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Companies / Financials / Federated Hermes, Inc.
FHI

Federated Hermes, Inc.

FinancialsBanks & Brokers
Ticker FHIPITTSBURGH, PAFiscal year ends DecemberBook value per share $17.96Diluted shares 71.9M

Federated Hermes, Inc. (NYSE: FHI) is a global investment manager that sponsors and manages funds and separate accounts, and also provides stewardship, real estate development and renewable energy project development services. Its investment offerings span money market, equity, fixed-income, alternative and private… From the company’s description.

Over the twelve months to Sep 30, 2026, Federated Hermes, Inc. reported revenue of $1.97B, up 13.2% from a year earlier, and net income of $421.07M. Its pre-tax margin was 27.8%. In fiscal 2025, it reported revenue of $1.80B, up 10.3% from fiscal 2024, and net income of $414.10M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.80BFY2025
+10.3% year over year
Last 12 mo $1.97B
28.54%FY2025
+6.4 percentage points
Last 12 mo 27.80%
$414.10MFY2025
+54.3% year over year
Last 12 mo $421.07M
33.69%FY2025
+9.2 percentage points
Last 12 mo 32.51%
Cash & financing
$297.35MFY2025
−14.2% year over year
Last 12 mo $405.11M
$294.58MFY2025
−14.0% year over year
Last 12 mo $385.55M
0.29FY2025
Was 0.32× a year earlier
Last 12 mo 0.27
75.1MFY2025
−5.4% year over year
Last 12 mo 71.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Federated Hermes, Inc. does

In the company’s own words

Federated Hermes, Inc. (NYSE: FHI) is a global investment manager that sponsors and manages funds and separate accounts, and also provides stewardship, real estate development and renewable energy project development services. Its investment offerings span money market, equity, fixed-income, alternative and private markets, and multi-asset strategies, serving institutional investors and financial intermediaries as well as the retail investors, corporations and retirement plans they serve. The company operates in one reportable segment, investment management, and earns most of its revenue from investment advisory fees, generally based on assets under management. Its offerings are distributed through U.S. financial intermediaries, U.S. institutional channels and international markets. As of December 31, 2025, Federated Hermes managed $902.6 billion in assets, including $624.3 billion in its funds and $278.3 billion in separate accounts. The business dates to 1955, and it began selling money market fund offerings to institutions in 1974. Its website is www FederatedHermes.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
PITTSBURGH, PA
Fiscal year end
December
CIK
1056288
SIC
6282

Financial performance, year by year

Fiscal 2011–2025 · USD
$-197.19M$394.38M$985.95M$1.58B$2.17B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Federated Hermes, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

280
funds hold it
0 of 35
superinvestors hold it
$1.89B
held by funds, at market
45.6%
of shares held by funds

Largest fund holders · Federated Hermes, Inc.’s weight in each

FULLERTHALER BEHAVIORAL SMALL CAP EQUITY
FTHNX · Capitol Series Trust
1.11%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.11%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
Fidelity Low-Priced Stock Fund
FLPSX · Fidelity Puritan Trust
—of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Federated Hermes, Inc. and its peers compare on margins and cash generation over ten years?”
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