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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Federated Hermes:
 Three Months Ended
March 31,
(in thousands, except per share data)20252024
Numerator
Net Income Attributable to Federated Hermes, Inc.$101,134 $75,033 
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
(4,512)(3,403)
Total Net Income Attributable to Federated Hermes Common Stock - Basic and Diluted$96,622 $71,630 
Denominator
Basic Weighted-Average Federated Hermes Common Stock2
77,541 80,709 
Dilutive Impact from Non-forfeitable Restricted Stock1 
Diluted Weighted-Average Federated Hermes Common Stock2
77,542 80,710 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock - Basic and Diluted2
$1.25 $0.89 
1    Includes dividends paid on unvested restricted Federated Hermes Class B common stock and their proportionate share of undistributed earnings attributable to Federated Hermes shareholders.
2    Federated Hermes common stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share, except for circumstances where shares vest upon retirement and the employee has reached retirement age.