8-K Announcements
6Feb 20, 2026·SEC
Feb 3, 2026·SEC
Nov 4, 2025·SEC
Hamilton Lane Incorporated (HLNE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Hamilton Lane Incorporated (HLNE) stock price & volume — 10-year historical chart
Hamilton Lane Incorporated (HLNE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Hamilton Lane Incorporated (HLNE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 3, 2026 | $1.55vs $1.35+14.8% | $199Mvs $196M+1.6% |
| Q4 2025 | Nov 4, 2025 | $1.54vs $1.08+42.6% | $191Mvs $185M+3.3% |
| Q3 2025 | Aug 5, 2025 | $1.31vs $0.98+33.7% | $176Mvs $169M+4.0% |
| Q2 2025 | May 29, 2025 | $1.21vs $1.17+3.4% | $198Mvs $171M+16.0% |
Hamilton Lane Incorporated (HLNE) competitors in Alternative asset managers — business model, growth, and fundamentals comparison
Hamilton Lane Incorporated (HLNE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Hamilton Lane Incorporated (HLNE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -14.24M | -5.46M | -2.78M | -2.11M | -827K | -4.14M | -3.5M | -1.17M | -5.25M | -6.2M |
| NII Growth % | -14.45% | 61.66% | 49.02% | 24.32% | 60.75% | -400.36% | 15.35% | 66.69% | -350.13% | -133.96% |
| Net Interest Margin % | -5.92% | -1.86% | -0.77% | -0.44% | -0.07% | -0.32% | -0.31% | -0.09% | -0.31% | -0.29% |
| Interest Income | 320K | 528K | 255K | 709K | 1.68M | 500K | 5.11M | 10.01M | 8.08M | 9.15M |
| Interest Expense | 14.56M | 5.99M | 3.04M | 2.82M | 2.5M | 4.63M | 8.62M | 11.18M | 13.33M | 15.35M |
| Loan Loss Provision | 57.55M | 76.88M | 95.96M | 82.95M | 133.82M | 103.76M | 140.7M | 155.22M | 194.89M | 174.31M |
| Non-Interest Income | 179.5M | 243.5M | 251.92M | 273.34M | 339.96M | 367.42M | 523.64M | 543.83M | 704.88M | 698.1M |
| Non-Interest Income % | 99.82% | 99.78% | 99.9% | 99.74% | 99.51% | 99.86% | 99.03% | 98.19% | 98.87% | 98.71% |
| Total Revenue | 179.82M▲ 0% | 244.03M▲ 35.7% | 252.18M▲ 3.3% | 274.05M▲ 8.7% | 341.63M▲ 24.7% | 367.92M▲ 7.7% | 528.75M▲ 43.7% | 553.84M▲ 4.7% | 712.96M▲ 28.7% | 707.25M▲ 0% |
| Revenue Growth % | -0.54% | 35.71% | 3.34% | 8.67% | 24.66% | 7.69% | 43.71% | 4.74% | 28.73% | 19% |
| Non-Interest Expense | 31.59M | 38.21M | 48.96M | 71.86M | 49.59M | 89.96M | 139.4M | 141.63M | 188.19M | 209.24M |
| Efficiency Ratio | 17.57% | 15.66% | 19.41% | 26.22% | 14.51% | 24.45% | 26.36% | 25.57% | 26.4% | 29.58% |
| Operating Income | 76.11M▲ 0% | 122.95M▲ 61.5% | 104.22M▼ 15.2% | 116.43M▲ 11.7% | 155.73M▲ 33.8% | 169.56M▲ 8.9% | 240.04M▲ 41.6% | 245.82M▲ 2.4% | 316.55M▲ 28.8% | 308.35M▲ 0% |
| Operating Margin % | 42.33% | 50.38% | 41.33% | 42.48% | 45.58% | 46.09% | 45.4% | 44.38% | 44.4% | 43.6% |
| Operating Income Growth % | 23.1% | 61.54% | -15.23% | 11.71% | 33.75% | 8.88% | 41.56% | 2.41% | 28.77% | - |
| Pretax Income | 74.75M▲ 0% | 139.63M▲ 86.8% | 129.56M▼ 7.2% | 140.74M▲ 8.6% | 193.2M▲ 37.3% | 313.68M▲ 62.4% | 242.61M▼ 22.7% | 281.66M▲ 16.1% | 362.28M▲ 28.6% | 377.22M▲ 0% |
| Pretax Margin % | 41.57% | 57.22% | 51.38% | 51.36% | 56.55% | 85.26% | 45.88% | 50.86% | 50.81% | 53.34% |
| Income Tax | 316K | 33.33M | 30.56M | 13.97M | 24.42M | 66.42M | 55.42M | 54.45M | 48.51M | 65.53M |
| Effective Tax Rate % | 0.42% | 23.87% | 23.59% | 9.92% | 12.64% | 21.18% | 22.85% | 19.33% | 13.39% | 17.37% |
| Net Income | 612K▲ 0% | 17.34M▲ 2733.5% | 33.57M▲ 93.6% | 60.83M▲ 81.2% | 98.02M▲ 61.2% | 145.99M▲ 48.9% | 109.12M▼ 25.3% | 140.86M▲ 29.1% | 217.42M▲ 54.4% | 206.29M▲ 0% |
| Net Margin % | 0.34% | 7.11% | 13.31% | 22.2% | 28.69% | 39.68% | 20.64% | 25.43% | 30.49% | 29.17% |
| Net Income Growth % | - | 2733.5% | 93.6% | 81.17% | 61.15% | 48.93% | -25.25% | 29.09% | 54.35% | -6.18% |
| Net Income (Continuing) | 74.44M | 106.3M | 99M | 126.78M | 168.78M | 247.25M | 187.19M | 227.21M | 313.77M | 311.69M |
| EPS (Diluted) | 0.03▲ 0% | 0.91▲ 2933.3% | 1.38▲ 51.6% | 2.14▲ 55.1% | 2.81▲ 31.3% | 3.98▲ 41.6% | 3.01▼ 24.4% | 3.69▲ 22.6% | 5.41▲ 46.6% | 3.79▲ 0% |
| EPS Growth % | -99.1% | 2933.33% | 51.65% | 55.07% | 31.31% | 41.64% | -24.37% | 22.59% | 46.61% | -12.96% |
| EPS (Basic) | 0.03 | 0.94 | 1.41 | 2.17 | 2.82 | 4.02 | 3.05 | 3.72 | 5.45 | - |
| Diluted Shares Outstanding | 18.34M | 18.99M | 24.3M | 28.44M | 33.36M | 53.67M | 53.7M | 53.9M | 47.73M | 54.5M |
Hamilton Lane Incorporated (HLNE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 32.29M | 47.6M | 49.36M | 50.12M | 87.34M | 72.17M | 111.75M | 114.63M | 277.27M | 1.17B |
| Cash & Due from Banks | 32.29M | 47.6M | 49.36M | 50.12M | 87.34M | 72.17M | 111.75M | 114.63M | 277.27M | 338.5M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 120.15M | 137.25M | 154.49M | 207.75M | 373.62M | 513.83M | 587.97M | 632.27M | 761.05M | 0 |
| Investments Growth % | 16.93% | 14.24% | 12.56% | 34.47% | 79.85% | 37.52% | 14.43% | 7.54% | 20.37% | 8.11% |
| Long-Term Investments | 120.15M | 137.25M | 154.49M | 207.75M | 373.62M | 513.83M | 587.97M | 632.27M | 761.05M | 2.66B |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 51.87M | 47.14M | 108.29M | 181.41M | 0 |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 11.87M | 22.13M | 15.85M | 14.15M | 12.45M | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 3.94M | 9.57M | 9.57M | 9.57M | 9.57M | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 7.92M | 12.57M | 6.29M | 4.58M | 2.88M | 0 |
| PP&E (Net) | 4.06M | 4.78M | 8.11M | 16.98M | 87.69M | 94.48M | 90.75M | 95.44M | 99M | 63.67M |
| Other Assets | 3.03M | 8.54M | 11.01M | 17.68M | 7.17M | 6.65M | 29.34M | 20.32M | 16.84M | 0 |
| Total Current Assets | 52.15M | 69.84M | 79.25M | 93.19M | 404.22M | 412.81M | 182.72M | 247.13M | 492.49M | 338.5M |
| Total Non-Current Assets | 188.46M | 223.95M | 281.34M | 380.34M | 732.3M | 882.13M | 957.82M | 1.02B | 1.2B | 63.67M |
| Total Assets | 240.62M▲ 0% | 293.8M▲ 22.1% | 360.59M▲ 22.7% | 473.53M▲ 31.3% | 1.14B▲ 140.0% | 1.29B▲ 13.9% | 1.14B▼ 11.9% | 1.27B▲ 11.5% | 1.69B▲ 33.0% | 2.17B▲ 0% |
| Asset Growth % | 22.37% | 22.1% | 22.74% | 31.32% | 140.01% | 13.94% | -11.92% | 11.46% | 32.97% | 139.8% |
| Return on Assets (ROA) | 0.28% | 6.49% | 10.26% | 14.58% | 12.18% | 12.01% | 8.96% | 11.68% | 14.68% | 9.5% |
| Accounts Payable | 1.37M | 1.7M | 2.62M | 1.97M | 2.17M | 2.83M | 4.56M | 4.5M | 5.47M | 5.03M |
| Total Debt | 84.31M | 84.16M | 70.95M | 84.71M | 238.46M | 253.57M | 292.35M | 275.19M | 368.32M | 0 |
| Net Debt | 52.02M | 36.57M | 21.6M | 34.58M | 151.12M | 181.4M | 180.6M | 160.56M | 91.05M | -338.5M |
| Long-Term Debt | 84.31M | 84.16M | 70.95M | 74.52M | 163.18M | 171.33M | 213.53M | 196.16M | 290.3M | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 10.03M | 15.75M | 21.2M | 32.94M | 82.85M | 80.46M | 63.97M | 72.68M | 104.98M | 839.73M |
| Total Current Liabilities | 14.48M | 51.56M | 95.01M | 114.78M | 225.01M | 223.43M | 210.03M | 247.37M | 293.16M | 5.03M |
| Total Non-Current Liabilities | 139.5M | 106.16M | 95.86M | 121.35M | 321.3M | 334.03M | 356.32M | 347.87M | 473.3M | 839.73M |
| Total Liabilities | 153.99M | 157.72M | 190.87M | 236.13M | 546.32M | 557.46M | 566.35M | 595.24M | 766.46M | 844.76M |
| Total Equity | 86.63M▲ 0% | 136.07M▲ 57.1% | 169.72M▲ 24.7% | 237.4M▲ 39.9% | 590.2M▲ 148.6% | 737.49M▲ 25.0% | 574.19M▼ 22.1% | 675.96M▲ 17.7% | 923.89M▲ 36.7% | 1.33B▲ 0% |
| Equity Growth % | 177.39% | 57.08% | 24.73% | 39.88% | 148.61% | 24.96% | -22.14% | 17.72% | 36.68% | 169.96% |
| Equity / Assets (Capital Ratio) | 36% | 46.32% | 47.07% | 50.13% | 51.93% | 56.95% | 50.34% | 53.17% | 54.66% | 61.09% |
| Return on Equity (ROE) | 0.71% | 15.57% | 21.96% | 29.88% | 23.69% | 21.99% | 16.64% | 22.53% | 27.18% | 15.56% |
| Book Value per Share | 4.72 | 7.17 | 6.98 | 8.35 | 17.69 | 13.74 | 10.69 | 12.54 | 19.36 | 24.33 |
| Tangible BV per Share | 4.72 | 7.17 | 6.98 | 8.35 | 17.33 | 13.33 | 10.40 | 12.28 | 19.10 | 24.33 |
| Common Stock | 47K | 48K | 51K | 52K | 53K | 53K | 54K | 55K | 55K | 56K |
| Additional Paid-in Capital | 61.84M | 73.83M | 92.48M | 107.73M | 150.56M | 161.68M | 171.57M | 208.4M | 261.86M | 0 |
| Retained Earnings | 612K | 4.55M | 17.69M | 47.09M | 87.51M | 185.15M | 243.82M | 316.7M | 455.51M | 571.04M |
| Accumulated OCI | -311K | 0 | 7K | -78K | 0 | 0 | 0 | 0 | -141K | 1.15M |
| Treasury Stock | -2.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hamilton Lane Incorporated (HLNE) cash flow — operating, investing & free cash flow history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 81.68M | 96.69M | 111.62M | 116.37M | 188.16M | 169.52M | 226.59M | 120.85M | 323.52M | 323.52M |
| Operating CF Growth % | -25.19% | 18.38% | 15.44% | 4.26% | 61.69% | -9.9% | 33.66% | -46.66% | 167.7% | 186% |
| Net Income | 74.44M | 106.3M | 99M | 126.78M | 168.78M | 247.25M | 187.19M | 227.21M | 217.42M | 206.29M |
| Depreciation & Amortization | 1.92M | 1.89M | 2.98M | 3.29M | 4.13M | 5.5M | 7.44M | 8.19M | 9.28M | 9.69M |
| Deferred Taxes | 26K | 22.98M | 21.66M | 7.93M | 7.03M | 23.94M | 20.43M | 16.7M | 0 | 26.09M |
| Other Non-Cash Items | 2.32M | -4.72M | -13.85M | -13.9M | -27.99M | -87.68M | 25.39M | -101.01M | 157.68M | 29.4M |
| Working Capital Changes | -1.7M | -35.3M | -4.55M | -14.91M | 29.12M | -26.9M | -23.81M | -42.36M | -60.86M | -59.9M |
| Cash from Investing | -16.71M | -21.77M | -19.21M | -49.9M | -421.78M | -70.49M | 177.91M | -122.18M | -139.81M | -410.72M |
| Purchase of Investments | -24.22M | -30.35M | -46.05M | -57.7M | -436.41M | -92.24M | -121.58M | -64.18M | -148.24M | -359.72M |
| Sale/Maturity of Investments | 0 | 0 | 1000K | 1000K | 252K | 1000K | 1000K | 1000K | 1000K | -1000K |
| Net Investment Activity | -24.22M | -30.35M | -45.05M | -56.7M | -436.16M | -91.24M | -120.58M | -63.18M | -147.24M | -360.72M |
| Acquisitions | 0 | -5.23M | 10.61M | 3.52M | -252K | -10.1M | -1.5M | 0 | 0 | 0 |
| Other Investing | 8.78M | 16.05M | -944K | 4.01M | 34.27M | 27.75M | 13.31M | -49.04M | 13.18M | -37.7M |
| Cash from Financing | -101.21M | -59.67M | -90.21M | -64.71M | 270.66M | -113.22M | -364.15M | 4.4M | -19.62M | -23.41M |
| Dividends Paid | -80.46M | -46.45M | -69.33M | -76.44M | -74.04M | -97.34M | -135.85M | -109.28M | -119.8M | -178.5M |
| Share Repurchases | 0 | -6.47M | -5.39M | -5.88M | -6.02M | -3.49M | -280.53M | -3.51M | -253.87M | -252.88M |
| Stock Issued | 203.23M | 125.2M | 193.5M | 147.12M | 749.34M | 73.83M | 43.69M | 201.67M | 251.2M | 249.17M |
| Net Stock Activity | 203.23M | 118.72M | 188.12M | 141.24M | 743.32M | 70.35M | -236.84M | 198.16M | -2.67M | -3.71M |
| Debt Issuance (Net) | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -3M |
| Other Financing | -61.39M | -129.97M | -2.5M | 12.85M | -487.2M | -94.31M | 8.11M | -66.98M | 8.94M | 165.76M |
| Net Change in Cash | -36.25M▲ 0% | 15.25M▲ 142.1% | 2.21M▼ 85.5% | 1.62M▼ 26.6% | 37.17M▲ 2194.3% | -14.18M▼ 138.2% | 40.35M▲ 384.6% | 3.07M▼ 92.4% | 163.99M▲ 5246.8% | 7.04M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 8K | -144K | 130K | 0 | 0 | 0 | -102K | 9K |
| Cash at Beginning | 70.38M | 34.13M | 49.38M | 51.59M | 53.21M | 90.38M | 76.2M | 116.55M | 119.62M | 334.35M |
| Cash at End | 34.13M | 49.38M | 51.59M | 53.21M | 90.38M | 76.2M | 116.55M | 119.62M | 283.6M | 0 |
| Interest Paid | 10.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 280K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 80.4M▲ 0% | 94.44M▲ 17.5% | 106.26M▲ 12.5% | 110.22M▲ 3.7% | 168.52M▲ 52.9% | 161M▼ 4.5% | 221.84M▲ 37.8% | 109.78M▼ 50.5% | 311.36M▲ 183.6% | 364M▲ 0% |
| FCF Growth % | -25.73% | 17.45% | 12.51% | 3.73% | 52.89% | -4.46% | 37.79% | -50.51% | 183.62% | 33.37% |
Hamilton Lane Incorporated (HLNE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 0.71% | 15.57% | 21.96% | 29.88% | 23.69% | 21.99% | 16.64% | 22.53% | 27.18% | 15.56% |
| Return on Assets (ROA) | 0.28% | 6.49% | 10.26% | 14.58% | 12.18% | 12.01% | 8.96% | 11.68% | 14.68% | 9.5% |
| Net Interest Margin | -5.92% | -1.86% | -0.77% | -0.44% | -0.07% | -0.32% | -0.31% | -0.09% | -0.31% | -0.29% |
| Efficiency Ratio | 17.57% | 15.66% | 19.41% | 26.22% | 14.51% | 24.45% | 26.36% | 25.57% | 26.4% | 29.58% |
| Equity / Assets | 36% | 46.32% | 47.07% | 50.13% | 51.93% | 56.95% | 50.34% | 53.17% | 54.66% | 61.09% |
| Book Value / Share | 4.72 | 7.17 | 6.98 | 8.35 | 17.69 | 13.74 | 10.69 | 12.54 | 19.36 | 24.33 |
| NII Growth | -14.45% | 61.66% | 49.02% | 24.32% | 60.75% | -400.36% | 15.35% | 66.69% | -350.13% | -12.6% |
| Dividend Payout | 13146.57% | 267.89% | 206.49% | 125.66% | 75.54% | 66.68% | 124.5% | 77.58% | 55.1% | 49.8% |
Hamilton Lane Incorporated (HLNE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 20, 2026·SEC
Feb 3, 2026·SEC
Nov 4, 2025·SEC
Hamilton Lane Incorporated (HLNE) stock FAQ — growth, dividends, profitability & financials explained
Hamilton Lane Incorporated (HLNE) grew revenue by 28.7% over the past year. This is strong growth.
Yes, Hamilton Lane Incorporated (HLNE) is profitable, generating $206.3M in net income for fiscal year 2025 (30.5% net margin).
Yes, Hamilton Lane Incorporated (HLNE) pays a dividend with a yield of 2.72%. This makes it attractive for income-focused investors.
Hamilton Lane Incorporated (HLNE) has a return on equity (ROE) of 27.2%. This is excellent, indicating efficient use of shareholder capital.
Hamilton Lane Incorporated (HLNE) has a net interest margin (NIM) of -0.3%. NIM has been under pressure due to interest rate environment.
Hamilton Lane Incorporated (HLNE) has an efficiency ratio of 26.4%. This is excellent, indicating strong cost control.
Hamilton Lane Incorporated (HLNE) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates