Federated Hermes
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Federated Hermes's past years’ income statements indicate that its last revenue has increased compared to the previous period by 11% to $1,609,332,000. The net income raised on $298,980,000 and profit margin reached 19%. Total operating expenses were $658,637,000.
Profit Margin
| 2014 | 859.25M | 149.23M | 17.37% |
|---|---|---|---|
| 2015 | 926.60M | 169.80M | 18.33% |
| 2016 | 1.14B | 208.91M | 18.27% |
| 2017 | 1.10B | 291.34M | 26.42% |
| 2018 | 1.13B | 220.29M | 19.4% |
| 2019 | 1.32B | 272.33M | 20.52% |
| 2020 | 1.44B | 326.36M | 22.53% |
| 2021 | 1.30B | 270.29M | 20.78% |
| 2022 | 1.44B | 239.49M | 16.56% |
| 2023 | 1.60B | 298.98M | 18.58% |
FHI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.60B | 1.44B | 1.30B | 1.44B | 1.32B | 1.13B | 1.10B | 1.14B | 926.60M | 859.25M |
Cost of revenue | 563.38M | 512.71M | 532.49M | 503.4M | 442.14M | 354.76M | 289.21M | 296.46M | 286.93M | 285.33M |
Gross profit | 1.04B | 933.10M | 767.95M | 944.86M | 884.74M | 780.91M | 813.70M | 846.90M | 639.67M | 573.91M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 394.19M | 335.48M | 182.48M | 334.17M | 358.43M | 303.72M | 353.94M | 398.17M | 246.37M | 211.27M |
Total operating expenses | 658.63M | 596.30M | 401.68M | 526.71M | 536.82M | 450.63M | 472.20M | 511.22M | 360.23M | 335.96M |
Operating income | 400.73M | 336.79M | 366.27M | 418.15M | 347.92M | 330.28M | 341.50M | 335.68M | 279.44M | 237.94M |
Other income (expenses), net | 10.60M | -30.57M | 10.01M | 27.90M | 17.34M | -34.10M | 10.49M | 5.25M | -4.54M | 1.40M |
Income before tax | 411.33M | 306.22M | 376.29M | 446.05M | 365.27M | 296.17M | 352.00M | 340.93M | 274.90M | 239.35M |
Income tax expense | 106.55M | 71.65M | 103.98M | 110.03M | 88.14M | 73.87M | 57.10M | 119.42M | 102.92M | 89.53M |
Net income | 298.98M | 239.49M | 270.29M | 326.36M | 272.33M | 220.29M | 291.34M | 208.91M | 169.80M | 149.23M |
Earnings per share | ||||||||||
Basic EPS | 3.4 | 2.65 | 2.77 | 3.25 | 2.69 | 2.27 | 2.87 | 2.03 | 1.62 | 1.42 |
Diluted EPS | 3.4 | 2.65 | 2.75 | 3.23 | 2.69 | 2.27 | 2.87 | 2.03 | 1.62 | 1.42 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |