Houlihan Lokey (HLI) Acquisitions (2015 - 2025)
Houlihan Lokey (HLI) posted Acquisitions of -$275000.0 for Q3 2025, down 127.5% on a QoQ basis from $1.0 million in Q2 2025, and down 643.24% year-over-year from $50621.9 in Q3 2024.
Analysis
Houlihan Lokey (HLI) Acquisitions (2015 - 2025) Analysis & Trends
Houlihan Lokey has reported Acquisitions for 11 years, with the latest figure at -$275000.0 in Q3 2025.
- On a quarterly basis, Acquisitions fell 643.24% year-over-year to -$275000.0 in Q3 2025; TTM through Dec 2025 was $1.2 million, a 98.25% decrease from a year earlier, with the FY2025 full-year figure at $69.2 million, up 1694.29% from the prior year.
- Acquisitions was -$275000.0 for Q3 2025 at Houlihan Lokey, down from $1.0 million in the prior quarter.
- The five-year high for Acquisitions was $290.4 million in Q4 2021, with the low at -$275000.0 in Q3 2025.
- Average Acquisitions over 5 years is $40.0 million, with a median of $3.9 million recorded in 2023.
- The largest YoY upside for Acquisitions was 15833.33% in 2025 against a maximum downside of 643.24% in 2025.
- Over 5 years, Acquisitions stood at $290.4 million in 2021, then plunged by 80.93% to $55.4 million in 2022, then tumbled by 93.04% to $3.9 million in 2023, then soared by 851.26% to $36.7 million in 2024, then slumped by 100.75% to -$275000.0 in 2025.
- The last three Acquisitions figures came in at -$275000.0 (Q3 2025), $1.0 million (Q2 2025), and $478000.0 (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | - |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | - |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | - |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | - |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | - |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -275,000.00 |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | 478,000.00 |
| Dec 31, 2024 | 36.65 Mn |
| Sep 30, 2024 | -37,000.00 |
| Jun 30, 2024 | 32.10 Mn |
| Mar 31, 2024 | 3,000.00 |
| Dec 31, 2023 | 3.85 Mn |
| Mar 31, 2023 | 20.43 Mn |
| Mar 31, 2022 | 55.36 Mn |
| Dec 31, 2021 | 290.35 Mn |
| Sep 30, 2020 | 12.47 Mn |
| Dec 31, 2019 | 5.25 Mn |
| Jun 30, 2019 | 10.51 Mn |
| Jun 30, 2018 | 71.41 Mn |
| Mar 31, 2018 | 26,000.00 |
| Dec 31, 2017 | -150,000.00 |
| Sep 30, 2017 | 2.83 Mn |
| Mar 31, 2017 | 3.73 Mn |
| Mar 31, 2016 | 2.10 Mn |