Houlihan Lokey (HLI) EV to EBITDA (2015 - 2025)

Houlihan Lokey has reported EV to EBITDA for 11 years, with the latest figure at 66.08 in Q4 2025.

• On a quarterly basis, EV to EBITDA fell 12.01% year-over-year to 66.08 in Q4 2025; TTM through Dec 2025 was 19.46, a 11.03% decrease from a year earlier, with the FY2025 full-year figure at 19.69, down 7.87% from the prior year.
• EV to EBITDA was 66.08 for Q4 2025 at Houlihan Lokey, down from 84.73 in the prior quarter.
• The five-year high for EV to EBITDA was 114.71 in Q2 2025, with the low at 22.3 in Q4 2021.
• Average EV to EBITDA over 5 years is 61.67, with a median of 67.19 recorded in 2025.
• The sharpest annual moves came in 2021 and 2022: EV to EBITDA plunged 39.88% in 2021, then jumped 156.25% in 2022.
• Over 5 years, EV to EBITDA stood at 22.3 in 2021, then soared by 156.25% to 57.14 in 2022, then advanced by 23.42% to 70.53 in 2023, then gained by 6.47% to 75.09 in 2024, then retreated by 12.01% to 66.08 in 2025.
• The last three EV to EBITDA figures came in at 66.08 (Q4 2025), 84.73 (Q3 2025), and 114.71 (Q2 2025), per Business Quant data.