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 73.63% on a QoQ basis from $2.4 million in Q3 2025.
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.
- Capital Expenditures for Q4 2025 came in at $639000.0, down 83.4% year-over-year; the trailing twelve-month figure through Dec 2025 was $30.5 million (down 18.42% YoY), and the FY2025 annual result was $39.7 million, down 40.51% from the prior year.
- Capital Expenditures eased to $639000.0 in Q4 2025, from $2.4 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $23.3 million in Q3 2023 and troughed at $639000.0 in Q4 2025.
- A 5-year average of $9.3 million and a median of $10.7 million in 2024 frame the typical range for Capital Expenditures.
- The widest annual swing landed in 2023, when Capital Expenditures soared 1594.94%; it then slumped 83.4% in 2025.
- A 5-year view of Capital Expenditures shows it stood at $5.1 million in 2021, then surged by 174.04% to $13.8 million in 2022, then advanced 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.
- Per Business Quant data, the three most recent Capital Expenditures figures were $639000.0 in Q4 2025, $2.4 million in Q3 2025, and $13.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 819.00 Mn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 502.00 Mn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 140.00 Mn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 12.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 949.16 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 26.00 Mn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 199.45 Mn |
| 10 | Houlihan Lokey | 6.95 Bn | 5.88 Bn | - | - |
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 |