Federated Hermes (FHI) Gross Margin (2018 - 2026)
Federated Hermes (FHI) posted quarterly Gross Margin of 75.78% for Q2 2026, down 82.0% year-over-year from 421.01% in Q2 2025, and up 2.76% on a QoQ basis from 73.75% in Q1 2026.
Federated Hermes (FHI) Gross Margin (2018 - 2026) Analysis & Trends
Federated Hermes has reported Gross Margin for 9 years, with the latest figure at 75.78% in Q2 2026.
- Gross Margin for Q2 2026 came in at 75.78%, down 82.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 75.0% (down 166.0% YoY), and the FY2025 annual result was 75.88%, down 70.0% from the prior year.
- Gross Margin advanced to 75.78% in Q2 2026, from 73.75% in the prior quarter.
- Over five years, Gross Margin peaked at 85.05% in Q1 2022 and troughed at 73.75% in Q1 2026.
- A 5-year average of 76.72% and a median of 76.57% in 2025 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin slumped 1210 bps; it then surged 157 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 75.74% in 2022, then climbed by 1 bps to 76.77% in 2023, then gained by 0 bps to 76.91% in 2024, then fell by 3 bps to 74.66% in 2025, then increased by 1 bps to 75.78% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 75.78% in Q2 2026, 73.75% in Q1 2026, and 74.66% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.41 Bn | 165.54 Bn | - | - |
| 2 | Blackstone | 114.65 Bn | 112.14 Bn | - | - |
| 3 | Kkr | 97.06 Bn | -180.01 Bn | - | - |
| 4 | Brookfield | 93.26 Bn | 45.85 Bn | - | - |
| 5 | Brookfield Asset Management | 83.24 Bn | 81.74 Bn | - | - |
| 6 | Apollo Global Management | 78.35 Bn | 52.97 Bn | 10.54 Bn | 94.50% |
| 7 | State Street | 51.64 Bn | 51.64 Bn | - | - |
| 8 | Ameriprise Financial | 51.15 Bn | 40.10 Bn | 4.72 Bn | 94.14% |
| 9 | Raymond James Financial | 34.04 Bn | 20.79 Bn | - | - |
| 10 | Federated Hermes | 4.58 Bn | 4.16 Bn | 381.01 Mn | 75.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 75.78% |
| Mar 31, 2026 | 73.75% |
| Dec 31, 2025 | 74.66% |
| Sep 30, 2025 | 75.81% |
| Jun 30, 2025 | 76.60% |
| Mar 31, 2025 | 76.61% |
| Dec 31, 2024 | 76.91% |
| Sep 30, 2024 | 76.53% |
| Jun 30, 2024 | 76.77% |
| Mar 31, 2024 | 76.06% |
| Dec 31, 2023 | 76.77% |
| Sep 30, 2023 | 77.69% |
| Jun 30, 2023 | 77.59% |
| Mar 31, 2023 | 75.58% |
| Dec 31, 2022 | 75.74% |
| Sep 30, 2022 | 76.12% |
| Jun 30, 2022 | 76.98% |
| Mar 31, 2022 | 85.05% |
| Dec 31, 2021 | 87.60% |
| Sep 30, 2021 | 88.22% |