Houlihan Lokey (HLI) Change in Cash (2014 - 2025)

Houlihan Lokey has reported Change in Cash for 12 years, with the latest figure at $132.9 million in Q4 2025.

• On a quarterly basis, Change in Cash rose 23.14% year-over-year to $132.9 million in Q4 2025; TTM through Dec 2025 was $260.5 million, a 6.38% increase from a year earlier, with the FY2025 full-year figure at $253.7 million, up 3503.02% from the prior year.
• Change in Cash was $132.9 million for Q4 2025 at Houlihan Lokey, up from $130.8 million in the prior quarter.
• The five-year high for Change in Cash was $242.5 million in Q3 2024, with the low at -$344.7 million in Q2 2022.
• Average Change in Cash over 5 years is $21.4 million, with a median of $84.8 million recorded in 2023.
• The sharpest annual moves came in 2021 and 2022: Change in Cash soared 71579.7% in 2021, then plunged 433.2% in 2022.
• Over 5 years, Change in Cash stood at $135.6 million in 2021, then plunged by 66.36% to $45.6 million in 2022, then jumped by 35.05% to $61.6 million in 2023, then soared by 75.2% to $107.9 million in 2024, then grew by 23.14% to $132.9 million in 2025.
• The last three Change in Cash figures came in at $132.9 million (Q4 2025), $130.8 million (Q3 2025), and -$178.0 million (Q2 2025), per Business Quant data.