Houlihan Lokey (HLI) Capital Expenditures (2014 - 2025)
Houlihan Lokey (HLI) posted quarterly Capital Expenditures of $639000.0 for Q4 2025, down 83.4% year-over-year from $3.8 million in Q4 2024, and down 71.45% on a QoQ basis from $2.2 million in Q3 2025.
Houlihan Lokey (HLI) Capital Expenditures (2014 - 2025) Analysis & Trends
Houlihan Lokey (HLI) has reported Capital Expenditures for 12 consecutive years, with $639000.0 the latest figure, recorded in Q4 2025.
- In Q4 2025, Capital Expenditures fell 83.4% year-over-year to $639000.0; the TTM figure through Dec 2025 stood at $30.5 million (down 18.42% YoY), while the FY2025 annual figure was $39.7 million, down 40.51% from the prior year.
- Capital Expenditures came in at $639000.0 for Q4 2025 at Houlihan Lokey, down from $2.2 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.
- Across the five-year window, Capital Expenditures soared 1594.94% in 2023 and plunged 83.4% in 2025, its largest moves.
- Year by year, Capital Expenditures stood at $5.1 million in 2021, then soared by 174.04% to $13.8 million in 2022, then rose by 12.49% to $15.6 million in 2023, then sank by 75.29% to $3.8 million in 2024, then slumped by 83.4% to $639000.0 in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $639000.0, $2.2 million, and $13.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 754.00 Mn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 565.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 140.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 9.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 165.76 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 254,000.00 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 9.36 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 1.22 Bn |
| 10 | Houlihan Lokey | 9.19 Bn | 8.14 Bn | 697.95 Mn | 639,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 639,000.00 |
| Dec 31, 2025 | 639,000.00 |
| Sep 30, 2025 | 2.24 Mn |
| Sep 30, 2025 | 2.24 Mn |
| Jun 30, 2025 | 13.19 Mn |
| Jun 30, 2025 | 13.19 Mn |
| Mar 31, 2025 | 14.48 Mn |
| Mar 31, 2025 | 14.48 Mn |
| Dec 31, 2024 | 3.85 Mn |
| Dec 31, 2024 | 3.85 Mn |
| Sep 30, 2024 | 10.50 Mn |
| Sep 30, 2024 | 10.50 Mn |
| Jun 30, 2024 | 10.87 Mn |
| Jun 30, 2024 | 10.87 Mn |
| Mar 31, 2024 | 12.22 Mn |
| Mar 31, 2024 | 12.22 Mn |
| Dec 31, 2023 | 15.58 Mn |
| Dec 31, 2023 | 15.58 Mn |
| Sep 30, 2023 | 23.27 Mn |
| Sep 30, 2023 | 23.27 Mn |