Houlihan Lokey (HLI) Depreciation & Amortization - Total (2014 - 2025)
Houlihan Lokey (HLI) posted Depreciation & Amortization - Total of $7.0 million for Q4 2025, down 9.4% on a QoQ basis from $7.7 million in Q3 2025, and up 27.17% year-over-year from $5.5 million in Q4 2024.
Analysis
Houlihan Lokey (HLI) Depreciation & Amortization - Total (2014 - 2025) Analysis & Trends
Houlihan Lokey has reported Depreciation & Amortization - Total for 12 years, with the latest figure at $7.0 million in Q4 2025.
- On a quarterly basis, Depreciation & Amortization - Total rose 27.17% year-over-year to $7.0 million in Q4 2025; TTM through Dec 2025 was $27.5 million, a 24.98% increase from a year earlier, with the FY2025 full-year figure at $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.
- The five-year high for Depreciation & Amortization - Total was $7.7 million in Q3 2025, with the low at $2.7 million in Q3 2021.
- Average Depreciation & Amortization - Total over 5 years is $4.6 million, with a median of $4.4 million recorded in 2021.
- The sharpest annual moves came in 2021 and 2024: Depreciation & Amortization - Total sank 66.14% in 2021, then jumped 84.61% in 2024.
- Over 5 years, Depreciation & Amortization - Total stood at $4.6 million in 2021, then plunged by 37.46% to $2.9 million in 2022, then surged by 76.37% to $5.1 million in 2023, then advanced by 7.81% to $5.5 million in 2024, then grew 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 $7.0 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Tot) (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | - |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | - |
| 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 | 3.10 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | - |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | - |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 3.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 6.99 Mn |
| Sep 30, 2025 | 7.71 Mn |
| Jun 30, 2025 | 7.00 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 |