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

Houlihan Lokey (HLI) recorded quarterly Capital Expenditures of $639000.0 in Q4 2025, down 71.45% quarter-over-quarter from $2.2 million in Q3 2025, and down 83.4% on a YoY basis from $3.8 million in Q4 2024.

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

Houlihan Lokey's Capital Expenditures history runs 12 years deep, the most recent figure standing at $639000.0 for 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 was $639000.0 for Q4 2025 at Houlihan Lokey, down from $2.2 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $23.3 million in Q3 2023 to a low of $639000.0 in Q4 2025.
  • Historically, Capital Expenditures has averaged $9.3 million across 5 years, with a median of $10.7 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Capital Expenditures soared 1594.94% in 2023, then tumbled 83.4% in 2025.
  • A 5-year view of Capital Expenditures shows it stood at $5.1 million in 2021, then soared by 174.04% to $13.8 million in 2022, then climbed by 12.49% to $15.6 million in 2023, then plunged by 75.29% to $3.8 million in 2024, then sank by 83.4% to $639000.0 in 2025.
  • The last three Capital Expenditures figures came in at $639000.0 (Q4 2025), $2.2 million (Q3 2025), and $13.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - 754.00 Mn
3 Goldman Sachs 313.22 Bn -624.33 Bn - 565.00 Mn
4 Schwab Charles 154.90 Bn 109.92 Bn - 140.00 Mn
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn 9.00 Mn
6 Interactive Brokers 38.41 Bn 49.00 Bn - 26.00 Mn
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 165.76 Mn
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 254,000.00
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 9.36 Mn
10 Houlihan Lokey 9.39 Bn 8.33 Bn 697.95 Mn 639,000.00

Historic Data

Download Data
DateValue
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