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Side-by-side financial comparison of Chemours Co (CC) and HOULIHAN LOKEY, INC. (HLI). Click either name above to swap in a different company.

Chemours Co is the larger business by last-quarter revenue ($1.3B vs $717.1M, roughly 1.9× HOULIHAN LOKEY, INC.). HOULIHAN LOKEY, INC. runs the higher net margin — 16.3% vs -3.5%, a 19.8% gap on every dollar of revenue. On growth, HOULIHAN LOKEY, INC. posted the faster year-over-year revenue change (13.0% vs -2.1%). HOULIHAN LOKEY, INC. produced more free cash flow last quarter ($217.0M vs $92.0M). Over the past eight quarters, HOULIHAN LOKEY, INC.'s revenue compounded faster (17.4% CAGR vs -1.2%).

The Chemours Company is an American chemical company that was founded in July 2015 as a spin-off from DuPont. It has its corporate headquarters in Wilmington, Delaware, United States. Chemours is the manufacturer of Teflon, the brand name of polytetrafluoroethylene (PTFE), known for its anti-stick properties. It also produces titanium dioxide and refrigerant gases.

Houlihan Lokey, Inc. is an American multinational independent investment bank and financial services company. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California. The firm advises large public and closely held companies as well as institutions and governments. Its main service lines include mergers and acquisitions, capital solutions, restructuring and distressed M&A, fairness opinions, and financial and valuation advisory. A...

CC vs HLI — Head-to-Head

Bigger by revenue
CC
CC
1.9× larger
CC
$1.3B
$717.1M
HLI
Growing faster (revenue YoY)
HLI
HLI
+15.1% gap
HLI
13.0%
-2.1%
CC
Higher net margin
HLI
HLI
19.8% more per $
HLI
16.3%
-3.5%
CC
More free cash flow
HLI
HLI
$125.0M more FCF
HLI
$217.0M
$92.0M
CC
Faster 2-yr revenue CAGR
HLI
HLI
Annualised
HLI
17.4%
-1.2%
CC

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CC
CC
HLI
HLI
Revenue
$1.3B
$717.1M
Net Profit
$-47.0M
$116.5M
Gross Margin
11.7%
32.2%
Operating Margin
22.4%
Net Margin
-3.5%
16.3%
Revenue YoY
-2.1%
13.0%
Net Profit YoY
-261.5%
22.3%
EPS (diluted)
$-0.32
$1.70

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CC
CC
HLI
HLI
Q4 25
$1.3B
$717.1M
Q3 25
$1.5B
$659.5M
Q2 25
$1.6B
$605.3M
Q1 25
$1.4B
$666.4M
Q4 24
$1.4B
$634.4M
Q3 24
$1.5B
$575.0M
Q2 24
$1.6B
$513.6M
Q1 24
$1.4B
$520.5M
Net Profit
CC
CC
HLI
HLI
Q4 25
$-47.0M
$116.5M
Q3 25
$46.0M
$111.8M
Q2 25
$-380.0M
$97.5M
Q1 25
$-5.0M
$121.9M
Q4 24
$-13.0M
$95.3M
Q3 24
$-32.0M
$93.5M
Q2 24
$60.0M
$88.9M
Q1 24
$54.0M
$81.1M
Gross Margin
CC
CC
HLI
HLI
Q4 25
11.7%
32.2%
Q3 25
15.6%
33.8%
Q2 25
17.2%
31.0%
Q1 25
17.3%
33.9%
Q4 24
19.4%
31.4%
Q3 24
19.0%
33.0%
Q2 24
19.8%
30.6%
Q1 24
20.9%
30.3%
Operating Margin
CC
CC
HLI
HLI
Q4 25
22.4%
Q3 25
2.5%
22.9%
Q2 25
-15.4%
14.8%
Q1 25
20.9%
Q4 24
-0.1%
21.5%
Q3 24
-2.1%
22.7%
Q2 24
4.4%
18.6%
Q1 24
5.1%
19.7%
Net Margin
CC
CC
HLI
HLI
Q4 25
-3.5%
16.3%
Q3 25
3.1%
17.0%
Q2 25
-23.5%
16.1%
Q1 25
-0.4%
18.3%
Q4 24
-1.0%
15.0%
Q3 24
-2.1%
16.3%
Q2 24
3.9%
17.3%
Q1 24
4.0%
15.6%
EPS (diluted)
CC
CC
HLI
HLI
Q4 25
$-0.32
$1.70
Q3 25
$0.31
$1.63
Q2 25
$-2.53
$1.42
Q1 25
$-0.03
$1.76
Q4 24
$-0.07
$1.39
Q3 24
$-0.22
$1.37
Q2 24
$0.39
$1.30
Q1 24
$0.36
$1.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CC
CC
HLI
HLI
Cash + ST InvestmentsLiquidity on hand
$670.0M
$1.1B
Total DebtLower is stronger
$4.1B
Stockholders' EquityBook value
$250.0M
$2.3B
Total Assets
$7.4B
$3.9B
Debt / EquityLower = less leverage
16.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CC
CC
HLI
HLI
Q4 25
$670.0M
$1.1B
Q3 25
$613.0M
$923.6M
Q2 25
$502.0M
$793.8M
Q1 25
$464.0M
$971.0M
Q4 24
$713.0M
$799.3M
Q3 24
$596.0M
$691.4M
Q2 24
$604.0M
$449.7M
Q1 24
$746.0M
$721.2M
Total Debt
CC
CC
HLI
HLI
Q4 25
$4.1B
Q3 25
$4.1B
Q2 25
$4.1B
Q1 25
$4.1B
Q4 24
$4.1B
Q3 24
$4.0B
Q2 24
$4.0B
Q1 24
$4.0B
Stockholders' Equity
CC
CC
HLI
HLI
Q4 25
$250.0M
$2.3B
Q3 25
$274.0M
$2.2B
Q2 25
$228.0M
$2.2B
Q1 25
$566.0M
$2.2B
Q4 24
$571.0M
$2.1B
Q3 24
$643.0M
$2.0B
Q2 24
$714.0M
$1.8B
Q1 24
$753.0M
$1.8B
Total Assets
CC
CC
HLI
HLI
Q4 25
$7.4B
$3.9B
Q3 25
$7.5B
$3.8B
Q2 25
$7.5B
$3.5B
Q1 25
$7.4B
$3.8B
Q4 24
$7.5B
$3.5B
Q3 24
$7.5B
$3.2B
Q2 24
$7.2B
$2.9B
Q1 24
$8.0B
$3.2B
Debt / Equity
CC
CC
HLI
HLI
Q4 25
16.40×
Q3 25
14.96×
Q2 25
17.99×
Q1 25
7.18×
Q4 24
7.11×
Q3 24
6.20×
Q2 24
5.53×
Q1 24
5.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CC
CC
HLI
HLI
Operating Cash FlowLast quarter
$137.0M
$217.7M
Free Cash FlowOCF − Capex
$92.0M
$217.0M
FCF MarginFCF / Revenue
6.9%
30.3%
Capex IntensityCapex / Revenue
3.4%
0.1%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$51.0M
$738.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CC
CC
HLI
HLI
Q4 25
$137.0M
$217.7M
Q3 25
$146.0M
$325.0M
Q2 25
$93.0M
$-131.6M
Q1 25
$-112.0M
$358.4M
Q4 24
$138.0M
$265.5M
Q3 24
$139.0M
$289.2M
Q2 24
$-620.0M
$-64.5M
Q1 24
$-290.0M
$225.3M
Free Cash Flow
CC
CC
HLI
HLI
Q4 25
$92.0M
$217.0M
Q3 25
$105.0M
$322.8M
Q2 25
$50.0M
$-144.8M
Q1 25
$-196.0M
$343.9M
Q4 24
$29.0M
$261.7M
Q3 24
$63.0M
$278.7M
Q2 24
$-693.0M
$-75.4M
Q1 24
$-392.0M
$213.1M
FCF Margin
CC
CC
HLI
HLI
Q4 25
6.9%
30.3%
Q3 25
7.0%
49.0%
Q2 25
3.1%
-23.9%
Q1 25
-14.3%
51.6%
Q4 24
2.1%
41.2%
Q3 24
4.2%
48.5%
Q2 24
-44.6%
-14.7%
Q1 24
-28.8%
40.9%
Capex Intensity
CC
CC
HLI
HLI
Q4 25
3.4%
0.1%
Q3 25
2.7%
0.3%
Q2 25
2.7%
2.2%
Q1 25
6.1%
2.2%
Q4 24
8.0%
0.6%
Q3 24
5.0%
1.8%
Q2 24
4.7%
2.1%
Q1 24
7.5%
2.3%
Cash Conversion
CC
CC
HLI
HLI
Q4 25
1.87×
Q3 25
3.17×
2.91×
Q2 25
-1.35×
Q1 25
2.94×
Q4 24
2.79×
Q3 24
3.09×
Q2 24
-10.33×
-0.73×
Q1 24
-5.37×
2.78×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CC
CC

Titanium Technologies$563.0M42%
Thermal And Specialized Solutions$443.0M33%
Advanced Performance Materials$312.0M23%
Other Non-Reportable Segment$12.0M1%

HLI
HLI

Corporate Finance$473.7M66%
Financial Restructuring$156.3M22%
Financial Advisory Services$87.1M12%

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