Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025)

Houlihan Lokey (HLI) posted quarterly Asset Utilization Ratio of 0.69 for Q4 2025, up 2.14% year-over-year from 0.67 in Q4 2024, and down 2.37% on a QoQ basis from 0.7 in Q3 2025.

Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025) Analysis & Trends

Houlihan Lokey (HLI) has reported Asset Utilization Ratio for 11 consecutive years, with 0.69 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Asset Utilization Ratio rose 2.14% year-over-year to 0.69; the TTM figure through Dec 2025 stood at 0.69 (up 2.14% YoY), while the FY2025 annual figure was 0.68, up 9.62% from the prior year.
  • Asset Utilization Ratio came in at 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 2025.
  • Across the five-year window, Asset Utilization Ratio soared 36.09% in 2021 and fell 26.28% in 2022, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.85 in 2021, then declined by 26.28% to 0.63 in 2022, then increased by 2.09% to 0.64 in 2023, then gained by 4.72% to 0.67 in 2024, then gained by 2.14% to 0.69 in 2025.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.69, 0.7, and 0.68 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 0.05
2 Goldman Sachs 309.79 Bn -627.76 Bn - 0.03
3 Schwab Charles 167.21 Bn 122.24 Bn - 0.05
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.04
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 0.11
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 0.98
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 0.26
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 0.03
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 0.11
10 Houlihan Lokey 9.19 Bn 8.14 Bn 697.95 Mn 0.69

Historic Data

Download Data
DateValue
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