Federated Hermes (FHI) vs Lazard (LAZ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Federated Hermes (FHI) has outperformed Lazard (LAZ) over the past year, gaining 6.8% versus a loss of 27.1%. Over five years, FHI leads with a +69.4% price change compared with -28.5% for LAZ. Federated Hermes is the larger company by market cap ($4.18 billion vs $3.49 billion), about 1.2 times the size.
On valuation, Federated Hermes trades at a lower forward P/E (9.6x vs 9.8x for Lazard). Lazard offers the higher dividend yield (5.58% vs 2.50%). Federated Hermes converts more of its revenue into profit, with a net margin of 22.4% versus 7.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FHI | LAZ |
|---|---|---|
| Share price | $55.95 | $35.82 |
| Market cap | $4.18B | $3.49B |
| 1-day change | +0.18% | 0.00% |
| YTD return | +7.45% | -26.24% |
| 1-year return | +6.80% | -27.06% |
| 5-year return | +69.44% | -28.55% |
| P/E ratio (TTM) | 10.42 | 17.56 |
| Forward P/E | 9.60 | 9.77 |
| EPS (TTM) | $5.37 | $2.04 |
| Dividend yield | 2.50% | 5.58% |
| Annual dividend | $1.40 | $2.00 |
| Revenue (latest FY) | $1.80B | $3.19B |
| Revenue growth (YoY) | +10.33% | +1.48% |
| Net income (latest FY) | $403.30M | $236.83M |
| Operating margin | 28.54% | 10.28% |
| Net margin | 22.40% | 7.43% |
| 52-week high | $67.20 | $58.75 |
| 52-week low | $46.66 | $34.76 |
| Distance from 52-week high | -16.74% | -39.03% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +7.49% | +26.33% |
| Average volume | 604.39K | 1.67M |
| Shares outstanding | 74.65M | 97.45M |
| Employees | 2,091 | 3,279 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FHI has outperformed LAZ by 33.9 percentage points over the past year.
- Lazard trades at a higher earnings multiple (17.6x vs 10.4x trailing P/E).
- Lazard offers a meaningfully higher dividend yield (5.58% vs 2.50%).
- Federated Hermes is more profitable, keeping 22.4 cents of every revenue dollar as net income versus 7.4 cents for Lazard.
- Federated Hermes grew revenue faster in its latest fiscal year (+10.33% vs +1.48%).
About Federated Hermes
FHI stock →Federated Hermes, Inc. is a publicly owned investment manager.
Finance · Investment Managers · 2,091 employees
About Lazard
LAZ stock →Lazard, Inc. operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Finance · Investment Managers · 3,279 employees
FHI vs LAZ FAQ
Which is bigger, Federated Hermes or Lazard?
Federated Hermes (FHI) is larger, with a market capitalization of $4.18B compared with $3.49B for Lazard (LAZ).
Which stock has performed better over the past year, FHI or LAZ?
FHI returned +6.80% over the past 12 months, compared with -27.06% for LAZ (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FHI or LAZ?
FHI has the lower trailing P/E at 10.4, versus 17.6 for LAZ. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Federated Hermes or Lazard?
Lazard has the higher yield at 5.58%, compared with 2.50% for Federated Hermes.
Are Federated Hermes and Lazard in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.