- US-listed companies
- FEDERATED HERMES, INC.
FEDERATED HERMES, INC.FHI
Market cap
$3.1B
P/E ratio
10.3x
| Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
| Investment Advice-Affiliates | - | - | - | - | - | - | - | - | 586 | 686 | 770 | 657 | 773 | - |
| Investment Advisory Fees, net | - | - | - | - | - | - | - | - | - | - | - | - | - | 871 |
| Investment Advice - Other | - | - | - | - | - | - | - | - | 188 | 222 | 242 | 259 | 239 | - |
| Administrative Service | - | - | - | - | - | - | - | - | 199 | 246 | 318 | 307 | 295 | 343 |
| Administrative Service | - | - | - | - | - | - | - | - | 199 | 246 | 318 | 307 | 295 | 343 |
| Other Service Fees, net | - | - | - | - | - | - | - | - | 6 | 12 | 15 | 16 | 18 | 134 |
| Other Service Fees, net—Affiliates | - | - | - | - | - | - | - | - | 157 | 161 | 104 | 61 | 121 | - |
| Other Service Fees, net | - | - | - | - | - | - | - | - | 6 | 12 | 15 | 16 | 18 | 134 |
| Total Revenue | 952 | 895 | 946 | 878 | 859 | 927 | 1,143 | 1,103 | 1,136 | 1,327 | 1,448 | 1,300 | 1,446 | 1,610 |
| Compensation and Related | 243 | 245 | 258 | 269 | 285 | 287 | 296 | 289 | 355 | 442 | 503 | 532 | 513 | 563 |
| Distribution | - | - | - | - | - | - | - | - | - | - | 318 | 161 | 315 | 371 |
| Systems and Communications | 23 | 23 | 26 | 26 | 26 | 28 | 31 | 32 | 40 | 53 | 65 | 75 | 78 | 84 |
| Professional Fees | 19 | 54 | 19 | 37 | 30 | 29 | 27 | 29 | 43 | 44 | 55 | 60 | 58 | 70 |
| Occupancy, Net | 23 | 25 | 25 | 26 | 30 | 27 | 27 | 29 | 35 | 45 | 39 | 45 | 43 | 45 |
| Advertising and Promotional | 10 | 13 | 13 | 15 | 13 | 14 | 15 | 11 | 16 | 18 | 16 | 22 | 21 | 23 |
| Travel and Related | 11 | 12 | 13 | 14 | 13 | 13 | 13 | 13 | 16 | 17 | 5 | 5 | 12 | 15 |
| Intangible Asset Related | - | - | - | - | - | - | - | - | - | - | - | - | 44 | 14 |
| Other | 19 | 22 | 24 | 25 | 25 | 17 | 14 | 15 | 14 | 20 | 29 | 34 | 25 | 36 |
| Total Operating Expenses | 642 | 638 | 633 | 627 | 621 | 647 | 808 | 761 | 805 | 979 | 1,030 | 934 | 1,109 | 1,222 |
| Operating Income | 310 | 257 | 313 | 252 | 238 | 279 | 336 | 342 | 330 | 348 | 418 | 366 | 337 | 388 |
| Investment Income, net | - | - | - | - | - | - | - | - | - | 4 | 4 | 3 | 9 | 23 |
| Gain (Loss) on Investments | - | - | - | - | - | - | - | - | - | - | - | - | -29 | 13 |
| Debt Expense | 15 | 17 | 14 | 12 | 10 | 4 | 4 | 5 | 6 | 5 | 3 | 2 | 11 | 13 |
| Other, net | -0 | -0 | -3 | -4 | -0 | -0 | 0 | -0 | -30 | 13 | 8 | -1 | 0 | 1 |
| Total Nonoperating Income (Expenses), net | -9 | -11 | -4 | 7 | 1 | -5 | 5 | 10 | -34 | 17 | 28 | 10 | -31 | 24 |
| Income Before Income Taxes | - | 246 | 309 | 259 | 239 | 275 | 341 | 352 | 296 | 365 | 446 | 376 | 306 | 411 |
| Income Tax Provision | 112 | 91 | 111 | 93 | 90 | 103 | 119 | 57 | 74 | 88 | 110 | 104 | 72 | 107 |
| Net Income Including the Noncontrolling Interests in Subsidiaries | 189 | 155 | 198 | 166 | 150 | 172 | 222 | 295 | 222 | 277 | 336 | 272 | 235 | 305 |
| Net Income (Loss) Attributable to Noncontrolling Interest | 10 | 4 | 10 | 4 | 1 | 2 | 13 | 4 | 2 | 5 | 10 | 2 | -5 | 6 |
| Net Income | 189 | 155 | 198 | 166 | 150 | 172 | 222 | 295 | 222 | 277 | 336 | 272 | 239 | 305 |
| Earnings Per Share, Basic | 1.73 | 1.45 | - | - | - | - | - | - | - | - | 3.25 | 2.77 | 2.65 | 3.4 |
| Earnings Per Share, Diluted | 1.73 | 1.45 | - | - | - | - | - | - | - | - | 3.23 | 2.75 | 2.65 | 3.4 |
| Cash dividends per share (usd per share) | - | - | - | - | - | - | 2 | 1 | 1.06 | 1.08 | 2.08 | 1.08 | 1.08 | 1.11 |
| Earnings Per Share, Basic | 1.73 | 1.45 | - | - | - | - | - | - | - | - | 3.25 | 2.77 | 2.65 | 3.4 |
| Earnings Per Share, Diluted | 1.73 | 1.45 | - | - | - | - | - | - | - | - | 3.23 | 2.75 | 2.65 | 3.4 |
| Cash dividends per share (usd per share) | - | - | - | - | - | - | 2 | 1 | 1.06 | 1.08 | 2.08 | 1.08 | 1.08 | 1.11 |
| Investment Advice-Affiliates | - | - | - | - | - | - | - | - | 586 | 686 | 770 | 657 | 773 | - |
| Investment Advisory Fees, net | - | - | - | - | - | - | - | - | - | - | - | - | - | 871 |
| Investment Advice - Other | - | - | - | - | - | - | - | - | 188 | 222 | 242 | 259 | 239 | - |
| Administrative Service | - | - | - | - | - | - | - | - | 199 | 246 | 318 | 307 | 295 | 343 |
| Administrative Service | - | - | - | - | - | - | - | - | 199 | 246 | 318 | 307 | 295 | 343 |
| Other Service Fees, net | - | - | - | - | - | - | - | - | 6 | 12 | 15 | 16 | 18 | 134 |
| Other Service Fees, net—Affiliates | - | - | - | - | - | - | - | - | 157 | 161 | 104 | 61 | 121 | - |
| Other Service Fees, net | - | - | - | - | - | - | - | - | 6 | 12 | 15 | 16 | 18 | 134 |
| Total Revenue | 952 | 895 | 946 | 878 | 859 | 927 | 1,143 | 1,103 | 1,136 | 1,327 | 1,448 | 1,300 | 1,446 | 1,610 |
| Compensation and Related | 243 | 245 | 258 | 269 | 285 | 287 | 296 | 289 | 355 | 442 | 503 | 532 | 513 | 563 |
| Distribution | - | - | - | - | - | - | - | - | - | - | 318 | 161 | 315 | 371 |
| Systems and Communications | 23 | 23 | 26 | 26 | 26 | 28 | 31 | 32 | 40 | 53 | 65 | 75 | 78 | 84 |
| Professional Fees | 19 | 54 | 19 | 37 | 30 | 29 | 27 | 29 | 43 | 44 | 55 | 60 | 58 | 70 |
| Occupancy, Net | 23 | 25 | 25 | 26 | 30 | 27 | 27 | 29 | 35 | 45 | 39 | 45 | 43 | 45 |
| Advertising and Promotional | 10 | 13 | 13 | 15 | 13 | 14 | 15 | 11 | 16 | 18 | 16 | 22 | 21 | 23 |
| Travel and Related | 11 | 12 | 13 | 14 | 13 | 13 | 13 | 13 | 16 | 17 | 5 | 5 | 12 | 15 |
| Intangible Asset Related | - | - | - | - | - | - | - | - | - | - | - | - | 44 | 14 |
| Other | 19 | 22 | 24 | 25 | 25 | 17 | 14 | 15 | 14 | 20 | 29 | 34 | 25 | 36 |
| Total Operating Expenses | 642 | 638 | 633 | 627 | 621 | 647 | 808 | 761 | 805 | 979 | 1,030 | 934 | 1,109 | 1,222 |
| Operating Income | 310 | 257 | 313 | 252 | 238 | 279 | 336 | 342 | 330 | 348 | 418 | 366 | 337 | 388 |
| Investment Income, net | - | - | - | - | - | - | - | - | - | 4 | 4 | 3 | 9 | 23 |
| Gain (Loss) on Investments | - | - | - | - | - | - | - | - | - | - | - | - | -29 | 13 |
| Debt Expense | 15 | 17 | 14 | 12 | 10 | 4 | 4 | 5 | 6 | 5 | 3 | 2 | 11 | 13 |
| Other, net | -0 | -0 | -3 | -4 | -0 | -0 | 0 | -0 | -30 | 13 | 8 | -1 | 0 | 1 |
| Total Nonoperating Income (Expenses), net | -9 | -11 | -4 | 7 | 1 | -5 | 5 | 10 | -34 | 17 | 28 | 10 | -31 | 24 |
| Income Before Income Taxes | - | 246 | 309 | 259 | 239 | 275 | 341 | 352 | 296 | 365 | 446 | 376 | 306 | 411 |
| Income Tax Provision | 112 | 91 | 111 | 93 | 90 | 103 | 119 | 57 | 74 | 88 | 110 | 104 | 72 | 107 |
| Net Income Including the Noncontrolling Interests in Subsidiaries | 189 | 155 | 198 | 166 | 150 | 172 | 222 | 295 | 222 | 277 | 336 | 272 | 235 | 305 |
| Net Income (Loss) Attributable to Noncontrolling Interest | 10 | 4 | 10 | 4 | 1 | 2 | 13 | 4 | 2 | 5 | 10 | 2 | -5 | 6 |
| Net Income | 189 | 155 | 198 | 166 | 150 | 172 | 222 | 295 | 222 | 277 | 336 | 272 | 239 | 305 |
| Earnings Per Share, Basic | 1.73 | 1.45 | - | - | - | - | - | - | - | - | 3.25 | 2.77 | 2.65 | 3.4 |
| Earnings Per Share, Diluted | 1.73 | 1.45 | - | - | - | - | - | - | - | - | 3.23 | 2.75 | 2.65 | 3.4 |
| Cash dividends per share (usd per share) | - | - | - | - | - | - | 2 | 1 | 1.06 | 1.08 | 2.08 | 1.08 | 1.08 | 1.11 |
| Earnings Per Share, Basic | 1.73 | 1.45 | - | - | - | - | - | - | - | - | 3.25 | 2.77 | 2.65 | 3.4 |
| Earnings Per Share, Diluted | 1.73 | 1.45 | - | - | - | - | - | - | - | - | 3.23 | 2.75 | 2.65 | 3.4 |
| Cash dividends per share (usd per share) | - | - | - | - | - | - | 2 | 1 | 1.06 | 1.08 | 2.08 | 1.08 | 1.08 | 1.11 |