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Houlihan Lokey HLI Intangibles (Net)

Intangibles (Net) at other companies

Evercore logo
EvercoreEVR
$25.87M
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Jefferies Financial GroupJEF
$113.22M-46.9%
Jones Lang LaSalle logo
Jones Lang LaSalleJLL
$599.1M-8.3%
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
$3.37B+2.5%
Citizens Financial Group logo
Citizens Financial GroupCFG
$112M-18.2%
Regions Financial logo
Regions FinancialRF
$133M-17.4%

Other financials

Income statement

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Revenue$635.6M-4.6%
Gross profit$230.7M+15.9%
Operating income$125.1M-11.3%
Net income$99.8M-18.1%
EPS (diluted)$1.48-16.4%

Balance sheet

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Cash & equivalents$1.2B+22.5%
Total debt$492.1M+12.3%
Total assets$4.3B+12.8%

Cash flow

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Operating cash flow$293.0M-18.2%
CapEx$6.3M-56.8%
Free cash flow$286.8M-16.6%

Valuation

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Market cap$9.72B-11.5%
Enterprise value$9.02B-13.6%
P/E22.8×-4.7×
P/S3.7×-0.9×

Profitability

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Gross margin32.8%+1.4pp
Operating margin20.1%-0.9pp
Net margin16.3%-0.5pp
FCF margin26%-7.8pp

Returns & leverage

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Return on equity9.5%

Where this comes from

Reported directly by Houlihan Lokey in its filing.

Tagged under the XBRL concept us-gaap:OtherIntangibleAssetsNet.

The official record: Houlihan Lokey’s 10-K, filed May 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Houlihan Lokey's intangibles (net)?
Houlihan Lokey (HLI) reported intangibles (net) of $204.2M in Q1 2026.
How has Houlihan Lokey's intangibles (net) changed year-over-year?
Houlihan Lokey's intangibles (net) decreased by 4.0% year-over-year, from $212.67M to $204.2M.
What is the long-term trend for Houlihan Lokey's intangibles (net)?
Over 5 years (2021 to 2026), Houlihan Lokey's intangibles (net) has grown at a 0.9% compound annual growth rate (CAGR), from $195.16M to $204.2M.
What does intangibles (net) mean?
The value of non-physical assets like client relationships or software acquired from other companies, minus amortization.
How do you interpret intangibles (net)?
A decrease is expected over time due to amortization, while sudden increases usually follow new acquisitions.
How does intangibles (net) compare across companies?
Standard for firms that grow via acquisition; peers report this to show the value of acquired intellectual and client capital.