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| Date | Value |
|---|---|
| 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 |