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

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

• Depreciation & Amortization (CF) for Q4 2025 came in at $8.3 million, down 13.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $34.6 million (down 16.19% YoY), and the FY2025 annual result was $41.3 million, up 44.62% from the prior year.
• Depreciation & Amortization (CF) slipped to $8.3 million in Q4 2025, from $10.3 million in the prior quarter.
• Over five years, Depreciation & Amortization (CF) peaked at $20.1 million in Q4 2021 and troughed at $3.9 million in Q1 2021.
• A 5-year average of $10.8 million and a median of $8.6 million in 2024 frame the typical range for Depreciation & Amortization (CF).
• The widest annual swing landed in 2021, when Depreciation & Amortization (CF) jumped 408.33%; it then plunged 68.18% in 2023.
• A 5-year view of Depreciation & Amortization (CF) shows it 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 soared by 43.62% to $9.6 million in 2024, then slipped by 13.22% to $8.3 million in 2025.
• Per Business Quant data, the three most recent Depreciation & Amortization (CF) figures were $8.3 million in Q4 2025, $10.3 million in Q3 2025, and $16.0 million in Q2 2025.