Federated Hermes (FHI) Gross Margin (2018 - 2026)
Federated Hermes' (FHI) quarterly Gross Margin came in at 75.78% in Q2 2026, down 82.0% year-over-year from 421.01% in Q2 2025, and up 2.76% quarter-over-quarter from 73.75% in Q1 2026.
Analysis
Federated Hermes (FHI) Gross Margin (2018 - 2026) Analysis & Trends
Federated Hermes has disclosed Gross Margin across 9 years of filings, most recently posting 75.78% for Q2 2026.
- In Q2 2026, Gross Margin fell 82.0% year-over-year to 75.78%; the TTM figure through Jun 2026 stood at 75.0% (down 166.0% YoY), while the FY2025 annual figure was 75.88%, down 70.0% from the prior year.
- Gross Margin came in at 75.78% for Q2 2026 at Federated Hermes, up from 73.75% 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.
- Average Gross Margin over 5 years is 76.72%, with a median of 76.57% recorded in 2025.
- Year-over-year, Gross Margin sank 1210 bps in 2022 and soared 157 bps in 2023.
- Over 5 years, Gross Margin stood at 75.74% in 2022, then gained by 1 bps to 76.77% in 2023, then increased by 0 bps to 76.91% in 2024, then dropped by 3 bps to 74.66% in 2025, then climbed 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.98 Bn | 151.11 Bn | - | - |
| 2 | Spdr Gold Trust | 143.46 Bn | -414.54 Bn | - | - |
| 3 | Ishares Gold Trust | 30.01 Bn | -30.09 Bn | - | - |
| 4 | World Gold Trust | 29.01 Bn | -74.06 Bn | - | - |
| 5 | Principal Financial | 24.83 Bn | -28.13 Bn | 1.91 Bn | 49.00% |
| 6 | iShares Silver Trust | 21.45 Bn | -6.76 Bn | - | - |
| 7 | Franklin Resources | 17.39 Bn | 13.67 Bn | - | - |
| 8 | Invesco | 14.41 Bn | 13.50 Bn | 1.79 Bn | 97.99% |
| 9 | Affiliated Managers | 9.35 Bn | 8.94 Bn | - | - |
| 10 | Federated Hermes | 4.39 Bn | 3.97 Bn | 381.01 Mn | 75.78% |
Historic Data
Download Data
Historic 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% |