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Federated Hermes FHI Separate Accounts — Investments

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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
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:MarketableSecuritiesCurrent.

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

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

At March 31, 2026 and December 31, 2025, Federated Hermes held investments in non-consolidated fluctuating-value Federated Hermes Funds of $44.6 million and $50.1 million, respectively, primarily in mutual funds which represent equity investments for Federated Hermes, and held investments in Separate Accounts of $6.1 million and $6.2 million at March 31, 2026 and December 31, 2025, respectively, that were included in Investments—Affiliates and Other on the Consolidated Balance Sheets. Federated Hermes’ investments held in Separate Accounts were primarily composed of stocks of large domestic and foreign companies of $3.9 million and domestic debt securities of $1.7 million at both March 31, 2026 and December 31, 2025.

Item 1. Financial Statements

FAQ

What is Federated Hermes's separate accounts — investments?
Federated Hermes (FHI) reported separate accounts — investments of $6.1M in Q1 2026.
How has Federated Hermes's separate accounts — investments changed year-over-year?
Federated Hermes's separate accounts — investments decreased by 12.9% year-over-year, from $7M to $6.1M.
What does separate accounts — investments mean?
This metric measures the total value of assets under management held within separate account structures. It serves as a primary indicator of the scale and market penetration of the firm's bespoke investment management services. Monitoring this balance helps assess the firm's capacity to grow its client base and manage capital across diverse asset classes within non-pooled accounts.

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