# Hamilton Lane Incorporated (HLNE) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Capital Markets. Price $103.06, market value $5.7 billion.

## Valuation
- **P/E (trailing): 15.7×** (5-yr avg 17.9×). Hamilton Lane Incorporated trades at 15.7× trailing earnings, close to its own five-year average of 17.9×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 14.1×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 6.6×**. Each dollar of revenue is priced at 6.6×.
- **Price / book: 4.7×**. The shares trade at 4.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 6.4%**. Free cash flow equals 6.4% of the market value. Above 5% is generally attractive.
- **Earnings yield: 6.4%**. The inverse of the P/E: 6.4% of the price is earned each year.

## Profitability
- **Net margin: 32.8%**. 32.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 27.2%**. 27.2% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 12.0%**. Each dollar of assets produces 12.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 6.5%** (3-yr 12.8%/yr, 5-yr 17.3%/yr). Revenue grew 6.5% over the last year, against 17.3% a year compounded over five years: growth is slowing.
- **Free-cash-flow growth (3 yr): 23.6%/yr**. Free cash flow has compounded at 23.6% a year over three years.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.33%** ($2.22 per share, trailing). Hamilton Lane Incorporated yields 2.33%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 35%** (25% of free cash flow). 35% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 9**. 9 straight years of increases.
- **Dividend growth (5 yr): 11.7%/yr** (1-yr 10.2%). The dividend has compounded at 11.7% a year over five years, doubling roughly every 6 years at that pace.

## Analyst view
- **Analyst consensus: buy** (7 analysts). 7 analysts cover Hamilton Lane Incorporated; the consensus is buy, with an average price target of $133.43 (+29% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -28.5%** (YTD -22.3%, 3-mo 29.0%). The shares are down 28.5% over twelve months including dividends.
- **From 52-week high: -33.8%** (43.4% above the low). Trading 34% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 1.22** (volatility 42%). Beta of 1.22 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HLNE · Page: https://foliofundamentals.com/stocks/hlne

Not investment advice.