Houlihan Lokey (HLI) vs Hamilton Lane (HLNE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Hamilton Lane (HLNE) has outperformed Houlihan Lokey (HLI) over the past year, losing 28.5% versus a loss of 31.4%. Over five years, HLI leads with a +28.5% price change compared with -6.1% for HLNE. Houlihan Lokey is the larger company by market cap ($9.10 billion vs $5.74 billion), about 1.6 times the size.
On valuation, Hamilton Lane trades at a lower forward P/E (11.6x vs 15.1x for Houlihan Lokey). Hamilton Lane offers the higher dividend yield (2.59% vs 1.92%). Hamilton Lane converts more of its revenue into profit, with a net margin of 32.8% versus 16.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HLI | HLNE |
|---|---|---|
| Share price | $130.16 | $85.67 |
| Market cap | $9.10B | $5.74B |
| 1-day change | +3.69% | +0.01% |
| YTD return | -25.28% | -36.22% |
| 1-year return | -31.42% | -28.50% |
| 5-year return | +28.49% | -6.06% |
| P/E ratio (TTM) | 21.84 | 13.06 |
| Forward P/E | 15.07 | 11.63 |
| EPS (TTM) | $5.96 | $6.56 |
| Dividend yield | 1.92% | 2.59% |
| Annual dividend | $2.50 | $2.22 |
| Revenue (latest FY) | $2.62B | $758.99M |
| Revenue growth (YoY) | +9.55% | +6.46% |
| Net income (latest FY) | $425.70M | $249.18M |
| Operating margin | 20.13% | — |
| Net margin | 16.26% | 32.83% |
| 52-week high | $204.18 | $155.66 |
| 52-week low | $112.83 | $71.88 |
| Distance from 52-week high | -36.25% | -44.96% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +18.70% | +51.02% |
| Average volume | 873.23K | 661.06K |
| Shares outstanding | 54.20M | 43.35M |
| Employees | 2,800 | 800 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Houlihan Lokey trades at a higher earnings multiple (21.8x vs 13.1x trailing P/E).
- Hamilton Lane is more profitable, keeping 32.8 cents of every revenue dollar as net income versus 16.3 cents for Houlihan Lokey.
About Houlihan Lokey
HLI stock →Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructurings and liability management, and financial and valuation advisory services worldwide. The company operates in three segments: Corporate Finance (CF), Financial Restructuring (FR), and Financial and Valuation Advisory (FVA).
Finance · Investment Managers · 2,800 employees
About Hamilton Lane
HLNE stock →Hamilton Lane Incorporated is a private equity and venture capital firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. The firm manages alternative investment strategies like direct credit, direct, fund of fund, evergreen and real assets.
Finance · Investment Managers · 800 employees
HLI vs HLNE FAQ
Which is bigger, Houlihan Lokey or Hamilton Lane?
Houlihan Lokey (HLI) is larger, with a market capitalization of $9.10B compared with $5.74B for Hamilton Lane (HLNE).
Which stock has performed better over the past year, HLI or HLNE?
HLNE returned -28.50% over the past 12 months, compared with -31.42% for HLI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HLI or HLNE?
HLNE has the lower trailing P/E at 13.1, versus 21.8 for HLI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Houlihan Lokey or Hamilton Lane?
Hamilton Lane has the higher yield at 2.59%, compared with 1.92% for Houlihan Lokey.
Are Houlihan Lokey and Hamilton Lane in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.