Houlihan Lokey (HLI) Enterprise Value (2015 - 2026)
Houlihan Lokey (HLI) recorded Enterprise Value of $8.04 billion in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 40.3% from $13.48 billion a year earlier and down 8.0% from the prior quarter.
Houlihan Lokey (HLI) Enterprise Value (2015 - 2026) Analysis & Trends
On a TTM basis, Houlihan Lokey's Enterprise Value came in at $5.05 billion as of Sep 30, 2026, down 53.7% year-over-year; for FY2026 (ended Mar 31, 2026), it was $8.91 billion, down 13.6% from FY2025.
- Annual Enterprise Value has a five-year compound annual growth rate of 20.4% (FY2021 to FY2026).
- Across earlier fiscal years, Enterprise Value came in at $10.31 billion in FY2025 (+26.7%), $8.14 billion in FY2024 (+68.5%), $4.83 billion in FY2023 (-0.9%) and $4.87 billion in FY2022 (+38.0%).
- The fiscal Q2 2027 figure is the lowest quarterly Enterprise Value since fiscal Q3 2024.
- On a year-over-year basis, Enterprise Value has declined for three consecutive quarters, with growth averaging 9.6% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 68.5% in fiscal Q4 2024, against a decline of 40.3% in fiscal Q2 2027 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $8.74 billion (Q1 2027), $8.91 billion (Q4 2026) and $11.08 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - |
| 10 | Houlihan Lokey | 9.82 Bn | 5.99 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.04 Bn |
| Jun 30, 2026 | 8.74 Bn |
| Mar 31, 2026 | 8.90 Bn |
| Dec 31, 2025 | 11.08 Bn |
| Sep 30, 2025 | 13.48 Bn |
| Jun 30, 2025 | 11.13 Bn |
| Mar 31, 2025 | 10.31 Bn |
| Dec 31, 2024 | 10.63 Bn |
| Sep 30, 2024 | 9.71 Bn |
| Jun 30, 2024 | 8.32 Bn |
| Mar 31, 2024 | 8.14 Bn |
| Dec 31, 2023 | 7.17 Bn |
| Sep 30, 2023 | 6.42 Bn |
| Jun 30, 2023 | 5.82 Bn |
| Mar 31, 2023 | 4.83 Bn |
| Dec 31, 2022 | 4.97 Bn |
| Sep 30, 2022 | 4.28 Bn |
| Jun 30, 2022 | 4.51 Bn |
| Mar 31, 2022 | 4.87 Bn |
| Dec 31, 2021 | 5.66 Bn |
Houlihan Lokey Enterprise Value 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=enterprise-value&ticker=HLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();