Houlihan Lokey (HLI) Equity Average (2014 - 2025)

Houlihan Lokey (HLI) posted quarterly Equity Average of $2.3 billion for Q4 2025, up 12.46% year-over-year from $2.0 billion in Q4 2024, and up 2.62% on a QoQ basis from $2.2 billion in Q3 2025.

Houlihan Lokey (HLI) Equity Average (2014 - 2025) Analysis & Trends

Houlihan Lokey (HLI) has reported Equity Average for 12 consecutive years, with $2.3 billion the latest figure, recorded in Q4 2025.

  • In Q4 2025, Equity Average rose 12.46% year-over-year to $2.3 billion; the TTM figure through Dec 2025 stood at $2.3 billion (up 12.46% YoY), while the FY2025 annual figure was $2.0 billion, up 126.14% from the prior year.
  • Equity Average came in at $2.3 billion for Q4 2025 at Houlihan Lokey, up from $2.2 billion in the prior quarter.
  • The five-year high for Equity Average was $2.3 billion in Q4 2025, with the low at -$31.4 million in Q1 2023.
  • Average Equity Average over 5 years is $920.3 million, with a median of $604.7 million recorded in 2021.
  • Across the five-year window, Equity Average tumbled 179517.14% in 2023 and jumped 5851534.78% in 2024, its largest moves.
  • Year by year, Equity Average stood at $718.9 million in 2021, then plunged by 31.75% to $490.6 million in 2022, then sank by 99.99% to $34500.0 in 2023, then surged by 5851534.78% to $2.0 billion in 2024, then grew by 12.46% to $2.3 billion in 2025.
  • According to Business Quant data, Equity Average over the past three periods registered $2.3 billion, $2.2 billion, and $2.2 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 113.51 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 123.88 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 49.33 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.42 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 5.52 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 7.25 Bn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 3.38 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.59 Bn
10 Houlihan Lokey 9.19 Bn 8.14 Bn 697.95 Mn 2.27 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.27 Bn
Sep 30, 2025 2.21 Bn
Jun 30, 2025 2.18 Bn
Mar 31, 2025 2.13 Bn
Dec 31, 2024 2.02 Bn
Sep 30, 2024 1.89 Bn
Jun 30, 2024 1.83 Bn
Mar 31, 2024 918.38 Mn
Dec 31, 2023 34,500.00
Sep 30, 2023 51,500.00
Jun 30, 2023 -31.38 Mn
Mar 31, 2023 -31.40 Mn
Dec 31, 2022 490.61 Mn
Sep 30, 2022 490.61 Mn
Jun 30, 2022 18,500.00
Mar 31, 2022 17,500.00
Dec 31, 2021 718.88 Mn
Sep 30, 2021 718.89 Mn
Jun 30, 2021 300.07 Mn
Mar 31, 2021 300.07 Mn