Houlihan Lokey, Inc. Website

Houlihan Lokey, Inc.

NYSE-HLI

Income Statement
Mar '15
Mar '16
Mar '17
Mar '18
Mar '19
Mar '20
Mar '21
Mar '22
Mar '23
Mar '24
LTM

Operating Revenues

1,159.4

1,525.5

2,270

1,809.4

1,914.4

2,012.2

Interest And Invest. Income

—

—

-0.5

-0.5

-0.2

-0.1

-0.1

—

Other Revenues, Total

—

—

—

—

—

—

—

—

—

—

-0.2

Total Revenues

1,158.8

1,525

2,269.8

1,809.3

1,914.3

2,012

Total Revenues % Chg.

6.9%

31.6%

48.8%

-20.3%

5.8%

11.4%

Cost of Goods Sold, Total

68.8

38.2

64.2

105.2

125.5

130.6

Gross Profit

1,090

1,486.8

2,205.6

1,704.1

1,788.8

1,881.4

Selling General & Admin Expenses, Total

804.2

1,035.1

1,494.7

1,236.7

1,338.7

1,406.2

Provision for Bad Debts

—

—

—

—

—

—

—

—

—

—

Depreciation & Amortization

17.3

15.2

48.5

58.2

28.5

30.9

Other Operating Expenses

39.5

28.9

45.4

64

59.7

59.7

Other Operating Expenses, Total

861

1,079.2

1,588.7

1,358.9

1,427

1,496.8

Operating Income

229

407.6

616.9

345.3

361.8

384.6

Income (Loss) On Equity Invest.

—

—

—

—

—

—

—

—

Currency Exchange Gains (Loss)

—

—

—

—

0

0.1

-0.6

Other Non Operating Income (Expenses)

5.4

2

-1.6

-15.5

17.5

18.5

EBT, Excl. Unusual Items

234.4

409.6

615.3

329.8

379.3

402.5

Gain (Loss) On Sale Of Investments

—

—

—

—

0.1

0.1

-4.2

-3.7

0.9

1.2

Other Unusual Items

—

—

—

1.2

-0.5

-7.1

-2.1

10.4

10.4

EBT, Incl. Unusual Items

235.6

409.2

603.9

324

390.5

414.1

Income Tax Expense

51.9

96.5

165.6

69.8

110.2

106.2

Earnings From Continuing Operations

183.8

312.8

438.3

254.2

280.3

307.9

Minority Interest

—

—

—

—

—

-0.6

—

—

—

Net Income

183.8

312.8

437.8

254.2

280.3

307.9

Net Income to Common Incl Extra Items

183.8

312.8

437.8

254.2

280.3

307.9

Net Income to Common Excl. Extra Items

183.8

312.8

437.8

254.2

280.3

307.9

Total Shares Outstanding

65.5

68.2

67.5

68.7

69.1

69.5

Weighted Avg. Shares Outstanding

62.2

65.8

65

63.4

64.3

64.6

Weighted Avg. Shares Outstanding Dil

65.7

68.7

68.3

67.6

68.2

68.3

EPS

3

4.8

6.7

4

4.4

4.8

EPS Diluted

2.8

4.5

6.4

3.8

4.1

4.5

Effective Tax Rate

22%

23.6%

27.4%

21.5%

28.2%

25.7%