Investor Presentaiton
Strong Financial Performance
Strong revenue growth with a five-year CAGR of 13%
$2,270
Revenues
Fiscal year 2022 experienced record results during
13%
$1,809
extremely bullish market conditions
$1,525
17%
16%
•
Adjusted pre-tax income grew at a CAGR of 12% over the same
five-year period
$1,159
12%
22%
$1,084
$963
14%
35%
15%
15%
30%
29%
70%
30%
Maintained solid adjusted pre-tax margins throughout, with higher
pretax margins for fiscal years 2021 and 2022 as a result of
temporarily lower non-compensation expenses as a result of
COVID-19
62%
53%
55%
56%
56%
2018
■Corporate Finance
2019
2020
2021
■Financial Restructuring
2022
2023
Financial and Valuation Advisory
Adjusted Pre-tax Income¹
$434
$264
$282
$244
2018
2019
2020
2021
$680
Adjusted Pre-tax Margin¹
29.9%
28.4%
25.3%
24.4%
24.3%
23.7%
$428
2022
2023
Note: For fiscal years ended March 31. All dollar amounts in millions unless otherwise noted.
1. Adjusted Pre-tax Income and Adjusted Pre-Tax Margin are non-GAAP financial measures. See page 29 for comparable GAAP figures.
2018
2019
2020
2021
2022
2023
Houlihan Lokey | 6View entire presentation