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
DateValue
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