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Federated Hermes Inc
Previous close
$38.30
Day range
$38.35 - $40.49
Year range
$31.24 - $43.92
Market cap
3.25B USD
Avg Volume
1.04M
P/E ratio
12.41
Dividend yield
3.09%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | 424.68M | 8.48% |
Operating expense | 113.26M | -31.28% |
Net income | 84.72M | 3.09% |
Net profit margin | 19.95 | -4.95% |
Earnings per share | 1.04 | 8.33% |
EBITDA | 179.81M | 70.95% |
Effective tax rate | 25.35% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 641.04M | 14.33% |
Total assets | 2.08B | -0.82% |
Total liabilities | 933.96M | -1.45% |
Total equity | 1.15B | — |
Shares outstanding | 77.67M | — |
Price to book | 2.73 | — |
Return on assets | 21.14% | — |
Return on capital | 27.25% | — |
Cash Flow
Net change in cash
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | 84.72M | 3.09% |
Cash from operations | 126.70M | -2.26% |
Cash from investing | 41.40M | 205.68% |
Cash from financing | -26.27M | 71.28% |
Net change in cash | 128.95M | 2,155.19% |
Free cash flow | 161.41M | 62.68% |
About
Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $829.6 billion of customer assets, as of December 2024. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds, separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Wikipedia
Founded
Oct 18, 1957
Headquarters
Employees
2,072
