Houlihan Lokey (HLI) FCF Payout Ratio (2014 - 2025)

Houlihan Lokey (HLI) recorded quarterly FCF Payout Ratio of 0.19 in Q4 2025, up 44.64% quarter-over-quarter from 0.13 in Q3 2025, and up 32.29% on a YoY basis from 0.14 in Q4 2024.

Houlihan Lokey (HLI) FCF Payout Ratio (2014 - 2025) Analysis & Trends

Houlihan Lokey's FCF Payout Ratio history runs 12 years deep, the most recent figure standing at 0.19 for Q4 2025.

  • In Q4 2025, FCF Payout Ratio rose 32.29% year-over-year to 0.19; the TTM figure through Dec 2025 stood at 0.23 (down 1.93% YoY), while the FY2025 annual figure was 0.2, down 63.99% from the prior year.
  • FCF Payout Ratio was 0.19 for Q4 2025 at Houlihan Lokey, up from 0.13 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.46 in Q3 2022 to a low of 0.68 in Q2 2024.
  • Historically, FCF Payout Ratio has averaged 0.08 across 5 years, with a median of 0.14 in 2024.
  • The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio surged 770.77% in 2022, then sank 141.81% in 2024.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.05 in 2021, then soared by 770.77% to 0.44 in 2022, then dropped by 6.14% to 0.42 in 2023, then slumped by 66.0% to 0.14 in 2024, then soared by 32.29% to 0.19 in 2025.
  • The last three FCF Payout Ratio figures came in at 0.19 (Q4 2025), 0.13 (Q3 2025), and 0.36 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - -0.22
3 Goldman Sachs 313.22 Bn -624.33 Bn - -0.05
4 Schwab Charles 154.90 Bn 109.92 Bn - 0.09
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn -
6 Interactive Brokers 38.41 Bn 49.00 Bn - 0.08
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 0.19
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 0.29
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn -
10 Houlihan Lokey 9.39 Bn 8.33 Bn 697.95 Mn 0.19

Historic Data

Download Data
DateValue
Dec 31, 2025 0.19
Sep 30, 2025 0.13
Jun 30, 2025 -0.36
Mar 31, 2025 0.11
Dec 31, 2024 0.14
Sep 30, 2024 0.14
Jun 30, 2024 -0.68
Mar 31, 2024 0.17
Dec 31, 2023 0.42
Sep 30, 2023 0.31
Jun 30, 2023 -0.28
Mar 31, 2023 0.15
Dec 31, 2022 0.44
Sep 30, 2022 0.46
Jun 30, 2022 -0.14
Mar 31, 2022 0.43
Dec 31, 2021 0.05
Sep 30, 2021 0.14
Jun 30, 2021 -0.34
Mar 31, 2021 0.08