Houlihan Lokey (HLI) Return on Equity [ROE] (2015 - 2025)
Houlihan Lokey's Return on Equity [ROE] came in at 19.74% for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 1.97 percentage points from 17.78% a year earlier and up 0.44 percentage points from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Return on Equity [ROE] (2015 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), Houlihan Lokey's Return on Equity [ROE] was 19.93%, up 3.68 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +0.33 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Return on Equity [ROE] was 16.25% in FY2024 (-0.38 pp), 16.63% in FY2023 (-14.37 pp), 31.01% in FY2022 (+4.59 pp) and 26.42% in FY2021 (+6.82 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Return on Equity [ROE] since fiscal Q2 2023.
- Year-over-year, Return on Equity [ROE] has increased for seven consecutive quarters, with an average year-over-year change of +1.85 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in fiscal Q2 2022 (a gain of 13.04 percentage points), and the weakest in fiscal Q3 2023 (a drop of 14.46 percentage points).
- Business Quant data shows HLI's Return on Equity [ROE] at 19.30% (Q2 2026), 18.78% (Q1 2026) and 18.79% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.29 Bn | 98.39 Bn | - | 16.14% |
| 2 | Intercontinental Exchange | 91.73 Bn | 85.47 Bn | - | 13.86% |
| 3 | Robinhood Markets | 85.57 Bn | 66.60 Bn | - | 21.63% |
| 4 | Nasdaq | 57.08 Bn | 54.52 Bn | 1.48 Bn | 17.36% |
| 5 | Interactive Brokers | 36.00 Bn | 13.12 Bn | - | 22.51% |
| 6 | Cboe Global Markets | 35.61 Bn | 27.26 Bn | 731.60 Mn | 24.60% |
| 7 | Tradeweb Markets | 26.02 Bn | 18.03 Bn | - | 13.89% |
| 8 | LPL Financial Holdings | 25.19 Bn | 20.51 Bn | - | 17.60% |
| 9 | Circle Internet | 21.29 Bn | 15.17 Bn | 288.85 Mn | 13.01% |
| 10 | Houlihan Lokey | 8.74 Bn | 4.77 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 19.74% |
| Sep 30, 2025 | 19.30% |
| Jun 30, 2025 | 18.78% |
| Mar 31, 2025 | 18.79% |
| Dec 31, 2024 | 17.78% |
| Sep 30, 2024 | 17.66% |
| Jun 30, 2024 | 16.79% |
| Mar 31, 2024 | 15.55% |
| Dec 31, 2023 | 15.16% |
| Sep 30, 2023 | 15.40% |
| Jun 30, 2023 | 15.17% |
| Mar 31, 2023 | 16.12% |
| Dec 31, 2022 | 17.39% |
| Sep 30, 2022 | 25.91% |
| Jun 30, 2022 | 29.58% |
| Mar 31, 2022 | 29.49% |
| Dec 31, 2021 | 31.85% |
| Sep 30, 2021 | 29.53% |
| Jun 30, 2021 | 25.48% |
| Mar 31, 2021 | 22.85% |
API Access
Houlihan Lokey Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();