HLNE: Hamilton Lane Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Hamilton Lane Inc (HLNE).
$8.24B Market Cap.
HLNE Market Cap. (MRY)
HLNE Shares Outstanding (MRY)
HLNE Assets (MRY)
Total Assets
$1.69B
Total Liabilities
$766.46M
Total Investments
$761.05M
HLNE Income (MRY)
Revenue
$712.96M
Net Income
$217.42M
Operating Expense
$396.41M
HLNE Cash Flow (MRY)
CF Operations
$300.82M
CF Investing
-$117.58M
CF Financing
-$19.16M
HLNE Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $1,690,355,000 (32.97%) | $1,271,200,000 (11.46%) | $1,140,543,000 (-11.92%) | $1,294,946,000 (13.94%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $717,281,000 (36.59%) | $525,153,000 (26.41%) | $415,444,000 (19.77%) | $346,878,000 (45.67%) |
Property Plant & Equipment Net | $98,999,000 (3.73%) | $95,438,000 (5.16%) | $90,752,000 (-3.94%) | $94,478,000 (7.74%) |
Cash & Equivalents | $283,604,000 (137.09%) | $119,619,000 (2.63%) | $116,552,000 (52.96%) | $76,197,000 (-15.69%) |
Accumulated Other Comprehensive Income | -$141,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $761,054,000 (20.37%) | $632,272,000 (7.54%) | $587,965,000 (-25.56%) | $789,841,000 (21.58%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $197,628,000 (69.72%) | $116,441,000 (114.34%) | $54,326,000 (1.09%) | $53,741,000 (69.55%) |
Trade & Non-Trade Payables | $5,469,000 (21.40%) | $4,505,000 (-1.18%) | $4,559,000 (61.27%) | $2,827,000 (30.10%) |
Accumulated Retained Earnings (Deficit) | $455,511,000 (43.83%) | $316,696,000 (29.89%) | $243,823,000 (31.69%) | $185,149,000 (111.57%) |
Tax Assets | $308,525,000 (17.81%) | $261,887,000 (11.96%) | $233,912,000 (-4.54%) | $245,046,000 (-2.74%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $368,320,000 (33.84%) | $275,192,000 (-5.87%) | $292,350,000 (15.29%) | $253,570,000 (6.34%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $766,460,000 (28.76%) | $595,242,000 (5.10%) | $566,351,000 (1.59%) | $557,460,000 (2.04%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
HLNE Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $712,963,000 (28.73%) | $553,842,000 (4.74%) | $528,753,000 (43.71%) | $367,919,000 (7.69%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $396,411,000 (28.69%) | $308,024,000 (6.69%) | $288,713,000 (45.55%) | $198,355,000 (6.70%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $396,411,000 (28.69%) | $308,024,000 (6.69%) | $288,713,000 (45.55%) | $198,355,000 (6.70%) |
Interest Expense | $13,332,000 (19.30%) | $11,175,000 (29.69%) | $8,617,000 (85.79%) | $4,638,000 (85.30%) |
Income Tax Expense | $48,509,000 (-10.92%) | $54,454,000 (-1.75%) | $55,425,000 (-16.56%) | $66,423,000 (172.04%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $313,768,000 (38.10%) | $227,207,000 (21.38%) | $187,185,000 (-24.29%) | $247,253,000 (46.49%) |
Net Income to Non-Controlling Interests | $96,351,000 (11.58%) | $86,349,000 (10.61%) | $78,065,000 (-22.91%) | $101,267,000 (43.11%) |
Net Income | $217,417,000 (54.35%) | $140,858,000 (29.09%) | $109,120,000 (-25.25%) | $145,986,000 (48.93%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $217,417,000 (54.35%) | $140,858,000 (29.09%) | $109,120,000 (-25.25%) | $145,986,000 (48.93%) |
Weighted Average Shares | $55,439,586 (2.65%) | $54,005,799 (0.35%) | $53,817,230 (1.11%) | $53,227,703 (0.89%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $279,258,000 (35.24%) | $206,487,000 (19.24%) | $173,162,000 (-20.22%) | $217,047,000 (73.72%) |
Gross Profit | $712,963,000 (28.73%) | $553,842,000 (4.74%) | $528,753,000 (43.71%) | $367,919,000 (7.69%) |
Operating Income | $316,552,000 (28.77%) | $245,818,000 (2.41%) | $240,040,000 (41.56%) | $169,564,000 (8.88%) |
HLNE Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$117,576,000 (3.77%) | -$122,184,000 (-168.68%) | $177,912,000 (352.40%) | -$70,487,000 (83.29%) |
Net Cash Flow from Financing | -$19,157,000 (-535.49%) | $4,399,000 (101.21%) | -$364,146,000 (-221.64%) | -$113,216,000 (-141.83%) |
Net Cash Flow from Operations | $300,820,000 (148.92%) | $120,852,000 (-46.66%) | $226,589,000 (33.66%) | $169,523,000 (-9.90%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $163,985,000 (5246.76%) | $3,067,000 (-92.40%) | $40,355,000 (384.59%) | -$14,180,000 (-138.15%) |
Net Cash Flow - Business Acquisitions and Disposals | -$35,712,000 (18.04%) | -$43,575,000 (41.24%) | -$74,154,000 (-8.53%) | -$68,326,000 (-76.48%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$71,786,000 (-1.33%) | -$70,841,000 (-127.58%) | $256,813,000 (3934.77%) | $6,365,000 (101.75%) |
Capital Expenditure | -$12,156,000 (-9.78%) | -$11,073,000 (-133.26%) | -$4,747,000 (44.32%) | -$8,526,000 (54.25%) |
Issuance (Repayment) of Debt Securities | $93,908,000 (636.62%) | -$17,500,000 (-141.48%) | $42,186,000 (421.78%) | $8,085,000 (-90.87%) |
Issuance (Purchase) of Equity Shares | $245,730,000 (22.61%) | $200,415,000 (362.87%) | $43,298,000 (-40.04%) | $72,207,000 (-84.60%) |
Payment of Dividends & Other Cash Distributions | -$75,997,000 (-16.19%) | -$65,406,000 (9.67%) | -$72,409,000 (-45.90%) | -$49,630,000 (-25.09%) |
Effect of Exchange Rate Changes on Cash | -$102,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $31,407,000 (158.86%) | $12,133,000 (21.94%) | $9,950,000 (34.39%) | $7,404,000 (4.59%) |
Depreciation Amortization & Accretion | $18,292,000 (8.35%) | $16,882,000 (13.28%) | $14,903,000 (-3.13%) | $15,385,000 (33.67%) |
HLNE Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 30.50% (20.08%) | 25.40% (23.30%) | 20.60% (-48.11%) | 39.70% (38.33%) |
EBITDA Margin | 41.70% (3.47%) | 40.30% (13.20%) | 35.60% (-43.67%) | 63.20% (58.40%) |
Return on Average Equity (ROAE) | 34.20% (14.77%) | 29.80% (7.19%) | 27.80% (-40.72%) | 46.90% (-2.70%) |
Return on Average Assets (ROAA) | 14.30% (27.68%) | 11.20% (28.74%) | 8.70% (-26.27%) | 11.80% (-9.92%) |
Return on Sales (ROS) | 39.20% (5.09%) | 37.30% (14.07%) | 32.70% (-44.58%) | 59.00% (61.20%) |
Return on Invested Capital (ROIC) | 17.60% (17.33%) | 15.00% (22.95%) | 12.20% (-21.79%) | 15.60% (0.00%) |
Dividend Yield | 1.30% (-18.75%) | 1.60% (-27.27%) | 2.20% (22.22%) | 1.80% (28.57%) |
Price to Earnings Ratio (P/E) | 27.28 (-10.01%) | 30.31 (24.97%) | 24.26 (26.16%) | 19.23 (-38.78%) |
Price to Sales Ratio (P/S) | 11.56 (5.14%) | 10.99 (46.02%) | 7.53 (-32.66%) | 11.18 (-18.24%) |
Price to Book Ratio (P/B) | 11.49 (-0.91%) | 11.6 (21.01%) | 9.58 (-19.20%) | 11.86 (-39.55%) |
Debt to Equity Ratio (D/E) | 1.07 (-5.65%) | 1.13 (-16.87%) | 1.36 (-15.18%) | 1.61 (-29.95%) |
Earnings Per Share (EPS) | 5.45 (46.51%) | 3.72 (21.97%) | 3.05 (-24.13%) | 4.02 (42.55%) |
Sales Per Share (SPS) | 12.86 (25.40%) | 10.26 (4.38%) | 9.82 (42.14%) | 6.91 (6.75%) |
Free Cash Flow Per Share (FCFPS) | 5.21 (156.12%) | 2.03 (-50.68%) | 4.12 (36.26%) | 3.02 (-5.85%) |
Book Value Per Share (BVPS) | 12.94 (33.05%) | 9.72 (25.96%) | 7.72 (18.46%) | 6.52 (44.41%) |
Tangible Assets Book Value Per Share (TABVPS) | 30.49 (29.54%) | 23.54 (11.06%) | 21.19 (-12.89%) | 24.33 (12.94%) |
Enterprise Value Over EBIT (EV/EBIT) | 30 (0.00%) | 30 (25.00%) | 24 (20.00%) | 20 (-47.37%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 27.84 (0.35%) | 27.75 (27.05%) | 21.84 (19.09%) | 18.34 (-47.04%) |
Asset Turnover | 0.47 (6.59%) | 0.44 (4.02%) | 0.42 (42.42%) | 0.3 (-35.15%) |
Current Ratio | - | - | - | - |
Dividends | $1.96 (10.11%) | $1.78 (11.25%) | $1.6 (14.29%) | $1.4 (12.00%) |
Free Cash Flow (FCF) | $288,664,000 (162.95%) | $109,779,000 (-50.51%) | $221,842,000 (37.79%) | $160,997,000 (-5.03%) |
Enterprise Value (EV) | $8,284,756,251 (33.68%) | $6,197,383,895 (50.90%) | $4,106,978,675 (-3.64%) | $4,262,116,165 (-9.78%) |
Earnings Before Tax (EBT) | $265,926,000 (36.15%) | $195,312,000 (18.70%) | $164,545,000 (-22.53%) | $212,409,000 (73.48%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $297,550,000 (33.21%) | $223,369,000 (18.77%) | $188,065,000 (-19.09%) | $232,432,000 (70.34%) |
Invested Capital | $1,775,071,000 (24.41%) | $1,426,773,000 (8.39%) | $1,316,341,000 (-10.59%) | $1,472,319,000 (14.61%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $1,690,355,000 (32.97%) | $1,271,200,000 (11.46%) | $1,140,543,000 (-11.92%) | $1,294,946,000 (13.94%) |
Market Capitalization | $8,242,203,251 (35.35%) | $6,089,693,895 (52.95%) | $3,981,398,675 (-3.22%) | $4,113,969,165 (-11.95%) |
Average Equity | $634,870,250 (34.34%) | $472,597,000 (20.45%) | $392,346,500 (25.92%) | $311,574,000 (53.19%) |
Average Assets | $1,519,406,500 (20.62%) | $1,259,693,500 (0.68%) | $1,251,237,500 (1.16%) | $1,236,918,500 (65.64%) |
Invested Capital Average | $1,587,582,000 (15.58%) | $1,373,626,750 (-3.08%) | $1,417,298,500 (1.91%) | $1,390,701,250 (74.01%) |
Shares | 55,439,586 (2.65%) | 54,005,799 (0.35%) | 53,817,230 (1.11%) | 53,227,703 (0.89%) |
