Federated Hermes (FHI) Revenue & Revenue Breakdown

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Federated Hermes Revenue Highlights

Latest Revenue (Y)

$1.61B

Latest Revenue (Q)

$407.64M

Main Segment (Y)

Federated Hermes Funds

Main Geography (Y)

UNITED STATES

Federated Hermes Revenue by Period

Federated Hermes Revenue by Year

Date	Revenue	Change
2023-12-31	$1.61B	11.33%
2022-12-31	$1.45B	11.18%
2021-12-31	$1.30B	-10.21%
2020-12-31	$1.45B	9.15%
2019-12-31	$1.33B	16.84%
2018-12-31	$1.14B	2.97%
2017-12-31	$1.10B	-3.54%
2016-12-31	$1.14B	23.39%
2015-12-31	$926.61M	7.84%
2014-12-31	$859.25M	-2.18%
2013-12-31	$878.37M	-7.12%
2012-12-31	$945.71M	5.65%
2011-12-31	$895.11M	-5.97%
2010-12-31	$951.94M	-19.05%
2009-12-31	$1.18B	-3.90%
2008-12-31	$1.22B	8.52%
2007-12-31	$1.13B	15.20%
2006-12-31	$978.86M	7.66%
2005-12-31	$909.22M	7.35%
2004-12-31	$846.96M	2.88%
2003-12-31	$823.25M	15.78%
2002-12-31	$711.07M	-0.66%
2001-12-31	$715.78M	5.14%
2000-12-31	$680.77M	13.25%
1999-12-31	$601.10M	15.12%
1998-12-31	$522.13M	29.34%
1997-12-31	$403.70M	-

Federated Hermes generated $1.61B in revenue during NA 2023, up 11.33% compared to the previous quarter, and up 141.73% compared to the same period a year ago.

Federated Hermes Revenue by Quarter

Date	Revenue	Change
2024-09-30	$407.64M	1.39%
2024-06-30	$402.06M	1.10%
2024-03-31	$397.70M	1.59%
2023-12-31	$391.50M	-2.77%
2023-09-30	$402.66M	-7.06%
2023-06-30	$433.23M	13.36%
2023-03-31	$382.19M	2.22%
2022-12-31	$373.90M	-1.90%
2022-09-30	$381.14M	4.14%
2022-06-30	$366.01M	12.70%
2022-03-31	$324.76M	0.97%
2021-12-31	$321.64M	-1.51%
2021-09-30	$326.59M	5.00%
2021-06-30	$311.04M	-8.83%
2021-03-31	$341.17M	-6.25%
2020-12-31	$363.92M	-0.15%
2020-09-30	$364.45M	1.04%
2020-06-30	$360.71M	0.43%
2020-03-31	$359.18M	0.32%
2019-12-31	$358.02M	5.20%
2019-09-30	$340.34M	5.87%
2019-06-30	$321.48M	4.70%
2019-03-31	$307.05M	-0.05%
2018-12-31	$307.22M	-0.45%
2018-09-30	$308.62M	20.56%
2018-06-30	$255.99M	-2.98%
2018-03-31	$263.85M	-5.20%
2017-12-31	$278.31M	-0.00%
2017-09-30	$278.31M	2.02%
2017-06-30	$272.80M	-0.26%
2017-03-31	$273.50M	-5.66%
2016-12-31	$289.90M	-1.60%
2016-09-30	$294.62M	2.75%
2016-06-30	$286.74M	5.38%
2016-03-31	$272.11M	11.69%
2015-12-31	$243.64M	3.98%
2015-09-30	$234.32M	2.72%
2015-06-30	$228.13M	3.45%
2015-03-31	$220.52M	1.22%
2014-12-31	$217.86M	0.43%
2014-09-30	$216.91M	1.85%
2014-06-30	$212.98M	0.70%
2014-03-31	$211.50M	-1.50%
2013-12-31	$214.72M	1.35%
2013-09-30	$211.87M	-5.33%
2013-06-30	$223.81M	-1.83%
2013-03-31	$227.97M	-6.88%
2012-12-31	$244.82M	2.67%
2012-09-30	$238.47M	2.73%
2012-06-30	$232.13M	0.80%
2012-03-31	$230.28M	6.41%
2011-12-31	$216.41M	1.10%
2011-09-30	$214.05M	-5.19%
2011-06-30	$225.78M	-5.49%
2011-03-31	$238.88M	-2.62%
2010-12-31	$245.32M	1.30%
2010-09-30	$242.17M	4.62%
2010-06-30	$231.48M	-0.64%
2010-03-31	$232.97M	-12.02%
2009-12-31	$264.81M	-9.81%
2009-09-30	$293.60M	-4.33%
2009-06-30	$306.89M	-1.21%
2009-03-31	$310.64M	2.94%
2008-12-31	$301.77M	-1.35%
2008-09-30	$305.91M	-1.42%
2008-06-30	$310.31M	1.51%
2008-03-31	$305.69M	1.65%
2007-12-31	$300.74M	-

Federated Hermes generated $407.64M in revenue during Q3 2024, up 1.39% compared to the previous quarter, and up 94.09% compared to the same period a year ago.

Federated Hermes Revenue Breakdown

Federated Hermes Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Other	$16.03M	-	-	-	-
Federated Hermes Funds	$1.35B	$1.19B	$1.02B	-	-
Separate accounts	$244.95M	$238.64M	$259.03M	$221.76M	-
Administrative Service	-	-	-	$318.15M	-
Federated Funds	-	-	-	-	$1.09B

Federated Hermes's latest annual revenue breakdown by segment (product or service), as of Dec 23: Federated Hermes Funds (83.79%), Separate accounts (15.22%), and Other (1.00%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Federated Hermes Funds	$344.80M	$338.65M	$330.94M	$326.84M	$337.20M	$368.61M	$315.93M	$311.02M	$319.68M	$300.90M	$257.33M	$252.83M	$256.04M	$242.05M	$274.00M	$303.96M	$299.13M	$296.88M	-	-
Other	$4.79M	$4.42M	$3.93M	$11.68M	$4.36M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Separate accounts	$58.87M	$59.51M	$61.50M	$60.84M	$61.10M	$60.92M	$62.09M	$58.04M	$57.25M	$60.58M	$62.77M	$63.59M	$66.40M	$65.18M	$63.85M	$57.11M	$58.10M	$57.42M	-	-
Administrative Service	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$79.19M	$69.57M	-	-	-
Financial Service, Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.04M
Distribution and Shareholder Service	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$41.78M

Federated Hermes's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Federated Hermes Funds (84.41%), Separate accounts (14.41%), and Other (1.17%).

Federated Hermes Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$1.29B	$1.16B	$953.62M	$1.17B	$1.10B
Non-US	$317.62M	$286.44M	$346.83M	$280.25M	$227.92M

Federated Hermes's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (80.27%), and Non-US (19.73%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
UNITED STATES	$346.01M	$340.57M	$335.43M	$320.88M	$322.03M	$330.10M	$318.95M	$309.80M	$311.25M	$291.51M	$246.81M	$235.30M	$237.54M	$224.28M	$256.49M	$283.45M	$295.42M	$292.78M	$296.36M	$297.92M
Non-US	$62.44M	$62.02M	$60.94M	$70.61M	$80.63M	$103.13M	$63.24M	$64.10M	$69.89M	$74.50M	$77.95M	$86.34M	$89.05M	$86.76M	$84.68M	$80.47M	$69.03M	$67.93M	$62.82M	$60.11M

Federated Hermes's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (84.71%), and Non-US (15.29%).

Federated Hermes Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DHIL	Diamond Hill Investment Group	$136.72B	$39.02B
FHI	Federated Hermes	$1.61B	$407.64M

FHI Revenue FAQ

What is Federated Hermes’s yearly revenue?

Federated Hermes's yearly revenue for 2023 was $1.61B, representing an increase of 11.33% compared to 2022. The company's yearly revenue for 2022 was $1.45B, representing an increase of 11.18% compared to 2021. FHI's yearly revenue for 2021 was $1.3B, representing a decrease of -10.21% compared to 2020.

What is Federated Hermes’s quarterly revenue?

Federated Hermes's quarterly revenue for Q3 2024 was $407.64M, a 1.39% increase from the previous quarter (Q2 2024), and a 1.24% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $402.06M, a 1.10% increase from the previous quarter (Q1 2024), and a -7.19% decrease year-over-year (Q2 2023). FHI's quarterly revenue for Q1 2024 was $397.7M, a 1.59% increase from the previous quarter (Q4 2023), and a 4.06% increase year-over-year (Q1 2023).

What is Federated Hermes’s revenue growth rate?

Federated Hermes's revenue growth rate for the last 3 years (2021-2023) was 23.77%, and for the last 5 years (2019-2023) was 21.30%.

What are Federated Hermes’s revenue streams?

Federated Hermes's revenue streams in c 23 are Other, Federated Hermes Funds, and Separate accounts. Other generated $16.03M in revenue, accounting 1.00% of the company's total revenue Federated Hermes Funds generated $1.35B in revenue, accounting 83.79% of the company's total revenue, up 13.43% year-over-year. Separate accounts generated $244.95M in revenue, accounting 15.22% of the company's total revenue, up 2.65% year-over-year.

What is Federated Hermes’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Federated Hermes was Federated Hermes Funds. This segment made a revenue of $1.35B, representing 83.79% of the company's total revenue.