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| 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% |