Federated Hermes (FHI) Tax Rate (2009 - 2026)
Federated Hermes (FHI) posted quarterly Tax Rate of 25.84% for Q2 2026, down 25.0% year-over-year from 34.45% in Q2 2025, and down 0.86% on a QoQ basis from 26.06% in Q1 2026.
Federated Hermes (FHI) Tax Rate (2009 - 2026) Analysis & Trends
Federated Hermes has reported Tax Rate for 18 years, with the latest figure at 25.84% in Q2 2026.
- Tax Rate for Q2 2026 came in at 25.84%, down 25.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 24.92% (down 41.0% YoY), and the FY2025 annual result was 24.37%, down 529.0% from the prior year.
- Tax Rate retreated to 25.84% in Q2 2026, from 26.06% in the prior quarter.
- Over five years, Tax Rate peaked at 54.93% in Q2 2024 and troughed at 17.99% in Q4 2022.
- A 5-year average of 26.72% and a median of 25.95% in 2026 frame the typical range for Tax Rate.
- The widest annual swing landed in 2024, when Tax Rate surged 2754 bps; it then slumped 2884 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 17.99% in 2022, then surged by 48 bps to 26.64% in 2023, then slipped by 5 bps to 25.35% in 2024, then retreated by 8 bps to 23.44% in 2025, then grew by 10 bps to 25.84% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 25.84% in Q2 2026, 26.06% in Q1 2026, and 23.44% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 24.90% |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 16.11% |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 17.91% |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 12.14% |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 15.94% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 21.96% |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 22.82% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 20.67% |
| 10 | Federated Hermes | 4.57 Bn | 4.15 Bn | 381.01 Mn | 25.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.84% |
| Jun 30, 2026 | 25.84% |
| Jun 30, 2026 | 25.84% |
| Mar 31, 2026 | 26.06% |
| Mar 31, 2026 | 26.06% |
| Mar 31, 2026 | 26.06% |
| Dec 31, 2025 | 23.47% |
| Dec 31, 2025 | 23.47% |
| Dec 31, 2025 | 23.47% |
| Sep 30, 2025 | 24.39% |
| Sep 30, 2025 | 24.39% |
| Sep 30, 2025 | 24.39% |
| Jun 30, 2025 | 26.09% |
| Jun 30, 2025 | 26.09% |
| Jun 30, 2025 | 26.09% |
| Mar 31, 2025 | 23.67% |
| Mar 31, 2025 | 23.67% |
| Mar 31, 2025 | 23.67% |
| Dec 31, 2024 | 25.35% |
| Dec 31, 2024 | 25.35% |