Federated Hermes annual free cash flow
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2025
Federated Hermes Free Cash Flow (FCF) History (FHI)
Federated Hermes reported $294.6M in free cash flow for fiscal 2025, a decrease of 14.00% from the previous fiscal year, with a free cash flow margin of 16.36%.
View full Federated Hermes company overviewFederated Hermes free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $294.6M | −$47.9M | −14.00% | +16.36% |
| 2024 | 2024-12-31 | $342.5M | $38.6M | +12.71% | +20.99% |
| 2023 | 2023-12-31 | $303.9M | −$15.7M | −4.90% | +18.88% |
| 2022 | 2022-12-31 | $319.6M | $159.6M | +99.78% | +22.10% |
| 2021 | 2021-12-31 | $160.0M | −$199.8M | −55.53% | +12.30% |
| 2020 | 2020-12-31 | $359.7M | $39.8M | +12.46% | +24.84% |
| 2019 | 2019-12-31 | $319.9M | $130.9M | +69.25% | +24.11% |
| 2018 | 2018-12-31 | $189.0M | −$188.6M | −49.94% | +16.64% |
| 2017 | 2017-12-31 | $377.6M | $124.7M | +49.34% | +34.23% |
| 2016 | 2016-12-31 | $252.8M | $25.7M | +11.30% | +22.11% |
| 2015 | 2015-12-31 | $227.2M | $43.5M | +23.70% | +24.51% |
| 2014 | 2014-12-31 | $183.6M | −$67.0M | −26.74% | +21.37% |
| 2013 | 2013-12-31 | $250.7M | −$57.0M | −18.53% | +28.54% |
| 2012 | 2012-12-31 | $307.7M | $202.4M | +192.34% | +32.53% |
| 2011 | 2011-12-31 | $105.2M | −$102.8M | −49.42% | +11.76% |
| 2010 | 2010-12-31 | $208.1M | −$40.3M | −16.23% | +21.86% |
| 2009 | 2009-12-31 | $248.4M | −$52.3M | −17.39% | +21.12% |
| 2008 | 2008-12-31 | $300.6M | — | — | +24.57% |
Federated Hermes quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $79.7M | $61.7M | +342.66% | +15.85% |
| Q1 2026 | 2026-03-31 | $24.0M | $10.7M | +80.12% | +5.01% |
| Q4 2025 | 2025-12-31 | $160.8M | $34.6M | +27.40% | +33.30% |
| Q3 2025 | 2025-09-30 | $101.6M | −$12.5M | −10.95% | +21.65% |
| Q2 2025 | 2025-06-30 | $18.0M | −$64.7M | −78.23% | +4.24% |
| Q1 2025 | 2025-03-31 | $13.3M | −$135,000 | −1.00% | +3.15% |
| Q4 2024 | 2024-12-31 | $126.2M | −$1.3M | −1.04% | +29.72% |
| Q3 2024 | 2024-09-30 | $114.1M | $10.6M | +10.20% | +27.94% |
| Q2 2024 | 2024-06-30 | $82.7M | $14.5M | +21.32% | +20.54% |
| Q1 2024 | 2024-03-31 | $13.5M | $8.8M | +187.59% | +3.40% |
| Q4 2023 | 2023-12-31 | $127.5M | −$4.6M | −3.49% | +32.57% |
| Q3 2023 | 2023-09-30 | $103.6M | −$7.3M | −6.55% | +25.72% |
| Q2 2023 | 2023-06-30 | $68.2M | −$29.6M | −30.25% | +15.73% |
| Q1 2023 | 2023-03-31 | $4.7M | $25.8M | — | +1.22% |
| Q4 2022 | 2022-12-31 | $132.1M | $65.4M | +97.93% | +35.34% |
| Q3 2022 | 2022-09-30 | $110.8M | $69.3M | +166.98% | +29.07% |
| Q2 2022 | 2022-06-30 | $97.7M | $13.9M | +16.52% | +26.70% |
| Q1 2022 | 2022-03-31 | −$21.1M | $11.1M | — | −6.50% |
| Q4 2021 | 2021-12-31 | $66.8M | −$58.1M | −46.53% | +20.76% |
| Q3 2021 | 2021-09-30 | $41.5M | −$45.0M | −52.00% | +12.71% |
| Q2 2021 | 2021-06-30 | $83.9M | −$36.9M | −30.53% | +26.96% |
| Q1 2021 | 2021-03-31 | −$32.2M | −$59.9M | — | −9.43% |
| Q4 2020 | 2020-12-31 | $124.8M | $6.0M | +5.02% | +34.30% |
| Q3 2020 | 2020-09-30 | $86.5M | −$11.0M | −11.27% | +23.73% |
| Q2 2020 | 2020-06-30 | $120.7M | $28.9M | +31.42% | +33.47% |
| Q1 2020 | 2020-03-31 | $27.7M | $16.0M | +136.72% | +7.71% |
| Q4 2019 | 2019-12-31 | $118.9M | $6.7M | +5.95% | +33.20% |
| Q3 2019 | 2019-09-30 | $97.5M | $151.6M | — | +28.64% |
| Q2 2019 | 2019-06-30 | $91.9M | $5.9M | +6.82% | +28.57% |
| Q1 2019 | 2019-03-31 | $11.7M | −$33.3M | −74.00% | +3.81% |
| Q4 2018 | 2018-12-31 | $112.2M | −$74.8M | −40.00% | +36.52% |
| Q3 2018 | 2018-09-30 | −$54.2M | −$151.8M | — | −17.55% |
| Q2 2018 | 2018-06-30 | $86.0M | $24.2M | +39.10% | +33.59% |
| Q1 2018 | 2018-03-31 | $45.0M | $13.9M | +44.73% | +17.05% |
| Q4 2017 | 2017-12-31 | $187.0M | $99.3M | +113.22% | +67.19% |
| Q3 2017 | 2017-09-30 | $97.7M | $14.6M | +17.59% | +35.09% |
| Q2 2017 | 2017-06-30 | $61.8M | $2.7M | +4.63% | +22.66% |
| Q1 2017 | 2017-03-31 | $31.1M | $8.1M | +35.25% | +11.37% |
| Q4 2016 | 2016-12-31 | $87.7M | $8.2M | +10.25% | +30.25% |
| Q3 2016 | 2016-09-30 | $83.1M | $4.8M | +6.13% | +28.19% |
| Q2 2016 | 2016-06-30 | $59.1M | $3.4M | +6.10% | +20.61% |
| Q1 2016 | 2016-03-31 | $23.0M | $9.3M | +68.32% | +8.45% |
| Q4 2015 | 2015-12-31 | $79.6M | $3.4M | +4.41% | +32.65% |
| Q3 2015 | 2015-09-30 | $78.3M | $33.7M | +75.63% | +33.40% |
| Q2 2015 | 2015-06-30 | $55.7M | $9.4M | +20.18% | +24.41% |
| Q1 2015 | 2015-03-31 | $13.7M | −$2.9M | −17.43% | +6.19% |
| Q4 2014 | 2014-12-31 | $76.2M | −$61.0M | −44.48% | +34.97% |
| Q3 2014 | 2014-09-30 | $44.6M | −$7.4M | −14.20% | +20.54% |
| Q2 2014 | 2014-06-30 | $46.3M | $1.5M | +3.44% | +21.76% |
| Q1 2014 | 2014-03-31 | $16.5M | −$152,000 | −0.91% | +7.82% |
| Q4 2013 | 2013-12-31 | $137.2M | $63.0M | +84.82% | +63.91% |
| Q3 2013 | 2013-09-30 | $51.9M | −$101.9M | −66.23% | +24.51% |
| Q2 2013 | 2013-06-30 | $44.8M | −$6.2M | −12.16% | +20.02% |
| Q1 2013 | 2013-03-31 | $16.7M | −$11.9M | −41.64% | +7.32% |
| Q4 2012 | 2012-12-31 | $74.3M | $107.2M | — | +30.33% |
| Q3 2012 | 2012-09-30 | $153.8M | $84.4M | +121.70% | +64.50% |
| Q2 2012 | 2012-06-30 | $51.0M | $26.9M | +111.36% | +21.97% |
| Q1 2012 | 2012-03-31 | $28.6M | −$16.0M | −35.94% | +12.42% |
| Q4 2011 | 2011-12-31 | −$32.9M | −$75.1M | — | −15.21% |
| Q3 2011 | 2011-09-30 | $69.4M | −$322,000 | −0.46% | +32.41% |
| Q2 2011 | 2011-06-30 | $24.1M | −$39.7M | −62.22% | +10.69% |
| Q1 2011 | 2011-03-31 | $44.6M | $12.4M | +38.26% | +18.69% |
| Q4 2010 | 2010-12-31 | $42.2M | −$43.6M | −50.79% | +17.21% |
| Q3 2010 | 2010-09-30 | $69.7M | — | — | +28.78% |
| Q2 2010 | 2010-06-30 | $63.9M | — | — | +27.59% |
| Q1 2010 | 2010-03-31 | $32.3M | — | — | +13.86% |
| Q3 2009 | 2009-09-30 | $85.8M | — | — | +29.22% |
Federated Hermes free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $359.7M to $294.6M, a compound annual decline of 3.92%. Federated Hermes's latest reported quarter, Q2 2026, generated $79.7M in free cash flow, an increase of 342.66% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Federated Hermes filings at SEC.gov ↗