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| Date | Value |
|---|---|
| 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 |