Federated Hermes, Inc.

FHI · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$1,632,093$1,609,574$1,445,814$1,300,447
% Growth1.4%11.3%11.2%
Cost of Goods Sold$540,486$563,388$512,713$532,492
Gross Profit$1,091,607$1,046,186$933,101$767,955
% Margin66.9%65%64.5%59.1%
R&D Expenses$0$0$0$0
G&A Expenses$210,814$198,786$178,891$185,670
SG&A Expenses$617,231$592,976$514,376$368,154
Sales & Mktg Exp.$406,417$394,190$335,485$182,484
Other Operating Expenses$112,909$65,661$81,929$33,529
Operating Expenses$730,140$658,637$596,305$401,683
Operating Income$361,467$387,549$336,796$366,272
% Margin22.1%24.1%23.3%28.2%
Other Income/Exp. Net$20,142$23,783-$30,574$10,018
Pre-Tax Income$381,609$411,332$306,222$376,290
Tax Expense$113,179$106,551$71,658$103,982
Net Income$268,314$298,980$239,496$270,293
% Margin16.4%18.6%16.6%20.8%
EPS3.233.42.652.77
% Growth-5%28.3%-4.3%
EPS Diluted3.233.42.652.75
Weighted Avg Shares Out79,42683,85885,76293,597
Weighted Avg Shares Out Dil79,43083,85885,76293,597
Supplemental Information
Interest Income$26,065$0$8,973$3,171
Interest Expense$0$12,519$11,073$1,785
Depreciation & Amortization$22,429$26,870$28,085$30,010
EBITDA$416,703$427,600$396,401$396,282
% Margin25.5%26.6%27.4%30.5%
Federated Hermes, Inc. (FHI) Financial Statements & Key Stats | AlphaPilot