Saturday 17 October 2026 Export FHI’s income statement to Excel — free account

Federated Hermes, Inc.

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%

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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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	14.14	12.31	12.18	12.12	8.92	13.62	14.02	9.91	12.89	10.13
Piotroski F-Score Full definition →	7	6	4	5	7	3	6	7	6	7
P/S ratio Full definition →	2.49	3.14	2.27	2.39	1.93	2.71	2.21	1.76	2.00	2.17
P/FCF ratio Full definition →	11.26	9.18	13.62	9.91	7.75	22.03	10.01	9.33	9.53	13.27
P/Operating CF Full definition →	31.56	18.24	21.89	25.85	21.48	50.75	24.15	21.87	25.77	24.26
P/B ratio Full definition →	4.78	4.55	3.00	3.04	2.45	3.16	3.06	2.51	2.98	3.27
Price to Tangible BV Full definition →	0.00	142.63	0.00	0.00	0.00	0.00	0.00	0.00	0.00	293.23
EV/Sales Full definition →	2.54	3.01	2.25	2.28	1.77	2.70	2.22	1.74	1.90	2.04
EV/EBITDA Full definition →	8.14	9.22	7.28	8.03	5.72	8.87	8.79	6.75	8.10	6.86
EV/Operating CF Full definition →	10.94	8.57	12.37	9.02	6.86	20.62	9.91	8.98	8.97	12.36
EV/FCF Full definition →	11.50	8.79	13.50	9.44	7.12	21.96	10.04	9.21	9.08	12.48
Quick Ratio Full definition →	0.92	2.87	1.39	1.52	1.54	1.22	1.67	1.77	2.11	2.14
Current Ratio Full definition →	2.21	3.39	1.68	2.00	2.17	2.07	2.53	2.51	2.70	2.75
Net Debt/EBITDA Full definition →	0.17	(0.41)	(0.06)	(0.40)	(0.51)	(0.03)	0.03	(0.09)	(0.41)	(0.44)
Debt/Assets Full definition →	14.35%	13.81%	8.75%	5.32%	3.64%	11.07%	17.20%	16.55%	16.70%	15.63%
Debt/Equity Full definition →	0.28	0.22	0.16	0.10	0.07	0.20	0.33	0.31	0.32	0.29
Asset Turnover Full definition →	0.98	0.92	0.82	0.78	0.74	0.64	0.72	0.78	0.78	0.83
Operating CF/Net income Full definition →	1.32	1.38	0.97	1.28	1.20	0.66	1.42	1.09	1.35	0.77
Capex/Depreciation Full definition →	(0.60)	(0.53)	(0.96)	(2.61)	(0.45)	(0.52)	(0.16)	(0.29)	(0.18)	(0.12)
ROE Full definition →	32.34%	41.26%	26.17%	27.52%	28.59%	22.91%	21.08%	26.22%	23.09%	33.61%
ROA Full definition →	17.19%	23.46%	15.26%	15.26%	15.80%	12.64%	11.27%	13.83%	12.26%	17.86%
ROIC Full definition →	31.95%	34.71%	24.71%	24.38%	28.71%	20.73%	19.92%	22.16%	24.06%	33.36%
Return on Tangible Assets Full definition →	85.11%	80.88%	120.21%	92.54%	85.90%	76.81%	53.02%	61.41%	49.58%	67.04%
Average Days of Receivables Full definition →	14.30	17.70	30.56	28.08	26.71	27.02	23.73	28.21	23.76	18.20
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	68.46%	66.50%	68.32%	71.01%	68.80%	68.85%	71.04%	71.84%	70.93%	69.64%
Intangible Assets out of Total Assets Full definition →	0.63	0.60	0.74	0.65	0.62	0.63	0.60	0.58	0.54	0.53
Share Based Compensation of Revenue Full definition →	1.96%	2.04%	2.48%	2.48%	2.45%	3.05%	2.46%	2.11%	1.76%	1.62%
Graham Net Nets Full definition →	(0.07)	(0.01)	(0.15)	(0.12)	(0.12)	(0.10)	(0.10)	(0.09)	(0.06)	(0.04)
Graham Number Full definition →	16.57	22.54	20.82	25.46	29.31	27.16	27.01	32.13	31.46	42.93
Earnings Yield Full definition →	7.07%	8.12%	8.21%	8.25%	11.21%	7.34%	7.13%	10.09%	7.76%	9.87%
Free Cash Flow Yield Full definition →	8.88%	10.89%	7.34%	10.09%	12.90%	4.54%	9.99%	10.72%	10.49%	7.53%
Revenue per Share Full definition →	11.54	11.32	11.71	13.64	15.01	13.87	16.86	19.19	20.55	23.98
Operating CF per Share Full definition →	2.68	3.98	2.13	3.44	3.87	1.82	3.78	3.72	4.36	3.96
Capex per Share Full definition →	(0.13)	(0.10)	(0.20)	(0.75)	(0.14)	(0.17)	(0.05)	(0.09)	(0.05)	(0.04)
Free Cash Flow per Share Full definition →	2.55	3.88	1.93	2.69	3.73	1.65	3.73	3.62	4.31	3.92
Cash per Share Full definition →	1.06	3.25	1.62	2.56	3.13	2.49	3.93	4.57	6.35	7.76
Shareholders Equity per Share Full definition →	6.01	7.81	8.84	10.71	11.78	11.88	12.19	13.45	13.79	15.94
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	6.01	7.81	8.84	10.71	11.78	11.88	12.19	13.45	13.79	15.94
Free Cash Flow Full definition →	252.83	377.58	187.05	261.85	359.74	154.64	319.58	303.92	342.53	294.58
Working Capital Full definition →	197.22	308.43	122.92	230.57	309.90	288.74	393.62	433.39	492.16	549.65
Capital Expenditures Full definition →	(12.84)	(9.80)	(19.24)	(73.09)	(13.50)	(15.74)	(4.37)	(7.91)	(4.02)	(2.76)
Net Current Asset Value Full definition →	(199.56)	(32.92)	(382.46)	(377.57)	(348.50)	(344.72)	(323.76)	(252.86)	(208.13)	(168.60)
EV/EBIT Full definition →	8.66	9.72	7.73	8.68	6.12	9.59	9.53	7.22	8.60	7.15
Capex to Sales Full definition →	0.01	0.01	0.02	0.06	0.01	0.01	0.00	0.00	0.00	0.00
Price to Operating Income Full definition →	8.48	10.15	7.79	9.11	6.67	9.62	9.50	7.31	9.03	7.61
Other line items
Depreciation/Fixed assets Full definition →	0.55	0.50	0.38	0.54	0.57	0.64	0.79	0.87	0.88	0.90
Cash ROIC Full definition →	29.18%	30.27%	16.28%	18.83%	23.76%	9.85%	18.47%	16.35%	17.59%	13.84%
Accounts Receivable Turnover Full definition →	29.19	22.44	15.29	13.46	13.92	12.86	15.20	14.74	14.15	18.37
Accounts Payable Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	39.16	49.14	74.28	98.58	104.02	101.12	95.14	109.21	115.32	98.00
Average Payables Full definition →	48.86	50.89	51.85	62.56	65.38	62.88	68.96	81.10	94.15	99.53
Average Inventory Full definition →	185.25	124.79	43.47	62.56	114.21	165.15	189.16	181.23	157.05	139.18
Average Assets Full definition →	1,171.16	1,193.26	1,387.55	1,711.91	1,970.49	2,039.51	2,019.33	2,061.16	2,093.26	2,157.01
Average Common Equity Full definition →	622.38	678.50	809.17	949.20	1,089.14	1,125.51	1,079.85	1,086.97	1,111.73	1,146.08

Fold the line items

Columns are period end dates

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