DIAMOND HILL INVESTMENT GROUP INCDHILEarnings & Financial Report
Diamond Baseball Holdings (DBH) is an American sports ownership and management group that operates over 40 Minor League Baseball (MiLB) teams in the United States and Canada. DBH was established in 2021 by media conglomerate Endeavor and is a subsidiary of the investment firm Silver Lake.
Revenue
$36.3M
Gross Profit
N/A
Operating Profit
$8.3M
Net Profit
$13.0M
Gross Margin
N/A
Operating Margin
22.9%
Net Margin
35.9%
YoY Growth
6.8%
EPS
$4.62
DIAMOND HILL INVESTMENT GROUP INC Q1 FY2024 Financial Summary
DIAMOND HILL INVESTMENT GROUP INC reported revenue of $36.3M (up 6.8% YoY) for Q1 FY2024, with a net profit of $13.0M (up 2.4% YoY) (35.9% margin).
Key Financial Metrics
| Total Revenue | $36.3M |
|---|---|
| Net Profit | $13.0M |
| Gross Margin | N/A |
| Operating Margin | 22.9% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
DIAMOND HILL INVESTMENT GROUP INC Q1 FY2024 revenue of $36.3M breaks down across 5 segments, led by Proprietary Funds at $24.0M (66.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Proprietary Funds | $24.0M | 66.2% |
| Administrative Service | $5.7M | 15.8% |
| Other Pooled Vehicles | $2.8M | 7.6% |
| Administration Revenuenetofrelatedexpense | $1.9M | 5.4% |
| Collective Investment Trusts | $1.4M | 3.8% |
DIAMOND HILL INVESTMENT GROUP INC Revenue by Segment — Quarterly Trend
DIAMOND HILL INVESTMENT GROUP INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Proprietary Funds and Administrative Service) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Proprietary Funds | $26.0M | $26.6M | $25.2M | $25.4M |
| Administrative Service | — | $7.1M | $6.7M | — |
| Other Pooled Vehicles | $2.8M | — | $2.7M | $2.8M |
| Administration Revenuenetofrelatedexpense | $1.7M | $1.8M | — | $1.8M |
| Collective Investment Trusts | $1.4M | $1.3M | $1.3M | — |
DIAMOND HILL INVESTMENT GROUP INC Annual Revenue by Year
DIAMOND HILL INVESTMENT GROUP INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $147.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $147.1M |
| 2024 | $151.1M |
| 2023 | $136.7M |
| 2022 | $154.5M |
DIAMOND HILL INVESTMENT GROUP INC Quarterly Revenue & Net Profit History
DIAMOND HILL INVESTMENT GROUP INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $36.6M | -6.6% | $9.3M | 25.3% |
| Q3 FY2025 | $37.4M | -4.1% | $13.6M | 36.2% |
| Q2 FY2025 | $36.0M | -1.7% | $15.6M | 43.2% |
| Q1 FY2025 | $37.1M | +2.3% | $10.4M | 27.9% |
| Q4 FY2024 | $39.1M | +15.7% | $7.4M | 18.9% |
| Q3 FY2024 | $39.0M | +9.7% | $14.6M | 37.5% |
| Q2 FY2024 | $36.7M | +9.9% | $8.1M | 22.2% |
| Q1 FY2024 | $36.3M | +6.8% | $13.0M | 35.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.3M | $36.7M | $39.0M | $39.1M | $37.1M | $36.0M | $37.4M | $36.6M |
| YoY Growth | 6.8% | 9.9% | 9.7% | 15.7% | 2.3% | -1.7% | -4.1% | -6.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $209.1M | $213.1M | $240.8M | $245.1M | $224.4M | $261.0M | $256.3M | $260.4M |
| Liabilities | $50.8M | $56.5M | $74.3M | $82.6M | $55.5M | $65.9M | $75.3M | $84.0M |
| Equity | $158.3M | $156.5M | $166.5M | $162.3M | $168.6M | $171.6M | $180.9M | $176.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-12.3M | $19.2M | $18.5M | $16.6M | $-10.7M | $-5.0M | $-7.7M | $-6.6M |