Houlihan Lokey (NYSE:HLI – Get Rating) and B. Riley Financial (NASDAQ:RILY – Get Rating) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, institutional ownership, dividends and analyst recommendations. Dividends Houlihan Lokey pays an annual dividend of $1.72 […]
Record investment banking results driven by increased activity and larger transactions
Net income of $170.1 million vs. $16.9 million, EPS of $6.55 vs. $0.59 per diluted share
Operating revenues of $270.0 million vs. $130.5 million, Operating EBITDA of $126.8 million vs. $16.4 million
Q4 total adjusted EBITDA of $260.5 million vs. $50.3 million
Full Year 2020
Record annual total revenues of $902.7 million vs. $652.1 million for FY 2019
Net income of $200.4 million vs. $81.3 million, EPS of $7.56 vs. $2.95 per diluted share
Operating revenues of $798.7 million vs. $545.6 million, Operating EBITDA of $311.7 million vs. $113.6 million
Annual investment gains of approximately $104 million
Annual total adjusted EBITDA of $406.8 million vs. $207.9 million
Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, said: Given the strength and performance of both our episodic and steady recurring businesses, we are increasingly confident in the earnings p