Houlihan Lokey (HLI) Change in Inventory (2017 - 2025)
Houlihan Lokey's Change in Inventory came in at -$43.48 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), compared with -$73.53 million a year earlier.
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Analysis
Houlihan Lokey (HLI) Change in Inventory (2017 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 31, 2025, Houlihan Lokey reported Change in Inventory of -$28.18 million; for FY2025 (ended Mar 31, 2025), it was $33.77 million.
- Change in Inventory carries a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- Going back by fiscal year, Change in Inventory was -$77.48 million in FY2024, -$11.6 million in FY2023, $18.04 million in FY2022 and -$78.53 million in FY2021.
- The five-year range for quarterly Change in Inventory is -$73.53 million (fiscal Q3 2025) to $51.51 million (fiscal Q4 2025).
- Business Quant data shows HLI's Change in Inventory at -$11.21 million (Q2 2026), -$25 million (Q1 2026) and $51.51 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.61 Bn | 94.70 Bn | - | - |
| 2 | Robinhood Markets | 91.70 Bn | 72.73 Bn | - | - |
| 3 | Intercontinental Exchange | 88.95 Bn | 82.69 Bn | - | - |
| 4 | Nasdaq | 54.22 Bn | 51.65 Bn | 1.50 Bn | - |
| 5 | Interactive Brokers | 38.25 Bn | 15.37 Bn | - | - |
| 6 | Cboe Global Markets | 33.42 Bn | 25.08 Bn | 731.60 Mn | - |
| 7 | LPL Financial Holdings | 25.64 Bn | 20.96 Bn | - | - |
| 8 | Tradeweb Markets | 25.45 Bn | 17.47 Bn | - | - |
| 9 | Circle Internet | 22.26 Bn | 16.14 Bn | 288.85 Mn | - |
| 10 | Houlihan Lokey | 8.59 Bn | 4.63 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 43.48 Mn |
| Sep 30, 2025 | 11.21 Mn |
| Jun 30, 2025 | 25.00 Mn |
| Mar 31, 2025 | -51.51 Mn |
| Dec 31, 2024 | 73.53 Mn |
| Sep 30, 2024 | -19.71 Mn |
| Jun 30, 2024 | -36.07 Mn |
| Mar 31, 2024 | 14.03 Mn |
| Dec 31, 2023 | 43.87 Mn |
| Sep 30, 2023 | 29.76 Mn |
| Jun 30, 2023 | -10.18 Mn |
| Mar 31, 2023 | -41.15 Mn |
| Dec 31, 2022 | -1.10 Mn |
| Sep 30, 2022 | 49.98 Mn |
| Jun 30, 2022 | 3.85 Mn |
| Mar 31, 2022 | 18.25 Mn |
| Dec 31, 2021 | -33.90 Mn |
| Sep 30, 2021 | 27.98 Mn |
| Jun 30, 2021 | -30.36 Mn |
| Mar 31, 2021 | 65.04 Mn |
API Access
Houlihan Lokey Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();