Houlihan Lokey (HLI) Shares Outstanding (2014 - 2026)
Houlihan Lokey (HLI) reported Shares Outstanding of 66.63 million for fiscal Q4 2026 (quarter ended Mar 31, 2026), up 1.4% from 65.72 million a year earlier and unchanged from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Shares Outstanding (2014 - 2026) Analysis & Trends
Dating back to fiscal Q2 2015, Houlihan Lokey's Shares Outstanding record includes 47 quarters.
- Shares Outstanding has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 0.3% (FY2021 to FY2026).
- By fiscal year, Shares Outstanding came in at 65.72 million in FY2025 (+2.2%), 64.34 million in FY2024 (+1.5%), 63.36 million in FY2023 (-2.5%) and 64.97 million in FY2022 (-1.2%).
- Five-year quarterly Shares Outstanding spans a low of 63.28 million in fiscal Q1 2023 and a high of 66.96 million in fiscal Q2 2026.
- Year over year, Shares Outstanding has now increased in each of the last 12 quarters, with growth averaging 1.8% over the last eight quarters.
- The high point for year-over-year Shares Outstanding in five years was fiscal Q1 2022 (growth of 3.2%); the low point was fiscal Q1 2023 (a decline of 3.7%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 66.63 million (Q3 2026), 66.96 million (Q2 2026) and 66.24 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.61 Bn | 94.70 Bn | - | 360.68 Mn |
| 2 | Robinhood Markets | 91.70 Bn | 72.73 Bn | - | 899.00 Mn |
| 3 | Intercontinental Exchange | 88.95 Bn | 82.69 Bn | - | 564.00 Mn |
| 4 | Nasdaq | 54.22 Bn | 51.65 Bn | 1.50 Bn | 564.16 Mn |
| 5 | Interactive Brokers | 38.25 Bn | 15.37 Bn | - | 447.90 Mn |
| 6 | Cboe Global Markets | 33.42 Bn | 25.08 Bn | 731.60 Mn | 104.70 Mn |
| 7 | LPL Financial Holdings | 25.64 Bn | 20.96 Bn | - | 79.79 Mn |
| 8 | Tradeweb Markets | 25.45 Bn | 17.47 Bn | - | 212.46 Mn |
| 9 | Circle Internet | 22.26 Bn | 16.14 Bn | 288.85 Mn | 248.18 Mn |
| 10 | Houlihan Lokey | 8.59 Bn | 4.63 Bn | - | 66.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 66.63 Mn |
| Dec 31, 2025 | 66.63 Mn |
| Sep 30, 2025 | 66.96 Mn |
| Jun 30, 2025 | 66.24 Mn |
| Mar 31, 2025 | 65.72 Mn |
| Dec 31, 2024 | 65.83 Mn |
| Sep 30, 2024 | 65.82 Mn |
| Jun 30, 2024 | 65.03 Mn |
| Mar 31, 2024 | 64.34 Mn |
| Dec 31, 2023 | 64.41 Mn |
| Sep 30, 2023 | 64.55 Mn |
| Jun 30, 2023 | 63.81 Mn |
| Mar 31, 2023 | 63.36 Mn |
| Dec 31, 2022 | 63.38 Mn |
| Sep 30, 2022 | 63.42 Mn |
| Jun 30, 2022 | 63.28 Mn |
| Mar 31, 2022 | 64.97 Mn |
| Dec 31, 2021 | 64.91 Mn |
| Sep 30, 2021 | 65.16 Mn |
| Jun 30, 2021 | 65.71 Mn |
API Access
Houlihan Lokey Shares Outstanding 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=shares-outstanding&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();