stockrowFederated 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.
- Revenue
- +8.07%
- EPS
- +11.9%
- Free cash flow
- +18.3%
- Total debt
- +0.08%
Quarter to September 2026, against a year earlier
Follow FHI
Alert me
Federated Hermes, Inc. (FHI) Free cash flow margin
Federated Hermes, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 19.6%, up 3.2 percentage points from fiscal 2025 (16.4%). Over the past ten years it has ranged from 11.9% (fiscal 2021) to 34.2% (fiscal 2017); the current reading is higher than 18% of that period. That is above the Asset Management industry median of 5.96% and above the Financial sector median of 11.4%.
Free cash flow margin, annual
Embed this chart
Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 16.4% | (4.63) |
| FY2024 | 21.0% | 2.11 |
| FY2023 | 18.9% | (3.22) |
| FY2022 | 22.1% | 10.21 |
| FY2021 | 11.9% | (12.95) |
| FY2020 | 24.8% | 5.11 |
| FY2019 | 19.7% | 3.26 |
| FY2018 | 16.5% | (17.76) |
| FY2017 | 34.2% | 12.12 |
| FY2016 | 22.1% | (2.40) |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| OBDC Blue Owl Capital Corporation compare | 146.5% |
| BXSL Blackstone Secured Lending Fund compare | 80.4% |
| HASI HA Sustainable Infrastructure Capital, Inc. compare | 45.1% |
| HLNE Hamilton Lane Inc. compare | 31.2% |
| FHI Federated Hermes, Inc. | 19.6% |
| CNS Cohen & Steers Inc compare | 5.96% |
| STEP StepStone Group Inc. compare | −21.9% |
| MAIN Main Street Capital Corporation compare | −26.1% |
| OTF Blue Owl Technology Finance Corp. compare | −116.1% |
| Asset Management industry median | 5.96% |
| Financial sector median | 11.4% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on FHI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement