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
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Federated Hermes, Inc. (FHI) Free cash flow
Federated Hermes, Inc.'s free cash flow for fiscal 2025 was $294.6M, down 14.0% from $342.5M in fiscal 2024. Over the twelve months to 30 September 2026 it was $385.6M. Over the past ten years it has ranged from $154.6M (fiscal 2021) to $377.6M (fiscal 2017); the current reading is higher than 55% of that period. Federated Hermes, Inc. ranks 29th of 116 Asset Management companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $294.6M | (14.00%) |
| FY2024 | $342.5M | 12.71% |
| FY2023 | $303.9M | (4.90%) |
| FY2022 | $319.6M | 106.66% |
| FY2021 | $154.6M | (57.01%) |
| FY2020 | $359.7M | 37.38% |
| FY2019 | $261.8M | 39.99% |
| FY2018 | $187.0M | (50.46%) |
| FY2017 | $377.6M | 49.34% |
| FY2016 | $252.8M | 11.30% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $120.2M | 50.89% |
| Jun 2026 | $79.7M | 231.96% |
| Mar 2026 | $24.0M | (85.15%) |
| Dec 2025 | $161.6M | 59.04% |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| OBDC Blue Owl Capital Corporation compare | $2.4B |
| BXSL Blackstone Secured Lending Fund compare | $1.1B |
| FHI Federated Hermes, Inc. | $385.6M |
| HLNE Hamilton Lane Inc. compare | $271.8M |
| HASI HA Sustainable Infrastructure Capital, Inc. compare | $208.5M |
| CNS Cohen & Steers Inc compare | $35.8M |
| MAIN Main Street Capital Corporation compare | −$149.8M |
| STEP StepStone Group Inc. compare | −$439.4M |
| OTF Blue Owl Technology Finance Corp. compare | −$1.5B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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