HLI vs EQX

Comparison between Houlihan Lokey Inc - Class A (HLI, Company) and Equinox Gold Corp (EQX, Company).

HLI is from the Financial Services sector, while EQX is from the Basic Materials sector.

5-Year PerformanceEQX has outperformed HLI, delivering a return of +13.5% compared to +8.9%

HLI vs EQX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HLI(COMPANY)	EQX(COMPANY)
Market Cap	$8.52B	$8.52B
Max Drawdown	41.02%	81.06%
Sharpe Ratio	-1.40	1.16
5Y Beta	0.94	0.88
Industry	Capital Markets	Gold
P/E Ratio	21.11	12.34
Forward P/E	14.90	10.50
PEG Ratio	1.53	2.57
Dividend Yield	1.96%	0.28%
5Y Dividends CAGR	12.37%	N/A
5Y EPS CAGR	18.69%	64.99%
Debt to Equity	0.00%	10.04%
Free Cash Flow Yield	5.69%	0.79%
P/S Ratio	3.55	4.99
P/B Ratio	3.89	1.15

Market Cap

Winner

HLI

$8.52B

EQX

$8.52B

Max Drawdown

Winner

HLI

41.02%

EQX

81.06%

Sharpe Ratio

HLI

-1.40

Winner

EQX

1.16

5Y Beta

HLI

0.94

Winner

EQX

0.88

Industry

HLI

Capital Markets

EQX

Gold

P/E Ratio

HLI

21.11

Winner

EQX

12.34

Forward P/E

HLI

14.90

Winner

EQX

10.50

PEG Ratio

Winner

HLI

1.53

EQX

2.57

Dividend Yield

Winner

HLI

1.96%

EQX

0.28%

5Y Dividends CAGR

HLI

12.37%

EQX

N/A

5Y EPS CAGR

HLI

18.69%

Winner

EQX

64.99%

Debt to Equity

Winner

HLI

0.00%

EQX

10.04%

Free Cash Flow Yield

Winner

HLI

5.69%

EQX

0.79%

P/S Ratio

Winner

HLI

3.55

EQX

4.99

P/B Ratio

HLI

3.89

Winner

EQX

1.15

HLI vs EQX - Historical Returns

Returns include dividend reinvestment.

Period	HLI	EQX
1 month	-8.82%	+18.75%
3 months	-16.69%	-21.91%
6 months	-27.88%	-26.72%
1 year	-34.22%	+74.66%
5 years(CAGR)	+8.86%	+13.53%
10 years(CAGR)	+19.53%	+13.27%
Max(CAGR)	+19.21%	+13.27%

HLI

-8.82%

Winner

EQX

+18.75%

Winner

HLI

-16.69%

EQX

-21.91%

HLI

-27.88%

Winner

EQX

-26.72%

HLI

-34.22%

Winner

EQX

+74.66%

5Y(CAGR)

HLI

+8.86%

Winner

EQX

+13.53%

10Y(CAGR)

Winner

HLI

+19.53%

EQX

+13.27%

Max(CAGR)

Winner

HLI

+19.21%

EQX

+13.27%

HLI vs EQX - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	HLI	EQX
2026	-29.42%	-15.22%
2025	+2.88%	+164.41%
2024	+48.07%	+6.81%
2023	+39.48%	+36.59%
2022	-14.68%	-50.75%
2021	+57.82%	-39.10%
2020	+39.03%	+31.89%
2019	+34.99%	+109.52%
2018	-17.84%	-12.75%
2017	+46.86%	N/A
2016	+26.08%	N/A
2015	+17.72%	N/A

HLI vs EQX Drawdown Comparison

The maximum drawdown for HLI was -40.30%, occurring on Aug 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for EQX was -81.06%, occurring on Nov 3, 2022. Recovery took 1326 trading sessions.

The current HLI drawdown is -40.30%. The current EQX drawdown is -38.09%.

Rank	HLI	EQX
#1	-40.30% Sep 23, 2025 - Aug 10, 2026	-81.06% Aug 18, 2020 - Nov 26, 2025
#2	-36.56% Jan 12, 2022 - Dec 4, 2023	-53.95% Feb 27, 2026 - Jul 17, 2026
#3	-33.48% Jul 23, 2018 - Jan 16, 2020	-42.99% Feb 21, 2020 - Jun 1, 2020
#4	-25.19% Nov 25, 2024 - Jul 9, 2025	-27.76% Aug 7, 2018 - Mar 8, 2019
#5	-20.34% Feb 19, 2020 - Apr 3, 2020	-25.49% Mar 25, 2019 - Jun 20, 2019
#6	-17.84% Dec 31, 2015 - Aug 15, 2016	-19.74% Jan 28, 2026 - Feb 23, 2026
#7	-16.62% May 18, 2020 - Oct 12, 2020	-19.19% Aug 26, 2019 - Dec 18, 2019
#8	-16.05% Nov 11, 2021 - Jan 12, 2022	-16.64% Jun 20, 2019 - Aug 5, 2019
#9	-15.11% Jan 24, 2018 - Jun 18, 2018	-9.18% Jan 15, 2020 - Feb 14, 2020
#10	-12.02% Jan 13, 2021 - May 13, 2021	-8.77% Aug 5, 2019 - Aug 20, 2019
#11	-9.69% Jul 26, 2017 - Sep 27, 2017	-8.05% Dec 22, 2025 - Jan 20, 2026
#12	-9.34% Feb 3, 2017 - Mar 10, 2017	-6.89% Jun 1, 2020 - Jun 8, 2020
#13	-8.92% Aug 15, 2016 - Nov 16, 2016	-6.49% Aug 6, 2020 - Aug 17, 2020
#14	-8.12% Oct 7, 2015 - Nov 24, 2015	-6.39% Dec 12, 2025 - Dec 22, 2025
#15	-8.00% Aug 14, 2015 - Oct 7, 2015	-5.42% Jul 9, 2020 - Jul 22, 2020

Correlation

Correlation between HLI and EQX is 0.29 which considered as a very weak or no correlation - the stocks move independently of each other.

0.29

-101

Dividend Comparison (2015 - 2026)

HLI vs EQX dividend yield comparison.

Year	HLI	EQX
2026	1.05%	0.26%
2025	1.36%	0.00%
2024	1.30%	0.00%
2023	1.82%	0.00%
2022	2.32%	0.00%
2021	1.56%	0.00%
2020	1.90%	0.00%
2019	2.46%	0.00%
2018	2.74%	0.00%
2017	1.76%	0.00%
2016	2.12%	0.00%
2015	0.57%	0.00%