Federated Hermes Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	406.17	414.1	268.43	304.78	234.56	272.31
Depreciation & Amortization	22.1	22.26	22.43	26.84	28.09	30.01
Stock-Based Compensation	30.29	29.13	28.78	33.95	35.51	39.71
Other Adjustments	-13.25	-18.7	37.91	-7.26	41.91	19.61
Changes in Trading Assets	-127.17	-146.07	-28.57	-34.33	-20.17	-179.42
Change in Receivables	10.36	4.03	17.35	-27.57	-4.37	6.66
Changes in Accounts Payable	4	5.93	9.36	14.63	4.67	-6.37
Changes in Other Operating Activities	-16.37	-13.32	-9.13	0.8	3.76	-12.13
Operating Cash Flow	311.89	297.35	346.55	311.83	323.95	170.38
Operating Cash Flow Growth	-10.07%	-14.20%	11.13%	-3.74%	90.13%	-54.35%
Capital Expenditures	-6.63	-2.76	-4.02	-7.92	-4.37	-15.75
Purchases of Investments	-18.34	-18.69	-47.52	-58	-22.64	-9.43
Proceeds from Sale of Investments	48.42	42.24	119.89	35.3	22.77	35.99
Payments for Business Acquisitions	-6.38	-12.76	0	0	-28.11	0
Other Investing Activities	-6	-6.03	-4.1	0	0	-
Investing Cash Flow	4.69	2.01	64.25	-30.61	-32.36	10.82
Long-Term Debt Issued	-	-	-	-	488.3	295.65
Long-Term Debt Repaid	-	-	-	-	-361.65	-147.3
Net Long-Term Debt Issued (Repaid)	-	-	-	-	126.65	148.35
Repurchase of Common Stock	-207.37	-262.78	-137.62	-177.07	-218.14	-228.35
Net Common Stock Issued (Repurchased)	-207.37	-262.78	-137.62	-177.07	-218.14	-228.35
Common Dividends Paid	-105.51	-104.87	-184.81	-98.09	-97.92	-105.76
Other Financing Activities	115.32	129.76	36.03	32.07	20.89	-63.71
Financing Cash Flow	-197.56	-237.88	-286.4	-243.09	-168.51	-249.47
Effect of Exchange Rate Changes on Cash and Cash Equivalents	7.32	15.35	-3.8	7.87	-20.17	-2.31
Net Cash Flow	126.34	76.81	120.61	46	102.9	-70.58
Free Cash Flow	305.26	294.58	342.53	303.92	319.58	154.64
Free Cash Flow Growth	3.62%	-14.00%	12.71%	-4.90%	106.66%	-57.01%
FCF Margin	16.45%	16.36%	20.99%	18.88%	22.10%	11.89%
Free Cash Flow Per Share	4.13	3.92	4.31	3.62	3.73	1.65
Levered Free Cash Flow	274.47	269.34	258.38	299	378.12	234.99
Unlevered Free Cash Flow	257.47	254.69	244.32	287.18	269.95	81.41

SEC Filings: 10-K · 10-Q