Houlihan Lokey, Inc. (HLI)

Houlihan Lokey Income Statement

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

Year Ending	TTM	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	1,914	1,914	1,809	2,270	1,525	1,159
Revenue Growth (YoY)	5.80%	5.80%	-20.29%	48.81%	31.58%	6.91%
Gross Profit	1,914	1,914	1,809	2,270	1,525	1,159
Selling, General & Admin	1,214	1,214	1,148	1,409	971.2	737.76
Other Operating Expenses	337.95	337.95	319.83	248.46	146.1	192.01
Operating Expenses	1,552	1,552	1,468	1,657	1,117	929.77
Operating Income	362.86	362.86	341.74	612.86	408.16	229.6
Other Expense / Income	-27.68	-27.68	17.74	9.5	-1.07	-6.05
Pretax Income	390.54	390.54	324	603.37	409.23	235.65
Income Tax	110.24	110.24	69.78	165.61	96.46	51.85
Net Income	280.3	280.3	254.22	437.75	312.77	183.79
Net Income Growth	10.26%	10.26%	-41.93%	39.96%	70.18%	15.52%
Shares Outstanding (Basic)	64	64	63	65	66	62
Shares Outstanding (Diluted)	68	68	68	68	69	66
Shares Change	0.85%	0.85%	-0.99%	-0.60%	4.48%	-0.18%
EPS (Basic)	4.36	4.36	4.01	6.74	4.75	2.96
EPS (Diluted)	4.11	4.11	3.76	6.41	4.55	2.80
EPS Growth	9.31%	9.31%	-41.34%	40.88%	62.50%	15.70%
Free Cash Flow	261.73	261.73	85.54	727.92	565.69	266.95
Free Cash Flow Per Share	4.07	4.07	1.35	11.20	8.60	4.29
Dividend Per Share	2.200	2.200	2.120	1.720	1.300	1.240
Dividend Growth	3.77%	3.77%	23.26%	32.31%	4.84%	14.81%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	18.95%	18.95%	18.89%	27.00%	26.76%	19.80%
Profit Margin	14.64%	14.64%	14.05%	19.28%	20.50%	15.85%
Free Cash Flow Margin	13.67%	13.67%	4.73%	32.07%	37.08%	23.03%
Effective Tax Rate	28.23%	28.23%	21.54%	27.45%	23.57%	22.00%
EBITDA	451.98	451.98	408.83	683.41	447.21	277.59
EBITDA Margin	23.61%	23.61%	22.59%	30.11%	29.32%	23.94%
Depreciation & Amortization	61.44	61.44	84.83	80.05	37.98	41.95
EBIT	390.54	390.54	324	603.37	409.23	235.65
EBIT Margin	20.40%	20.40%	17.91%	26.58%	26.83%	20.33%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).