Houlihan Lokey (HLI) Total Liabilities (2014 - 2025)

Houlihan Lokey's Total Liabilities history runs 12 years deep, the most recent figure standing at $1.6 billion for Q4 2025.

• In Q4 2025, Total Liabilities rose 17.76% year-over-year to $1.6 billion; the TTM figure through Dec 2025 stood at $1.6 billion (up 17.76% YoY), while the FY2025 annual figure was $1.6 billion, up 23.3% from the prior year.
• Total Liabilities was $1.6 billion for Q4 2025 at Houlihan Lokey, up from $1.5 billion in the prior quarter.
• In the past five years, Total Liabilities ranged from a high of $1.6 billion in Q1 2025 to a low of $764.5 million in Q2 2021.
• Historically, Total Liabilities has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2023.
• The sharpest annual moves came in 2021 and 2022: Total Liabilities surged 98.08% in 2021, then dropped 25.41% in 2022.
• A 5-year view of Total Liabilities shows it stood at $1.5 billion in 2021, then decreased by 25.41% to $1.1 billion in 2022, then climbed by 5.18% to $1.2 billion in 2023, then advanced by 17.28% to $1.4 billion in 2024, then rose by 17.76% to $1.6 billion in 2025.
• The last three Total Liabilities figures came in at $1.6 billion (Q4 2025), $1.5 billion (Q3 2025), and $1.3 billion (Q2 2025), per Business Quant data.