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 44.64% on a QoQ basis from 0.13 in Q3 2025.
Houlihan Lokey (HLI) FCF Payout Ratio (2014 - 2025) Analysis & Trends
Houlihan Lokey (HLI) has reported FCF Payout Ratio for 12 consecutive years, with 0.19 the latest figure, recorded in 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 came in at 0.19 for Q4 2025 at Houlihan Lokey, up from 0.13 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.46 in Q3 2022, with the low at 0.68 in Q2 2024.
- Average FCF Payout Ratio over 5 years is 0.08, with a median of 0.14 recorded in 2024.
- Across the five-year window, FCF Payout Ratio surged 770.77% in 2022 and slumped 141.81% in 2024, its largest moves.
- Year by year, FCF Payout Ratio stood at 0.05 in 2021, then soared by 770.77% to 0.44 in 2022, then retreated by 6.14% to 0.42 in 2023, then tumbled by 66.0% to 0.14 in 2024, then soared by 32.29% to 0.19 in 2025.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.19, 0.13, and 0.36 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | -0.22 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | -0.05 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 0.09 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | - |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 0.19 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 0.29 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | - |
| 10 | Houlihan Lokey | 9.19 Bn | 8.14 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 |