•
Mar 31, 2022

Houlihan Lokey Q4 2022 Earnings Report

Houlihan Lokey reported a decrease in revenue but an increase in FVA revenue for Q4 2022.

Key Takeaways

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.

Q4 2022 revenues decreased by 6% to $471 million compared to Q4 2021.

Q4 2022 diluted EPS was $0.97, compared to $1.44 in Q4 2021.

Adjusted Q4 2022 diluted EPS was $1.30, compared to $1.51 in Q4 2021.

The board of directors increased the quarterly dividend to $0.53 per share.

Total Revenue
$471M
Previous year: $501M
-5.9%
EPS
$1.3
Previous year: $1.51
-13.9%
CF Closed Transactions
144
Previous year: 151
-4.6%
FR Closed Transactions
25
Previous year: 35
-28.6%
FVA Fee Events
999
Previous year: 765
+30.6%
Gross Profit
$178M
Previous year: $184M
-3.3%
Cash and Equivalents
$834M
Previous year: $847M
-1.6%
Free Cash Flow
$63.3M
Previous year: $270M
-76.5%
Total Assets
$2.89B
Previous year: $2.43B
+19.0%

Houlihan Lokey

Houlihan Lokey

Houlihan Lokey Revenue by Segment

Forward Guidance

Houlihan Lokey enters fiscal year 2023 optimistic about the firm’s continued ability to perform in today’s evolving market environment.

Revenue & Expenses

Visualization of income flow from segment revenue to net income