Federated Hermes, Inc. is engaged in the provision of investment management products and related financial services. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 2,072 full-time employees. The firm operates through a single segment, being the investment management business. The company sponsors, markets, and provides investment-related services to various investment products, including sponsored investment companies and other funds (Federated Hermes Funds); and Separate Accounts, which include separately managed accounts (SMAs), institutional accounts, sub-advised funds and other managed products in both domestic and international markets. In addition, it markets and provides stewardship and real estate development services to various domestic and international companies. The firm provides investment advisory services to approximately 176 Federated Hermes Funds. The company markets these funds to institutional customers and banks, broker/dealers and other financial intermediaries who use them to meet the needs of customers and/or clients, including, among others, retail investors, corporations, and retirement plans.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
1,810
1,810
1,634
1,609
1,441
1,300
Revenue Growth (YoY)
-11%
11%
2%
12%
11%
-10%
Cost of Revenue
80
80
78
69
57
60
Gross Profit
1,730
1,730
1,556
1,539
1,383
1,240
Selling, General & Admin
1,190
1,181
1,085
1,089
966
824
Research & Development
--
--
--
--
--
--
Operating Expenses
1,205
1,205
1,125
1,138
1,007
860
Other Non Operating Income (Expenses)
0
0
0
0
0
0
Pretax Income
547
547
381
411
306
376
Income Tax Expense
133
133
113
106
71
103
Net Income
385
385
256
284
227
259
Net Income Growth
17%
50%
-10%
25%
-12%
-17%
Shares Outstanding (Diluted)
73.78
75.1
79.43
83.86
85.76
93.77
Shares Change (YoY)
-6%
-5%
-5%
-2%
-9%
-3%
EPS (Diluted)
5.22
5.12
3.23
3.39
2.65
2.76
EPS Growth
24%
59%
-5%
28%
-4%
-15%
Free Cash Flow
294
294
342
303
319
159
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
95.58%
95.58%
95.22%
95.64%
95.97%
95.38%
Operating Margin
28.95%
28.95%
26.31%
24.92%
26.09%
29.23%
Profit Margin
21.27%
21.27%
15.66%
17.65%
15.75%
19.92%
Free Cash Flow Margin
16.24%
16.24%
20.93%
18.83%
22.13%
12.23%
EBITDA
546
546
452
427
404
410
EBITDA Margin
30.16%
30.16%
27.66%
26.53%
28.03%
31.53%
D&A For EBITDA
22
22
22
26
28
30
EBIT
524
524
430
401
376
380
EBIT Margin
28.95%
28.95%
26.31%
24.92%
26.09%
29.23%
Effective Tax Rate
24.31%
24.31%
29.65%
25.79%
23.2%
27.39%
Follow-Up Questions
What are Federated Hermes Inc's key financial statements?
According to the latest financial statement (Form-10K), Federated Hermes Inc has a total asset of $2,229, Net profit of $385
What are the key financial ratios for FHI?
Federated Hermes Inc's Current ratio is 2.15, has a Net margin is 21.27, sales per share of $24.1.
How is Federated Hermes Inc's revenue broken down by segment or geography?
Federated Hermes Inc largest revenue segment is Federated Hermes Funds, at a revenue of 1,373,700,000 in the most earnings release.For geography, United States is the primary market for Federated Hermes Inc, at a revenue of 1,384,559,000.
Is Federated Hermes Inc profitable?
yes, according to the latest financial statements, Federated Hermes Inc has a net profit of $385
Does Federated Hermes Inc have any liabilities?
yes, Federated Hermes Inc has liability of 1,032
How many outstanding shares for Federated Hermes Inc?
Federated Hermes Inc has a total outstanding shares of 76.39