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Houlihan Lokey HLI Stock-Based Comp

Stock-Based Comp at other companies

Goldman Sachs Group logo
Goldman Sachs GroupGS
$2.53B+4.7%
Evercore logo
EvercoreEVR
$195.78M+31.9%
Jefferies Financial Group logo
Jefferies Financial GroupJEF
$50.67M+42.2%
CBRE Group logo
CBRE GroupCBRE
$48M+129%
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
$23.06M+19.8%
Citizens Financial Group logo
Citizens Financial GroupCFG
$33M+6.5%

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:AllocatedShareBasedCompensationExpense.

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 stock-based comp?
Houlihan Lokey (HLI) reported stock-based comp of $51.53M in Q1 2026.
How has Houlihan Lokey's stock-based comp changed year-over-year?
Houlihan Lokey's stock-based comp increased by 15.9% year-over-year, from $44.46M to $51.53M.
What is the long-term trend for Houlihan Lokey's stock-based comp?
Over 4 years (2022 to 2026), Houlihan Lokey's stock-based comp has grown at a 21.7% compound annual growth rate (CAGR), from $91.88M to $201.3M.
What does stock-based comp mean?
The non-cash cost of paying employees with company stock instead of cash.
How do you interpret stock-based comp?
High levels indicate strong reliance on equity-based incentives, which can impact earnings per share through dilution.
How does stock-based comp compare across companies?
Standardized across public companies, particularly in professional services and technology sectors.