Houlihan Lokey (HLI) Price to Earnings (2015 - 2025)
Houlihan Lokey (HLI) posted Price to Earnings of 104.15 for Q4 2025, down 19.16% on a QoQ basis from 128.83 in Q3 2025, and down 13.18% year-over-year from 119.96 in Q4 2024.
Analysis
Houlihan Lokey (HLI) Price to Earnings (2015 - 2025) Analysis & Trends
Houlihan Lokey has reported Price to Earnings for 11 years, with the latest figure at 104.15 in Q4 2025.
- On a quarterly basis, Price to Earnings fell 13.18% year-over-year to 104.15 in Q4 2025; TTM through Dec 2025 was 27.08, a 14.99% decrease from a year earlier, with the FY2025 full-year figure at 28.22, down 10.7% from the prior year.
- Price to Earnings was 104.15 for Q4 2025 at Houlihan Lokey, down from 128.83 in the prior quarter.
- The five-year high for Price to Earnings was 128.83 in Q3 2025, with the low at 38.55 in Q4 2021.
- Average Price to Earnings over 5 years is 90.81, with a median of 95.76 recorded in 2024.
- The sharpest annual moves came in 2021 and 2022: Price to Earnings sank 34.23% in 2021, then surged 127.27% in 2022.
- Over 5 years, Price to Earnings stood at 38.55 in 2021, then soared by 127.27% to 87.62 in 2022, then advanced by 24.5% to 109.09 in 2023, then advanced by 9.97% to 119.96 in 2024, then fell by 13.18% to 104.15 in 2025.
- The last three Price to Earnings figures came in at 104.15 (Q4 2025), 128.83 (Q3 2025), and 121.64 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Evercore | 11.52 Bn | 9.43 Bn | 975.67 Mn |
| 2 | Jefferies Financial | 11.24 Bn | -4.17 Bn | 3.09 Bn |
| 3 | Houlihan Lokey | 9.53 Bn | 8.45 Bn | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - |
| 5 | PJT Partners | 6.94 Bn | 6.99 Bn | 481.98 Mn |
| 6 | Moelis | 6.06 Bn | 5.99 Bn | - |
| 7 | Piper Sandler Companies | 5.20 Bn | 5.09 Bn | - |
| 8 | Lazard | 4.97 Bn | 3.99 Bn | - |
| 9 | BRBI BR Partners | 3.49 Bn | 3.38 Bn | 16.77 Mn |
| 10 | Perella Weinberg Partners | 1.81 Bn | 2.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 104.15 |
| Sep 30, 2025 | 128.83 |
| Jun 30, 2025 | 121.64 |
| Mar 31, 2025 | 92.52 |
| Dec 31, 2024 | 119.96 |
| Sep 30, 2024 | 111.19 |
| Jun 30, 2024 | 98.61 |
| Mar 31, 2024 | 109.25 |
| Dec 31, 2023 | 109.09 |
| Sep 30, 2023 | 103.16 |
| Jun 30, 2023 | 102.18 |
| Mar 31, 2023 | 92.91 |
| Dec 31, 2022 | 87.62 |
| Sep 30, 2022 | 78.72 |
| Jun 30, 2022 | 70.56 |
| Mar 31, 2022 | 87.53 |
| Dec 31, 2021 | 38.55 |
| Sep 30, 2021 | 53.16 |
| Jun 30, 2021 | 62.53 |
| Mar 31, 2021 | 44.03 |