DHIL · As filed with the SEC
Diamond Hill Investment Group income statement, by fiscal year
The statement as Diamond Hill Investment Group presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Income · USD
| USD | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 |
|---|---|---|---|---|---|---|
| REVENUES: | ||||||
| Total revenue | 147,097,859 | 151,095,131 | 136,716,371 | 154,496,019 | 182,193,837 | 126,387,718 |
| Investment advisory | 139,869,012 | 143,341,943 | 129,179,500 | 144,325,517 | 170,137,609 | 119,125,230 |
| Fund administration, net | 7,228,847 | 7,753,188 | 7,536,871 | 10,170,502 | 12,056,228 | 7,262,488 |
| OPERATING EXPENSES: | ||||||
| Compensation and related costs, excluding deferred compensation expense | 72,467,328 | 74,588,900 | 70,730,640 | 70,505,216 | 73,591,327 | 58,291,670 |
| Deferred compensation expense | 6,095,295 | 4,775,627 | 5,599,880 | (4,402,265) | 7,082,153 | 2,218,898 |
| General and administrative | 19,669,870 | 16,784,783 | 14,935,033 | 13,606,922 | 14,020,836 | 11,002,572 |
| Sales and marketing | 8,201,866 | 7,510,182 | 6,684,410 | 7,159,686 | 7,659,423 | 5,999,846 |
| Fund administration | 3,927,403 | 3,543,848 | 3,262,421 | 3,294,983 | 3,581,960 | 3,336,575 |
| Total operating expenses | 110,361,762 | 107,203,340 | 101,212,384 | 90,164,542 | 105,935,699 | 80,849,561 |
| NET OPERATING INCOME | 36,736,097 | 43,891,791 | 35,503,987 | 64,331,477 | 76,258,138 | 45,538,157 |
| Investment income, net | 30,545,393 | 15,119,200 | 23,071,441 | (20,186,511) | 16,381,216 | 6,584,849 |
| Gain on sale of High Yield-Focused Advisory Contracts | — | 0 | 0 | 6,813,579 | 9,000,000 | 0 |
| Total non-operating income (loss) | — | 15,119,200 | 23,071,441 | (13,372,932) | 25,381,216 | 6,584,849 |
| Total non-operating income | 30,545,393 | — | — | — | — | — |
| Net income before income taxes | 67,281,490 | 59,010,991 | 58,575,428 | 50,958,545 | 101,639,354 | 52,123,006 |
| Income tax expense | (17,921,491) | (15,833,073) | (15,489,880) | (14,087,783) | (26,049,815) | (13,957,868) |
| NET INCOME | 49,359,999 | 43,177,918 | 43,085,548 | 36,870,762 | 75,589,539 | 38,165,138 |
| Net (income) loss attributable to redeemable noncontrolling interest | — | (189) | (859,126) | 3,563,345 | (1,388,930) | 495,407 |
| Net income attributable to redeemable noncontrolling interest | (598,493) | — | — | — | — | — |
| NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS | 48,761,506 | 43,177,729 | 42,226,422 | 40,434,107 | 74,200,609 | 38,660,545 |
| Earnings per share attributable to common shareholders | ||||||
| Basic (in dollars per share) | 17.91 | 15.66 | 14.32 | 13.01 | 23.34 | 12.03 |
| Diluted (in dollars per share) | 17.91 | 15.66 | 14.32 | 13.01 | 23.34 | 12.03 |
| Weighted average shares outstanding | ||||||
| Basic (in shares) | 2,723,272 | 2,757,860 | 2,948,625 | 3,107,604 | 3,179,497 | 3,214,564 |
| Diluted (in shares) | 2,723,272 | 2,757,860 | 2,948,625 | 3,107,604 | 3,179,497 | 3,214,564 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.