Federated Hermes Cash Flow Statement
NYSE: FHIFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Federated Hermes free cash flow
In fiscal 2025, Federated Hermes generated $297.3 million of operating cash flow and spent $2.8 million on capital expenditures. That left free cash flow of $294.6 million, a free-cash-flow margin of 16.4% of revenue. Free cash flow was down 14.0% from the prior year's $342.5 million.
Federated Hermes returned $367.6 million to shareholders: $104.9 million in dividends and $262.8 million in share repurchases, equal to 125% of free cash flow. Free cash flow covered dividend payments 2.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Federated Hermes cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 414.10M | 268.43M | 304.78M | 234.56M | 272.31M | 336.02M | 277.13M | 222.30M | 294.90M | 221.51M |
| Net Income growth (YoY) | +54.27% | -11.93% | +29.94% | -13.86% | -18.96% | +21.25% | +24.66% | -24.62% | +33.13% | +28.80% |
| Depreciation & Amortization | 8.30M | 9.10M | 13.00M | 15.10M | 15.40M | 16.00M | 16.50M | 17.09M | 10.64M | 9.70M |
| Stock-Based Compensation | 29.13M | 28.78M | 33.95M | 34.80M | 30.29M | 26.67M | 25.06M | 23.89M | 22.51M | 22.45M |
| Change in Working Capital | -3.36M | 17.57M | -12.14M | 4.06M | -11.83M | -12.29M | 23.85M | -97.78M | -15.33M | -6.28M |
| Operating Cash Flow | 297.35M | 346.55M | 311.83M | 323.95M | 170.38M | 373.24M | 334.94M | 206.28M | 387.38M | 265.67M |
| Capital Expenditures | -2.76M | -4.02M | -7.92M | -4.37M | -10.42M | -13.50M | -15.04M | -17.27M | -9.80M | -12.84M |
| Investing Cash Flow | 2.01M | 64.25M | -30.61M | -32.36M | 10.82M | -24.82M | -94.68M | -174.44M | 1.00M | -21.04M |
| Dividends Paid | -104.87M | -184.81M | -98.09M | -97.92M | -105.76M | -207.76M | -109.15M | -106.94M | -101.51M | -205.47M |
| Share Repurchases | -262.77M | -137.62M | -177.07M | -218.14M | -228.35M | -66.76M | -15.74M | -29.25M | -48.64M | -81.77M |
| Debt Issued | — | 0 | 0 | 488.30M | 295.65M | 100.00M | — | — | — | — |
| Financing Cash Flow | -237.88M | -286.40M | -243.09M | -168.51M | -249.47M | -295.14M | -152.68M | -186.12M | -176.92M | -312.37M |
| Net Change in Cash | 76.81M | 120.61M | 46.00M | 102.90M | -70.58M | 59.12M | 92.08M | -159.38M | 211.45M | -67.73M |
| Free Cash Flow | 294.58M | 342.53M | 303.92M | 319.58M | 159.96M | 359.74M | 319.89M | 189.01M | 377.58M | 252.83M |
This table shows 10 annual periods of Federated Hermes's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow FHI's reporting calendar. What is a cash flow statement?