71.37 | 92.87 | 73.01 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
57.67% | 49.62% | 58.67% | 57.52% | 54.42% | 53.91% | 54.60% | 55.62% | 55.60% | 57.19% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
2.60% | 2.27% | 2.53% | 2.62% | 2.07% | 2.01% | 1.88% | 2.19% | 4.41% | 6.70% |
Graham Net Nets |
(0.31) | (0.13) | (0.11) | (0.09) | (0.24) | (0.25) | (0.14) | (0.08) | (0.05) | (0.07) |
Graham Number |
0.00 | 12.23 | 15.14 | 20.27 | 24.17 | 33.81 | 32.66 | 38.61 | 53.22 | 68.92 |
Earnings Yield |
0.16% | 2.47% | 3.24% | 3.91% | 3.09% | 5.20% | 4.14% | 3.33% | 3.66% | 6.03% |
Free Cash Flow Yield |
24.21% | 14.05% | 10.12% | 7.36% | 5.77% | 5.52% | 7.90% | 2.68% | 4.91% | 5.52% |
Revenue per Share |
10.11 | 13.25 | 10.58 | 9.76 | 10.31 | 10.08 | 14.27 | 14.63 | 17.86 | 18.24 |
Operating CF per Share |
4.59 | 5.25 | 4.68 | 4.14 | 5.68 | 4.64 | 6.11 | 3.19 | 7.54 | 10.21 |
Capex per Share |
(0.07) | (0.12) | (0.23) | (0.22) | (0.59) | (0.23) | (0.13) | (0.21) | (0.25) | (0.14) |
Free Cash Flow per Share |
4.52 | 5.13 | 4.46 | 3.92 | 5.08 | 4.41 | 5.99 | 2.99 | 7.28 | 10.07 |
Cash per Share |
1.92 | 2.68 | 2.16 | 1.89 | 2.73 | 2.09 | 3.15 | 3.16 | 7.10 | 8.94 |
Shareholders Equity per Share |
4.87 | 7.39 | 7.12 | 8.45 | 9.48 | 12.64 | 15.49 | 17.86 | 23.14 | 35.25 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
4.87 | 7.39 | 7.12 | 8.45 | 9.48 | 12.64 | 15.49 | 17.86 | 23.14 | 35.25 |
Free Cash Flow |
80.40 | 94.44 | 106.26 | 110.22 | 168.52 | 161.00 | 221.84 | 113.08 | 290.74 | 419.07 |
Working Capital |
(0.18) | 38.08 | 37.96 | 62.86 | 51.24 | 61.11 | 114.25 | 165.21 | 390.50 | 407.17 |
Capital Expenditures |
(1.27) | (2.25) | (5.37) | (6.15) | (19.64) | (8.53) | (4.75) | (7.77) | (10.08) | (5.84) |
Net Current Asset Value |
(101.84) | (87.88) | (111.62) | (142.94) | (694.10) | (696.67) | (385.66) | (348.11) | (273.97) | (277.01) |
EV/EBIT |
5.02 | 5.75 | 10.26 | 13.53 | 19.32 | 17.20 | 11.83 | 17.45 | 18.77 | 12.44 |
Capex to Sales |
0.01 | 0.01 | 0.02 | 0.02 | 0.06 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
Price to Operating Income |
4.36 | 5.47 | 10.08 | 13.34 | 18.85 | 16.64 | 11.42 | 17.14 | 18.75 | 12.73 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.47 | 0.40 | 0.37 | 0.44 | 0.18 | 0.19 | 0.26 | 0.25 | 0.25 | 0.28 |
Cash ROIC |
39.21% | 35.03% | 36.36% | 30.19% | 29.68% | 22.71% | 24.53% | 11.40% | 19.41% | 19.80% |
Accounts Receivable Turnover |
15.02 | 18.05 | 14.31 | 10.81 | 11.47 | 9.08 | 10.68 | 7.13 | 4.92 | 4.56 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
11.97 | 13.52 | 17.62 | 25.35 | 29.79 | 40.54 | 49.50 | 77.72 | 144.85 | 166.62 |
Average Payables |
1.00 | 3.48 | 6.94 | 9.14 | 11.68 | 14.57 | 17.69 | 20.87 | 23.92 | 26.94 |
Average Assets |
218.63 | 267.21 | 327.19 | 417.06 | 805.02 | 1,215.73 | 1,217.74 | 1,205.87 | 1,480.78 | 1,997.63 |
Average Common Equity |
(12.66) | 111.35 | 152.90 | 203.56 | 275.80 | 387.84 | 517.84 | 625.08 | 799.93 | 1,195.22 |
Columns are period end dates