Diamond Hill Investment (DHIL) Operating Expenses (2010 - 2025)

Diamond Hill Investment (DHIL) reported Operating Expenses of $30.4 million for Q4 2025, up 17.36% on a YoY basis from $25.9 million in Q4 2024, and up 9.76% quarter-over-quarter from $27.7 million in Q3 2025.

Diamond Hill Investment (DHIL) Operating Expenses (2010 - 2025) Analysis & Trends

Diamond Hill Investment has reported Operating Expenses for 16 years, with the latest figure at $30.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 17.36% year-over-year to $30.4 million; the trailing twelve-month figure through Dec 2025 stood at $110.4 million (up 2.95% YoY), and the FY2025 full-year result was $110.4 million, up 2.95% from the prior year.
  • Operating Expenses for Q4 2025 stood at $30.4 million, up from $27.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $30.4 million in Q4 2025, with the low at $18.8 million in Q2 2022.
  • Historically, Operating Expenses has averaged $25.7 million across 5 years, with a median of $25.9 million in 2022.
  • Annual changes were most pronounced in 2021 — Operating Expenses jumped 122.35% — and 2022, when it slumped 31.25%.
  • Diamond Hill Investment's Operating Expenses stood at $26.4 million in 2021, then dropped by 1.66% to $26.0 million in 2022, then advanced by 13.19% to $29.4 million in 2023, then declined by 11.98% to $25.9 million in 2024, then gained by 17.36% to $30.4 million in 2025.
  • The last three Operating Expenses figures came in at $30.4 million (Q4 2025), $27.7 million (Q3 2025), and $28.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 3.88 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 2.26 Bn
3 Kkr 86.45 Bn 133.96 Bn - 3.87 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 4.68 Bn
5 State Street 46.95 Bn 21.27 Bn - 2.81 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 1.51 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 3.12 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 1.17 Bn
10 Diamond Hill Investment 476.55 Mn 434.13 Mn 34.37 Mn 30.37 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 30.37 Mn
Sep 30, 2025 27.67 Mn
Jun 30, 2025 28.26 Mn
Mar 31, 2025 24.05 Mn
Dec 31, 2024 25.88 Mn
Sep 30, 2024 28.80 Mn
Jun 30, 2024 24.53 Mn
Mar 31, 2024 27.99 Mn
Dec 31, 2023 29.41 Mn
Sep 30, 2023 23.19 Mn
Jun 30, 2023 25.56 Mn
Mar 31, 2023 23.05 Mn
Dec 31, 2022 25.98 Mn
Sep 30, 2022 22.23 Mn
Jun 30, 2022 18.77 Mn
Mar 31, 2022 23.18 Mn
Dec 31, 2021 26.42 Mn
Sep 30, 2021 26.73 Mn
Jun 30, 2021 27.30 Mn
Mar 31, 2021 25.48 Mn