earnings
confidence high
sentiment positive
materiality 0.75
Hamilton Lane FY2024: AUM $124B (+11%), fees +22%, dividend raised 10%
Hamilton Lane INC
- Total AUM of $124B, up 11% YoY; fee-earning AUM $66B, up 15%.
- Management and advisory fees grew 22% to $451.9M for fiscal year 2024.
- GAAP net income of $140.9M; diluted EPS of $3.69.
- Unrealized carried interest balance of $1.2B, up 19% year-over-year.
- Quarterly dividend of $0.49/share ($1.96 annual), a 10% increase from prior year.