Where do Federated Hermes's ratios come from?

Every ratio is computed from Federated Hermes's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Federated Hermes FHI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	27.4%+3.6pp	28.5%+6.4pp	28%+5.9pp	28%+6.5pp	23.8%-0.9pp
Net margin	21.5%+3.7pp	22.4%+6.0pp	21.9%+5.2pp	21.7%+5.8pp	17.7%-1.0pp
EBITDA margin	28.6%+3.5pp	29.8%+6.3pp	29.3%+5.8pp	29.3%+6.3pp	25.1%-1.1pp
Free cash flow margin	16.4%-4.2pp	16.4%-4.6pp	14.9%-6.6pp	16.5%-4.0pp	20.6%+1.4pp
Returns
Return on equity	35%+8.5pp	35.2%+11.1pp	33.6%+9.2pp	34.2%+10.6pp	26.5%-0.5pp
Return on assets	19.2%+4.8pp	18.7%+5.9pp	18.1%+5.1pp	17.9%+5.2pp	14.4%-0.5pp
Return on invested capital	33.3%+9.6pp	36.6%+14.1pp	32%+10.8pp	29.8%+9.7pp	23.7%+0.1pp
Efficiency
Asset turnover	0.9×+0.1×	0.8×+0.1×	0.8×0.0×	0.8×0.0×	0.8×0.0×
Liquidity
Current ratio	3.3×+0.2×	2.7×0.0×	3.1×+0.4×	3.4×+0.6×	3×-0.3×
Quick ratio	3.3×+0.2×	2.7×0.0×	3.1×+0.4×	3.4×+0.6×	3×-0.3×
Cash ratio	2.1×+0.4×	1.9×+0.1×	2×+0.5×	1.6×+0.3×	1.7×0.0×
Leverage
Debt-to-equity	0.4×-0.1×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Debt-to-assets	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Net debt / EBITDA	-0.1×-0.3×	-0.2×-0.1×	-0.1×-0.3×	0.2×-0.2×	0.2×0.0×
Interest coverage	39.9×+8.8×	40.4×+11.8×	38.4×+10.4×	37.1×+9.8×	31.1×-0.9×
Valuation
Market capitalization	$4.3B+30.1%	$4.04B+20.1%	$4.03B+36.9%	$3.45B+30.0%	$3.31B+13.4%
Enterprise value	$4.24B+25.5%	$3.91B+17.8%	$3.98B+32.1%	$3.54B+26.6%	$3.38B+12.2%
Price / earnings	10.8×-0.4×	10×-2.5×	10.6×-0.5×	9.5×-1.0×	11.2×+1.7×
Price / sales	2.3×+0.3×	2.2×+0.2×	2.3×+0.5×	2.1×+0.4×	2×+0.2×
Price / book	3.6×+0.5×	3.4×+0.3×	3.4×+0.7×	3.1×+0.5×	3.1×+0.5×
EV / EBITDA	8×-0.1×	7.3×-1.4×	7.8×-0.2×	7.2×-0.5×	8.1×+1.0×
EV / sales	2.3×+0.2×	2.2×+0.1×	2.3×+0.4×	2.1×+0.3×	2×+0.2×
Free cash flow yield	7.1%-3.3pp	7.3%-2.9pp	6.4%-5.3pp	8.1%-4.3pp	10.4%-0.4pp
Earnings yield	9.3%+0.4pp	10%+2.0pp	9.5%+0.4pp	10.6%+1.0pp	8.9%-1.5pp
Dividend yield	2.5%-3.2pp	2.6%-2.9pp	2.6%-3.7pp	3%-3.9pp	5.6%+2.3pp
PEG ratio	0.3×—	0.2×—	0.2×—	0.2×—	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Federated Hermes.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

Where do Federated Hermes's ratios come from?: Every ratio is computed from Federated Hermes's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.