Houlihan Lokey HLI
NYSE HLI
$130.49 -2.20 (-1.66%)
At close: Sep 18, 2026 · 4:00 PM EDT

Houlihan Lokey (HLI) Restructuring Costs (2023 - 2025)

Houlihan Lokey (HLI) posted Restructuring Costs of $17.6 million for Q4 2025, little changed on a QoQ basis from $17.6 million in Q3 2025, and up 37.29% year-over-year from $12.8 million in Q4 2024.

Analysis

Houlihan Lokey (HLI) Restructuring Costs (2023 - 2025) Analysis & Trends

Houlihan Lokey has reported Restructuring Costs for 3 years, with the latest figure at $17.6 million in Q4 2025.

  • On a quarterly basis, Restructuring Costs rose 37.29% year-over-year to $17.6 million in Q4 2025; TTM through Dec 2025 was $76.9 million, a 76.66% increase from a year earlier, with the FY2025 full-year figure at $54.8 million, up 51.18% from the prior year.
  • Restructuring Costs was $17.6 million for Q4 2025 at Houlihan Lokey, roughly flat from $17.6 million in the prior quarter.
  • The five-year high for Restructuring Costs was $21.0 million in Q2 2025, with the low at $7.0 million in Q3 2024.
  • Average Restructuring Costs over 3 years is $13.9 million, with a median of $13.5 million recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: Restructuring Costs slipped 24.66% in 2024, then surged 150.64% in 2025.
  • Over 3 years, Restructuring Costs stood at $9.7 million in 2023, then surged by 32.02% to $12.8 million in 2024, then jumped by 37.29% to $17.6 million in 2025.
  • The last three Restructuring Costs figures came in at $17.6 million (Q4 2025), $17.6 million (Q3 2025), and $21.0 million (Q2 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

Historic Data

Download Data
DateValue
Dec 31, 2025 17.57 Mn
Sep 30, 2025 17.64 Mn
Jun 30, 2025 21.00 Mn
Mar 31, 2025 20.69 Mn
Dec 31, 2024 12.80 Mn
Sep 30, 2024 7.04 Mn
Jun 30, 2024 14.25 Mn
Mar 31, 2024 9.45 Mn
Dec 31, 2023 9.69 Mn
Sep 30, 2023 9.34 Mn