FHI
FEDERATED HERMES, INC.
NYSE · Financial Services · Asset Management · US
$65.55
+5.45%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 2.0B | 1.8B | 1.6B | 1.6B | 1.4B |
| Cost of Revenue | 513.5M | 577.7M | 540.5M | 563.4M | 512.7M |
| Gross Profit | 1.5B | 1.2B | 1.1B | 1.0B | 933.1M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 737.7M | 693.3M | 617.2M | 593.0M | 514.4M |
| General & Admin Expense | 713.8M | 199.2M | 210.8M | 198.8M | 178.9M |
| Selling & Marketing Expense | 24.0M | 494.2M | 406.4M | 394.2M | 335.5M |
| Other Expenses | 177.3M | 15.7M | 112.9M | 65.7M | 81.9M |
| Total Operating Expenses | 915.1M | 709.1M | 730.1M | 658.6M | 596.3M |
| Cost and Expenses | 1.4B | 1.3B | 1.3B | 1.2B | 1.1B |
| Operating Income (EBIT) | 549.8M | 513.9M | 361.5M | 387.5M | 336.8M |
| Non-Operating | |||||
| Interest Income | 12.8M | 25.3M | 26.1M | — | 9.0M |
| Interest Expense | 12.7M | 12.7M | — | 12.5M | 11.1M |
| Net Interest Income | 103.0K | 12.6M | 26.1M | (12.5M) | (2.1M) |
| Other Non-Op Income/Expense | 16.4M | 33.6M | 20.1M | 23.8M | (30.6M) |
| Non-Operating Income (excl Interest) | (29.1M) | — | (32.8M) | (13.2M) | (31.5M) |
| EBT (Pre-Tax Income) | 566.2M | 547.5M | 381.6M | 411.3M | 306.2M |
| Income Tax Expense | 145.1M | 133.4M | 113.2M | 106.6M | 71.7M |
| Bottom Line | |||||
| Net Income | 420.0M | 403.3M | 268.3M | 299.0M | 239.5M |
| Earnings from Cont. Ops | 421.1M | 414.1M | 268.4M | 304.8M | 234.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 409.7M | 385.2M | 256.7M | 285.0M | 227.7M |
| Per Share | |||||
| Basic EPS | $5.60 | $5.37 | $3.23 | $3.40 | $2.65 |
| Diluted EPS | $5.60 | $5.13 | $3.23 | $3.40 | $2.65 |
| Revenue Per Share | $27.87 | $23.98 | $20.55 | $19.19 | $16.86 |
| Shares | |||||
| Basic Shares Outstanding | 71.0M | 75.1M | 79.4M | 83.9M | 85.8M |
| Diluted Shares Outstanding | 71.0M | 75.1M | 79.4M | 83.9M | 85.8M |
| Profitability Metrics | |||||
| EBITDA | 597.8M | 536.1M | 416.7M | 427.6M | 396.4M |
| D&A | 18.9M | 22.3M | 22.4M | 26.9M | 28.1M |
| EBIT | 578.9M | 513.9M | 394.3M | 400.7M | 368.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026