FEDERATED HERMES, INC.

Listed Company

FHICIK 0001056288NYSELarge AcceleratedInvestment AdvicePennsylvaniaFY ends Dec 31

Period

FY 2025

Revenue

$1.80B

Net Income

$403.30M

Total Assets

$2.23B

Equity

$1.20B

Shares Out

—

Op. Cash Flow

$297.35M

+ 13F Filer

FHI$56.58+24.93% · past yearDBEQ Basic

Daily closing prices

Business

Federated Hermes, Inc. is a global investment manager providing active investment advisory services across money market, equity, fixed-income, alternative and private markets, and multi-asset strategies. The company sponsors and manages a substantial number of Federated Hermes Funds and separate accounts, earning revenue primarily from investment advisory fees based on assets under management. The company distributes its offerings through financial intermediaries, institutional clients, and international markets, and also provides stewardship, real estate development, and renewable energy project development services.

Summary from 10-K filed 2026-02-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total Revenue	1,801	1,632	1,610	1,446	1,300
Compensation and Related	578	540	563	513	532
Distribution	434	382	371	315	161
Systems and Communications	98	93	84	78	75
Professional Service Fees	81	78	70	58	60
Office and Occupancy	40	40	45	43	45
Advertising and Promotional	23	24	23	21	22
Travel and Related	17	15	15	12	5
Intangible Asset Related	14	79	14	44	14
Other	2	18	36	25	—
Total Operating Expenses	1,287	1,271	1,222	1,109	934
Operating Income	514	361	388	337	366
Investment Income, net	25	26	23	9	3
Gain (Loss) on Securities, net	21	7	13	−29	10
Debt Expense	−13	−13	−13	−11	−2
Other, net	−36,000	139,000	562,000	222,000	−900,000
Total Nonoperating Income (Expenses), net	34	20	24	−31	10
Income Before Income Taxes	548	382	411	306	376
Income Tax Provision	133	113	107	72	104
Net Income Including the Noncontrolling Interests in Subsidiaries	414	268	305	235	272
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries	11	116,000	6	−5	2
Net Income	403	268	299	239	270
Earning per common share - basic (usd per share)	5.13	3.23	3.4	2.65	2.77
Earnings per common sharediluted (usd per share)	5.13	3.23	3.4	2.65	2.75
Cash dividends per share (usd per share)	1.33	2.21	1.11	1.08	1.08

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and Cash Equivalents	583	504	383	337	233
Prepaid Expenses	37	29	30	27	29
Other Current Assets	13	5	6	8	7
Total Current Assets	864	781	721	651	559
Goodwill	852	805	807	800	799
Intangible Assets, net	332	328	409	409	471
Property and Equipment, net	25	26	31	36	47
Right-of-Use Assets, net	96	105	99	93	108
Other Long-Term Assets	61	40	35	31	33
Total Long-Term Assets	1,366	1,303	1,381	1,369	1,459
Total Assets	2,229	2,085	2,102	2,020	2,018
Accounts Payable and Accrued Expenses	99	100	88	74	64
Accrued Compensation and Benefits	176	157	158	150	162
Lease Liabilities	20	17	16	18	17
Other Current Liabilities	19	15	24	15	27
Total Current Liabilities	314	289	287	257	271
Long-Term Debt	348	348	348	348	223
Long-Term Deferred Tax Liability, net	184	171	186	180	205
Long-Term Lease Liabilities	88	97	94	87	105
Other Long-Term Liabilities	31	29	32	41	36
Total Long-Term Liabilities	652	645	660	656	570
Total Liabilities	966	934	948	913	841
Commitments and Contingencies (Note (20))	—	—	—	—	—
Redeemable Noncontrolling Interests in Subsidiaries	67	56	26	62	63
Retained Earnings	1,531	1,257	1,195	1,016	1,187
Treasury Stock, at Cost, 23,118,490 and 17,745,777 Shares Class B Common Stock, respectively	−873	−633	−521	−365	−538
Accumulated Other Comprehensive Income (Loss), net of tax	6	−32	−20	−46	16
Total Permanent Equity	1,197	1,095	1,128	1,046	1,114
Total Liabilities, Temporary Equity and Permanent Equity	2,229	2,085	2,102	2,020	2,018

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and Amortization	22	22	27	28	30
Share-Based Compensation Expense	29	29	34	35	30
(Gain) Loss on Disposal of Assets	−10	−2	260,000	5	−7
(Benefit) Provision for Deferred Income Taxes	11	−15	4	−19	18
Impairment of Intangible Asset	0	66	0	32	0
Net Unrealized (Gain) Loss on Investments	−11	−4	−13	24	−2
Net Sales (Purchases) of InvestmentsConsolidated Investment Companies	−146	−29	−34	−20	−179
Consolidation/(Deconsolidation) of Investment Companies	−8	−8	2	−20,000	10
(Increase) Decrease in Receivables, net	4	17	−28	−4	7
(Increase) Decrease in Prepaid Expenses and Other Assets	−18	20	21	19	10
Increase (Decrease) in Accounts Payable and Accrued Expenses	6	9	15	5	−6
Increase (Decrease) in Other Liabilities	5	−29	−20	−15	−22
Net Cash Provided (Used) by Operating Activities	297	347	312	324	170
Purchases of InvestmentsAffiliates and Other	−19	−48	−58	−23	−9
Cash Paid for Business Acquisitions, net of Cash Acquired	−13	0	0	−28	0
Proceeds from Redemptions of InvestmentsAffiliates and Other	42	120	35	23	36
Cash Paid for Property and Equipment	−3	−4	−8	−4	−10
Other Investing Activities	−6	−4	0	0	—
Net Cash Provided (Used) by Investing Activities	2	64	−31	−32	11
Dividends Paid	−105	−185	−98	−98	—
Purchases of Treasury Stock	−263	−138	−177	−218	−228
Distributions to Noncontrolling Interests in Subsidiaries	−35	−31	−40	−26	−5
Contributions from Noncontrolling Interests in Subsidiaries	164	69	73	55	108
Cash Paid for Business Acquisitions	0	−3	−2	−7	−2
Other Financing Activities	1	1	1	−1	1
Net Cash Provided (Used) by Financing Activities	−238	−286	−243	−169	−249
Effect of Exchange Rates on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	15	−4	8	−20	−2
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	77	121	46	103	−71
Interest	12	12	12	7	1

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Holdings (13F)

Portfolio as of 2026-01-14 · 3,852 positions

Reported AUM

$44.26B

Holdings

3.9K

Top sector

$44.26B

Top sectors

Sector	Value	% of portfolio
Uncategorized	$44.26B	100.0%

Top holdings

Issuer	Ticker	Shares	Value	%
ABBVIE INC	—	2.73M	$442.51M	1.0%
APPLE INC	—	2.36M	$412.93M	0.9%
EXXON MOBIL CORP	—	4.72M	$390.17M	0.9%
PHILIP MORRIS INTL INC	—	4.13M	$388.09M	0.9%
CHEVRON CORP NEW	—	2.09M	$339.64M	0.8%
MICROSOFT CORP	—	1.09M	$337.50M	0.8%
GILEAD SCIENCES INC	—	5.57M	$331.17M	0.8%
MERCK & CO INC	—	4.00M	$327.96M	0.7%
SOUTHERN CO	—	4.47M	$323.96M	0.7%
CREDICORP LTD	—	1.83M	$314.71M	0.7%

Frequently asked questions

What is FEDERATED HERMES, INC.'s CIK number?

FEDERATED HERMES, INC.'s SEC CIK number is 0001056288 (1056288). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find FEDERATED HERMES, INC.'s SEC filings?

All of FEDERATED HERMES, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did FEDERATED HERMES, INC. last report earnings?

FEDERATED HERMES, INC. (FHI) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001056288-26-000016). This is FEDERATED HERMES, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is FEDERATED HERMES, INC.'s most recent earnings 8-K?

FEDERATED HERMES, INC.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001056288-26-000016. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View FEDERATED HERMES, INC.'s latest earnings 8-K →
Look up any company's CIK number →