FEDERATED HERMES, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.8B | $1.6B | $1.6B | $1.4B | $1.3B |
| Operating expenses | $1.3B | $1.3B | $1.2B | $1.1B | $934.2M |
| Operating income | $513.9M | $361.5M | $387.5M | $336.8M | $366.3M |
| Interest expense | $12.7M | $12.7M | $12.5M | $11.1M | $1.8M |
| Pretax income | $547.5M | $381.6M | $411.3M | $306.2M | $376.3M |
| Income tax expense | $133.4M | $113.2M | $106.6M | $71.7M | $104.0M |
| Net income | $403.3M | $268.3M | $299.0M | $239.5M | $270.3M |
| Balance Sheet | |||||
| Cash and equivalents | $582.5M | $504.4M | $383.2M | $336.8M | $233.3M |
| Current assets | $863.8M | $781.4M | $720.7M | $651.0M | $559.4M |
| Total assets | $2.2B | $2.1B | $2.1B | $2.0B | $2.0B |
| Current liabilities | $314.1M | $289.2M | $287.3M | $257.4M | $270.7M |
| Total liabilities | $965.9M | $934.0M | $947.7M | $913.0M | $841.0M |
| Stockholders' equity | $1.2B | $1.1B | $1.1B | $1.0B | $1.1B |
| Cash Flow Statement | |||||
| Cash from operations | $297.3M | $346.6M | $311.8M | $323.9M | $170.4M |
| Depreciation and amortization | $8.3M | $9.1M | $13.0M | $15.1M | $15.4M |
| Stock-based compensation | $29.1M | $28.8M | $33.9M | $34.8M | $30.3M |
| Capital expenditure | $2.8M | $4.0M | $7.9M | $4.4M | $10.4M |
| Free cash flow | $294.6M | $342.5M | $303.9M | $319.6M | $160.0M |
| Dividends paid | $104.9M | $184.8M | $98.1M | $97.9M | $105.8M |
| Share repurchases | $262.8M | $137.6M | $177.1M | $218.1M | $228.3M |
| Impairments | $0 | $66.3M | $0 | $31.5M | $0 |
Shares outstanding 75.9M · Free float 95.4%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.