Cash flow Federated Hermes, Inc.

Stocks

FHI

US3142111034

Investment Management & Fund Operators

Market Closed - NYSE Other stock markets 21:00:03 15/06/2026 BST			5-day change	1st Jan Change
58.21 ^USD	-0.07%		+2.21%	+11.79%

06-03	European Midday Briefing : Stocks Fall, Oil Rises on U.S-Iran Hostilities	DJ
05-29	Oil eyes weekly drop on Hormuz deal hopes; AI sends stocks to record highs	RE

2054f726b3a2e507a7ef40646685bd.XRTWj2ClFNn3-iNu24ORxTi3_B2M_6ffaUj-ietYa4w.aWSG6hXfTo2TlA4Ajcb5l3XDs2jjudaeKCLGxZECKuANf5DIKZZakoewSA

Published financial data: FEDERATED HERMES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.3B	1.45B	1.61B	1.63B	1.8B
Other Revenues, Total	-	-	-	-	-
Total Revenues	1.3B	1.45B	1.61B	1.63B	1.8B
Cost of Goods Sold, Total	532M	513M	563M	540M	578M
Gross Profit	768M	933M	1.05B	1.09B	1.22B
Selling General & Admin Expenses, Total	368M	527M	608M	633M	693M
Other Operating Expenses	33.53M	54.07M	53.65M	33.68M	15.75M
Other Operating Expenses, Total	402M	581M	662M	666M	709M
Operating Income	366M	352M	384M	425M	514M
Interest Expense, Total	-1.78M	-11.07M	-12.52M	-12.66M	-12.73M
Interest And Investment Income	3.17M	8.97M	22.56M	26.06M	25.29M
Net Interest Expenses	1.39M	-2.1M	10.04M	13.4M	12.56M
Currency Exchange Gains (Loss)	-1.3M	-15.4M	3.4M	2.5M	-
Other Non Operating Income (Expenses)	400K	222K	562K	139K	-36K
EBT, Excl. Unusual Items	367M	335M	398M	441M	526M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	9.53M	-28.7M	13.18M	6.6M	21.12M
Asset Writedown	-	-	-	-66.33M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	376M	306M	411M	382M	548M
Income Tax Expense	104M	71.66M	107M	113M	133M
Earnings From Continuing Operations	272M	235M	305M	268M	414M
Net Income to Company	272M	235M	305M	268M	414M
Minority Interest	-2.02M	4.93M	-5.8M	-116K	-10.8M
Net Income - (IS)	270M	239M	299M	268M	403M
Preferred Dividend and Other Adjustments	11.28M	11.83M	13.98M	11.6M	18.14M
Net Income to Common Incl Extra Items	259M	228M	285M	257M	385M
Net Income to Common Excl. Extra Items	259M	228M	285M	257M	385M
Per Share Items
Net EPS - Basic	2.77	2.65	3.4	3.23	5.13
Basic EPS - Continuing Operations	2.77	2.65	3.4	3.23	5.13
Basic Weighted Average Shares Outstanding	93.6M	85.76M	83.86M	79.43M	75.1M
Net EPS - Diluted	2.75	2.65	3.4	3.23	5.13
Diluted EPS - Continuing Operations	2.75	2.65	3.4	3.23	5.13
Diluted Weighted Average Shares Outstanding	93.6M	85.77M	83.86M	79.43M	75.1M
Normalized Basic EPS	2.43	2.5	2.9	3.47	4.24
Normalized Diluted EPS	2.43	2.5	2.9	3.47	4.24
Dividend Per Share	1.08	1.08	1.11	1.21	1.33
Payout Ratio	39.13	40.88	32.81	68.88	26
Supplemental Items
EBITDA	396M	380M	411M	448M	536M
EBITA	380M	365M	398M	438M	528M
EBIT	366M	352M	384M	425M	514M
EBITDAR	415M	399M	430M	467M	556M
Total Revenues (As Reported)	1.3B	1.45B	1.61B	1.63B	1.8B
Effective Tax Rate - (Ratio)	27.63	23.4	25.9	29.66	24.37
Current Domestic Taxes	81.98M	89.8M	103M	128M	122M
Current Foreign Taxes	2.97M	580K	-540K	477K	488K
Total Current Taxes	84.95M	90.38M	102M	128M	123M
Deferred Domestic Taxes	4.88M	-1.84M	3.5M	-5.21M	12.19M
Deferred Foreign Taxes	14.16M	-16.87M	751K	-9.73M	-1.42M
Total Deferred Taxes	19.03M	-18.72M	4.25M	-14.94M	10.77M
Normalized Net Income	227M	214M	243M	276M	318M
Supplemental Operating Expense Items
Advertising Expense	21.6M	20.93M	22.99M	24.09M	22.99M
Selling and Marketing Expenses	182M	335M	394M	406M	457M
General and Administrative Expenses	161M	160M	179M	192M	199M
Net Rental Expense, Total	19M	19M	19.5M	19.2M	19.8M
Imputed Operating Lease Interest Expense	971K	4.21M	4.29M	4.23M	4.39M
Imputed Operating Lease Depreciation	18.03M	14.79M	15.21M	14.97M	15.41M
Stock-Based Comp., COGS (Total)	9.41M	35.5M	33.95M	28.78M	29.13M
Stock-Based Comp., Other (Total)	30.29M	-	-	-	-
Total Stock-Based Compensation	39.7M	35.5M	33.95M	28.78M	29.13M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	233M	337M	383M	504M	583M
Short Term Investments	193M	185M	177M	137M	142M
Total Cash And Short Term Investments	427M	522M	561M	641M	724M
Accounts Receivable, Total	96.27M	94.01M	124M	106M	89.78M
Total Receivables	96.27M	94.01M	124M	106M	89.78M
Prepaid Expenses	29.32M	27M	29.74M	29.29M	36.83M
Restricted Cash	4.42M	3.77M	3.5M	2.66M	1.35M
Other Current Assets, Total	2.76M	4.49M	2.4M	2.13M	11.54M
Total Current Assets	559M	651M	721M	781M	864M
Gross Property Plant And Equipment	269M	248M	250M	248M	208M
Accumulated Depreciation	-114M	-120M	-120M	-118M	-86.96M
Net Property Plant And Equipment	155M	129M	130M	130M	121M
Long-term Investments	17.5M	-	-	-	-
Goodwill	799M	800M	807M	805M	852M
Other Intangibles, Total	471M	409M	409M	328M	332M
Other Long-Term Assets, Total	15.89M	31.27M	34.53M	40.36M	61.3M
Total Assets	2.02B	2.02B	2.1B	2.08B	2.23B
Liabilities
Accounts Payable, Total	64.02M	73.9M	88.29M	97.21M	99.05M
Accrued Expenses, Total	162M	150M	158M	157M	176M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	17.45M	18.39M	16.28M	16.7M	20.15M
Other Current Liabilities	27.04M	15.36M	24.38M	18.22M	18.62M
Total Current Liabilities	271M	257M	287M	289M	314M
Long-Term Debt	223M	348M	348M	348M	348M
Long-Term Leases	105M	86.81M	93.82M	97.17M	88.49M
Deferred Tax Liability Non Current	205M	180M	186M	171M	184M
Other Non Current Liabilities	36.44M	40.75M	32.45M	28.54M	31.32M
Total Liabilities	841M	913M	948M	934M	966M
Common Stock, Total	449M	441M	475M	504M	533M
Additional Paid In Capital	-	-	2K	-	-
Retained Earnings	1.19B	1.02B	1.19B	1.26B	1.53B
Treasury Stock	-538M	-365M	-521M	-633M	-873M
Comprehensive Income and Other	16.36M	-45.68M	-19.91M	-32.08M	6.48M
Total Common Equity	1.11B	1.05B	1.13B	1.1B	1.2B
Minority Interest	63.2M	61.82M	25.84M	55.51M	66.53M
Total Equity	1.18B	1.11B	1.15B	1.15B	1.26B
Total Liabilities And Equity	2.02B	2.02B	2.1B	2.08B	2.23B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	87.84M	84.75M	80.56M	77.67M	72.49M
ECS Total Common Shares Outstanding	89.25M	84.75M	80.96M	78.13M	72.91M
Book Value / Share	12.48	12.34	13.94	14.02	16.42
Tangible Book Value	-156M	-164M	-88.35M	-37.49M	13.34M
Tangible Book Value Per Share	-1.75	-1.93	-1.09	-0.48	0.18
Total Debt	346M	453M	458M	462M	457M
Net Debt	-80.61M	-68.97M	-103M	-179M	-267M
Debt Equivalent Oper. Leases	152M	152M	156M	154M	158M
Minority Interest, Total (Incl. Fin. Div)	63.2M	61.82M	25.84M	55.51M	66.53M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	24.53M	25.77M	23.56M	23.13M	21.45M
Full Time Employees	1.97K	1.96K	2.02K	2.07K	2.09K
Accumulated Allowance for Doubtful Accounts (Supple)	21K	21K	21K	21K	21K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	270M	239M	299M	268M	403M
Depreciation & Amortization - CF	16.21M	15.58M	12.94M	9.43M	8.56M
Amortization of Goodwill and Intangible Assets - (CF)	13.8M	12.5M	13.9M	13M	13.7M
Depreciation & Amortization, Total	30.01M	28.08M	26.84M	22.43M	22.26M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-6.96M	4.84M	260K	-1.55M	-10.3M
(Gain) Loss on Sale of Investments - (CF)	-1.96M	24.38M	-13.42M	-3.93M	-10.79M
Asset Writedown & Restructuring Costs	-	31.52M	-	66.33M	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	39.7M	35.5M	33.95M	28.78M	29.13M
Other Operating Activities, Total	-148M	-43.84M	-22.63M	-51.4M	-133M
Change In Accounts Receivable	6.66M	-4.37M	-27.57M	17.35M	4.02M
Change In Accounts Payable	-6.36M	4.67M	14.63M	9.36M	5.93M
Change in Other Net Operating Assets	-13M	3.65M	801K	-9.13M	-13.32M
Cash from Operations	170M	324M	312M	347M	297M
Capital Expenditure	-15.74M	-4.37M	-7.92M	-4.02M	-2.76M
Cash Acquisitions	-	-28.11M	-	-	-12.76M
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	26.56M	126K	-22.7M	72.38M	23.55M
Other Investing Activities, Total	-	-	-	-4.1M	-6.03M
Cash from Investing	10.82M	-32.36M	-30.61M	64.25M	2.01M
Long-Term Debt Issued, Total	296M	488M	-	-	-
Total Debt Issued	296M	488M	-	-	-
Long-Term Debt Repaid, Total	-147M	-362M	-	-	-
Total Debt Repaid	-147M	-362M	-	-	-
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-228M	-218M	-177M	-138M	-263M
Common Dividends Paid	-106M	-97.92M	-98.09M	-185M	-105M
Common & Preferred Stock Dividends Paid	-106M	-97.92M	-98.09M	-185M	-105M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-63.71M	20.89M	32.07M	36.03M	130M
Cash from Financing	-249M	-169M	-243M	-286M	-238M
Foreign Exchange Rate Adjustments	-2.31M	-20.17M	7.86M	-3.8M	15.35M
Net Change in Cash	-70.58M	103M	46M	121M	76.81M
Supplemental Items
Cash Interest Paid	1.13M	7.18M	11.65M	11.59M	11.8M
Cash Income Tax Paid (Refund)	91.92M	85.58M	109M	126M	125M
Levered Free Cash Flow	289M	262M	286M	326M	384M
Unlevered Free Cash Flow	290M	269M	294M	334M	392M
Change In Net Working Capital	-7.46M	10.74M	-1.26M	-21.18M	-22.31M
Net Debt Issued / Repaid	148M	127M	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	11.22	10.9	11.65	12.7	14.89
Return on Total Capital	14.72	14.28	15.14	16.49	19.27
Return On Equity %	21.35	20.53	26.95	23.29	34.3
Return on Common Equity	23.01	21.08	26.22	23.09	33.61
Margin Analysis
Gross Profit Margin %	59.05	64.54	65	66.88	67.92
SG&A Margin	28.31	36.44	37.8	38.76	38.5
EBITDA Margin %	30.47	26.3	25.53	27.43	29.77
EBITA Margin %	29.23	25.22	24.73	26.85	29.3
EBIT Margin %	28.16	24.36	23.87	26.06	28.54
Income From Continuing Operations Margin %	20.94	16.22	18.94	16.45	23
Net Income Margin %	20.78	16.56	18.58	16.44	22.4
Net Avail. For Common Margin %	19.92	15.75	17.71	15.73	21.39
Normalized Net Income Margin	17.47	14.82	15.1	16.89	17.67
Levered Free Cash Flow Margin	22.24	18.1	17.79	19.99	21.33
Unlevered Free Cash Flow Margin	22.33	18.58	18.28	20.48	21.78
Asset Turnover
Asset Turnover	0.64	0.72	0.78	0.78	0.83
Fixed Assets Turnover	7.88	10.19	12.45	12.54	14.35
Receivables Turnover (Average Receivables)	12.86	15.2	14.74	14.15	18.37
Short Term Liquidity
Current Ratio	2.07	2.53	2.51	2.7	2.75
Quick Ratio	1.93	2.39	2.38	2.58	2.59
Operating Cash Flow to Current Liabilities	0.63	1.26	1.09	1.2	0.95
Days Sales Outstanding (Average Receivables)	28.38	24.02	24.77	25.86	19.86
Average Days Payable Outstanding	43.1	49.09	52.54	62.81	62.89
Long Term Solvency
Total Debt/Equity	29.4	40.88	39.68	40.15	36.17
Total Debt / Total Capital	22.72	29.02	28.41	28.65	26.56
LT Debt/Equity	27.91	39.22	38.27	38.7	34.58
Long-Term Debt / Total Capital	21.57	27.84	27.4	27.61	25.39
Total Liabilities / Total Assets	41.67	45.19	45.09	44.8	43.32
EBIT / Interest Expense	205.19	31.81	30.69	33.58	40.36
EBITDA / Interest Expense	232.65	36.06	34.39	36.87	43.66
(EBITDA - Capex) / Interest Expense	223.83	35.66	33.75	36.55	43.45
Total Debt / EBITDA	0.83	1.13	1.06	0.99	0.82
Net Debt / EBITDA	-0.19	-0.17	-0.24	-0.38	-0.48
Total Debt / (EBITDA - Capex)	0.87	1.15	1.08	1	0.83
Net Debt / (EBITDA - Capex)	-0.2	-0.17	-0.24	-0.39	-0.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.21	11.18	11.33	1.4	10.33
Gross Profit, 1 Yr. Growth %	-18.72	21.5	12.12	4.34	12.03
EBITDA, 1 Yr. Growth %	-11.56	-2.94	-0.2	8.94	19.08
EBITA, 1 Yr. Growth %	-12.01	-2.9	0.46	10.11	19.69
EBIT, 1 Yr. Growth %	-12.41	-2.65	0.11	10.71	20.12
Earnings From Cont. Operations, 1 Yr. Growth %	-18.96	-13.86	29.94	-11.93	54.27
Net Income, 1 Yr. Growth %	-17.18	-11.39	24.84	-10.26	50.31
Normalized Net Income, 1 Yr. Growth %	-10.25	-5.7	3.88	13.44	15.41
Diluted EPS Before Extra, 1 Yr. Growth %	-14.76	-3.63	28.25	-4.96	58.78
Accounts Receivable, 1 Yr. Growth %	-9.15	-2.35	32.34	-14.62	-15.48
Net Property, Plant and Equip., 1 Yr. Growth %	-11.12	-17.18	1.07	0.23	-7.4
Total Assets, 1 Yr. Growth %	-2.07	0.11	4.03	-0.82	6.94
Tangible Book Value, 1 Yr. Growth %	7.61	5.01	-46.09	-57.56	-135.57
Common Equity, 1 Yr. Growth %	-2.02	-6.13	7.9	-2.93	9.29
Cash From Operations, 1 Yr. Growth %	-54.35	90.13	-3.74	11.14	-14.2
Capital Expenditures, 1 Yr. Growth %	16.63	-72.23	81.04	-49.16	-31.36
Levered Free Cash Flow, 1 Yr. Growth %	-11.85	-8.64	1.79	13.92	17.18
Unlevered Free Cash Flow, 1 Yr. Growth %	-11.95	-6.59	2.06	13.58	16.79
Dividend Per Share, 1 Yr. Growth %	0	0	2.78	9.01	9.92
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1	-0.08	11.25	6.25	5.77
Gross Profit, 2 Yr. CAGR %	-6.83	-0.62	16.72	8.16	8.12
EBITDA, 2 Yr. CAGR %	2.67	-7.88	1.84	6.28	13.75
EBITA, 2 Yr. CAGR %	3.41	-8.11	2.34	7.28	14.64
EBIT, 2 Yr. CAGR %	2.6	-8.22	2.41	7.46	15.15
Earnings From Cont. Operations, 2 Yr. CAGR %	-0.87	-16.45	5.79	6.98	16.56
Net Income, 2 Yr. CAGR %	-0.38	-14.34	5.17	5.85	16.14
Normalized Net Income, 2 Yr. CAGR %	1.53	-8.84	3.43	8.56	14.42
Diluted EPS Before Extra, 2 Yr. CAGR %	1.19	-9.38	11.17	10.4	22.84
Accounts Receivable, 2 Yr. CAGR %	-2.89	-5.81	13.68	6.3	-15.05
Net Property, Plant and Equip., 2 Yr. CAGR %	0.99	-14.2	-8.51	0.65	-3.66
Total Assets, 2 Yr. CAGR %	3.61	-0.98	2.05	1.58	2.99
Tangible Book Value, 2 Yr. CAGR %	-6.75	6.3	-24.76	-52.17	-61.15
Common Equity, 2 Yr. CAGR %	3.43	-4.1	0.64	2.34	3
Cash From Operations, 2 Yr. CAGR %	-28.68	-6.84	35.28	3.43	-2.35
Capital Expenditures, 2 Yr. CAGR %	-53.59	-43.09	-29.1	-4.06	-40.93
Levered Free Cash Flow, 2 Yr. CAGR %	11.88	-10.69	-0.49	9.57	15.39
Unlevered Free Cash Flow, 2 Yr. CAGR %	11.34	-9.75	0.67	9.51	15.03
Dividend Per Share, 2 Yr. CAGR %	0	0	1.38	5.85	9.46
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.62	2.9	3.58	7.87	7.59
Gross Profit, 3 Yr. CAGR %	-0.56	1.79	3.45	12.44	9.44
EBITDA, 3 Yr. CAGR %	4.49	0.38	-2.84	4.15	10.59
EBITA, 3 Yr. CAGR %	4.14	0.86	-2.69	4.87	11.48
EBIT, 3 Yr. CAGR %	3.51	0.41	-2.79	5.11	11.74
Earnings From Cont. Operations, 3 Yr. CAGR %	7	-5.41	-3.2	-0.48	20.86
Net Income, 3 Yr. CAGR %	7.06	-4.19	-2.88	-0.24	18.97
Normalized Net Income, 3 Yr. CAGR %	3.66	-0.94	-1.95	6.66	10.8
Diluted EPS Before Extra, 3 Yr. CAGR %	8.12	-0.45	1.74	5.51	24.62
Accounts Receivable, 3 Yr. CAGR %	0.42	-2.71	5.5	3.33	-1.52
Net Property, Plant and Equip., 3 Yr. CAGR %	42.88	-5.47	-9.38	-5.68	-2.11
Total Assets, 3 Yr. CAGR %	9.35	2.43	0.66	1.09	3.33
Tangible Book Value, 3 Yr. CAGR %	-18.86	-2.99	-15.23	-37.83	-56.67
Common Equity, 3 Yr. CAGR %	9.13	0.14	-0.26	-0.57	4.61
Cash From Operations, 3 Yr. CAGR %	-6.17	-1.11	-5.82	26.7	-2.82
Capital Expenditures, 3 Yr. CAGR %	-3.04	-60.89	-16.3	-36.54	-14.19
Levered Free Cash Flow, 3 Yr. CAGR %	6.4	4.23	-4.43	4.1	12.23
Unlevered Free Cash Flow, 3 Yr. CAGR %	6	4.67	-3.73	4.8	12.06
Dividend Per Share, 3 Yr. CAGR %	0.62	0	0.92	3.86	7.19
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.61	5.56	7.22	4.23	4.45
Gross Profit, 5 Yr. CAGR %	-1.94	2.78	6.02	4.29	5.3
EBITDA, 5 Yr. CAGR %	2.79	1.55	3.42	3.56	3.65
EBITA, 5 Yr. CAGR %	2.45	1.29	3.42	4.28	4.08
EBIT, 5 Yr. CAGR %	1.76	0.62	3.07	4.1	4.21
Earnings From Cont. Operations, 5 Yr. CAGR %	4.22	-4.48	6.51	-0.64	4.27
Net Income, 5 Yr. CAGR %	5.29	-3.84	6.3	-0.3	4.32
Normalized Net Income, 5 Yr. CAGR %	2.67	0.27	3.57	4.58	4.3
Diluted EPS Before Extra, 5 Yr. CAGR %	6.26	-1.58	9.33	3.76	9.71
Accounts Receivable, 5 Yr. CAGR %	16.53	11.94	5.53	0.8	-3.26
Net Property, Plant and Equip., 5 Yr. CAGR %	31.64	27.84	19.55	-3.07	-7.14
Total Assets, 5 Yr. CAGR %	11.81	10.41	6.37	2.09	1.58
Tangible Book Value, 5 Yr. CAGR %	2.44	46.48	-21.27	-26.89	-37.95
Common Equity, 5 Yr. CAGR %	13.37	6.56	5.65	1.01	1.03
Cash From Operations, 5 Yr. CAGR %	-8.5	-3.51	8.62	0.68	-4.44
Capital Expenditures, 5 Yr. CAGR %	4.17	-14.91	-14.45	-44	-27.19
Levered Free Cash Flow, 5 Yr. CAGR %	4.5	3.11	3.59	7.14	3.21
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.35	3.38	3.83	7.37	3.52
Dividend Per Share, 5 Yr. CAGR %	1.55	1.55	0.93	2.3	4.25