Houlihan Lokey (HLI) Receivables - Net (2015 - 2026)
Houlihan Lokey (HLI) posted Receivables - Net of $228.0 million for Q1 2026, up 8.12% on a QoQ basis from $210.9 million in Q4 2025, and down 11.4% year-over-year from $257.3 million in Q1 2025.
Analysis
Houlihan Lokey (HLI) Receivables - Net (2015 - 2026) Analysis & Trends
Houlihan Lokey has reported Receivables - Net for 12 years, with the latest figure at $228.0 million in Q1 2026.
- On a quarterly basis, Receivables - Net fell 11.4% year-over-year to $228.0 million in Q1 2026; TTM through Mar 2026 was $228.0 million, a 11.4% decrease from a year earlier, with the FY2026 full-year figure at $228.0 million, down 11.4% from the prior year.
- Receivables - Net was $228.0 million for Q1 2026 at Houlihan Lokey, up from $210.9 million in the prior quarter.
- The five-year high for Receivables - Net was $257.3 million in Q1 2025, with the low at $132.0 million in Q2 2022.
- Average Receivables - Net over 5 years is $183.4 million, with a median of $182.0 million recorded in 2023.
- The largest YoY upside for Receivables - Net was 45.43% in 2022 against a maximum downside of 29.55% in 2022.
- Over 5 years, Receivables - Net stood at $138.0 million in 2022, then advanced by 10.67% to $152.8 million in 2023, then advanced by 9.12% to $166.7 million in 2024, then rose by 26.51% to $210.9 million in 2025, then grew by 8.12% to $228.0 million in 2026.
- The last three Receivables - Net figures came in at $228.0 million (Q1 2026), $210.9 million (Q4 2025), and $251.2 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 228.00 Mn |
| Dec 31, 2025 | 210.88 Mn |
| Sep 30, 2025 | 251.16 Mn |
| Jun 30, 2025 | 218.18 Mn |
| Mar 31, 2025 | 257.33 Mn |
| Dec 31, 2024 | 166.69 Mn |
| Sep 30, 2024 | 219.13 Mn |
| Jun 30, 2024 | 192.59 Mn |
| Mar 31, 2024 | 199.63 Mn |
| Dec 31, 2023 | 152.76 Mn |
| Sep 30, 2023 | 152.24 Mn |
| Jun 30, 2023 | 137.55 Mn |
| Mar 31, 2023 | 182.03 Mn |
| Dec 31, 2022 | 138.03 Mn |
| Sep 30, 2022 | 135.19 Mn |
| Jun 30, 2022 | 132.04 Mn |
| Mar 31, 2022 | 144.03 Mn |
| Dec 31, 2021 | 195.91 Mn |
| Sep 30, 2021 | 127.27 Mn |
| Jun 30, 2021 | 90.80 Mn |