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
DateValue
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