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Hamilton Lane (Hamilton Lane) Return-on-Tangible-Equity : 16.77% (As of Dec. 2023)


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What is Hamilton Lane Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hamilton Lane's annualized net income for the quarter that ended in Dec. 2023 was $78.0 Mil. Hamilton Lane's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $465.2 Mil. Therefore, Hamilton Lane's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 16.77%.

The historical rank and industry rank for Hamilton Lane's Return-on-Tangible-Equity or its related term are showing as below:

HLNE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 25.05   Med: 40.75   Max: 49.91
Current: 28.41

During the past 10 years, Hamilton Lane's highest Return-on-Tangible-Equity was 49.91%. The lowest was 25.05%. And the median was 40.75%.

HLNE's Return-on-Tangible-Equity is ranked better than
89.97% of 1675 companies
in the Asset Management industry
Industry Median: 4.62 vs HLNE: 28.41

Hamilton Lane Return-on-Tangible-Equity Historical Data

The historical data trend for Hamilton Lane's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hamilton Lane Return-on-Tangible-Equity Chart

Hamilton Lane Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.59 45.90 49.89 49.91 28.63

Hamilton Lane Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.85 30.70 29.17 37.44 16.77

Competitive Comparison of Hamilton Lane's Return-on-Tangible-Equity

For the Asset Management subindustry, Hamilton Lane's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hamilton Lane's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hamilton Lane's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hamilton Lane's Return-on-Tangible-Equity falls into.



Hamilton Lane Return-on-Tangible-Equity Calculation

Hamilton Lane's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=109.12/( (346.878+415.444 )/ 2 )
=109.12/381.161
=28.63 %

Hamilton Lane's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=78.024/( (462.52+467.947)/ 2 )
=78.024/465.2335
=16.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hamilton Lane  (NAS:HLNE) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Hamilton Lane Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Hamilton Lane's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Hamilton Lane (Hamilton Lane) Business Description

Traded in Other Exchanges
Address
110 Washington Street, Suite 1300, Conshohocken, PA, USA, 19428
Hamilton Lane Inc is a private market investment solutions provider in the United States. It works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world. The company offers a range of investment solutions across a range of private markets, including private equity, private credit, real estate, infrastructure, natural resources, growth equity and venture capital.
Executives
Drew Thomas Carl officer: Principal Accounting Officer 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428-2053
Atul Varma officer: Chief Financial Officer 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Jeffrey Brian Armbrister officer: Chief Financial Officer 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428-2053
Oakville Number 2 Trust 10 percent owner 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Reynoldo Vann Graves director 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Juan Delgado-moreira 10 percent owner, officer: Managing Director 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Hartley R. Rogers director, 10 percent owner, officer: Chairman 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Leslie F Varon director 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Tara Blackburn 10 percent owner ONE PRESIDENTIAL BOULEVARD, 4TH FLOOR, BALA CNYWYD PA 19004
Michael John Kelly 10 percent owner ONE PRESIDENTIAL BOULEVARD, 4TH FLOOR, BALA CYNWYD PA 19004
Edward B. Whittemore 10 percent owner 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Laurence Whittemore 10 percent owner ONE PRESIDENTIAL BOULEVARD, 4TH FLOOR, BALA CYNWYD PA 19004
Initial Trust Under The Frederick B. Whittemore 2008 Children's Trust Agreement Dated 11/25/2008 10 percent owner ONE PRESIDENTIAL BOULEVARD, 4TH FLOOR, BALA CYNWYD PA 19004
2008 Sexton Des. Trust Fbo Laura Sexton 10 percent owner 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
2008 Sexton Des. Trust Fbo Matthew Sexton 10 percent owner 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428