Houlihan Lokey, Inc.

HLI · NYSE
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Operating Activities
Net Income$111,781$97,533$121,920$95,302
Dep. & Amort.$10,303$15,990$15,409$9,561
Deferred Tax$1,281-$1,281-$6,989$1,333
Stock-Based Comp.$46,632$42,220$44,461$45,586
Change in WC$313,571-$313,571$175,602$97,967
Other Non-Cash-$158,522$27,479$7,981$15,765
Operating Cash Flow$325,046-$131,630$358,384$265,514
Investing Activities
PP&E Inv.-$2,238-$13,185-$14,481-$3,850
Net Acquisitions$0-$725-$478-$36,652
Inv. Purchases-$130,087-$153,089-$135,825-$91,155
Inv. Sales/Matur.$18,047$276,647$44,435$44,259
Other Inv. Act.$0$0$0$0
Investing Cash Flow-$114,278$109,648-$106,349-$87,398
Financing Activities
Debt Repay.$0$0$0$0
Stock Issued$0$0$0$0
Stock Repurch.$7,811-$7,811-$52,188-$86
Dividends Paid-$41,776-$52,476-$38,517-$37,026
Other Fin. Act.-$38,172-$136,341-$380-$247
Financing Cash Flow-$72,137-$196,628-$91,085-$37,359
Forex Effect-$8,629$41,427$13,837-$32,827
Net Chg. in Cash$130,002-$177,183$174,787$107,930
Supplemental Information
Beg. Cash$798,396$975,579$800,792$692,862
End Cash$928,398$798,396$975,579$800,792
Free Cash Flow$322,808-$144,815$343,903$261,664