Houlihan Lokey Inc (HLI) — Cash Flow Quality Index
Houlihan Lokey Inc (HLI) has a Cash Flow Quality Index of 2.91x as of September 2025. Operating cash flow of $325.05 Million exceeds net income of $111.78 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Houlihan Lokey Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Houlihan Lokey Inc Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for Houlihan Lokey Inc across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Houlihan Lokey Inc (HLI) cash conversion ratio.
Annual Cash Flow Quality Index for Houlihan Lokey Inc (2013–2025)
Year-by-year earnings quality comparison for Houlihan Lokey Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.12x | $848.61 Million | $399.71 Million | ▲ +81.2% |
| 2024 | 1.17x | $328.46 Million | $280.30 Million | ▲ +118.6% |
| 2023 | 0.54x | $136.27 Million | $254.22 Million | ▼ -68.1% |
| 2022 | 1.68x | $736.60 Million | $438.32 Million | ▼ -9.4% |
| 2021 | 1.85x | $579.84 Million | $312.77 Million | ▲ +18.4% |
| 2020 | 1.57x | $287.67 Million | $183.79 Million | ▲ +11.0% |
| 2019 | 1.41x | $224.27 Million | $159.11 Million | ▼ -3.1% |
| 2018 | 1.45x | $250.65 Million | $172.28 Million | ▼ -31.2% |
| 2017 | 2.12x | $229.26 Million | $108.34 Million | ▲ +992.0% |
| 2016 | 0.19x | $13.52 Million | $69.77 Million | ▼ -92.1% |
| 2015 | 2.46x | $196.51 Million | $79.94 Million | ▼ -8.5% |
| 2014 | 2.69x | $165.01 Million | $61.43 Million | ▲ +23.3% |
| 2013 | 2.18x | $128.44 Million | $58.97 Million | — |