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Side-by-side financial comparison of BXP, Inc. (BXP) and FEDERATED HERMES, INC. (FHI). Click either name above to swap in a different company.
BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $479.0M, roughly 1.8× FEDERATED HERMES, INC.). FEDERATED HERMES, INC. runs the higher net margin — 20.1% vs 15.3%, a 4.9% gap on every dollar of revenue. On growth, BXP, Inc. posted the faster year-over-year revenue change (0.8% vs -0.8%). Over the past eight quarters, FEDERATED HERMES, INC.'s revenue compounded faster (9.1% CAGR vs 1.3%).
BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.
Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $902.6 billion of customer assets, as of December 2025. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clie...
BXP vs FHI — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $479.0M |
| Net Profit | $133.0M | $96.4M |
| Gross Margin | — | — |
| Operating Margin | — | 26.4% |
| Net Margin | 15.3% | 20.1% |
| Revenue YoY | 0.8% | -0.8% |
| Net Profit YoY | 53.0% | — |
| EPS (diluted) | $1.69 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $872.1M | $479.0M | ||
| Q4 25 | $877.1M | $482.8M | ||
| Q3 25 | $871.5M | $469.4M | ||
| Q2 25 | $868.5M | $424.8M | ||
| Q1 25 | $865.2M | $423.5M | ||
| Q4 24 | $858.6M | $424.7M | ||
| Q3 24 | $859.2M | $408.5M | ||
| Q2 24 | $850.5M | $402.6M |
| Q1 26 | $133.0M | $96.4M | ||
| Q4 25 | $248.4M | $107.0M | ||
| Q3 25 | $-121.7M | $104.1M | ||
| Q2 25 | $89.0M | $91.0M | ||
| Q1 25 | $61.2M | $101.1M | ||
| Q4 24 | $-228.9M | $84.7M | ||
| Q3 24 | $83.6M | $87.5M | ||
| Q2 24 | $79.6M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
| Q1 26 | — | 26.4% | ||
| Q4 25 | — | 28.1% | ||
| Q3 25 | — | 27.6% | ||
| Q2 25 | — | 27.6% | ||
| Q1 25 | — | 31.1% | ||
| Q4 24 | — | 26.0% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 10.1% |
| Q1 26 | 15.3% | 20.1% | ||
| Q4 25 | 28.3% | 22.2% | ||
| Q3 25 | -14.0% | 22.2% | ||
| Q2 25 | 10.2% | 21.4% | ||
| Q1 25 | 7.1% | 23.9% | ||
| Q4 24 | -26.7% | 19.9% | ||
| Q3 24 | 9.7% | 21.4% | ||
| Q2 24 | 9.4% | 5.2% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.38 | ||
| Q3 25 | $-0.77 | $1.34 | ||
| Q2 25 | $0.56 | $1.16 | ||
| Q1 25 | $0.39 | $1.25 | ||
| Q4 24 | $-1.46 | $1.08 | ||
| Q3 24 | $0.53 | $1.06 | ||
| Q2 24 | $0.51 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $512.8M | — |
| Total DebtLower is stronger | — | $348.4M |
| Stockholders' EquityBook value | $7.7B | $100.8B |
| Total Assets | $25.1B | $2.1B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $582.5M | ||
| Q3 25 | $861.1M | $506.3M | ||
| Q2 25 | $447.0M | $371.0M | ||
| Q1 25 | $398.1M | $387.6M | ||
| Q4 24 | $1.3B | $504.4M | ||
| Q3 24 | $1.4B | $375.0M | ||
| Q2 24 | $685.4M | $307.4M |
| Q1 26 | — | $348.4M | ||
| Q4 25 | — | $348.4M | ||
| Q3 25 | — | $348.3M | ||
| Q2 25 | — | $348.2M | ||
| Q1 25 | — | $348.2M | ||
| Q4 24 | — | $348.1M | ||
| Q3 24 | — | $348.0M | ||
| Q2 24 | — | $348.0M |
| Q1 26 | $7.7B | $100.8B | ||
| Q4 25 | $5.1B | $1.2B | ||
| Q3 25 | $5.0B | $1.2B | ||
| Q2 25 | $5.3B | $1.1B | ||
| Q1 25 | $5.3B | $1.1B | ||
| Q4 24 | $5.4B | $1.1B | ||
| Q3 24 | $5.8B | $1.1B | ||
| Q2 24 | $5.8B | $1.0B |
| Q1 26 | $25.1B | $2.1B | ||
| Q4 25 | $26.2B | $2.2B | ||
| Q3 25 | $26.0B | $2.2B | ||
| Q2 25 | $25.6B | $2.2B | ||
| Q1 25 | $25.4B | $2.0B | ||
| Q4 24 | $26.1B | $2.1B | ||
| Q3 24 | $26.4B | $2.0B | ||
| Q2 24 | $25.5B | $1.9B |
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BXP
| Lease | $818.2M | 94% |
| Parking and other | $30.8M | 4% |
| Development and management services | $9.2M | 1% |
FHI
| Investment advisory fees, net | $319.4M | 67% |
| Administrative service fees, net-affiliates | $110.3M | 23% |
| Other | $49.3M | 10% |
