Houlihan Lokey (HLI) Net Cash Flow (2014 - 2026)
Houlihan Lokey's Net Cash Flow came in at $94 million for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 31.9% from $138 million a year earlier.
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Analysis
Houlihan Lokey (HLI) Net Cash Flow (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Houlihan Lokey reported Net Cash Flow of -$52.64 million; for FY2026 (ended Mar 31, 2026), it was $213.36 million, down 16.2% from FY2025.
- Net Cash Flow carries a five-year compound annual growth rate of -14.0% (FY2021 to FY2026).
- Going back by fiscal year, Net Cash Flow was $254.48 million in FY2025, $7.47 million in FY2024, -$107.19 million in FY2023 and $3.63 million in FY2022 (-99.2%).
- The five-year range for quarterly Net Cash Flow is -$441 million (fiscal Q1 2027) to $219.22 million (fiscal Q2 2025).
- Year-over-year, Net Cash Flow increased in two of the last six quarters, with growth averaging 25.0%.
- The fastest year-over-year change in Net Cash Flow over five years came in fiscal Q2 2025 (growth of 361.3%), and the weakest in fiscal Q2 2023 (a decline of 82.4%).
- Business Quant data shows HLI's Net Cash Flow at -$441 million (Q1 2027), $150.65 million (Q4 2026) and $143.72 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - | -2.88 Bn |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - | -1.67 Bn |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - | 2.15 Bn |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - | 1.10 Bn |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn | 371.00 Mn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - | 506.00 Mn |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn | 847.50 Mn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - | 369.00 Mn |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 809.80 Mn |
| 10 | Houlihan Lokey | 9.82 Bn | 5.99 Bn | - | 94.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 94.00 Mn |
| Jun 30, 2026 | -441.00 Mn |
| Mar 31, 2026 | 150.65 Mn |
| Dec 31, 2025 | 143.72 Mn |
| Sep 30, 2025 | 138.00 Mn |
| Jun 30, 2025 | -219.00 Mn |
| Mar 31, 2025 | 160.95 Mn |
| Dec 31, 2024 | 140.76 Mn |
| Sep 30, 2024 | 219.22 Mn |
| Jun 30, 2024 | -266.44 Mn |
| Mar 31, 2024 | 174.48 Mn |
| Dec 31, 2023 | 42.55 Mn |
| Sep 30, 2023 | 47.52 Mn |
| Jun 30, 2023 | -257.08 Mn |
| Mar 31, 2023 | 166.06 Mn |
| Dec 31, 2022 | 35.13 Mn |
| Sep 30, 2022 | 25.10 Mn |
| Jun 30, 2022 | -333.49 Mn |
| Mar 31, 2022 | -212.18 Mn |
| Dec 31, 2021 | 138.38 Mn |
API Access
Houlihan Lokey Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();