Federated Hermes Key Executives

This section highlights Federated Hermes's key executives, including their titles and compensation details.

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Federated Hermes Earnings

This section highlights Federated Hermes's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: July 24, 2025
Time: After Market
Est. EPS: $0.94
Status: Unconfirmed

Last Earnings Results

Date: April 24, 2025
EPS: $1.10
Est. EPS: $0.91
Revenue: $423.54M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q1 2025 2025-04-25 N/A N/A
Read Transcript Q4 2024 2025-01-31 N/A N/A
Read Transcript Q3 2024 2024-10-25 N/A N/A
Read Transcript Q2 2024 2024-07-26 N/A N/A
Read Transcript Q1 2024 2024-04-27 N/A N/A
Read Transcript Q4 2023 2024-01-26 N/A N/A
Read Transcript Q3 2023 2023-10-27 N/A N/A
Read Transcript Q2 2023 2023-07-28 N/A N/A
Read Transcript Q1 2023 2023-04-28 N/A N/A

Financial Statements

Access annual & quarterly financial statements for Federated Hermes, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $1.63B $1.61B $1.45B $1.30B $1.45B
Cost of Revenue $- $563.39M $512.71M $532.49M $503.40M
Gross Profit $1.63B $1.05B $933.10M $767.96M $944.87M
Gross Profit Ratio 100.00% 65.00% 64.54% 59.05% 65.24%
Research and Development Expenses $- $- $0 $0 $0
General and Administrative Expenses $465.88M $198.79M $178.89M $185.67M $163.36M
Selling and Marketing Expenses $24.09M $394.19M $335.49M $182.48M $334.18M
Selling General and Administrative Expenses $489.97M $592.98M $514.38M $368.15M $497.54M
Other Expenses $780.65M $65.66M $81.93M $33.53M $29.18M
Operating Expenses $1.27B $658.64M $596.30M $401.68M $526.72M
Cost and Expenses $1.27B $1.22B $1.11B $934.17M $1.03B
Interest Income $- $- $8.97M $3.17M $4.12M
Interest Expense $12.66M $12.52M $11.07M $1.78M $2.68M
Depreciation and Amortization $22.43M $26.87M $1.10B $932.21M $1.01B
EBITDA $416.70M $427.60M $411.80M $396.28M $448.08M
EBITDA Ratio 25.53% 26.57% 28.48% 30.47% 30.94%
Operating Income $361.47M $387.55M $336.80M $366.27M $418.15M
Operating Income Ratio 22.15% 24.08% 23.29% 28.17% 28.87%
Total Other Income Expenses Net $20.14M $23.78M $-30.57M $10.02M $27.91M
Income Before Tax $381.61M $411.33M $306.22M $376.29M $446.06M
Income Before Tax Ratio 23.38% 25.56% 21.18% 28.94% 30.80%
Income Tax Expense $113.18M $106.55M $71.66M $103.98M $110.03M
Net Income $268.31M $298.98M $239.50M $270.29M $326.36M
Net Income Ratio 16.44% 18.58% 16.56% 20.78% 22.53%
EPS $3.52 $3.40 $2.65 $2.77 $3.25
EPS Diluted $3.52 $3.40 $2.65 $2.75 $3.23
Weighted Average Shares Outstanding 79.43M 83.86M 85.76M 93.60M 96.42M
Weighted Average Shares Outstanding Diluted 79.43M 83.86M 85.76M 93.60M 96.42M
SEC Filing Source Source Source Source Source


Breakdown March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020
Revenue $423.54M $424.68M $408.46M $402.06M $397.70M $391.50M $402.66M $433.23M $382.19M $373.90M $381.14M $366.01M $324.76M $321.64M $326.59M $311.04M $341.17M $363.92M $364.45M $360.71M
Cost of Revenue $- $137.16M $136.03M $99.04M $100.52M $90.94M $10.63M $159.88M $136.88M $123.99M $126.67M $128.09M $133.97M $124.11M $132.00M $132.77M $143.62M $138.30M $126.19M $89.04M
Gross Profit $423.54M $287.52M $272.43M $303.03M $297.19M $300.56M $392.02M $273.35M $245.31M $249.91M $254.47M $237.92M $190.80M $197.54M $194.59M $178.27M $197.55M $225.62M $238.27M $271.67M
Gross Profit Ratio 100.00% 67.70% 66.70% 75.37% 74.73% 76.77% 97.36% 63.10% 64.19% 66.84% 66.77% 65.00% 58.75% 61.41% 59.58% 57.31% 57.90% 62.00% 65.38% 75.32%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $119.66M $120.02M $53.39M $52.80M $50.14M $47.74M $105.58M $52.58M $52.30M $47.55M $47.54M $42.93M $46.08M $49.34M $45.51M $46.06M $44.77M $39.45M $41.32M $39.49M
Selling and Marketing Expenses $4.58M $7.79M $101.24M $100.12M $99.20M $100.62M $3.86M $102.19M $97.67M $97.69M $97.53M $88.98M $51.29M $49.39M $43.15M $42.74M $47.21M $64.27M $76.65M $126.65M
Selling General and Administrative Expenses $124.23M $127.80M $154.63M $152.93M $149.34M $148.36M $109.44M $154.77M $149.97M $145.24M $145.07M $131.91M $97.37M $98.72M $88.66M $88.79M $91.98M $103.73M $117.97M $166.14M
Other Expenses $167.53M $49.29M $6.06M $-34.00K $-196.86M $-197.99M $181.16M $-15.00K $10.17M $40.92M $12.63M $-13.00K $9.48M $-214.00K $-1.79M $-530.00K $-146.00K $-495.00K $-391.00K $-809.00K
Operating Expenses $291.77M $177.09M $160.69M $161.73M $196.86M $197.99M $290.60M $174.96M $160.15M $186.16M $157.69M $145.60M $106.85M $108.95M $96.19M $96.46M $100.08M $110.85M $124.89M $174.42M
Cost and Expenses $291.77M $314.26M $296.71M $295.87M $297.38M $288.93M $301.23M $334.84M $297.02M $310.15M $284.36M $273.69M $240.81M $233.06M $228.19M $229.23M $243.69M $249.14M $251.07M $263.46M
Interest Income $- $- $- $- $- $17.42M $6.16M $5.25M $4.82M $3.70M $2.60M $- $- $- $- $- $- $- $- $-
Interest Expense $- $3.19M $3.17M $3.16M $3.15M $3.14M $3.13M $3.12M $3.12M $3.20M $5.66M $3.35M $10.47M $- $- $- $- $468.00K $494.00K $785.00K
Depreciation and Amortization $- $5.56M $5.71M $5.53M $5.62M $6.02M $6.09M $6.70M $8.02M $6.89M $6.77M $6.96M $7.46M $7.37M $8.07M $7.33M $7.47M $7.22M $8.34M $7.18M
EBITDA $131.77M $121.08M $125.39M $46.25M $104.21M $105.19M $107.52M $105.09M $93.19M $117.56M $103.55M $99.28M $91.41M $95.95M $98.40M $81.81M $104.95M $122.00M $121.72M $104.43M
EBITDA Ratio 31.11% 28.51% 30.70% 11.50% 26.20% 26.87% 26.70% 24.26% 24.38% 31.44% 27.17% 27.12% 28.15% 29.83% 30.13% 26.30% 30.76% 33.52% 33.40% 28.95%
Operating Income $131.77M $110.43M $111.74M $106.19M $100.33M $102.57M $101.42M $98.39M $85.17M $63.75M $96.78M $92.32M $83.95M $88.58M $98.40M $81.81M $97.48M $114.78M $113.38M $97.25M
Operating Income Ratio 31.11% 26.00% 27.36% 26.41% 25.23% 26.20% 25.19% 22.71% 22.28% 17.05% 25.39% 25.22% 25.85% 27.54% 30.13% 26.30% 28.57% 31.54% 31.11% 26.96%
Total Other Income Expenses Net $4.27M $1.91M $10.86M $1.94M $5.44M $14.74M $-419.00K $2.16M $7.31M $11.40M $-7.57M $-22.67M $-11.74M $3.04M $-1.75M $6.86M $1.86M $14.68M $6.23M $14.03M
Income Before Tax $136.04M $112.33M $122.60M $42.66M $104.02M $117.31M $101.00M $100.55M $92.47M $75.15M $89.21M $69.65M $72.21M $91.63M $96.65M $88.67M $99.34M $129.46M $119.61M $111.28M
Income Before Tax Ratio 32.12% 26.45% 30.02% 10.61% 26.15% 29.96% 25.08% 23.21% 24.20% 20.10% 23.41% 19.03% 22.23% 28.49% 29.59% 28.51% 29.12% 35.57% 32.82% 30.85%
Income Tax Expense $32.16M $28.48M $32.26M $23.43M $29.01M $31.26M $26.74B $27.54M $21.01M $13.52M $21.64M $18.89M $17.61M $20.63M $23.16M $35.19M $25.00M $28.18M $32.93M $26.48M
Net Income $103.88M $83.85M $83.79M $16.29M $75.03M $82.18M $-26.64B $72.17M $69.60M $56.50M $65.91M $54.56M $53.42M $65.65M $68.37M $53.53M $71.48M $91.31M $82.44M $78.03M
Net Income Ratio 24.53% 19.75% 20.51% 4.05% 18.87% 20.99% -6615.57% 16.66% 18.21% 15.11% 17.29% 14.91% 16.45% 20.41% 20.94% 17.21% 20.95% 25.09% 22.62% 21.63%
EPS $1.25 $1.04 $1.06 $0.20 $0.89 $0.96 $-318.22 $0.81 $0.78 $0.63 $0.78 $0.64 $0.61 $0.71 $0.73 $0.57 $0.75 $0.94 $0.86 $0.81
EPS Diluted $1.25 $1.04 $1.06 $0.20 $0.89 $0.96 $-318.22 $0.81 $0.78 $0.63 $0.78 $0.64 $0.61 $0.71 $0.73 $0.56 $0.75 $0.93 $0.85 $0.80
Weighted Average Shares Outstanding 77.54M 78.30M 78.69M 80.03M 80.71M 81.96M 83.71M 84.93M 84.88M 84.73M 84.34M 85.56M 88.05M 91.92M 93.32M 93.96M 95.22M 95.50M 96.04M 96.80M
Weighted Average Shares Outstanding Diluted 77.54M 78.30M 78.71M 80.03M 80.71M 81.97M 83.71M 84.94M 84.88M 84.74M 84.34M 85.56M 88.05M 91.92M 93.32M 93.96M 95.22M 95.50M 96.04M 96.80M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $504.44M $383.18M $336.78M $233.33M $301.82M
Short Term Investments $136.60M $177.50M $184.97M $193.35M $136.95M
Cash and Short Term Investments $504.44M $560.67M $521.75M $426.67M $438.77M
Net Receivables $69.90M $124.42M $94.01M $96.27M $105.96M
Inventory $- $- $-94.01M $-96.27M $-105.96M
Other Current Assets $207.01M $35.64M $35.27M $36.50M $30.61M
Total Current Assets $781.35M $720.73M $651.03M $559.45M $575.34M
Property Plant Equipment Net $130.28M $129.98M $128.60M $155.27M $174.69M
Goodwill $804.82M $807.16M $800.42M $798.87M $800.27M
Intangible Assets $327.88M $409.45M $409.12M $471.21M $481.75M
Goodwill and Intangible Assets $1.13B $1.22B $1.21B $1.27B $1.28B
Long Term Investments $- $- $18.70M $17.80M $7.26M
Tax Assets $- $- $66.72M $62.98M $-7.26M
Other Non-Current Assets $40.36M $34.53M $-54.15M $-47.40M $28.79M
Total Non-Current Assets $1.30B $1.38B $1.37B $1.46B $1.49B
Other Assets $- $- $- $- $-
Total Assets $2.08B $2.10B $2.02B $2.02B $2.06B
Account Payables $- $88.29M $73.90M $64.02M $61.74M
Short Term Debt $16.70M $16.28M $36.79M $34.89M $31.69M
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $-73.90M $-64.02M $-61.74M
Other Current Liabilities $272.50M $182.77M $146.72M $171.79M $172.02M
Total Current Liabilities $289.19M $287.34M $257.41M $270.71M $265.45M
Long Term Debt $445.27M $441.66M $434.39M $328.62M $196.92M
Deferred Revenue Non-Current $- $- $979.68M $-142.00M $49.05M
Deferred Tax Liabilities Non-Current $170.96M $186.29M $180.41M $205.21M $187.94M
Other Non-Current Liabilities $28.54M $32.45M $40.75M $36.44M $36.55M
Total Non-Current Liabilities $644.77M $660.40M $655.55M $633.46M $658.40M
Other Liabilities $- $- $- $- $-
Total Liabilities $933.96M $947.75M $912.97M $904.17M $923.84M
Preferred Stock $- $- $1.02B $1.19B $1.03B
Common Stock $- $475.00M $1.41B $1.65B $1.46B
Retained Earnings $1.26B $1.19B $1.02B $1.19B $1.03B
Accumulated Other Comprehensive Income Loss $-32.08M $-19.91M $-45.68M $16.36M $15.17M
Other Total Stockholders Equity $-129.31M $-521.40M $-365.36M $-538.46M $-324.73M
Total Stockholders Equity $1.10B $1.13B $1.05B $1.11B $1.14B
Total Equity $1.15B $1.15B $1.11B $1.18B $1.37B
Total Liabilities and Stockholders Equity $2.08B $2.10B $2.02B $2.02B $2.06B
Minority Interest $55.51M $25.84M $61.82M $63.20M $236.99M
Total Liabilities and Total Equity $2.08B $2.10B $2.02B $2.02B $2.06B
Total Investments $136.60M $177.50M $184.97M $193.35M $136.95M
Total Debt $461.97M $457.94M $365.98M $223.35M $75.00M
Net Debt $-42.47M $74.76M $29.19M $-9.98M $-226.82M


Balance Sheet Charts

Breakdown March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020
Cash and Cash Equivalents $541.83M $504.44M $374.95M $310.44M $363.16M $386.68M $376.96M $342.76M $323.98M $336.78M $304.52M $248.73M $262.04M $233.33M $201.69M $253.73M $222.60M $301.82M $322.85M $277.84M
Short Term Investments $- $136.60M $190.08M $145.45M $198.75M $177.50M $177.47M $178.05M $164.01M $184.97M $176.68M $181.03M $195.44M $193.35M $143.39M $170.47M $160.09M $136.95M $114.31M $94.76M
Cash and Short Term Investments $541.83M $641.04M $565.03M $455.88M $561.91M $564.17M $554.43M $520.81M $487.99M $521.75M $481.20M $429.77M $457.48M $426.67M $345.08M $424.20M $382.69M $438.77M $437.16M $372.60M
Net Receivables $- $106.22M $118.23M $116.56M $120.92M $124.42M $125.18M $137.88M $110.25M $94.01M $81.59M $90.34M $84.83M $96.27M $98.75M $97.48M $99.89M $105.96M $106.69M $120.52M
Inventory $- $-140.31M $- $380.79M $648.01M $- $-72.52M $-76.41M $-75.23M $-94.01M $-81.59M $34.17M $-84.83M $-96.27M $27.45M $-97.48M $-99.89M $-105.96M $17.72M $-120.52M
Other Current Assets $- $34.09M $39.93M $43.86M $40.20M $35.64M $32.04M $35.66M $38.01M $35.27M $67.50M $41.30M $39.54M $36.50M $34.20M $42.51M $37.73M $30.61M $25.56M $28.28M
Total Current Assets $541.83M $641.04M $723.19M $613.30M $719.66M $720.73M $711.66M $694.35M $636.25M $651.03M $630.28M $561.40M $581.85M $559.45M $478.04M $564.20M $520.31M $575.34M $569.41M $521.40M
Property Plant Equipment Net $- $130.28M $118.02M $124.63M $124.18M $129.98M $132.57M $112.25M $116.73M $128.60M $131.20M $140.83M $150.16M $155.27M $161.14M $164.78M $169.94M $174.69M $152.77M $148.97M
Goodwill $808.91M $804.82M $813.55M $806.07M $805.92M $807.16M $801.56M $806.67M $802.94M $800.42M $774.57M $784.90M $794.79M $798.87M $798.26M $801.94M $801.50M $800.27M $792.36M $787.00M
Intangible Assets $329.92M $327.88M $342.59M $335.55M $404.15M $409.49M $401.97M $415.11M $410.98M $409.12M $406.81M $433.09M $458.66M $471.21M $472.92M $479.51M $481.54M $481.75M $465.19M $454.81M
Goodwill and Intangible Assets $1.14B $1.13B $1.16B $1.14B $1.21B $1.22B $1.20B $1.22B $1.21B $1.21B $1.18B $1.22B $1.25B $1.27B $1.27B $1.28B $1.28B $1.28B $1.26B $1.24B
Long Term Investments $- $- $- $- $19.38M $20.18M $18.89M $19.00M $19.29M $18.70M $16.77M $- $18.69M $17.80M $17.50M $15.69M $15.00M $6.90M $5.20M $5.10M
Tax Assets $- $- $- $- $-756.48M $65.48M $-18.89M $-19.00M $-19.29M $66.72M $-16.77M $- $-18.69M $62.98M $-17.50M $-15.69M $-15.00M $-6.90M $-5.20M $-5.10M
Other Non-Current Assets $- $40.36M $40.21M $31.95M $770.17M $-51.17M $32.59M $31.36M $32.07M $-54.15M $29.70M $31.70M $33.06M $-47.40M $36.05M $34.51M $36.67M $28.79M $23.99M $21.72M
Total Non-Current Assets $1.14B $1.30B $1.31B $1.30B $1.37B $1.38B $1.37B $1.37B $1.36B $1.37B $1.34B $1.39B $1.44B $1.46B $1.47B $1.48B $1.49B $1.49B $1.43B $1.41B
Other Assets $321.39M $140.31M $- $- $- $65.48M $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $2.00B $2.08B $2.04B $1.91B $2.09B $2.17B $2.08B $2.06B $2.00B $2.02B $1.97B $1.95B $2.02B $2.02B $1.95B $2.04B $2.01B $2.06B $2.00B $1.93B
Account Payables $- $- $- $92.56M $88.40M $88.29M $79.73M $82.25M $53.73M $73.90M $72.04M $73.76M $65.14M $64.02M $62.65M $65.46M $57.68M $61.74M $79.53M $89.14M
Short Term Debt $- $16.70M $32.37M $32.87M $32.23M $16.28M $31.74M $38.11M $37.78M $36.79M $35.68M $35.58M $35.77M $34.89M $34.36M $34.20M $33.08M $31.69M $29.83M $27.60M
Tax Payables $- $- $- $- $23.80M $- $- $- $22.05M $- $- $- $11.45M $- $- $- $19.60M $- $- $41.83M
Deferred Revenue $- $- $- $-16.44M $90.26M $-88.29M $-79.73M $-82.25M $- $-73.90M $-72.04M $93.93M $- $-64.02M $-62.65M $-65.46M $94.31M $-61.74M $-79.53M $128.31M
Other Current Liabilities $222.99M $272.50M $230.77M $97.94M $68.06M $182.77M $144.12M $114.14M $98.63M $146.72M $131.21M $97.81M $68.62M $171.79M $137.70M $113.52M $88.94M $172.02M $125.02M $90.43M
Total Current Liabilities $222.99M $289.19M $263.14M $223.38M $212.50M $287.34M $255.59M $234.50M $212.19M $257.41M $238.93M $207.15M $180.97M $270.71M $234.71M $213.17M $199.30M $265.45M $234.38M $249.00M
Long Term Debt $348.17M $445.27M $431.63M $433.72M $437.50M $441.66M $443.77M $420.99M $424.58M $434.39M $485.92M $492.21M $498.82M $328.62M $211.44M $179.49M $187.86M $196.92M $196.69M $193.86M
Deferred Revenue Non-Current $- $- $- $-697.42M $-401.12M $-242.73M $-176.71M $-180.43M $- $- $- $- $- $-142.00M $55.47M $45.48M $53.97M $49.05M $214.30M $31.57M
Deferred Tax Liabilities Non-Current $- $170.96M $176.42M $181.40M $188.62M $251.78M $176.71M $180.43M $180.91M $180.41M $188.88M $197.48M $204.75M $205.21M $205.32M $205.99M $191.75M $187.94M $179.69M $173.10M
Other Non-Current Liabilities $- $28.54M $29.43M $25.49M $27.80M $218.75M $33.60M $31.96M $35.09M $40.75M $32.83M $32.46M $27.49M $36.44M $34.62M $284.37M $275.92M $36.55M $27.09M $231.28M
Total Non-Current Liabilities $348.17M $644.77M $637.49M $640.61M $653.92M $660.40M $654.08M $633.38M $640.58M $655.55M $707.63M $722.15M $731.06M $633.46M $506.85M $669.85M $655.53M $658.40M $617.77M $598.23M
Other Liabilities $- $- $- $- $- $65.48M $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $571.16M $933.96M $900.63M $863.99M $866.41M $1.01B $909.67M $867.88M $852.77M $912.97M $946.55M $929.29M $912.03M $904.17M $741.56M $883.02M $854.83M $923.84M $852.15M $847.23M
Preferred Stock $- $- $- $- $1.03B $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock $- $- $497.53M $491.39M $485.26M $475.00M $468.26M $1.54B $1.47B $1.41B $1.35B $467.84M $1.65B $1.65B $442.11M $1.55B $1.51B $1.46B $412.41M $1.38B
Retained Earnings $- $- $1.21B $1.15B $1.23B $1.19B $1.15B $1.10B $1.05B $1.02B $1.00B $1.22B $1.19B $1.19B $1.15B $1.09B $1.06B $1.03B $1.07B $1.00B
Accumulated Other Comprehensive Income Loss $-16.92M $-32.08M $888.00K $-24.62M $-25.15M $-19.91M $-43.39M $-21.58M $-36.06M $-45.68M $-87.42M $-43.66M $-772.00K $16.36M $12.98M $20.22M $18.73M $15.17M $-9.58M $-25.82M
Other Total Stockholders Equity $1.45B $1.48B $-622.70M $-595.59M $-547.62M $-521.40M $-473.32M $-403.50M $-360.15M $-365.36M $-377.39M $-680.81M $-591.29M $-538.46M $-403.78M $-386.10M $-354.51M $-324.73M $-318.10M $-298.14M
Total Stockholders Equity $1.43B $1.45B $1.08B $1.02B $1.15B $1.13B $1.10B $1.13B $1.11B $1.05B $971.43M $967.89M $1.06B $1.11B $1.20B $1.16B $1.16B $1.14B $1.15B $1.09B
Total Equity $1.50B $1.50B $1.14B $1.05B $1.22B $1.15B $1.17B $1.19B $1.15B $1.11B $1.03B $1.02B $1.11B $1.18B $1.26B $1.41B $1.40B $1.37B $1.37B $1.29B
Total Liabilities and Stockholders Equity $2.00B $2.08B $2.04B $1.91B $2.09B $2.17B $2.08B $2.06B $2.00B $2.02B $1.97B $1.95B $2.02B $2.02B $1.95B $2.04B $2.01B $2.06B $2.00B $1.93B
Minority Interest $67.19M $55.51M $53.41M $30.49M $73.13M $25.84M $70.63M $58.01M $39.51M $61.82M $54.59M $54.73M $48.57M $63.20M $55.47M $251.47M $245.72M $236.99M $214.30M $204.67M
Total Liabilities and Total Equity $2.00B $2.08B $2.04B $1.91B $2.09B $2.17B $2.08B $2.06B $2.00B $2.02B $1.97B $1.95B $2.02B $2.02B $1.95B $2.04B $2.01B $2.06B $2.00B $1.93B
Total Investments $- $136.60M $190.08M $145.45M $218.13M $197.67M $177.47M $178.05M $164.01M $184.97M $176.68M $181.03M $195.44M $193.35M $143.39M $170.47M $160.09M $136.95M $114.31M $94.76M
Total Debt $348.17M $461.97M $447.82M $450.16M $453.62M $457.94M $347.78M $347.71M $347.64M $365.98M $415.35M $509.99M $415.27M $223.35M $228.62M $65.00M $70.00M $75.00M $211.60M $90.00M
Net Debt $-193.66M $-42.47M $72.87M $139.72M $90.46M $71.26M $-29.18M $4.95M $23.66M $29.19M $110.83M $261.26M $153.22M $-9.98M $26.93M $-188.73M $-152.60M $-226.82M $-111.25M $-187.84M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $268.43M $304.78M $234.56M $272.31M $336.02M
Depreciation and Amortization $22.43M $26.87M $28.09M $30.01M $28.56M
Deferred Income Tax $-14.94M $4.25M $-18.72M $19.03M $18.17M
Stock Based Compensation $28.78M $33.95M $35.51M $39.70M $35.45M
Change in Working Capital $17.57M $-12.14M $3.96M $-12.70M $-12.29M
Accounts Receivables $17.35M $-27.57M $-4.37M $6.66M $11.65M
Inventory $- $- $- $- $-
Accounts Payables $9.36M $14.63M $4.67M $-6.37M $695.00K
Other Working Capital $-9.13M $801.00K $3.65M $-13.00M $-24.64M
Other Non Cash Items $24.27M $-45.88M $40.56M $-177.97M $-32.68M
Net Cash Provided by Operating Activities $346.55M $311.83M $323.95M $170.38M $373.24M
Investments in Property Plant and Equipment $- $-7.92M $-4.37M $-10.42M $-13.50M
Acquisitions Net $-3.24M $- $-27.98M $26.56M $-11.32M
Purchases of Investments $-76.09M $- $-22.64M $-9.43M $-25.51M
Sales Maturities of Investments $- $- $77.94M $143.62M $32.48M
Other Investing Activities $143.57M $-22.70M $-55.30M $-139.52M $-6.96M
Net Cash Used for Investing Activities $64.25M $-30.61M $-32.36M $10.82M $-24.82M
Debt Repayment $- $- $126.65M $148.35M $-25.00M
Common Stock Issued $- $- $- $- $-
Common Stock Repurchased $-137.62M $-177.07M $-218.14M $-228.35M $-66.76M
Dividends Paid $-184.81M $-98.09M $-97.92M $-105.76M $-207.76M
Other Financing Activities $36.03M $32.07M $20.89M $-63.71M $4.39M
Net Cash Used Provided by Financing Activities $-286.40M $-243.09M $-168.51M $-249.47M $-295.14M
Effect of Forex Changes on Cash $-3.79M $7.87M $-20.17M $-2.31M $5.84M
Net Change in Cash $120.61M $46.00M $102.90M $-70.58M $59.12M
Cash at End of Period $507.57M $386.95M $340.95M $238.05M $308.63M
Cash at Beginning of Period $386.95M $340.95M $238.05M $308.63M $249.51M
Operating Cash Flow $346.55M $311.83M $323.95M $170.38M $373.24M
Capital Expenditure $- $-7.92M $-4.37M $-10.42M $-13.50M
Free Cash Flow $346.55M $303.92M $319.58M $159.96M $359.74M

Cash Flow Charts

Breakdown March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020
Net Income $103.88M $83.85M $90.34M $16.29M $71.63M $78.58M $74.27M $73.00M $71.47M $61.63M $67.57M $50.76M $54.60M $71.00M $73.49M $53.48M $74.35M $101.27M $86.68M $84.80M
Depreciation and Amortization $5.42M $5.56M $5.71M $5.53M $5.62M $6.02M $6.09M $6.70M $8.02M $6.89M $6.77M $6.96M $7.46M $7.37M $8.07M $7.33M $7.24M $7.22M $7.25M $7.18M
Deferred Income Tax $531.00K $-3.78M $-6.53M $-7.28M $2.65M $8.24M $-2.61M $-1.30M $-76.00K $-11.75M $-4.81M $-4.50M $2.34M $-462.00K $817.00K $15.08M $3.60M $6.26M $5.27M $3.89M
Stock Based Compensation $11.12M $6.04M $6.17M $6.30M $10.27M $6.78M $7.49M $9.00M $10.68M $7.18M $8.90M $9.43M $9.99M $8.87M $8.86M $10.28M $11.70M $8.83M $8.45M $8.55M
Change in Working Capital $- $43.81M $42.25M $11.10M $-79.58M $33.49M $29.76M $-6.77M $-68.62M $41.08M $9.74M $27.52M $-74.38M $34.41M $20.44M $18.88M $-86.43M $25.60M $-279.00K $35.43M
Accounts Receivables $- $8.73M $1.22M $4.41M $2.98M $3.41M $9.65M $-25.40M $-15.23M $-8.90M $4.53M $-9.83M $9.84M $2.75M $-3.02M $191.00K $6.74M $5.66M $16.90M $-19.59M
Inventory $- $- $- $- $- $-1 $- $- $-53.39M $- $- $- $- $- $- $- $- $- $- $-
Accounts Payables $-101.22M $- $34.81M $30.89M $-93.73M $38.57M $22.33M $15.35M $-61.62M $27.65M $30.02M $35.20M $-88.21M $30.40M $30.95M $33.89M $-101.62M $- $- $-
Other Working Capital $- $35.08M $6.22M $-24.20M $11.18M $-8.49M $-2.23M $3.28M $61.62M $22.33M $-24.81M $2.15M $13.82M $1.26M $-7.50M $-15.21M $15.19M $-8.16M $-37.71M $21.50M
Other Non Cash Items $-106.64M $-8.78M $-20.80M $31.52M $115.71M $-3.48M $-9.36M $-9.49M $-16.05M $27.38M $23.84M $32.39M $-19.26M $-51.75M $-65.67M $-20.08M $-40.46M $-19.40M $-17.32M $-15.71M
Net Cash Provided by Operating Activities $14.30M $126.70M $117.15M $88.67M $14.03M $129.63M $105.64M $71.14M $5.42M $132.41M $112.02M $98.76M $-19.25M $69.43M $46.01M $84.96M $-30.01M $129.78M $90.06M $124.15M
Investments in Property Plant and Equipment $- $-505.00K $3.03M $-5.98M $-569.00K $-2.11M $-2.08M $-2.98M $-739.00K $-278.00K $-1.21M $-1.04M $-1.85M $-2.67M $-4.50M $-1.10M $-2.16M $-4.94M $-3.58M $-3.42M
Acquisitions Net $- $41.90M $-7.24M $9.55M $28.16M $-37.06M $3.40M $8.39M $2.58M $-30.77M $-203.00K $3.67M $-687.00K $5.82M $12.47M $7.62M $655.00K $-1.39M $-1.03M $-2.31M
Purchases of Investments $-16.90M $- $- $-2.89M $-25.72M $-44.40M $-2.35M $-9.66M $-9.97M $-4.04M $-13.53M $-3.07M $-32.95M $-2.21M $-1.58M $-3.83M $-52.94M $- $- $-
Sales Maturities of Investments $- $- $22.71M $28.75M $56.60M $12.38M $41.08M $37.74M $16.94M $6.40M $17.82M $22.06M $2.54M $9.04M $86.28M $20.08M $1.50M $- $- $-
Other Investing Activities $15.37M $- $-45.84M $9.55M $52.17M $37.06M $-38.72M $-28.07M $-6.97M $-2.37M $-4.29M $3.67M $32.95M $-5.32M $17.80M $7.62M $52.94M $-1.39M $-1.03M $-9.75M
Net Cash Used for Investing Activities $-1.53M $41.40M $-27.34M $19.88M $30.31M $-34.13M $1.32M $5.41M $1.84M $-31.05M $-1.41M $2.64M $-2.54M $-2.18M $7.98M $6.52M $-1.50M $-6.33M $-4.61M $-5.73M
Debt Repayment $- $- $- $- $- $- $- $- $- $-50.00M $- $- $176.65M $121.20M $37.15M $-5.00M $-5.00M $-15.00M $- $-105.00M
Common Stock Issued $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Repurchased $-120.13M $-23.45M $-28.90M $-46.24M $-39.03M $-65.05M $-64.10M $-41.35M $-6.56M $-6.92M $-6.61M $-91.27M $-113.34M $-135.92M $-14.45M $-38.90M $-39.07M $-13.61M $-20.23M $-17.91M
Dividends Paid $-25.30M $-25.22M $-25.57M $-110.28M $-23.73M $-24.13M $-24.70M $-25.11M $-24.15M $-24.11M $-24.14M $-24.71M $-24.95M $-26.10M $-26.33M $-26.55M $-26.79M $-126.15M $-27.05M $-27.25M
Other Financing Activities $-112.26M $22.40M $21.95M $11.47M $-766.00K $-7.34M $20.45M $5.23M $8.70M $2.51M $-12.27M $14.14M $16.50M $4.73M $-97.94M $7.63M $21.87M $1.45M $2.92M $2.32M
Net Cash Used Provided by Financing Activities $-137.57M $-26.27M $-32.52M $-161.35M $-66.25M $-96.53M $-68.35M $-61.23M $-22.02M $-78.52M $-43.02M $-101.83M $54.86M $-36.09M $-101.57M $-62.82M $-48.99M $-153.32M $-44.37M $-147.85M
Effect of Forex Changes on Cash $5.27M $-12.87M $10.42M $75.00K $-1.41M $6.75M $-4.53M $3.60M $2.05M $9.81M $-12.26M $-13.21M $-4.50M $447.00K $-4.58M $556.00K $1.27M $9.25M $4.17M $-1.09M
Net Change in Cash $-119.53M $128.95M $68.18M $-52.72M $-23.52M $5.83M $34.07M $18.92M $-12.71M $32.65M $55.33M $-13.64M $28.57M $31.61M $-52.18M $29.22M $-79.24M $-20.61M $45.25M $-30.52M
Cash at End of Period $388.04M $507.57M $378.62M $310.44M $363.16M $386.68M $381.24M $347.17M $328.24M $340.95M $308.31M $252.98M $266.62M $238.05M $206.44M $258.62M $229.40M $308.63M $329.25M $284.00M
Cash at Beginning of Period $507.57M $378.62M $310.44M $363.16M $386.68M $380.85M $347.17M $328.24M $340.95M $308.31M $252.98M $266.62M $238.05M $206.44M $258.62M $229.40M $308.63M $329.25M $284.00M $314.52M
Operating Cash Flow $14.30M $126.70M $117.15M $88.67M $14.03M $129.63M $105.64M $71.14M $5.42M $132.41M $112.02M $98.76M $-19.25M $69.43M $46.01M $84.96M $-30.01M $129.78M $90.06M $124.15M
Capital Expenditure $- $-505.00K $6.55M $-5.98M $-569.00K $-2.11M $-2.08M $-2.98M $-739.00K $-278.00K $-1.21M $-1.04M $-1.85M $-2.67M $-4.50M $-1.10M $-2.16M $-4.94M $-3.58M $-3.42M
Free Cash Flow $14.30M $126.19M $123.70M $82.70M $13.46M $127.52M $103.55M $68.16M $4.68M $132.13M $110.81M $97.73M $-21.10M $66.76M $41.51M $83.87M $-32.17M $124.84M $86.48M $120.72M

Federated Hermes, Inc. (FHI)

Federated Hermes, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.

Financial Services Asset Management

$40.41

Stock Price

$3.29B

Market Cap

2.07K

Employees

Pittsburgh, PA

Location

Revenue (FY 2024)

$1.63B

1.4% YoY

Net Income (FY 2024)

$268.31M

-10.3% YoY

EPS (FY 2024)

$3.52

3.5% YoY

Free Cash Flow (FY 2024)

$346.55M

14.0% YoY

Profitability

Gross Margin

100.0%

Net Margin

16.4%

ROE

24.5%

ROA

12.9%

Valuation

P/E Ratio

12.17

P/S Ratio

2.00

EV/EBITDA

7.73

Market Cap

$3.29B

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$346.55M

11.1% YoY

Free Cash Flow

$346.55M

14.0% YoY

Balance Sheet Summary

Total Assets

$2.08B

-0.8% YoY

Total Debt

$461.97M

0.9% YoY

Shareholder Equity

$1.10B

5.3% YoY

Dividend Overview

$0.34

Latest Dividend

%

Dividend Yield

%

Payout Ratio

Recent Dividend History
Date Amount Type
2025-05-08 $0.34 May 08, 25
2025-02-07 $0.31 February 07, 25
2024-11-08 $0.31 November 08, 24
2024-08-08 $0.31 August 08, 24
2024-05-07 $1.31 May 07, 24
2024-02-07 $0.28 February 07, 24
2023-11-07 $0.28 November 07, 23
2023-08-07 $0.28 August 07, 23
2023-05-05 $0.28 May 05, 23
2023-02-07 $0.27 February 07, 23

Federated Hermes Dividends

Explore Federated Hermes's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

5.66%

Dividend Payout Ratio

68.88%

Dividend Paid & Capex Coverage Ratio

1.88x

Federated Hermes Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.34 $0.34 May 08, 2025 May 08, 2025 May 15, 2025 April 24, 2025
$0.31 $0.31 February 07, 2025 February 07, 2025 February 14, 2025 January 30, 2025
$0.31 $0.31 November 08, 2024 November 08, 2024 November 15, 2024 October 24, 2024
$0.31 $0.31 August 08, 2024 August 08, 2024 August 15, 2024 July 25, 2024
$1.31 $1.31 May 07, 2024 May 08, 2024 May 15, 2024 April 25, 2024
$0.28 $0.28 February 07, 2024 February 08, 2024 February 15, 2024 January 25, 2024
$0.28 $0.28 November 07, 2023 November 08, 2023 November 15, 2023 October 26, 2023
$0.28 $0.28 August 07, 2023 August 08, 2023 August 15, 2023 July 27, 2023
$0.28 $0.28 May 05, 2023 May 08, 2023 May 15, 2023 April 27, 2023
$0.27 $0.27 February 07, 2023 February 08, 2023 February 15, 2023 January 26, 2023
$0.27 $0.27 November 07, 2022 November 08, 2022 November 15, 2022 October 27, 2022
$0.27 $0.27 August 05, 2022 August 08, 2022 August 15, 2022 July 28, 2022
$0.27 $0.27 May 05, 2022 May 06, 2022 May 13, 2022 April 28, 2022
$0.27 $0.27 February 07, 2022 February 08, 2022 February 15, 2022 January 27, 2022
$0.27 $0.27 November 05, 2021 November 08, 2021 November 15, 2021 October 28, 2021
$0.27 $0.27 August 05, 2021 August 06, 2021 August 13, 2021 July 29, 2021
$0.27 $0.27 May 06, 2021 May 07, 2021 May 14, 2021 April 29, 2021
$0.27 $0.27 February 04, 2021 February 05, 2021 February 12, 2021 January 28, 2021
$1 $1.27 November 05, 2020 November 06, 2020 November 13, 2020 October 29, 2020
$0.27 $0.27 August 06, 2020 August 07, 2020 August 14, 2020 July 30, 2020

Federated Hermes News

Read the latest news about Federated Hermes, including recent articles, headlines, and updates.

Federated Hermes, Inc. (FHI) Q1 2025 Earnings Call Transcript

Federated Hermes, Inc. (NYSE:FHI ) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants Ray Hanley - President, Federated Investors Management Company Chris Donahue - President and Chief Executive Officer Tom Donahue - Chief Financial Officer Deborah Cunningham - Chief Investment Officer, Money Markets Conference Call Participants Ken Worthington - JPMorgan Patrick Davitt - Autonomous Research Bill Katz - TD Cowen Dan Fannon - Jefferies John Dunn - Evercore ISI Operator Greetings. Welcome to the Federated Hermes Q1 2025 Analyst Call and Webcast.

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Federated Hermes Q1 Earnings Top Estimates, Revenues Rise Y/Y

FHI's first-quarter 2025 results reflect a rise in revenues and total managed assets. A decline in expenses is another positive.

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Federated Hermes (FHI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Federated Hermes (FHI) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Federated Hermes (FHI) Beats Q1 Earnings and Revenue Estimates

Federated Hermes (FHI) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.89 per share a year ago.

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Federated Hermes, Inc. reports record assets under management with first quarter 2025 earnings

Total assets under management reach a record $839.8 billion Money market assets reach a record $637.1 billion Q1 2025 earnings per diluted share of $1.25 Quarterly dividend increased by 9.7% to $0.34 per share PITTSBURGH , April 24, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) of $1.25 for Q1 2025, compared to $0.89 for the same quarter last year, on net income of $101.1 million for Q1 2025, compared to $75.0 million for Q1 2024. Federated Hermes' Q1 2025 results include a $12.9 million decrease in Other operating expense, or $0.15 per diluted share, resulting from a value-added tax (VAT) refund received as part of amended VAT filings in the U.K. Federated Hermes' total managed assets were a record $839.8 billion at March 31, 2025, up $61.1 billion or 8% from $778.7 billion at March 31, 2024 and up $10.2 billion or 1% from $829.6 billion at Dec. 31, 2024.

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Countdown to Federated Hermes (FHI) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Evaluate the expected performance of Federated Hermes (FHI) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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Federated Hermes (FHI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Federated Hermes (FHI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

PITTSBURGH , April 15, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of March 31, 2025, is now available in the Products section of FederatedHermes.com/us . To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedhermes.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.

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Federated Hermes Premier Municipal Income Fund declares dividend

PITTSBURGH , April 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax.

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Federated Hermes, Inc. announces first quarter 2025 earnings and conference call dates

Annual Shareholder Meeting will be by teleconference Thursday, April 24, 2025 PITTSBURGH , April 7, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, will report financial and operating results for the quarter ended March 31, 2025 after the market closes on Thursday, April 24, 2025. A conference call for investors and analysts will be held at 9 a.m.

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Federated Hermes wins 2025 LSEG Lipper Fund Awards

Federated Hermes MDT Advisers secures awards for multiple funds and performance periods Two active fixed-income strategies recognized for category outperformance through market cycles PITTSBURGH , March 14, 2025 /PRNewswire/ -- Federated Hermes, a global leader in active investing, today announced that Federated Hermes MDT Mid Cap Growth Fund, Federated Hermes MDT All Cap Core Fund, Federated Hermes Conservative Municipal Microshort Fund and Federated Hermes Corporate Bond Strategy Portfolio were recognized by the 2025 LSEG Lipper Fund Awards for consistently strong risk-adjusted performance. Evaluations were calculated for the periods ended Nov. 30, 2024.

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Federated Hermes, Inc. files annual report on Form 10-K with U.S. Securities and Exchange Commission

PITTSBURGH , Feb. 28, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today filed its annual report on Form 10-K with the U.S. Securities and Exchange Commission for the fiscal year ended Dec. 31, 2024. Federated Hermes makes available all of its annual report documents and provides access to its other SEC filings on its website, either directly or via a link to EDGAR.

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Federated Hermes, Inc.'s CEO to participate in 2025 RBC Capital Markets Global Financial Institutions Conference

PITTSBURGH , Feb. 28, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that President and CEO J. Christopher Donahue is scheduled to present at the 2025 RBC Capital Markets Global Financial Institutions Conference from approximately 10:40 to 11:10 a.m.

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U.S. market has plenty of stocks that haven't participated in the rally: Federated Hermes' Auth

Steve Auth, Federated Hermes CIO of equities, joins 'The Exchange' to discuss Auth's thoughts on the overall equity picture.

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Federated Hermes announces changes to fixed-income team and promotes Kathryn Glass to co-head of its high-yield fixed-income group

PITTSBURGH , Feb. 4, 2025 /PRNewswire/ -- Federated Hermes, a global leader in active investing, today announced changes within the organization of its fixed-income group. The firm has named Kathryn (Katie) Glass, CFA, an experienced long-term Federated Hermes portfolio manager, as co-head of the Domestic High Yield Group, alongside Mark Durbiano, CFA, who has been with Federated Hermes for 42 years.

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Federated Hermes, Inc. (FHI) Q4 2024 Earnings Call Transcript

Federated Hermes, Inc. (NYSE:FHI ) Q4 2024 Earnings Conference Call January 31, 2025 9:00 AM ET Company Participants Ray Hanley - President, Federated Investors Management Company Chris Donahue - President and CEO Tom Donahue - CFO Deborah Cunningham - Chief Investment Officer, Money Markets Saker Nusseibeh - CEO, Federated Hermes Limited Conference Call Participants Patrick Davitt - Autonomous Research Michael Cahill - JPMorgan Dan Fannon - Jefferies Robin Holby - TD Cowen John Dunn - Evercore ISI Operator Greetings. Welcome to the Federated Hermes, Inc. Q4 2024 Analyst Call and Webcast.

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Federated Hermes Q4 Earnings Beat Estimates, Revenues Increases Y/Y

FHI's fourth-quarter 2024 results benefit from increased revenues and total managed assets balances.

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Compared to Estimates, Federated Hermes (FHI) Q4 Earnings: A Look at Key Metrics

Although the revenue and EPS for Federated Hermes (FHI) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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Federated Hermes (FHI) Q4 Earnings and Revenues Surpass Estimates

Federated Hermes (FHI) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.96 per share a year ago.

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Federated Hermes, Inc. reports record assets under management with fourth quarter and full-year 2024 earnings

Q4 2024 earnings per diluted share of $1.04; full-year 2024 EPS of $3.23 Total assets under management at record $829.6 billion Board declares $0.31 per share quarterly dividend PITTSBURGH , Jan. 30, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) for Q4 2024 of $1.04, compared to $0.96 for the same quarter last year, on net income of $84.7 million for Q4 2024, compared to $82.2 million for Q4 2023. Full-year 2024 EPS was $3.23, compared to $3.40 for 2023 on net income of $268.3 million for 2024, compared to $299.0 million for 2023.

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Federated Hermes (FHI) Reports Next Week: Wall Street Expects Earnings Growth

Federated Hermes (FHI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Small-caps have been a 'disappointing bet': Federated Hermes

Linda Duessel of Federated Hermes says there has been an increase in optimism for small-caps as beneficiaries of expected regulation cuts. She also says Scott Bessent's 3% deficit target could happen if the U.S. economy continues to grow.

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Federated Hermes, Inc. announces fourth quarter and year-end 2024 earnings and conference call dates

PITTSBURGH , Jan. 9, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, will report financial and operating results for the quarter and year ended Dec. 31, 2024 after the market closes on Thursday, Jan. 30, 2025. A conference call for investors and analysts will be held at 9 a.m.

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Federated Hermes Rides on Improving AUM Balance Amid High Expenses

FHI's rising AUM balance and strong liquidity position look encouraging. Yet, growing expenses are concerning.

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