Federated Hermes (FHI) Net Margin (2009 - 2026)
Federated Hermes (FHI) posted quarterly Net Margin of 21.24% for Q2 2026, up 80.0% year-over-year from 11.8% in Q2 2025, and up 6.05% on a QoQ basis from 20.03% in Q1 2026.
Federated Hermes (FHI) Net Margin (2009 - 2026) Analysis & Trends
Federated Hermes has reported Net Margin for 18 years, with the latest figure at 21.24% in Q2 2026.
- Net Margin for Q2 2026 came in at 21.24%, up 80.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 21.52% (down 17.0% YoY), and the FY2025 annual result was 23.0%, up 655.0% from the prior year.
- Net Margin climbed to 21.24% in Q2 2026, from 20.03% in the prior quarter.
- Over five years, Net Margin peaked at 24.52% in Q1 2025 and troughed at 4.05% in Q2 2024.
- A 5-year average of 18.66% and a median of 19.33% in 2024 frame the typical range for Net Margin.
- The widest annual swing landed in 2024, when Net Margin sank 1181 bps; it then jumped 1640 bps in 2025.
- A 5-year view of Net Margin shows it stood at 16.48% in 2022, then surged by 33 bps to 21.98% in 2023, then declined by 10 bps to 19.75% in 2024, then gained by 13 bps to 22.25% in 2025, then retreated by 5 bps to 21.24% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 21.24% in Q2 2026, 20.03% in Q1 2026, and 22.25% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 27.15% |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 46.71% |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 11.53% |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 1.88% |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 51.57% |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 11.98% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 25.35% |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 22.20% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 13.64% |
| 10 | Federated Hermes | 4.57 Bn | 4.15 Bn | 381.01 Mn | 21.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.24% |
| Mar 31, 2026 | 20.03% |
| Dec 31, 2025 | 22.24% |
| Sep 30, 2025 | 22.60% |
| Jun 30, 2025 | 20.44% |
| Mar 31, 2025 | 24.52% |
| Dec 31, 2024 | 19.74% |
| Sep 30, 2024 | 22.12% |
| Jun 30, 2024 | 4.05% |
| Mar 31, 2024 | 18.93% |
| Dec 31, 2023 | 21.98% |
| Sep 30, 2023 | 18.44% |
| Jun 30, 2023 | 15.86% |
| Mar 31, 2023 | 18.70% |
| Dec 31, 2022 | 16.48% |
| Sep 30, 2022 | 17.73% |
| Jun 30, 2022 | 13.87% |
| Mar 31, 2022 | 16.81% |
| Dec 31, 2021 | 22.07% |
| Sep 30, 2021 | 22.50% |