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Mar 31, 2024

Houlihan Lokey Q4 2024 Earnings Report

Houlihan Lokey's Q4 2024 financial performance reflected revenue growth and strategic expense management.

Key Takeaways

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.

Revenues for the fourth quarter reached $520 million, a 17% increase year-over-year.

Diluted EPS for the quarter was reported at $1.18, while adjusted diluted EPS was $1.27.

Corporate Finance revenues increased by 12%, Financial Restructuring revenues increased by 29%, and Financial and Valuation Advisory revenues increased by 14%.

The company's Board of Directors increased the quarterly cash dividend to $0.57 per share.

Total Revenue
$520M
Previous year: $445M
+17.0%
EPS
$1.27
Previous year: $1.11
+14.4%
CF Closed Transactions
121
Previous year: 140
-13.6%
FR Closed Transactions
35
Previous year: 38
-7.9%
FVA Fee Events
1.03K
Previous year: 957
+7.1%
Gross Profit
$125M
Previous year: $162M
-22.9%
Cash and Equivalents
$722M
Previous year: $714M
+1.0%
Free Cash Flow
$213M
Previous year: $219M
-2.7%
Total Assets
$3.17B
Previous year: $2.97B
+6.8%

Houlihan Lokey

Houlihan Lokey

Houlihan Lokey Revenue by Segment

Forward Guidance

Houlihan Lokey enters fiscal year 2025 with business momentum and a talented workforce but remains realistic about the pace of recovery in the M&A environment.

Revenue & Expenses

Visualization of income flow from segment revenue to net income