Houlihan Lokey HLI
NYSE HLI
$130.49 -2.20 (-1.66%)
At close: Sep 18, 2026 · 4:00 PM EDT

Houlihan Lokey (HLI) Depreciation & Amortization (CF) (2014 - 2025)

Houlihan Lokey (HLI) posted Depreciation & Amortization (CF) of $8.3 million for Q4 2025, down 19.39% on a QoQ basis from $10.3 million in Q3 2025, and down 13.22% year-over-year from $9.6 million in Q4 2024.

Analysis

Houlihan Lokey (HLI) Depreciation & Amortization (CF) (2014 - 2025) Analysis & Trends

Houlihan Lokey has reported Depreciation & Amortization (CF) for 12 years, with the latest figure at $8.3 million in Q4 2025.

  • On a quarterly basis, Depreciation & Amortization (CF) fell 13.22% year-over-year to $8.3 million in Q4 2025; TTM through Mar 2026 was $34.6 million, a 16.19% decrease from a year earlier, with the FY2025 full-year figure at $41.3 million, up 44.62% from the prior year.
  • Depreciation & Amortization (CF) was $8.3 million for Q4 2025 at Houlihan Lokey, down from $10.3 million in the prior quarter.
  • The five-year high for Depreciation & Amortization (CF) was $20.1 million in Q4 2021, with the low at $3.9 million in Q1 2021.
  • Average Depreciation & Amortization (CF) over 5 years is $10.8 million, with a median of $8.6 million recorded in 2024.
  • The sharpest annual moves came in 2021 and 2023: Depreciation & Amortization (CF) surged 408.33% in 2021, then plunged 68.18% in 2023.
  • Over 5 years, Depreciation & Amortization (CF) stood at $20.1 million in 2021, then sank by 33.96% to $13.3 million in 2022, then sank by 49.78% to $6.7 million in 2023, then surged by 43.62% to $9.6 million in 2024, then declined by 13.22% to $8.3 million in 2025.
  • The last three Depreciation & Amortization (CF) figures came in at $8.3 million (Q4 2025), $10.3 million (Q3 2025), and $16.0 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation & Amortization (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn -
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn 40.97 Mn
3 Houlihan Lokey 9.07 Bn 7.99 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - -
5 PJT Partners 5.75 Bn 5.81 Bn 481.98 Mn 4.34 Mn
6 Moelis 5.25 Bn 5.17 Bn - 4.20 Mn
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - -
8 Lazard 3.95 Bn 2.96 Bn - 7.37 Mn
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn 505,403.25
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - 5.83 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 8.30 Mn
Sep 30, 2025 10.29 Mn
Jun 30, 2025 16.00 Mn
Mar 31, 2025 15.41 Mn
Dec 31, 2024 9.56 Mn
Sep 30, 2024 7.44 Mn
Jun 30, 2024 8.86 Mn
Mar 31, 2024 8.26 Mn
Dec 31, 2023 6.66 Mn
Sep 30, 2023 7.09 Mn
Jun 30, 2023 6.53 Mn
Mar 31, 2023 6.35 Mn
Dec 31, 2022 13.26 Mn
Sep 30, 2022 19.48 Mn
Jun 30, 2022 19.14 Mn
Mar 31, 2022 19.95 Mn
Dec 31, 2021 20.07 Mn
Sep 30, 2021 4.34 Mn
Jun 30, 2021 4.17 Mn
Mar 31, 2021 3.94 Mn