Houlihan Lokey (FRA:2HL) Net Income: €349 Mil (TTM As of Jun. 2026)

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FRA:2HL Houlihan Lokey Inc FRA:2HL
89 GF Score
Price €114.80
GF Value €154.60
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Houlihan Lokey Net Income?

Houlihan Lokey FRA:2HL 89 Net Income is €349 Mil as of Jun. 2026. GuruFocus rates FRA:2HL with a GF Score™ of 89/100 and a GF Value™ of €154.60 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Houlihan Lokey's Net Income for the three months ended in Jun. 2026 was €68 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was €349 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Houlihan Lokey's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was €1.00.


Houlihan Lokey  (FRA:2HL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Houlihan Lokey's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Houlihan Lokey Net Income Related Terms


Houlihan Lokey Net Income Historical Data

* Premium members only.

The historical data trend for Houlihan Lokey's Net Income 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.

Houlihan Lokey Net Income Chart

Houlihan Lokey Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 397.48 237.44 257.88 369.73 368.23

Houlihan Lokey Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income 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 84.97 95.24 99.53 86.36 67.70
FRA:2HL
89GF Score
Houlihan Lokey Inc FRA:2HL
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Houlihan Lokey Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Houlihan Lokey's Net Income for the fiscal year that ended in Mar. 2026 is calculated as

Net Income(A: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=486.359+-119.449+0+1.318
=368

Houlihan Lokey's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=74.648+-6.944+0+0
=68

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €349 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 Net Income →
What does a Net Income of €349 Mil mean?
Houlihan Lokey (FRA:2HL) has a Net Income of €349 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Houlihan Lokey and its competitors.
Is Houlihan Lokey's Net Income too high?
Houlihan Lokey's current Net Income is €349 Mil. Overall, Houlihan Lokey has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Houlihan Lokey's Net Income compare to XP and HUT?
Houlihan Lokey's Net Income of €349 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Capital Markets company?
A good Net Income depends on the Capital Markets industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Houlihan Lokey and its competitors. Houlihan Lokey's current Net Income is €349 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Houlihan Lokey stock overvalued right now?
Based on GuruFocus' analysis, Houlihan Lokey (FRA:2HL) is currently considered Modestly Undervalued. The stock's GF Value™ is €154.60, compared to a current price of €114.80 — trading 25.7% below its estimated fair value. The current Net Income is €349 Mil. Houlihan Lokey's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Houlihan Lokey (FRA:2HL), the current Net Income is €349 Mil as of Jun. 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 Houlihan Lokey (FRA:2HL) Overvalued in 2026?

Based on GuruFocus' analysis, Houlihan Lokey stock appears to be undervalued. The current stock price of €114.80 is trading 25.7% below its estimated GF Value™ of €154.60. GuruFocus considers Houlihan Lokey to be Modestly Undervalued.

Key valuation signals for FRA:2HL:

  • Net Income: €349 Mil
  • GF Value™: €154.60 vs. price of €114.80 (25.7% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the FRA:2HL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Houlihan Lokey Business Description

Other Exchanges HLI:USA
Address 10250 Constellation Boulevard, 5th Floor, Los Angeles, CA, USA, 90067
Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments world-wide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. The Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.
89GF Score

Get the complete analysis for FRA:2HL

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

€114.80
Price
€154.60
GF Value