Hamilton Lane vs SEI Investments
SEI Investments reported revenue of $2.3 billion in fiscal 2025, 3.0 times Hamilton Lane's $759 million in fiscal 2026. Hamilton Lane's revenue grew 6.5% in its latest year, and SEI Investments' grew 8.1%. Free cash flow was $419 million at Hamilton Lane and $585 million at SEI Investments. Their fiscal years end in different months (March 31 and December 31), so the periods don't line up exactly.
Side by side
| Hamilton Lane | SEI Investments | |
|---|---|---|
| Latest fiscal year | FY2026, Mar 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $759M | $2.3B |
| Revenue growth | 6.5% | 8.1% |
| Revenue growth a year, last 5 years | 17.3% | 6.4% |
| Gross margin | — | 35.2% |
| Operating margin | — | 27.3% |
| Net margin | 32.8% | 31.1% |
| Free cash flow | $419M | $585M |
| Free cash flow margin | 55.2% | 25.5% |
| Return on capital | 34.5% | — |
| Net debt to EBITDA | −0.2x | — |
| Dividends and buybacks | $88M | $752M |
| Change in diluted share count | — | −3.5% |
| Last close | $81.32 | $103.34 |
| P/E at the last close | — | 18.0× |
| Insider trades, last 12 months | bought $19.5 million, sold $0 | sold $50.1 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Hamilton LaneSEI Investments
Operating margin
Percent of revenue
Hamilton LaneSEI Investments
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Hamilton LaneSEI Investments
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Hamilton Lane and SEI Investments pages.