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6Apr 30, 2026·SEC
Apr 9, 2026·SEC
Jan 30, 2026·SEC
Federated Hermes, Inc. (FHI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Federated Hermes, Inc. (FHI) stock price & volume — 10-year historical chart
Federated Hermes, Inc. (FHI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Federated Hermes, Inc. (FHI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $1.27vs $1.20+5.8% | $479Mvs $475M+0.8% |
| Q1 2026 | Jan 29, 2026 | $1.39vs $1.20+15.8% | $483Mvs $470M+2.7% |
| Q4 2025 | Oct 30, 2025 | $1.34vs $1.13+18.6% | $469Mvs $444M+5.8% |
| Q3 2025 | Jul 31, 2025 | $1.16vs $0.99+17.2% | $425Mvs $432M-1.7% |
Federated Hermes, Inc. (FHI) competitors in Traditional active asset managers — business model, growth, and fundamentals comparison
Federated Hermes, Inc. (FHI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Federated Hermes, Inc. (FHI) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | -4.77M | -5.88M | -5.04M | 4.12M | 1.39M | -2.1M | -12.52M | 26.07M | 12.56M | -2.98M |
NII Growth % | -14.35% | -23.32% | 14.41% | 181.77% | -66.35% | -251.52% | -496.14% | 308.2% | -51.81% | 305.08% |
Net Interest Margin % | -0.39% | -0.38% | -0.27% | 0.2% | 0.07% | -0.1% | -0.6% | 1.25% | 0.55% | -0.14% |
Interest Income | 0 | 0 | 0 | 4.12M | 3.17M | 8.97M | 0 | 26.07M | 25.29M | 6.57M |
Interest Expense | 4.77M | 5.88M | 5.04M | 0 | 1.78M | 11.07M | 12.52M | 0 | 12.73M | 9.55M |
Loan Loss Provision | 284.44M | 348.88M | 437.11M | 503.4M | 530.71M | 501.64M | 550.87M | 540.49M | 466.18M | 413.37M |
Non-Interest Income | 1.1B | 1.14B | 1.33B | 1.44B | 1.3B | 1.44B | 1.61B | 1.61B | 1.79B | 1.85B |
Non-Interest Income % | 100% | 100% | 100% | 99.72% | 99.76% | 99.38% | 100% | 98.4% | 98.6% | 99.65% |
Total Revenue | 1.1B▲ 0% | 1.14B▲ 3.0% | 1.33B▲ 16.8% | 1.45B▲ 9.1% | 1.3B▼ 10.2% | 1.45B▲ 11.2% | 1.61B▲ 11.3% | 1.63B▲ 1.4% | 1.81B▲ 11.0% | 1.86B▲ 0% |
Revenue Growth % | -3.54% | 2.97% | 16.84% | 9.15% | -10.21% | 11.18% | 11.33% | 1.4% | 10.96% | 48.24% |
Non-Interest Expense | 472.2M | 450.63M | 536.82M | 526.72M | 401.68M | 596.3M | 658.64M | 730.14M | 797.08M | 927.65M |
Efficiency Ratio | 42.81% | 39.68% | 40.46% | 36.37% | 30.89% | 41.24% | 40.92% | 44.74% | 44.01% | 49.86% |
Operating Income | 341.51M▲ 0% | 330.28M▼ 3.3% | 347.93M▲ 5.3% | 418.15M▲ 20.2% | 366.27M▼ 12.4% | 336.8M▼ 8.0% | 387.55M▲ 15.1% | 361.47M▼ 6.7% | 535M▲ 48.0% | 509.75M▲ 0% |
Operating Margin % | 30.96% | 29.08% | 26.22% | 28.87% | 28.17% | 23.29% | 24.08% | 22.15% | 29.54% | 27.4% |
Operating Income Growth % | 1.74% | -3.29% | 5.34% | 20.18% | -12.41% | -8.05% | 15.07% | -6.73% | 48.01% | - |
Pretax Income | 352M▲ 0% | 296.17M▼ 15.9% | 365.27M▲ 23.3% | 446.06M▲ 22.1% | 376.29M▼ 15.6% | 306.22M▼ 18.6% | 411.33M▲ 34.3% | 381.61M▼ 7.2% | 547.53M▲ 43.5% | 541.25M▲ 0% |
Pretax Margin % | 31.92% | 26.08% | 27.53% | 30.8% | 28.94% | 21.18% | 25.56% | 23.38% | 30.23% | 29.09% |
Income Tax | 57.1M | 73.88M | 88.15M | 110.03M | 103.98M | 71.66M | 106.55M | 113.18M | 133.43M | 135.09M |
Effective Tax Rate % | 16.22% | 24.94% | 24.13% | 24.67% | 27.63% | 23.4% | 25.9% | 29.66% | 24.37% | 24.96% |
Net Income | 291.34M▲ 0% | 220.3M▼ 24.4% | 272.34M▲ 23.6% | 326.36M▲ 19.8% | 270.29M▼ 17.2% | 239.5M▼ 11.4% | 298.98M▲ 24.8% | 268.31M▼ 10.3% | 403.3M▲ 50.3% | 398.9M▲ 0% |
Net Margin % | 26.42% | 19.4% | 20.52% | 22.53% | 20.78% | 16.56% | 18.58% | 16.44% | 22.27% | 21.44% |
Net Income Growth % | 39.45% | -24.39% | 23.62% | 19.84% | -17.18% | -11.39% | 24.84% | -10.26% | 50.31% | 35.49% |
Net Income (Continuing) | 294.9M | 222.3M | 277.13M | 336.02M | 272.31M | 234.56M | 304.78M | 268.43M | 414.1M | 406.17M |
EPS (Diluted) | 2.87▲ 0% | 2.27▼ 20.9% | 2.69▲ 18.5% | 3.23▲ 20.1% | 2.75▼ 14.9% | 2.65▼ 3.6% | 3.40▲ 28.3% | 3.23▼ 5.0% | 5.13▲ 58.8% | 5.49▲ 0% |
EPS Growth % | 41.38% | -20.91% | 18.5% | 20.07% | -14.86% | -3.64% | 28.3% | -5% | 58.82% | 47.04% |
EPS (Basic) | 2.87 | 2.27 | 2.69 | 3.25 | 2.77 | 2.65 | 3.40 | 3.23 | 5.37 | - |
Diluted Shares Outstanding | 97.41M | 96.95M | 97.26M | 96.42M | 93.6M | 85.76M | 83.86M | 79.43M | 75.1M | 72.65M |
Federated Hermes, Inc. (FHI) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 369.54M | 190.49M | 340.63M | 438.77M | 426.67M | 521.75M | 560.67M | 641.04M | 725.64M | 2.63B |
Cash & Due from Banks | 316.26M | 156.83M | 249.17M | 301.82M | 233.33M | 336.78M | 383.18M | 504.44M | 583.89M | 645.42M |
Short Term Investments | 53.27M | 33.66M | 91.46M | 136.95M | 193.35M | 184.97M | 177.5M | 136.6M | 141.75M | 0 |
Total Investments | 127.15M | 33.66M | 95.16M | 143.85M | 193.35M | 184.97M | 177.5M | 136.6M | 164.25M | 0 |
Investments Growth % | -52.32% | -73.53% | 182.73% | 51.17% | 34.41% | -4.33% | -4.04% | -23.04% | 20.24% | -42.92% |
Long-Term Investments | 73.88M | 594K | 3.7M | 6.9M | 0 | 0 | 0 | 0 | 22.49M | 22.49M |
Accounts Receivables | 53.48M | 95.08M | 102.08M | 105.96M | 96.27M | 94.01M | 124.42M | 106.22M | 105.68M | 0 |
Goodwill & Intangibles | 736.91M | 1.15B | 1.22B | 1.28B | 1.27B | 1.21B | 1.22B | 1.13B | 1.18B | 1.5B |
Goodwill | 660.04M | 809.61M | 774.53M | 800.27M | 798.87M | 800.42M | 807.16M | 804.82M | 0 | 1.17B |
Intangible Assets | 76.88M | 339.64M | 446.23M | 481.75M | 471.21M | 409.16M | 409.45M | 327.88M | 1.18B | 325.05M |
PP&E (Net) | 37.67M | 53.23M | 152.24M | 174.69M | 155.27M | 128.6M | 129.98M | 130.28M | 120.63M | 0 |
Other Assets | 57.22M | 37.11M | 42.15M | 21.89M | 33.39M | 31.27M | 34.53M | 40.36M | 71.28M | 0 |
Total Current Assets | 437.27M | 304.1M | 461.28M | 575.34M | 559.45M | 651.03M | 720.73M | 781.35M | 831.32M | 645.42M |
Total Non-Current Assets | 794.14M | 1.24B | 1.42B | 1.49B | 1.46B | 1.37B | 1.38B | 1.3B | 1.46B | 1.17B |
Total Assets | 1.23B▲ 0% | 1.54B▲ 25.4% | 1.88B▲ 21.8% | 2.06B▲ 9.6% | 2.02B▼ 2.1% | 2.02B▲ 0.1% | 2.1B▲ 4.0% | 2.08B▼ 0.8% | 2.29B▲ 9.9% | 2.14B▲ 0% |
Asset Growth % | 6.61% | 25.36% | 21.8% | 9.61% | -2.07% | 0.11% | 4.03% | -0.82% | 9.85% | 36.6% |
Return on Assets (ROA) | 24.42% | 15.88% | 15.91% | 16.56% | 13.25% | 11.86% | 14.51% | 12.82% | 18.44% | 18.2% |
Accounts Payable | 47.59M | 56.11M | 69.01M | 61.74M | 64.02M | 73.9M | 88.29M | 97.21M | 0 | 0 |
Total Debt | 170M | 135M | 221.12M | 212.77M | 346.07M | 452.78M | 457.94M | 461.97M | 457.01M | 348.43M |
Net Debt | -146.26M | -21.83M | -28.06M | -89.05M | 112.74M | 116M | 74.76M | -42.47M | -126.88M | -296.98M |
Long-Term Debt | 170M | 135M | 100M | 75M | 223.35M | 347.58M | 347.84M | 348.11M | 348.37M | 348.43M |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.15M | 0 |
Other Liabilities | 53.73M | 222.22M | 188.51M | 224.49M | 241.64M | 221.16M | 218.75M | 199.5M | 325.31M | 0 |
Total Current Liabilities | 128.85M | 181.18M | 230.71M | 265.45M | 270.71M | 257.41M | 287.34M | 289.19M | 20.15M | 240.68M |
Total Non-Current Liabilities | 341.35M | 505.38M | 396.05M | 421.41M | 570.26M | 655.55M | 660.4M | 644.77M | 1.01B | 348.43M |
Total Liabilities | 470.19M | 686.56M | 626.76M | 686.86M | 840.97M | 912.97M | 947.75M | 933.96M | 1.03B | 589.11M |
Total Equity | 791.38M▲ 0% | 1.04B▲ 31.4% | 1.25B▲ 20.6% | 1.37B▲ 9.6% | 1.18B▼ 14.3% | 1.11B▼ 5.9% | 1.15B▲ 4.2% | 1.15B▼ 0.3% | 1.26B▲ 9.8% | 1.61B▲ 0% |
Equity Growth % | 32.62% | 31.37% | 20.56% | 9.62% | -14.32% | -5.92% | 4.21% | -0.29% | 9.8% | 82.83% |
Equity / Assets (Capital Ratio) | 64.27% | 67.35% | 66.66% | 66.67% | 58.33% | 54.81% | 54.91% | 55.2% | 55.17% | 75.25% |
Return on Equity (ROE) | 41.98% | 24.06% | 23.75% | 24.84% | 21.19% | 20.96% | 26.44% | 23.28% | 33.41% | 29.52% |
Book Value per Share | 8.12 | 10.72 | 12.89 | 14.25 | 12.58 | 12.91 | 13.76 | 14.49 | 16.82 | 22.21 |
Tangible BV per Share | 0.56 | -1.13 | 0.34 | 0.95 | -0.99 | -1.19 | -0.75 | 0.23 | 1.06 | 1.57 |
Common Stock | 1.04B | 1.14B | 392.21M | 418.86M | 449.12M | 441.14M | 475M | 503.52M | 532.6M | -929.5M |
Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 2K | 0 | 0 | 0 |
Retained Earnings | 697.36M | 791.82M | 930.35M | 1.03B | 1.19B | 1.02B | 1.19B | 1.26B | 1.53B | 1.59B |
Accumulated OCI | -790K | -14.62M | -249K | 15.17M | 16.36M | -45.68M | -19.91M | -32.08M | 6.48M | -2.42M |
Treasury Stock | -278.73M | -287.34M | -281.03M | -324.73M | -538.46M | -365.36M | -521.4M | -632.84M | -873.21M | 0 |
Preferred Stock | 697.36M | 791.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Federated Hermes, Inc. (FHI) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 270.38M | 206.28M | 334.94M | 373.24M | 170.38M | 323.95M | 311.83M | 346.55M | 297.35M | 311.89M |
Operating CF Growth % | 6.97% | -23.71% | 62.37% | 11.44% | -54.35% | 90.13% | -3.74% | 11.14% | -14.2% | 38.14% |
Net Income | 294.9M | 222.3M | 277.13M | 336.02M | 272.31M | 234.56M | 304.78M | 268.43M | 385.16M | 398.9M |
Depreciation & Amortization | 10.64M | 17.09M | 25.92M | 28.56M | 30.01M | 28.09M | 26.87M | 22.43M | 22.26M | 22.1M |
Deferred Taxes | -59.27M | 12.26M | 7.45M | 18.17M | 19.03M | -18.72M | 4.25M | -14.94M | 0 | 20.63M |
Other Non-Cash Items | 14.93M | 25.41M | -32.36M | -32.68M | -177.97M | 40.56M | -45.88M | 24.27M | -105.95M | -242.53M |
Working Capital Changes | -13.32M | -94.67M | 23.85M | -12.29M | -12.7M | 3.96M | -12.14M | 17.57M | -3.36M | 87.17M |
Cash from Investing | 117.97M | -174.44M | -94.68M | -24.82M | 10.82M | -32.36M | -30.61M | 64.25M | 165.93M | 10.52M |
Purchase of Investments | -8.13M | -7.27M | -103.44M | -25.51M | -9.43M | -22.64M | 0 | -76.09M | -18.69M | -10.72M |
Sale/Maturity of Investments | 140.25M | 23.08M | 90.42M | 32.48M | 143.63M | 77.94M | 0 | 0 | 206.16M | 32.58M |
Net Investment Activity | 132.12M | 15.82M | -13.02M | 6.96M | 134.2M | 55.3M | 0 | -76.09M | 187.47M | 21.86M |
Acquisitions | -4.35M | -157.38M | -21.59M | -11.32M | 26.56M | -27.98M | 0 | -3.24M | -12.76M | -2.35M |
Other Investing | 15.15M | 211K | -45.02M | -6.96M | -139.52M | -55.3M | -22.7M | 143.57M | -6.03M | -7.2M |
Cash from Financing | -176.92M | -186.12M | -152.68M | -295.14M | -249.47M | -168.51M | -243.09M | -286.4M | -401.81M | -203.38M |
Dividends Paid | -101.51M | -106.94M | -109.15M | -207.76M | -105.76M | -97.92M | -98.09M | -184.81M | -104.87M | -105.51M |
Share Repurchases | -48.64M | -29.25M | -15.74M | -66.76M | -228.35M | -218.14M | -177.07M | -137.62M | -262.77M | -207.37M |
Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net Stock Activity | -48.64M | -29.25M | -15.74M | -66.76M | -228.35M | -218.14M | -177.07M | -137.62M | -262.77M | -207.37M |
Debt Issuance (Net) | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 0 | 0 | 0 | 0 |
Other Financing | -5.52M | -14.93M | 7.21M | 4.39M | -63.71M | 20.89M | 32.07M | 36.03M | -34.16M | 44.77M |
Net Change in Cash | 211.43M▲ 0% | -159.38M▼ 175.4% | 92.08M▲ 157.8% | 59.12M▼ 35.8% | -70.58M▼ 219.4% | 102.9M▲ 245.8% | 46M▼ 55.3% | 120.61M▲ 162.2% | 76.79M▼ 36.3% | 126.34M▲ 0% |
Exchange Rate Effect | 0 | -5.11M | 4.51M | 5.84M | -2.31M | -20.17M | 7.87M | -3.79M | 15.32M | 7.32M |
Cash at Beginning | 104.84M | 316.81M | 157.43M | 249.51M | 308.63M | 238.05M | 340.95M | 386.95M | 507.57M | 584.38M |
Cash at End | 316.26M | 157.43M | 249.51M | 308.63M | 238.05M | 340.95M | 386.95M | 507.57M | 584.38M | 514.38M |
Interest Paid | 4.11M | 5.32M | 4.61M | 2.39M | 1.13M | 7.18M | 11.65M | 11.59M | 0 | 0 |
Income Taxes Paid | 118.41M | 61.57M | 72.61M | 98.73M | 91.92M | 85.58M | 108.64M | 125.87M | 0 | 0 |
Free Cash Flow | 260.58M▲ 0% | 189.01M▼ 27.5% | 319.89M▲ 69.2% | 359.74M▲ 12.5% | 159.96M▼ 55.5% | 319.58M▲ 99.8% | 303.92M▼ 4.9% | 342.53M▲ 12.7% | 294.58M▼ 14.0% | 306.95M▲ 0% |
FCF Growth % | 8.6% | -27.47% | 69.25% | 12.46% | -55.53% | 99.78% | -4.9% | 12.71% | -14% | -11.26% |
Federated Hermes, Inc. (FHI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 41.98% | 24.06% | 23.75% | 24.84% | 21.19% | 20.96% | 26.44% | 23.28% | 33.41% | 29.52% |
Return on Assets (ROA) | 24.42% | 15.88% | 15.91% | 16.56% | 13.25% | 11.86% | 14.51% | 12.82% | 18.44% | 18.2% |
Net Interest Margin | -0.39% | -0.38% | -0.27% | 0.2% | 0.07% | -0.1% | -0.6% | 1.25% | 0.55% | -0.14% |
Efficiency Ratio | 42.81% | 39.68% | 40.46% | 36.37% | 30.89% | 41.24% | 40.92% | 44.74% | 44.01% | 49.86% |
Equity / Assets | 64.27% | 67.35% | 66.66% | 66.67% | 58.33% | 54.81% | 54.91% | 55.2% | 55.17% | 75.25% |
Book Value / Share | 8.12 | 10.72 | 12.89 | 14.25 | 12.58 | 12.91 | 13.76 | 14.49 | 16.82 | 22.21 |
NII Growth | -14.35% | -23.32% | 14.41% | 181.77% | -66.35% | -251.52% | -496.14% | 308.2% | -51.81% | 76.53% |
Dividend Payout | 34.84% | 48.54% | 40.08% | 63.66% | 39.13% | 40.88% | 32.81% | 68.88% | 26% | 19.95% |
Federated Hermes, Inc. (FHI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 30, 2026·SEC
Apr 9, 2026·SEC
Jan 30, 2026·SEC
Federated Hermes, Inc. (FHI) stock FAQ — growth, dividends, profitability & financials explained
Federated Hermes, Inc. (FHI) grew revenue by 11.0% over the past year. This is steady growth.
Yes, Federated Hermes, Inc. (FHI) is profitable, generating $398.9M in net income for fiscal year 2025 (22.3% net margin).
Yes, Federated Hermes, Inc. (FHI) pays a dividend with a yield of 2.36%. This makes it attractive for income-focused investors.
Federated Hermes, Inc. (FHI) has a return on equity (ROE) of 33.4%. This is excellent, indicating efficient use of shareholder capital.
Federated Hermes, Inc. (FHI) has a net interest margin (NIM) of 0.5%. NIM has been under pressure due to interest rate environment.
Federated Hermes, Inc. (FHI) has an efficiency ratio of 44.0%. This is excellent, indicating strong cost control.