Houlihan Lokey (HLI) Change in Acquisitions & Divestments (2018 - 2025)
Houlihan Lokey (HLI) recorded quarterly Change in Acquisitions & Divestments of -$46.1 million in Q4 2025, down 355.46% quarter-over-quarter from $18.0 million in Q3 2025, and down 204.17% on a YoY basis from $44.3 million in Q4 2024.
Houlihan Lokey (HLI) Change in Acquisitions & Divestments (2018 - 2025) Analysis & Trends
Houlihan Lokey's Change in Acquisitions & Divestments history runs 8 years deep, the most recent figure standing at -$46.1 million for Q4 2025.
- In Q4 2025, Change in Acquisitions & Divestments fell 204.17% year-over-year to -$46.1 million; the TTM figure through Dec 2025 stood at $293.0 million (up 430.21% YoY), while the FY2025 annual figure was $94.3 million, up 723.05% from the prior year.
- Change in Acquisitions & Divestments was -$46.1 million for Q4 2025 at Houlihan Lokey, down from $18.0 million in the prior quarter.
- In the past five years, Change in Acquisitions & Divestments ranged from a high of $276.6 million in Q2 2025 to a low of -$46.1 million in Q4 2025.
- Historically, Change in Acquisitions & Divestments has averaged $38.1 million across 5 years, with a median of $5.1 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Change in Acquisitions & Divestments soared 59709.46% in 2024, then slumped 204.17% in 2025.
- A 5-year view of Change in Acquisitions & Divestments shows it stood at $2.6 million in 2021, then sank by 97.06% to $76000.0 in 2022, then retreated by 2.63% to $74000.0 in 2023, then jumped by 59709.46% to $44.3 million in 2024, then plunged by 204.17% to -$46.1 million in 2025.
- The last three Change in Acquisitions & Divestments figures came in at -$46.1 million (Q4 2025), $18.0 million (Q3 2025), and $276.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn |
| 10 | Houlihan Lokey | 9.39 Bn | 8.33 Bn | 697.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -46.10 Mn |
| Dec 31, 2025 | -46.10 Mn |
| Sep 30, 2025 | 18.05 Mn |
| Sep 30, 2025 | 18.05 Mn |
| Jun 30, 2025 | 276.65 Mn |
| Jun 30, 2025 | 276.65 Mn |
| Mar 31, 2025 | 44.44 Mn |
| Mar 31, 2025 | 44.44 Mn |
| Dec 31, 2024 | 44.26 Mn |
| Dec 31, 2024 | 44.26 Mn |
| Sep 30, 2024 | 1.59 Mn |
| Sep 30, 2024 | 1.59 Mn |
| Jun 30, 2024 | 4.02 Mn |
| Jun 30, 2024 | 4.02 Mn |
| Mar 31, 2024 | 5.40 Mn |
| Mar 31, 2024 | 5.40 Mn |
| Dec 31, 2023 | 74,000.00 |
| Dec 31, 2023 | 74,000.00 |
| Sep 30, 2023 | 2.66 Mn |
| Sep 30, 2023 | 2.66 Mn |