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Net margin at other companies

State Street logo
State StreetSTT
23%+1.7pp
Blackrock logo
BlackrockBLK
24.1%-5.6pp
BEN
Franklin ResourcesBEN
8.1%+2.5pp
StepStone Group Inc. logo
StepStone Group Inc.STEP
-30.5%+112pp
APA
Artisan Partners Asset Management Inc.APAM
23.5%+0.2pp
Apollo Global Management logo
Apollo Global ManagementAPO
3.6%-11.0pp

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
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.

Based on trailing twelve months.

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 net margin?
Federated Hermes (FHI) reported net margin of 21.5% in Q1 2026.
How has Federated Hermes's net margin changed year-over-year?
Federated Hermes's net margin increased by 21.0% year-over-year, from 17.7% to 21.5%.
What is the long-term trend for Federated Hermes's net margin?
Over 5 years (2020 to 2025), Federated Hermes's net margin has grown at a -0.1% compound annual growth rate (CAGR), from 22.5% to 22.4%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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