Federated Hermes, Inc. (FHI) Financial Statements
Industry: Investment Advice
In fiscal 2025, Federated Hermes reported revenue of $1.80B, up 10.3% from $1.63B the year before. Net income was $403.3M (a 22.4% net margin), or $5.13 per diluted share. Operating margin was 28.5%. Operating activities generated $297.3M of cash, leaving $294.6M of free cash flow. At fiscal year end, Federated Hermes held $2.23B in total assets against $965.9M in total liabilities, including $582.5M of cash and equivalents.
Open the full interactive Federated Hermes financials → Quarterly statements, key ratios, valuation history and price charts.
Federated Hermes Key Stats
| Share Price | $55.05 |
|---|---|
| Market Cap | $3.96B |
| P/E Ratio | 10.7 |
| Dividend Yield | 2.71% |
| Revenue YoY Growth | +10.3% |
| 52-Week Range | $46.07 – $65.39 |
| Shares Outstanding | 71.9 million (basic, 2026 Q2) |
Federated Hermes Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.45B | $1.30B | $1.45B | $1.61B | $1.63B | $1.80B |
| Operating Income | $418.2M | $366.3M | $336.8M | $387.5M | $361.5M | $513.9M |
| Pre-Tax Income | $446.1M | $376.3M | $306.2M | $411.3M | $381.6M | $547.5M |
| Income Tax | $110.0M | $104.0M | $71.7M | $106.6M | $113.2M | $133.4M |
| Net Income | $326.4M | $270.3M | $239.5M | $299.0M | $268.3M | $403.3M |
| Diluted EPS | $3.23 | $2.75 | $2.65 | $3.40 | $3.23 | $5.13 |
Federated Hermes Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $469.4M | $482.8M | $479.0M | $502.8M |
| Net Income | $104.1M | $107.0M | $96.4M | $104.3M |
| Diluted EPS | $1.34 | $1.43 | $1.27 | $1.38 |
Federated Hermes Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $301.8M | $233.3M | $336.8M | $383.2M | $504.4M | $582.5M |
| Current Assets | $575.3M | $559.4M | $651.0M | $720.7M | $781.4M | $863.8M |
| Total Assets | $2.06B | $2.02B | $2.02B | $2.10B | $2.08B | $2.23B |
| Current Liabilities | $265.4M | $270.7M | $257.4M | $287.3M | $289.2M | $314.1M |
| Total Long-Term Debt | $75.0M | $223.3M | $347.6M | $347.8M | $348.1M | $348.4M |
| Total Liabilities | $686.9M | $841.0M | $913.0M | $947.7M | $934.0M | $965.9M |
| Shareholders' Equity | $1.14B | $1.11B | $1.05B | $1.13B | $1.10B | $1.20B |
Federated Hermes Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $373.2M | $170.4M | $323.9M | $311.8M | $346.6M | $297.3M |
| Cash From Investing | -$24.8M | $10.8M | -$32.4M | -$30.6M | $64.3M | $2.0M |
| Cash From Financing | -$295.1M | -$249.5M | -$168.5M | -$243.1M | -$286.4M | -$237.9M |
| Free Cash Flow | $359.7M | $160.0M | $319.6M | $303.9M | $342.5M | $294.6M |
| Dividends Paid | — | — | — | — | $184.8M | $104.9M |
Figures from Federated Hermes' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Federated Hermes financials page for every line item.
Federated Hermes Company Profile
| Ticker | FHI |
|---|---|
| Exchange | NYSE |
| Industry | Investment Advice |
| Headquarters | Pittsburgh, Pennsylvania |
| Incorporated in | Pennsylvania |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001056288 |
Frequently Asked Questions
What was Federated Hermes' revenue in fiscal 2025?
Federated Hermes (FHI) reported revenue of $1.80B for fiscal 2025.
What is Federated Hermes' annual revenue history?
Federated Hermes' annual revenue by fiscal year: 2020: $1.45B; 2021: $1.30B; 2022: $1.45B; 2023: $1.61B; 2024: $1.63B; 2025: $1.80B.
What was Federated Hermes' net income in fiscal 2025?
Federated Hermes reported net income of $403.3M for fiscal 2025.
What was Federated Hermes' earnings per share (EPS) in fiscal 2025?
Federated Hermes' diluted EPS was $5.13 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Federated Hermes generate in fiscal 2025?
Federated Hermes generated $294.6M of free cash flow in fiscal 2025.
What was Federated Hermes' revenue last quarter?
In its most recent reported quarter (2026 Q2), Federated Hermes reported revenue of $502.8M.
How much debt does Federated Hermes have?
Federated Hermes reported $348.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Federated Hermes are outstanding?
Federated Hermes reported a weighted average of 71.9 million basic shares outstanding in 2026 Q2.
What is Federated Hermes' market cap?
Based on its latest closing price, Federated Hermes (FHI) has a market capitalization of about $3.96B.
When does Federated Hermes' fiscal year end?
Federated Hermes' fiscal year end, as registered with the SEC, is December 31.
Where is Federated Hermes headquartered?
Federated Hermes lists its business address in Pittsburgh, Pennsylvania in its SEC filings.