FHI · Federated Hermes, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $478.96M | - | $469.45M | $424.84M | $423.54M | - | $408.46M | $402.58M | $396.37M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $352.63M | - | $339.99M | $307.76M | $291.77M | - | $296.71M | $361.87M | $297.79M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $126.33M | - | $129.45M | $117.08M | $131.77M | - | $111.74M | $40.72M | $98.58M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $33.82M | - | $34.23M | $34.13M | $32.16M | - | $32.26M | $23.43M | $29.01M | - |
| Net Income | $96.38M | - | $104.13M | $91.00M | $101.13M | - | $87.54M | $21.03M | $75.03M | - |
| EPS - Basic | $1.27 | - | $1.34 | $1.16 | $1.25 | - | $1.06 | $0.20 | $0.89 | - |
| EPS - Diluted | $1.27 | - | $1.34 | $1.16 | $1.25 | - | $1.06 | $0.20 | $0.89 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $513.88M | $582.54M | $506.28M | $370.99M | $387.57M | $504.44M | $374.95M | $307.43M | $359.78M | $383.18M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $788.57M | $863.79M | $802.34M | $760.68M | $678.57M | $781.35M | $723.19M | $613.30M | $719.66M | $720.73M |
| Total Assets | $2.14B | $2.23B | $2.18B | $2.15B | $2.00B | $2.08B | $2.04B | $1.91B | $2.09B | $2.10B |
| Current Liabilities | $240.68M | $314.14M | $256.40M | $225.73M | $222.99M | $289.19M | $263.14M | $223.38M | $212.50M | $287.34M |
| Long-term Debt | $348.43M | $348.37M | $348.30M | $348.24M | $348.17M | $348.11M | $348.04M | $347.97M | $347.91M | $347.84M |
| Total Liabilities | $880.97M | $965.86M | $931.47M | $874.49M | $858.72M | $933.96M | $900.63M | $863.99M | $866.41M | $947.75M |
| Stockholders' Equity | $1.20B | $1.20B | $1.19B | $1.11B | $1.08B | $1.10B | $1.08B | $1.02B | $1.15B | $1.13B |
| Retained Earnings | $1.59B | $1.53B | $1.46B | $1.38B | $1.32B | $1.26B | $1.21B | $1.15B | $1.23B | $1.19B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $28.85M | - | - | - | $14.30M | - | - | - | $14.03M | - |
| Investing Cash Flow | $1.16M | - | - | - | ($1.53M) | - | - | - | $27.59M | - |
| Financing Cash Flow | ($97.25M) | - | - | - | ($137.57M) | - | - | - | ($63.53M) | - |
| CapEx | $4.84M | - | - | - | $972.0K | - | - | - | $569.0K | - |
| Free Cash Flow | $24.00M | - | - | - | $13.33M | - | - | - | $13.46M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 26.4% | - | 27.6% | 27.6% | 31.1% | - | 27.4% | 10.1% | 24.9% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 20.1% | - | 22.2% | 21.4% | 23.9% | - | 21.4% | 5.2% | 18.9% | - |
| Free cash flow margin | 5.0% | - | - | - | 3.1% | - | - | - | 3.4% | - |
| FCF / Net income | 0.25 | - | - | - | 0.13 | - | - | - | 0.18 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 26.0% | - | 24.7% | 27.3% | 24.1% | - | 26.9% | 52.7% | 27.9% | - |
| Return on assets | 4.5% | - | 4.8% | 4.2% | 5.1% | - | 4.3% | 1.1% | 3.6% | - |
| Return on equity | 8.0% | - | 8.8% | 8.2% | 9.4% | - | 8.1% | 2.1% | 6.5% | - |
| Return on invested capital | 6.0% | - | 6.3% | 5.8% | 7.0% | - | 5.7% | 1.5% | 4.8% | - |
| Liquidity | ||||||||||
| Current ratio | 3.28 | 2.75 | 3.13 | 3.37 | 3.04 | 2.70 | 2.75 | 2.75 | 3.39 | 2.51 |
| Quick ratio | 3.28 | 2.75 | 3.13 | 3.37 | 3.04 | 2.70 | 2.75 | 2.75 | 3.39 | 2.51 |
| Cash ratio | 2.14 | 1.85 | 1.97 | 1.64 | 1.74 | 1.74 | 1.42 | 1.38 | 1.69 | 1.33 |
| Leverage | ||||||||||
| Debt / Equity | 0.29 | 0.29 | 0.29 | 0.31 | 0.32 | 0.32 | 0.32 | 0.34 | 0.30 | 0.31 |
| Debt / Assets | 0.16 | 0.16 | 0.16 | 0.16 | 0.17 | 0.17 | 0.17 | 0.18 | 0.17 | 0.17 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.78 | 1.86 | 1.84 | 1.93 | 1.86 | 1.90 | 1.88 | 1.88 | 1.82 | 1.86 |
| Liabilities / Assets | 0.41 | 0.43 | 0.43 | 0.41 | 0.43 | 0.45 | 0.44 | 0.45 | 0.42 | 0.45 |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | - | 0.22 | 0.20 | 0.21 | - | 0.20 | 0.21 | 0.19 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 44.7x | - | 38.8x | 38.2x | 32.6x | - | 34.7x | 164.4x | 40.6x | - |
| P / B | 3.4x | - | 3.2x | 3.0x | 2.9x | - | 2.7x | 2.6x | 2.5x | - |
| P / S | 8.6x | - | 8.2x | 7.8x | 7.5x | - | 7.1x | 6.5x | 7.4x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 13.1% | - | 14.9% | 5.5% | 6.9% | - | 1.4% | -7.1% | 3.7% | - |
| Revenue CAGR (3y) | 7.8% | - | 7.2% | 5.1% | 9.3% | - | 7.7% | 9.0% | 5.1% | - |
| Revenue CAGR (5y) | 7.0% | - | 5.2% | 3.3% | 3.4% | - | 3.7% | 4.6% | 5.2% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -4.1% | - | 15.8% | 187.6% | 33.7% | - | 10.2% | -58.6% | 15.8% | - |
| Net income growth (YoY) | -4.7% | - | 18.9% | 332.8% | 34.8% | - | 16.7% | -70.9% | 7.8% | - |
| EPS growth (YoY) | 1.6% | - | 26.4% | 480.0% | 40.4% | - | 23.3% | -75.3% | 14.1% | - |
| EPS CAGR (3y) | 17.6% | - | 19.8% | 21.9% | 27.0% | - | 13.2% | -29.1% | 5.9% | - |
| EPS CAGR (5y) | 11.1% | - | 13.2% | 7.7% | - | - | - | - | - | - |
| FCF growth (YoY) | 80.1% | - | - | - | -1.0% | - | - | - | 187.6% | - |
| FCF CAGR (5y) | - | - | - | - | -13.6% | - | - | - | 2.8% | - |
| Book value growth (YoY) | 11.9% | 9.3% | 9.6% | 9.5% | -6.2% | -2.9% | -1.5% | -10.3% | 3.7% | 7.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$3.31B totalFederated Hermes Funds$1.51B · 45.6%
Investment Advisory Management And Administrative Service$943.47M · 28.5%
Administrative Service$419.76M · 12.7%
Separateaccounts$255.76M · 7.7%
Financial Service Other$148.65M · 4.5%
Other$33.02M · 1.0%
Geographic
$1.80B totalUS$1.56B · 86.5%
Non Us$242.84M · 13.5%
Peer comparison
Same SIC group: Investment Advice
Comparing FEDERATED HERMES against the 5 most active filers in the same SIC group.
Dividends
$1.40/share trailing 12 months · +10.2% YoY
| Ex-date | Per share |
|---|---|
| May 8, 2026 | $0.3800 |
| Feb 6, 2026 | $0.3400 |
| Nov 7, 2025 | $0.3400 |
| Aug 8, 2025 | $0.3400 |
| May 8, 2025 | $0.3400 |
| Feb 7, 2025 | $0.3100 |
| Nov 8, 2024 | $0.3100 |
| Aug 8, 2024 | $0.3100 |
| May 7, 2024 | $1.3100 |
| Feb 7, 2024 | $0.2800 |
| Nov 7, 2023 | $0.2800 |
| Aug 7, 2023 | $0.2800 |
| May 5, 2023 | $0.2800 |
| Feb 7, 2023 | $0.2700 |
| Nov 7, 2022 | $0.2700 |
| Aug 5, 2022 | $0.2700 |
| May 5, 2022 | $0.2700 |
| Feb 7, 2022 | $0.2700 |
| Nov 5, 2021 | $0.2700 |
| Aug 5, 2021 | $0.2700 |
| May 6, 2021 | $0.2700 |
| Feb 4, 2021 | $0.2700 |
| Nov 5, 2020 | $1.2700 |
| Aug 6, 2020 | $0.2700 |