Diamond Hill Investment Group, Inc.

NASDAQ•DHIL

CEO: Ms. Heather Elizabeth Brilliant C.F.A.

Sector: Financial Services

Industry: Asset Management

Listing Date: 1996-06-06

Diamond Hill Investment Group, Inc., through its subsidiary, Diamond Hill Capital Management, Inc., provides investment advisory and fund administration services in the United States. It offers investment advisory and related services to clients through pooled vehicles, such as private fund; separately managed accounts; collective investment trusts; and other pooled vehicles, including sub-advised funds and model delivery programs. The company also provides fund administration services comprising portfolio and regulatory compliance, treasury and financial oversight, and general business management and governance of the funds, as well as oversight of back-office service providers, which include the custodian, fund accountant, and transfer agent. Diamond Hill Investment Group, Inc. was incorporated in 1990 and is based in Columbus, Ohio.

Contact Information

325 John H. McConnell Boulevard, Suite 200, Columbus, OH, 43215, United States

614-255-3333

www.diamond-hill.com

Market Cap

$468.41M

P/E (TTM)

9.7

Dividend Yield

4.9%

52W High

$173.70

52W Low

$114.11

52W Range

99%

Rank12Top 1.7%

6.9

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Strong • 6.9 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$38.59M+0.00%

4-Quarter Trend

EPS

$3.42+0.00%

4-Quarter Trend

FCF

$44.46B+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Rises Net income attributable to common shareholders reached $48.76M, marking a 13% increase over prior year results.

Fee Rate Declines Slightly Average advisory fee rate decreased to 0.44% in 2025 from 0.45% in 2024, reflecting asset mix shift.

Strong Fund Performance 66.7% of funds outperformed Morningstar Category Average over one year, showing strong relative results.

Liquidity Position Solid Cash and cash equivalents totaled $42.24M as of December 31, 2025, supporting operations and capital needs.

Risk Factors

Equity Strategies Net Outflows Equity strategies saw net outflows of $(5.03)B, primarily driven by $4.1B redemptions from Large Cap strategy.

Merger Uncertainty Risks Pending merger with First Eagle creates uncertainty, potentially causing client/counterparty relationship delays or terminations.

Revenue Concentration Risk 70% of 2025 revenue derived from Proprietary Funds advisory agreements, subject to non-renewal or fee reduction.

Competitive Fee Pressure Industry trend towards lower fee products and passive strategies pressures ability to maintain current advisory fee structure.

Outlook

Merger Completion Expected Merger with First Eagle is currently expected to close in the second quarter of 2026, subject to conditions.

Capacity Targets Defined Capacity estimated at $50B-$70B for fixed income and $50B-$60B for domestic equities, increasing with new products.

Focus on Client Alignment Growth centers on delivering long-term investment outcomes and attracting like-minded clients across diversified strategies.

Dividend Payments Suspended No further dividends expected until merger consummation or termination due to restrictions in the Merger Agreement.

Peer Comparison

Revenue (TTM)

DHIL

$157.86M

+7.8%

SCM

$103.67M

+25.3%

SAR

$101.77M

+3.2%

Gross Margin (Latest Quarter)

DHIL

246.7%

+13.8pp

SCM

102.1%

-19.7pp

SAR

56.3%

+8.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
DHIL	$468.41M	9.7	28.0%	2457.0%
GLAD	$434.24M	11.8	7.5%	44.0%
SAR	$379.16M	9.8	9.6%	63.9%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

1.3%

Moderate Growth

4Q Net Income CAGR

-3.6%

Stable Profitability

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 27, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data