Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
HLI logo HLI
Upturn stock ratingUpturn stock rating
HLI logo

Houlihan Lokey Inc (HLI)

Upturn stock ratingUpturn stock rating
$174.08
Delayed price
Profit since last BUY-0.21%
upturn advisory
Consider higher Upturn Star rating
BUY since 23 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/10/2025: HLI (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 30.43%
Avg. Invested days 50
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/10/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 12.28B USD
Price to earnings Ratio 30.23
1Y Target Price 175.67
Price to earnings Ratio 30.23
1Y Target Price 175.67
Volume (30-day avg) 356776
Beta 0.85
52 Weeks Range 125.43 - 190.24
Updated Date 06/10/2025
52 Weeks Range 125.43 - 190.24
Updated Date 06/10/2025
Dividends yield (FY) 1.36%
Basic EPS (TTM) 5.82

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 16.73%
Operating Margin (TTM) 23.84%

Management Effectiveness

Return on Assets (TTM) 11.44%
Return on Equity (TTM) 19.93%

Valuation

Trailing PE 30.23
Forward PE 23.7
Enterprise Value 11579364309
Price to Sales(TTM) 5.14
Enterprise Value 11579364309
Price to Sales(TTM) 5.14
Enterprise Value to Revenue 4.85
Enterprise Value to EBITDA 19.38
Shares Outstanding 53789900
Shares Floating 53464813
Shares Outstanding 53789900
Shares Floating 53464813
Percent Insiders 0.14
Percent Institutions 101.27

Analyst Ratings

Rating 3.44
Target Price 175.86
Buy 2
Strong Buy 2
Buy 2
Strong Buy 2
Hold 4
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

Houlihan Lokey Inc

stock logo

Company Overview

overview logo History and Background

Houlihan Lokey, founded in 1972, is a global investment bank specializing in mergers and acquisitions, financial restructuring, valuation, and financial advisory services. Initially focused on real estate valuations, it expanded into broader financial advisory services.

business area logo Core Business Areas

  • Corporate Finance: Advises public and private middle-market companies on mergers and acquisitions, divestitures, financings, and capital markets transactions.
  • Financial Restructuring: Provides advice to debtors and creditors in distressed situations, including bankruptcies, workouts, and liquidations.
  • Valuation Advisory: Offers valuation services for financial reporting, tax planning, transaction support, and litigation purposes.

leadership logo Leadership and Structure

Scott Beiser serves as the Chief Executive Officer. The firm is structured with Managing Directors overseeing various industry and service groups. The company operates globally with offices in North America, Europe, and Asia-Pacific.

Top Products and Market Share

overview logo Key Offerings

  • Mergers and Acquisitions (M&A) Advisory: Houlihan Lokey provides M&A advisory services to middle-market companies. They are consistently ranked among the top M&A advisors globally. Competitors include Rothschild & Co, Lazard, and other boutique investment banks. Specific market share data is fluctuating and deal dependent.
  • Financial Restructuring Advisory: Houlihan Lokey is a leading advisor in financial restructuring, advising companies and creditors in complex distressed situations. Competitors include PJT Partners, Evercore, and Moelis & Company. Specific market share data is fluctuating and deal dependent.
  • Valuation Advisory Services: Houlihan Lokey offers a range of valuation services. Competitors include Duff & Phelps, American Appraisal, and large accounting firms. Specific market share data is fluctuating and deal dependent.

Market Dynamics

industry overview logo Industry Overview

The investment banking industry is influenced by economic conditions, interest rates, and regulatory changes. M&A activity, restructuring needs, and demand for valuation services fluctuate with market cycles.

Positioning

Houlihan Lokey positions itself as a leading advisor to middle-market companies, specializing in complex transactions and distressed situations. Their independence and focus on specific niches give them a competitive edge.

Total Addressable Market (TAM)

The global investment banking market is estimated to be in the hundreds of billions of dollars. Houlihan Lokey targets the middle-market segment within this larger TAM. Precise TAM valuation is difficult to obtain due to varying scopes and definitions, but it can be in the tens of billions.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation in middle-market M&A and restructuring
  • Experienced team of professionals
  • Independent advisory model
  • Global presence
  • Diversified service offerings

Weaknesses

  • Dependence on market cycles
  • Smaller scale compared to bulge-bracket banks
  • Potential for deal-related conflicts of interest
  • Reliance on key personnel

Opportunities

  • Expansion into new geographies and industries
  • Growth in private equity activity
  • Increased demand for restructuring services in economic downturns
  • Technological innovation in valuation and financial analysis
  • Strategic alliances and partnerships

Threats

  • Economic downturns and market volatility
  • Increased competition from other investment banks
  • Regulatory changes and compliance costs
  • Loss of key personnel
  • Geopolitical risks

Competitors and Market Share

competitor logo Key Competitors

  • LAZ
  • EVR
  • PJT
  • MOEL
  • RBC

Competitive Landscape

Houlihan Lokey excels in the middle-market M&A and restructuring space. Their independent advisory model distinguishes them from larger, integrated investment banks. They maintain a competitive advantage through specialized expertise and strong relationships.

Major Acquisitions

GCA Savvian Advisors

  • Year: 2021
  • Acquisition Price (USD millions): 563
  • Strategic Rationale: Expanded Houlihan Lokey's technology M&A advisory capabilities.

Growth Trajectory and Initiatives

Historical Growth: Houlihan Lokey has experienced consistent growth in recent years, driven by increasing demand for its advisory services.

Future Projections: Analyst estimates vary, but generally project continued growth for Houlihan Lokey, driven by market trends and strategic initiatives.

Recent Initiatives: Recent initiatives include expanding into new industry verticals, strengthening their international presence, and investing in technology to improve service delivery.

Summary

Houlihan Lokey is a robust investment bank that excels in middle-market M&A, financial restructuring, and valuation services. Its strong brand reputation and experienced team are working very well. Economic downturns and increased competition remain challenges to look out for. The firm's growth trajectory depends on strategic expansions and sustained market demand.

Peer Comparison

EVRratingrating

Evercore Partners Inc

$244.5
Mid-Cap Stock
5.31%
STRONG BUY
BUY since 21 days

EVRratingrating

Evercore Partners Inc

$244.5
Mid-Cap Stock
BUY since 21 days
5.31%
STRONG BUY

LAZratingrating

Lazard Ltd

$42.71
Mid-Cap Stock
-7.91%
WEAK BUY
BUY since 20 days

LAZratingrating

Lazard Ltd

$42.71
Mid-Cap Stock
BUY since 20 days
-7.91%
WEAK BUY

PJTratingrating

PJT Partners Inc

$153.17
Mid-Cap Stock
2.69%
STRONG BUY
BUY since 21 days

PJTratingrating

PJT Partners Inc

$153.17
Mid-Cap Stock
BUY since 21 days
2.69%
STRONG BUY

RBCratingrating

RBC Bearings Incorporated

$332.83
Large-Cap Stock
0%
PASS

RBCratingrating

RBC Bearings Incorporated

$332.83
Large-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Investor Relations Materials
  • Industry Reports
  • Market Research
  • Analyst Estimates

Disclaimers:

This analysis is based on available information and is not financial advice. Market conditions and company performance are subject to change. Consult with a qualified professional before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Houlihan Lokey Inc

Exchange NYSE
Headquaters Los Angeles, CA, United States
IPO Launch date 2015-08-13
CEO & Director Mr. Scott Joseph Adelson
Sector Financial Services
Industry Capital Markets
Full time employees 2702
Full time employees 2702

Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring and liability management, and financial and valuation advisory services worldwide. The company operates in three segments: Corporate Finance (CF), Financial Restructuring (FR), and Financial and Valuation Advisory (FVA). The CF segment offers general financial advisory services; and advises public and private institutions, including financial sponsors on buy-side and sell-side M&A transactions, debt and equity financings in both the private and public markets, and other corporate finance transactions. The FR segment advises debtors, creditors, and other parties-in-interest related to recapitalization/deleveraging transactions. This segment also provides a range of advisory services, including structuring, negotiation, and confirmation of plans of reorganization; structuring and analysis of exchange offers; liability management transactions; corporate viability assessment; dispute resolution and expert testimony; and procuring debtor-in-possession financing. The FVA segment provides valuation services to companies, debt and equity interests including illiquid investments, and other assets and liabilities; offers fairness opinions in connection with M&A and other transactions, solvency opinions in connection with corporate spin-offs and dividend recapitalizations, and other types of financial opinions; and provides dispute resolution services. It serves corporations, financial sponsors, and government agencies. Houlihan Lokey, Inc. was incorporated in 1972 and is headquartered in Los Angeles, California.