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Federated Hermes FHI Administrative Service Fees, net—Affiliates — Total Revenue

Other product segments

Investment Advisory
$252.4M+13.0%
Other Service Fees, net
$44.79M+45.1%

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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$4.48B+30.1%
Enterprise value$4.42B+25.5%
P/E11.3×-0.5×
P/S2.4×+0.3×

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
Debt / equity0.4×-0.1×
Current ratio3.3×+0.2×

Where this comes from

Reported directly by Federated Hermes in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Federated Hermes’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Federated Hermes's administrative service fees, net—affiliates — total revenue?
Federated Hermes (FHI) reported administrative service fees, net—affiliates — total revenue of $110.29M in Q1 2026.
How has Federated Hermes's administrative service fees, net—affiliates — total revenue changed year-over-year?
Federated Hermes's administrative service fees, net—affiliates — total revenue increased by 9.1% year-over-year, from $101.11M to $110.29M.
What is the long-term trend for Federated Hermes's administrative service fees, net—affiliates — total revenue?
Over 4 years (2021 to 2025), Federated Hermes's administrative service fees, net—affiliates — total revenue has grown at a 8.2% compound annual growth rate (CAGR), from $306.64M to $419.76M.
What does administrative service fees, net—affiliates — total revenue mean?
This metric represents the total revenue generated from administrative and support services provided to affiliated investment vehicles or entities. It reflects the firm's ability to monetize its operational infrastructure and service capabilities within its internal ecosystem. Growth in this area indicates successful scaling of administrative support functions and increased activity levels across the firm's managed asset base.