Houlihan Lokey (HLI) Change in Acquisitions & Divestments (2018 - 2025)
Houlihan Lokey (HLI) posted quarterly Change in Acquisitions & Divestments of -$46.1 million for Q4 2025, down 204.17% year-over-year from $44.3 million in Q4 2024, and down 360.56% on a QoQ basis from $17.7 million in Q3 2025.
Houlihan Lokey (HLI) Change in Acquisitions & Divestments (2018 - 2025) Analysis & Trends
Houlihan Lokey has reported Change in Acquisitions & Divestments for 8 years, with the latest figure at -$46.1 million in Q4 2025.
- Change in Acquisitions & Divestments for Q4 2025 came in at -$46.1 million, down 204.17% year-over-year; the trailing twelve-month figure through Dec 2025 was $293.0 million (up 430.21% YoY), and the FY2025 annual result was $94.3 million, up 723.05% from the prior year.
- Change in Acquisitions & Divestments fell to -$46.1 million in Q4 2025, from $17.7 million in the prior quarter.
- Over five years, Change in Acquisitions & Divestments peaked at $277.0 million in Q2 2025 and troughed at -$46.1 million in Q4 2025.
- A 5-year average of $38.1 million and a median of $5.1 million in 2023 frame the typical range for Change in Acquisitions & Divestments.
- The widest annual swing landed in 2024, when Change in Acquisitions & Divestments soared 59709.46%; it then sank 204.17% in 2025.
- A 5-year view of Change in Acquisitions & Divestments shows it stood at $2.6 million in 2021, then slumped by 97.06% to $76000.0 in 2022, then fell by 2.63% to $74000.0 in 2023, then soared by 59709.46% to $44.3 million in 2024, then sank by 204.17% to -$46.1 million in 2025.
- Per Business Quant data, the three most recent Change in Acquisitions & Divestments figures were -$46.1 million in Q4 2025, $17.7 million in Q3 2025, and $277.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - |
| 10 | Houlihan Lokey | 6.95 Bn | 5.88 Bn | - |
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 |