Houlihan Lokey ratios data for the quarter ended Mar 2026. These financial ratios cover 47 quarters of results from Sep 2014 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2014 | Dec2014 | Mar2015 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||||||||||||||||||||
| Gross Margin | 99.20% | 97.63% | 97.99% | 93.86% | 96.20% | 95.43% | 95.61% | 97.91% | 96.17% | 96.85% | 96.62% | 97.92% | 96.77% | 96.52% | 97.34% | 97.69% | 96.69% | 97.78% | 97.33% | ||||||||||||||||||||||||||||
| EBT Margin | 28.92% | 29.12% | 28.02% | 34.72% | 18.11% | 17.21% | 18.32% | 18.05% | 18.36% | 20.04% | 20.07% | 22.68% | 19.45% | 23.67% | 22.87% | 22.55% | 16.20% | 24.27% | 23.66% | ||||||||||||||||||||||||||||
| EBIT Margin | 28.89% | 29.28% | 28.04% | 37.75% | 18.53% | 18.26% | 18.44% | 20.38% | 17.64% | 19.33% | 18.89% | 19.73% | 18.45% | 22.73% | 21.45% | 21.01% | 14.88% | 22.95% | 22.41% | ||||||||||||||||||||||||||||
| EBITDA Margin | 29.72% | 29.79% | 28.56% | 39.34% | 19.34% | 19.04% | 19.07% | 21.08% | 18.40% | 20.13% | 19.88% | 20.84% | 19.48% | 23.66% | 22.32% | 21.88% | 16.03% | 24.12% | 23.39% | ||||||||||||||||||||||||||||
| Operating Margin | 28.89% | 29.28% | 28.04% | 37.75% | 18.53% | 18.26% | 18.44% | 20.38% | 17.64% | 19.33% | 18.89% | 19.73% | 18.45% | 22.73% | 21.45% | 21.01% | 14.88% | 22.95% | 22.41% | ||||||||||||||||||||||||||||
| Net Margin | 23.06% | 21.01% | 19.61% | 24.95% | 16.91% | 12.41% | 13.81% | 13.41% | 14.76% | 14.35% | 13.85% | 15.58% | 17.32% | 16.27% | 15.02% | 18.29% | 16.20% | 16.95% | 16.25% | ||||||||||||||||||||||||||||
| FCF Margin | -24.55% | 38.92% | 61.54% | 24.25% | -67.48% | 14.67% | 16.91% | 49.25% | -35.89% | 24.10% | 16.69% | 40.94% | -14.68% | 48.48% | 41.24% | 51.60% | -23.97% | 48.98% | 30.27% | ||||||||||||||||||||||||||||
| Efficiency | |||||||||||||||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 2.29B | 2.25B | 2.70B | 2.97B | 2.66B | 2.47B | 2.59B | 2.82B | 2.84B | 2.74B | 2.87B | 3.06B | 3.06B | 3.08B | 3.34B | 3.65B | 3.67B | 3.66B | 3.87B | 4.12B | |||||||||||||||||||||||||||
| Invested CapitalInvested Cap. | 1.53B | 1.44B | 1.42B | 1.45B | 1.54B | 1.61B | |||||||||||||||||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.74 | 0.86 | 0.85 | 0.69 | 0.79 | 0.83 | 0.63 | 0.64 | 0.64 | 0.65 | 0.64 | 0.62 | 0.66 | 0.69 | 0.67 | 0.66 | 0.68 | 0.70 | 0.69 | ||||||||||||||||||||||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||||||||||||||||||||
| Debt Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
| Dividends & Payouts | |||||||||||||||||||||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 2.75 | 3.99 | 6.26 | 2.37 | 1.75 | 1.82 | 1.84 | 1.84 | 1.46 | 1.89 | 1.99 | 2.28 | 1.73 | 2.44 | 2.57 | 3.17 | 1.85 | 2.71 | 2.87 | ||||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | -0.34 | 0.14 | 0.05 | 0.43 | -0.14 | 0.46 | 0.44 | 0.15 | -0.28 | 0.31 | 0.42 | 0.17 | -0.68 | 0.14 | 0.14 | 0.11 | -0.37 | 0.13 | 0.19 | ||||||||||||||||||||||||||||
| Dividend YieldDiv. Yield | 0.58% | 0.47% | 0.41% | 0.48% | 0.81% | 0.70% | 0.62% | 0.58% | 0.67% | 0.51% | 0.46% | 0.40% | 0.58% | 0.37% | 0.32% | 0.34% | 0.44% | 0.29% | 0.33% | ||||||||||||||||||||||||||||
| Payout Ratio | 0.36 | 0.25 | 0.16 | 0.42 | 0.57 | 0.55 | 0.54 | 0.54 | 0.68 | 0.53 | 0.50 | 0.44 | 0.58 | 0.41 | 0.39 | 0.32 | 0.54 | 0.37 | 0.35 | ||||||||||||||||||||||||||||
| Valuation | |||||||||||||||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 62.53 | 53.16 | 38.55 | 87.53 | 70.56 | 78.72 | 87.62 | 92.91 | 102.18 | 103.16 | 109.09 | 109.25 | 98.61 | 111.19 | 119.96 | 92.52 | 121.64 | 128.83 | 104.15 | ||||||||||||||||||||||||||||
| Price to SalesP/S | 14.42 | 11.17 | 7.56 | 21.84 | 11.93 | 9.77 | 12.10 | 12.46 | 15.09 | 14.81 | 15.11 | 17.02 | 17.08 | 18.09 | 18.02 | 16.93 | 19.70 | 21.84 | 16.93 | ||||||||||||||||||||||||||||
| Price to BookP/B | 3.88 | 4.17 | 4.39 | 3.95 | 3.52 | 3.30 | 3.59 | 3.44 | 3.88 | 4.20 | 4.37 | 4.82 | 4.79 | 5.31 | 5.49 | 5.19 | 5.47 | 6.41 | 5.29 | 4.26 | |||||||||||||||||||||||||||
| Enterprise Value | 4.59B | 5.08B | 5.66B | 4.87B | 4.51B | 4.28B | 4.97B | 4.83B | 5.82B | 6.42B | 7.17B | 8.14B | 8.32B | 9.71B | 10.63B | 10.31B | 11.13B | 13.48B | 11.08B | 8.90B | |||||||||||||||||||||||||||
| EV to EBIT | 42.65 | 32.28 | 22.71 | 49.39 | 58.08 | 47.86 | 59.10 | 53.28 | 79.30 | 71.12 | 74.25 | 79.22 | 87.82 | 74.31 | 78.12 | 73.62 | 123.63 | 89.05 | 68.95 | ||||||||||||||||||||||||||||
| EV to EBITDA | 41.45 | 31.73 | 22.30 | 47.40 | 55.66 | 45.88 | 57.14 | 51.50 | 76.01 | 68.30 | 70.53 | 75.00 | 83.16 | 71.37 | 75.09 | 70.71 | 114.71 | 84.73 | 66.08 | ||||||||||||||||||||||||||||
| Market Capitalization | 5.37B | 6.00B | 6.72B | 5.70B | 4.99B | 4.78B | 5.52B | 5.54B | 6.27B | 6.91B | 7.72B | 8.86B | 8.77B | 10.40B | 11.43B | 11.28B | 11.92B | 14.40B | 12.14B | 9.98B | |||||||||||||||||||||||||||
| Price to FCFP/FCF | -58.74 | 28.70 | 12.29 | 90.06 | -17.68 | 66.59 | 71.57 | 25.30 | -42.04 | 61.44 | 90.53 | 41.57 | -116.34 | 37.32 | 43.69 | 32.80 | -82.21 | 44.59 | 55.93 | ||||||||||||||||||||||||||||
| EV to FCF | -50.19 | 24.28 | 10.35 | 76.89 | -15.95 | 59.57 | 64.45 | 22.04 | -38.98 | 57.05 | 84.02 | 38.18 | -110.38 | 34.84 | 40.64 | 29.98 | -76.74 | 41.73 | 51.06 | ||||||||||||||||||||||||||||
| EV to CFO | -50.98 | 24.16 | 10.26 | 75.55 | -16.21 | 50.26 | 54.64 | 20.28 | -43.55 | 47.27 | 71.04 | 36.11 | -128.98 | 33.57 | 40.05 | 28.76 | -84.29 | 41.42 | 50.91 | ||||||||||||||||||||||||||||
| Return Ratios | |||||||||||||||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 28.89% | 29.28% | 28.04% | 37.75% | 18.53% | 18.26% | 18.44% | 20.38% | 17.64% | 19.33% | 18.89% | 19.73% | 18.45% | 22.73% | 21.45% | 21.01% | 14.88% | 22.95% | 22.41% | ||||||||||||||||||||||||||||
| Return on Invested Capital [ROIC]ROIC | 29.91% | 30.12% | 26.67% | 18.18% | 17.00% | ||||||||||||||||||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | 15.42% | 18.50% | 17.49% | 14.78% | 15.90% | 15.00% | 10.02% | 9.01% | 8.63% | 9.15% | 9.02% | 9.15% | 10.07% | 10.86% | 10.73% | 10.96% | 11.14% | 11.68% | 11.60% |