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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Operating margin	28.5%+6.4pp	22.1%-1.9pp	24.1%+0.8pp	23.3%-4.9pp
Net margin	22.4%+6.0pp	16.4%-2.1pp	18.6%+2.0pp	16.6%-4.2pp
EBITDA margin	29.8%+6.3pp	23.5%-2.2pp	25.7%+0.5pp	25.2%-5.2pp
Free cash flow margin	16.4%-4.6pp	21%+2.1pp	18.9%-3.2pp	22.1%+9.8pp
Returns
Return on equity	35.2%+11.1pp	24.1%-3.4pp	27.5%+5.3pp	22.2%-1.8pp
Return on assets	18.7%+5.9pp	12.8%-1.7pp	14.5%+2.6pp	11.9%-1.4pp
Return on invested capital	36.6%+14.1pp	22.5%-1.7pp	24.3%+2.7pp	21.6%-2.5pp
Efficiency
Asset turnover	0.8×+0.1×	0.8×0.0×	0.8×+0.1×	0.7×+0.1×
Liquidity
Current ratio	2.7×0.0×	2.7×+0.2×	2.5×0.0×	2.5×+0.5×
Quick ratio	2.7×0.0×	2.7×+0.2×	2.5×0.0×	2.5×+0.5×
Cash ratio	1.9×+0.1×	1.7×+0.4×	1.3×0.0×	1.3×+0.4×
Leverage
Debt-to-equity	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×+0.1×
Debt-to-assets	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×+0.1×
Net debt / EBITDA	-0.2×-0.1×	-0.1×-0.3×	0.2×-0.1×	0.3×0.0×
Interest coverage	40.4×+11.8×	28.5×-2.4×	31×+0.5×	30.4×-175×
Valuation
Market capitalization	$4.04B+20.1%	$3.36B+21.2%	$2.78B-9.8%	$3.08B-7.0%
Enterprise value	$3.91B+17.8%	$3.32B+16.5%	$2.85B-10.7%	$3.19B-6.7%
Price / earnings	10×-2.5×	12.5×+3.3×	9.3×-3.6×	12.8×+0.6×
Price / sales	2.2×+0.2×	2.1×+0.3×	1.7×-0.4×	2.1×-0.4×
Price / book	3.4×+0.3×	3.1×+0.6×	2.5×-0.5×	2.9×0.0×
EV / EBITDA	7.3×-1.4×	8.7×+1.8×	6.9×-1.9×	8.7×+0.1×
EV / sales	2.2×+0.1×	2×+0.3×	1.8×-0.4×	2.2×-0.4×
Free cash flow yield	7.3%-2.9pp	10.2%-0.8pp	11%+0.6pp	10.4%+5.6pp
Earnings yield	10%+2.0pp	8%-2.8pp	10.8%+3.0pp	7.8%-0.4pp
Dividend yield	2.6%-2.9pp	5.5%+2.0pp	3.5%+0.4pp	3.2%0.0pp
PEG ratio	0.2×—	——	0.4×—	——

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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.