Houlihan Lokey price to sales ratio HLI

Market value divided by revenue over the last twelve months, since 2019.

Today, Oct 23, 2026: 3.6×
7-year median: 3.7×
Against its 7-year history: 46th; percentile: 0 is its lowest day, 100 its highest
7-year range: 2.2× to 6.2×
Peer median: 4.0×

Houlihan Lokey's price to sales ratio is 3.6× as of Oct 23, 2026.

That is below its 7-year median of 3.7×, close to the middle of its last 7 years.

Over that time it ranged from 2.2× in Sep 2022 to 6.2× in Nov 2024.

The median for 10 asset managers of a similar size is 4.0×.

Price to sales ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	3.6×	3.3×	5.2×
2025	4.9×	4.6×	6.1×
2024	5.7×	4.4×	6.2×
2023	4.6×	2.7×	4.7×
2022	2.6×	2.2×	4.0×
2021	3.6×	3.3×	4.7×
2020	4.2×	2.6×	4.3×
2019	2.9×	2.5×	2.9×

Against its peers

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

Company	Price to sales ratio
HLIHoulihan Lokey	3.6×
EVREvercore	2.0×
AMGAffiliated Managers	4.4×
IDCCInterDigital	10.7×
MORNMorningstar	3.3×
VCTRVictory Capital	4.2×
CGCarlyle	3.8×
DLBDolby Laboratories	4.3×
OWLBlue OWL Capital	4.9×
BENFranklin Resources	1.7×
TPGTPG	3.4×
Peer median	4.0×

Where Houlihan Lokey ranks

#29of 47Asset managers with the lowest price to sales ratio

What the price to sales ratio tells you

Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.

Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.

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.