Houlihan Lokey (HLI) Change in Taxes (2014 - 2025)
Houlihan Lokey's Change in Taxes was -$9.27 million in fiscal Q1 2026 (quarter ended Jun 30, 2025), compared with -$15.3 million a year earlier.
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Analysis
Houlihan Lokey (HLI) Change in Taxes (2014 - 2025) Analysis & Trends
On a trailing twelve-month basis, Houlihan Lokey's Change in Taxes was $45.26 million through Jun 30, 2025; for FY2025 (ended Mar 31, 2025), it was $39.23 million.
- In earlier fiscal years, Change in Taxes was -$15.29 million in FY2024, -$83.61 million in FY2023, -$6.25 million in FY2022 and $73.23 million in FY2021.
- Quarterly Change in Taxes has moved between -$66.57 million (fiscal Q2 2023) and $48.8 million (fiscal Q4 2021) over five years.
- Per Business Quant data, HLI's Change in Taxes in the three fiscal quarters before Q1 2026 was $815,000 (Q4 2025), $26.84 million (Q3 2025) and $26.88 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.93 Bn | 98.03 Bn | - | -368.00 Mn |
| 2 | Intercontinental Exchange | 91.85 Bn | 85.66 Bn | - | - |
| 3 | Robinhood Markets | 86.83 Bn | 67.92 Bn | - | - |
| 4 | Nasdaq | 57.69 Bn | 55.13 Bn | 1.48 Bn | - |
| 5 | Interactive Brokers | 37.07 Bn | 30.53 Bn | - | - |
| 6 | Cboe Global Markets | 34.37 Bn | 26.02 Bn | 731.60 Mn | -111.70 Mn |
| 7 | Tradeweb Markets | 28.54 Bn | 21.25 Bn | - | - |
| 8 | LPL Financial Holdings | 25.11 Bn | 20.43 Bn | - | - |
| 9 | Circle Internet | 20.23 Bn | 14.11 Bn | 288.85 Mn | - |
| 10 | Houlihan Lokey | 9.26 Bn | 5.41 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | -9.27 Mn |
| Mar 31, 2025 | 815,000.00 |
| Dec 31, 2024 | 26.84 Mn |
| Sep 30, 2024 | 26.88 Mn |
| Jun 30, 2024 | -15.30 Mn |
| Mar 31, 2024 | 420,000.00 |
| Dec 31, 2023 | -11.44 Mn |
| Sep 30, 2023 | -6.31 Mn |
| Jun 30, 2023 | 2.04 Mn |
| Mar 31, 2023 | -7.77 Mn |
| Dec 31, 2022 | -17.86 Mn |
| Sep 30, 2022 | -66.57 Mn |
| Jun 30, 2022 | 8.58 Mn |
| Mar 31, 2022 | 11.78 Mn |
| Dec 31, 2021 | 27.28 Mn |
| Sep 30, 2021 | -35.64 Mn |
| Jun 30, 2021 | -9.67 Mn |
| Mar 31, 2021 | 48.80 Mn |
| Dec 31, 2020 | 36.72 Mn |
| Sep 30, 2020 | -4.41 Mn |
API Access
Houlihan Lokey Change in Taxes 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-taxes&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "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-taxes&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();