Where do Hamilton Lane's ratios come from?

Every ratio is computed from Hamilton Lane's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Hamilton Lane HLNE Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q4 '26	Q3 '26	Q2 '26	Q1 '26	Q4 '25
Profitability
Net margin	32.8%+2.2pp	30.6%-0.5pp	31.1%+0.5pp	30.7%+0.2pp	30.5%-0.6pp
Returns
Return on equity	30.5%-0.1pp	30.6%-1.3pp	31.8%-0.2pp	32%-3.0pp	35%-3.5pp
Return on invested capital	37.4%-6.5pp	43.9%-0.3pp	44.2%+2.9pp	41.3%-1.1pp	42.3%-7.7pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.5×0.0×
Leverage
Debt-to-equity	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.5×0.0×	0.5×-0.1×
Net debt / EBITDA	0.8×+0.7×	0×0.0×	0.1×-0.1×	0.1×-0.1×	0.2×+0.1×
Valuation
Market capitalization	$4.37B-26.0%	$5.91B-0.2%	$5.91B+0.2%	$5.9B-8.4%	$6.44B+4.2%
Price / earnings	17.5×-7.8×	25.3×-0.6×	25.9×-1.9×	27.8×-1.8×	29.6×+0.9×
Price / sales	5.8×-2.0×	7.7×-0.3×	8.1×-0.5×	8.5×-0.5×	9×+0.1×
Price / book	4.8×-2.0×	6.7×-0.4×	7.2×-0.6×	7.8×-1.2×	9×-0.5×
EV / EBITDA	10×-3.7×	13.7×-1.1×	14.8×-1.7×	16.5×-1.1×	17.6×+1.2×
Dividend yield	2%+0.6pp	1.4%+0.1pp	1.4%0.0pp	1.3%+0.2pp	1.2%0.0pp

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Questions, answered.

Where do Hamilton Lane's ratios come from?: Every ratio is computed from Hamilton Lane's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.