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Mar 31, 2021

Houlihan Lokey Q4 2021 Earnings Report

Houlihan Lokey's Q4 2021 financial results reflected revenue growth and increased profitability.

Key Takeaways

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.

Revenues increased 65% to $501 million compared to Q4 2020.

Diluted EPS reached $1.44, up from $0.90 in the prior year.

Adjusted diluted EPS was $1.51, compared to $0.96 in Q4 2020.

The company announced a 30% increase in the quarterly dividend to $0.43 per share.

Total Revenue
$501M
Previous year: $303M
+65.4%
EPS
$1.51
Previous year: $0.96
+57.3%
CF Closed Transactions
151
Previous year: 84
+79.8%
FR Closed Transactions
35
Previous year: 29
+20.7%
FVA Fee Events
765
Previous year: 624
+22.6%
Gross Profit
$184M
Previous year: $116M
+58.3%
Cash and Equivalents
$847M
Previous year: $380M
+122.6%
Free Cash Flow
$270M
Previous year: $173M
+55.6%
Total Assets
$2.43B
Previous year: $1.68B
+44.7%

Houlihan Lokey

Houlihan Lokey

Houlihan Lokey Revenue by Segment

Forward Guidance

This press release contains forward-looking statements that involve known and unknown risks, uncertainties, and other factors. The company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Revenue & Expenses

Visualization of income flow from segment revenue to net income