📊 HLNE Key Takeaways
Is Hamilton Lane INC (HLNE) a Good Investment?
Hamilton Lane exhibits exceptional fundamental strength with 61% operating margins, 55.2% free cash flow margins, and a fortress balance sheet (0.30x debt-to-equity). Despite a concerning 35.7% net income decline, the company's robust cash generation, conservative leverage, and substantial $371.9M cash position suggest financial stability. Growth remains modest at 6.5% revenue expansion, reflecting a mature but highly profitable asset management business.
Hamilton Lane displays robust fundamental quality with 29% revenue growth, elite ~59% operating margin, and exceptional 56% FCF margin supported by modest leverage and ample liquidity. The YoY net income decline suggests mix/volatility in performance fees, but strong cash conversion and EPS growth point to an expanding, resilient fee engine.
Why Buy Hamilton Lane INC Stock? HLNE Key Strengths
- Exceptional operating margin of 61% demonstrating strong pricing power and operational efficiency in asset management
- Outstanding free cash flow generation at 55.2% of revenue with minimal capital requirements indicating asset-light business model
- Conservative capital structure with 0.30x debt-to-equity ratio and 226.5x interest coverage ratio providing substantial financial flexibility
- High operating and net margins with strong ROE
- Strong free cash flow and low capex needs
- Healthy balance sheet with modest leverage and high interest cover
HLNE Stock Risks: Hamilton Lane INC Investment Risks
- Net income declined 35.7% year-over-year despite 6.5% revenue growth, indicating significant margin compression or operational headwinds
- Modest revenue growth of only 6.5% suggests limited organic expansion and potential AUM stagnation in the asset management business
- EPS growth of 41.6% driven primarily by share buybacks rather than operational earnings growth raises sustainability concerns
- Earnings volatility from performance fees/carry and valuation marks
- Fundraising and fee-earning AUM growth sensitivity to private-markets cycles
- Potential margin pressure from compensation and revenue-sharing/regulatory changes
Key Metrics to Watch
- Quarterly operating margin trend and explanation for year-over-year net income decline despite revenue growth
- Assets under management (AUM) growth trajectory and management guidance on revenue expansion
- Free cash flow conversion sustainability and capital allocation decisions between buybacks and debt reduction
- Fee-earning AUM and management/advisory fee growth
- Compensation ratio and operating margin excluding performance fees
Hamilton Lane INC (HLNE) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 55.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
HLNE Profit Margin, ROE & Profitability Analysis
HLNE vs Market Sector: How Hamilton Lane INC Compares
How Hamilton Lane INC compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Hamilton Lane INC Stock Overvalued? HLNE Valuation Analysis 2026
Based on fundamental analysis, Hamilton Lane INC appears fundamentally strong relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Hamilton Lane INC Balance Sheet: HLNE Debt, Cash & Liquidity
HLNE Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Hamilton Lane INC's revenue has grown significantly by 106% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.15 reflects profitable operations.
HLNE Revenue Growth, EPS Growth & YoY Performance
HLNE Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $168.3M | $53.0M | N/A |
| Q2 2026 | $150.0M | $55.0M | N/A |
| Q1 2026 | $176.0M | $53.7M | N/A |
| Q3 2025 | $125.3M | $19.5M | N/A |
| Q2 2025 | $126.9M | $42.0M | N/A |
| Q1 2025 | $125.0M | $31.0M | N/A |
| Q3 2024 | $125.3M | $9.7M | N/A |
| Q2 2024 | $126.9M | $34.9M | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Hamilton Lane INC Dividends, Buybacks & Capital Allocation
HLNE SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Hamilton Lane INC (CIK: 0001433642)
📋 Recent SEC Filings
❓ Frequently Asked Questions about HLNE
What is the AI rating for HLNE?
Hamilton Lane INC (HLNE) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are HLNE's key strengths?
Claude: Exceptional operating margin of 61% demonstrating strong pricing power and operational efficiency in asset management. Outstanding free cash flow generation at 55.2% of revenue with minimal capital requirements indicating asset-light business model. ChatGPT: High operating and net margins with strong ROE. Strong free cash flow and low capex needs.
What are the risks of investing in HLNE?
Claude: Net income declined 35.7% year-over-year despite 6.5% revenue growth, indicating significant margin compression or operational headwinds. Modest revenue growth of only 6.5% suggests limited organic expansion and potential AUM stagnation in the asset management business. ChatGPT: Earnings volatility from performance fees/carry and valuation marks. Fundraising and fee-earning AUM growth sensitivity to private-markets cycles.
What is HLNE's revenue and growth?
Hamilton Lane INC reported revenue of $759.0M.
Does HLNE pay dividends?
Hamilton Lane INC pays dividends, with $87.7M distributed to shareholders in the trailing twelve months.
Where can I find HLNE SEC filings?
Official SEC filings for Hamilton Lane INC (CIK: 0001433642) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is HLNE's EPS?
Hamilton Lane INC has a diluted EPS of $3.98.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is HLNE a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Hamilton Lane INC has a BUY rating with 77% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is HLNE stock overvalued or undervalued?
Valuation metrics for HLNE: ROE of 27.2% (sector avg: 15%), net margin of 32.8% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy HLNE stock in 2026?
Our dual AI analysis gives Hamilton Lane INC a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is HLNE's free cash flow?
Hamilton Lane INC's operating cash flow is $424.9M, with capital expenditures of $5.8M. FCF margin is 55.2%.
How does HLNE compare to other Market stocks?
Vs Default sector averages: Net margin 32.8% (avg: 12%), ROE 27.2% (avg: 15%), current ratio N/A (avg: 1.8).
Why is HLNE's return on equity (ROE) so high?
Hamilton Lane INC has a return on equity of 27.2%, significantly above the Market sector average of 15%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 32.8% net margin.