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

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

• In Q4 2025, Depreciation & Amortization (CF) fell 13.22% year-over-year to $8.3 million; the TTM figure through Dec 2025 stood at $50.0 million (up 46.53% YoY), while the FY2025 annual figure was $41.3 million, up 44.62% from the prior year.
• Depreciation & Amortization (CF) came in at $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.
• Across the five-year window, Depreciation & Amortization (CF) jumped 408.33% in 2021 and slumped 68.18% in 2023, its largest moves.
• Year by year, Depreciation & Amortization (CF) stood at $20.1 million in 2021, then tumbled by 33.96% to $13.3 million in 2022, then tumbled by 49.78% to $6.7 million in 2023, then jumped by 43.62% to $9.6 million in 2024, then retreated by 13.22% to $8.3 million in 2025.
• According to Business Quant data, Depreciation & Amortization (CF) over the past three periods registered $8.3 million, $10.3 million, and $16.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.