Growth Metrics

Houlihan Lokey (HLI) Tax Rate (2016 - 2025)

Houlihan Lokey has reported Tax Rate over the past 12 years, most recently at 31.3% for Q4 2025.

  • For Q4 2025, Tax Rate fell 303.0% year-over-year to 31.3%; the TTM value through Dec 2025 reached 22.53%, down 557.0%, while the annual FY2025 figure was 24.77%, 345.0% down from the prior year.
  • Tax Rate for Q4 2025 was 31.3% at Houlihan Lokey, up from 30.16% in the prior quarter.
  • Over five years, Tax Rate peaked at 34.33% in Q4 2024 and troughed at 0.53% in Q2 2025.
  • A 5-year average of 24.38% and a median of 28.03% in 2022 define the central range for Tax Rate.
  • Biggest five-year swings in Tax Rate: surged 4776bps in 2021 and later plummeted -1360bps in 2022.
  • Year by year, Tax Rate stood at 30.0% in 2021, then dropped by -18bps to 24.59% in 2022, then rose by 26bps to 30.97% in 2023, then grew by 11bps to 34.33% in 2024, then dropped by -9bps to 31.3% in 2025.
  • Business Quant data shows Tax Rate for HLI at 31.3% in Q4 2025, 30.16% in Q3 2025, and 0.53% in Q2 2025.