Houlihan Lokey (HLI) FCF Payout Ratio (2014 - 2025)
Houlihan Lokey (HLI) posted quarterly FCF Payout Ratio of 0.19 for Q4 2025, up 32.29% year-over-year from 0.14 in Q4 2024, and up 46.56% on a QoQ basis from 0.13 in Q3 2025.
Houlihan Lokey (HLI) FCF Payout Ratio (2014 - 2025) Analysis & Trends
Houlihan Lokey has reported FCF Payout Ratio for 12 years, with the latest figure at 0.19 in Q4 2025.
- FCF Payout Ratio for Q4 2025 came in at 0.19, up 32.29% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.23 (down 1.93% YoY), and the FY2025 annual result was 0.2, down 63.99% from the prior year.
- FCF Payout Ratio grew to 0.19 in Q4 2025, from 0.13 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 0.46 in Q3 2022 and troughed at 0.68 in Q2 2024.
- A 5-year average of 0.08 and a median of 0.14 in 2024 frame the typical range for FCF Payout Ratio.
- The widest annual swing landed in 2022, when FCF Payout Ratio surged 770.77%; it then plunged 141.81% in 2024.
- A 5-year view of FCF Payout Ratio shows it stood at 0.05 in 2021, then surged by 770.77% to 0.44 in 2022, then slipped by 6.14% to 0.42 in 2023, then tumbled by 66.0% to 0.14 in 2024, then surged by 32.29% to 0.19 in 2025.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.19 in Q4 2025, 0.13 in Q3 2025, and 0.37 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | -0.47 |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 0.29 |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 0.09 |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | - |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | - |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 0.08 |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 0.12 |
| 10 | Houlihan Lokey | 6.95 Bn | 5.88 Bn | - | - |
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 |