Federated Hermes (FHI) Tax Rate (2009 - 2026)

Federated Hermes' (FHI) quarterly Tax Rate came in at 26.06% in Q1 2026, up 242.0% year-on-year from 7.62% in Q1 2025, and up 11.07% quarter-over-quarter from 23.47% in Q4 2025.

Federated Hermes (FHI) Tax Rate (2009 - 2026) Analysis & Trends

Federated Hermes has disclosed Tax Rate across 18 years of filings, most recently posting 26.06% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 26.06%, up 242.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.96% (down 316.0% YoY), and the FY2025 annual result was 24.37%, down 529.0% from the prior year.
  • Tax Rate came in at 26.06% for Q1 2026 at Federated Hermes, up from 23.47% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 54.86% in Q2 2024 to a low of 17.99% in Q4 2022.
  • The 5-year median for Tax Rate is 26.06% (2026), against an average of 26.76%.
  • Across the five-year window, Tax Rate jumped 2746 bps in 2024 and tumbled 2879 bps in 2025, its largest moves.
  • Federated Hermes' Tax Rate stood at 17.99% in 2022, then soared by 48 bps to 26.65% in 2023, then decreased by 5 bps to 25.35% in 2024, then retreated by 7 bps to 23.47% in 2025, then rose by 11 bps to 26.06% in 2026.
  • The last three Tax Rate figures came in at 26.06% (Q1 2026), 23.47% (Q4 2025), and 24.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 18.16
2 Blackstone 96.85 Bn 95.80 Bn - 13.55
3 Kkr 86.45 Bn 133.96 Bn - 40.05
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 598.59
5 State Street 46.95 Bn 21.27 Bn - 21.16
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 20.02
7 Northern Trust 31.92 Bn 31.92 Bn - 24.99
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 19.13
10 Federated Hermes 4.30 Bn 3.84 Bn 353.21 Mn 26.06

Historic Data

Download Data
DateValue
Mar 31, 2026 26.06%
Mar 31, 2026 26.06%
Dec 31, 2025 23.47%
Dec 31, 2025 23.47%
Sep 30, 2025 24.39%
Sep 30, 2025 24.39%
Jun 30, 2025 26.07%
Jun 30, 2025 26.07%
Mar 31, 2025 23.64%
Mar 31, 2025 23.64%
Dec 31, 2024 25.35%
Dec 31, 2024 25.35%
Sep 30, 2024 26.31%
Sep 30, 2024 26.31%
Jun 30, 2024 54.86%
Jun 30, 2024 54.86%
Mar 31, 2024 27.89%
Mar 31, 2024 27.89%
Dec 31, 2023 26.65%
Dec 31, 2023 26.65%