Federated Hermes, Inc. financial data

Symbol
FHI on NYSE
Industry
Investment Advice
Location
1001 Liberty Avenue, Pittsburgh, PA
State of incorporation
PA
Fiscal year end
December 31
Former names
FEDERATED INVESTORS INC /PA/ (to 1/30/2020)
Latest financial report
10-Q - Q3 2024 - Oct 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 282 % +0.31%
Debt-to-equity 81.8 % +1.24%
Return On Assets 13.1 % -2.46%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 3B USD +11.1%
Weighted Average Number of Shares Outstanding, Basic 78.7M shares -6%
Weighted Average Number of Shares Outstanding, Diluted 78.7M shares -5.98%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.6B USD +0.44%
Operating Income (Loss) 354M USD +1.4%
Nonoperating Income (Expense) 33M USD +61.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 387M USD +4.72%
Income Tax Expense (Benefit) 116M USD +30.6%
Net Income (Loss) Attributable to Parent 266M USD -2.75%
Earnings Per Share, Basic 3.1 USD/shares +0.98%
Earnings Per Share, Diluted 3.1 USD/shares +0.98%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 375M USD -0.53%
Accounts Receivable, after Allowance for Credit Loss, Current 75.2M USD +35.5%
Other Assets, Current 6.3M USD -0.24%
Assets, Current 723M USD +1.62%
Property, Plant and Equipment, Net 27.6M USD -12.3%
Operating Lease, Right-of-Use Asset 90.5M USD -10.6%
Intangible Assets, Net (Excluding Goodwill) 343M USD -14.8%
Goodwill 814M USD +1.5%
Other Assets, Noncurrent 40.2M USD +23.4%
Assets 2.04B USD -2.06%
Employee-related Liabilities, Current 127M USD +2.1%
Liabilities, Current 263M USD +2.95%
Deferred Income Tax Liabilities, Net 176M USD -0.16%
Operating Lease, Liability, Noncurrent 83.6M USD -12.9%
Other Liabilities, Noncurrent 29.4M USD -12.4%
Liabilities 901M USD -0.99%
Accumulated Other Comprehensive Income (Loss), Net of Tax 888K USD
Retained Earnings (Accumulated Deficit) 1.21B USD +5.16%
Stockholders' Equity Attributable to Parent 1.08B USD -1.5%
Liabilities and Equity 2.04B USD -2.06%

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 379M USD -0.69%
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 310M USD -2.29%
Lessee, Operating Lease, Liability, to be Paid 130M USD +10.6%
Property, Plant and Equipment, Gross 151M USD -3.1%
Operating Lease, Liability, Current 16.2M USD +2%
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 -100%
Amortization of Intangible Assets 3.2M USD -3.03%
Deferred Tax Assets, Net of Valuation Allowance 65.5M USD -1.85%