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

Houlihan Lokey (HLI) has reported EBT Margin for 12 consecutive years, with 23.66% the latest figure, recorded in Q4 2025.

• In Q4 2025, EBT Margin rose 78.0% year-over-year to 23.66%; the TTM figure through Dec 2025 stood at 21.83% (down 42.0% YoY), while the FY2025 annual figure was 22.24%, up 184.0% from the prior year.
• EBT Margin came in at 23.66% for Q4 2025 at Houlihan Lokey, down from 24.27% in the prior quarter.
• The five-year high for EBT Margin was 34.72% in Q1 2022, with the low at 16.2% in Q2 2025.
• Average EBT Margin over 5 years is 22.71%, with a median of 22.61% recorded in 2024.
• Across the five-year window, EBT Margin jumped 819 bps in 2021 and slumped 1666 bps in 2023, its largest moves.
• Year by year, EBT Margin stood at 28.02% in 2021, then plunged by 35 bps to 18.32% in 2022, then rose by 10 bps to 20.07% in 2023, then climbed by 14 bps to 22.87% in 2024, then advanced by 3 bps to 23.66% in 2025.
• According to Business Quant data, EBT Margin over the past three periods registered 23.66%, 24.27%, and 16.2% for Q4 2025, Q3 2025, and Q2 2025 respectively.