What is Federated Hermes Inc's ROI in the third quarter of 2024?
Federated Hermes Inc achieved a return on average invested assets (ROI) of
15.53 % in its third quarter of 2024, which is below Federated Hermes Inc's average return on investment, which stands at 16.95%.
ROI has improved compared to 14.54% in the second quarter of 2024, due to net income growth.
Within the
Financial sector 3 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Sep 30 2024 quarter, so far to
58, from total ROI ranking in the second quarter of 2024 at
467.
Definition and Formula of Return on Investment
Return On Investment |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
Y / Y Investment Change TTM |
-0.02 % |
1.55 % |
4.31 % |
2.89 % |
1.86 % |
Y / Y Net Income Change TTM |
-3.48 % |
-6.99 % |
53.64 % |
135.88 % |
314.91 % |
Investment (TTM) in Millions |
1,721 |
1,658 |
1,801 |
1,789 |
1,754 |
Return On Investment (TTM) |
15.53 % |
14.54 % |
17.34 % |
17.27 % |
16.09 % |
FHI's Overall
Ranking |
# 58 |
# 467 |
# 188 |
# 379 |
# 445 |
Seq. Investment Change TTM |
-0.47 % |
-1.54 % |
0.77 % |
1.25 % |
1.09 % |
Seq. Net Income Change TTM |
6.32 % |
-17.44 % |
1.16 % |
8.71 % |
2.45 % |
Net Income (TTM) in Millions |
271 |
255 |
308 |
305 |
280 |