Federated Hermes, Inc. financial data

Symbol
FHI on NYSE
Industry
Investment Advice
Location
1001 Liberty Avenue, Pittsburgh, PA
State of incorporation
Pennsylvania
Fiscal year end
December 31
Former names
FEDERATED INVESTORS INC /PA/ (to 1/30/2020)
Latest financial report
10-Q - Q2 2024 - Jul 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 283 % +2%
Debt-to-equity 81.7 % -2.87%
Return On Assets 12.4 % -6.92%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 3B USD +11.1%
Weighted Average Number of Shares Outstanding, Basic 80M shares -5.77%
Weighted Average Number of Shares Outstanding, Diluted 80M shares -5.78%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.59B USD +1.44%
Operating Income (Loss) 343M USD -0.23%
Nonoperating Income (Expense) 21.7M USD +63.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 365M USD +2.13%
Income Tax Expense (Benefit) 110M USD +31.9%
Net Income (Loss) Attributable to Parent 253M USD -5.41%
Earnings Per Share, Basic 2.9 USD/shares -3.01%
Earnings Per Share, Diluted 2.9 USD/shares -3.01%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 307M USD -10.3%
Accounts Receivable, after Allowance for Credit Loss, Current 75.2M USD +35.5%
Other Assets, Current 5.95M USD -7.79%
Assets, Current 613M USD -11.7%
Property, Plant and Equipment, Net 32.2M USD +2.24%
Operating Lease, Right-of-Use Asset 92.5M USD +14.5%
Intangible Assets, Net (Excluding Goodwill) 336M USD -19.2%
Goodwill 806M USD -0.08%
Other Assets, Noncurrent 31.9M USD +1.89%
Assets 1.91B USD -7.2%
Employee-related Liabilities, Current 93.2M USD -6.79%
Liabilities, Current 223M USD -4.74%
Deferred Income Tax Liabilities, Net 181M USD +0.54%
Operating Lease, Liability, Noncurrent 85.7M USD +17%
Other Liabilities, Noncurrent 25.5M USD -20.3%
Liabilities 864M USD -0.45%
Accumulated Other Comprehensive Income (Loss), Net of Tax -24.6M USD -14.1%
Retained Earnings (Accumulated Deficit) 1.15B USD +4.34%
Stockholders' Equity Attributable to Parent 1.02B USD -10.3%
Liabilities and Equity 1.91B USD -7.2%

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 311M USD -10.4%
Deferred Tax Assets, Valuation Allowance 53.4M USD +1.88%
Deferred Tax Assets, Gross 119M USD -0.21%
Operating Lease, Liability 110M USD +4.66%
Payments to Acquire Property, Plant, and Equipment 569K USD -23%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 250M USD -13.7%
Lessee, Operating Lease, Liability, to be Paid 130M USD +10.6%
Property, Plant and Equipment, Gross 151M USD -3.1%
Operating Lease, Liability, Current 16.4M USD -13.7%
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%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.7M USD +18.9%
Additional Paid in Capital 0 USD
Amortization of Intangible Assets 3.2M USD -3.03%
Deferred Tax Assets, Net of Valuation Allowance 65.5M USD -1.85%