Houlihan Lokey (HLI) Payables (2015 - 2026)
Houlihan Lokey (HLI) reported Payables of $136 million for fiscal Q4 2026 (quarter ended Mar 31, 2026), down 0.9% from $137.23 million a year earlier but up 26.3% from the prior quarter.
Houlihan Lokey (HLI) Payables (2015 - 2026) Analysis & Trends
Dating back to fiscal Q4 2015, Houlihan Lokey's Payables record includes 44 quarters.
- Payables has a five-year compound annual growth rate of 15.1% (FY2021 to FY2026).
- By fiscal year, Payables came in at $137.23 million in FY2025 (+20.2%), $114.17 million in FY2024 (+0.7%), $113.42 million in FY2023 (-10.1%) and $126.19 million in FY2022 (+87.0%).
- Five-year quarterly Payables spans a low of $60.27 million in fiscal Q2 2022 and a high of $137.23 million in fiscal Q4 2025.
- Year over year, Payables gained in five of the last eight quarters, with growth averaging 7.5%.
- The high point for year-over-year Payables in five years was fiscal Q3 2022 (growth of 124.2%); the low point was fiscal Q3 2024 (a decline of 16.4%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $107.66 million (Q3 2026), $108.86 million (Q2 2026) and $105.6 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 68.00 Mn |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 1.16 Bn |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 646.00 Mn |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 252.00 Mn |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 832.00 Mn |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 389.10 Mn |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 812.16 Mn |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 175.24 Mn |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 418.59 Mn |
| 10 | Houlihan Lokey | 8.72 Bn | 4.75 Bn | - | 136.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 136.00 Mn |
| Dec 31, 2025 | 107.66 Mn |
| Sep 30, 2025 | 108.86 Mn |
| Jun 30, 2025 | 105.60 Mn |
| Mar 31, 2025 | 137.23 Mn |
| Dec 31, 2024 | 123.13 Mn |
| Sep 30, 2024 | 104.66 Mn |
| Jun 30, 2024 | 110.11 Mn |
| Mar 31, 2024 | 114.17 Mn |
| Dec 31, 2023 | 100.32 Mn |
| Sep 30, 2023 | 95.13 Mn |
| Jun 30, 2023 | 91.10 Mn |
| Mar 31, 2023 | 113.42 Mn |
| Dec 31, 2022 | 119.97 Mn |
| Sep 30, 2022 | 98.18 Mn |
| Jun 30, 2022 | 98.64 Mn |
| Mar 31, 2022 | 126.19 Mn |
| Dec 31, 2021 | 123.40 Mn |
| Sep 30, 2021 | 60.27 Mn |
| Jun 30, 2021 | 70.26 Mn |
Houlihan Lokey Payables 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=payables&ticker=HLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();