Superworth

Federated Hermes FHI

Asset Management, Financial Services
$56.81
−1.49%
Market cap
$4.2B
PE
10.6×
10y median 11.7×
Forward PE
n/m
not a meaningful number
Price to sales
2.2×
EV/EBIT
8.0×
Revenue, 12 months
$1.9B
+15% on a year ago
Net margin
21.3%
Free cash flow yield
8.7%

Federated Hermes trades at 10.6× trailing earnings, cheaper than 69% of the last ten years. Revenue was $1.9B over the last twelve months, up 15% on a year earlier with a 21% net margin.

Charts

Financials

Income statement for FHI, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$402.7M+6%$391.5M+5%$396.4M+4%$402.6M−7%$408.5M+1%$424.7M+9%$423.5M+7%$424.8M+6%$469.4M+15%$482.8M+14%$479M+13%$502.8M+18%
Cost of revenuen/an/an/an/an/an/an/an/an/an/an/an/a
Gross profitn/an/an/an/an/an/an/an/an/an/an/an/a
$101.4M+5%$102.6M+61%$98.6M+16%$40.7M−59%$111.7M+10%$110.4M+8%$131.8M+34%$117.1M+188%$129.5M+16%$135.6M+23%$126.3M−4%$132.9M+14%
Interest expense$3.1M−5%$3.1M−2%$3.1M+1%$3.2M+1%$3.2M+1%$3.2M+1%$3.2M+1%$3.2M+0%$3.2M+0%$3.2M+0%$3.2M+0%$3.2M−0%
Pre-tax income$101M+13%$117.3M+56%$104M+13%$42.7M−58%$122.6M+21%$112.3M−4%$136M+31%$130.8M+207%$140.3M+15%$140.3M+25%$129.8M−5%$144M+10%
$26.7M+24%$31.3M+131%$29M+38%$23.4M−15%$32.3M+21%$28.5M−9%$32.2M+11%$34.1M+46%$34.2M+6%$32.9M+16%$33.8M+5%$37.2M+9%
Net income$75M+8%$82.2M+46%$75M+8%$21M−71%$87.5M+17%$84.7M+3%$101.1M+35%$91M+333%$104.1M+19%$107M+26%$96.4M−5%$104.3M+15%
$0.86+10%$0.96+52%$0.89+14%$0.20−75%$1.06+23%$1.04+8%$1.25+40%$1.16+480%$1.34+26%$1.39+34%$1.27+2%$1.38+19%
83.7M−1%82M−3%80.7M−5%80M−6%78.7M−6%78.3M−5%77.5M−4%75.1M−6%74.1M−6%73.8M−6%72.7M−6%71.9M−4%

Gross profit: 4 periods, Q3 FY18 to Q4 FY19: not printed by the filing, worked out from its own lines.

EPS, diluted: 6 periods, Q4 FY11 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 15 periods, Q4 FY11 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Asset Management nearest Federated Hermes' size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
FHIFederated Hermes$4.2B10.6×11.7×2.2×+15%21.3%
MCMoelis$4.3B19.0×22.1×n/mn/mn/m
LAZLazard$4.1B18.2×14.3×1.2×+6%6.9%
HLNEHamilton Lane INC$4.5B12.5×30.0×5.3×+24%32.1%
HASIHA Sustainable Infrastructure Capital$4.7B67.3×35.3×13.1×+27%24.1%
CNSCohen & Steers$3.7B21.8×21.9×6.3×+7%28.8%
AAMIAcadian Asset Management$3.3B32.6×11.8×4.9×+24%15.2%
ABAlliancebernstein$3.3B10.3×12.0×n/mn/mn/m
DLBDolby Laboratories$5.9B26.7×31.2×4.3×+1%16.7%
APAMArtisan Partners Asset Management$2.7B8.1×12.3×2.2×+10%24.1%
VCTRVictory Capital$6.6B19.7×12.0×4.2×+52%29.6%
Peer median$4.2B19.4×18.1×4.6×+17%24.1%

More on Federated Hermes

Each number over time

Where it ranks

Its groups

About

Industry
Asset Management
Sector
Financial Services

Valuation data, not investment advice. Prices as of .