Federated Hermes (FHI) Net Margin (2009 - 2026)
Federated Hermes' (FHI) quarterly Net Margin came in at 21.24% in Q2 2026, up 80.0% year-over-year from 11.8% in Q2 2025, and up 6.05% quarter-over-quarter from 20.03% in Q1 2026.
Analysis
Federated Hermes (FHI) Net Margin (2009 - 2026) Analysis & Trends
Federated Hermes has disclosed Net Margin across 18 years of filings, most recently posting 21.24% for Q2 2026.
- In Q2 2026, Net Margin rose 80.0% year-over-year to 21.24%; the TTM figure through Jun 2026 stood at 21.52% (down 17.0% YoY), while the FY2025 annual figure was 23.0%, up 655.0% from the prior year.
- Net Margin came in at 21.24% for Q2 2026 at Federated Hermes, up from 20.03% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 24.52% in Q1 2025 to a low of 4.05% in Q2 2024.
- Average Net Margin over 5 years is 18.66%, with a median of 19.33% recorded in 2024.
- Year-over-year, Net Margin plunged 1181 bps in 2024 and surged 1640 bps in 2025.
- Over 5 years, Net Margin stood at 16.48% in 2022, then soared by 33 bps to 21.98% in 2023, then slipped by 10 bps to 19.75% in 2024, then increased by 13 bps to 22.25% in 2025, then declined 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.98 Bn | 151.11 Bn | - | 27.15% |
| 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 | 11.02% |
| 6 | iShares Silver Trust | 21.45 Bn | -6.76 Bn | - | - |
| 7 | Franklin Resources | 17.39 Bn | 13.67 Bn | - | 10.83% |
| 8 | Invesco | 14.41 Bn | 13.50 Bn | 1.79 Bn | 18.91% |
| 9 | Affiliated Managers | 9.35 Bn | 8.94 Bn | - | 37.05% |
| 10 | Federated Hermes | 4.39 Bn | 3.97 Bn | 381.01 Mn | 21.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.24% |
| Mar 31, 2026 | 20.03% |
| Dec 31, 2025 | 22.25% |
| Sep 30, 2025 | 22.60% |
| Jun 30, 2025 | 20.44% |
| Mar 31, 2025 | 24.52% |
| Dec 31, 2024 | 19.75% |
| Sep 30, 2024 | 22.11% |
| Jun 30, 2024 | 4.05% |
| Mar 31, 2024 | 18.92% |
| 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% |