Houlihan Lokey (HLI) Enterprise Value (2014 - 2025)

Houlihan Lokey's Enterprise Value history runs 12 years deep, the most recent figure standing at -$1.1 billion for Q4 2025.

• In Q4 2025, Enterprise Value fell 32.17% year-over-year to -$1.1 billion; the TTM figure through Dec 2025 stood at -$1.1 billion (down 32.17% YoY), while the FY2025 annual figure was -$971.0 million, down 34.63% from the prior year.
• Enterprise Value was -$1.1 billion for Q4 2025 at Houlihan Lokey, down from -$923.6 million in the prior quarter.
• In the past five years, Enterprise Value ranged from a high of -$449.7 million in Q2 2024 to a low of -$1.1 billion in Q4 2021.
• Historically, Enterprise Value has averaged -$730.7 million across 5 years, with a median of -$751.7 million in 2021.
• The sharpest annual moves came in 2021 and 2022: Enterprise Value tumbled 122.64% in 2021, then jumped 48.1% in 2022.
• A 5-year view of Enterprise Value shows it stood at -$1.1 billion in 2021, then soared by 48.1% to -$549.4 million in 2022, then decreased by 1.11% to -$555.5 million in 2023, then plunged by 43.89% to -$799.3 million in 2024, then plunged by 32.17% to -$1.1 billion in 2025.
• The last three Enterprise Value figures came in at -$1.1 billion (Q4 2025), -$923.6 million (Q3 2025), and -$793.8 million (Q2 2025), per Business Quant data.