Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025)
Houlihan Lokey's (HLI) Asset Utilization Ratio was 0.69 for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 2.1% from 0.67 a year earlier but down 2.4% from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), Asset Utilization Ratio at Houlihan Lokey was 0.68, up 9.6% from FY2024.
- By fiscal year, Asset Utilization Ratio came in at 0.62 in FY2024 (+0.9%), 0.62 in FY2023 (-27.7%), 0.85 in FY2022 (+14.9%) and 0.74 in FY2021 (-0.5%).
- 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 increased in each of the last seven quarters, with growth averaging 2.9% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q2 2022 (growth of 36.1%); the low point was fiscal Q2 2024 (a decline of 29.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.70 (Q2 2026), 0.68 (Q1 2026) and 0.66 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.95 Bn | 95.05 Bn | - | 0.03 |
| 2 | Robinhood Markets | 92.05 Bn | 73.08 Bn | - | 0.10 |
| 3 | Intercontinental Exchange | 89.75 Bn | 83.48 Bn | - | 0.08 |
| 4 | Nasdaq | 54.11 Bn | 51.54 Bn | 1.50 Bn | 0.32 |
| 5 | Interactive Brokers | 38.07 Bn | 15.18 Bn | - | 0.03 |
| 6 | Cboe Global Markets | 33.28 Bn | 24.93 Bn | 731.60 Mn | 0.47 |
| 7 | LPL Financial Holdings | 25.70 Bn | 21.02 Bn | - | 1.02 |
| 8 | Tradeweb Markets | 25.47 Bn | 17.48 Bn | - | 0.27 |
| 9 | Circle Internet | 22.54 Bn | 16.41 Bn | 288.85 Mn | 0.04 |
| 10 | Houlihan Lokey | 8.59 Bn | 4.63 Bn | - | - |
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 | 0.71 |
| Sep 30, 2022 | 0.92 |
| Jun 30, 2022 | 0.87 |
| Mar 31, 2022 | 0.77 |
| Dec 31, 2021 | 0.85 |
| Sep 30, 2021 | 0.86 |
| Jun 30, 2021 | 0.74 |
| Mar 31, 2021 | 0.67 |
API Access
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_KEYimport 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();