NASDAQ$DHIL

Diamond Hill Investment Group Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported financial results for the second quarter of 2022.

Diamond Hill Investment Group reported a challenging second quarter due to market downturn, which significantly impacted net income and earnings per share due to unrealized losses on corporate investments. However, the company's core operating results remained resilient, and they returned $12.4 million to shareholders via share repurchases and dividends.

  • AUM was $25.8 billion, down from $31.0 billion at the end of 2021 and $32.4 billion at the end of June 2021.
  • Net client outflows were $515 million, compared to net inflows of $550 million in Q2 2021.
  • Revenue decreased to $39.0 million, compared to $45.1 million in Q2 2021.
  • Net income attributable to common shareholders was $4.4 million, down from $16.9 million in Q2 2021.

Headline financials

Total Revenue

$39M

Previous: $45.1M-13.4%
EPS (adj)

$3.77

Previous: $4.44-15.1%
Capital Expenditures

-$22.9K

Previous: -$663K+96.5%
Free Cash Flow

$443K

Previous: $2.16M-79.5%
Net Income

$4.41M

Previous: $16.9M-73.8%
Operating Income

$20.3M

Previous: $17.8M+14.0%
Gross Profit

-$1.71M

Previous: $1.54M-211.6%
Cash & Equivalents

$58.5M

Previous: $198M-70.5%
Total Assets

$252M

Previous: $288M-12.3%
Stock-Based Comp

$2.92M

Previous: $1.79M+63.3%

Revenue & EPS history

Diamond Hill · Revenue · Quarterly

$39M

Q2 2022-13.4%vs Q2 2021

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 Q2 2022

Historical avgQ2 2022

-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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