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.
- 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) Net margin
Federated Hermes, Inc.'s net margin over the twelve months to 30 September 2026 was 20.3%, down 1.1 percentage points from fiscal 2025 (21.4%). Over the past ten years it has ranged from 15.7% (fiscal 2024) to 25.4% (fiscal 2017); the current reading is higher than 82% of that period. That is above the Asset Management industry median of 11.9% and above the Financial sector median of 14.3%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 21.4% | 5.66 |
| FY2024 | 15.7% | (1.98) |
| FY2023 | 17.7% | 1.96 |
| FY2022 | 15.8% | (4.08) |
| FY2021 | 19.8% | (1.67) |
| FY2020 | 21.5% | 1.81 |
| FY2019 | 19.7% | 1.05 |
| FY2018 | 18.6% | (6.74) |
| FY2017 | 25.4% | 7.78 |
| FY2016 | 17.6% | (0.01) |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 21.1% | 1.25 |
| Jun 2026 | 19.8% | 0.59 |
| Mar 2026 | 19.2% | (1.96) |
| Dec 2025 | 21.2% | (0.01) |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| MAIN Main Street Capital Corporation compare | 78.5% |
| HLNE Hamilton Lane Inc. compare | 32.4% |
| CNS Cohen & Steers Inc compare | 28.2% |
| OTF Blue Owl Technology Finance Corp. compare | 27.1% |
| BXSL Blackstone Secured Lending Fund compare | 21.1% |
| OBDC Blue Owl Capital Corporation compare | 20.8% |
| FHI Federated Hermes, Inc. | 20.3% |
| HASI HA Sustainable Infrastructure Capital, Inc. compare | 18.6% |
| STEP StepStone Group Inc. compare | −30.5% |
| Asset Management industry median | 11.9% |
| Financial sector median | 14.3% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow 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