profit from every $100 of sales.
$0$100
Hamilton Lane
$93.73-0.16% today
-28.5% in 1 year
1-year low $73.791-year high $153.84
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
You pay $25.42 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Hamilton Lane sold, what it kept, and what it did with the cash.
Sales went from $529 million in 2023 to $759 million in 2026, with $249 million of profit last year.
SalesProfit
Hamilton Lane handed back 40% of the cash it generated last year.
$142M
Free cash flow 2026$419M
Bought back its own shares$25M
Paid as dividends$142M
Cash vs. debt$364M vs. $356M
Hamilton Lane vs. similar companies
Hamilton Lane grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Hamilton Lane | 25.4× · Fair price | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Hamilton Lane's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 342 | 368 | 529 | 554 | 713 | 759 | |
| – | – | 379 | 387 | 505 | 530 | |
| – | – | 240 | 246 | 317 | 325 | |
| – | – | 259 | 301 | 385 | 488 | |
| 98 | 146 | 109 | 141 | 217 | 249 | |
| – | – | 3.01 | 3.69 | 5.41 | 5.92 | |
| – | – | 71.8% | 70.0% | 70.8% | 69.9% | |
| – | – | 45.4% | 44.4% | 44.4% | 42.8% | |
| 28.7% | 39.7% | 20.6% | 25.4% | 30.5% | 32.8% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 1,137 | 1,295 | 1,141 | 1,271 | 1,690 | 2,305 |
| Cash | 87 | 76 | 112 | 115 | 277 | 364 |
| Total debt | 238 | 296 | 292 | 275 | 368 | 356 |
| Total liabilities | 546 | 557 | 566 | 595 | 766 | 838 |
| 238 | 347 | 415 | 525 | 717 | 915 | |
| – | – | 54 | 54 | 40 | 54 | |
| – | – | 28.0% | 28.9% | 27.3% | 29.7% | |
| 41.2% | 42.1% | 26.3% | 26.8% | 30.3% | 27.2% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 188 | 170 | 227 | 121 | 301 | 425 | |
| 19 | 9 | 5 | 11 | 12 | 6 | |
| 170 | 161 | 222 | 110 | 289 | 419 | |
| Dividends paid | – | – | 136 | 109 | 120 | 142 |
| – | – | 281 | 4 | 5 | 25 | |
| 7 | 7 | 10 | 12 | 31 | 51 |
Valuation
- 25.4×
- 15.7×
- –
- 3.7×
- 8.3×
- 15.1×
- 13.0×
- 6.6%
- 3.9%
- 2.4%
Profitability
- 69.9%
- 42.8%
- 32.8%
- 58.5%
- 14.5%
- 19.6%
- 29.4%
- 10.8%
- 17.6%
- –
Growth
- +17.3%
- –
- +163.0%
- +11.7%
- +4.9%
Financial health
- 0.0×
- 0.41
- 16.6%
- 21.5×
- 1.78
- 1.78
- 0.35
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 14%of 848
Top 17%of 728
Bottom 19%of 880
Top 28%of 878
Top 47%of 932
What analysts expect
- Average price target
- $171.50
- Range
- $141.00 – $230.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 3, 2026 | 1.55 | 1.35 | +14.8% |
| Nov 4, 2025 | 1.54 | 1.08 | +42.6% |
| Aug 5, 2025 | 1.31 | 0.98 | +33.7% |
| May 29, 2025 | 1.21 | 1.17 | +3.4% |
| Feb 4, 2025 | 1.25 | 1.13 | +10.6% |
| Nov 6, 2024 | 1.07 | 1.09 | −1.8% |
| Aug 6, 2024 | 1.51 | 1.10 | +37.3% |
| May 23, 2024 | 1.38 | 1.01 | +36.6% |
2.4%of the share price, paid each year
On $1,000 invested$24a year at today's yield, before tax
+11.7%2020 to 2025
Raised8 yearsin a row, in our data
Paid per share, each year
$0.53 in 2017 → $2.11 in 2025
How safe it looks
56.9% of its profit
Room to growStretchedMore than it earns: 33.8%
News
Hamilton Beach Brands expects 2026 revenue to be flat as retailers turn cautiousSeeking Alpha · Nov 5, 2026Hamilton Lane Q2 2027 Earnings PreviewSeeking Alpha · Nov 2, 2026Hamilton Canadian Bank Equal-Weight Index ETFp declares CAD 0.08 dividendSeeking Alpha · Oct 25, 2026Hamilton Canadian Equity YIELD MAXIMIZER™ ETF declares CAD 0.15 dividendSeeking Alpha · Oct 25, 2026Hamilton Technology Yield Maximizer ETF declares CAD 0.163 dividendSeeking Alpha · Oct 25, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
79Pass
Benjamin Graham
51No pass
Philip Fisher
75Pass
Peter Lynch
85Pass
Joel Greenblatt
43No pass
Charlie Munger
74Pass
Terry Smith
80Pass
Questions about Hamilton Lane
Is Hamilton Lane a good stock to buy?
A strong, very profitable business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Hamilton Lane AI analysis
What does Hamilton Lane do?
Hamilton Lane Incorporated is an investment firm specializing in direct and fund of fund investments. It is in Asset Management, based in Philadelphia, PA, United States, with 785 employees.
Does Hamilton Lane pay a dividend?
Yes. At today's price the dividend is 2.4% a year, about 57% of its yearly profit. In 2026 it paid out $142 million in dividends.
Is Hamilton Lane stock halal?
Yes. Hamilton Lane passes our halal screen: its business is permitted and its debt is 6% of its market value, under the 30% limit. How we check
How has Hamilton Lane stock done over the past year?
Down 28.5% over the past twelve months, to $93.73. It traded between $73.79 and $153.84 and is 39.1% below its high.
Who are Hamilton Lane's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Hamilton Lane's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.