Houlihan Lokey (HLI) Shares Outstanding (Diluted) (2014 - 2026)
Houlihan Lokey's Shares Outstanding (Diluted) was 68.43 million in fiscal Q4 2026 (quarter ended Mar 31, 2026), down 0.3% from 68.66 million a year earlier and unchanged from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Shares Outstanding (Diluted) (2014 - 2026) Analysis & Trends
From fiscal Q2 2015 onward, Houlihan Lokey has reported Shares Outstanding (Diluted) for 47 quarters.
- Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -0.1% (FY2021 to FY2026).
- In earlier fiscal years, 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%).
- Quarterly Shares Outstanding (Diluted) has moved between 67.59 million (fiscal Q4 2023) and 69.8 million (fiscal Q2 2023) over five years.
- Compared with a year earlier, Shares Outstanding (Diluted) was higher in six of the last eight quarters, with growth averaging 0.4%.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was fiscal Q1 2022 (growth of 2.9%); the worst was fiscal Q2 2024 (a decline of 2.8%).
- Per Business Quant data, HLI's Shares Outstanding (Diluted) in the three fiscal quarters before Q4 2026 was 68.43 million (Q3 2026), 68.59 million (Q2 2026) and 68.89 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 361.28 Mn |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 566.00 Mn |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 912.00 Mn |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 567.75 Mn |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 450.09 Mn |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 104.90 Mn |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 80.03 Mn |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 212.80 Mn |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 268.64 Mn |
| 10 | Houlihan Lokey | 8.72 Bn | 4.75 Bn | - | 68.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 68.57 Mn |
| Jun 30, 2021 | 68.72 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();