Houlihan Lokey (HLI) EV to EBIT (2015 - 2025)
Houlihan Lokey's (HLI) EV to EBIT stood at 20.44 in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 10.8% from 22.91 a year earlier and down 21.5% from the prior quarter.
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Analysis
Houlihan Lokey (HLI) EV to EBIT (2015 - 2025) Analysis & Trends
On a TTM basis, Houlihan Lokey's EV to EBIT came in at 15.48 as of Dec 31, 2025, down 18.0% year-over-year; for FY2025 (ended Mar 31, 2025), it was 20.55, down 8.3% from FY2024.
- Across earlier fiscal years, EV to EBIT came in at 22.42 in FY2024 (+58.7%), 14.13 in FY2023 (+77.8%), 7.95 in FY2022 (-8.1%) and 8.64 in FY2021 (-30.6%).
- The fiscal Q3 2026 figure is the lowest quarterly EV to EBIT since fiscal Q3 2024.
- On a year-over-year basis, EV to EBIT rose in six of the last eight quarters, with growth averaging 14.4%.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 128.4% in fiscal Q2 2024, against a decline of 37.0% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 26.04 (Q2 2026), 22.40 (Q1 2026) and 20.55 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 105.10 Bn | 93.20 Bn | - |
| 2 | Robinhood Markets | 89.89 Bn | 70.93 Bn | - |
| 3 | Intercontinental Exchange | 89.14 Bn | 82.88 Bn | - |
| 4 | Nasdaq | 53.76 Bn | 51.19 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 37.40 Bn | 14.52 Bn | - |
| 6 | Cboe Global Markets | 33.02 Bn | 24.68 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.79 Bn | 21.11 Bn | - |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - |
| 9 | Circle Internet | 21.81 Bn | 15.69 Bn | 288.85 Mn |
| 10 | Houlihan Lokey | 8.71 Bn | 4.75 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 20.44 |
| Sep 30, 2025 | 26.04 |
| Jun 30, 2025 | 22.40 |
| Mar 31, 2025 | 20.55 |
| Dec 31, 2024 | 22.91 |
| Sep 30, 2024 | 22.87 |
| Jun 30, 2024 | 21.65 |
| Mar 31, 2024 | 22.42 |
| Dec 31, 2023 | 20.43 |
| Sep 30, 2023 | 18.97 |
| Jun 30, 2023 | 17.23 |
| Mar 31, 2023 | 14.13 |
| Dec 31, 2022 | 14.23 |
| Sep 30, 2022 | 8.31 |
| Jun 30, 2022 | 7.73 |
| Mar 31, 2022 | 7.95 |
| Dec 31, 2021 | 8.65 |
| Sep 30, 2021 | 9.01 |
| Jun 30, 2021 | 9.70 |
| Mar 31, 2021 | 8.64 |
API Access
Houlihan Lokey EV to EBIT 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=ev-to-ebit&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();