Houlihan Lokey (HLI) Profit After Tax (2014 - 2025)
Houlihan Lokey (HLI) posted Profit After Tax of $116.5 million for Q4 2025, up 4.26% on a QoQ basis from $111.8 million in Q3 2025, and up 22.29% year-over-year from $95.3 million in Q4 2024.
Analysis
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.
- On a quarterly basis, Profit After Tax rose 22.29% year-over-year to $116.5 million in Q4 2025; TTM through Dec 2025 was $451.6 million, a 18.35% increase from a year earlier, with the FY2025 full-year figure at $403.0 million, up 43.79% from the prior year.
- Profit After Tax was $116.5 million for Q4 2025 at Houlihan Lokey, up from $111.8 million in the prior quarter.
- The five-year high for Profit After Tax was $174.3 million in Q4 2021, with the low at $59.7 million in Q1 2023.
- Average Profit After Tax over 5 years is $95.7 million, with a median of $95.8 million recorded in 2023.
- The sharpest annual moves came in 2021 and 2022: Profit After Tax surged 108.14% in 2021, then slumped 49.94% in 2022.
- Over 5 years, Profit After Tax stood at $174.3 million in 2021, then plunged by 49.94% to $87.3 million in 2022, then advanced by 10.45% to $96.4 million in 2023, then dropped by 1.12% to $95.3 million in 2024, then climbed by 22.29% to $116.5 million in 2025.
- The last three Profit After Tax figures came in at $116.5 million (Q4 2025), $111.8 million (Q3 2025), and $98.0 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 106.50 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 249.98 Mn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | -8,222.00 |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 81.29 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 55.13 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 70.10 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 13.73 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 6.93 Mn |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 6.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 116.55 Mn |
| Sep 30, 2025 | 111.78 Mn |
| Jun 30, 2025 | 98.00 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 | 72.41 Mn |
| Dec 31, 2023 | 96.38 Mn |
| Sep 30, 2023 | 67.03 Mn |
| Jun 30, 2023 | 64.36 Mn |
| Mar 31, 2023 | 59.66 Mn |
| Dec 31, 2022 | 87.26 Mn |
| Sep 30, 2022 | 60.73 Mn |
| Jun 30, 2022 | 70.78 Mn |
| Mar 31, 2022 | 100.20 Mn |
| Dec 31, 2021 | 174.31 Mn |
| Sep 30, 2021 | 112.88 Mn |
| Jun 30, 2021 | 87.59 Mn |
| Mar 31, 2021 | 99.89 Mn |