Houlihan Lokey, Inc. (HLI) Return on equity 2017–2026
Houlihan Lokey, Inc. (HLI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
18.1%FY2026 · since FY2017: 14.9% → 18.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 18.1% | -0.3 pp |
| FY2025 | 18.4% | +3.1 pp |
| FY2024 | 15.2% | -0.5 pp |
| FY2023 | 15.7% | -14.6 pp |
| FY2022 | 30.3% | +7.7 pp |
| FY2021 | 22.6% | +3.9 pp |
| FY2020 | 18.7% | +0.8 pp |
| FY2019 | 17.9% | -2.4 pp |
| FY2018 | 20.2% | +5.3 pp |
| FY2017 | 14.9% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice