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Ratios

Houlihan Lokey (HLI) Accumulated Expenses (2016 - 2025)

Houlihan Lokey has reported Accumulated Expenses over the past 11 years, most recently at $881.1 million for Q4 2025.

  • For Q4 2025, Accumulated Expenses rose 22.5% year-over-year to $881.1 million; the TTM value through Dec 2025 reached $881.1 million, up 22.5%, while the annual FY2025 figure was $936.6 million, 29.01% up from the prior year.
  • Accumulated Expenses for Q4 2025 was $881.1 million at Houlihan Lokey, up from $822.8 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $986.0 million in Q4 2021 and troughed at $390.9 million in Q2 2021.
  • A 5-year average of $684.0 million and a median of $644.9 million in 2021 define the central range for Accumulated Expenses.
  • Biggest five-year swings in Accumulated Expenses: skyrocketed 125.93% in 2021 and later crashed 35.23% in 2022.
  • Year by year, Accumulated Expenses stood at $986.0 million in 2021, then crashed by 35.23% to $638.6 million in 2022, then fell by 9.95% to $575.1 million in 2023, then rose by 25.08% to $719.3 million in 2024, then increased by 22.5% to $881.1 million in 2025.
  • Business Quant data shows Accumulated Expenses for HLI at $881.1 million in Q4 2025, $822.8 million in Q3 2025, and $640.5 million in Q2 2025.