Houlihan Lokey (HLI) Asset Utilization Ratio (2015 - 2025)
Houlihan Lokey (HLI) posted quarterly Asset Utilization Ratio of 0.69 for Q4 2025, up 2.13% 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 has reported Asset Utilization Ratio for 11 years, with the latest figure at 0.69 in Q4 2025.
- Asset Utilization Ratio for Q4 2025 came in at 0.69, up 2.13% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.69 (up 2.13% YoY), and the FY2025 annual result was 0.68, up 9.62% from the prior year.
- Asset Utilization Ratio slipped to 0.69 in Q4 2025, from 0.7 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 100.37 in Q3 2022 and troughed at 0.62 in Q1 2024.
- A 5-year average of 5.83 and a median of 0.68 in 2025 frame the typical range for Asset Utilization Ratio.
- The widest annual swing landed in 2022, when Asset Utilization Ratio jumped 11504.8%; it then sank 99.35% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 1.93 in 2021, then tumbled by 37.56% to 1.21 in 2022, then plunged by 46.96% to 0.64 in 2023, then climbed by 4.72% to 0.67 in 2024, then advanced by 2.13% to 0.69 in 2025.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.69 in Q4 2025, 0.7 in Q3 2025, and 0.68 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 0.05 |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 0.03 |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 0.05 |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 0.04 |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 0.10 |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 0.11 |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 0.03 |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 1.02 |
| 10 | Houlihan Lokey | 6.95 Bn | 5.88 Bn | - | - |
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 | 1.21 |
| Sep 30, 2022 | 100.37 |
| Jun 30, 2022 | 1.45 |
| Mar 31, 2022 | 1.42 |
| Dec 31, 2021 | 1.93 |
| Sep 30, 2021 | 0.86 |
| Jun 30, 2021 | 0.74 |
| Mar 31, 2021 | 0.67 |