Growth Metrics

Houlihan Lokey (HLI) Operating Margin: 2014-2025

Historic Operating Margin for Houlihan Lokey (HLI) over the last 11 years, with Sep 2025 value amounting to 22.95%.

  • Houlihan Lokey's Operating Margin rose 22.00% to 22.95% in Q3 2025 from the same period last year, while for Sep 2025 it was 20.13%, marking a year-over-year increase of 10.00%. This contributed to the annual value of 20.99% for FY2025, which is 204.00% up from last year.
  • As of Q3 2025, Houlihan Lokey's Operating Margin stood at 22.95%, which was up 54.70% from 14.83% recorded in Q2 2025.
  • Houlihan Lokey's Operating Margin's 5-year high stood at 29.28% during Q3 2021, with a 5-year trough of 14.83% in Q2 2025.
  • In the last 3 years, Houlihan Lokey's Operating Margin had a median value of 19.73% in 2024 and averaged 19.75%.
  • As far as peak fluctuations go, Houlihan Lokey's Operating Margin surged by 872bps in 2021, and later tumbled by 1,102bps in 2022.
  • Over the past 5 years, Houlihan Lokey's Operating Margin (Quarterly) stood at 28.04% in 2021, then crashed by 961bps to 18.44% in 2022, then soared by 45bps to 18.89% in 2023, then soared by 257bps to 21.45% in 2024, then increased by 22bps to 22.95% in 2025.
  • Its Operating Margin stands at 22.95% for Q3 2025, versus 14.83% for Q2 2025 and 20.89% for Q1 2025.