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.
Follow FHI
Federated Hermes, Inc. (FHI) P/E ratio
As of 16 October 2026, Federated Hermes, Inc. (FHI) trades at a P/E ratio of 10.4×. Over the past ten years it has ranged from 4.9× (March 2020) to 24.5× (February 2015); the current reading is higher than 24% of that period. That is below the Asset Management industry median of 14.0× and below the Financial sector median of 12.4×.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 10.1× | (21.39%) |
| FY2024 | 12.9× | 30.02% |
| FY2023 | 9.9× | (29.29%) |
| FY2022 | 14.0× | 2.96% |
| FY2021 | 13.6× | 52.70% |
| FY2020 | 8.9× | (26.40%) |
| FY2019 | 12.1× | (0.52%) |
| FY2018 | 12.2× | (1.08%) |
| FY2017 | 12.3× | (12.95%) |
| FY2016 | 14.1× | (19.54%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 10.3× | (6.61%) |
| Mar 2026 | 11.0× | 8.49% |
| Dec 2025 | 10.1× | (6.56%) |
| Sep 2025 | 10.8× | 10.32% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| STEP StepStone Group Inc. compare | n/m |
| FHI Federated Hermes, Inc. | 10.4× |
| MAIN Main Street Capital Corporation compare | 10.8× |
| OTF Blue Owl Technology Finance Corp. compare | 11.4× |
| HLNE Hamilton Lane Inc. compare | 12.3× |
| OBDC Blue Owl Capital Corporation compare | 18.1× |
| CNS Cohen & Steers Inc compare | 21.3× |
| AAMI Acadian Asset Management Inc. compare | 32.5× |
| HASI HA Sustainable Infrastructure Capital, Inc. compare | 55.2× |
| Asset Management industry median | 14.0× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)