Houlihan Lokey Inc (HLI) Earnings Report, Financial Results, Financial analysis

Houlihan Lokey Inc reported in the forth quarter of 2023 net earnings per share of $0.94 a decrease by -64.36 % year on year from $2.64 and an improvement of 4.5 % from $0.90 realized in III. Quarter (Dec 31 2022).

*forth quarter of 2023*
Earnings Per Share	Revenues
$ 0.94	$ 445 Mill
$-1.70 -64.36 %	$-26M -5.6 %

Houlihan Lokey Inc 's Revenue fell by -5.6 % in forth quarter of 2023 (Mar 31 2023) year on year, to $445 million and declined by -2.57 % sequentially.

Houlihan Lokey Inc is Expected to report next financial results on August 03, 2023.

More on HLI's Income Statement

HLI's NET INCOME

Houlihan Lokey Inc 's net income of $59.660 million in the forth quarter of 2023 decreased by -66.49 % from net earnings of $178.056 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -5.38 % from net income of $63.051 million realized in previous quarter.

More on HLI's Growth

Houlihan Lokey Inc Inventories
HLI's Cash flow In theforth quarter of 2023 company's net cash flow was $165 million, capital expenditures fell by 1,594.94%, to $-19 millions compare to same quarter a year ago and fell by 37.80% from III. Quarter (Dec 31 2022).

More on HLI's Cash flow Statement

Earnings quality

Houlihan Lokey Inc payed out dividend of $2.03 per share in last 52 weeks representing 54.28 % of net earning per share in trailing twelve-month period.

During the same period Houlihan Lokey Inc earned $ 2.02 cash per share, on a free-cash flow basis 53.89 % of net earning per share.

Book value grew by 7.99 % sequentially to $23.86 per share, 72.74% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 4.76 per share from $ 3.95.

Company repurchased 2.11 million shares or 3.03 % in Mar 31 2023.
Debt Coverage Ratio was 960.

• More on HLI's Dividends

Market Capitalization (Millions)	5,994
Shares Outstanding (Millions)	68
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	1,809
Net Income (TTM) (Millions $)	254
Cash Flow (TTM) (Millions $)	-119
Capital Exp. (TTM) (Millions $)	-51
Dividend TTM ($)	2.03 $
Dividend Yield TTM (%)	2.15 %
Employees (TTM) $	400

Earnings quality

Houlihan Lokey Inc payed out dividend of $2.03 per share in the last 52 weeks representing 54.28 % of net earning per share in trailing twelve-month period.

During the same period Houlihan Lokey Inc had $ 2.02 cash flow per share, on a free-cash flow basis 53.89 % of net earning per share.

Book value grew by 7.99 % sequentially to $23.86 per share, 72.74% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 4.76 per share from $ 3.95.

Company repurchased 2.11 million shares or 3.03 % in Mar 31 2023.
Debt Coverage Ratio was 960.

• More on HLI's Balance Sheets

Market Capitalization (Millions)	5,994
Shares Outstanding (Millions)	68
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	1,809
Net Income (TTM) (Millions $)	254
Cash Flow (TTM) (Millions $)	-119
Capital Exp. (TTM) (Millions $)	-51
Dividend TTM ($)	2.03 $
Dividend Yield TTM (%)	2.15 %
Employees (TTM) $	400

Houlihan Lokey Inc

HLI's Financial Statements and Analysis