Houlihan Lokey Inc (HLI) — Free Cash Flow Generation Index
Houlihan Lokey Inc (HLI) has a Free Cash Flow Generation Index of 0.99x as of September 2025. Free cash flow of $322.81 Million represents 1% of operating cash flow ($325.05 Million). Read Houlihan Lokey Inc total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Houlihan Lokey Inc Free Cash Flow Generation Index (2013–2025)
Historical FCF Generation Index trend for Houlihan Lokey Inc across 13 annual periods. Explore capital reinvestment ratio of Houlihan Lokey Inc to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Houlihan Lokey Inc (2013–2025)
Year-by-year Free Cash Flow Generation Index for Houlihan Lokey Inc. For the full company profile including market capitalisation, see HLI market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.95x | $808.91 Million | $848.61 Million | $39.70 Million | ▲ +19.6% |
| 2024 | 0.80x | $261.73 Million | $328.46 Million | $66.73 Million | ▲ +26.9% |
| 2023 | 0.63x | $85.54 Million | $136.27 Million | $50.73 Million | ▼ -36.5% |
| 2022 | 0.99x | $727.92 Million | $736.60 Million | $8.68 Million | ▲ +1.3% |
| 2021 | 0.98x | $565.69 Million | $579.84 Million | $14.15 Million | ▲ +5.1% |
| 2020 | 0.93x | $266.95 Million | $287.67 Million | $20.72 Million | ▼ -4.3% |
| 2019 | 0.97x | $217.55 Million | $224.27 Million | $6.73 Million | ▲ +0.1% |
| 2018 | 0.97x | $242.93 Million | $250.65 Million | $7.72 Million | ▲ +3.4% |
| 2017 | 0.94x | $214.84 Million | $229.26 Million | $14.42 Million | ▲ +206.4% |
| 2016 | 0.31x | $4.13 Million | $13.52 Million | $9.38 Million | ▼ -68.7% |
| 2015 | 0.98x | $191.84 Million | $196.51 Million | $4.67 Million | ▼ -1.0% |
| 2014 | 0.99x | $162.77 Million | $165.01 Million | $2.24 Million | ▲ +4.2% |
| 2013 | 0.95x | $121.60 Million | $128.44 Million | $6.84 Million | — |