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 (HLI) has reported EBIT for 12 consecutive years, with $160.7 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, EBIT rose 18.1% year-over-year to $160.7 million; the TTM figure through Dec 2025 stood at $541.9 million (up 16.74% YoY), while the FY2025 annual figure was $501.5 million, up 38.22% from the prior year.
  • EBIT came in at $160.7 million for Q4 2025 at Houlihan Lokey, up from $151.3 million in the prior quarter.
  • The five-year high for EBIT was $249.3 million in Q4 2021, with the low at $73.3 million in Q2 2023.
  • Average EBIT over 5 years is $118.1 million, with a median of $100.7 million recorded in 2022.
  • Across the five-year window, EBIT soared 152.82% in 2021 and slumped 66.23% in 2022, its largest moves.
  • Year by year, EBIT stood at $249.3 million in 2021, then plunged by 66.23% to $84.2 million in 2022, then gained by 14.69% to $96.5 million in 2023, then soared by 40.98% to $136.1 million in 2024, then climbed by 18.1% to $160.7 million in 2025.
  • According to Business Quant data, EBIT over the past three periods registered $160.7 million, $151.3 million, and $89.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 23.57 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.01 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 584.88 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 287.25 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 45.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -233.52 Mn
10 Houlihan Lokey 9.19 Bn 8.14 Bn 697.95 Mn 160.73 Mn

Historic Data

Download Data
DateValue
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