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Friday 6 November 2026 Export FHI’s income statement to Excel — free account

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

64.02 1.71 −2.60%
Market cap
$4.7B
P/E
11.6×
Fwd P/E
10.4×
Dividend yield
2.25%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Federated Hermes, Inc. (FHI) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Federated Hermes, Inc. (FHI) trades at a P/B ratio of 3.5×. Over the past ten years it has ranged from 1.2× (March 2020) to 5.8× (February 2015); the current reading is higher than 68% of that period. That is above the Asset Management industry median of 0.9× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.3× 9.58%
FY2024 3.0× 18.68%
FY2023 2.5× (17.86%)
FY2022 3.1× (3.30%)
FY2021 3.2× 28.98%
FY2020 2.5× (19.45%)
FY2019 3.0× 1.36%
FY2018 3.0× (34.04%)
FY2017 4.6× (4.67%)
FY2016 4.8× 7.68%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.1× (2.25%)
Jun 2026 3.2× (7.29%)
Mar 2026 3.4× 4.71%
Dec 2025 3.3× 0.86%
43 more quarters

Against its own ten years

Low 1.2× High 5.8×
Ten-year median 3.1×
Current reading's percentile 75

P/B ratio against peers

Company P/B ratio
OTF Blue Owl Technology Finance Corp. compare 0.6×
OBDC Blue Owl Capital Corporation compare 0.8×
BXSL Blackstone Secured Lending Fund compare 1.0×
MAIN Main Street Capital Corporation compare 1.7×
HASI HA Sustainable Infrastructure Capital, Inc. compare 1.9×
HLNE Hamilton Lane Inc. compare 1.9×
FHI Federated Hermes, Inc. 3.5×
STEP StepStone Group Inc. compare 3.6×
CNS Cohen & Steers Inc compare 5.6×
Asset Management industry median 0.9×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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