Growth Metrics

Federated Hermes (FHI) FCF Margin (2010 - 2026)

Federated Hermes recorded quarterly FCF Margin of 5.01% in Q1 2026, down 85.03% quarter-over-quarter from 33.47% in Q4 2025, and up 187.0% year-over-year from 1.75% in Q1 2025.

Federated Hermes' FCF Margin history runs 17 years deep, the most recent figure standing at 5.01% for Q1 2026.

  • In Q1 2026, FCF Margin rose 187.0% year-over-year to 5.01%; the TTM figure through Mar 2026 stood at 16.45% (down 419.0% YoY), while the FY2025 annual figure was 16.36%, down 463.0% from the prior year.
  • FCF Margin came in at 5.01% for Q1 2026 at Federated Hermes, down from 33.47% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 35.34% in Q4 2022 to a low of 6.5% in Q1 2022.
  • A 5-year average of 18.26% and a median of 21.65% in 2025 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin surged 1636 bps in 2022 and sank 1630 bps in 2025, its largest moves.
  • Federated Hermes' FCF Margin stood at 35.34% in 2022, then fell by 8 bps to 32.57% in 2023, then fell by 9 bps to 29.72% in 2024, then grew by 13 bps to 33.47% in 2025, then sank by 85 bps to 5.01% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 5.01%, 33.47%, and 21.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -16.21%
2 Blackstone 92.68 Bn 91.63 Bn - 26.47%
3 Kkr 84.94 Bn 132.45 Bn - 39.82%
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 24.81%
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 32.02%
6 State Street 44.42 Bn 18.75 Bn - -327.00%
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 8.80%
8 Northern Trust 31.21 Bn 31.21 Bn - -24.56%
9 Ares Management 28.85 Bn 32.22 Bn - 27.99%
10 Federated Hermes 4.09 Bn 3.63 Bn 353.21 Mn 5.01%

Historic Data

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DateValue
Mar 31, 2026 5.01%
Dec 31, 2025 33.47%
Sep 30, 2025 21.65%
Jun 30, 2025 4.24%
Mar 31, 2025 3.15%
Dec 31, 2024 29.72%
Sep 30, 2024 29.42%
Jun 30, 2024 20.54%
Mar 31, 2024 3.40%
Dec 31, 2023 32.57%
Sep 30, 2023 25.72%
Jun 30, 2023 15.73%
Mar 31, 2023 1.22%
Dec 31, 2022 35.34%
Sep 30, 2022 29.07%
Jun 30, 2022 26.70%
Mar 31, 2022 -6.50%
Dec 31, 2021 20.76%
Sep 30, 2021 12.71%
Jun 30, 2021 26.96%
Mar 31, 2021 -9.43%
Dec 31, 2020 34.30%
Sep 30, 2020 23.73%
Jun 30, 2020 33.47%
Mar 31, 2020 7.71%
Dec 31, 2019 33.20%
Sep 30, 2019 28.64%
Jun 30, 2019 28.57%
Mar 31, 2019 3.81%
Dec 31, 2018 36.52%
Sep 30, 2018 -17.55%
Jun 30, 2018 33.59%
Mar 31, 2018 17.05%
Dec 31, 2017 67.19%
Sep 30, 2017 35.09%
Jun 30, 2017 22.66%
Mar 31, 2017 11.37%
Dec 31, 2016 30.25%
Sep 30, 2016 28.19%
Jun 30, 2016 20.61%
Mar 31, 2016 8.45%
Dec 31, 2015 32.65%
Sep 30, 2015 33.40%
Jun 30, 2015 24.41%
Mar 31, 2015 6.19%
Dec 31, 2014 34.97%
Sep 30, 2014 20.54%
Jun 30, 2014 21.76%
Mar 31, 2014 7.82%
Dec 31, 2013 63.91%
Sep 30, 2013 24.51%
Jun 30, 2013 20.02%
Mar 31, 2013 7.32%
Dec 31, 2012 30.33%
Sep 30, 2012 64.50%
Jun 30, 2012 21.97%
Mar 31, 2012 12.42%
Dec 31, 2011 -15.21%
Sep 30, 2011 32.41%
Jun 30, 2011 10.69%
Mar 31, 2011 18.69%
Dec 31, 2010 17.21%
Sep 30, 2010 28.78%
Jun 30, 2010 27.59%
Mar 31, 2010 13.86%