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
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