Federated Hermes, Inc. logo

Federated Hermes, Inc.

FHI

NYSEFinancial ServicesAsset Management

Previous close

$63.70

+$0.57 · +0.90%

Aug 21, 4:00 PM ET

Pre-market

$63.70

$0.00 · 0.00%

Aug 24, 6:30 AM ET

FHI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

82

Deep Value

Momentum

56

Neutral

Sentiment

61

Bullish

Risk resilience

79

Moderate Risk

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Company profile

Company website

Federated Hermes, Inc. (FHI) is a publicly listed holding company primarily engaged in asset management. Through its extensive network of subsidiaries, the firm delivers specialized financial services to a wide array of clients. These include high-net-worth individuals, banking and thrift institutions, investment companies, pension and profit-sharing plans, pooled investment vehicles, charitable organizations, state and municipal governmental entities, and registered investment advisors. FHI is responsible for managing a variety of investment products, including client-focused mutual funds across equity, fixed income, balanced, and money market categories, alongside bespoke portfolios in similar asset classes. The company's investment reach extends to public equity and fixed income markets worldwide. Its equity strategies involve investing in growth and value stocks of small, mid, and large-capitalization firms. Within fixed income, FHI allocates capital to ultra-short, short-term, and intermediate-term mortgage-backed securities, U.S. Government debt, corporate bonds, high-yield instruments, and municipal securities. To identify equity opportunities, the firm utilizes a combination of fundamental and quantitative analysis. Federated Hermes, Inc. was founded in 1955 and maintains its principal offices in Pittsburgh, Pennsylvania, complemented by presences in New York City and London, United Kingdom.

Industry
Asset Management
Sector
Financial Services
Headquarters
US
CEO
John Christopher Donahue
Listed since
May 14, 1998
Employees
2,091

Market position

Day range

Current $63.70

52-week range

Current $63.70

Open
$63.405
Previous close
$63.13
Volume
325.15K
0.47× average
Average volume
694.92K
Average daily volume
Market cap
4.84B USD
Beta
0.63
Market reference 1
50-day average
$59.8836
+6.37% above average
200-day average
$55.6044
+14.56% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.78B USD
P/E (TTM)
11.71×
P/B (TTM)
3.66×
P/S (TTM)
2.49×
EV / EBITDA
6.5×
Earnings yield
10.31%
Free cash flow yield
7.53%
Dividend yield
2.26%

Profitability & efficiency

Gross margin
71.62%
Operating margin
27.65%
Net margin
21.24%
Return on equity
33.69%
Return on assets
17.61%
Return on invested capital
17.67%

Financial health

Debt / equity
0.36×
Current ratio
41.26×
Altman Z-score
5.95
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends79%56%34%11%Gross margin, FY2021: 59.05%Gross margin, FY2022: 64.54%Gross margin, FY2023: 65.00%Gross margin, FY2024: 66.88%Gross margin, FY2025: 73.56%Operating margin, FY2021: 28.17%Operating margin, FY2022: 23.29%Operating margin, FY2023: 24.08%Operating margin, FY2024: 22.15%Operating margin, FY2025: 29.54%Net margin, FY2021: 20.78%Net margin, FY2022: 16.56%Net margin, FY2023: 18.58%Net margin, FY2024: 16.44%Net margin, FY2025: 22.27%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.05%. Gross margin FY2022 64.54%. Gross margin FY2023 65.00%. Gross margin FY2024 66.88%. Gross margin FY2025 73.56%. Operating margin FY2021 28.17%. Operating margin FY2022 23.29%. Operating margin FY2023 24.08%. Operating margin FY2024 22.15%. Operating margin FY2025 29.54%. Net margin FY2021 20.78%. Net margin FY2022 16.56%. Net margin FY2023 18.58%. Net margin FY2024 16.44%. Net margin FY2025 22.27%.

Income trends

Revenue

1.81B USD+10.96%

Operating income

535M USD+48.01%

Net income

403.3M USD+50.31%
Income trends across reported periods1.97B USD1.34B USD710.94M USD82.35M USDRevenue, FY2021: 1.3B USDRevenue, FY2022: 1.45B USDRevenue, FY2023: 1.61B USDRevenue, FY2024: 1.63B USDRevenue, FY2025: 1.81B USDOperating income, FY2021: 366.27M USDOperating income, FY2022: 336.8M USDOperating income, FY2023: 387.55M USDOperating income, FY2024: 361.47M USDOperating income, FY2025: 535M USDNet income, FY2021: 270.29M USDNet income, FY2022: 239.5M USDNet income, FY2023: 298.98M USDNet income, FY2024: 268.31M USDNet income, FY2025: 403.3M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.3B USD. Revenue FY2022 1.45B USD. Revenue FY2023 1.61B USD. Revenue FY2024 1.63B USD. Revenue FY2025 1.81B USD. Operating income FY2021 366.27M USD. Operating income FY2022 336.8M USD. Operating income FY2023 387.55M USD. Operating income FY2024 361.47M USD. Operating income FY2025 535M USD. Net income FY2021 270.29M USD. Net income FY2022 239.5M USD. Net income FY2023 298.98M USD. Net income FY2024 268.31M USD. Net income FY2025 403.3M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.81B USD1.63B USD1.61B USD1.45B USD1.3B USD
Cost of goods sold478.91M USD540.49M USD563.39M USD512.71M USD532.49M USD
Gross profit1.33B USD1.09B USD1.05B USD933.1M USD767.96M USD
Selling, general, and administrative523.56M USD617.23M USD592.98M USD514.38M USD368.15M USD
Operating expenses797.08M USD730.14M USD658.64M USD596.31M USD401.68M USD
Interest income25.29M USD26.07M USD8.97M USD3.17M USD
Interest expense12.73M USD12.52M USD11.07M USD1.79M USD
Depreciation and amortization22.26M USD22.43M USD26.87M USD28.09M USD30.01M USD
Operating income535M USD361.47M USD387.55M USD336.8M USD366.27M USD
Net income403.3M USD268.31M USD298.98M USD239.5M USD270.29M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

21 ratings
Strong buy00%
Buy419%
Hold1362%
Sell419%
Strong sell00%

FHI news

Corporate actions

Corporate action history

Stock split

Effective Jul 18, 2000

3:2

FHI peers

ETFs holding FHI

Funds reporting this stock among their holdings, ordered by reported position size.

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