Houlihan Lokey HLI
NYSE HLI
$130.49 -2.20 (-1.66%)
At close: Sep 18, 2026 · 4:00 PM EDT

Houlihan Lokey (HLI) Exchange Rate Effect (2014 - 2025)

Houlihan Lokey (HLI) posted Exchange Rate Effect of -$9.8 million for Q4 2025, down 19.36% on a QoQ basis from -$8.2 million in Q3 2025, and up 70.18% year-over-year from -$5.8 million in Q4 2024.

Analysis

Houlihan Lokey (HLI) Exchange Rate Effect (2014 - 2025) Analysis & Trends

Houlihan Lokey has reported Exchange Rate Effect for 12 years, with the latest figure at -$9.8 million in Q4 2025.

  • On a quarterly basis, Exchange Rate Effect rose 70.18% year-over-year to -$9.8 million in Q4 2025; TTM through Dec 2025 was $36.8 million, a 259.37% increase from a year earlier, with the FY2025 full-year figure at -$756000.0, down 77.88% from the prior year.
  • Exchange Rate Effect was -$9.8 million for Q4 2025 at Houlihan Lokey, down from -$8.2 million in the prior quarter.
  • The five-year high for Exchange Rate Effect was $41.0 million in Q2 2025, with the low at -$32.8 million in Q4 2024.
  • Average Exchange Rate Effect over 5 years is -$239900.0, with a median of -$2.1 million recorded in 2021.
  • The sharpest annual moves came in 2022 and 2025: Exchange Rate Effect tumbled 6286.26% in 2022, then jumped 904.55% in 2025.
  • Over 5 years, Exchange Rate Effect stood at -$2.8 million in 2021, then jumped by 476.68% to $10.5 million in 2022, then soared by 81.78% to $19.1 million in 2023, then tumbled by 272.27% to -$32.8 million in 2024, then soared by 70.18% to -$9.8 million in 2025.
  • The last three Exchange Rate Effect figures came in at -$9.8 million (Q4 2025), -$8.2 million (Q3 2025), and $41.0 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn -5.30 Mn
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn -4.68 Mn
3 Houlihan Lokey 9.07 Bn 7.99 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - -
5 PJT Partners 5.75 Bn 5.81 Bn 481.98 Mn 454,000.00
6 Moelis 5.25 Bn 5.17 Bn - -1.28 Mn
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - -257,000.00
8 Lazard 3.95 Bn 2.96 Bn - -7.12 Mn
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn -659,118.54
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - -88,000.00
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -9.79 Mn
Sep 30, 2025 -8.20 Mn
Jun 30, 2025 41.00 Mn
Mar 31, 2025 13.84 Mn
Dec 31, 2024 -32.83 Mn
Sep 30, 2024 23.33 Mn
Jun 30, 2024 -5.10 Mn
Mar 31, 2024 -8.53 Mn
Dec 31, 2023 19.06 Mn
Sep 30, 2023 -9.71 Mn
Jun 30, 2023 -1.24 Mn
Mar 31, 2023 -1.05 Mn
Dec 31, 2022 10.48 Mn
Sep 30, 2022 -10.24 Mn
Jun 30, 2022 -11.26 Mn
Mar 31, 2022 -12.73 Mn
Dec 31, 2021 -2.78 Mn
Sep 30, 2021 -1.45 Mn
Jun 30, 2021 182,000.00
Mar 31, 2021 2.22 Mn