Diamond Hill Investment Group, Inc.

NasdaqGS:DHIL Stock Report

Market Cap: US$473.2m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Diamond Hill Investment Group Past Earnings Performance

Past criteria checks 3/6

Diamond Hill Investment Group's earnings have been declining at an average annual rate of -5.8%, while the Capital Markets industry saw earnings growing at 3.9% annually. Revenues have been declining at an average rate of 1.5% per year. Diamond Hill Investment Group's return on equity is 28%, and it has net margins of 33.1%.

Key information

-5.84%

Earnings growth rate

-1.78%

EPS growth rate

Capital Markets Industry Growth10.26%
Revenue growth rate-1.52%
Return on equity27.98%
Net Margin33.15%
Next Earnings Update28 Apr 2026

Recent past performance updates

Recent updates

Seeking Alpha Dec 12

Diamond Hill Investment Group's Bittersweet Ending

Summary Diamond Hill Investment Group agreed to be acquired by First Eagle Investments at $175/share, a 49% premium to the prior close. Despite AUM and profitability growth, DHIL has faced persistent net outflows and underperformed the market, making the buyout bittersweet. The current valuation is decent but not compelling versus peers; the deal leaves limited upside, with a spread to buyout price of only 2.7%. A 35-day go-shop period offers a chance for a higher bid, justifying a 'hold' rating pending potential competing offers. Read the full article on Seeking Alpha
Analysis Article Aug 02

Diamond Hill Investment Group's (NASDAQ:DHIL) Dividend Will Be $1.50

The board of Diamond Hill Investment Group, Inc. ( NASDAQ:DHIL ) has announced that it will pay a dividend on the 12th...
Analysis Article Mar 02

Diamond Hill Investment Group (NASDAQ:DHIL) Is Due To Pay A Dividend Of $1.50

The board of Diamond Hill Investment Group, Inc. ( NASDAQ:DHIL ) has announced that it will pay a dividend on the 21st...
Seeking Alpha Jan 11

Diamond Hill Remains A Gift For Net Buyers Of Stocks

Summary Diamond Hill Investment Group remains an attractive investment due to its capital-light model, profitability, owner mentality, safe dividends, and low valuation. Despite a recent TSR decline, Diamond Hill's profitability has rebounded, with NOPAT more than doubling since 2022, indicating potential for future stock price surges. The firm's strong free cash flow supports a high-quality dividend yield of 3.95%, combined with a buyback yield, resulting in a 10.33% shareholder yield. Trading at a 40% discount to its economic book value, Diamond Hill offers significant value, making it a compelling buy for investors. Read the full article on Seeking Alpha
Seeking Alpha Sep 26

Diamond Hill: I Wouldn't Be Surprised If We See Outflows Soon

Summary Diamond Hill Investment Group, Inc.'s Q2 revenue grew 9% y/y to $36.6m, driven by AUM growth and market appreciation, but EPS declined due to investment losses. Despite a strong financial position with no debt, the company's stock underperformed, returning 4% compared to SPY's 21% since my last coverage. Concerns about frothy market valuations and potential economic downturns persist, leading to a hold rating and caution on future net outflows. Given the uncertainty and better returns from SPY, I maintain my hold rating, seeing no current appeal in investing in DHIL shares. Read the full article on Seeking Alpha
Analysis Article Aug 18

Diamond Hill Investment Group (NASDAQ:DHIL) Will Pay A Dividend Of $1.50

The board of Diamond Hill Investment Group, Inc. ( NASDAQ:DHIL ) has announced that it will pay a dividend of $1.50 per...

Revenue & Expenses Breakdown

How Diamond Hill Investment Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:DHIL Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2514749250
30 Sep 2515047250
30 Jun 2515148250
31 Mar 2515241240
31 Dec 2415143240
30 Sep 2414649240
30 Jun 2414241230
31 Mar 2413943220
31 Dec 2313742220
30 Sep 2313843210
30 Jun 2314149210
31 Mar 2314644210
31 Dec 2215440210
30 Sep 2216344210
30 Jun 2217957210
31 Mar 2218570220
31 Dec 2118274220
30 Sep 2117471210
30 Jun 2115056200
31 Mar 2113351180
31 Dec 2012639180
30 Sep 2012738180
30 Jun 2013139180
31 Mar 2013640190
31 Dec 1913755190
30 Sep 1913546190
30 Jun 1913850180
31 Mar 1914051170
31 Dec 1814647170
30 Sep 1814954180
30 Jun 1814852180
31 Mar 1814850190
31 Dec 1714550190
30 Sep 1714752190
30 Jun 1714452190
31 Mar 1714150180
31 Dec 1613646170
30 Sep 1612844160
30 Jun 1612737150
31 Mar 1612637150
31 Dec 1512437140
30 Sep 1512138130
30 Jun 1511738120

Quality Earnings: DHIL has a high level of non-cash earnings.

Growing Profit Margin: DHIL's current net profit margins (33.1%) are higher than last year (28.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DHIL's earnings have declined by 5.8% per year over the past 5 years.

Accelerating Growth: DHIL's earnings growth over the past year (12.9%) exceeds its 5-year average (-5.8% per year).

Earnings vs Industry: DHIL earnings growth over the past year (12.9%) did not outperform the Capital Markets industry 18.3%.


Return on Equity

High ROE: DHIL's Return on Equity (28%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/21 09:07
End of Day Share Price 2026/04/21 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Diamond Hill Investment Group, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.