Houlihan Lokey, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2017 | 27.7% | 20.9% | 12.4% |
| FY2018 | 28.8% | 22.3% | 17.9% |
| FY2019 | 28.2% | 20.2% | 14.7% |
| FY2020 | 27.8% | 19.8% | 15.9% |
| FY2021 | 34.2% | 26.8% | 20.5% |
| FY2022 | 35.0% | 27.0% | 19.3% |
| FY2023 | 30.8% | 18.9% | 14.0% |
| FY2024 | 29.8% | 19.5% | 14.6% |
| FY2025 | 32.3% | 21.0% | 16.7% |
| FY2026 | — | 20.1% | 16.3% |