Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Federated Hermes's gross profit for the
three
months ended in Jun. 2026 was €296 Mil. Federated Hermes's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was €1,143 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Federated Hermes's gross profit for the
three
months ended in Jun. 2026 was €296 Mil. Federated Hermes's Revenue for the
three
months ended in Jun. 2026 was €436 Mil. Therefore, Federated Hermes's Gross Margin % for the quarter that ended in Jun. 2026 was 67.87%.
Federated Hermes had a gross margin of 67.87% for the quarter that ended in Jun. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Federated Hermes was 74.07%. The lowest was 59.05%. And the median was 66.78%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Federated Hermes had a gross margin of 67.87% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Federated Hermes Gross Profit Related Terms
Federated Hermes Gross Profit Historical Data
* Premium members only.
The historical data trend for Federated Hermes's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:3KC vs HLNE, HASI, OTF: Gross Profit Comparison
For the Asset Management subindustry, Federated Hermes's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Federated Hermes Gross Profit vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Federated Hermes's Gross Profit distribution charts can be found below:
* The bar in red indicates where Federated Hermes's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,143 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Federated Hermes (FRA:3KC) has a Gross Profit of €1,143 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Federated Hermes and its competitors.
Is Federated Hermes' Gross Profit too high?
Federated Hermes' current Gross Profit is €1,143 Mil. Overall, Federated Hermes has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Federated Hermes' Gross Profit compare to HLNE and HASI?
Federated Hermes' Gross Profit of €1,143 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Asset Management company?
A good Gross Profit depends on the Asset Management industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Federated Hermes and its competitors. Federated Hermes's current Gross Profit is €1,143 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federated Hermes stock overvalued right now?
Based on GuruFocus' analysis, Federated Hermes (FRA:3KC) is currently considered Modestly Overvalued. The stock's GF Value™ is €45.60, compared to a current price of €53.00 — trading 16.2% above its estimated fair value. The current Gross Profit is €1,143 Mil. Federated Hermes' overall GF Score™ is 96/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Federated Hermes (FRA:3KC), the current Gross Profit is €1,143 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Federated Hermes (FRA:3KC) Overvalued in 2026?
Based on GuruFocus' analysis, Federated Hermes stock appears to be overvalued.
The current stock price of €53.00 is trading 16.2% above its estimated GF Value™ of €45.60.
GuruFocus considers Federated Hermes to be Modestly Overvalued.
Key valuation signals for FRA:3KC:
Gross Profit: €1,143 Mil
GF Value™: €45.60 vs. price of €53.00 (16.2% above fair value)
No single metric tells the full story. See the FRA:3KC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Federated Hermes provides asset management services for institutional and individual investors. The firm had $902.6 billion in managed assets at the end of 2025, composed of equity (11%), multi-asset (less than 1%), fixed-income (11%), alternative (2%), and money market (76%) funds. The firm's cash management operations are expected to generate around 55% of Federated's revenue this year, compared with 27%, 10%, and 8%, respectively, for the equity, fixed-income, and alternatives/multi-asset/other operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (68% of AUM), institutional investors (25%), and international clients (7%).
96GF Score
Get the complete analysis for FRA:3KC
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:3KC has been successfully added to your 
