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H & M Hennes & Mauritz AB (publ) HM-B.ST

SE · Nasdaq Stockholm · XSTO · stock · Consumer Cyclical · website

H & M Hennes & Mauritz AB (publ) statistics & valuation

Market capkr 279.5B
P / E23.0×
P / S1.2×
P / B6.5×
P / FCF13.7×
Net margin5.3%
FCF margin9.0%
Net debtkr 56.6B
Enterprise value USD$31.8B
Earnings yield EBIT/EV5.5%
Return on capital17.1%

Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
1.60% 3.70% 5.00% 5.30% 2022202320242025
Gross margin (%)
50.70% 51.20% 53.40% 53.40% 2022202320242025
Operating margin (%)
3.30% 5.70% 7.40% 8.10% 2022202320242025
Return on equity (%)
7.00% 18.40% 25.20% 28.30% 2022202320242025
Shares outstanding
1.40B 1.40B 1.40B 1.40B 2022202320242025
Net debt (kr )
kr 50.93B kr 51.57B kr 59.61B kr 56.64B 2022202320242025
Share buybacks (kr )
kr 3.00B kr 1.07B kr 2.93B kr 254.0M 2022202320242025
Return on assets (%)
2.00% 4.80% 6.40% 7.10% 2022202320242025
Free cash flow margin (%)
8.40% 10.60% 8.70% 9.00% 2022202320242025
Debt / equity (×)
1.43× 1.64× 1.67× 1.81× 2022202320242025
EPS (kr )
kr 2.16 kr 5.37 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin53.4%53.4%51.2%50.7%
Operating margin8.1%7.4%5.7%3.3%
Net margin5.3%5.0%3.7%1.6%
FCF margin9.0%8.7%10.6%8.4%
Return on assets7.1%6.4%4.8%2.0%
Return on equity28.3%25.2%18.4%7.0%
Debt / equity0.43×0.31×0.30×0.19×
Current ratio1.181.141.191.16

Computed from company filings · SE · as of 2025-11-30. Figures in SEK. Facts plus Stocktoria's own computed scores — not investment advice.