Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2026)
Houlihan Lokey's (HLI) Asset Utilization Ratio was 0.66 for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 5.3% from 0.70 a year earlier but up 5.7% from the prior quarter.
Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Asset Utilization Ratio at Houlihan Lokey was 0.64, down 5.8% from FY2025.
- By fiscal year, Asset Utilization Ratio came in at 0.68 in FY2025 (+9.6%), 0.62 in FY2024 (+0.9%), 0.62 in FY2023 (-27.7%) and 0.85 in FY2022 (+14.9%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.62 in fiscal Q4 2024 and a high of 0.92 in fiscal Q2 2023.
- Year over year, Asset Utilization Ratio has now declined in each of the last three quarters, with growth averaging 0.1% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q3 2022 (growth of 26.8%); the low point was fiscal Q2 2024 (a decline of 29.1%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 0.63 (Q1 2027), 0.63 (Q4 2026) and 0.69 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - | 0.04 |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - | 0.04 |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - | 0.08 |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - | 0.09 |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn | 0.33 |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - | 0.04 |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn | 0.48 |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - | 0.03 |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 0.03 |
| 10 | Houlihan Lokey | 9.82 Bn | 5.99 Bn | - | 0.66 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.66 |
| Jun 30, 2026 | 0.63 |
| Mar 31, 2026 | 0.63 |
| 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 | 0.71 |
| Sep 30, 2022 | 0.92 |
| Jun 30, 2022 | 0.87 |
| Mar 31, 2022 | 0.77 |
| Dec 31, 2021 | 0.85 |
Houlihan Lokey Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();