FHI Federated Hermes Inc

  1. Stocks
  2. Financial Services
  3. NYSE: FHI

Price (delayed)

$39.86

Market cap

$3.15B

P/E Ratio

11.26

Dividend/share

$2.24

EPS

$3.54

Enterprise value

$3.22B

Federated Hermes, Inc. is a leading global investment manager with $614.8 billion in assets under management as of Sept. 30, 2020. Guided by its conviction that responsible investing is the ...

Highlights
The company's EPS rose by 10% QoQ
The stock's price to earnings (P/E) is 4.6% less than its last 4 quarters average of 11.8
FHI's quick ratio is up by 12% since the previous quarter but it is down by 10% year-on-year
The company's net income rose by 10% QoQ but it fell by 3.3% YoY
Federated Hermes's equity has decreased by 6% YoY
Sector: Financial Services
Industry: Asset Management
Website: http://www.federatedhermes.com
Peers: OWL PAX

Key stats

What are the main financial stats of FHI
Market
Shares outstanding
79.1M
Market cap
$3.15B
Enterprise value
$3.22B
Valuations
Price to earnings (P/E)
11.26
Price to book (P/B)
3.01
Price to sales (P/S)
1.95
EV/EBIT
7.62
EV/EBITDA
7.24
EV/Sales
1.94
Earnings
Revenue
$1.66B
Gross profit
$1.66B
Operating income
$394.66M
Net income
$294.42M
EBIT
$423.45M
EBITDA
$445.67M
Free cash flow
$342.4M
Per share
EPS
$3.54
EPS diluted
$3.54
Free cash flow per share
$4.21
Book value per share
$13.23
Revenue per share
$20.41
TBVPS
$10.62
Balance sheet
Total assets
$2B
Total liabilities
$858.72M
Debt
$459.1M
Equity
$1.08B
Working capital
$455.58M
Liquidity
Debt to equity
0.43
Current ratio
3.04
Quick ratio
2.89
Net debt/EBITDA
0.16
Margins
EBITDA margin
26.9%
Gross margin
100%
Net margin
17.7%
Operating margin
23.8%
Efficiency
Return on assets
14.4%
Return on equity
27.1%
Return on invested capital
62.4%
Return on capital employed
23.8%
Return on sales
25.5%
Dividend
Dividend yield
5.62%
DPS
$2.24
Payout ratio
63.3%

FHI stock price

How has the Federated Hermes stock price performed over time
Intraday
-0.6%
1 week
9.96%
1 month
-2.04%
1 year
21.52%
YTD
-3.04%
QTD
-2.23%

Financial performance

How have Federated Hermes's revenue and profit performed over time
Revenue
$1.66B
Gross profit
$1.66B
Operating income
$394.66M
Net income
$294.42M
Gross margin
100%
Net margin
17.7%
The company's net income rose by 10% QoQ but it fell by 3.3% YoY
FHI's operating income is up by 9% from the previous quarter
The net margin has grown by 8% from the previous quarter but it has contracted by 5% YoY
FHI's operating margin is up by 8% since the previous quarter but it is down by 3.6% year-on-year

Growth

What is Federated Hermes's growth rate over time

Valuation

What is Federated Hermes stock price valuation
FHI P/E details
P/E
11.26
P/B
3.01
P/S
1.95
EV/EBIT
7.62
EV/EBITDA
7.24
EV/Sales
1.94
The company's EPS rose by 10% QoQ
The stock's price to earnings (P/E) is 4.6% less than its last 4 quarters average of 11.8
The price to book (P/B) is 8% higher than the 5-year quarterly average of 2.8 and 3.8% higher than the last 4 quarters average of 2.9
Federated Hermes's equity has decreased by 6% YoY
The P/S is 7% below the 5-year quarterly average of 2.1 but 2.6% above the last 4 quarters average of 1.9
FHI's revenue is up by 2.2% YoY

Efficiency

How efficient is Federated Hermes business performance
The return on equity rose by 10% since the previous quarter
The company's return on assets rose by 9% QoQ
FHI's return on invested capital is up by 9% since the previous quarter and by 2.5% year-on-year
The company's return on sales rose by 5% QoQ but it fell by 4.1% YoY

Dividends

What is FHI's dividend history
Dividend details
DPS
$2.24
Dividend yield
5.62%
Payout ratio
63.3%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Federated Hermes financials performed over time
Federated Hermes's total assets is 133% higher than its total liabilities
Federated Hermes's current ratio has increased by 13% from the previous quarter but it has decreased by 10% YoY
FHI's quick ratio is up by 12% since the previous quarter but it is down by 10% year-on-year
The debt is 57% less than the equity
Federated Hermes's debt to equity has increased by 8% YoY and by 2.4% QoQ
Federated Hermes's equity has decreased by 6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.