📊 HLNE Key Takeaways
Is HLNE a Good Investment? Thesis Analysis
Hamilton Lane demonstrates exceptional fundamental strength with 28.7% revenue growth, extraordinary operating margins of 58.9%, and outstanding free cash flow generation of $317.8M (56.2% FCF margin). The conservative balance sheet (0.32x D/E, 163.0x interest coverage) and robust 20.9% ROE indicate efficient capital deployment and low financial risk. The 30.7% net income decline despite strong top-line growth warrants investigation into non-operating factors, but overall cash-generation capacity and profitability metrics support conviction.
Why Buy HLNE? Key Strengths
- Outstanding revenue growth of 28.7% YoY signals strong market demand and business momentum
- Exceptional free cash flow generation with 56.2% FCF margin and minimal capex ($4.1M) - highly cash-generative business model
- Industry-leading 58.9% operating margin demonstrates pricing power and operational leverage in investment advisory services
- Conservative capital structure with 0.32x debt-to-equity and 163.0x interest coverage - minimal financial distress risk
- Strong return on equity of 20.9% and ROA of 8.4% indicate efficient capital deployment
- Substantial cash position of $348M provides strategic flexibility
HLNE Investment Risks to Consider
- Net income declined 30.7% YoY despite robust revenue growth - suggests potential one-time charges, expense acceleration, or margin compression requiring clarification
- Concentrated revenue exposure to investment advisory sector may create cyclicality linked to asset markets and economic conditions
- Insider Form 4 filings (11 in 90 days) lack context on transaction direction (buy vs. sell) and could indicate strategic uncertainty
Key Metrics to Watch
- Net income trend and reconciliation of divergence with revenue growth - investigate drivers of 30.7% YoY decline
- Operating expense ratio and headcount growth relative to revenue expansion
- Assets under management (AUM) and fee realization trends - key revenue drivers for investment advisory business
- Free cash flow consistency and capital allocation priorities (dividends, buybacks, debt reduction)
HLNE Financial Metrics
💡 AI Analyst Insight
The 56.2% 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 Profitability Ratios
HLNE vs Default Sector
How Hamilton Lane INC compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is HLNE Overvalued or Undervalued?
Based on fundamental analysis, Hamilton Lane INC appears fundamentally strong relative to the Default 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.
HLNE Balance Sheet & Liquidity
HLNE 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Hamilton Lane INC's revenue has grown significantly by 109% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.15 reflects profitable operations.
HLNE Growth Metrics (YoY)
HLNE Quarterly 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.
HLNE Capital Allocation
HLNE SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Hamilton Lane INC (CIK: 0001433642)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773788573.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773788458.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773788314.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773788237.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773787846.xml | View → |
❓ Frequently Asked Questions about HLNE
What is the AI rating for HLNE?
Hamilton Lane INC (HLNE) has an AI rating of BUY with 87% confidence, based on fundamental analysis of SEC EDGAR filings.
What are HLNE's key strengths?
Claude: Outstanding revenue growth of 28.7% YoY signals strong market demand and business momentum. Exceptional free cash flow generation with 56.2% FCF margin and minimal capex ($4.1M) - highly cash-generative business model.
What are the risks of investing in HLNE?
Claude: Net income declined 30.7% YoY despite robust revenue growth - suggests potential one-time charges, expense acceleration, or margin compression requiring clarification. Concentrated revenue exposure to investment advisory sector may create cyclicality linked to asset markets and economic conditions.
What is HLNE's revenue and growth?
Hamilton Lane INC reported revenue of $565.4M.
Does HLNE pay dividends?
Hamilton Lane INC pays dividends, with $65.1M 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 April 2026, Hamilton Lane INC has a BUY rating with 87% 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 20.9% (sector avg: 15%), net margin of 32.4% (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 $321.9M, with capital expenditures of $4.1M. FCF margin is 56.2%.
How does HLNE compare to other Default stocks?
Vs Default sector averages: Net margin 32.4% (avg: 12%), ROE 20.9% (avg: 15%), current ratio N/A (avg: 1.8).