Diamond Hill Investment Group, Inc. (DHIL)

DHIL Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	48.76	43.18	42.23	40.43	74.2
Depreciation & Amortization	1.19	1.22	1.29	1.38	1.28
Loss (Gain) From Sale of Investments	-23.64	-8.08	-16.54	24.47	-10.88
Stock-Based Compensation	13.4	11.82	11.69	10.66	7.42
Other Operating Activities	0.6	0	0.86	-10.38	-7.61
Change in Accounts Receivable	0.59	-2.15	-3.39	3.11	-2.67
Change in Income Taxes	0.98	0.07	-0.16	-2.27	1.06
Change in Other Net Operating Assets	2.03	4.68	6.84	-9.36	15.35
Operating Cash Flow	-6.62	16.6	34.67	39.48	26.31
Operating Cash Flow Growth	-	-52.12%	-12.19%	50.05%	-55.98%
Capital Expenditures	-2.44	-1.36	-0.02	-0.1	-1.1
Investment in Securities	35.19	31.88	-4.18	-0.68	19.37
Other Investing Activities	-	-	-	6.81	9
Investing Cash Flow	32.75	30.51	-4.21	6.03	27.26
Issuance of Common Stock	0.27	0.33	0.41	0.53	0.6
Repurchase of Common Stock	-21.11	-36.52	-39.75	-42.16	-9.45
Common Dividends Paid	-27.19	-16.53	-17.68	-18.64	-12.7
Other Financing Activities	22.69	0.25	10.35	9.46	10.3
Financing Cash Flow	-25.33	-52.48	-46.67	-62.87	-71.5
Net Cash Flow	0.8	-5.37	-16.2	-17.36	-17.93
Free Cash Flow	-9.05	15.24	34.65	39.38	25.21
Free Cash Flow Growth	-	-56.03%	-12.02%	56.23%	-56.03%
Free Cash Flow Margin	-6.16%	10.08%	25.34%	25.49%	13.84%
Free Cash Flow Per Share	-3.33	5.52	11.75	12.67	7.93
Cash Income Tax Paid	-	14.09	12.86	20.88	26.4
Levered Free Cash Flow	27.91	39.02	29.24	48.17	64.02
Unlevered Free Cash Flow	27.91	39.02	29.24	48.17	64.02
Change in Working Capital	-46.92	-31.54	-4.86	-27.08	-38.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q