Federated Investors, Inc. (FII) financial statements (2021 and earlier)

Company profile

Business Address 1001 LIBERTY AVENUE
PITTSBURGH, PA 15222
State of Incorp. PA
Fiscal Year End December 31
SIC 6282 - Investment Advice (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments249157316236314297239
Cash and cash equivalents249157316105173115104
Short-term investments   131142182134
Receivables140955345344029
Prepaid expense17171210111313
Other current assets2234545
Other undisclosed current assets5434536632(12)53
Total current assets:461304437360396342339
Noncurrent Assets
Operating lease, right-of-use asset101
Property, plant and equipment52533839363940
Intangible assets, net (including goodwill), including:1,2211,149737733734734735
Goodwill775810660659659659659
Intangible assets, net (excluding goodwill)4463407774808177
Other undisclosed intangible assets, net (including goodwill)    (5)(6)
Other noncurrent assets46372023212621
Total noncurrent assets:1,4191,240794795791798796
TOTAL ASSETS:1,8801,5441,2311,1551,1871,1411,136
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1371147575443536
Employee-related liabilities1371147575767670
Other undisclosed accounts payable and accrued liabilities    (32)(41)(34)
Debt14  26262678
Other liabilities111178141330
Other undisclosed current liabilities69564854767670
Total current liabilities:231181129163159149214
Noncurrent Liabilities
Long-term debt and lease obligation108 170166191217198
Long-term debt, excluding current maturities  170166191217198
Operating lease, liability108
Liabilities, other than long-term debt18940141200179161141
Deferred tax liabilities, net 118177159141121
Deferred income tax liabilities165
Other liabilities23402423202020
Other undisclosed noncurrent liabilities100283     
Total noncurrent liabilities:396323311365370378340
Total liabilities:627504440528529527554
Stockholders' equity
Stockholders' equity attributable to parent, including:649490761595648609566
Treasury stock, value(281)(287)(279)(255)(192)(165)(751)
Accumulated other comprehensive income (loss)(0)(15)11521
Retained earnings9307926975305465051,023
Other undisclosed stockholders' equity attributable to parent  342320289268294
Stockholders' equity attributable to noncontrolling interest   1100
Other undisclosed stockholders' equity392367     
Total stockholders' equity:1,041857761596649610566
Other undisclosed liabilities and equity21218330319416
TOTAL LIABILITIES AND EQUITY:1,8801,5441,2311,1551,1871,1411,136

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,3271,1361,1031,143927859878
Financial services revenue335329315319 
Cost of revenue    (249)(204)(304)
Gross profit:1,3271,1361,1031,143677655575
Operating expenses(979)(805)(761)(808)(398)(417)(323)
Other operating income (expense), net
(Other Expenses)
    (17)(25)25
Other undisclosed operating income (loss)    1725(25)
Operating income:348330342336279238252
Nonoperating income (expense)17(34)105(5)17
Investment income, nonoperating4677567
Other nonoperating income (expense)13(30)(0)0(0)(0)(4)
Interest and debt expense(5)(6)(5)(4)(4)(10)(12)
Income from continuing operations before equity method investments, income taxes:360290347337271230247
Other undisclosed income from continuing operations before income taxes565441012
Income from continuing operations before income taxes:365296352341275239259
Income tax expense(88)(74)(57)(119)(103)(90)(93)
Net income:277222295222172150166
Net loss attributable to noncontrolling interest(5)(2)(4)(13)(2)(1)(4)
Net income attributable to parent:272220291209170149162
Other undisclosed net loss available to common stockholders, basic(10)(9)(11)(8)(7)(6)(6)
Net income available to common stockholders, basic:262212280201163143156
Other undisclosed net loss available to common stockholders, diluted(1)(1)     
Net income available to common stockholders, diluted:261211280201163143156

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:277222295222172150166
Other comprehensive income (loss)21(20)(0)4(3)(0)8
Comprehensive income:298202295226169149174
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(5)(2)(4)(13)(3)03
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(7)6 01(1)(13)
Comprehensive income, net of tax, attributable to parent:287206291213167149164

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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