Houlihan Lokey (HLI) EBIT Margin (2014 - 2025)

Houlihan Lokey (HLI) has reported EBIT Margin for 12 consecutive years, with 22.41% the latest figure, recorded in Q4 2025.

• In Q4 2025, EBIT Margin rose 96.0% year-over-year to 22.41%; the TTM figure through Dec 2025 stood at 20.46% (down 23.0% YoY), while the FY2025 annual figure was 20.99%, up 204.0% from the prior year.
• EBIT Margin came in at 22.41% for Q4 2025 at Houlihan Lokey, down from 22.95% in the prior quarter.
• The five-year high for EBIT Margin was 37.75% in Q1 2022, with the low at 14.83% in Q2 2025.
• Average EBIT Margin over 5 years is 22.35%, with a median of 20.69% recorded in 2023.
• Across the five-year window, EBIT Margin jumped 974 bps in 2022 and slumped 1738 bps in 2023, its largest moves.
• Year by year, EBIT Margin stood at 28.04% in 2021, then tumbled by 34 bps to 18.44% in 2022, then increased by 2 bps to 18.89% in 2023, then gained by 14 bps to 21.45% in 2024, then gained by 4 bps to 22.41% in 2025.
• According to Business Quant data, EBIT Margin over the past three periods registered 22.41%, 22.95%, and 14.83% for Q4 2025, Q3 2025, and Q2 2025 respectively.