Houlihan Lokey, Inc. (HLI)

Houlihan Lokey Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Total Interest Expense	0.35	0.15	0.1	0.18	0.5	0.53
Net Interest Income	-0.35	-0.15	-0.1	-0.18	-0.5	-0.53
Brokerage Commission	2,243	1,914	1,809	2,270	1,525	1,159
Revenue	2,243	1,914	1,809	2,270	1,525	1,159
Revenue Growth (YoY)	22.00%	5.80%	-20.29%	48.84%	31.59%	6.93%
Salaries & Employee Benefits	1,416	1,214	1,148	1,409	971.2	737.76
Cost of Services Provided	256.65	250.62	193.99	150.28	102.09	135.25
Other Operating Expenses	65.38	59.73	63.98	45.42	28.88	39.54
Total Operating Expenses	1,772	1,552	1,464	1,653	1,117	929.84
Operating Income	471	361.78	345.28	616.91	407.56	229
Currency Exchange Gains	0.06	0.06	0.04	-	-	-
Other Non-Operating Income (Expenses)	25.83	17.45	-15.51	-1.64	2.05	5.35
EBT Excluding Unusual Items	496.89	379.29	329.81	615.27	409.61	234.35
Gain (Loss) on Sale of Investments	0.93	0.88	-3.68	-4.23	0.1	0.08
Other Unusual Items	8.6	10.37	-2.13	-7.1	-0.48	1.22
Pretax Income	499.12	390.54	324	603.94	409.23	235.65
Income Tax Expense	140.25	110.24	69.78	165.61	96.46	51.85
Earnings From Continuing Ops.	358.87	280.3	254.22	438.32	312.77	183.79
Minority Interest in Earnings	-	-	-	-0.57	-	-
Net Income	358.87	280.3	254.22	437.75	312.77	183.79
Net Income to Common	358.87	280.3	254.22	437.75	312.77	183.79
Net Income Growth	38.62%	10.26%	-41.93%	39.96%	70.18%	15.52%
Shares Outstanding (Basic)	65	64	63	65	66	62
Shares Outstanding (Diluted)	69	68	68	68	69	66
Shares Change (YoY)	3.37%	0.85%	-0.99%	-0.60%	4.48%	-0.18%
EPS (Basic)	5.49	4.36	4.01	6.74	4.75	2.96
EPS (Diluted)	5.23	4.11	3.76	6.41	4.55	2.80
EPS Growth	34.25%	9.31%	-41.34%	40.88%	62.50%	15.70%
Free Cash Flow	678.09	261.73	85.54	727.92	565.69	266.95
Free Cash Flow Per Share	9.88	3.84	1.27	10.66	8.24	4.06
Dividend Per Share	2.260	2.200	2.120	1.720	1.300	1.240
Dividend Growth	3.67%	3.77%	23.26%	32.31%	4.84%	14.82%
Operating Margin	21.00%	18.90%	19.08%	27.18%	26.73%	19.76%
Profit Margin	16.00%	14.64%	14.05%	19.29%	20.51%	15.86%
Free Cash Flow Margin	30.23%	13.67%	4.73%	32.07%	37.09%	23.04%
Effective Tax Rate	28.10%	28.23%	21.54%	27.42%	23.57%	22.00%

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q