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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/S ratio

Alert me on P/S ratio

As of 5 November 2026, Federated Hermes, Inc. (FHI) trades at a P/S ratio of 2.3×. Over the past ten years it has ranged from 1.0× (March 2020) to 4.1× (February 2015); the current reading is higher than 56% of that period. That is below the Asset Management industry median of 3.0× and in line with the Financial sector median of 2.3×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.2× 8.55%
FY2024 2.0× 13.61%
FY2023 1.8× (20.39%)
FY2022 2.2× (18.36%)
FY2021 2.7× 40.74%
FY2020 1.9× (19.42%)
FY2019 2.4× 5.40%
FY2018 2.3× (27.87%)
FY2017 3.1× 26.26%
FY2016 2.5× (19.89%)

Quarterly newest first

Period P/S ratio Change
Sep 2026 2.0× (1.20%)
Jun 2026 2.1× (7.46%)
Mar 2026 2.2× 2.21%
Dec 2025 2.2× (1.60%)
43 more quarters

Against its own ten years

Low 1.0× High 4.1×
Ten-year median 2.3×
Current reading's percentile 61

P/S ratio against peers

Company P/S ratio
STEP StepStone Group Inc. compare 1.7×
FHI Federated Hermes, Inc. 2.3×
OBDC Blue Owl Capital Corporation compare 3.3×
OTF Blue Owl Technology Finance Corp. compare 3.3×
BXSL Blackstone Secured Lending Fund compare 4.3×
HLNE Hamilton Lane Inc. compare 4.3×
CNS Cohen & Steers Inc compare 6.3×
MAIN Main Street Capital Corporation compare 9.3×
HASI HA Sustainable Infrastructure Capital, Inc. compare 11.0×
Asset Management industry median 3.0×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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