Federated Hermes EV/EBIT FHI

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2011.

Today, Oct 23, 2026: 8.0×
10-year median: 7.8×
Against its 10-year history: 57th; percentile: 0 is its lowest day, 100 its highest
10-year range: 4.3× to 11.4×
Peer median: 11.8×

Federated Hermes' EV/EBIT is 8.0× as of Oct 23, 2026.

That is above its ten-year median of 7.8×, close to the middle of its last ten years.

Over that time it ranged from 4.3× in Mar 2020 to 11.4× in Jul 2019.

The median for 10 asset managers of a similar size is 11.8×.

EV/EBIT over time

median 7.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	8.0×	7.3×	9.0×
2025	8.0×	6.3×	8.3×
2024	7.6×	6.1×	7.8×
2023	7.1×	6.6×	10.1×
2022	8.7×	6.6×	9.4×
2021	9.0×	6.0×	9.0×
2020	6.5×	4.3×	10.8×
2019	9.7×	7.6×	11.4×
2018	7.9×	7.4×	10.9×
2017	10.7×	7.5×	10.8×
2016	8.4×	7.3×	11.1×
2015	10.7×	10.6×	15.3×
2014	14.5×	9.8×	14.5×
2013	10.6×	7.2×	10.6×
2012	6.5×	5.2×	9.0×
2011	4.5×	4.3×	7.9×

Against its peers

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

Company	EV/EBIT
FHIFederated Hermes	8.0×
MCMoelis	15.4×
LAZLazard	12.2×
HLNEHamilton Lane INC	8.6×
HASIHA Sustainable Infrastructure Capital	8.0×
CNSCohen & Steers	16.9×
AAMIAcadian Asset Management	21.8×
ABAlliancebernstein	9.5×
DLBDolby Laboratories	22.1×
APAMArtisan Partners Asset Management	6.3×
VCTRVictory Capital	11.3×
Peer median	11.8×

Where Federated Hermes ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Federated Hermes

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.