Federated Hermes (FHI) FCF Margin (2010 - 2026)
Federated Hermes (FHI) recorded FCF Margin of 15.85% in Q2 2026, up 11.61 percentage points from 4.24% a year earlier and up 10.84 percentage points from the prior quarter.
Federated Hermes (FHI) FCF Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Federated Hermes' FCF Margin came in at 18.97% as of Jun 30, 2026, up 2.46 percentage points year-over-year; for FY2025, it came in at 16.36%, down 4.63 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -8.48 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 20.99% in FY2024 (+2.11 pp), 18.88% in FY2023 (-3.22 pp), 22.10% in FY2022 (+9.80 pp) and 12.30% in FY2021 (-12.54 pp).
- Quarterly FCF Margin has ranged from -6.50% in Q1 2022 to 35.34% in Q4 2022 over the past five years.
- On a year-over-year basis, FCF Margin has increased for three consecutive quarters, with an average year-over-year change of -0.78 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 16.36 percentage points in Q3 2022, against a drop of 16.30 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.01% (Q1 2026), 33.47% (Q4 2025) and 21.65% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 15.78% |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 37.86% |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 55.96% |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 30.52% |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 25.83% |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 69.90% |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 83.08% |
| 10 | Federated Hermes | 4.22 Bn | 1.86 Bn | - | 15.85% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.85% |
| 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% |
Federated Hermes FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FHI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();