Federated Hermes, Inc. financial data

Symbol
FHI on NYSE
Industry
Investment Advice
Location
1001 Liberty Avenue, Pittsburgh, Pennsylvania
State of incorporation
Pennsylvania
Fiscal year end
December 31
Former names
FEDERATED INVESTORS INC /PA/ (to 1/30/2020)
Latest financial report
Q1 2024 - Apr 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 288 % +6.21%
Debt-to-equity 79.7 % -10.5%
Return On Assets 14.6 % +14.7%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 3B USD +11.1%
Weighted Average Number of Shares Outstanding, Basic 80.7M shares -4.91%
Weighted Average Number of Shares Outstanding, Diluted 80.7M shares -4.91%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.62B USD +8.02%
Operating Income (Loss) 401M USD +18.6%
Nonoperating Income (Expense) 21.9M USD -25.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 423M USD +29.5%
Income Tax Expense (Benefit) 115M USD +52.6%
Net Income (Loss) Attributable to Parent 304M USD +20.2%
Earnings Per Share, Basic 3.51 USD/shares +24.5%
Earnings Per Share, Diluted 3.51 USD/shares +24.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 360M USD +11.1%
Accounts Receivable, after Allowance for Credit Loss, Current 75.2M USD +35.5%
Other Assets, Current 6.13M USD -6.62%
Assets, Current 720M USD +13.1%
Property, Plant and Equipment, Net 28.6M USD -11.9%
Operating Lease, Right-of-Use Asset 95.6M USD +13.4%
Intangible Assets, Net (Excluding Goodwill) 404M USD -1.66%
Goodwill 806M USD +0.37%
Other Assets, Noncurrent 33.1M USD +3.11%
Assets 2.09B USD +4.4%
Employee-related Liabilities, Current 66.5M USD -3.73%
Liabilities, Current 212M USD +0.15%
Deferred Income Tax Liabilities, Net 189M USD +4.26%
Operating Lease, Liability, Noncurrent 89.6M USD +16.5%
Other Liabilities, Noncurrent 27.8M USD -20.8%
Liabilities 866M USD +1.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -25.1M USD +30.3%
Retained Earnings (Accumulated Deficit) 1.23B USD +17.5%
Stockholders' Equity Attributable to Parent 1.15B USD +3.68%
Liabilities and Equity 2.09B USD +4.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 14M USD +159%
Net Cash Provided by (Used in) Financing Activities -63.5M USD -189%
Net Cash Provided by (Used in) Investing Activities 27.6M USD +1401%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -23.3M USD -83.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 364M USD +10.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 11.6M USD +62.1%
Deferred Tax Assets, Valuation Allowance 53.4M USD +1.88%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 119M USD -0.21%
Operating Lease, Liability 110M USD +4.66%
Depreciation 13M USD -13.9%
Payments to Acquire Property, Plant, and Equipment 569K USD -23%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 315M USD +44.7%
Lessee, Operating Lease, Liability, to be Paid 130M USD +10.6%
Property, Plant and Equipment, Gross 151M USD -3.1%
Operating Lease, Liability, Current 16.1M USD -14.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 17.8M USD -8.72%
Lessee, Operating Lease, Liability, to be Paid, Year One 20M USD -6.54%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +32.3%
Deferred Income Tax Expense (Benefit) 2.65M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19.4M USD +63%
Lessee, Operating Lease, Liability, to be Paid, Year Three 16.4M USD +10.8%
Deferred Tax Assets, Operating Loss Carryforwards 72.9M USD +4.67%
Deferred Federal Income Tax Expense (Benefit) 3.69M USD
Current Income Tax Expense (Benefit) 102M USD +13.1%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.7M USD +18.9%
Operating Lease, Payments 20.4M USD +1.49%
Additional Paid in Capital 0 USD
Current State and Local Tax Expense (Benefit) 11.6M USD -2.52%
Current Federal Tax Expense (Benefit) 91.2M USD +17%
Amortization of Intangible Assets 3.2M USD -3.03%
Deferred Tax Assets, Net of Valuation Allowance 65.5M USD -1.85%
Deferred State and Local Income Tax Expense (Benefit) -185K USD +48.6%