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

Houlihan Lokey's Exchange Rate Effect history runs 12 years deep, the most recent figure standing at -$9.8 million for Q4 2025.

• In Q4 2025, Exchange Rate Effect rose 70.18% year-over-year to -$9.8 million; the TTM figure through Dec 2025 stood at $36.8 million (up 259.37% YoY), while the FY2025 annual figure was -$756000.0, down 77.88% from the prior year.
• Exchange Rate Effect was -$9.8 million for Q4 2025 at Houlihan Lokey, down from -$8.6 million in the prior quarter.
• In the past five years, Exchange Rate Effect ranged from a high of $41.4 million in Q2 2025 to a low of -$32.8 million in Q4 2024.
• Historically, Exchange Rate Effect has averaged -$239900.0 across 5 years, with a median of -$2.1 million in 2021.
• The sharpest annual moves came in 2022 and 2025: Exchange Rate Effect plunged 6286.26% in 2022, then surged 912.93% in 2025.
• A 5-year view of Exchange Rate Effect shows it stood at -$2.8 million in 2021, then soared by 476.68% to $10.5 million in 2022, then surged by 81.78% to $19.1 million in 2023, then plunged by 272.27% to -$32.8 million in 2024, then surged by 70.18% to -$9.8 million in 2025.
• The last three Exchange Rate Effect figures came in at -$9.8 million (Q4 2025), -$8.6 million (Q3 2025), and $41.4 million (Q2 2025), per Business Quant data.