Houlihan Lokey Earnings Reports

Houlihan Lokey reported record fiscal year 2025 revenues and strong fourth-quarter results across all three business segments, driven by favorable market conditions and increased transaction activity.

Houlihan Lokey reported strong Q3 fiscal 2025 results, with revenues increasing to $634 million and diluted EPS reaching $1.39. The company saw growth across all its business lines, driven by favorable market conditions. Management expressed optimism for the remainder of the fiscal year and a positive outlook for fiscal 2026.

Houlihan Lokey reported a strong second quarter in fiscal year 2025, with revenues reaching $575 million compared to $467 million in the same quarter of the previous year. The company's diluted EPS increased to $1.37, and adjusted diluted EPS was $1.46. All three business lines contributed to this growth, and the company anticipates a positive outlook for the second half of fiscal 2025.

Houlihan Lokey reported revenues of $514 million and diluted EPS of $1.30 for the first quarter of fiscal year 2025. The company experienced revenue growth of 24% compared to the same quarter last year, driven by improvements in M&A activity. The Corporate Finance business had its strongest first quarter ever, while Financial Restructuring had its second-strongest. Financial and Valuation Advisory is seeing increased momentum.

Houlihan Lokey reported a strong fourth quarter with revenues of $520 million, a 17% increase compared to the same quarter last year. Diluted EPS stood at $1.18, and adjusted diluted EPS was $1.27. The company's diversified business model and stability contributed to these results. The board also announced an increase in the quarterly dividend to $0.57 per share.

Houlihan Lokey reported a revenue increase to $511 million for Q3 2024, up from $456 million in Q3 2023. Diluted EPS stood at $1.04, with adjusted diluted EPS at $1.22. The company was recognized as a top M&A and restructuring advisor globally.

Houlihan Lokey reported Q2 2024 revenues of $467 million, a decrease from $490 million in Q2 2023. Diluted EPS was $0.99, compared to $0.87 in the prior year, while adjusted diluted EPS was $1.11, down from $1.19 in the previous year. The company's Corporate Finance revenues decreased, while Financial Restructuring revenues increased.

Houlihan Lokey reported first quarter fiscal 2024 revenues of $416 million, a slight decrease compared to $419 million in the same period last year. Diluted EPS was $0.90, while adjusted diluted EPS was $0.89. The company saw strength in financial restructuring offset by softness in the M&A market.

Houlihan Lokey reported a decrease in revenues for both the fiscal year and fourth quarter ended March 31, 2023. FY23 revenues were $1.81 billion, a 20% decrease from the previous year. Q4 2023 revenues were $445 million, a 6% decrease compared to Q4 2022. Diluted EPS for Q4 2023 was $1.10, while adjusted diluted EPS was $1.11. The company announced an increase in the quarterly dividend to $0.55 per share.

Houlihan Lokey reported Q3 2023 revenues of $456 million and diluted EPS of $0.90. The firm was recognized as the #1 M&A advisor globally based on the number of completed transactions, the #1 restructuring advisor globally based on both the number of completed transactions and value, and the #1 most active fairness opinion advisor by volume for the past 25 years, per Refinitiv.

Houlihan Lokey reported Q2 2023 revenues of $490 million, a decrease from $537 million in Q2 2022. Diluted EPS was $0.87, compared to $1.65 in the prior year. Adjusted diluted EPS was $1.19, versus $1.71 in the same period last year. Growth in Financial Restructuring and Financial and Valuation Advisory partly offset headwinds in Corporate Finance.

Houlihan Lokey reported first quarter fiscal 2023 financial results with revenues of $419 million and diluted EPS of $1.03. The company's diversified business model performed as expected, with a slowdown in global M&A closings offset by healthy new business activity in corporate finance and financial and valuation advisory segments. The company is also seeing a meaningful increase in distressed business opportunities.

Houlihan Lokey's Q4 2022 revenues decreased by 6% to $471 million compared to Q4 2021. Diluted EPS was $0.97, while adjusted diluted EPS was $1.30. The company announced an increase in the quarterly dividend to $0.53 per share and a replacement share repurchase program of up to $500 million.

Houlihan Lokey reported strong financial results for Q3 2022, with revenues of $889 million and diluted EPS of $2.54. The company highlighted its leading position in Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.

Houlihan Lokey reported strong second quarter fiscal 2022 results, with revenues reaching $537 million and diluted EPS of $1.65. Adjusted diluted EPS stood at $1.71. The company also announced a dividend of $0.43 per share for the third quarter of fiscal 2022.

Houlihan Lokey reported first quarter fiscal 2022 revenues of $373 million and diluted EPS of $1.25. The company's bull/bear, cyclically balanced model performed as expected, and they announced an acquisition agreement with GCA Corporation.

Houlihan Lokey reported a strong fourth quarter with revenues increasing by 65% to $501 million compared to the prior year. Diluted EPS stood at $1.44, and adjusted diluted EPS reached $1.51. The company's performance was driven by growth across all its product lines.

Houlihan Lokey reported record financial results for the third quarter of fiscal year 2021, with revenues reaching $538 million and diluted EPS of $1.71. The company saw significant growth in all three business segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory. The Board of Directors also announced a dividend of $0.33 per share and an increase in the share repurchase program to $200 million.

Houlihan Lokey reported revenues of $276 million for the second quarter of fiscal year 2021, compared to $273 million for the same period in the previous year. Net income increased to $49 million, or $0.70 per diluted share, from $33 million, or $0.50 per diluted share, in the prior year. Adjusted diluted EPS was $0.75, compared to $0.70 in the prior year.

Houlihan Lokey reported a decrease in revenues to $211 million compared to $250 million in the same quarter last year. However, net income increased to $46 million, or $0.69 per diluted share, compared to $43 million, or $0.65 per diluted share, for the same quarter last year. The decrease in revenues was mainly due to decreased Corporate Finance revenues, partially offset by increased Financial Restructuring revenues.

Houlihan Lokey reported a 4% increase in revenues for the fourth quarter of fiscal year 2020, reaching $303 million compared to $291 million in the same period of the previous year. Diluted EPS stood at $0.90, while adjusted diluted EPS reached $0.96. The company's performance was impacted by the onset of the COVID-19 crisis towards the end of the quarter.

Houlihan Lokey reported an 11.9% increase in revenues to $334 million for the third quarter ended December 31, 2019, compared to $298 million for the same period in 2018. Net income increased to $49 million, or $0.75 per diluted share, compared to $44 million, or $0.67 per diluted share, for the third quarter ended December 31, 2018. Adjusted net income was $58 million, or $0.88 per diluted share, compared to $51 million, or $0.77 per diluted share, for the third quarter ended December 31, 2018.