Houlihan Lokey (HLI) Shares Outstanding (Diluted Average) (2014 - 2025)

Houlihan Lokey's Shares Outstanding (Diluted Average) history runs 12 years deep, the most recent figure standing at $68.7 million for Q4 2025.

• In Q4 2025, Shares Outstanding (Diluted Average) changed 0.19% year-over-year to $68.7 million; the TTM figure through Dec 2025 stood at $68.7 million (changed 0.19% YoY), while the FY2025 annual figure was $68.7 million, up 0.73% from the prior year.
• Shares Outstanding (Diluted Average) was $68.7 million for Q4 2025 at Houlihan Lokey, roughly flat from $68.8 million in the prior quarter.
• In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $69.5 million in Q4 2022 to a low of $67.6 million in Q1 2023.
• Historically, Shares Outstanding (Diluted Average) has averaged $68.5 million across 5 years, with a median of $68.6 million in 2021.
• The sharpest annual moves came in 2021 and 2023: Shares Outstanding (Diluted Average) gained 4.48% in 2021, then slipped 2.26% in 2023.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $68.3 million in 2021, then grew by 1.72% to $69.5 million in 2022, then declined by 2.26% to $67.9 million in 2023, then climbed by 0.99% to $68.6 million in 2024, then advanced by 0.19% to $68.7 million in 2025.
• The last three Shares Outstanding (Diluted Average) figures came in at $68.7 million (Q4 2025), $68.8 million (Q3 2025), and $68.9 million (Q2 2025), per Business Quant data.