Houlihan Lokey (HLI) Total Liabilities (2014 - 2025)
Houlihan Lokey (HLI) posted quarterly Total Liabilities of $1.6 billion for Q4 2025, up 17.76% year-over-year from $1.4 billion in Q4 2024, and up 6.24% on a QoQ basis from $1.5 billion in Q3 2025.
Houlihan Lokey (HLI) Total Liabilities (2014 - 2025) Analysis & Trends
Houlihan Lokey (HLI) has reported Total Liabilities for 12 consecutive years, with $1.6 billion the latest figure, recorded in 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 came in at $1.6 billion for Q4 2025 at Houlihan Lokey, up from $1.5 billion in the prior quarter.
- The five-year high for Total Liabilities was $1.6 billion in Q1 2025, with the low at $764.5 million in Q2 2021.
- Average Total Liabilities over 5 years is $1.2 billion, with a median of $1.2 billion recorded in 2023.
- Across the five-year window, Total Liabilities surged 98.08% in 2021 and retreated 25.41% in 2022, its largest moves.
- Year by year, Total Liabilities stood at $1.5 billion in 2021, then declined by 25.41% to $1.1 billion in 2022, then rose by 5.18% to $1.2 billion in 2023, then increased by 17.28% to $1.4 billion in 2024, then climbed by 17.76% to $1.6 billion in 2025.
- According to Business Quant data, Total Liabilities over the past three periods registered $1.6 billion, $1.5 billion, and $1.3 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1,466.03 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 1,937.40 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 444.09 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 24.19 Bn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 35.79 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 13.15 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 986.11 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 77.11 Bn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 4.60 Bn |
| 10 | Houlihan Lokey | 9.19 Bn | 8.14 Bn | 697.95 Mn | 1.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.64 Bn |
| Sep 30, 2025 | 1.55 Bn |
| Jun 30, 2025 | 1.34 Bn |
| Mar 31, 2025 | 1.64 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Sep 30, 2024 | 1.26 Bn |
| Jun 30, 2024 | 1.11 Bn |
| Mar 31, 2024 | 1.33 Bn |
| Dec 31, 2023 | 1.19 Bn |
| Sep 30, 2023 | 1.14 Bn |
| Jun 30, 2023 | 1.09 Bn |
| Mar 31, 2023 | 1.36 Bn |
| Dec 31, 2022 | 1.13 Bn |
| Sep 30, 2022 | 1.06 Bn |
| Jun 30, 2022 | 1.02 Bn |
| Mar 31, 2022 | 1.44 Bn |
| Dec 31, 2021 | 1.52 Bn |
| Sep 30, 2021 | 919.09 Mn |
| Jun 30, 2021 | 764.48 Mn |
| Mar 31, 2021 | 1.04 Bn |