Hamilton Lane (HLNE) FCF Margin (2017 - 2026)
Hamilton Lane's FCF Margin came in at 11.15% for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 50.57 percentage points from 61.72% a year earlier and down 16.21 percentage points from the prior quarter.
Hamilton Lane (HLNE) FCF Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Hamilton Lane reported FCF Margin of 31.18%, down 15.20 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 55.21%, up 14.73 percentage points from FY2025.
- FCF Margin carries a five-year change of +5.59 percentage points (FY2021 to FY2026).
- Going back by fiscal year, FCF Margin was 40.49% in FY2025 (+20.67 pp), 19.82% in FY2024 (-22.13 pp), 41.96% in FY2023 (-1.80 pp) and 43.76% in FY2022 (-5.86 pp).
- The fiscal Q2 2027 figure represents the lowest quarterly FCF Margin since fiscal Q3 2024.
- Year-over-year, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +3.82 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in fiscal Q3 2025 (a gain of 66.55 percentage points), and the weakest in fiscal Q3 2024 (a drop of 76.28 percentage points).
- Business Quant data shows HLNE's FCF Margin at 27.37% (Q1 2027), 52.30% (Q4 2026) and 36.48% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 182.41 Bn | 124.93 Bn | - | 33.60% |
| 2 | Spdr Gold Trust | 134.84 Bn | -423.17 Bn | - | - |
| 3 | Blackstone | 95.70 Bn | 85.68 Bn | - | 37.86% |
| 4 | Brookfield | 93.08 Bn | -90.24 Bn | - | - |
| 5 | Kkr | 86.27 Bn | 6.42 Bn | - | 55.96% |
| 6 | Brookfield Asset Management | 84.65 Bn | 79.46 Bn | - | 30.52% |
| 7 | Apollo Global Management | 70.38 Bn | -15.79 Bn | 4.14 Bn | 2.87% |
| 8 | Wheaton Precious Metals | 61.81 Bn | 57.24 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 49.09 Bn | 46.45 Bn | 451.00 Mn | 82.99% |
| 10 | Hamilton Lane | 3.69 Bn | 2.30 Bn | - | 11.15% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.15% |
| Jun 30, 2026 | 27.37% |
| Mar 31, 2026 | 52.30% |
| Dec 31, 2025 | 36.48% |
| Sep 30, 2025 | 61.72% |
| Jun 30, 2025 | 72.51% |
| Mar 31, 2025 | 18.10% |
| Dec 31, 2024 | 34.92% |
| Sep 30, 2024 | 77.22% |
| Jun 30, 2024 | 39.77% |
| Mar 31, 2024 | 11.38% |
| Dec 31, 2023 | -31.63% |
| Sep 30, 2023 | 58.88% |
| Jun 30, 2023 | 43.66% |
| Mar 31, 2023 | 10.40% |
| Dec 31, 2022 | 44.66% |
| Sep 30, 2022 | 61.36% |
| Jun 30, 2022 | 43.72% |
| Mar 31, 2022 | 16.13% |
| Dec 31, 2021 | 73.59% |
Hamilton Lane FCF Margin 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=fcf-margin&ticker=HLNE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "HLNE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=HLNE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();