Houlihan Lokey, Inc. (HLI) quarterly cash flow statement — complete operating, investing & financing history
Houlihan Lokey, Inc. (HLI) cash flow statement — 14-year operating, investing & financing cash flows
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Cash from Operations | 252M | -336M | 293.03M | 217.68M | 325.05M | -131.63M | 358.38M | 265.51M | 289.22M | -64.51M | 225.31M | 100.9M | 135.82M | -133.57M | 238.15M | 91.04M | 85.1M | -278.02M | 64.47M | 552.02M |
| Operating CF Growth % | -22.47% | -155.26% | -18.23% | -18.01% | 12.39% | -104.04% | 59.06% | 163.16% | 112.95% | 51.7% | -5.39% | 10.82% | 59.59% | 51.96% | 269.4% | -83.51% | -59.52% | -208.59% | -76.35% | 78.93% |
| Net Income | 110M | 78M | 98.31M | 116.55M | 111.78M | 97.53M | 121.92M | 95.3M | 93.55M | 88.94M | 81.08M | 70.8M | 67.03M | 61.39M | 59.66M | 63.05M | 60.73M | 70.78M | 65.17M | 174.31M |
| Depreciation & Amortization | 10M | 8M | 8.04M | 8.3M | 10.3M | 15.99M | 15.41M | 9.56M | 7.44M | 8.86M | 8.26M | 6.66M | 7.09M | 6.53M | 6.35M | 13.26M | 19.48M | 19.14M | 19.95M | 20.07M |
| Deferred Taxes | 0 | 0 | -25.12M | 0 | 0 | -1.28M | -6.99M | 1.33M | -4.29M | 8.99M | 16.81M | 6.29M | 2.1M | -4.74M | 7.54M | 3.1M | -7.04M | -7.05M | -57.73M | -5.27M |
| Other Non-Cash Items | 10M | 10M | 10.53M | 14.6M | 11.88M | 27.48M | 7.98M | 15.77M | 7.85M | 12.47M | -5.29M | 14.14M | 10.15M | 9.93M | 2.05M | 11.13M | 15.92M | 9.74M | 15.23M | 14.24M |
| Working Capital Changes | 80M | -477M | 149.73M | 17.32M | 144.45M | -313.57M | 175.6M | 97.97M | 139.34M | -216.84M | 83.98M | -40.97M | 6.71M | -246.09M | 128.38M | -40.26M | -45.39M | -411.24M | 2.37M | 329.51M |
| Cash from Investing | -61M | 112M | -49.6M | 56.41M | -114.28M | 109.65M | -106.35M | -87.4M | -30.88M | -40.43M | -14.69M | -22.74M | -20.61M | -12.36M | -39.46M | -17.01M | -14.74M | 68.2M | -127.56M | -311.17M |
| Purchase of Investments | -4M | -4M | -83.27M | 103.15M | -130.09M | -153.09M | -135.82M | -91.16M | -22.01M | -1.49M | -7.86M | -3.38M | 0 | -35K | -4.73M | -3.23M | -9.06M | -2.2M | -73.47M | -3.37M |
| Sale/Maturity of Investments | 5M | 122M | 41.73M | -46.1M | 18.05M | 276.65M | 44.44M | 44.26M | 1.59M | 4.02M | 5.4M | 74K | 2.66M | 3.33M | 4.78M | 76K | 7.64M | 74.89M | 2.4M | 2.59M |
| Net Investment Activity | 1M | 118M | -41.54M | 57.05M | -112.04M | 123.56M | -91.39M | -46.9M | -20.42M | 2.54M | -2.46M | -3.31M | 2.66M | 3.29M | 50K | -3.16M | -1.43M | 72.69M | -71.08M | -779K |
| Acquisitions | -50M | 0 | -1.81M | 0 | 0 | -725K | -478K | -36.65M | 37K | -32.09M | -3K | -3.85M | 0 | 0 | -20.43M | 3.16M | 1.43M | -72.69M | -55.36M | -305.33M |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.16M | -1.43M | 72.69M | 0 | -779K |
| Cash from Financing | -97M | -217M | -92.78M | -131.4M | -72.14M | -196.63M | -91.08M | -37.36M | -39.13M | -161.5M | -36.15M | -35.6M | -67.68M | -111.15M | -32.62M | -38.9M | -45.27M | -123.67M | -149.08M | -102.47M |
| Dividends Paid | -46M | -61M | -39.16M | -40.63M | -41.78M | -52.48M | -38.52M | -37.03M | -38.4M | -51.27M | -35.55M | -35.51M | -35.42M | -41.97M | -32.34M | -34.23M | -33.32M | -40.49M | -27.45M | -27.86M |
| Share Repurchases | -50M | -50M | -50M | -87.9M | 7.81M | -7.81M | -52.19M | -86K | -723K | -240K | -593K | -95K | -24.95M | -69.77M | 432K | -186K | -8.18M | -40.72M | -121.6M | -70.25M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -50M | -50M | -50M | -87.9M | 7.81M | -7.81M | -52.19M | -86K | -723K | -240K | -593K | -95K | -24.95M | -69.77M | 432K | -186K | -8.18M | -40.72M | -121.6M | -70.25M |
| Debt Issuance (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -307K | -199K | -1000K | -2K | 0 | -173K |
| Other Financing | -1M | -106M | -3.63M | -2.87M | -38.17M | -136.34M | -380K | -247K | 0 | -109.99M | 0 | 0 | -7.31M | 587K | -407K | -4.29M | -1.24M | -42.45M | -41K | -4.2M |
| Net Change in Cash | 93M | -444M | 132.56M | 132.91M | 130M | -177.18M | 174.79M | 107.93M | 242.55M | -271.54M | 165.95M | 61.6M | 37.81M | -258.32M | 165.02M | 45.62M | 14.86M | -344.75M | -224.91M | 135.59M |
| Exchange Rate Effect | -1M | -3M | -18.08M | -9.79M | -8.63M | 41.43M | 13.84M | -32.83M | 23.33M | -5.1M | -8.53M | 19.06M | -9.71M | -1.24M | -1.05M | 10.48M | -10.24M | -11.26M | -12.73M | -2.78M |
| Cash at Beginning | 749M | 1.19B | 1.06B | 928.4M | 798.4M | 975.58M | 800.79M | 692.86M | 450.32M | 721.85M | 555.9M | 494.3M | 456.49M | 714.81M | 549.79M | 504.18M | 489.32M | 834.07M | 1.06B | 923.38M |
| Cash at End | 842M | 749M | 1.19B | 1.06B | 928.4M | 798.4M | 975.58M | 800.79M | 692.86M | 450.32M | 721.85M | 555.9M | 494.3M | 456.49M | 714.81M | 549.79M | 504.18M | 489.32M | 834.07M | 1.06B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 230K | 255K | 551K | 256K | 301K | 260K | 119K | 95K | 105K | 2.64M | 1.4M | 1.83M | 30K | 472K | 74K |
| Income Taxes Paid | 67M | 26M | 46.04M | 85.85M | 44.28M | 11.07M | -58.83M | 21.62M | 20M | 17.22M | 19.73M | 36.91M | 30.75M | 17.66M | 20.87M | 33.5M | 97.82M | 4.59M | 70.8M | 52.54M |
| Free Cash Flow | 240M | -342M | 286.78M | 217.04M | 322.81M | -144.81M | 343.9M | 261.66M | 278.73M | -75.38M | 213.09M | 85.32M | 112.55M | -149.22M | 219.06M | 77.19M | 71.79M | -282.5M | 63.34M | 546.96M |
| FCF Growth % | -25.65% | -136.16% | -16.61% | -17.05% | 15.82% | -92.11% | 61.39% | 206.7% | 147.65% | 49.48% | -2.73% | 10.52% | 56.77% | 47.18% | 245.84% | -85.89% | -65.67% | -208.76% | -76.5% | 79.89% |