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
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