Houlihan Lokey HLI
NYSE HLI
$130.49 -2.20 (-1.66%)
At close: Sep 18, 2026 · 4:00 PM EDT

Houlihan Lokey (HLI) Capital Expenditures (2014 - 2025)

Houlihan Lokey (HLI) posted Capital Expenditures of $639000.0 for Q4 2025, down 73.63% on a QoQ basis from $2.4 million in Q3 2025, and down 83.4% year-over-year from $3.8 million in Q4 2024.

Analysis

Houlihan Lokey (HLI) Capital Expenditures (2014 - 2025) Analysis & Trends

Houlihan Lokey has reported Capital Expenditures for 12 years, with the latest figure at $639000.0 in Q4 2025.

  • On a quarterly basis, Capital Expenditures fell 83.4% year-over-year to $639000.0 in Q4 2025; TTM through Dec 2025 was $30.5 million, a 18.42% decrease from a year earlier, with the FY2025 full-year figure at $39.7 million, down 40.51% from the prior year.
  • Capital Expenditures was $639000.0 for Q4 2025 at Houlihan Lokey, down from $2.4 million in the prior quarter.
  • The five-year high for Capital Expenditures was $23.3 million in Q3 2023, with the low at $639000.0 in Q4 2025.
  • Average Capital Expenditures over 5 years is $9.3 million, with a median of $10.7 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2025: Capital Expenditures jumped 1594.94% in 2023, then slumped 83.4% in 2025.
  • Over 5 years, Capital Expenditures stood at $5.1 million in 2021, then jumped by 174.04% to $13.8 million in 2022, then grew by 12.49% to $15.6 million in 2023, then tumbled by 75.29% to $3.8 million in 2024, then plunged by 83.4% to $639000.0 in 2025.
  • The last three Capital Expenditures figures came in at $639000.0 (Q4 2025), $2.4 million (Q3 2025), and $13.0 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn 10.73 Mn
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn 48.00 Mn
3 Houlihan Lokey 9.07 Bn 7.99 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - -
5 PJT Partners 5.75 Bn 5.81 Bn 481.98 Mn 10.58 Mn
6 Moelis 5.25 Bn 5.17 Bn - 13.67 Mn
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - 7.79 Mn
8 Lazard 3.95 Bn 2.96 Bn - 3.93 Mn
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn -
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - 1.66 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 639,000.00
Sep 30, 2025 2.42 Mn
Jun 30, 2025 13.00 Mn
Mar 31, 2025 14.48 Mn
Dec 31, 2024 3.85 Mn
Sep 30, 2024 10.50 Mn
Jun 30, 2024 10.87 Mn
Mar 31, 2024 12.22 Mn
Dec 31, 2023 15.58 Mn
Sep 30, 2023 23.27 Mn
Jun 30, 2023 15.65 Mn
Mar 31, 2023 19.09 Mn
Dec 31, 2022 13.85 Mn
Sep 30, 2022 13.31 Mn
Jun 30, 2022 4.49 Mn
Mar 31, 2022 1.13 Mn
Dec 31, 2021 5.05 Mn
Sep 30, 2021 1.10 Mn
Jun 30, 2021 1.40 Mn
Mar 31, 2021 3.15 Mn