Federated Hermes, Inc.

FHI Financial Asset Management

Federated Hermes, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 10.3% from fiscal 2024. In the quarter to June 2026, revenue grew 18.3%, EPS grew 19.0%, free cash flow grew 342.7% and total debt was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years.

55.85 0.62 −1.10%
Market cap
$4.2B
P/E
10.4×
Fwd P/E
11.3×
Dividend yield
2.58%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Revenue
1,143.37 1,102.92 1,135.68 1,326.89 1,448.27 1,300.45 1,445.81 1,609.57 1,632.09 1,800.66
Revenue Growth
23.39% (3.54%) 2.97% 16.84% 9.15% (10.21%) 11.18% 11.33% 1.40% 10.33%
Gross Profit
1,143.37 1,102.92 1,135.68 1,326.89 1,448.27 1,300.45 1,445.81 1,609.57 1,632.09 1,800.66
SG&A Expenses
782.73 733.45 775.94 942.21 996.37 895.31 1,027.09 1,156.36 1,157.72 1,254.02
Operating Income
335.68 341.51 330.28 347.93 418.15 366.27 336.80 387.55 361.47 513.88
Non-operating Income/Expense
5.25 10.49 (34.11) 17.34 27.91 10.02 (30.57) 23.78 20.14 33.64
EBT
340.93 352.00 296.17 365.27 446.06 376.29 306.22 411.33 381.61 547.53
Income Tax Provision
119.42 57.10 73.88 88.15 110.04 103.98 71.66 106.55 113.18 133.43
Income after Tax
221.51 294.90 222.30 277.13 336.02 272.31 234.56 304.78 268.43 414.10
Dividends (Preferred)
7.63 11.42 8.56 11.11 14.95 12.44 11.83 13.98 11.61 18.14
Non-Controlling Interest
12.60 3.56 2.00 4.79 9.66 2.02 (4.93) 5.80 0.12 10.80
Net Income Common
201.29 279.92 211.74 261.23 311.41 257.86 227.67 285.00 256.71 385.16
EPS (Basic)
2.03 2.87 2.18 2.69 3.25 2.77 2.65 3.40 3.23 5.13
EPS (Diluted)
2.03 2.87 2.18 2.69 3.23 2.75 2.65 3.40 3.23 5.13
Shares (Basic, Weighted)
99.12 97.41 96.95 97.26 96.50 93.75 85.76 83.86 79.43 75.10
Shares (Diluted, Weighted)
99.12 97.41 96.95 97.26 96.50 93.77 85.77 83.86 79.43 75.10
Gross Margin
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBIT Margin
29.36% 30.96% 29.08% 26.22% 28.87% 28.17% 23.29% 24.08% 22.15% 28.54%
EBT margin
29.82% 31.92% 26.08% 27.53% 30.80% 28.94% 21.18% 25.56% 23.38% 30.41%
Net Profit Margin
17.60% 25.38% 18.64% 19.69% 21.50% 19.83% 15.75% 17.71% 15.73% 21.39%
Free Cash Flow Margin
22.11% 34.23% 16.47% 19.73% 24.84% 11.89% 22.10% 18.88% 20.99% 16.36%
EBITDA
357.24 360.17 350.33 375.93 448.08 396.28 364.88 414.38 383.90 536.14
EBIT
335.68 341.51 330.28 347.93 418.15 366.27 336.80 387.55 361.47 513.88
Income from Continuous Operations
221.51 294.90 222.30 277.13 336.02 272.31 234.56 304.78 268.43 414.10
Consolidated Net Income/Loss
221.51 294.90 222.30 277.13 336.02 272.31 234.56 304.78 268.43 414.10
EPS (Basic, from Continuous Ops)
2.23 3.03 2.29 2.85 3.48 2.90 2.74 3.63 3.38 5.51
EPS (Basic, Consolidated)
2.23 3.03 2.29 2.85 3.48 2.90 2.74 3.63 3.38 5.51
EPS (Diluted, from Cont. Ops)
2.23 3.03 2.29 2.85 3.48 2.90 2.73 3.63 3.38 5.51
Shares (Diluted, Average)
99.12 97.41 96.95 97.26 96.42 93.60 85.76 83.86 79.43 75.10
EPS (Diluted, Consolidated)
2.23 3.03 2.29 2.85 3.48 2.90 2.73 3.63 3.38 5.51
EBITDA Margin
31.24% 32.66% 30.85% 28.33% 30.94% 30.47% 25.24% 25.74% 23.52% 29.77%
Operating Cash Flow Margin
23.24% 35.12% 18.16% 25.24% 25.77% 13.10% 22.41% 19.37% 21.23% 16.51%

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In millions of $ except per-share values · columns are period end dates