Federated Hermes vs SEI Investments
SEI Investments reported revenue of $2.3 billion in fiscal 2025, 1.3 times Federated Hermes' $1.8 billion in fiscal 2025. Federated Hermes' revenue grew 10.3% in its latest year, and SEI Investments' grew 8.1%. Federated Hermes had an operating margin of 28.5%, against 27.3% at SEI Investments. Free cash flow was $295 million at Federated Hermes and $585 million at SEI Investments.
Side by side
| Federated Hermes | SEI Investments | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.8B | $2.3B |
| Revenue growth | 10.3% | 8.1% |
| Revenue growth a year, last 5 years | 4.5% | 6.4% |
| Gross margin | — | 35.2% |
| Operating margin | 28.5% | 27.3% |
| Net margin | 22.4% | 31.1% |
| Free cash flow | $295M | $585M |
| Free cash flow margin | 16.4% | 25.5% |
| Return on capital | 40.9% | — |
| Net debt to EBITDA | −0.4x | — |
| Dividends and buybacks | $368M | $752M |
| Change in diluted share count | −5.5% | −3.5% |
| Last close | $56.93 | $103.34 |
| P/E at the last close | 10.6× | 18.0× |
| Insider trades, last 12 months | sold $13.0 million | sold $50.1 million |
| Piotroski F-score | 7 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Federated HermesSEI Investments
Operating margin
Percent of revenue
Federated HermesSEI Investments
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Federated HermesSEI Investments
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Federated Hermes and SEI Investments pages.