Federated Hermes, Inc. (FHI)
NYSE: FHI · Real-Time Price · USD
55.24
-0.62 (-1.11%)
Mar 9, 2026, 3:22 PM EDT - Market open

Federated Hermes Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Revenue
1,8011,6321,6101,4461,300
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Revenue Growth (YoY)
10.33%1.40%11.33%11.18%-10.21%
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Cost of Revenue
577.69540.49563.39512.71532.49
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Gross Profit
1,2231,0921,046933.1767.96
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Selling, General & Admin
693.35632.63608.39526.83368.15
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Other Operating Expenses
15.7531.1850.2537.9533.53
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Operating Expenses
709.1663.81658.64564.79401.68
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Operating Income
513.88427.8387.55368.32366.27
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Interest Expense
-12.73-12.67-12.52-11.07-1.79
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Interest & Investment Income
25.2926.0722.568.973.17
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Other Non Operating Income (Expenses)
-0.040.140.560.22-0.9
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EBT Excluding Unusual Items
526.41441.34398.15366.44366.76
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Gain (Loss) on Sale of Investments
21.126.613.18-28.79.53
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Asset Writedown
--66.33--31.52-
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Pretax Income
547.53381.61411.33306.22376.29
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Income Tax Expense
133.43113.18106.5571.66103.98
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Earnings From Continuing Operations
414.1268.43304.78234.56272.31
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Minority Interest in Earnings
-10.8-0.12-5.84.93-2.02
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Net Income
403.3268.31298.98239.5270.29
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Preferred Dividends & Other Adjustments
18.1411.6113.9811.8310.86
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Net Income to Common
385.16256.71285227.67259.44
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Net Income Growth
50.31%-10.26%24.84%-11.39%-17.18%
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Shares Outstanding (Basic)
7579848694
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Shares Outstanding (Diluted)
7579848694
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Shares Change (YoY)
-5.45%-5.29%-2.22%-8.54%-2.83%
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EPS (Basic)
5.133.233.402.652.77
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EPS (Diluted)
5.133.233.402.652.75
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EPS Growth
58.78%-4.96%28.25%-3.63%-14.79%
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Free Cash Flow
294.58342.53303.92319.58154.64
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Free Cash Flow Per Share
3.924.313.623.731.65
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Dividend Per Share
1.3301.2101.1101.0801.080
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Dividend Growth
9.92%9.01%2.78%--
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Gross Margin
67.92%66.88%65.00%64.54%59.05%
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Operating Margin
28.54%26.21%24.08%25.47%28.17%
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Profit Margin
21.39%15.73%17.71%15.75%19.95%
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Free Cash Flow Margin
16.36%20.99%18.88%22.10%11.89%
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EBITDA
536.14450.23414.38396.4396.28
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EBITDA Margin
29.78%27.59%25.75%27.42%30.47%
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D&A For EBITDA
22.2622.4326.8428.0930.01
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EBIT
513.88427.8387.55368.32366.27
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EBIT Margin
28.54%26.21%24.08%25.47%28.17%
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Effective Tax Rate
24.37%29.66%25.90%23.40%27.63%
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Revenue as Reported
1,8011,6321,6101,4461,300
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Advertising Expenses
22.9924.0922.9920.9321.6
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Source: S&P Capital IQ. Standard template. Financial Sources.