Hamilton Lane Inc (HLNE) - Net Assets
Based on the latest financial reports, Hamilton Lane Inc (HLNE) has net assets worth $1.33 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.17 Billion) and total liabilities ($844.76 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Hamilton Lane Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.33 Billion |
| % of Total Assets | 61.09% |
| Annual Growth Rate | 28.77% |
| 5-Year Change | 56.54% |
| 10-Year Change | N/A |
| Growth Volatility | 101.73 |
Hamilton Lane Inc - Net Assets Trend (2015–2025)
This chart illustrates how Hamilton Lane Inc's net assets have evolved over time, based on quarterly financial data. Also explore Hamilton Lane Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for Hamilton Lane Inc (2015–2025)
The table below shows the annual net assets of Hamilton Lane Inc from 2015 to 2025. For live valuation and market cap data, see HLNE market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $923.89 Million | +36.68% |
| 2024-03-31 | $675.96 Million | +17.72% |
| 2023-03-31 | $574.19 Million | -22.14% |
| 2022-03-31 | $737.49 Million | +24.96% |
| 2021-03-31 | $590.20 Million | +148.61% |
| 2020-03-31 | $237.40 Million | +39.88% |
| 2019-03-31 | $169.72 Million | +24.73% |
| 2018-03-31 | $136.07 Million | +57.08% |
| 2017-03-31 | $86.63 Million | +177.39% |
| 2016-03-31 | $-111.94 Million | -251.90% |
| 2015-03-31 | $73.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hamilton Lane Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 710.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $455.51 Million | 63.51% |
| Common Stock | $55.00K | 0.01% |
| Other Comprehensive Income | $-141.00K | -0.02% |
| Other Components | $261.86 Million | 36.51% |
| Total Equity | $717.28 Million | 100.00% |
Hamilton Lane Inc Competitors by Market Cap
The table below lists competitors of Hamilton Lane Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Netwealth Group Ltd
AU:NWL
|
$4.07 Billion |
|
MeiHua Holdings Group Co Ltd
SHG:600873
|
$4.07 Billion |
|
Parq Arauco
SN:PARAUCO
|
$4.07 Billion |
|
Bethel Automotive Safety Systems Co Ltd Class A
SHG:603596
|
$4.07 Billion |
|
Canadian Apartment Properties Real Estate Investment Trust
TO:CAR-UN
|
$4.06 Billion |
|
Corporación Moctezuma S.A.B. de C.V
MX:CMOCTEZ
|
$4.06 Billion |
|
Kenon Holdings
NYSE:KEN
|
$4.06 Billion |
|
CITIC Heavy Industries Co Ltd
SHG:601608
|
$4.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hamilton Lane Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 525,153,000 to 717,281,000, a change of 192,128,000 (36.6%).
- Net income of 217,417,000 contributed positively to equity growth.
- Dividend payments of 119,800,000 reduced retained earnings.
- Share repurchases of 253,869,000 reduced equity.
- New share issuances of 248,403,000 increased equity.
- Other comprehensive income decreased equity by 676,099,000.
- Other factors increased equity by 776,076,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $217.42 Million | +30.31% |
| Dividends Paid | $119.80 Million | -16.7% |
| Share Repurchases | $253.87 Million | -35.39% |
| Share Issuances | $248.40 Million | +34.63% |
| Other Comprehensive Income | $-676.10 Million | -94.26% |
| Other Changes | $776.08 Million | +108.2% |
| Total Change | $- | 36.59% |
Book Value vs Market Value Analysis
This analysis compares Hamilton Lane Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 28.10x to 6.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-03-31 | $3.29 | $92.56 | x |
| 2016-03-31 | $-7.22 | $92.56 | x |
| 2017-03-31 | $3.27 | $92.56 | x |
| 2018-03-31 | $4.13 | $92.56 | x |
| 2019-03-31 | $4.54 | $92.56 | x |
| 2020-03-31 | $5.44 | $92.56 | x |
| 2021-03-31 | $7.14 | $92.56 | x |
| 2022-03-31 | $6.46 | $92.56 | x |
| 2023-03-31 | $7.74 | $92.56 | x |
| 2024-03-31 | $9.74 | $92.56 | x |
| 2025-03-31 | $15.03 | $92.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hamilton Lane Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 30.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.49%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.36x
- Recent ROE (30.31%) is below the historical average (35.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 127.14% | 46.02% | 0.77x | 3.58x | $65.88 Million |
| 2016 | 0.00% | 31.59% | 0.92x | 0.00x | $69.44 Million |
| 2017 | 1.02% | 0.34% | 0.75x | 4.01x | $-5.39 Million |
| 2018 | 22.11% | 7.11% | 0.83x | 3.75x | $9.50 Million |
| 2019 | 30.46% | 13.31% | 0.70x | 3.27x | $22.55 Million |
| 2020 | 39.29% | 22.20% | 0.58x | 3.06x | $45.35 Million |
| 2021 | 41.16% | 28.69% | 0.30x | 4.77x | $74.21 Million |
| 2022 | 42.09% | 39.68% | 0.28x | 3.73x | $111.30 Million |
| 2023 | 26.27% | 20.64% | 0.46x | 2.75x | $67.58 Million |
| 2024 | 26.82% | 25.43% | 0.44x | 2.42x | $88.34 Million |
| 2025 | 30.31% | 30.49% | 0.42x | 2.36x | $145.69 Million |
Industry Comparison
This section compares Hamilton Lane Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,282,182,370
- Average return on equity (ROE) among peers: -7.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hamilton Lane Inc (HLNE) | $1.33 Billion | 127.14% | 0.64x | $4.07 Billion |
| Acadian Asset Management Inc (AAMI) | $384.40 Million | 74.58% | 2.59x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 15.33% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $141.30 Million | 14.06% | 0.03x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $17.85 Million | -32.96% | 4.15x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $9.71 Billion | 10.60% | 12.87x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $-303.04 Million | 0.00% | 0.00x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $-641.09 Million | 0.00% | 0.00x | $2.65 Billion |
About Hamilton Lane Inc
Hamilton Lane Incorporated is a private equity and venture capital firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. The firm manages alternative investment strategies like direct credit, direct, fund of fund, evergreen and real assets. For primary and secondary fund… Read more