Houlihan Lokey (HLI) Goodwill & Intangibles (2015 - 2026)
Houlihan Lokey (HLI) reported Goodwill & Intangibles of $1.6 billion for fiscal Q4 2026 (quarter ended Mar 31, 2026), up 6.9% from $1.5 billion a year earlier and up 7.2% from the prior quarter.
Houlihan Lokey (HLI) Goodwill & Intangibles (2015 - 2026) Analysis & Trends
Dating back to fiscal Q4 2015, Houlihan Lokey's Goodwill & Intangibles record includes 44 quarters.
- Goodwill & Intangibles has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 13.1% (FY2021 to FY2026).
- By fiscal year, Goodwill & Intangibles came in at $1.5 billion in FY2025 (+13.0%), $1.32 billion in FY2024 (+2.6%), $1.29 billion in FY2023 (-2.0%) and $1.32 billion in FY2022 (+52.1%).
- The fiscal Q4 2026 figure ranks as the highest quarterly Goodwill & Intangibles in data going back to fiscal Q4 2015.
- Year over year, Goodwill & Intangibles gained in seven of the last eight quarters, with growth averaging 7.9%.
- The high point for year-over-year Goodwill & Intangibles in five years was fiscal Q3 2022 (growth of 55.4%); the low point was fiscal Q3 2023 (a decline of 6.0%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $1.49 billion (Q3 2026), $1.49 billion (Q2 2026) and $1.5 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 110.79 Bn | 98.88 Bn | - |
| 2 | Intercontinental Exchange | 92.42 Bn | 86.16 Bn | - |
| 3 | Robinhood Markets | 86.87 Bn | 67.91 Bn | - |
| 4 | Nasdaq | 57.75 Bn | 55.18 Bn | 1.48 Bn |
| 5 | Interactive Brokers | 36.27 Bn | 13.38 Bn | - |
| 6 | Cboe Global Markets | 35.30 Bn | 26.96 Bn | 731.60 Mn |
| 7 | Tradeweb Markets | 25.95 Bn | 17.97 Bn | - |
| 8 | LPL Financial Holdings | 25.14 Bn | 20.46 Bn | - |
| 9 | Circle Internet | 21.72 Bn | 15.59 Bn | 288.85 Mn |
| 10 | Houlihan Lokey | 8.71 Bn | 4.74 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.60 Bn |
| 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 | 1.27 Bn |
| Jun 30, 2022 | 1.29 Bn |
| Mar 31, 2022 | 1.32 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Sep 30, 2021 | 883.96 Mn |
| Jun 30, 2021 | 866.04 Mn |
Houlihan Lokey Goodwill & Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=HLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();