Skip to content
Screener

Houlihan Lokey HLI Effective tax rates

Effective tax rates at other companies

FTI Consulting logo
FTI ConsultingFCN
Oppenheimer Holdings logo
Oppenheimer HoldingsOPY

Other financials

Income statement

See full
Revenue$635.6M-4.6%
Gross profit$230.7M+15.9%
Operating income$125.1M-11.3%
Net income$99.8M-18.1%
EPS (diluted)$1.48-16.4%

Balance sheet

See full
Cash & equivalents$1.2B+22.5%
Total debt$492.1M+12.3%
Total assets$4.3B+12.8%

Cash flow

See full
Operating cash flow$293.0M-18.2%
CapEx$6.3M-56.8%
Free cash flow$286.8M-16.6%

Valuation

See full
Market cap$8.62B-35.6%
Enterprise value$7.93B-39.2%
P/E20.3×-12.5×
P/S3.3×-2.1×

Profitability

See full
Gross margin32.8%+1.4pp
Operating margin20.1%-0.9pp
Net margin16.3%-0.5pp
FCF margin26%-7.8pp

Returns & leverage

See full
Return on equity9.5%

Where this comes from

Reported directly by Houlihan Lokey in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: Houlihan Lokey’s 10-Q, filed February 3, 2026.

Filed
Feb 3, 2026, 4:38 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q4 2025
Accession
0001302215-26-000007

The Company’s provision for income taxes was $53,100 and $49,816 for the three months ended December 31, 2025 and 2024, respectively. These represent effective tax rates of 31.3% and 34.3% for the three months ended December 31, 2025 and 2024, respectively. The decrease in the Company’s effective tax rate was primarily a result of decreased state taxes and decreased non-deductible expenses.

Item 1. Financial Statements

FAQ

What is Houlihan Lokey's effective tax rates?
Houlihan Lokey (HLI) reported effective tax rates of $0.31 in Q4 2025.
How has Houlihan Lokey's effective tax rates changed year-over-year?
Houlihan Lokey's effective tax rates decreased by 8.7% year-over-year, from $0.34 to $0.31.
What is the long-term trend for Houlihan Lokey's effective tax rates?
Over 2 years (2022 to 2024), Houlihan Lokey's effective tax rates has grown at a 1.3% compound annual growth rate (CAGR), from $0.78 to $0.8.

Ask your AI about Houlihan Lokey's effective tax rates.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude