Federated Hermes (FHI) Gross Margin (2018 - 2026)
Federated Hermes (FHI) reported Gross Margin of 73.75% for Q1 2026, down 286.0% on a YoY basis from 39.65% in Q1 2025, and down 1.23% sequentially from 74.66% in Q4 2025.
Federated Hermes (FHI) Gross Margin (2018 - 2026) Analysis & Trends
Federated Hermes (FHI) has 9 years of Gross Margin data on file, last reported at 73.75% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 286.0% year-over-year to 73.75%; the trailing twelve-month figure through Mar 2026 stood at 75.16% (down 155.0% YoY), and the FY2025 full-year result was 75.88%, down 70.0% from the prior year.
- Gross Margin slipped to 73.75% in Q1 2026, from 74.66% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 85.05% in Q1 2022 to a low of 73.75% in Q1 2026.
- A 5-year average of 76.78% and a median of 76.6% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 1210 bps in 2022 and surged 157 bps in 2023, its largest moves.
- Tracing FHI's Gross Margin over 5 years: stood at 75.74% in 2022, then rose by 1 bps to 76.77% in 2023, then grew by 0 bps to 76.91% in 2024, then slipped by 3 bps to 74.66% in 2025, then slipped by 1 bps to 73.75% in 2026.
- Business Quant data shows FHI's Gross Margin at 73.75% in Q1 2026, 74.66% in Q4 2025, and 75.81% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 99.89% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -188.48% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Federated Hermes | 4.16 Bn | 3.70 Bn | 353.21 Mn | 73.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 87.75% |