Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025)
Houlihan Lokey (HLI) posted Asset Utilization Ratio of 0.69 for Q4 2025, down 2.37% on a QoQ basis from 0.7 in Q3 2025, and up 2.13% year-over-year from 0.67 in Q4 2024.
Analysis
Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025) Analysis & Trends
Houlihan Lokey has reported Asset Utilization Ratio for 11 years, with the latest figure at 0.69 in Q4 2025.
- On a quarterly basis, Asset Utilization Ratio rose 2.13% year-over-year to 0.69 in Q4 2025; TTM through Dec 2025 was 0.69, a 2.13% increase from a year earlier, with the FY2025 full-year figure at 0.68, up 9.62% from the prior year.
- Asset Utilization Ratio was 0.69 for Q4 2025 at Houlihan Lokey, down from 0.7 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.86 in Q3 2021, with the low at 0.62 in Q1 2024.
- Average Asset Utilization Ratio over 5 years is 0.7, with a median of 0.67 recorded in 2021.
- The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio jumped 36.09% in 2021, then dropped 26.28% in 2022.
- Over 5 years, Asset Utilization Ratio stood at 0.85 in 2021, then slipped by 26.28% to 0.63 in 2022, then climbed by 2.09% to 0.64 in 2023, then increased by 4.72% to 0.67 in 2024, then grew by 2.13% to 0.69 in 2025.
- The last three Asset Utilization Ratio figures came in at 0.69 (Q4 2025), 0.7 (Q3 2025), and 0.68 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 1.05 |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 0.15 |
| 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 | 1.14 |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 0.95 |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 0.77 |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 0.03 |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 1.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.69 |
| Sep 30, 2025 | 0.70 |
| Jun 30, 2025 | 0.68 |
| Mar 31, 2025 | 0.66 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 0.69 |
| Jun 30, 2024 | 0.66 |
| Mar 31, 2024 | 0.62 |
| Dec 31, 2023 | 0.64 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.64 |
| Mar 31, 2023 | 0.64 |
| Dec 31, 2022 | 0.63 |
| Sep 30, 2022 | 0.83 |
| Jun 30, 2022 | 0.79 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 0.85 |
| Sep 30, 2021 | 0.86 |
| Jun 30, 2021 | 0.74 |
| Mar 31, 2021 | 0.67 |