Houlihan Lokey, Inc.
HLI · NYSE
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $112 | $98 | $122 | $95 |
| Dep. & Amort. | $10 | $16 | $15 | $10 |
| Deferred Tax | $1 | -$1 | -$7 | $1 |
| Stock-Based Comp. | $47 | $42 | $44 | $46 |
| Change in WC | $314 | -$314 | $176 | $98 |
| Other Non-Cash | -$159 | $27 | $8 | $16 |
| Operating Cash Flow | $325 | -$132 | $358 | $266 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$2 | -$13 | -$14 | -$4 |
| Net Acquisitions | $0 | -$1 | -$0 | -$37 |
| Inv. Purchases | -$130 | -$153 | -$136 | -$91 |
| Inv. Sales/Matur. | $18 | $277 | $44 | $44 |
| Other Inv. Act. | $0 | $0 | $0 | $0 |
| Investing Cash Flow | -$114 | $110 | -$106 | -$87 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | $0 | $0 | $0 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | $8 | -$8 | -$52 | -$0 |
| Dividends Paid | -$42 | -$52 | -$39 | -$37 |
| Other Fin. Act. | -$38 | -$136 | -$0 | -$0 |
| Financing Cash Flow | -$72 | -$197 | -$91 | -$37 |
| Forex Effect | -$9 | $41 | $14 | -$33 |
| Net Chg. in Cash | $130 | -$177 | $175 | $108 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $798 | $976 | $801 | $693 |
| End Cash | $928 | $798 | $976 | $801 |
| Free Cash Flow | $323 | -$145 | $344 | $262 |