Saturday 17 October 2026 Export HLNE’s income statement to Excel — free account

Hamilton Lane Inc.

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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Market cap: $4.6B
P/E: 12.3×
Fwd P/E: 12.3×
Dividend yield: 2.79%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 19.51

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	5	—	—	1	3	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 21.66%

Capital & Financial Ratios $m

Market Cap 4,610.00

Revenue 858.37

Net Income 435.53

Free Cash Flow 366.83

Net Debt (75.53)

Current Ratio 3.49

Debt/Equity 0.16

P/E ratio 12.34

Fwd P/E 12.30

P/S ratio 3.96

P/B ratio 2.01

Past 5Y EPS Growth 16.07%

This Y EPS Growth 20.35%

Next Y EPS Growth 2.60%

Next Y revenue growth 24.97%

Next 5Y EPS Growth 12.31%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 0.50%

10-year low 10-year high

P/S against its own 10 years 17.38%

10-year low 10-year high

P/B against its own 10 years 0.46%

10-year low 10-year high

Dividends

Payout Ratio 0.35

Annual Dividend Rate 2.28

Annual Dividend Yield 2.79%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	2.19	0.54 0.60 0.60
2025	2.11	0.49 0.54 0.54 0.54
2024	1.92	0.45 0.49 0.49 0.49
2023	1.74	0.40 0.45 0.45 0.45
2022	1.55	0.35 0.40 0.40 0.40
2021	1.36	0.31 0.35 0.35 0.35
2020	1.21	0.28 0.31 0.31 0.31
2019	1.04	0.21 0.28 0.28 0.28
2018	0.81	0.18 0.21 0.21 0.21
2017	0.53	0.18 0.18 0.18

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	120	284	372	350
Receivables	108	181	152	228
Inventory	—	—	—	—
Other	8	16	24	24
	247	492	561	612

	2024	2025	2026	Q'26
Payables	22	26	28	30
ST’ Debt	—	—	—	—
Other	0	1	15	31
	82	102	154	176

Compound Annual Growth %

	10y	5y	3y
Sales	15.43%	17.31%	12.80%
Cash Flow	14.56%	17.69%	23.32%
Earnings	15.87%	20.51%	31.68%
Book Value	0.00%	36.09%	36.69%

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	275	—	—	—	—
’26	176	191	199	194	759
’25	197	150	168	198	713
’24	125	127	125	177	554
’23	136	153	127	113	529
’22	79	96	92	101	368
’21	70	84	85	103	342

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	77	—	—	—	—
’26	129	119	74	103	425
’25	80	117	64	39	301
’24	58	78	(36)	22	121
’23	61	95	58	13	227
’22	32	52	69	17	170
’21	47	42	58	40	188

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	75	—	—	—	—
’26	128	(75)	72	101	419
’25	78	96	81	36	291
’24	55	16	21	21	113
’23	59	94	57	12	222
’22	28	49	67	16	161
’21	46	41	51	30	169

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	1.93	—	—	—	—
’26	1.28	1.69	1.37	1.57	5.92
’25	1.47	1.37	1.32	1.23	5.41
’24	0.81	1.11	0.51	1.26	3.69
’23	0.91	0.97	0.31	0.82	3.01
’22	0.78	1.41	1.40	0.39	3.98
’21	0.11	0.66	0.96	1.00	2.81

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	17.32	30.52	34.79	36.27	74.11	55.81	62.47	103.42	111.98	71.88	Analyst estimates 2027–2029 Powerpack
	High	36.01	54.59	64.64	84.55	116.00	105.23	116.98	203.72	179.19	155.66
People
People	Employees	290	340	370	400	450	540	600	700	760	785
	Revenue/emp, $m	0.62	0.72	0.68	0.69	0.76	0.68	0.88	0.79	0.94	0.97
Income, $m
Income, $m	Revenue	180	244	252	274	342	368	529	554	713	759
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	75	140	130	141	193	314	243	282	362	463
	EBT margin, %	41.57	57.22	51.38	51.36	56.55	85.26	45.88	50.86	50.81	60.99
	Net income	74	106	99	127	169	247	187	227	314	388
	Depreciation	2	2	3	3	4	5	7	8	9	10
Per share, $
Per share, $	Revenue	10.11	13.25	10.58	9.76	10.31	10.08	14.27	14.63	17.86	18.24
	Earnings	0.03	0.94	1.41	2.17	2.82	4.02	3.05	3.72	5.45	5.99
	Cash flow	4.59	5.25	4.68	4.14	5.68	4.64	6.11	3.19	7.54	10.21
	Capex	(0.07)	(0.12)	(0.23)	(0.22)	(0.59)	(0.23)	(0.13)	(0.21)	(0.25)	(0.14)
	Free cash flow	4.52	5.13	4.46	3.92	5.08	4.41	5.99	2.99	7.28	10.07
	Book value	4.87	7.39	7.12	8.45	9.48	12.64	15.49	17.86	23.14	35.25
	Shares, m	18	18	24	28	33	37	37	38	40	42
Valuation, ×
Valuation, ×	P/E	622.33	40.57	30.82	25.61	32.32	19.23	24.18	30.00	27.33	16.59
	P/S	1.85	2.76	4.17	5.67	8.59	7.67	5.19	7.61	8.32	5.45
	P/B	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/FCF	4.75	7.49	10.07	13.77	17.75	18.72	13.10	37.93	20.38	17.70
Cash, $m
Cash, $m	Operating cash flow	82	97	112	116	188	170	227	121	301	425
	Capex	(1)	(2)	(5)	(6)	(20)	(9)	(5)	(8)	(10)	(6)
	Free cash flow	80	94	106	110	169	161	222	113	291	419
Balance, $m
Balance, $m	Working capital	0	38	38	63	51	61	114	165	391	407
	Total debt	84	84	71	75	163	171	214	196	290	278
	Net debt	50	35	19	21	73	95	97	77	7	(93)
	Shareholders’ equity	87	136	170	237	314	461	574	676	924	1,467
Returns, %
Returns, %	ROA	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
	ROE	(4.84)	15.57	21.96	29.88	35.54	37.64	21.07	22.53	27.18	20.85

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BXSL Blackstone Secured Lending Fund	$5.6B	18.8×	11.4×	−7.06% (below 0%: shrinking)	−94.12% (below 0%: shrinking)	+353.76% (above 0%: growing)	100.00%	85.77%	Compare
MAAS Maase Inc. - Sponsored ADR	$5.5B	— (loss-making)	— (loss-making)	−60.12% (below 0%: shrinking)	+62.50% (above 0%: growing)	+82.86% (above 0%: growing)	0.00%	0.00%	Compare
STEP StepStone Group Inc.	$5.2B	— (loss-making)	3.9×	+4.01% (above 0%: growing)	n/m	−1,113.70% (below 0%: shrinking)	100.00%	(54.06%)	Compare
OBDC Blue Owl Capital Corporation	$5.1B	18.1×	12.1×	−17.39% (below 0%: shrinking)	−51.85% (below 0%: shrinking)	−45.84% (below 0%: shrinking)	100.00%	74.72%	Compare
MAIN Main Street Capital Corporation	$5.1B	10.8×	15.2×	+3.89% (above 0%: growing)	+15.33% (above 0%: growing)	+13.70% (above 0%: growing)	100.00%	87.20%	Compare
HASI HA Sustainable Infrastructure Capital, Inc.	$4.7B	55.2×	29.3×	+40.97% (above 0%: growing)	+25.00% (above 0%: growing)	−14.48% (below 0%: shrinking)	100.00%	80.56%	Compare
HLNE Hamilton Lane Inc.	$4.6B	12.3×	12.3×	+56.48% (above 0%: growing)	+49.23% (above 0%: growing)	−40.94% (below 0%: shrinking)	100.00%	45.93%
OTF Blue Owl Technology Finance Corp.	$4.3B	11.4×	26.7×	+5.81% (above 0%: growing)	−23.26% (below 0%: shrinking)	+22.79% (above 0%: growing)	100.00%	82.00%	Compare
FHI Federated Hermes, Inc.	$4.2B	10.4×	11.3×	+18.34% (above 0%: growing)	+18.97% (above 0%: growing)	+342.66% (above 0%: growing)	100.00%	26.43%	Compare
Median of peers	$5.1B	14.7×	12.1×	+3.95%	+15.33%	+18.25%	100.00%	77.64%

All 120 Asset Management stocks →

Hamilton Lane Inc. (HLNE) key facts

Strength: Hamilton Lane Inc.’s revenue for fiscal 2026 (year ended March 2026) was $759.0 million, up 6.46% from fiscal 2025.
Strength: Net income was $387.7 million, or $5.99 per share (basic), a net margin of 32.8%.
Hamilton Lane Inc. (HLNE) is an Asset Management company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, HLNE traded at $81.84, a market capitalization of $4.6 billion.
At that price the stock trades at 12.3× trailing-twelve-month earnings and 4.0× sales; its P/E is higher than 1% of its own readings over the past ten years.
Hamilton Lane Inc. pays an annual dividend of $2.28 per share, a yield of 2.79%, with a payout ratio of 34.8%.
Return on equity was 20.9% and debt-to-equity 0.16.
Its Piotroski F-score is 4 out of 9 for fiscal 2026.