Federated Hermes (FHI) Operating Income (2009 - 2026)
Federated Hermes' Operating Income was $153.31 million in Q3 2026, up 18.4% from $129.45 million a year earlier and up 15.4% from the prior quarter.
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Analysis
Federated Hermes (FHI) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Federated Hermes' Operating Income was $548.09 million through Sep 30, 2026, up 12.1% year-over-year; for FY2025, it came in at $513.88 million, up 42.2% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 4.2% (FY2020 to FY2025).
- In earlier years, Operating Income was $361.47 million in FY2024 (-6.7%), $387.55 million in FY2023 (+15.1%), $336.8 million in FY2022 (-8.0%) and $366.27 million in FY2021 (-12.4%).
- The Q3 2026 figure marks the highest quarterly Operating Income in data going back to Q2 2009.
- Compared with a year earlier, Operating Income was higher in seven of the last eight quarters, with growth averaging 36.9%.
- The best year-over-year quarter for Operating Income over five years was Q2 2025 (growth of 187.6%); the worst was Q2 2024 (a decline of 58.6%).
- Per Business Quant data, FHI's Operating Income in the three quarters before Q3 2026 was $132.88 million (Q2 2026), $126.33 million (Q1 2026) and $135.57 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 2.33 Bn |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | - |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | - |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | - |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | -1.96 Bn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | - |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | -1.39 Bn |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 511.01 Mn |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | -772.25 Mn |
| 10 | Federated Hermes | 4.84 Bn | 2.59 Bn | - | 153.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 153.31 Mn |
| Jun 30, 2026 | 132.88 Mn |
| Mar 31, 2026 | 126.33 Mn |
| Dec 31, 2025 | 135.57 Mn |
| Sep 30, 2025 | 129.45 Mn |
| Jun 30, 2025 | 117.08 Mn |
| Mar 31, 2025 | 131.77 Mn |
| Dec 31, 2024 | 110.43 Mn |
| Sep 30, 2024 | 111.74 Mn |
| Jun 30, 2024 | 40.72 Mn |
| Mar 31, 2024 | 98.58 Mn |
| Dec 31, 2023 | 102.57 Mn |
| Sep 30, 2023 | 101.42 Mn |
| Jun 30, 2023 | 98.39 Mn |
| Mar 31, 2023 | 85.17 Mn |
| Dec 31, 2022 | 63.75 Mn |
| Sep 30, 2022 | 96.78 Mn |
| Jun 30, 2022 | 92.32 Mn |
| Mar 31, 2022 | 83.95 Mn |
| Dec 31, 2021 | 88.58 Mn |
API Access
Federated Hermes Operating Income 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=operating-income&ticker=FHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=FHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();