Federated Hermes (FHI) Tax Rate (2009 - 2026)
Federated Hermes recorded quarterly Tax Rate of 26.06% in Q1 2026, up 11.07% quarter-over-quarter from 23.47% in Q4 2025, and up 242.0% year-over-year from 7.62% in Q1 2025.
Federated Hermes' Tax Rate history runs 18 years deep, the most recent figure standing at 26.06% for Q1 2026.
- In Q1 2026, Tax Rate rose 242.0% year-over-year to 26.06%; the TTM figure through Mar 2026 stood at 24.96% (down 316.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 26.76% and a median of 26.06% in 2026 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 2746 bps in 2024 and slumped 2879 bps in 2025, its largest moves.
- Federated Hermes' Tax Rate stood at 17.99% in 2022, then jumped by 48 bps to 26.65% in 2023, then slipped by 5 bps to 25.35% in 2024, then decreased by 7 bps to 23.47% in 2025, then gained by 11 bps to 26.06% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 26.06%, 23.47%, and 24.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Federated Hermes | 4.09 Bn | 3.63 Bn | 353.21 Mn | 26.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 26.43 |
| Sep 30, 2023 | 26.43 |
| Jun 30, 2023 | 27.39 |
| Jun 30, 2023 | 27.39 |
| Mar 31, 2023 | 22.72 |
| Mar 31, 2023 | 22.72 |
| Dec 31, 2022 | 17.99 |
| Dec 31, 2022 | 17.99 |
| Sep 30, 2022 | 24.26 |
| Sep 30, 2022 | 24.26 |
| Jun 30, 2022 | 27.12 |
| Jun 30, 2022 | 27.12 |
| Mar 31, 2022 | 24.39 |
| Mar 31, 2022 | 24.39 |
| Dec 31, 2021 | 22.51 |
| Dec 31, 2021 | 22.51 |
| Sep 30, 2021 | 23.97 |
| Sep 30, 2021 | 23.97 |
| Jun 30, 2021 | 39.69 |
| Jun 30, 2021 | 39.69 |
| Mar 31, 2021 | 25.16 |
| Mar 31, 2021 | 25.16 |
| Dec 31, 2020 | 21.77 |
| Dec 31, 2020 | 21.77 |
| Sep 30, 2020 | 27.53 |
| Sep 30, 2020 | 27.53 |
| Jun 30, 2020 | 23.80 |
| Jun 30, 2020 | 23.80 |
| Mar 31, 2020 | 26.18 |
| Mar 31, 2020 | 26.18 |
| Dec 31, 2019 | 23.80 |
| Dec 31, 2019 | 23.80 |
| Sep 30, 2019 | 23.96 |
| Sep 30, 2019 | 23.96 |
| Jun 30, 2019 | 24.27 |
| Jun 30, 2019 | 24.27 |
| Mar 31, 2019 | 24.70 |
| Mar 31, 2019 | 24.70 |
| Dec 31, 2018 | 24.65 |
| Dec 31, 2018 | 24.65 |
| Sep 30, 2018 | 25.96 |
| Sep 30, 2018 | 25.96 |
| Jun 30, 2018 | 25.25 |
| Jun 30, 2018 | 25.25 |
| Mar 31, 2018 | 23.96 |
| Mar 31, 2018 | 23.96 |
| Dec 31, 2017 | -41.62 |
| Dec 31, 2017 | -41.62 |
| Sep 30, 2017 | 37.10 |
| Sep 30, 2017 | 37.10 |
| Jun 30, 2017 | 37.13 |
| Jun 30, 2017 | 37.13 |
| Mar 31, 2017 | 36.91 |
| Mar 31, 2017 | 36.91 |
| Dec 31, 2016 | -2.46 |
| Dec 31, 2016 | -2.46 |
| Sep 30, 2016 | 35.62 |
| Sep 30, 2016 | 35.62 |
| Jun 30, 2016 | 35.71 |
| Jun 30, 2016 | 35.71 |
| Mar 31, 2016 | 35.71 |
| Mar 31, 2016 | 35.71 |
| Dec 31, 2015 | 36.52 |
| Dec 31, 2015 | 36.52 |
| Sep 30, 2015 | 37.14 |
| Sep 30, 2015 | 37.14 |
| Jun 30, 2015 | 38.48 |
| Jun 30, 2015 | 38.48 |
| Mar 31, 2015 | 37.79 |
| Mar 31, 2015 | 37.79 |
| Dec 31, 2014 | 36.28 |
| Dec 31, 2014 | 36.28 |
| Sep 30, 2014 | 37.33 |
| Sep 30, 2014 | 37.33 |
| Jun 30, 2014 | 38.12 |
| Jun 30, 2014 | 38.12 |
| Mar 31, 2014 | 37.95 |
| Mar 31, 2014 | 37.95 |
| Dec 31, 2013 | 34.32 |
| Dec 31, 2013 | 34.32 |
| Sep 30, 2013 | 35.73 |
| Sep 30, 2013 | 35.73 |
| Jun 30, 2013 | 37.45 |
| Jun 30, 2013 | 37.45 |
| Mar 31, 2013 | 35.55 |
| Mar 31, 2013 | 35.55 |
| Dec 31, 2012 | 35.79 |
| Dec 31, 2012 | 35.79 |
| Sep 30, 2012 | 35.47 |
| Sep 30, 2012 | 35.47 |
| Jun 30, 2012 | 36.16 |
| Jun 30, 2012 | 36.16 |
| Mar 31, 2012 | 36.51 |
| Mar 31, 2012 | 36.51 |
| Dec 31, 2011 | 36.09 |
| Dec 31, 2011 | 36.09 |
| Sep 30, 2011 | 37.55 |
| Sep 30, 2011 | 37.55 |
| Jun 30, 2011 | 37.48 |
| Jun 30, 2011 | 37.48 |
| Mar 31, 2011 | 37.01 |
| Mar 31, 2011 | 37.01 |
| Dec 31, 2010 | 37.63 |
| Dec 31, 2010 | 37.63 |
| Sep 30, 2010 | 35.52 |
| Sep 30, 2010 | 35.52 |
| Jun 30, 2010 | 37.76 |
| Jun 30, 2010 | 37.76 |
| Mar 31, 2010 | 37.79 |
| Mar 31, 2010 | 37.79 |
| Dec 31, 2009 | 36.40 |
| Dec 31, 2009 | 36.40 |
| Sep 30, 2009 | 36.47 |
| Sep 30, 2009 | 36.47 |
| Jun 30, 2009 | 36.12 |
| Jun 30, 2009 | 36.12 |