Federated Hermes (FHI) Rent Expense (2009 - 2026)
Federated Hermes recorded quarterly Rent Expense of $10.1 million in Q1 2026, up 3.69% quarter-over-quarter from $9.7 million in Q4 2025, and up 1.11% year-over-year from $10.0 million in Q1 2025.
Federated Hermes' Rent Expense history runs 18 years deep, the most recent figure standing at $10.1 million for Q1 2026.
- In Q1 2026, Rent Expense rose 1.11% year-over-year to $10.1 million; the TTM figure through Mar 2026 stood at $39.8 million (changed 0.31% YoY), while the FY2025 annual figure was $39.7 million, down 0.63% from the prior year.
- Rent Expense came in at $10.1 million for Q1 2026 at Federated Hermes, up from $9.7 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $12.9 million in Q1 2023 to a low of $9.7 million in Q4 2025.
- A 5-year average of $10.5 million and a median of $10.2 million in 2023 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense rose 13.71% in 2023 and declined 22.56% in 2024, its largest moves.
- Federated Hermes' Rent Expense stood at $10.9 million in 2022, then declined by 6.83% to $10.2 million in 2023, then increased by 1.67% to $10.3 million in 2024, then dropped by 6.05% to $9.7 million in 2025, then gained by 3.69% to $10.1 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $10.1 million, $9.7 million, and $10.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 37.84 Mn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 101.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 51.30 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Federated Hermes | 4.09 Bn | 3.63 Bn | 353.21 Mn | 10.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.06 Mn |
| Mar 31, 2026 | 10.06 Mn |
| Dec 31, 2025 | 9.70 Mn |
| Dec 31, 2025 | 9.70 Mn |
| Sep 30, 2025 | 10.13 Mn |
| Sep 30, 2025 | 10.13 Mn |
| Jun 30, 2025 | 9.91 Mn |
| Jun 30, 2025 | 9.91 Mn |
| Mar 31, 2025 | 9.95 Mn |
| Mar 31, 2025 | 9.95 Mn |
| Dec 31, 2024 | 10.33 Mn |
| Dec 31, 2024 | 10.33 Mn |
| Sep 30, 2024 | 9.88 Mn |
| Sep 30, 2024 | 9.88 Mn |
| Jun 30, 2024 | 9.77 Mn |
| Jun 30, 2024 | 9.77 Mn |
| Mar 31, 2024 | 9.97 Mn |
| Mar 31, 2024 | 9.97 Mn |
| Dec 31, 2023 | 10.16 Mn |
| Dec 31, 2023 | 10.16 Mn |
| Sep 30, 2023 | 10.63 Mn |
| Sep 30, 2023 | 10.63 Mn |
| Jun 30, 2023 | 11.40 Mn |
| Jun 30, 2023 | 11.40 Mn |
| Mar 31, 2023 | 12.87 Mn |
| Mar 31, 2023 | 12.87 Mn |
| Dec 31, 2022 | 10.90 Mn |
| Dec 31, 2022 | 10.90 Mn |
| Sep 30, 2022 | 10.62 Mn |
| Sep 30, 2022 | 10.62 Mn |
| Jun 30, 2022 | 10.51 Mn |
| Jun 30, 2022 | 10.51 Mn |
| Mar 31, 2022 | 11.32 Mn |
| Mar 31, 2022 | 11.32 Mn |
| Dec 31, 2021 | 11.22 Mn |
| Dec 31, 2021 | 11.22 Mn |
| Sep 30, 2021 | 11.04 Mn |
| Sep 30, 2021 | 11.04 Mn |
| Jun 30, 2021 | 11.08 Mn |
| Jun 30, 2021 | 11.08 Mn |
| Mar 31, 2021 | 11.24 Mn |
| Mar 31, 2021 | 11.24 Mn |
| Dec 31, 2020 | 6.44 Mn |
| Dec 31, 2020 | 6.44 Mn |
| Sep 30, 2020 | 10.58 Mn |
| Sep 30, 2020 | 10.58 Mn |
| Jun 30, 2020 | 10.19 Mn |
| Jun 30, 2020 | 10.19 Mn |
| Mar 31, 2020 | 11.77 Mn |
| Mar 31, 2020 | 11.77 Mn |
| Dec 31, 2019 | 11.64 Mn |
| Dec 31, 2019 | 11.64 Mn |
| Sep 30, 2019 | 10.86 Mn |
| Sep 30, 2019 | 10.86 Mn |
| Jun 30, 2019 | 11.07 Mn |
| Jun 30, 2019 | 11.07 Mn |
| Mar 31, 2019 | 11.36 Mn |
| Mar 31, 2019 | 11.36 Mn |
| Dec 31, 2018 | 10.38 Mn |
| Dec 31, 2018 | 10.38 Mn |
| Sep 30, 2018 | 9.33 Mn |
| Sep 30, 2018 | 9.33 Mn |
| Jun 30, 2018 | 7.37 Mn |
| Jun 30, 2018 | 7.37 Mn |
| Mar 31, 2018 | 7.54 Mn |
| Mar 31, 2018 | 7.54 Mn |
| Dec 31, 2017 | 7.45 Mn |
| Dec 31, 2017 | 7.45 Mn |
| Sep 30, 2017 | 7.29 Mn |
| Sep 30, 2017 | 7.29 Mn |
| Jun 30, 2017 | 7.16 Mn |
| Jun 30, 2017 | 7.16 Mn |
| Mar 31, 2017 | 7.35 Mn |
| Mar 31, 2017 | 7.35 Mn |
| Dec 31, 2016 | 7.16 Mn |
| Dec 31, 2016 | 7.16 Mn |
| Sep 30, 2016 | 6.66 Mn |
| Sep 30, 2016 | 6.66 Mn |
| Jun 30, 2016 | 6.68 Mn |
| Jun 30, 2016 | 6.68 Mn |
| Mar 31, 2016 | 6.89 Mn |
| Mar 31, 2016 | 6.89 Mn |
| Dec 31, 2015 | 6.59 Mn |
| Dec 31, 2015 | 6.59 Mn |
| Sep 30, 2015 | 6.55 Mn |
| Sep 30, 2015 | 6.55 Mn |
| Jun 30, 2015 | 6.71 Mn |
| Jun 30, 2015 | 6.71 Mn |
| Mar 31, 2015 | 6.85 Mn |
| Mar 31, 2015 | 6.85 Mn |
| Dec 31, 2014 | 7.53 Mn |
| Dec 31, 2014 | 7.53 Mn |
| Sep 30, 2014 | 8.24 Mn |
| Sep 30, 2014 | 8.24 Mn |
| Jun 30, 2014 | 7.29 Mn |
| Jun 30, 2014 | 7.29 Mn |
| Mar 31, 2014 | 6.92 Mn |
| Mar 31, 2014 | 6.92 Mn |
| Dec 31, 2013 | 6.84 Mn |
| Dec 31, 2013 | 6.84 Mn |
| Sep 30, 2013 | 6.49 Mn |
| Sep 30, 2013 | 6.49 Mn |
| Jun 30, 2013 | 6.54 Mn |
| Jun 30, 2013 | 6.54 Mn |
| Mar 31, 2013 | 6.43 Mn |
| Mar 31, 2013 | 6.43 Mn |
| Dec 31, 2012 | 6.35 Mn |
| Dec 31, 2012 | 6.35 Mn |
| Sep 30, 2012 | 6.11 Mn |
| Sep 30, 2012 | 6.11 Mn |
| Jun 30, 2012 | 6.12 Mn |
| Jun 30, 2012 | 6.12 Mn |
| Mar 31, 2012 | 6.25 Mn |
| Mar 31, 2012 | 6.25 Mn |
| Dec 31, 2011 | 6.25 Mn |
| Dec 31, 2011 | 6.25 Mn |
| Sep 30, 2011 | 6.20 Mn |
| Sep 30, 2011 | 6.20 Mn |
| Jun 30, 2011 | 6.03 Mn |
| Jun 30, 2011 | 6.03 Mn |
| Mar 31, 2011 | 6.20 Mn |
| Mar 31, 2011 | 6.20 Mn |
| Dec 31, 2010 | 5.97 Mn |
| Dec 31, 2010 | 5.97 Mn |
| Sep 30, 2010 | 5.84 Mn |
| Sep 30, 2010 | 5.84 Mn |
| Jun 30, 2010 | 4.85 Mn |
| Jun 30, 2010 | 4.85 Mn |
| Mar 31, 2010 | 6.30 Mn |
| Mar 31, 2010 | 6.30 Mn |
| Dec 31, 2009 | 6.19 Mn |
| Dec 31, 2009 | 6.19 Mn |
| Sep 30, 2009 | 6.00 Mn |
| Sep 30, 2009 | 6.00 Mn |
| Jun 30, 2009 | 5.65 Mn |
| Jun 30, 2009 | 5.65 Mn |