Houlihan Lokey EV/EBIT HLI

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2016.

Today, Oct 23, 2026: 17.2×
10-year median: 14.1×
Against its 10-year history: 68th; percentile: 0 is its lowest day, 100 its highest
10-year range: 7.0× to 29.2×
Peer median: 19.0×

Houlihan Lokey's EV/EBIT is 17.2× as of Oct 23, 2026.

That is above its ten-year median of 14.1×, higher than on 68% of days in the last ten years.

Over that time it ranged from 7.0× in Apr 2022 to 29.2× in Oct 2024.

The median for 10 asset managers of a similar size is 19.0×.

EV/EBIT over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	17.2×	14.8×	24.4×
2025	22.9×	20.7×	28.7×
2024	26.6×	20.4×	29.2×
2023	21.4×	11.4×	21.8×
2022	11.0×	7.0×	12.7×
2021	11.0×	10.5×	18.5×
2020	17.4×	12.6×	18.2×
2019	14.0×	10.8×	14.0×
2018	10.4×	9.8×	15.4×
2017	12.6×	10.9×	13.6×
2016	12.9×	11.2×	12.9×

Against its peers

Companies in Asset Management nearest Houlihan Lokey's size, closest first, today.

Company	EV/EBIT
HLIHoulihan Lokey	17.2×
EVREvercore	8.5×
AMGAffiliated Managers	12.9×
IDCCInterDigital	22.4×
MORNMorningstar	16.0×
VCTRVictory Capital	11.3×
CGCarlyle	117×
DLBDolby Laboratories	22.1×
OWLBlue OWL Capital	42.8×
BENFranklin Resources	14.1×
TPGTPG	22.4×
Peer median	19.0×

Where Houlihan Lokey ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Houlihan Lokey

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.