Houlihan Lokey (HLI) EBIT (2014 - 2025)
Houlihan Lokey (HLI) posted quarterly EBIT of $160.7 million for Q4 2025, up 18.1% year-over-year from $136.1 million in Q4 2024, and up 6.2% on a QoQ basis from $151.3 million in Q3 2025.
Houlihan Lokey (HLI) EBIT (2014 - 2025) Analysis & Trends
Houlihan Lokey has reported EBIT for 12 years, with the latest figure at $160.7 million in Q4 2025.
- EBIT for Q4 2025 came in at $160.7 million, up 18.1% year-over-year; the trailing twelve-month figure through Dec 2025 was $542.1 million (up 16.78% YoY), and the FY2025 annual result was $501.5 million, up 38.22% from the prior year.
- EBIT rose to $160.7 million in Q4 2025, from $151.3 million in the prior quarter.
- Over five years, EBIT peaked at $249.3 million in Q4 2021 and troughed at $73.3 million in Q2 2023.
- A 5-year average of $118.1 million and a median of $100.7 million in 2022 frame the typical range for EBIT.
- The widest annual swing landed in 2021, when EBIT soared 152.82%; it then plunged 66.23% in 2022.
- A 5-year view of EBIT shows it stood at $249.3 million in 2021, then plunged by 66.23% to $84.2 million in 2022, then climbed by 14.69% to $96.5 million in 2023, then surged by 40.98% to $136.1 million in 2024, then increased by 18.1% to $160.7 million in 2025.
- Per Business Quant data, the three most recent EBIT figures were $160.7 million in Q4 2025, $151.3 million in Q3 2025, and $90.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 20.47 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 26.66 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 7.05 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 532.81 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 470.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -233.52 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 2.33 Bn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 778.05 Mn |
| 10 | Houlihan Lokey | 6.95 Bn | 5.88 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 160.73 Mn |
| Sep 30, 2025 | 151.34 Mn |
| Jun 30, 2025 | 89.80 Mn |
| Mar 31, 2025 | 140.03 Mn |
| Dec 31, 2024 | 136.10 Mn |
| Sep 30, 2024 | 130.67 Mn |
| Jun 30, 2024 | 94.74 Mn |
| Mar 31, 2024 | 102.70 Mn |
| Dec 31, 2023 | 96.54 Mn |
| Sep 30, 2023 | 90.28 Mn |
| Jun 30, 2023 | 73.35 Mn |
| Mar 31, 2023 | 90.62 Mn |
| Dec 31, 2022 | 84.17 Mn |
| Sep 30, 2022 | 89.37 Mn |
| Jun 30, 2022 | 77.57 Mn |
| Mar 31, 2022 | 98.61 Mn |
| Dec 31, 2021 | 249.26 Mn |
| Sep 30, 2021 | 157.32 Mn |
| Jun 30, 2021 | 107.68 Mn |
| Mar 31, 2021 | 140.28 Mn |