HLNE (Hamilton Lane) EBIT: $477.9 Mil (TTM As of Mar. 2026)


HLNE Hamilton Lane Inc HLNE
77 GF Score
Price $73.79
GF Value $156.08
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Hamilton Lane EBIT?

Hamilton Lane HLNE -2.43% 77 EBIT is $477.9 Mil as of Mar. 2026. GuruFocus rates HLNE with a GF Score™ of 77/100 and a GF Value™ of $156.08 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Hamilton Lane's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $133.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $477.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hamilton Lane's annualized ROC % for the quarter that ended in Mar. 2026 was 16.86%. Hamilton Lane's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 546.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hamilton Lane's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.68%.


Hamilton Lane  (NAS:HLNE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hamilton Lane's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=328.988 * ( 1 - 12.01% )/( (1635.051 + 1799.115)/ 2 )
=289.4765412/1717.083
=16.86 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2170.813 - 286.438 - ( 340.187 - max(0, 318.23 - 567.554+340.187))
=1635.051

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2304.896 - 290.67 - ( 363.896 - max(0, 346.231 - 561.342+363.896))
=1799.115

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Hamilton Lane's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=533.684/( ( (99.01 + max(-126.179, 0)) + (96.422 + max(-172.616, 0)) )/ 2 )
=533.684/( ( 99.01 + 96.422 )/ 2 )
=533.684/97.716
=546.16 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(171.813 + 0 + 20.238) - (286.438 + 31.792 + 0)
=-126.179

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(151.824 + 0 + 21.791) - (290.67 + 55.561 + 0)
=-172.616

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hamilton Lane's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=477.876/3768.318
=12.68 %

* 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.


Hamilton Lane EBIT Related Terms


Hamilton Lane EBIT Historical Data

* Premium members only.

The historical data trend for Hamilton Lane's EBIT 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.

Hamilton Lane EBIT Chart

Hamilton Lane Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 318.31 251.23 292.84 375.61 477.88

Hamilton Lane Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 92.07 99.31 121.41 123.74 133.42

HLNE vs UTG, STEP, DNP: EBIT Comparison

For the Asset Management subindustry, Hamilton Lane's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hamilton Lane's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hamilton Lane's EV-to-EBIT falls into.


HLNE
77GF Score
Hamilton Lane Inc HLNE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamilton Lane EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $477.9 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $477.9 Mil mean?
Hamilton Lane (HLNE) has a EBIT of $477.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hamilton Lane.
Is Hamilton Lane's EBIT too high?
Hamilton Lane's current EBIT is $477.9 Mil. Overall, Hamilton Lane has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hamilton Lane's EBIT compare to UTG and STEP?
Hamilton Lane's EBIT of $477.9 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Asset Management company?
A good EBIT depends on the Asset Management industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hamilton Lane. Hamilton Lane's current EBIT is $477.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Lane stock overvalued right now?
Based on GuruFocus' analysis, Hamilton Lane (HLNE) is currently considered Significantly Undervalued. The stock's GF Value™ is $156.08, compared to a current price of $73.79 — trading 52.7% below its estimated fair value. The current EBIT is $477.9 Mil. Hamilton Lane's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Hamilton Lane (HLNE), the current EBIT is $477.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hamilton Lane (HLNE) Overvalued in 2026?

Based on GuruFocus' analysis, Hamilton Lane stock appears to be undervalued. The current stock price of $73.79 is trading 52.7% below its estimated GF Value™ of $156.08. GuruFocus considers Hamilton Lane to be Significantly Undervalued.

Key valuation signals for HLNE:

  • EBIT: $477.9 Mil
  • GF Value™: $156.08 vs. price of $73.79 (52.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the HLNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamilton Lane Business Description

Other Exchanges 1M0:Germany
Address 110 Washington Street, Suite 1300, Conshohocken, PA, USA, 19428
Hamilton Lane Inc is a private markets investment firm globally, providing solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 750 professionals operating in offices throughout North America, Europe, Asia Pacific, and the Middle East. It has approximately $986 billion in assets under management and supervision, composed of nearly $141 billion in discretionary assets and more than $845 billion in non-discretionary assets. The group specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors, and geographies.
77GF Score

Get the complete analysis for HLNE

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$73.79
Price
$156.08
GF Value