Federated Hermes (FHI) Revenue & Revenue Breakdown
Federated Hermes Revenue Highlights
Latest Revenue (Y)
$1.61B
Latest Revenue (Q)
$402.06M
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 |
|---|---|---|
| 2024-06-30 | $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 $402.06M in revenue during Q2 2024, up 1.10% compared to the previous quarter, and up 105.20% 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 |
|---|---|---|---|---|---|
| Federated Hermes Funds | $1.35B | $1.19B | $1.02B | - | - |
| Separate accounts | $244.95M | $238.64M | $259.03M | $221.76M | - |
| Other | $16.03M | - | - | - | - |
| 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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Federated Hermes Funds | $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 | - | - | - |
| Separate accounts | $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 | - | - | - |
| Other | $4.42M | $3.93M | $11.68M | $4.36M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Administrative Service | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $79.19M | $69.57M | $64.22M | - | - | - |
| 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 Jun 24: Federated Hermes Funds (84.12%), Separate accounts (14.78%), and Other (1.10%).
Federated Hermes Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Non-US | $317.62M | $286.44M | $346.83M | $280.25M | $227.92M |
| UNITED STATES | $1.29B | $1.16B | $953.62M | $1.17B | $1.10B |
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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $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 | $282.78M |
| Non-US | $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 | $57.56M |
Federated Hermes's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (84.60%), and Non-US (15.40%).
Federated Hermes Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DHIL | Diamond Hill Investment Group | $136.72B | $36.66B |
| FHI | Federated Hermes | $1.61B | $402.06M |
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 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). The company'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). FHI's quarterly revenue for Q4 2023 was $391.5M, a -2.77% decrease from the previous quarter (Q3 2023), and a 4.71% increase year-over-year (Q4 2022).
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 Federated Hermes Funds, Separate accounts, and Other. 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. Other generated $16.03M in revenue, accounting 1.00% of the company's total revenue
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.