Houlihan Lokey (HLI) Profit After Tax (2014 - 2025)
Houlihan Lokey (HLI) posted quarterly Profit After Tax of $116.5 million for Q4 2025, up 22.29% year-over-year from $95.3 million in Q4 2024, and up 4.26% on a QoQ basis from $111.8 million in Q3 2025.
Houlihan Lokey (HLI) Profit After Tax (2014 - 2025) Analysis & Trends
Houlihan Lokey has reported Profit After Tax for 12 years, with the latest figure at $116.5 million in Q4 2025.
- Profit After Tax for Q4 2025 came in at $116.5 million, up 22.29% year-over-year; the trailing twelve-month figure through Dec 2025 was $451.6 million (up 18.35% YoY), and the FY2025 annual result was $403.0 million, up 43.79% from the prior year.
- Profit After Tax rose to $116.5 million in Q4 2025, from $111.8 million in the prior quarter.
- Over five years, Profit After Tax peaked at $174.3 million in Q4 2021 and troughed at $59.7 million in Q1 2023.
- A 5-year average of $95.7 million and a median of $95.8 million in 2023 frame the typical range for Profit After Tax.
- The widest annual swing landed in 2021, when Profit After Tax jumped 108.14%; it then slumped 49.94% in 2022.
- A 5-year view of Profit After Tax shows it stood at $174.3 million in 2021, then slumped by 49.94% to $87.3 million in 2022, then rose by 10.45% to $96.4 million in 2023, then decreased by 1.12% to $95.3 million in 2024, then gained by 22.29% to $116.5 million in 2025.
- Per Business Quant data, the three most recent Profit After Tax figures were $116.5 million in Q4 2025, $111.8 million in Q3 2025, and $98.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 5.65 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 6.63 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 2.80 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 573.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 1.34 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 379.26 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 206.69 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 48.22 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 432.91 Mn |
| 10 | Houlihan Lokey | 8.58 Bn | 7.39 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 116.10 Mn |
| Sep 30, 2025 | 111.78 Mn |
| Jun 30, 2025 | 97.53 Mn |
| Mar 31, 2025 | 125.25 Mn |
| Dec 31, 2024 | 95.30 Mn |
| Sep 30, 2024 | 124.91 Mn |
| Jun 30, 2024 | 88.94 Mn |
| Mar 31, 2024 | 68.62 Mn |
| Dec 31, 2023 | 70.80 Mn |
| Sep 30, 2023 | 47.15 Mn |
| Jun 30, 2023 | 64.36 Mn |
| Mar 31, 2023 | 86.32 Mn |
| Dec 31, 2022 | 87.26 Mn |
| Sep 30, 2022 | 32.18 Mn |
| Jun 30, 2022 | 70.78 Mn |
| Mar 31, 2022 | 100.20 Mn |
| Dec 31, 2021 | 171.91 Mn |
| Sep 30, 2021 | 112.88 Mn |
| Jun 30, 2021 | 85.96 Mn |
| Mar 31, 2021 | 76.96 Mn |