Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025)
Houlihan Lokey (HLI) recorded quarterly Asset Utilization Ratio of 0.69 in Q4 2025, down 2.37% quarter-over-quarter from 0.7 in Q3 2025, and up 2.14% on a YoY basis from 0.67 in Q4 2024.
Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025) Analysis & Trends
Houlihan Lokey's Asset Utilization Ratio history runs 11 years deep, the most recent figure standing at 0.69 for 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 was 0.69 for Q4 2025 at Houlihan Lokey, down from 0.7 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.86 in Q3 2021 to a low of 0.62 in Q1 2024.
- Historically, Asset Utilization Ratio has averaged 0.7 across 5 years, with a median of 0.67 in 2025.
- The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio soared 36.09% in 2021, then slipped 26.28% in 2022.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.85 in 2021, then decreased by 26.28% to 0.63 in 2022, then advanced by 2.09% to 0.64 in 2023, then grew by 4.72% to 0.67 in 2024, then grew by 2.14% 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 0.05 |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 0.03 |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | 0.05 |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 0.11 |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | 0.03 |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | 0.98 |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | 0.26 |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 0.03 |
| 10 | Houlihan Lokey | 9.39 Bn | 8.33 Bn | 697.95 Mn | 0.69 |
Historic Data
Download 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 |