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
Older periods Sep '25 Dec '25 Mar '26 Jun '26
P/E ratio

+8 more quarters

10.84 10.13 10.99 10.26
P/S ratio
2.21 2.17 2.22 2.05
P/FCF ratio
14.84 13.27 13.50 10.83
P/Operating CF
37.32 24.26 142.81 49.12
P/B ratio
3.24 3.27 3.42 3.17
Price to Tangible BV
0.00 293.23 135.82 0.00
EV/Sales
2.12 2.04 2.13 2.08
EV/EBITDA
8.29 6.86 7.45 7.33
EV/Operating CF
14.03 12.36 12.68 10.75
EV/FCF
14.23 12.48 12.95 10.95
Quick Ratio
2.37 2.14 2.52 1.67
Current Ratio
3.13 2.75 3.28 2.59
Net Debt/EBITDA
(1.17) (1.66) (1.26) 0.33
Debt/Assets
15.96% 15.63% 16.25% 14.96%
Debt/Equity
0.29 0.29 0.29 0.28
Asset Turnover
0.83 0.83 0.90 0.86
Operating CF/Net income
1.04 1.58 0.31 0.81
Capex/Depreciation
(0.25) 0.08 (0.92) (0.15)
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
68.12% 68.79% 71.37% 70.02%
Intangible Assets out of Total Assets
0.55 0.53 0.55 0.65
Share Based Compensation of Revenue
1.21% 1.23% 2.56% 1.24%
Graham Net Nets
(0.05) (0.04) (0.04) (0.10)
Graham Number
41.57 42.93 43.87 45.91
Earnings Yield
9.22% 9.87% 9.10% 9.74%
Free Cash Flow Yield
6.74% 7.53% 7.41% 9.24%
Revenue per Share
6.34 6.43 6.59 6.99
Operating CF per Share
1.39 2.15 0.40 1.12
Capex per Share
(0.02) 0.01 (0.07) (0.02)
Free Cash Flow per Share
1.37 2.15 0.33 1.11
Cash per Share
6.84 7.76 7.07 4.19
Shareholders Equity per Share
16.03 15.94 16.58 17.41
Interest Debt per Share
0.00 0.00 0.00 0.00
Book value per Share
16.03 15.94 16.58 17.41
Free Cash Flow
101.63 161.63 24.00 79.68
Working Capital
545.94 549.65 547.89 405.71
Capital Expenditures
(1.43) 0.43 (4.84) (1.19)
Net Current Asset Value
(192.65) (168.60) (150.92) (416.96)
EV/EBIT
7.55 7.15 7.78 7.67
Capex to Sales
0.00 0.00 0.01 0.00
Price to Operating Income
7.87 7.61 8.10 7.58
Other line items
Average Receivables
110.32 98.00 98.35 113.13
Average Payables
94.76 99.53 97.30 96.35
Average Inventory
165.59 139.18 142.90 207.74
Average Assets
2,109.91 2,157.01 2,072.93 2,240.87
Average Common Equity
1,135.40 1,146.08 1,140.23 1,183.40

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Columns are period end dates