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Federated Hermes FHI Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Debt Expense(3,185)(3,179)
Other, net(30)(27)
Total Nonoperating Income (Expenses), net3,4384,269
Income Before Income Taxes129,769136,041
Income Tax Provision33,82332,165
Net Income Including the Noncontrolling Interests in Subsidiaries95,946103,876
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries(432)2,742
Net Income$96,378$101,134

Item 1. Financial Statements

FAQ

What is Federated Hermes's pre-tax income?
Federated Hermes (FHI) reported pre-tax income of $129.77M in Q1 2026.
How has Federated Hermes's pre-tax income changed year-over-year?
Federated Hermes's pre-tax income decreased by 4.6% year-over-year, from $136.04M to $129.77M.
What is the long-term trend for Federated Hermes's pre-tax income?
Over 4 years (2021 to 2025), Federated Hermes's pre-tax income has grown at a 9.8% compound annual growth rate (CAGR), from $376.29M to $547.53M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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