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
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