Houlihan Lokey Inc (HLI) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.36x

Houlihan Lokey Inc (HLI) has a Cash Flow Reinvestment Rate of 0.36x as of September 2025, reinvesting $116.52 Million (capex $2.24 Million plus investments $-114.28 Million) from operating cash flow of $325.05 Million. Check HLI operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.36x
(Capex + Investments) / Operating CF

Total Reinvested

$116.52 Million
Capex + Investments

Operating Cash Flow

$325.05 Million
USD

Capital Expenditures

$2.24 Million
USD

Houlihan Lokey Inc Cash Flow Reinvestment Rate (2013–2025)

Historical reinvestment intensity for Houlihan Lokey Inc across 13 annual periods. Explore Houlihan Lokey Inc (HLI) investment intensity to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Houlihan Lokey Inc (2013–2025)

Year-by-year capital reinvestment analysis for Houlihan Lokey Inc. For live market cap and broader valuation context, see market value of Houlihan Lokey Inc.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.36x $304.76 Million $848.61 Million $39.70 Million ▼ -14.0%
2024 0.42x $137.14 Million $328.46 Million $66.73 Million ▼ -52.1%
2023 0.87x $118.89 Million $136.27 Million $50.73 Million ▲ +515.3%
2022 0.14x $104.44 Million $736.60 Million $8.68 Million ▼ -5.8%
2021 0.15x $87.28 Million $579.84 Million $14.15 Million ▲ +39.9%
2020 0.11x $30.95 Million $287.67 Million $20.72 Million ▼ -73.6%
2019 0.41x $91.32 Million $224.27 Million $6.73 Million ▼ -54.9%
2018 0.90x $226.30 Million $250.65 Million $7.72 Million ▲ +1187.6%
2017 0.07x $16.08 Million $229.26 Million $14.42 Million ▼ -99.6%
2016 17.40x $235.18 Million $13.52 Million $9.38 Million ▲ +1627.6%
2015 1.01x $197.87 Million $196.51 Million $4.67 Million ▲ +54.0%
2014 0.65x $107.89 Million $165.01 Million $2.24 Million ▲ +1128.0%
2013 0.05x $6.84 Million $128.44 Million $6.84 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow