Houlihan Lokey (HLI) Shares Outstanding (Diluted) (2014 - 2026)
Houlihan Lokey's Weighted Average Shares Outstanding (Diluted) was 67 million in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 2.3% from 68.59 million a year earlier and down 0.9% from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Shares Outstanding (Diluted) (2014 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Weighted Average Shares Outstanding (Diluted) at Houlihan Lokey came in at 68.43 million, down 0.3% from FY2025.
- Weighted Average Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -0.1% (FY2021 to FY2026).
- In earlier fiscal years, Weighted Average Shares Outstanding (Diluted) was 68.66 million in FY2025 (+0.7%), 68.16 million in FY2024 (+0.8%), 67.59 million in FY2023 (-1.0%) and 68.26 million in FY2022 (-0.6%).
- The fiscal Q2 2027 figure marks the lowest quarterly Weighted Average Shares Outstanding (Diluted) since fiscal Q1 2021.
- Compared with a year earlier, Weighted Average Shares Outstanding (Diluted) has declined for four straight quarters, with an average decline of 0.3% over the last eight quarters.
- The best year-over-year quarter for Weighted Average Shares Outstanding (Diluted) over five years was fiscal Q3 2023 (growth of 2.1%); the worst was fiscal Q2 2024 (a decline of 2.8%).
- Per Business Quant data, HLI's Weighted Average Shares Outstanding (Diluted) in the three fiscal quarters before Q2 2027 was 67.6 million (Q1 2027), 68.43 million (Q4 2026) and 68.43 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 358.64 Mn |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | 686.91 Mn |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 563.00 Mn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | 911.00 Mn |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 563.31 Mn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | 279.29 Mn |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 104.70 Mn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | 453.92 Mn |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | 183.17 Mn |
| 10 | Houlihan Lokey | 9.85 Bn | 6.13 Bn | - | 67.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 67.00 Mn |
| Jun 30, 2026 | 67.60 Mn |
| Mar 31, 2026 | 68.43 Mn |
| Dec 31, 2025 | 68.43 Mn |
| Sep 30, 2025 | 68.59 Mn |
| Jun 30, 2025 | 68.89 Mn |
| Mar 31, 2025 | 68.66 Mn |
| Dec 31, 2024 | 68.76 Mn |
| Sep 30, 2024 | 68.42 Mn |
| Jun 30, 2024 | 68.50 Mn |
| Mar 31, 2024 | 68.16 Mn |
| Dec 31, 2023 | 67.89 Mn |
| Sep 30, 2023 | 67.87 Mn |
| Jun 30, 2023 | 68.00 Mn |
| Mar 31, 2023 | 67.59 Mn |
| Dec 31, 2022 | 69.73 Mn |
| Sep 30, 2022 | 69.80 Mn |
| Jun 30, 2022 | 68.83 Mn |
| Mar 31, 2022 | 68.26 Mn |
| Dec 31, 2021 | 68.28 Mn |
API Access
Houlihan Lokey Shares Outstanding (Diluted) 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-diluted&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();