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). See how liquid is Houlihan Lokey Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
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 HLI operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
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 stock market capitalisation.
| 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 | — |