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| 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 |