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Federated Hermes FHI Free cash flow

Free cash flow at other companies

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State StreetSTT
-$12.41B-672%
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BlackrockBLK
$1.12B-12.3%
BEN
Franklin ResourcesBEN
$0-100%
StepStone Group Inc. logo
StepStone Group Inc.STEP
-$458.06M-1,114%
APA
Artisan Partners Asset Management Inc.APAM
$181.24M+14.9%
Lazard logo
LazardLAZ
-$221.45M+4.3%

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%

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

Calculated from Federated Hermes’s reported figures.

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 free cash flow?
Federated Hermes (FHI) reported free cash flow of $24M in Q1 2026.
How has Federated Hermes's free cash flow changed year-over-year?
Federated Hermes's free cash flow increased by 80.1% year-over-year, from $13.33M to $24M.
What is the long-term trend for Federated Hermes's free cash flow?
Over 4 years (2021 to 2025), Federated Hermes's free cash flow has grown at a 16.5% compound annual growth rate (CAGR), from $159.96M to $294.58M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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