Diamond Hill Investment | 8-K: FY2025 Revenue: USD 147.1 M

Revenue: As of FY2025, the actual value is USD 147.1 M.

EPS: As of FY2025, the actual value is USD 17.91.

The provided reference indicates that Diamond Hill Investment Group, Inc. issued a press release on February 26, 2026, reporting its results for the fiscal quarter ended December 31, 2025; however, specific financial figures for that period are not included in this document .

Assets Under Management (AUM) and Assets Under Advisement (AUA)

Combined AUM and AUA for Diamond Hill Investment Group, Inc. were $31.0 billion as of December 31, 2025, a decrease from $31.9 billion as of December 31, 2024 .
Average combined AUM and AUA were $31.8 billion during 2025, compared to $31.6 billion during 2024 .

Net Client Flows

Diamond Hill Investment Group, Inc. experienced net client outflows of -$2.7 billion in 2025, which increased from -$0.3 billion of net outflows during 2024 .
- Net cash outflows from Proprietary Funds were -$613 million in 2025, a change from inflows of $726 million in 2024 .
- Net cash outflows from Separately managed accounts were -$1,341 million in 2025, compared to -$1,269 million in 2024 .
- Net cash outflows from Collective investment trusts were -$306 million in 2025, a change from inflows of $403 million in 2024 .
- Net cash outflows from Other pooled vehicles were -$481 million in 2025, compared to -$149 million in 2024 .
- Net cash outflows for Equity were -$5,031 million in 2025, compared to -$2,544 million in 2024 .
- Net cash inflows for Fixed Income were $2,290 million in 2025, compared to $2,255 million in 2024 .

Operational Metrics

GAAP net operating profit margin for Diamond Hill Investment Group, Inc. was 25% in 2025, down from 29% in 2024 .
Adjusted net operating profit margin was 29% in 2025, compared to 32% in 2024 .
Transaction-related expenses of $2.9 million, associated with the pending merger, reduced both net operating profit margin and adjusted net operating profit margin by approximately 2 percentage points year-over-year .
Net Operating Income was $36,736 thousand in 2025, a -16% change from $43,892 thousand in 2024 .
Total Operating Expenses increased by 3% to $110,362 thousand in 2025, from $107,203 thousand in 2024 .
- Compensation and related costs, excluding deferred compensation expense, were $72,467 thousand in 2025, a -3% change from $74,589 thousand in 2024 .
- Deferred compensation expense was $6,095 thousand in 2025, a 28% change from $4,776 thousand in 2024 .
- Other expenses were $31,800 thousand in 2025, a 14% change from $27,838 thousand in 2024 .

Net Income

Net investment income for Diamond Hill Investment Group, Inc. was $30.5 million in 2025, a 102% increase from $15.1 million in 2024 .
Net income attributable to common shareholders was $48.8 million in 2025, a 13% increase from $43.2 million in 2024 .
Net income before taxes was $67,281 thousand in 2025, a 14% increase from $59,011 thousand in 2024 .
Net income was $49,360 thousand in 2025, a 14% increase from $43,178 thousand in 2024 .
Net income attributable to redeemable noncontrolling interest was -$598 thousand in 2025, compared to $0 thousand in 2024 .

Shareholder Returns

Diamond Hill Investment Group, Inc. returned approximately $44.1 million to its shareholders in 2025 .
This included $16.9 million through the repurchase of 120,081 common shares and $27.2 million through a dividend of $10.00 per common share .

Outlook / Guidance

Diamond Hill Investment Group, Inc.’s CEO, Heather Brilliant, indicated that the partnership with First Eagle Investment Management, LLC demonstrates the business’s strength and resilience, providing immediate value to shareholders . The company anticipates that joining First Eagle will position Diamond Hill Investment Group, Inc. for continued long-term success . Forward-looking statements are subject to risks and uncertainties, including those related to a proposed merger, and the company does not commit to updating them or endorsing third-party projections .