Stock AnalizHoulihan Lokey, Inc. HLI
Investment Managers · IPO 2015 · data as of November 13, 2026
Houlihan Lokey, Inc. (HLI) is a financial company listed in the US with a market value of about $9.9B. In the twelve months to September 30, 2026 it had revenue of $2.6B and net income of $403M, a net margin of 15.8%.
Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is financial health (5/5); the weakest is value (1/5).
Key numbers: a P/E of 23.9, a price to free cash flow of 24.7, 5-year revenue growth of 11% a year, a 5-year average ROIC of 16%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 1% below the current price.
Score: 3.2 / 5
Checks passed
- P/E below 25
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
Checks not passed
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- Share count down over 3 years (buybacks)
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.4B | $1.9B | $1.8B | $2.3B | $1.5B | $1.2B | $1.1B | $963M | $872M |
| Net income | $403M | $426M | $400M | $280M | $254M | $438M | $313M | $184M | $159M | $172M | $108M |
| Free cash flow | $402M | $682M | $809M | $262M | $86M | $728M | $566M | $267M | $218M | $243M | $238M |
| EPS (diluted) | $5.97 | $6.22 | $5.82 | $4.11 | $3.76 | $6.41 | $4.55 | $2.80 | $2.42 | $2.60 | $1.63 |
| Net margin | 15.8% | 16.3% | 16.7% | 14.6% | 14.1% | 19.3% | 20.5% | 15.8% | 14.7% | 17.9% | 12.4% |
| ROIC | — | 14.0% | 14.5% | 11.9% | 13.5% | 27.1% | 19.3% | 15.2% | 16.9% | 19.6% | 14.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 9 analysts is $161.44, 13% above the current price; targets range from $153.00 to $175.00; the consensus rating is “Buy”; expected EPS is $7.28 for the fiscal year ending March 31, 2027.
Frequently asked questions
What is Houlihan Lokey’s P/E ratio?
About 23.9, based on the last twelve months of diluted earnings per share (forward P/E about 16.9).
Is Houlihan Lokey stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 1% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Houlihan Lokey pay a dividend?
Yes. The dividend yield is about 1.92%, and it has paid dividends for 10 years in our data.
Is Houlihan Lokey a good stock to buy?
We do not give buy or sell advice. Houlihan Lokey scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.