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DIAMOND HILL INVESTMENT GROUP INC（DHIL）与FiscalNote Holdings, Inc.（NOTE）财务数据对比。点击上方公司名可切换其他公司
DIAMOND HILL INVESTMENT GROUP INC的季度营收约是FiscalNote Holdings, Inc.的1.6倍（$36.6M vs $22.2M），DIAMOND HILL INVESTMENT GROUP INC同比增速更快（-6.6% vs -24.7%），FiscalNote Holdings, Inc.自由现金流更多（$-1.9M vs $-9.1M），过去两年DIAMOND HILL INVESTMENT GROUP INC的营收复合增速更高（0.4% vs -16.8%）
钻石棒球控股（DBH）是一家美国体育产权持有与运营集团，在美国和加拿大拥有并运营超过40支小联盟棒球队。该公司由媒体集团奋进集团于2021年成立，目前是投资机构银湖旗下的子公司，专注于北美小联盟棒球产业的运营与发展。
FiscalNote Holdings, Inc.（常称FiscalNote）是一家上市的软件数据与传媒企业，总部位于美国华盛顿特区，2013年由三位创始人创立。核心业务为通过政府关系管理服务FiscalNote GRM提供软件工具、平台、数据服务与资讯，同时依托人工智能平台分析美国待审议法案相关内容。
DHIL vs NOTE — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $36.6M | $22.2M |
| 净利润 | $9.3M | — |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | -83.7% |
| 净利率 | 25.3% | — |
| 营收同比 | -6.6% | -24.7% |
| 净利润同比 | 25.3% | — |
| 每股收益（稀释后） | $3.42 | $-2.81 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $36.6M | $22.2M | ||
| Q3 25 | $37.4M | $22.4M | ||
| Q2 25 | $36.0M | $23.3M | ||
| Q1 25 | $37.1M | $27.5M | ||
| Q4 24 | $39.1M | $29.5M | ||
| Q3 24 | $39.0M | $29.4M | ||
| Q2 24 | $36.7M | $29.2M | ||
| Q1 24 | $36.3M | $32.1M |
| Q4 25 | $9.3M | — | ||
| Q3 25 | $13.6M | $-24.9M | ||
| Q2 25 | $15.6M | $-13.3M | ||
| Q1 25 | $10.4M | $-4.3M | ||
| Q4 24 | $7.4M | — | ||
| Q3 24 | $14.6M | $-14.9M | ||
| Q2 24 | $8.1M | $-12.8M | ||
| Q1 24 | $13.0M | $50.6M |
| Q4 25 | 16.9% | -83.7% | ||
| Q3 25 | 26.0% | -43.4% | ||
| Q2 25 | 21.6% | -31.9% | ||
| Q1 25 | 35.2% | -50.0% | ||
| Q4 24 | 33.8% | -19.4% | ||
| Q3 24 | 26.2% | -23.1% | ||
| Q2 24 | 33.1% | -27.2% | ||
| Q1 24 | 22.9% | -35.6% |
| Q4 25 | 25.3% | — | ||
| Q3 25 | 36.2% | -110.8% | ||
| Q2 25 | 43.2% | -57.0% | ||
| Q1 25 | 27.9% | -15.4% | ||
| Q4 24 | 18.9% | — | ||
| Q3 24 | 37.5% | -50.7% | ||
| Q2 24 | 22.2% | -43.6% | ||
| Q1 24 | 35.9% | 157.6% |
| Q4 25 | $3.42 | $-2.81 | ||
| Q3 25 | $4.99 | $-1.73 | ||
| Q2 25 | $5.73 | $-0.08 | ||
| Q1 25 | $3.77 | $-0.03 | ||
| Q4 24 | $2.76 | $1.88 | ||
| Q3 24 | $5.35 | $-1.33 | ||
| Q2 24 | $2.93 | $-0.09 | ||
| Q1 24 | $4.62 | $0.37 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $26.3M |
| 总债务越低越好 | — | $128.4M |
| 股东权益账面价值 | $176.4M | $62.0M |
| 总资产 | $260.4M | $255.1M |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
| Q4 25 | — | $26.3M | ||
| Q3 25 | — | $31.2M | ||
| Q2 25 | — | $38.5M | ||
| Q1 25 | — | $46.3M | ||
| Q4 24 | $41.6M | $34.6M | ||
| Q3 24 | — | $32.7M | ||
| Q2 24 | — | $37.7M | ||
| Q1 24 | — | $43.6M |
| Q4 25 | — | $128.4M | ||
| Q3 25 | — | $131.5M | ||
| Q2 25 | — | $116.7M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | — | $147.1M | ||
| Q3 24 | — | $152.2M | ||
| Q2 24 | — | $145.9M | ||
| Q1 24 | — | $153.0M |
| Q4 25 | $176.4M | $62.0M | ||
| Q3 25 | $180.9M | $75.5M | ||
| Q2 25 | $171.6M | $95.1M | ||
| Q1 25 | $168.6M | $98.7M | ||
| Q4 24 | $162.3M | $97.8M | ||
| Q3 24 | $166.5M | $98.5M | ||
| Q2 24 | $156.5M | $106.9M | ||
| Q1 24 | $158.3M | $106.1M |
| Q4 25 | $260.4M | $255.1M | ||
| Q3 25 | $256.3M | $273.9M | ||
| Q2 25 | $261.0M | $288.3M | ||
| Q1 25 | $224.4M | $299.7M | ||
| Q4 24 | $245.1M | $326.2M | ||
| Q3 24 | $240.8M | $337.9M | ||
| Q2 24 | $213.1M | $346.3M | ||
| Q1 24 | $209.1M | $357.8M |
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.50× | ||
| Q3 24 | — | 1.54× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.44× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-6.6M | $-279.0K |
| 自由现金流经营现金流 - 资本支出 | $-9.1M | $-1.9M |
| 自由现金流率自由现金流/营收 | -24.8% | -8.7% |
| 资本支出强度资本支出/营收 | 6.7% | 7.4% |
| 现金转化率经营现金流/净利润 | -0.71× | — |
| 过去12个月自由现金流最近4个季度 | $-34.3M | $-18.6M |
8季度趋势，按日历期对齐
| Q4 25 | $-6.6M | $-279.0K | ||
| Q3 25 | $-7.7M | $-8.3M | ||
| Q2 25 | $-5.0M | $-6.2M | ||
| Q1 25 | $-10.7M | $3.3M | ||
| Q4 24 | $16.6M | $-1.3M | ||
| Q3 24 | $18.5M | $-3.0M | ||
| Q2 24 | $19.2M | $-3.7M | ||
| Q1 24 | $-12.3M | $2.7M |
| Q4 25 | $-9.1M | $-1.9M | ||
| Q3 25 | $-8.3M | $-10.4M | ||
| Q2 25 | $-5.7M | $-7.7M | ||
| Q1 25 | $-11.3M | $1.3M | ||
| Q4 24 | $15.2M | $-3.4M | ||
| Q3 24 | $18.3M | $-5.4M | ||
| Q2 24 | $19.2M | $-6.5M | ||
| Q1 24 | $-12.4M | $1.0M |
| Q4 25 | -24.8% | -8.7% | ||
| Q3 25 | -22.2% | -46.2% | ||
| Q2 25 | -15.8% | -33.0% | ||
| Q1 25 | -30.4% | 4.7% | ||
| Q4 24 | 38.9% | -11.4% | ||
| Q3 24 | 46.8% | -18.4% | ||
| Q2 24 | 52.4% | -22.1% | ||
| Q1 24 | -34.2% | 3.3% |
| Q4 25 | 6.7% | 7.4% | ||
| Q3 25 | 1.6% | 9.3% | ||
| Q2 25 | 2.0% | 6.4% | ||
| Q1 25 | 1.5% | 7.2% | ||
| Q4 24 | 3.5% | 6.8% | ||
| Q3 24 | 0.7% | 8.3% | ||
| Q2 24 | 0.0% | 9.4% | ||
| Q1 24 | 0.4% | 5.3% |
| Q4 25 | -0.71× | — | ||
| Q3 25 | -0.57× | — | ||
| Q2 25 | -0.32× | — | ||
| Q1 25 | -1.04× | — | ||
| Q4 24 | 2.25× | — | ||
| Q3 24 | 1.26× | — | ||
| Q2 24 | 2.36× | — | ||
| Q1 24 | -0.94× | 0.05× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DHIL
| Proprietary Funds | $26.0M | 71% |
| Separately Managed Accounts | $5.0M | 14% |
| Other Pooled Vehicles | $2.8M | 8% |
| Administration Revenuenetofrelatedexpense | $1.7M | 5% |
| Collective Investment Trusts | $1.4M | 4% |
NOTE
| Subscription | $21.2M | 95% |
| Advisory Advertising And Other | $1.0M | 5% |
