Company Analysis

Federated Hermes, Inc. (FHI)

NYSE: FHI · Investment Advice · Pittsburgh, PA · filing with the SEC since 1998
Grade6.7
◀ Past 7.2● Present 7.1▶ Future 5.8

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 27, 2026Feb 28, 2025Feb 23, 2024Feb 24, 2023Feb 25, 2022Feb 26, 2021Feb 21, 2020Feb 22, 2019Feb 23, 2018Feb 24, 2017
Revenue1,800,6631,632,0931,609,5741,445,8141,300,4471,448,2681,326,8941,135,6771,102,9241,143,371
Total operating expenses1,286,7811,270,6261,222,0251,109,018934,1751,030,117978,967805,397761,416807,688
Operating income513,882361,467387,549336,796366,272418,151347,927330,280341,508335,683
Interest and investment income25,29226,06522,5598,9733,1714,1194,4505,9857,2367,256
Other income (expense), net-36139562222-9008,39812,965-29,849-4260
Total non-operating income (expense)33,64420,14223,783-30,57410,01827,90617,344-34,10610,4945,251
Income before income taxes547,526381,609411,332306,222376,290446,057365,271296,174352,002340,934
Income tax expense133,431113,179106,55171,658103,982110,03588,14673,87557,101119,420
Net income including non-controlling interests414,095268,430304,781234,564272,308336,022277,125222,299294,901221,514
Net income to non-controlling interests10,7961165,801-4,9322,0159,6584,7862,0023,56012,595
Net income403,299268,314298,980239,496270,293326,364272,339220,297291,341208,919
Net income to common shareholders385,159256,709284,999227,668259,435r313,849r262,105211,742279,921201,287
Earnings per share, basic5.133.233.402.652.773.252.692.18··
Earnings per share, diluted5.133.233.402.652.753.232.692.18··
Earnings per share, basic and diluted······2.692.182.872.03
Weighted average shares, basic75,10179,42683,85885,76293,754r96,503r97,25996,94997,41199,116
Weighted average shares, diluted75,10379,43083,86385,76693,771r96,503r97,25996,94997,41299,117
Weighted average shares, basic and diluted·····96,41997,25996,949··
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend
us-gaap:InvestmentIncomeNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton FHI · research, not advice