Houlihan Lokey (HLI) Shares Outstanding (Weighted Average) (2014 - 2025)
Houlihan Lokey (HLI) recorded quarterly Shares Outstanding (Weighted Average) of $66.6 million in Q4 2025, little changed quarter-over-quarter from $66.6 million in Q3 2025, and up 1.6% on a YoY basis from $65.6 million in Q4 2024.
Houlihan Lokey (HLI) Shares Outstanding (Weighted Average) (2014 - 2025) Analysis & Trends
Houlihan Lokey's Shares Outstanding (Weighted Average) history runs 12 years deep, the most recent figure standing at $66.6 million for Q4 2025.
- In Q4 2025, Shares Outstanding (Weighted Average) rose 1.6% year-over-year to $66.6 million; the TTM figure through Dec 2025 stood at $66.6 million (up 1.6% YoY), while the FY2025 annual figure was $65.7 million, up 2.16% from the prior year.
- Shares Outstanding (Weighted Average) was $66.6 million for Q4 2025 at Houlihan Lokey, roughly flat from $66.6 million in the prior quarter.
- In the past five years, Shares Outstanding (Weighted Average) ranged from a high of $66.6 million in Q4 2025 to a low of $63.3 million in Q2 2022.
- Historically, Shares Outstanding (Weighted Average) has averaged $64.9 million across 5 years, with a median of $65.1 million in 2021.
- The sharpest annual moves came in 2021 and 2022: Shares Outstanding (Weighted Average) increased 5.84% in 2021, then decreased 3.71% in 2022.
- A 5-year view of Shares Outstanding (Weighted Average) shows it stood at $65.3 million in 2021, then retreated by 2.91% to $63.4 million in 2022, then climbed by 1.66% to $64.4 million in 2023, then increased by 1.79% to $65.6 million in 2024, then increased by 1.6% to $66.6 million in 2025.
- The last three Shares Outstanding (Weighted Average) figures came in at $66.6 million (Q4 2025), $66.6 million (Q3 2025), and $66.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Weighted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | 79,349.45 Bn |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 1.56 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 303.80 Mn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 1.75 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 899.15 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 445.45 Mn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 80.11 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 212.69 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 244.04 Mn |
| 10 | Houlihan Lokey | 9.13 Bn | 8.07 Bn | 697.95 Mn | 66.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 66.62 Mn |
| Sep 30, 2025 | 66.61 Mn |
| Jun 30, 2025 | 66.24 Mn |
| Mar 31, 2025 | 65.72 Mn |
| Dec 31, 2024 | 65.56 Mn |
| Sep 30, 2024 | 65.43 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 | 63.36 Mn |
| Sep 30, 2022 | 63.35 Mn |
| Jun 30, 2022 | 63.28 Mn |
| Mar 31, 2022 | 64.97 Mn |
| Dec 31, 2021 | 65.26 Mn |
| Sep 30, 2021 | 65.16 Mn |
| Jun 30, 2021 | 65.71 Mn |
| Mar 31, 2021 | 65.79 Mn |