Hamilton Lane INC price to free cash flow HLNE

Market value divided by free cash flow over the last twelve months, since 2018.

Today, Oct 23, 2026: 12.4×
8-year median: 26.0×
Against its 8-year history: 3rd; percentile: 0 is its lowest day, 100 its highest
8-year range: 10.3× to 73.5×
Peer median: 11.6×

Hamilton Lane INC's price to free cash flow is 12.4× as of Oct 23, 2026.

That is below its 8-year median of 26.0×, lower than on 97% of days in the last 8 years.

Over that time it ranged from 10.3× in Jun 2026 to 73.5× in Oct 2024.

The median for 10 asset managers of a similar size is 11.6×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.4×	10.3×	25.1×
2025	22.7×	18.8×	51.1×
2024	48.1×	29.4×	73.5×
2023	31.0×	14.9×	31.0×
2022	14.5×	14.5×	33.5×
2021	35.1×	27.4×	38.4×
2020	30.1×	20.6×	34.5×
2019	31.3×	17.5×	31.4×
2018	17.9×	16.7×	26.5×

Against its peers

Companies in Asset Management nearest Hamilton Lane INC's size, closest first, today.

Company	Price to free cash flow
HLNEHamilton Lane INC	12.4×
HASIHA Sustainable Infrastructure Capital	n/m
MCMoelis	9.8×
FHIFederated Hermes	11.6×
LAZLazard	6.2×
CNSCohen & Steers	53.4×
DLBDolby Laboratories	15.0×
AAMIAcadian Asset Management	n/m
ABAlliancebernstein	n/m
VCTRVictory Capital	11.7×
APAMArtisan Partners Asset Management	10.5×
Peer median	11.6×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Hamilton Lane INC

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.