Federated Hermes, Inc.
FHIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,632
Cost of Revenue
540
Gross Profit
1,092
Gross Margin
66.9%
Operating Income
361
Operating Margin
22.1%
Net Income
268
Net Margin
16.4%
EPS (Basic)
$3.23
EPS (Diluted)
$3.23
EBITDA
417
EBITDA Margin
25.5%
2023
12/31/2023
Revenue
1,610
Cost of Revenue
563
Gross Profit
1,046
Gross Margin
65.0%
Operating Income
388
Operating Margin
24.1%
Net Income
299
Net Margin
18.6%
EPS (Basic)
$3.40
EPS (Diluted)
$3.40
EBITDA
428
EBITDA Margin
26.6%
2022
12/31/2022
Revenue
1,446
Cost of Revenue
513
Gross Profit
933
Gross Margin
64.5%
Operating Income
337
Operating Margin
23.3%
Net Income
239
Net Margin
16.6%
EPS (Basic)
$2.65
EPS (Diluted)
$2.65
EBITDA
396
EBITDA Margin
27.4%
2021
12/31/2021
Revenue
1,300
Cost of Revenue
532
Gross Profit
768
Gross Margin
59.1%
Operating Income
366
Operating Margin
28.2%
Net Income
270
Net Margin
20.8%
EPS (Basic)
$2.77
EPS (Diluted)
$2.75
EBITDA
396
EBITDA Margin
30.5%
2020
12/31/2020
Revenue
1,448
Cost of Revenue
503
Gross Profit
945
Gross Margin
65.2%
Operating Income
418
Operating Margin
28.9%
Net Income
326
Net Margin
22.5%
EPS (Basic)
$3.25
EPS (Diluted)
$3.23
EBITDA
448
EBITDA Margin
30.9%