Diamond Hill Investment Group, Inc. (DHIL)

DHIL Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	139.02	136.72	154.5	182.19	126.39	136.62
Revenue Growth (YoY)	-4.93%	-11.51%	-15.20%	44.15%	-7.49%	-6.18%
Cost of Revenue	72.52	70.73	70.51	73.59	58.29	60.26
Gross Profit	66.51	65.99	83.99	108.6	68.1	76.36
Selling, General & Admin	25.59	24.88	24.06	25.26	20.34	22.45
Other Operating Expenses	8.05	5.6	-4.4	7.08	2.22	5.98
Operating Expenses	33.64	30.48	19.66	32.34	22.56	28.42
Operating Income	32.87	35.5	64.33	76.26	45.54	47.94
Other Expense / Income	-24.89	-22.21	9.81	-23.99	-7.08	-25.71
Pretax Income	57.76	57.72	54.52	100.25	52.62	73.65
Income Tax	15.22	15.49	14.09	26.05	13.96	18.69
Net Income	42.53	42.23	40.43	74.2	38.66	54.96
Net Income Growth	-3.36%	4.43%	-45.51%	91.93%	-29.66%	16.01%
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change	-6.88%	-5.12%	-2.26%	-1.09%	-6.46%	-2.22%
EPS (Basic)	14.71	14.32	13.01	23.34	12.03	15.99
EPS (Diluted)	14.71	14.32	13.01	23.34	12.03	15.99
EPS Growth	2.37%	10.07%	-44.26%	94.01%	-24.77%	18.62%
Free Cash Flow	36.02	34.65	39.38	25.21	57.32	56.26
Free Cash Flow Per Share	12.79	11.75	12.67	7.93	17.83	16.37
Dividend Per Share	6.000	6.000	10.000	23.000	12.000	9.000
Dividend Growth	-40.00%	-40.00%	-56.52%	91.67%	33.33%	12.50%
Gross Margin	47.84%	48.26%	54.36%	59.61%	53.88%	55.89%
Operating Margin	23.64%	25.97%	41.64%	41.86%	36.03%	35.09%
Profit Margin	30.60%	30.89%	26.17%	40.73%	30.59%	40.23%
Free Cash Flow Margin	25.91%	25.34%	25.49%	13.84%	45.35%	41.18%
Effective Tax Rate	26.35%	26.84%	25.84%	25.98%	26.53%	25.38%
EBITDA	59.04	59.01	55.9	101.53	53.61	74.81
EBITDA Margin	42.47%	43.16%	36.18%	55.73%	42.42%	54.76%
Depreciation & Amortization	1.28	1.29	1.38	1.28	0.99	1.16
EBIT	57.76	57.72	54.52	100.25	52.62	73.65
EBIT Margin	41.54%	42.22%	35.29%	55.02%	41.63%	53.91%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).