Federated Hermes (FHI) Operating Margin (2009 - 2026)

Federated Hermes has disclosed Operating Margin across 18 years of filings, most recently posting 26.38% for Q1 2026.

• Operating Margin for Q1 2026 came in at 26.38%, down 474.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.39% (up 361.0% YoY), and the FY2025 annual result was 28.54%, up 639.0% from the prior year.
• Operating Margin came in at 26.38% for Q1 2026 at Federated Hermes, down from 28.08% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 31.11% in Q1 2025 to a low of 10.11% in Q2 2024.
• The 5-year median for Operating Margin is 25.85% (2022), against an average of 24.64%.
• Across the five-year window, Operating Margin plunged 1260 bps in 2024 and surged 1745 bps in 2025, its largest moves.
• Federated Hermes' Operating Margin stood at 17.05% in 2022, then soared by 54 bps to 26.2% in 2023, then declined by 1 bps to 26.0% in 2024, then increased by 8 bps to 28.08% in 2025, then declined by 6 bps to 26.38% in 2026.
• The last three Operating Margin figures came in at 26.38% (Q1 2026), 28.08% (Q4 2025), and 27.58% (Q3 2025), per Business Quant data.