FHI
Income statement / Annual
Last year (2023), Federated Hermes, Inc.'s total revenue was $1.61 B,
an increase of 11.31% from the previous year.
In 2023, Federated Hermes, Inc.'s net income was $298.98 M.
See Federated Hermes, Inc.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$1.61 B
|
$1.45 B
|
$1.30 B
|
$1.45 B
|
$1.33 B
|
$1.14 B
|
$1.10 B
|
$1.14 B
|
$926.61 M
|
$859.25 M
|
Cost of Revenue |
$398.07 M |
$512.71 M |
$532.49 M |
$503.40 M |
$442.15 M |
$354.77 M |
$289.22 M |
$296.47 M |
$286.93 M |
$285.34 M |
Gross Profit |
$1.21 B |
$933.10 M |
$767.96 M |
$944.87 M |
$884.75 M |
$780.91 M |
$813.71 M |
$846.91 M |
$639.68 M |
$573.91 M |
Gross Profit Ratio |
0.75 |
0.65 |
0.59 |
0.65 |
0.67 |
0.69 |
0.74 |
0.74 |
0.69 |
0.67 |
Research and Development
Expenses |
$0.00
|
$0.21
|
$0.29
|
$0.31
|
$0.28
|
$0.26
|
$0.32
|
$0.30
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$198.79 M
|
$178.89 M
|
$185.67 M
|
$163.36 M
|
$158.27 M
|
$133.04 M
|
$102.94 M
|
$99.33 M
|
$96.83 M
|
$99.20 M
|
Selling & Marketing
Expenses |
$394.19 M
|
$335.49 M
|
$182.48 M
|
$334.18 M
|
$358.44 M
|
$303.72 M
|
$353.95 M
|
$398.17 M
|
$246.38 M
|
$211.27 M
|
Selling, General &
Administrative Expenses |
$608.39 M
|
$514.38 M
|
$368.15 M
|
$497.54 M
|
$516.71 M
|
$436.77 M
|
$456.88 M
|
$497.50 M
|
$343.21 M
|
$310.47 M
|
Other Expenses |
$202.15 M |
$81.93 M |
$33.53 M |
$29.18 M |
$20.11 M |
-$35.73 M |
-$4.81 M |
-$4.11 M |
-$4.33 M |
-$9.64 M |
Operating Expenses |
$810.53 M |
$596.31 M |
$401.68 M |
$526.72 M |
$536.82 M |
$450.63 M |
$472.20 M |
$511.22 M |
$360.23 M |
$335.96 M |
Cost And Expenses |
$1.21 B |
$1.11 B |
$934.18 M |
$1.03 B |
$978.97 M |
$805.40 M |
$761.42 M |
$807.69 M |
$647.16 M |
$621.30 M |
Interest Income |
$0.00 |
$8.97 M |
$3.17 M |
$4.12 M |
$4.45 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Interest Expense |
$12.52 M |
$11.07 M |
$1.79 M |
$2.68 M |
$5.04 M |
$5.89 M |
$4.77 M |
$4.17 M |
$4.30 M |
$9.61 M |
Depreciation &
Amortization |
$26.87 M
|
$1.10 B
|
$932.21 M
|
$1.01 B
|
$977.09 M
|
$844.60 M
|
$765.42 M
|
$812.21 M
|
$9.54 M
|
$10.70 M
|
EBITDA |
$427.60 M
|
$411.80 M
|
$396.28 M
|
$448.08 M
|
$375.93 M
|
$347.37 M
|
$352.15 M
|
$345.26 M
|
$288.98 M
|
$248.65 M
|
EBITDA Ratio |
0.27 |
0.23 |
0.27 |
0.27 |
0.26 |
0.29 |
0.3 |
0.29 |
0.3 |
0.26 |
Operating Income Ratio
|
0.25
|
0.23
|
0.28
|
0.29
|
0.26
|
0.29
|
0.31
|
0.29
|
0.3
|
0.28
|
Total Other
Income/Expenses Net |
$10.60 M
|
-$30.57 M
|
$10.02 M
|
$27.91 M
|
$17.34 M
|
-$34.11 M
|
$10.49 M
|
$5.25 M
|
-$4.54 M
|
$1.40 M
|
Income Before Tax |
$411.33 M |
$306.22 M |
$376.29 M |
$446.06 M |
$365.27 M |
$296.17 M |
$352.00 M |
$340.93 M |
$274.91 M |
$239.35 M |
Income Before Tax Ratio
|
0.26
|
0.21
|
0.29
|
0.31
|
0.28
|
0.26
|
0.32
|
0.3
|
0.3
|
0.28
|
Income Tax Expense |
$106.55 M |
$71.66 M |
$103.98 M |
$110.04 M |
$88.15 M |
$73.88 M |
$57.10 M |
$119.42 M |
$102.92 M |
$89.53 M |
Net Income |
$298.98 M |
$239.50 M |
$270.29 M |
$326.36 M |
$272.34 M |
$220.30 M |
$291.34 M |
$208.92 M |
$169.81 M |
$149.24 M |
Net Income Ratio |
0.19 |
0.17 |
0.21 |
0.23 |
0.21 |
0.19 |
0.26 |
0.18 |
0.18 |
0.17 |
EPS |
3.4 |
2.65 |
2.77 |
3.25 |
2.69 |
2.27 |
2.87 |
2.03 |
1.62 |
1.42 |
EPS Diluted |
3.4 |
2.65 |
2.75 |
3.23 |
2.69 |
2.27 |
2.87 |
2.03 |
1.62 |
1.42 |
Weighted Average Shares
Out |
$83.86 M
|
$85.76 M
|
$93.60 M
|
$96.42 M
|
$97.26 M
|
$96.95 M
|
$97.41 M
|
$99.12 M
|
$100.48 M
|
$100.72 M
|
Weighted Average Shares
Out Diluted |
$83.86 M
|
$85.76 M
|
$93.60 M
|
$96.42 M
|
$97.26 M
|
$96.95 M
|
$97.41 M
|
$99.12 M
|
$100.48 M
|
$100.72 M
|
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