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

Houlihan Lokey (HLI) recorded quarterly Depreciation & Amortization - Total of $7.0 million in Q4 2025, down 9.4% quarter-over-quarter from $7.7 million in Q3 2025, and up 27.17% on a YoY basis from $5.5 million in Q4 2024.

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

Houlihan Lokey's Depreciation & Amortization - Total history runs 12 years deep, the most recent figure standing at $7.0 million for Q4 2025.

  • In Q4 2025, Depreciation & Amortization - Total rose 27.17% year-over-year to $7.0 million; the TTM figure through Dec 2025 stood at $27.0 million (up 22.77% YoY), while the FY2025 annual figure was $21.9 million, up 23.39% from the prior year.
  • Depreciation & Amortization - Total was $7.0 million for Q4 2025 at Houlihan Lokey, down from $7.7 million in the prior quarter.
  • In the past five years, Depreciation & Amortization - Total ranged from a high of $7.7 million in Q3 2025 to a low of $2.7 million in Q3 2021.
  • Historically, Depreciation & Amortization - Total has averaged $4.6 million across 5 years, with a median of $4.4 million in 2021.
  • The sharpest annual moves came in 2021 and 2024: Depreciation & Amortization - Total slumped 66.14% in 2021, then soared 84.61% in 2024.
  • A 5-year view of Depreciation & Amortization - Total shows it stood at $4.6 million in 2021, then sank by 37.46% to $2.9 million in 2022, then jumped by 76.37% to $5.1 million in 2023, then gained by 7.81% to $5.5 million in 2024, then climbed by 27.17% to $7.0 million in 2025.
  • The last three Depreciation & Amortization - Total figures came in at $7.0 million (Q4 2025), $7.7 million (Q3 2025), and $6.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Amort. (Tot) (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - -
3 Goldman Sachs 313.22 Bn -624.33 Bn - -
4 Schwab Charles 154.90 Bn 109.92 Bn - -
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn -
6 Interactive Brokers 38.41 Bn 49.00 Bn - -
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - -
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 7.20 Mn
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 1.00 Mn
10 Houlihan Lokey 9.39 Bn 8.33 Bn 697.95 Mn 6.99 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 6.99 Mn
Sep 30, 2025 7.71 Mn
Jun 30, 2025 6.52 Mn
Mar 31, 2025 5.76 Mn
Dec 31, 2024 5.50 Mn
Sep 30, 2024 5.38 Mn
Jun 30, 2024 5.32 Mn
Mar 31, 2024 5.78 Mn
Dec 31, 2023 5.10 Mn
Sep 30, 2023 3.73 Mn
Jun 30, 2023 3.18 Mn
Mar 31, 2023 3.13 Mn
Dec 31, 2022 2.89 Mn
Sep 30, 2022 3.85 Mn
Jun 30, 2022 3.38 Mn
Mar 31, 2022 4.14 Mn
Dec 31, 2021 4.62 Mn
Sep 30, 2021 2.73 Mn
Jun 30, 2021 3.11 Mn
Mar 31, 2021 2.86 Mn