{
  "url": "https://struct.news/briefs/houlihan-lokey-is-earning-tidy-margins-while-the-stock-gets-whipsawed",
  "title": "Fewer closed deals shrank Houlihan’s quarter, and the firm still paid out cash",
  "summary": "Revenue fell 15.5% to $511.0M and operating cash flow swung to a $336.0M outflow, even as the firm continued dividends, buybacks and tax settlements.",
  "published_at": "2026-07-31T20:56:55.472008+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": null,
    "ticker": "HLI",
    "cik": "1302215",
    "sector": null,
    "industry": null
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-07-31",
    "accession": "0001302215-26-000067",
    "url": "https://www.sec.gov/Archives/edgar/data/1302215/000130221526000067/hli-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1302215/000130221525000092/hli-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "Valuation snapshot",
      "label": "Market cap",
      "value": 8565995932.32,
      "display": "$8.6B",
      "unit": "usd",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-07-31"
      }
    },
    {
      "group": "Valuation snapshot",
      "label": "Enterprise value",
      "value": 7376541932.32,
      "display": "$7.4B",
      "unit": "usd",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001302215-26-000067",
        "filing_date": "2026-07-31"
      }
    },
    {
      "group": "Valuation snapshot",
      "label": "P/E",
      "value": 20.12228400087386,
      "display": "20.1x",
      "unit": "multiple",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001302215-26-000067",
        "filing_date": "2026-07-31"
      }
    },
    {
      "group": "Valuation snapshot",
      "label": "EV / sales",
      "value": 2.8181458804148667,
      "display": "2.8x",
      "unit": "multiple",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001302215-26-000067",
        "filing_date": "2026-07-31"
      }
    }
  ],
  "watch_next": [],
  "related_tickers": [
    "HLI"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}