Houlihan Lokey, Inc. (HLI) Gross margin 2017–2025
Houlihan Lokey, Inc. (HLI) gross margin by fiscal year — reported gross profit divided by reported revenue.
32.3%FY2025 · since FY2017: 27.7% → 32.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 32.3% | +2.5 pp |
| FY2024 | 29.8% | -1.0 pp |
| FY2023 | 30.8% | -4.2 pp |
| FY2022 | 35.0% | +0.9 pp |
| FY2021 | 34.2% | +6.4 pp |
| FY2020 | 27.8% | -0.4 pp |
| FY2019 | 28.2% | -0.6 pp |
| FY2018 | 28.8% | +1.1 pp |
| FY2017 | 27.7% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice