Federated Hermes, Inc.

Federated Hermes, Inc.

FHI
Federated Hermes, Inc.US flagNew York Stock Exchange
64.13
USD
+0.58
- -
4.87BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.73
8.53
9.22
11.54
11.32
11.71
13.64
15.02
13.89
16.86
19.19
20.55
23.98
19.58
Basic EPS, GAAP
1.61
1.48
1.69
2.11
2.99
2.27
2.8
3.38
2.89
2.79
3.57
3.38
5.37
- -
Free Cash Flow per Basic Share
2.49
1.82
2.26
2.55
3.88
1.95
3.29
3.73
1.71
3.73
3.62
4.31
3.92
3.93
Dividend per Share
1.02
1.04
1.04
2.07
1.04
1.1
1.12
2.15
1.13
1.14
1.17
2.33
1.4
1.08
Book Value per Share
5.4
5.81
6.22
5.86
7.53
8.5
10.3
11.45
11.92
11.71
13.3
13.39
15.67
- -
Tangible Book Value per Share
-0.96
-0.53
-0.15
-0.67
0.24
-2.9
-1.77
-1.46
-1.67
-1.84
-1.04
-0.46
0.17
- -
Basic Weighted Avg Shares
101
101
100
99
97
97
97
96
94
86
84
79
75
73
Sales/Revenue/Turnover
878
859
927
1,143
1,103
1,136
1,327
1,448
1,300
1,446
1,610
1,632
1,801
1,431
Operating Margin (%)
28.66
27.69
30.16
29.36
30.96
29.08
26.22
29.83
29.23
26.34
24.94
27.01
29.3
28.07
Depreciation Expense
10
11
10
10
11
17
28
30
30
28
27
22
22
16
Net Income, GAAP
162
149
170
209
291
220
272
326
270
239
299
268
403
- -
Effective Tax Rate (%)
35.77
37.41
37.44
35.03
16.22
24.94
24.13
24.67
27.63
23.4
25.9
29.66
24.37
24.6
Profit Margin (%)
18.46
17.37
18.33
18.27
26.42
19.4
20.52
22.53
20.78
16.56
18.58
16.44
22.4
- -
Working Capital
125
193
237
197
308
123
231
310
289
394
433
492
550
- -
LT Debt
198
217
191
166
170
135
208
197
329
434
442
445
437
- -
Total Equity
566
610
649
596
761
857
1,041
1,374
1,177
1,108
1,154
1,151
1,263
- -
Return on Invested Capital (%)
19.5
17.58
20.36
26.39
33.31
25.78
23.42
22.84
17.69
18.92
18.75
19.23
23.94
34.87
Return on Capital (%)
20.02
18.26
19.83
24.09
33.96
23.16
24.07
22.37
17.34
16.4
19.07
17.19
24.13
0.61
Return on Common Equity (%)
30.55
25.39
27.01
33.62
42.97
27.23
28.69
29.97
24.02
22.18
27.51
24.13
35.19
- -

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
20
19
- -
LT Borrowings
348
348
- -
LT Finance Leases
88
83
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
76
76
76
Market Capitalization
3,978
4,283
4,192

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
864
789
- -
Cash, Cash Equivalents & STI
724
645
- -
Accounts Receivable, Net
48
50
- -
Inventories
- -
- -
- -
Total Current Liabilities
314
241
- -
Payables & Accruals
99
131
- -
ST Debt
20
19
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.91%
-1.3%
9.8%
Free Cash Flow
13.05%
7.61%
-14%
Net Income, GAAP
11.79%
7.26%
50.31%
Sales/Revenue/Turnover
7.28%
4.81%
10.33%
Total Cash Common Dividend
13.24%
-2.24%
-43.25%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
396
403
408
425
1,632
2025
424
425
469
483
1,801
2026
479
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.38
2025
- -
- -
- -
- -
5.37
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
1.38
0.32
0.32
2.33
2025
0.33
0.36
0.36
0.36
1.4
2026
0.36
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
John Christopher Donahue
Full Time Employees
2,091
Sector
Financial Services
Industry
Asset Management
Address
1001 Liberty Avenue Pittsburgh PA United States of America 15222-3779
IPO Date
May 14, 1998
Business
Federated Hermes, Inc. (FHI) is an independent, publicly owned investment manager focused on active management and responsible investing across diverse asset classes. The company offers a comprehensive range of investment products and services, including mutual funds; exchange-traded funds (ETFs) such as the Short Duration Corporate ETF (FCSH), Short Duration High Yield ETF (FHYS), U.S. Strategic Dividend ETF (FDV), Total Return Bond ETF (FTRB), and MDT Large Cap Core, Growth, and Value ETFs (FLCC, FLCG, FLCV); separately managed accounts and institutional separate accounts through subsidiaries like Federated Global Investment Management Corp., Federated Investment Counseling, and Federated MDTA LLC; closed-end funds; collective investment funds such as the Capital Preservation Fund, Prime Cash Fund, Total Return Bond Fund, and High Yield Bond Fund; variable annuity funds; and U.S. private funds including the Project and Trade Finance Core Fund. Its strategies encompass equity, fixed-income, alternative and private markets (real estate, infrastructure, private equity, debt), multi-asset solutions, and liquidity management, with a strong emphasis on environmental, social, and governance (ESG) integration, stewardship through EOS at Federated Hermes, and active equities characterized by proprietary fundamental and engagement research. Federated Hermes serves a broad client base comprising individuals, high-net-worth investors, corporations, government entities, insurance companies, foundations, endowments, banks, and broker/dealers. The firm operates globally with primary offices in Pittsburgh, Pennsylvania (headquarters), New York City, Chicago, London, United Kingdom, and Dublin, Ireland, managing approximately $829.6 billion in customer assets as of December 2024. Founded in 1955 and headquartered at 1001 Liberty Avenue in Pittsburgh, Pennsylvania, the company rebranded from Federated Investors, Inc. to Federated Hermes, Inc. in February 2020 following its 2018 acquisition of a majority stake in Hermes Fund Managers Limited, enhancing its responsible investing capabilities and changing its NYSE ticker from FII to FHI. Recent strategic developments include the April 2025 acquisition of a majority stake in Rivington Energy Partners to bolster project development expertise in energy infrastructure; the October 2025 agreement to acquire an 80% stake in FCP Fund Manager L.P., a multifamily real estate manager, for up to $331 million to expand private markets offerings; and the August 2025 merger of its Property Unit Trust into Legal & General's Managed Property Fund. New product launches in recent years feature sustainable strategies like Biodiversity Equity, Sustainable Global Investment Grade Credit Fund, GPE Innovation Fund II, and Climate Change High Yield Credit Fund with a Paris-aligned benchmark.

Company News

APIChatGPT
  • Federated Hermes (FHI) is a Top-Ranked Momentum Stock: Should You Buy?

  • Federated Hermes Premier Municipal Income Fund declares dividend

  • Federated Hermes Q2 Earnings Call Highlights

  • Federated Hermes Q2 Earnings Beat Estimates on Record Managed Assets

  • Federated Hermes, Inc. (FHI) Q2 2026 Earnings Call Transcript

  • Federated Hermes (FHI) Q2 Earnings and Revenues Beat Estimates

  • Federated Hermes, Inc. reports record assets under management with second quarter 2026 earnings

  • Federated Hermes (FHI) Could Be a Great Choice

  • Here's Why Federated Hermes (FHI) is a Strong Value Stock

  • Arrowstreet Capital Limited Partnership Cuts Holdings in Federated Hermes, Inc. $FHI

  • Dimensional Fund Advisors LP Decreases Stake in Federated Hermes, Inc. $FHI

  • Here's Why Federated Hermes (FHI) is a Strong Momentum Stock

  • Federated Hermes (FHI) Reports Next Week: Wall Street Expects Earnings Growth

  • Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

  • Federated Hermes Premier Municipal Income Fund declares dividend

  • Why Federated Hermes (FHI) is a Top Value Stock for the Long-Term

  • Federated Hermes, Inc. announces second quarter 2026 earnings and conference call dates

  • Why Federated Hermes (FHI) is a Top Momentum Stock for the Long-Term

  • Why Federated Hermes (FHI) is a Great Dividend Stock Right Now

  • Federated Hermes launches active, short-duration fixed-income ETF