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
DateValue
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