Diamond Hill Investment (DHIL) Operating Margin (2010 - 2025)
Diamond Hill Investment posted quarterly Operating Margin of 16.9% for Q4 2025, down 1694.0% year-on-year from 1.06% in Q4 2024, and down 35.01% on a QoQ basis from 26.01% in Q3 2025.
Diamond Hill Investment (DHIL) has 16 years of Operating Margin data on file, last reported at 16.9% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin fell 1694.0% year-over-year to 16.9%; the trailing twelve-month figure through Dec 2025 stood at 24.97% (down 408.0% YoY), and the FY2025 full-year result was 24.97%, down 408.0% from the prior year.
- Operating Margin for Q4 2025 stood at 16.9%, down from 26.01% in the prior quarter.
- Across five years, Operating Margin topped out at 51.9% in Q2 2022 and bottomed at 13.05% in Q4 2023.
- The 5-year median for Operating Margin is 33.47% (2024), against an average of 32.39%.
- The widest annual swing landed in 2021, when Operating Margin plunged 2942 bps; it then surged 2079 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 38.64% in 2021, then tumbled by 34 bps to 25.67% in 2022, then tumbled by 49 bps to 13.05% in 2023, then jumped by 159 bps to 33.84% in 2024, then tumbled by 50 bps to 16.9% in 2025.
- The last three Operating Margin figures came in at 16.9% (Q4 2025), 26.01% (Q3 2025), and 21.55% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 42.01% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 46.06% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.56% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.44% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Diamond Hill Investment | 476.55 Mn | 434.13 Mn | 34.37 Mn | 16.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.90% |
| Sep 30, 2025 | 26.01% |
| Jun 30, 2025 | 21.55% |
| Mar 31, 2025 | 35.20% |
| Dec 31, 2024 | 33.84% |
| Sep 30, 2024 | 26.19% |
| Jun 30, 2024 | 33.09% |
| Mar 31, 2024 | 22.88% |
| Dec 31, 2023 | 13.05% |
| Sep 30, 2023 | 34.77% |
| Jun 30, 2023 | 23.35% |
| Mar 31, 2023 | 32.19% |
| Dec 31, 2022 | 25.67% |
| Sep 30, 2022 | 41.90% |
| Jun 30, 2022 | 51.90% |
| Mar 31, 2022 | 45.14% |
| Dec 31, 2021 | 38.64% |
| Sep 30, 2021 | 51.44% |
| Jun 30, 2021 | 39.42% |
| Mar 31, 2021 | 34.68% |
| Dec 31, 2020 | 23.05% |
| Sep 30, 2020 | 31.98% |
| Jun 30, 2020 | 24.88% |
| Mar 31, 2020 | 64.10% |
| Dec 31, 2019 | 33.32% |
| Sep 30, 2019 | 36.88% |
| Jun 30, 2019 | 36.01% |
| Mar 31, 2019 | 34.17% |
| Dec 31, 2018 | 57.44% |
| Sep 30, 2018 | 45.14% |
| Jun 30, 2018 | 45.51% |
| Mar 31, 2018 | 48.18% |
| Dec 31, 2017 | 48.63% |
| Sep 30, 2017 | 45.92% |
| Jun 30, 2017 | 44.92% |
| Mar 31, 2017 | 45.07% |
| Dec 31, 2016 | 48.77% |
| Sep 30, 2016 | 45.96% |
| Jun 30, 2016 | 44.99% |
| Mar 31, 2016 | 45.00% |
| Dec 31, 2015 | 53.44% |
| Sep 30, 2015 | 45.00% |
| Jun 30, 2015 | 45.00% |
| Mar 31, 2015 | 45.00% |
| Dec 31, 2014 | 64.03% |
| Sep 30, 2014 | 40.00% |
| Jun 30, 2014 | 38.02% |
| Mar 31, 2014 | 36.96% |
| Dec 31, 2013 | 42.26% |
| Sep 30, 2013 | 35.88% |
| Jun 30, 2013 | 35.91% |
| Mar 31, 2013 | 36.07% |
| Dec 31, 2012 | 38.46% |
| Sep 30, 2012 | 35.77% |
| Jun 30, 2012 | 36.08% |
| Mar 31, 2012 | 36.24% |
| Dec 31, 2011 | 41.43% |
| Sep 30, 2011 | 35.42% |
| Jun 30, 2011 | 34.77% |
| Mar 31, 2011 | 33.12% |
| Dec 31, 2010 | 40.24% |
| Sep 30, 2010 | 29.90% |
| Jun 30, 2010 | 29.82% |