Houlihan Lokey Inc (HLI) — Capital Reinvestment Ratio
Houlihan Lokey Inc (HLI) has a Capital Reinvestment Ratio of 0.01x as of September 2025, meaning it reinvests 0% of its operating cash flow ($325.05 Million) in capital expenditures ($2.24 Million). Check Houlihan Lokey Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Houlihan Lokey Inc Capital Reinvestment Ratio (2013–2025)
This chart tracks Houlihan Lokey Inc's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Houlihan Lokey Inc.
Annual Capital Reinvestment Ratio for Houlihan Lokey Inc (2013–2025)
Year-by-year Capital Reinvestment Ratio for Houlihan Lokey Inc from 2013 to 2025. See Houlihan Lokey Inc (HLI) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | $848.61 Million | $39.70 Million | ▼ -77.0% |
| 2024 | 0.20x | $328.46 Million | $66.73 Million | ▼ -45.4% |
| 2023 | 0.37x | $136.27 Million | $50.73 Million | ▲ +3059.2% |
| 2022 | 0.01x | $736.60 Million | $8.68 Million | ▼ -51.7% |
| 2021 | 0.02x | $579.84 Million | $14.15 Million | ▼ -66.1% |
| 2020 | 0.07x | $287.67 Million | $20.72 Million | ▲ +140.2% |
| 2019 | 0.03x | $224.27 Million | $6.73 Million | ▼ -2.6% |
| 2018 | 0.03x | $250.65 Million | $7.72 Million | ▼ -51.0% |
| 2017 | 0.06x | $229.26 Million | $14.42 Million | ▼ -90.9% |
| 2016 | 0.69x | $13.52 Million | $9.38 Million | ▲ +2820.5% |
| 2015 | 0.02x | $196.51 Million | $4.67 Million | ▲ +75.0% |
| 2014 | 0.01x | $165.01 Million | $2.24 Million | ▼ -74.5% |
| 2013 | 0.05x | $128.44 Million | $6.84 Million | — |