Houlihan Lokey (HLI) Price to FCF (2015 - 2025)
Houlihan Lokey (HLI) posted Price to FCF of 55.93 for Q4 2025, up 25.44% on a QoQ basis from 44.59 in Q3 2025, and up 28.01% year-over-year from 43.69 in Q4 2024.
Analysis
Houlihan Lokey (HLI) Price to FCF (2015 - 2025) Analysis & Trends
Houlihan Lokey has reported Price to FCF for 11 years, with the latest figure at 55.93 in Q4 2025.
- On a quarterly basis, Price to FCF rose 28.01% year-over-year to 55.93 in Q4 2025; TTM through Dec 2025 was 16.43, a 2.56% decrease from a year earlier, with the FY2025 full-year figure at 13.94, down 58.8% from the prior year.
- Price to FCF was 55.93 for Q4 2025 at Houlihan Lokey, up from 44.59 in the prior quarter.
- The five-year high for Price to FCF was 90.53 in Q4 2023, with the low at 116.34 in Q2 2024.
- Average Price to FCF over 5 years is 20.08, with a median of 35.06 recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Price to FCF surged 482.5% in 2022, then slumped 176.76% in 2024.
- Over 5 years, Price to FCF stood at 12.29 in 2021, then soared by 482.5% to 71.57 in 2022, then climbed by 26.5% to 90.53 in 2023, then sank by 51.74% to 43.69 in 2024, then gained by 28.01% to 55.93 in 2025.
- The last three Price to FCF figures came in at 55.93 (Q4 2025), 44.59 (Q3 2025), and 82.21 (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 | 55.93 |
| Sep 30, 2025 | 44.59 |
| Jun 30, 2025 | -82.21 |
| Mar 31, 2025 | 32.80 |
| Dec 31, 2024 | 43.69 |
| Sep 30, 2024 | 37.32 |
| Jun 30, 2024 | -116.34 |
| Mar 31, 2024 | 41.57 |
| Dec 31, 2023 | 90.53 |
| Sep 30, 2023 | 61.44 |
| Jun 30, 2023 | -42.04 |
| Mar 31, 2023 | 25.30 |
| Dec 31, 2022 | 71.57 |
| Sep 30, 2022 | 66.59 |
| Jun 30, 2022 | -17.68 |
| Mar 31, 2022 | 90.06 |
| Dec 31, 2021 | 12.29 |
| Sep 30, 2021 | 28.70 |
| Jun 30, 2021 | -58.74 |
| Mar 31, 2021 | 16.23 |