Houlihan Lokey (HLI) Return on Invested Capital (2015 - 2025)

Houlihan Lokey's Return on Invested Capital history runs 11 years deep, the most recent figure standing at 0.0% for Q4 2025.

• In Q4 2025, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the TTM figure through Dec 2025 stood at 0.0% (changed 0.0% YoY), while the FY2025 annual figure was 0.0%, changed 0.0% from the prior year.
• Return on Invested Capital was 0.0% for Q4 2025 at Houlihan Lokey, up from 0.0% in the prior quarter.
• In the past five years, Return on Invested Capital ranged from a high of 254.17% in Q1 2022 to a low of 0.09% in Q1 2023.
• Historically, Return on Invested Capital has averaged 30.56% across 5 years, with a median of 0.0% in 2024.
• The sharpest annual moves came in 2022 and 2023: Return on Invested Capital jumped 25416 bps in 2022, then tumbled 25426 bps in 2023.
• A 5-year view of Return on Invested Capital shows it stood at 0.01% in 2021, then dropped by 16 bps to 0.01% in 2022, then surged by 1347400 bps to 74.61% in 2023, then slumped by 100 bps to 0.0% in 2024, then increased by 12 bps to 0.0% in 2025.
• The last three Return on Invested Capital figures came in at 0.0% (Q4 2025), 0.0% (Q3 2025), and 0.0% (Q2 2025), per Business Quant data.