Houlihan Lokey HLI
NYSE HLI
$135.96 +0.69 (+0.51%)
As of: Sep 10, 2026 · 3:59 PM EDT

Houlihan Lokey (HLI) Operating Leases (2019 - 2026)

Houlihan Lokey (HLI) posted Operating Leases of $492.0 million for Q1 2026, down 1.03% on a QoQ basis from $497.1 million in Q4 2025, and up 12.28% year-over-year from $438.2 million in Q1 2025.

Analysis

Houlihan Lokey (HLI) Operating Leases (2019 - 2026) Analysis & Trends

Houlihan Lokey has reported Operating Leases for 8 years, with the latest figure at $492.0 million in Q1 2026.

  • On a quarterly basis, Operating Leases rose 12.28% year-over-year to $492.0 million in Q1 2026; TTM through Mar 2026 was $492.0 million, a 12.28% increase from a year earlier, with the FY2026 full-year figure at $492.0 million, up 12.28% from the prior year.
  • Operating Leases was $492.0 million for Q1 2026 at Houlihan Lokey, down from $497.1 million in the prior quarter.
  • The five-year high for Operating Leases was $497.1 million in Q4 2025, with the low at $188.0 million in Q2 2022.
  • Average Operating Leases over 5 years is $383.3 million, with a median of $429.1 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases jumped 128.19% in 2023, then gained 0.39% in 2025.
  • Over 5 years, Operating Leases stood at $283.7 million in 2022, then surged by 48.07% to $420.1 million in 2023, then rose by 3.08% to $433.0 million in 2024, then increased by 14.8% to $497.1 million in 2025, then fell by 1.03% to $492.0 million in 2026.
  • The last three Operating Leases figures came in at $492.0 million (Q1 2026), $497.1 million (Q4 2025), and $432.9 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Jefferies Financial 11.33 Bn -4.12 Bn 3.09 Bn
2 Evercore 10.94 Bn 8.53 Bn 975.67 Mn
3 Houlihan Lokey 9.09 Bn 7.90 Bn -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn -
5 Piper Sandler Companies 5.16 Bn 4.85 Bn -
6 Moelis 4.85 Bn 4.65 Bn -
7 PJT Partners 4.61 Bn 3.99 Bn 481.98 Mn
8 Lazard 4.25 Bn 3.15 Bn -
9 BRBI BR Partners 3.58 Bn 3.46 Bn 16.77 Mn
10 Oppenheimer Holdings 1.32 Bn -246.70 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 492.00 Mn
Dec 31, 2025 497.13 Mn
Sep 30, 2025 432.90 Mn
Jun 30, 2025 440.38 Mn
Mar 31, 2025 438.19 Mn
Dec 31, 2024 433.03 Mn
Sep 30, 2024 431.22 Mn
Jun 30, 2024 435.20 Mn
Mar 31, 2024 415.41 Mn
Dec 31, 2023 420.11 Mn
Sep 30, 2023 419.42 Mn
Jun 30, 2023 429.09 Mn
Mar 31, 2023 374.87 Mn
Dec 31, 2022 283.73 Mn
Sep 30, 2022 188.94 Mn
Jun 30, 2022 188.04 Mn
Mar 31, 2022 197.09 Mn
Dec 31, 2021 187.26 Mn
Sep 30, 2021 164.21 Mn
Jun 30, 2021 168.62 Mn