Houlihan Lokey (HLI) FCF conversion US GAAP (year values)

FY2023 FY2024 FY2025 FY2026 FY2026   LTM ? 5 years average
FCF conversion, % 19.7% 61.2% 135.4% 112.7%   60.5%  
Changes by years, y/y, % -90pp +42pp +74pp -135pp     88%

Houlihan Lokey. FCF conversion, %

Houlihan Lokey. FCF conversion, changes, pp

Houlihan Lokey (HLI) FCF conversion US GAAP (quarter values)

FY2026Q3 FY2026Q4 FY2026Q4 FY2027Q1 FY2027Q1   LTM ?
FCF conversion, % 116.3% 201.2% -397.7%   60.5%
Changes by years, y/y, % -49pp -196pp +5pp +100pp -297pp    
Changes by quarters, q/q, % -64pp -116pp -201pp    

Houlihan Lokey. FCF conversion, %

Houlihan Lokey. FCF conversion, changes, pp

Houlihan Lokey. FCF conversion, changes, pp