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Hamilton Lane Incorporated

NASDAQ•HLNE
CEO: Mr. Mario Lucio Giannini J.D.
Sector: Financial Services
Industry: Asset Management
Listing Date: 2017-03-01
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. For primary and secondary fund of fund investments, the firm focuses to invest in private equity, buyout, special situations, credit, growth equity, middle market, mature, turnarounds, mezzanine and venture capital funds. It prefers to invest in energy, industrials, commercial services, internet software & services, consumer discretionary, health care, real estate, information technology, tech-enabled businesses, financials, utilities, and consumer services. The firm prefers to invest in Africa/Middle East, Asia/Pacific, Europe, Latin America and Caribbean, United States of America, California and surrounding states, Australia, Japan, United Kingdom, and Canada. The firm prefers to invest between $1 million and $100 million in companies with small- to mid-sized enterprise values. It prefers to take majority stake. Hamilton Lane Incorporated was founded in 1991 and is based in Conshohocken, Pennsylvania with additional offices across Europe, North America, Asia Pacific and the Middle East.
Contact Information
110 Washington Street, Suite 1300 Conshohocken, Philadelphia, PA, 19428, United States
610-934-2222
www.hamiltonlane.com
Market Cap
$4.45B
P/E (TTM)
13.4
0
Dividend Yield
2.7%
52W High
$161.13
52W Low
$75.93
52W Range
5%
Rank21Top 7.6%
6.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2026 Data

Revenue

$193.57M+0.00%
4-Quarter Trend

EPS

$1.58+0.00%
4-Quarter Trend

FCF

$101.23M+0.00%
4-Quarter Trend

2026 Q3 Earnings Highlights

Key Highlights

Total Revenues Increased Total revenues reached $565.4M, growing $50.4M, driven by management fees and incentive fees across nine months.
Net Income Attributable Growth Net income attributable to HLI was $183.0M for nine months, reflecting $16.1M increase over prior year period.
Strong Operating Cash Flow Net cash provided by operating activities totaled $321.9M, up $60.4M, supporting capital deployment needs effectively.
Fee Earning AUM Expansion Fee-earning AUM grew $7.1B over nine months, reaching $79.1B, primarily from new commitments and allocations.

Risk Factors

Incentive Fee Volatility Risk Incentive fees are volatile, largely unpredictable regarding amount and timing, impacting revenue consistency significantly.
Reliance on Subsidiary Distributions Company relies on distributions from Hamilton Lane Advisors, L.L.C. (HLA) to fund dividends and cover overhead expenses.
Interest Rate Exposure Floating rate debt exposure means 100 basis point rate increase estimates $0.8M higher interest expense over next 12 months.
Competition for Investments Intense industry competition affects access to investments and securing customized advisory clients, impacting growth potential.

Outlook

Guardian Strategic Partnership Entered long-term partnership with Guardian, overseeing $5B portfolio and securing $500M annual commitment for ten years.
Capital Access Maintained $143.1M availability under Loan Agreements remains, supporting liquidity needs and potential strategic technology investments.
Stock Repurchase Program Full $50M stock repurchase authority remains available under the program, which was re-approved in December 2024.
Tax Receivable Payments Expect periodic payments under TRA, requiring 85% of realized tax benefits to be paid out to pre-IPO members.

Peer Comparison

Revenue (TTM)

PNFP stock ticker logoPNFP
$4.01B
+40.1%
FCFS stock ticker logoFCFS
$3.88B
+14.4%
JHG stock ticker logoJHG
$3.18B
+25.0%

Gross Margin (Latest Quarter)

AMG stock ticker logoAMG
81.0%
-5.3pp
MAIN stock ticker logoMAIN
79.2%
+0.4pp
JHG stock ticker logoJHG
73.0%
+1.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
FCFS$9.86B28.115.9%48.7%
AMG$9.37B12.623.4%31.1%
JHG$7.99B10.115.4%5.1%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.2%
Moderate Growth
4Q Net Income CAGR
7.2%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Aug 4, 2026
|
EPS:$1.46
|
Revenue:$212.10M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data