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Accumulated Depreciation & AmortizationCost of RevenueDepreciation & Amortization (IS)Depreciation ExpenseEBIATLeasesMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Receivables - NetReceivables - OtherReceivables RefundsRent ExpenseShares Repurchased
Ratios

Houlihan Lokey (HLI) Rent Expense (2016 - 2025)

Houlihan Lokey (HLI) has 12 years of Rent Expense data on record, last reported at $19.5 million in Q4 2025.

  • For Q4 2025, Rent Expense fell 12.29% year-over-year to $19.5 million; the TTM value through Dec 2025 reached $76.7 million, down 0.92%, while the annual FY2025 figure was $77.9 million, 2.37% up from the prior year.
  • Rent Expense reached $19.5 million in Q4 2025 per HLI's latest filing, up from $17.8 million in the prior quarter.
  • Across five years, Rent Expense topped out at $22.3 million in Q4 2024 and bottomed at $9.0 million in Q3 2021.
  • Average Rent Expense over 5 years is $16.1 million, with a median of $17.6 million recorded in 2023.
  • Peak YoY movement for Rent Expense: soared 53.1% in 2022, then fell 20.19% in 2024.
  • A 5-year view of Rent Expense shows it stood at $14.4 million in 2021, then decreased by 10.45% to $12.9 million in 2022, then skyrocketed by 47.85% to $19.0 million in 2023, then increased by 17.14% to $22.3 million in 2024, then fell by 12.29% to $19.5 million in 2025.
  • Per Business Quant database, its latest 3 readings for Rent Expense were $19.5 million in Q4 2025, $17.8 million in Q3 2025, and $18.2 million in Q2 2025.