COMP <GO>
MORN vs HLI // FREE CASH FLOW YIELD
Morningstar Inc. (NASDAQ) VS. Houlihan Lokey Inc. (NYSE) • 15-METRIC TALLY: MORN 6
— HLI 6
▲ FREE CASH FLOW YIELD LEADER: HLI
LAST: $226.19 (+1.64%) • MKT CAP: $8.26B
fcf-yield
5.36%
LAST: $138.00 (-0.96%) • MKT CAP: $9.74B
fcf-yield
7.00%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MORN VS. HLI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MORN | HLI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 22.90% | 21.60% | +1.30 | MORN | /roic <GO> |
| EV/EBITDA & P/E Valuation | 13.6x | 17.2x | -3.60 | MORN | /valuation <GO> |
| Free Cash Flow Yield ACTIVE | 5.36% | 7.00% | -1.64 | HLI | /fcf-yield <GO> |
| Operating Margin | 21.50% | 20.10% | +1.40 | MORN | /operating-margins <GO> |
| Net Profit Margin | 16.80% | 16.20% | +0.60 | MORN | /net-margins <GO> |
| Revenue Growth (YoY) | 7.50% | 9.50% | -2.00 | HLI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.93% | 1.79% | -0.86 | HLI | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 9/9 | -2.00 | HLI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 61.6 | 63.3 | -1.70 | HLI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.06 | 0.91 | +0.15 | MORN | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.7x | 21.4x | -2.70 | MORN | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.26B | $9.74B | -$1.48B | HLI | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MORN REV | HLI REV | MORN GROSS % | HLI GROSS % | MORN FCF | HLI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.45B | $2.62B | 61.0% | — | $442.6M | $681.8M |
| FY 2024 | $2.28B | $2.39B | 60.6% | 32.3% | $448.9M | $808.9M |
| FY 2023 | $2.04B | $1.91B | — | — | $224.7M | $242.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MORN // BETA 1.06
HLI // BETA 0.91