Houlihan Lokey (HLI) EBITDA (2014 - 2025)

Houlihan Lokey has reported EBITDA for 12 years, with the latest figure at $167.7 million in Q4 2025.

• On a quarterly basis, EBITDA rose 18.45% year-over-year to $167.7 million in Q4 2025; TTM through Dec 2025 was $569.6 million, a 17.15% increase from a year earlier, with the FY2025 full-year figure at $523.5 million, up 37.53% from the prior year.
• EBITDA was $167.7 million for Q4 2025 at Houlihan Lokey, up from $159.1 million in the prior quarter.
• The five-year high for EBITDA was $253.9 million in Q4 2021, with the low at $76.5 million in Q2 2023.
• Average EBITDA over 5 years is $122.7 million, with a median of $105.6 million recorded in 2022.
• The sharpest annual moves came in 2021 and 2022: EBITDA jumped 144.74% in 2021, then sank 65.71% in 2022.
• Over 5 years, EBITDA stood at $253.9 million in 2021, then tumbled by 65.71% to $87.1 million in 2022, then rose by 16.74% to $101.6 million in 2023, then surged by 39.32% to $141.6 million in 2024, then grew by 18.45% to $167.7 million in 2025.
• The last three EBITDA figures came in at $167.7 million (Q4 2025), $159.1 million (Q3 2025), and $97.0 million (Q2 2025), per Business Quant data.