Houlihan Lokey (HLI) EBT (2014 - 2025)
Houlihan Lokey (HLI) reported EBT of $169.65 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 16.9% from $145.12 million a year earlier and up 6.0% from the prior quarter.
Houlihan Lokey (HLI) EBT (2014 - 2025) Analysis & Trends
Over the twelve months ended Dec 31, 2025, Houlihan Lokey's EBT came in at $577.96 million, up 15.8% year-over-year; for FY2025 (ended Mar 31, 2025), it was $531.34 million, up 36.1% from FY2024.
- EBT has a five-year compound annual growth rate of 17.7% (FY2020 to FY2025).
- By fiscal year, EBT came in at $390.54 million in FY2024 (+20.5%), $324 million in FY2023 (-46.4%), $603.94 million in FY2022 (+47.6%) and $409.23 million in FY2021 (+73.7%).
- The fiscal Q3 2026 figure ranks as the highest quarterly EBT since fiscal Q3 2022.
- Year over year, EBT gained in seven of the last eight quarters, with growth averaging 28.1%.
- The high point for year-over-year EBT in five years was fiscal Q1 2022 (growth of 146.3%); the low point was fiscal Q3 2023 (a decline of 66.4%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $160.05 million (Q2 2026), $98 million (Q1 2026) and $150.26 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.00 Bn | 94.09 Bn | - | 1.33 Bn |
| 2 | Intercontinental Exchange | 89.08 Bn | 82.81 Bn | - | 1.29 Bn |
| 3 | Robinhood Markets | 87.98 Bn | 69.01 Bn | - | 709.00 Mn |
| 4 | Nasdaq | 53.42 Bn | 50.85 Bn | 1.50 Bn | 653.00 Mn |
| 5 | Interactive Brokers | 37.04 Bn | 14.15 Bn | - | 1.46 Bn |
| 6 | Cboe Global Markets | 33.10 Bn | 24.76 Bn | 731.60 Mn | 494.70 Mn |
| 7 | LPL Financial Holdings | 25.66 Bn | 20.98 Bn | - | 515.50 Mn |
| 8 | Tradeweb Markets | 25.37 Bn | 17.38 Bn | - | 270.19 Mn |
| 9 | Circle Internet | 21.26 Bn | 15.14 Bn | 288.85 Mn | 52.31 Mn |
| 10 | Houlihan Lokey | 8.71 Bn | 4.75 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 169.65 Mn |
| Sep 30, 2025 | 160.05 Mn |
| Jun 30, 2025 | 98.00 Mn |
| Mar 31, 2025 | 150.26 Mn |
| Dec 31, 2024 | 145.12 Mn |
| Sep 30, 2024 | 136.09 Mn |
| Jun 30, 2024 | 99.87 Mn |
| Mar 31, 2024 | 118.04 Mn |
| Dec 31, 2023 | 102.58 Mn |
| Sep 30, 2023 | 93.57 Mn |
| Jun 30, 2023 | 76.35 Mn |
| Mar 31, 2023 | 80.30 Mn |
| Dec 31, 2022 | 83.61 Mn |
| Sep 30, 2022 | 84.27 Mn |
| Jun 30, 2022 | 75.82 Mn |
| Mar 31, 2022 | 90.69 Mn |
| Dec 31, 2021 | 249.01 Mn |
| Sep 30, 2021 | 156.47 Mn |
| Jun 30, 2021 | 107.78 Mn |
| Mar 31, 2021 | 139.80 Mn |
Houlihan Lokey EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=HLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();