Federated Hermes (FHI) Gross Margin (2018 - 2026)
Federated Hermes recorded quarterly Gross Margin of 73.75% in Q1 2026, down 1.23% quarter-over-quarter from 74.66% in Q4 2025, and down 286.0% year-over-year from 39.65% in Q1 2025.
Federated Hermes' Gross Margin history runs 9 years deep, the most recent figure standing at 73.75% for Q1 2026.
- In Q1 2026, Gross Margin fell 286.0% year-over-year to 73.75%; the TTM figure through Mar 2026 stood at 75.16% (down 155.0% YoY), while the FY2025 annual figure was 75.88%, down 70.0% from the prior year.
- Gross Margin came in at 73.75% for Q1 2026 at Federated Hermes, down 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 sank 1210 bps in 2022 and soared 157 bps in 2023, its largest moves.
- Federated Hermes' Gross Margin stood at 75.74% in 2022, then advanced by 1 bps to 76.77% in 2023, then rose by 0 bps to 76.91% in 2024, then declined by 3 bps to 74.66% in 2025, then declined by 1 bps to 73.75% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 73.75%, 74.66%, and 75.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 99.70% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 93.51% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Federated Hermes | 4.09 Bn | 3.63 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% |
| Mar 31, 2021 | 86.99% |
| Dec 31, 2020 | 83.67% |
| Sep 30, 2020 | 79.77% |
| Jun 30, 2020 | 75.32% |
| Mar 31, 2020 | 73.23% |
| Dec 31, 2019 | 74.04% |
| Sep 30, 2019 | 74.12% |
| Jun 30, 2019 | 74.49% |
| Mar 31, 2019 | 74.72% |
| Dec 31, 2018 | 76.08% |
| Sep 30, 2018 | 76.62% |