Houlihan Lokey, Inc. (HLI)
NYSE: HLI · Real-Time Price · USD
127.70
-1.37 (-1.06%)
Sep 28, 2026, 9:54 AM EDT - Market open
Houlihan Lokey Cash Flow Statement
Financials in millions USD. Fiscal year is April - March.
Millions USD. Fiscal year is Apr - Mar.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Net Income | 405.7 | 425.7 | 399.71 | 280.3 | 254.22 | 437.75 |
Depreciation & Amortization, Total | 34.63 | 42.63 | 41.27 | 28.54 | 58.22 | 48.54 |
Gain (Loss) On Sale of Investments | - | - | - | - | 3.68 | 4.23 |
Stock-Based Compensation | 204.3 | 201.3 | 168.44 | 166.6 | 156.94 | 91.88 |
Change in Accounts Receivable | -78.52 | -82.52 | -21.93 | -101.31 | -49.34 | 32.16 |
Change in Accounts Payable | -31.9 | -27.9 | 1.71 | -30.75 | -32.01 | -9.96 |
Change in Other Net Operating Assets | -55.66 | 108.34 | 216.29 | -64.31 | -215.49 | 165.62 |
Other Operating Activities | 13.91 | 28.91 | 33.85 | 42.13 | 25.29 | -31.88 |
Operating Cash Flow | 500.13 | 704.13 | 848.61 | 328.46 | 136.27 | 736.6 |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Capital Expenditures | -15.31 | -22.31 | -39.7 | -66.73 | -50.73 | -8.68 |
Cash Acquisitions | -1.54 | -2.54 | -69.19 | -3.86 | -20.43 | -361 |
Investment in Securities | 21.03 | 27.03 | -156.17 | 0.18 | 68.15 | 95.76 |
Investing Cash Flow | 4.18 | 2.18 | -265.06 | -70.41 | -3 | -273.91 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Long-Term Debt Repaid | - | - | - | - | -3.03 | -0.28 |
Net Debt Issued (Repaid) | - | - | - | - | -3.03 | -0.28 |
Repurchase of Common Stock | -329.17 | -318.17 | -154.86 | -95.67 | -90.94 | -338.53 |
Common Dividends Paid | -182.04 | -174.04 | -165.22 | -148.45 | -140.38 | -114.81 |
Other Financing Activities | -1.74 | -0.74 | -9 | -6.47 | -6.11 | -5.44 |
Financing Cash Flow | -512.94 | -492.94 | -329.07 | -250.59 | -240.46 | -459.06 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Foreign Exchange Rate Adjustments | -39.07 | 4.93 | -0.76 | -0.43 | -12.07 | -16.78 |
Net Cash Flow | -47.71 | 218.29 | 253.73 | 7.04 | -119.26 | -13.15 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Free Cash Flow | 484.82 | 681.82 | 808.91 | 261.73 | 85.54 | 727.92 |
Free Cash Flow Growth | -34.42% | -15.71% | 209.06% | 205.96% | -88.25% | 28.68% |
Free Cash Flow Margin | 19.21% | 26.05% | 33.85% | 13.67% | 4.73% | 32.07% |
Free Cash Flow Per Share | 7.12 | 9.96 | 11.78 | 3.84 | 1.27 | 10.66 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Cash Interest Paid | - | - | - | - | 5.9 | 1 |
Cash Income Tax Paid | 202.25 | 187.25 | 93.31 | 105.06 | 156.79 | 242.03 |