Federated Hermes, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 1.30B | 1.45B | 1.61B | 1.63B | 1.81B | 11.0% | |
| Cost of Revenue | (532.49M) | (512.71M) | (563.39M) | (540.49M) | (478.91M) | -11.4% | |
Gross Profit | 767.96M | 933.10M | 1.05B | 1.09B | 1.33B | 22.0% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (368.15M) | (514.38M) | (592.98M) | (617.23M) | (523.56M) | -15.2% | |
| General & Administrative | (185.67M) | (178.89M) | (198.79M) | (210.81M) | (500.57M) | 137.4% | |
| Selling & Marketing | (182.48M) | (335.49M) | (394.19M) | (406.42M) | (22.99M) | -94.3% | |
| Depreciation & Amortization | (30.01M) | (28.09M) | (26.87M) | (22.43M) | (22.26M) | -0.8% | |
Operating Income (EBIT) | 366.27M | 336.80M | 387.55M | 361.47M | 535.00M | 48.0% | |
| Non-Operating Items | |||||||
| Interest Income | 3.17M | 8.97M | — | 26.07M | 25.29M | -3.0% | |
| Interest Expense | (1.78M) | (11.07M) | (12.52M) | — | (12.73M) | — | |
| Other Income/Expenses (Net) | 10.02M | -30.57M | 23.78M | 20.14M | 12.52M | -37.8% | |
Income Before Tax | 376.29M | 306.22M | 411.33M | 381.61M | 547.53M | 43.5% | |
| Income Tax Expense | (103.98M) | (71.66M) | (106.55M) | (113.18M) | (133.43M) | 17.9% | |
Net Income | 270.29M | 239.50M | 298.98M | 268.31M | 403.30M | 50.3% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $3 | $3 | $3 | $3 | $5 | 66.3% | |
| Weighted Avg Shares Outstanding | 93.60M | 85.76M | 83.86M | 79.43M | 75.10M | -5.4% | |
| Weighted Avg Shares Outstanding (Diluted) | 93.60M | 85.76M | 83.86M | 79.43M | 75.10M | -5.4% | |
EBITDA | 408.08M | 396.40M | 427.60M | 416.70M | 582.52M | 39.8% |
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