Houlihan Lokey (HLI) Price to Earnings (2015 - 2025)
Houlihan Lokey's (HLI) Price to Earnings stood at 27.08 in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 15.0% from 31.86 a year earlier and down 19.7% from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Price to Earnings (2015 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), Houlihan Lokey's Price to Earnings came in at 28.22, down 10.7% from FY2024.
- Across earlier fiscal years, Price to Earnings came in at 31.60 in FY2024 (+44.9%), 21.80 in FY2023 (+67.3%), 13.03 in FY2022 (-6.8%) and 13.99 in FY2021 (-20.6%).
- The fiscal Q3 2026 figure is the lowest quarterly Price to Earnings since fiscal Q1 2024.
- On a year-over-year basis, Price to Earnings rose in six of the last eight quarters, with growth averaging 7.6%.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 116.8% in fiscal Q1 2024, against a decline of 26.0% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 33.73 (Q2 2026), 29.16 (Q1 2026) and 28.22 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 110.07 Bn | 98.17 Bn | - |
| 2 | Intercontinental Exchange | 91.87 Bn | 85.60 Bn | - |
| 3 | Robinhood Markets | 86.69 Bn | 67.72 Bn | - |
| 4 | Nasdaq | 57.28 Bn | 54.72 Bn | 1.48 Bn |
| 5 | Interactive Brokers | 36.53 Bn | 13.64 Bn | - |
| 6 | Cboe Global Markets | 35.55 Bn | 27.20 Bn | 731.60 Mn |
| 7 | Tradeweb Markets | 25.97 Bn | 17.98 Bn | - |
| 8 | LPL Financial Holdings | 25.14 Bn | 20.46 Bn | - |
| 9 | Circle Internet | 21.57 Bn | 15.45 Bn | 288.85 Mn |
| 10 | Houlihan Lokey | 8.73 Bn | 4.76 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 27.08 |
| Sep 30, 2025 | 33.73 |
| Jun 30, 2025 | 29.16 |
| Mar 31, 2025 | 28.22 |
| Dec 31, 2024 | 31.86 |
| Sep 30, 2024 | 31.11 |
| Jun 30, 2024 | 28.49 |
| Mar 31, 2024 | 31.60 |
| Dec 31, 2023 | 29.83 |
| Sep 30, 2023 | 27.53 |
| Jun 30, 2023 | 25.62 |
| Mar 31, 2023 | 21.80 |
| Dec 31, 2022 | 21.27 |
| Sep 30, 2022 | 12.91 |
| Jun 30, 2022 | 11.82 |
| Mar 31, 2022 | 13.03 |
| Dec 31, 2021 | 14.24 |
| Sep 30, 2021 | 14.40 |
| Jun 30, 2021 | 15.24 |
| Mar 31, 2021 | 13.99 |
API Access
Houlihan Lokey Price to Earnings 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=price-to-earnings&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();