NASDAQ$DHIL

Diamond Hill Investment Group Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported financial results for the first quarter of 2023.

Diamond Hill Investment Group reported a decrease in revenue and operating profit margin for Q1 2023, but an increase in net income and earnings per share compared to Q1 2022. The company's AUM and AUA combined reached $26.7 billion, with net client inflows of $84.0 million.

  • Assets under management and advisement totaled $26.7 billion.
  • Net client inflows were $84.0 million.
  • Revenue was $34.0 million.
  • Earnings per share attributable to common shareholders - diluted was $4.20.

Headline financials

Total Revenue

$34M

Previous: $42.3M-19.6%
EPS (adj)

$2.81

Previous: $2.87-2.1%
Capital Expenditures

-$13.9K

Previous: -$22.9K+39.4%
Free Cash Flow

-$13.8M

Previous: -$13.7M-0.7%
Net Income

$12.7M

Previous: $9.13M+39.2%
Operating Income

$10.9M

Previous: $19.1M-42.6%
Gross Profit

$819K

Previous: $1.44M-43.3%
Cash & Equivalents

$40.3M

Previous: $164M-75.5%
Total Assets

$235M

Previous: $261M-10.3%
Stock-Based Comp

$2.9M

Previous: $2.33M+24.3%

Revenue & EPS history

Diamond Hill · Revenue · Quarterly

$34M

Q1 2023-19.6%vs Q1 2022

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+0.4%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+9.8%

Q4 2021

Best reaction

-6.9%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.2%+0.8%+0.5%
Q3 2025-2.4%-2.2%-9.3%
Q2 2025-3.4%-6.3%-2.9%
Q1 2025-2.9%+4.7%+8.9%
Q4 2024-0.5%+1.0%-1.1%
Q3 2024+1.8%+9.7%+8.5%
Q2 2024-3.5%-9.7%-3.2%
Q1 2024+5.5%+2.9%-1.3%
Q4 2023+3.1%+3.3%+4.7%
Q3 2023-5.2%-2.3%+3.0%
Q2 2023-2.2%-2.2%-5.1%
Q1 2023-0.2%+0.4%+8.9%
Q4 2022-5.6%-6.5%-13.4%
Q3 2022-1.1%-0.3%+1.9%
Q2 2022-2.5%-3.9%-12.6%
Q1 2022-5.0%-6.7%-0.8%
Q4 2021+9.8%+17.1%+6.2%
Q3 2021+4.3%+10.7%+18.0%
Q2 2021+4.9%+6.1%+11.9%
Q1 2021+4.9%+7.3%+9.6%
Q4 2020-5.4%+0.3%+7.8%
Q3 2020+1.1%-1.2%+4.6%
Q2 2020-1.6%+3.9%+5.9%
Q1 2020+5.6%+3.2%+8.0%
Q4 2019-4.9%-5.4%-37.5%
Q3 2019+3.7%+7.7%+8.7%
Q2 2019-1.7%-2.0%-2.0%
Q1 2019+0.0%+1.7%-0.7%
Q4 2018-6.9%-8.7%-14.2%
Q3 2018+2.5%+1.5%+4.1%
Q2 2018+0.1%-1.7%-2.7%
Q1 2018-2.9%-1.7%+1.6%
Q4 2017-2.2%-1.6%-6.5%
Q3 2017+3.4%+0.6%+1.5%
Q2 2017-0.6%+0.1%-4.2%
Q1 2017+3.0%+1.9%+1.6%
Q4 2016-2.5%-3.4%-8.4%
Q3 2016-2.9%-0.8%+15.4%
Q2 2016-0.3%+2.4%-0.5%
Q1 2016-0.8%
Q4 2015-5.4%
Q3 2015+0.9%
Q2 2015-1.4%
Q1 2015+2.2%
Q4 2014+1.2%
Q3 2014+1.5%
Q2 2014-1.4%
Q1 2014-1.1%
Q4 2013+1.7%
Q3 2013-0.1%
Q2 2013+0.3%
Q1 2013-0.3%
Q4 2012+1.8%
Q3 2012+1.7%
Q2 2012+5.0%
Q1 2011+0.0%
Q1 2012+0.9%
Q4 2011+1.8%
Q4 2009+1.8%
Q3 2011-6.0%
Q3 2010-6.0%
Q4 2010+1.0%
Q2 2010+1.0%
Q2 2011+1.0%
Q1 2010-1.9%

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