Houlihan Lokey (HLI) Enterprise Value (2015 - 2026)
Houlihan Lokey (HLI) recorded Enterprise Value of $8.9 billion in fiscal Q4 2026 (quarter ended Mar 31, 2026), down 13.6% from $10.31 billion a year earlier and down 19.7% from the prior quarter.
Houlihan Lokey (HLI) Enterprise Value (2015 - 2026) Analysis & Trends
Starting with fiscal Q2 2016, Houlihan Lokey's Enterprise Value history includes 43 quarters.
- Annual Enterprise Value has a five-year compound annual growth rate of 20.3% (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 Q4 2026 figure is the lowest quarterly Enterprise Value since fiscal Q1 2025.
- On a year-over-year basis, Enterprise Value rose in seven of the last eight quarters, with growth averaging 29.1%.
- 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 15.8% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $11.08 billion (Q3 2026), $13.48 billion (Q2 2026) and $11.13 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn |
| 10 | Houlihan Lokey | 8.72 Bn | 4.75 Bn | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 5.08 Bn |
| Jun 30, 2021 | 4.59 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();