Houlihan Lokey (HLI) EBITDA (2014 - 2025)

Houlihan Lokey's EBITDA history runs 12 years deep, the most recent figure standing at $116.1 million for Q4 2025.

• In Q4 2025, EBITDA rose 146.22% year-over-year to $116.1 million; the TTM figure through Dec 2025 stood at $504.7 million (up 54.49% YoY), while the FY2025 annual figure was $403.0 million, up 45.76% from the prior year.
• EBITDA was $116.1 million for Q4 2025 at Houlihan Lokey, up from $97.7 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of $171.9 million in Q4 2021 to a low of $32.2 million in Q3 2022.
• Historically, EBITDA has averaged $89.4 million across 5 years, with a median of $87.4 million in 2021.
• The sharpest annual moves came in 2022 and 2024: EBITDA plunged 69.89% in 2022, then surged 164.93% in 2024.
• A 5-year view of EBITDA shows it stood at $171.9 million in 2021, then tumbled by 49.24% to $87.3 million in 2022, then gained by 10.45% to $96.4 million in 2023, then slumped by 51.07% to $47.2 million in 2024, then surged by 146.22% to $116.1 million in 2025.
• The last three EBITDA figures came in at $116.1 million (Q4 2025), $97.7 million (Q3 2025), and $145.9 million (Q2 2025), per Business Quant data.