Houlihan Lokey (HLI) Goodwill & Intangibles (2015 - 2025)
Houlihan Lokey (HLI) recorded quarterly Goodwill & Intangibles of $1.5 billion in Q4 2025, little changed quarter-over-quarter from $1.5 billion in Q3 2025, and down 0.67% on a YoY basis from $1.5 billion in Q4 2024.
Houlihan Lokey (HLI) Goodwill & Intangibles (2015 - 2025) Analysis & Trends
Houlihan Lokey's Goodwill & Intangibles history runs 11 years deep, the most recent figure standing at $1.5 billion for Q4 2025.
- In Q4 2025, Goodwill & Intangibles fell 0.67% year-over-year to $1.5 billion; the TTM figure through Dec 2025 stood at $1.5 billion (down 0.67% YoY), while the FY2025 annual figure was $1.5 billion, up 13.01% from the prior year.
- Goodwill & Intangibles was $1.5 billion for Q4 2025 at Houlihan Lokey, roughly flat from $1.5 billion in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $1.5 billion in Q4 2024 to a low of $607.9 million in Q3 2022.
- Historically, Goodwill & Intangibles has averaged $1.2 billion across 5 years, with a median of $1.3 billion in 2022.
- The sharpest annual moves came in 2022 and 2023: Goodwill & Intangibles tumbled 31.24% in 2022, then soared 111.09% in 2023.
- A 5-year view of Goodwill & Intangibles shows it stood at $667.3 million in 2021, then soared by 89.65% to $1.3 billion in 2022, then climbed by 4.98% to $1.3 billion in 2023, then advanced by 13.09% to $1.5 billion in 2024, then dropped by 0.67% to $1.5 billion in 2025.
- The last three Goodwill & Intangibles figures came in at $1.5 billion (Q4 2025), $1.5 billion (Q3 2025), and $1.5 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn |
| 10 | Houlihan Lokey | 9.13 Bn | 8.07 Bn | 697.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.49 Bn |
| Sep 30, 2025 | 1.49 Bn |
| Jun 30, 2025 | 1.50 Bn |
| Mar 31, 2025 | 1.50 Bn |
| Dec 31, 2024 | 1.50 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.37 Bn |
| Mar 31, 2024 | 1.32 Bn |
| Dec 31, 2023 | 1.33 Bn |
| Sep 30, 2023 | 1.28 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.29 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 607.85 Mn |
| Jun 30, 2022 | 625.16 Mn |
| Mar 31, 2022 | 1.32 Bn |
| Dec 31, 2021 | 667.30 Mn |
| Sep 30, 2021 | 883.96 Mn |
| Jun 30, 2021 | 866.04 Mn |
| Mar 31, 2021 | 866.22 Mn |