Federated Hermes (FHI) Shares Outstanding (Diluted) (2009 - 2026)
Federated Hermes' Weighted Average Shares Outstanding (Diluted) was 71.95 million in Q3 2026, down 2.8% from 74.06 million a year earlier and unchanged from the prior quarter.
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Analysis
Federated Hermes (FHI) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Weighted Average Shares Outstanding (Diluted) at Federated Hermes came in at 75.1 million, down 5.4% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has now declined for six consecutive years, with a five-year compound annual growth rate of -4.9% (FY2020 to FY2025).
- In earlier years, Weighted Average Shares Outstanding (Diluted) was 79.43 million in FY2024 (-5.3%), 83.86 million in FY2023 (-2.2%), 85.77 million in FY2022 (-8.4%) and 93.6 million in FY2021 (-2.9%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has moved between 71.95 million (Q2 2026) and 93.6 million (Q4 2021) over five years.
- Compared with a year earlier, Weighted Average Shares Outstanding (Diluted) has declined for 26 straight quarters, with an average decline of 5.0% over the last eight quarters.
- The year-over-year decline in Weighted Average Shares Outstanding (Diluted) has ranged between 0.5% (Q2 2023) and 9.6% (Q3 2022) over the last five years.
- Per Business Quant data, FHI's Weighted Average Shares Outstanding (Diluted) in the three quarters before Q3 2026 was 71.95 million (Q2 2026), 72.65 million (Q1 2026) and 75.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 164.50 Mn |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | - |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | 2.37 Bn |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 799.98 Mn |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 943.61 Mn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 1.61 Bn |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 602.63 Mn |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 454.69 Mn |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | 227.52 Mn |
| 10 | Federated Hermes | 4.84 Bn | 2.59 Bn | - | 71.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 71.00 Mn |
| Jun 30, 2026 | 71.95 Mn |
| Mar 31, 2026 | 72.65 Mn |
| Dec 31, 2025 | 75.10 Mn |
| Sep 30, 2025 | 74.06 Mn |
| Jun 30, 2025 | 75.07 Mn |
| Mar 31, 2025 | 77.54 Mn |
| Dec 31, 2024 | 79.43 Mn |
| Sep 30, 2024 | 78.71 Mn |
| Jun 30, 2024 | 80.03 Mn |
| Mar 31, 2024 | 80.71 Mn |
| Dec 31, 2023 | 83.86 Mn |
| Sep 30, 2023 | 83.71 Mn |
| Jun 30, 2023 | 84.94 Mn |
| Mar 31, 2023 | 84.88 Mn |
| Dec 31, 2022 | 85.77 Mn |
| Sep 30, 2022 | 84.34 Mn |
| Jun 30, 2022 | 85.37 Mn |
| Mar 31, 2022 | 88.05 Mn |
| Dec 31, 2021 | 93.60 Mn |
API Access
Federated Hermes Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=FHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=FHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();