Houlihan Lokey Inc (HLI) — Cash Flow Reinvestment Rate
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. See HLI free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Houlihan Lokey Inc Cash Flow Reinvestment Rate (2013–2025)
Historical reinvestment intensity for Houlihan Lokey Inc across 13 annual periods. For the full cash flow conversion analysis, see HLI cash generation efficiency.
Annual Cash Flow Reinvestment Rate for Houlihan Lokey Inc (2013–2025)
Year-by-year capital reinvestment analysis for Houlihan Lokey Inc. See financial flexibility index of Houlihan Lokey Inc to measure the company's free cash flow as a share of total liabilities.
| 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 | — |