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HLI Price Correlated With Financials For Houlihan Lokey

Free historical financial statements for Houlihan Lokey Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 26 quarters since 2016. Compare with HLI stock chart to see long term trends.

HLI Stock Compared to Quarterly

HLI Income Statement

Revenue, Net:489537000
Revenue Per Share:7.7186
Gross Profit:137526000
Total Operating Expenses:400166000
Operating Income:89371000
Income Taxes:23537000
Net Income:60730000
Earnings Per Share, Basic:0.96
Shares Outstanding, Basic Avg:63422701

HLI Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:19475000
Change in Accounts Receiveable:5257000
Net Cash from Operations:85103000
Net Cash from Operations Per Share:1.3418
Cash Dividends Paid:33322000
Net Cash from Financing Activities:-45266000
Property, Plant & Equipment Purchases:13311000
Net Cash from Investing Activities:-14737000
Net Change in Cash & Equivalents:14857000

HLI Balance Sheet

Cash and Cash Equivalents:504179000
Property, Plant & Equipment, Net:62206000
Total Assets:2510199000
Total Liabilities:1063531000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
4,988,205 sh
-41,670 sh
-1%
$376,011
-$20,996
Blackrock Inc.
3,808,002 sh
85,020 sh
2%
$287,046
-$6,809
Earnest Partners LLC
3,686,423 sh
166,725 sh
5%
$277,883
-$31,146
Alliancebernstein L.P.
2,407,948 sh
-6,352 sh
0%
$181,511
-$9,050
Burgundy Asset Management Ltd.
1,583,863 sh
-41,681 sh
-3%
$119,392
-$8,912
Bank Of America Corp /De/
1,420,037 sh
-20,053 sh
-1%
$107,042
-$6,625
Bamco Inc /Ny/
1,300,895 sh
 
$98,061
Geode Capital Management, LLC
1,138,671 sh
-29,454 sh
-3%
$85,833
-$6,408
Neuberger Berman Group LLC
1,106,274 sh
-11,677 sh
-1%
$83,391
-$4,849
State Street Corp
1,081,366 sh
-152 sh
0%
$81,513
-$3,851
Ameriprise Financial Inc
979,156 sh
37,101 sh
4%
$73,810
-$539
Fiduciary Management Inc /Wi/
978,848 sh
-7,817 sh
-1%
$73,786
-$4,091
First Trust Advisors Lp
901,547 sh
37,742 sh
4%
$67,959
-$221
Dimensional Fund Advisors LP
841,540 sh
21,946 sh
3%
$63,437
-$1,255
Northern Trust Corp
745,057 sh
-26,620 sh
-3%
$56,163
-$11,591
Thrivent Financial For Lutherans
738,261 sh
387,692 sh
111%
$55,650
$27,979
Van Berkom & Associates Inc.
712,575 sh
-28,366 sh
-4%
$53,714
-$11,341
Wells Fargo & Company/Mn
668,134 sh
-98,098 sh
-13%
$50,364
-$16,911
Citadel Advisors LLC
654,691 sh
650,691 sh
16267%
$49,350
$49,034
GW&K Investment Management, LLC
642,568 sh
38,231 sh
6%
$48,437
$737
COMPANY PROFILE
Background Houlihan Lokey, Inc. ("Houlihan Lokey," or "HL, Inc." also referred to as the "Company," "we," "our," or "us") is a Delaware corporation that controls the following primary subsidiaries:

• Houlihan Lokey Capital, Inc., a California corporation ("HL Capital, Inc."), is a wholly owned direct subsidiary of HL, Inc. HL Capital, Inc. is registered as a broker-dealer under Section 15(b) of the Securities Exchange Act of 1934 and a member of Financial Industry Regulatory Authority, Inc.

• Houlihan Lokey Financial Advisors, Inc., a California corporation ("HL FA, Inc."), is a wholly owned direct subsidiary of HL, Inc.

• HL Finance, LLC ("HL Finance"), a syndicated leveraged finance platform established to arrange senior secured leveraged loans for financial sponsor-backed, privately-held, and public corporate entities. HL Finance acts as an arranger on syndicated loan transactions and has entered into an agreement with an unaffiliated third party investor that may provide commitments with respect to certain syndicated loans arranged by HL Finance.

• Houlihan Lokey EMEA, LLP, a limited liability partnership registered in England ("HL EMEA, LLP"), is an indirect subsidiary of HL, Inc. HL EMEA, LLP is regulated by the Financial Conduct Authority in the United Kingdom ("U.K.").

On August 18, 2015, the Company successfully completed an initial public offering ("IPO") of its Class A common stock. Expenses related to the IPO recorded in the consolidated statements of comprehensive income include the following:

• $0, $14,289 and $14,045 of compensation expenses associated with the amortization of restricted stock granted in connection with the IPO for the years ended March 31, 2021, 2020, and 2019, respectively; amortization expense of restricted stock granted in connection with the IPO is being recognized over a four and one-half year vesting period; and

• $0, $10,035 and $10,273 of compensation expenses associated with the accrual of certain deferred cash payments granted in connection with the IPO for the years ended March 31, 2021, 2020, and 2019, respectively; accrual expense of deferred cash payments granted in connection with the IPO is being recognized over a four and one-half year vesting period.

In connection with the IPO, the HL Holders deposited their shares of HL, Inc. Class B common stock into a voting trust (the "HL Voting Trust") and own such common stock through the HL Voting Trust.

In April 2018, the Company completed the acquisition of Quayle Munro Limited, an independent advisory firm that provides corporate finance advisory services to companies underpinned by data & analytics, content, software, and services.

In May 2018, the Company completed the acquisition of BearTooth Advisors, an independent advisory business providing strategic advisory and placement agency services to alternative investment managers.

In June 2019, the Company exercised its option to acquire the remaining 51% of the shares of Lara (Italy Holdco) Limited ("Lara"). Lara's only operating subsidiary, Houlihan Lokey S.p.A., is an Italian-based company that provides corporate finance advisory services.

In November 2019, the Company completed the acquisition of Fidentiis Capital, an independent advisory business providing independent corporate finance advisory services relating to mergers and acquisitions, capital raising, and financing.

In December 2019, the Company completed the acquisition of Freeman & Co., an independent advisory business providing mergers and acquisitions advisory, capital raising, and other investment banking advisory services for the financial services sector.

In August 2020, the Company completed the acquisition of MVP Capital, LLC ("MVP"), an independent advisory firm that provides a range of financial advisory services to clients in the technology, media, and telecommunications sectors.

The Company offers financial services and financial advice to a broad clientele located throughout the United States o

Data imported from Houlihan Lokey Inc SEC filings. Check original filings before making any investment decision.