Houlihan Lokey (HLI) Equity Ratio (2015 - 2025)
Houlihan Lokey (HLI) posted quarterly Equity Ratio of 0.58 for Q4 2025, down 2.66% year-over-year from 0.6 in Q4 2024, and down 1.63% on a QoQ basis from 0.59 in Q3 2025.
Houlihan Lokey (HLI) Equity Ratio (2015 - 2025) Analysis & Trends
Houlihan Lokey (HLI) has reported Equity Ratio for 11 consecutive years, with 0.58 the latest figure, recorded in Q4 2025.
- In Q4 2025, Equity Ratio fell 2.66% year-over-year to 0.58; the TTM figure through Dec 2025 stood at 0.58 (down 2.66% YoY), while the FY2025 annual figure was 0.57, down 1.71% from the prior year.
- Equity Ratio came in at 0.58 for Q4 2025 at Houlihan Lokey, down from 0.59 in the prior quarter.
- The five-year high for Equity Ratio was 0.62 in Q2 2024, with the low at 0.02 in Q1 2023.
- Average Equity Ratio over 5 years is 0.3, with a median of 0.32 recorded in 2022.
- Across the five-year window, Equity Ratio sank 339427.58% in 2023 and soared 10418486.18% in 2024, its largest moves.
- Year by year, Equity Ratio stood at 0.0 in 2021, then advanced by 20.71% to 0.0 in 2022, then decreased by 14.72% to 0.0 in 2023, then jumped by 10418486.18% to 0.6 in 2024, then dropped by 2.66% to 0.58 in 2025.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.58, 0.59, and 0.62 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 0.07 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 0.06 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 0.10 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 0.18 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 0.21 |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 0.30 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 0.88 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 0.04 |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 0.37 |
| 10 | Houlihan Lokey | 9.19 Bn | 8.14 Bn | 697.95 Mn | 0.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.58 |
| Sep 30, 2025 | 0.59 |
| Jun 30, 2025 | 0.62 |
| Mar 31, 2025 | 0.57 |
| Dec 31, 2024 | 0.60 |
| Sep 30, 2024 | 0.61 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.58 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | -0.02 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2021 | 0.61 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | 0.25 |