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Federated Hermes FHI Debt-to-equity

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Other financials

Income statement

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Revenue$479.0M+13.1%
Operating income$126.3M-4.1%
Net income$96.4M-4.7%
EPS (diluted)$1.27+1.6%

Balance sheet

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Cash & equivalents$513.9M+32.6%
Total debt$450.5M-1.9%
Total equity$1.2B+11.9%
Total assets$2.1B+7.1%

Cash flow

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Operating cash flow$28.8M+102%
CapEx$4.8M+398%
Free cash flow$24.0M+80.1%

Valuation

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Market cap$4.72B+18.3%
Enterprise value$4.66B+14.2%
P/E11.9×+0.9×
P/S2.5×+0.2×

Profitability

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Operating margin27.4%+3.6pp
Net margin21.5%+3.7pp
FCF margin16.4%-4.2pp

Returns & leverage

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Return on equity35%+8.5pp
Current ratio3.3×+0.2×

Where this comes from

Calculated from Federated Hermes’s reported figures.

Based on the most recent quarter.

The source filing: Federated Hermes’s 10-Q, filed May 1, 2026. Open the filing →

Filed
May 1, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001056288-26-000018

FAQ

What is Federated Hermes's debt-to-equity?
Federated Hermes (FHI) reported debt-to-equity of 0.4× in Q1 2026.
How has Federated Hermes's debt-to-equity changed year-over-year?
Federated Hermes's debt-to-equity decreased by 12.3% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Federated Hermes's debt-to-equity?
Over 5 years (2020 to 2025), Federated Hermes's debt-to-equity has grown at a 25.8% compound annual growth rate (CAGR), from 0.1× to 0.4×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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