Houlihan Lokey (HLI) FCF Payout Ratio (2014 - 2025)
Houlihan Lokey (HLI) posted FCF Payout Ratio of 0.19 for Q4 2025, up 46.56% on a QoQ basis from 0.13 in Q3 2025, and up 32.29% year-over-year from 0.14 in Q4 2024.
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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.
- On a quarterly basis, FCF Payout Ratio rose 32.29% year-over-year to 0.19 in Q4 2025; TTM through Dec 2025 was 0.23, a 1.93% decrease from a year earlier, with the FY2025 full-year figure at 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.
- 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.
- The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio soared 770.77% in 2022, then plunged 141.81% in 2024.
- Over 5 years, FCF Payout Ratio stood at 0.05 in 2021, then jumped by 770.77% to 0.44 in 2022, then declined by 6.14% to 0.42 in 2023, then sank by 66.0% to 0.14 in 2024, then jumped 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 0.37 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 0.07 |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 0.06 |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 0.03 |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 0.27 |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 0.51 |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 0.25 |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 0.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | -0.37 |
| 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 |