Federated Hermes (FHI) Net Margin (2009 - 2026)
Federated Hermes' Net Margin came in at 20.75% for Q2 2026, up 0.30 percentage points from 20.44% a year earlier and up 0.63 percentage points from the prior quarter.
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Analysis
Federated Hermes (FHI) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Federated Hermes reported Net Margin of 21.30%, down 0.13 percentage points year-over-year; for FY2025, it came in at 22.40%, up 5.96 percentage points from FY2024.
- Net Margin carries a five-year change of -0.14 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 16.44% in FY2024 (-2.14 pp), 18.58% in FY2023 (+2.01 pp), 16.56% in FY2022 (-4.22 pp) and 20.78% in FY2021 (-1.75 pp).
- The five-year range for quarterly Net Margin is 4.05% (Q2 2024) to 23.88% (Q1 2025).
- Year-over-year, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +2.83 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q2 2025 (a gain of 16.40 percentage points), and the weakest in Q2 2024 (a drop of 11.81 percentage points).
- Business Quant data shows FHI's Net Margin at 20.12% (Q1 2026), 22.17% (Q4 2025) and 22.18% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 27.02% |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 24.37% |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | 0.00% |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 11.53% |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 51.57% |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 11.98% |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 58.46% |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 60.94% |
| 10 | Federated Hermes | 4.22 Bn | 1.86 Bn | - | 20.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.75% |
| Mar 31, 2026 | 20.12% |
| Dec 31, 2025 | 22.17% |
| Sep 30, 2025 | 22.18% |
| Jun 30, 2025 | 20.44% |
| Mar 31, 2025 | 23.88% |
| Dec 31, 2024 | 19.95% |
| Sep 30, 2024 | 21.43% |
| Jun 30, 2024 | 4.05% |
| Mar 31, 2024 | 18.93% |
| Dec 31, 2023 | 20.99% |
| Sep 30, 2023 | 18.63% |
| Jun 30, 2023 | 15.86% |
| Mar 31, 2023 | 18.21% |
| Dec 31, 2022 | 15.11% |
| Sep 30, 2022 | 18.23% |
| Jun 30, 2022 | 15.75% |
| Mar 31, 2022 | 17.20% |
| Dec 31, 2021 | 21.32% |
| Sep 30, 2021 | 21.85% |
API Access
Federated Hermes Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=FHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FHI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=FHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();