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Side-by-side financial comparison of FEDERATED HERMES, INC. (FHI) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.

Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $479.0M, roughly 1.7× FEDERATED HERMES, INC.). FEDERATED HERMES, INC. runs the higher net margin — 20.1% vs 2.1%, a 18.0% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs -0.8%). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 9.1%).

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...

Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.

FHI vs ROAD — Head-to-Head

Bigger by revenue
ROAD
ROAD
1.7× larger
ROAD
$809.5M
$479.0M
FHI
Growing faster (revenue YoY)
ROAD
ROAD
+44.9% gap
ROAD
44.1%
-0.8%
FHI
Higher net margin
FHI
FHI
18.0% more per $
FHI
20.1%
2.1%
ROAD
Faster 2-yr revenue CAGR
ROAD
ROAD
Annualised
ROAD
47.6%
9.1%
FHI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FHI
FHI
ROAD
ROAD
Revenue
$479.0M
$809.5M
Net Profit
$96.4M
$17.2M
Gross Margin
15.0%
Operating Margin
26.4%
6.2%
Net Margin
20.1%
2.1%
Revenue YoY
-0.8%
44.1%
Net Profit YoY
663.9%
EPS (diluted)
$0.31

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.

Revenue
FHI
FHI
ROAD
ROAD
Q1 26
$479.0M
Q4 25
$482.8M
$809.5M
Q3 25
$469.4M
$899.8M
Q2 25
$424.8M
$779.3M
Q1 25
$423.5M
$571.6M
Q4 24
$424.7M
$561.6M
Q3 24
$408.5M
$538.2M
Q2 24
$402.6M
$517.8M
Net Profit
FHI
FHI
ROAD
ROAD
Q1 26
$96.4M
Q4 25
$107.0M
$17.2M
Q3 25
$104.1M
$56.6M
Q2 25
$91.0M
$44.0M
Q1 25
$101.1M
$4.2M
Q4 24
$84.7M
$-3.1M
Q3 24
$87.5M
$29.3M
Q2 24
$21.0M
$30.9M
Gross Margin
FHI
FHI
ROAD
ROAD
Q1 26
Q4 25
15.0%
Q3 25
17.7%
Q2 25
16.9%
Q1 25
12.5%
Q4 24
13.6%
Q3 24
15.6%
Q2 24
16.1%
Operating Margin
FHI
FHI
ROAD
ROAD
Q1 26
26.4%
Q4 25
28.1%
6.2%
Q3 25
27.6%
11.2%
Q2 25
27.6%
10.6%
Q1 25
31.1%
4.8%
Q4 24
26.0%
2.5%
Q3 24
27.4%
8.5%
Q2 24
10.1%
8.8%
Net Margin
FHI
FHI
ROAD
ROAD
Q1 26
20.1%
Q4 25
22.2%
2.1%
Q3 25
22.2%
6.3%
Q2 25
21.4%
5.7%
Q1 25
23.9%
0.7%
Q4 24
19.9%
-0.5%
Q3 24
21.4%
5.4%
Q2 24
5.2%
6.0%
EPS (diluted)
FHI
FHI
ROAD
ROAD
Q1 26
Q4 25
$1.38
$0.31
Q3 25
$1.34
$1.03
Q2 25
$1.16
$0.79
Q1 25
$1.25
$0.08
Q4 24
$1.08
$-0.06
Q3 24
$1.06
$0.55
Q2 24
$0.20
$0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FHI
FHI
ROAD
ROAD
Cash + ST InvestmentsLiquidity on hand
$104.1M
Total DebtLower is stronger
$348.4M
Stockholders' EquityBook value
$100.8B
$969.1M
Total Assets
$2.1B
$3.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHI
FHI
ROAD
ROAD
Q1 26
Q4 25
$582.5M
$104.1M
Q3 25
$506.3M
$156.1M
Q2 25
$371.0M
$114.3M
Q1 25
$387.6M
$101.9M
Q4 24
$504.4M
$132.5M
Q3 24
$375.0M
$74.7M
Q2 24
$307.4M
$56.3M
Total Debt
FHI
FHI
ROAD
ROAD
Q1 26
$348.4M
Q4 25
$348.4M
Q3 25
$348.3M
$1.6B
Q2 25
$348.2M
Q1 25
$348.2M
Q4 24
$348.1M
Q3 24
$348.0M
$515.0M
Q2 24
$348.0M
Stockholders' Equity
FHI
FHI
ROAD
ROAD
Q1 26
$100.8B
Q4 25
$1.2B
$969.1M
Q3 25
$1.2B
$912.0M
Q2 25
$1.1B
$853.3M
Q1 25
$1.1B
$807.9M
Q4 24
$1.1B
$811.1M
Q3 24
$1.1B
$573.7M
Q2 24
$1.0B
$552.9M
Total Assets
FHI
FHI
ROAD
ROAD
Q1 26
$2.1B
Q4 25
$2.2B
$3.4B
Q3 25
$2.2B
$3.2B
Q2 25
$2.2B
$2.9B
Q1 25
$2.0B
$2.8B
Q4 24
$2.1B
$2.6B
Q3 24
$2.0B
$1.5B
Q2 24
$1.9B
$1.4B
Debt / Equity
FHI
FHI
ROAD
ROAD
Q1 26
0.00×
Q4 25
0.29×
Q3 25
0.29×
1.78×
Q2 25
0.31×
Q1 25
0.32×
Q4 24
0.32×
Q3 24
0.32×
0.90×
Q2 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FHI
FHI
ROAD
ROAD
Operating Cash FlowLast quarter
$82.6M
Free Cash FlowOCF − Capex
$47.1M
FCF MarginFCF / Revenue
5.8%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
4.80×
TTM Free Cash FlowTrailing 4 quarters
$186.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FHI
FHI
ROAD
ROAD
Q1 26
Q4 25
$297.3M
$82.6M
Q3 25
$103.1M
$112.0M
Q2 25
$18.8M
$83.0M
Q1 25
$14.3M
$55.6M
Q4 24
$346.6M
$40.7M
Q3 24
$117.1M
$95.9M
Q2 24
$88.7M
$34.6M
Free Cash Flow
FHI
FHI
ROAD
ROAD
Q1 26
Q4 25
$294.6M
$47.1M
Q3 25
$101.6M
$78.9M
Q2 25
$18.0M
$46.4M
Q1 25
$13.3M
$14.2M
Q4 24
$342.5M
$13.8M
Q3 24
$114.1M
$78.4M
Q2 24
$82.7M
$19.7M
FCF Margin
FHI
FHI
ROAD
ROAD
Q1 26
Q4 25
61.0%
5.8%
Q3 25
21.6%
8.8%
Q2 25
4.2%
5.9%
Q1 25
3.1%
2.5%
Q4 24
80.7%
2.5%
Q3 24
27.9%
14.6%
Q2 24
20.5%
3.8%
Capex Intensity
FHI
FHI
ROAD
ROAD
Q1 26
Q4 25
0.6%
4.4%
Q3 25
0.3%
3.7%
Q2 25
0.2%
4.7%
Q1 25
0.2%
7.2%
Q4 24
0.9%
4.8%
Q3 24
0.7%
3.3%
Q2 24
1.5%
2.9%
Cash Conversion
FHI
FHI
ROAD
ROAD
Q1 26
Q4 25
2.78×
4.80×
Q3 25
0.99×
1.98×
Q2 25
0.21×
1.88×
Q1 25
0.14×
13.20×
Q4 24
4.09×
Q3 24
1.34×
3.27×
Q2 24
4.22×
1.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FHI
FHI

Investment advisory fees, net$319.4M67%
Administrative service fees, net-affiliates$110.3M23%
Other$49.3M10%

ROAD
ROAD

Segment breakdown not available.

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