Hermès International Société en commandite par actions (EPA:RMS)
France · Delayed Price · Currency is EUR 1,582.50
+22.00 (1.41%)
Aug 19, 2026, 5:35 PM CET
Hermes Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 4,516 | 4,524 | 4,603 | 4,311 | 3,367 | 2,445 |
Depreciation & Amortization | 674 | 696 | 660 | 577 | 532 | 484 |
Other Amortization | 155 | 103 | 101 | 89 | 75 | 79 |
Loss (Gain) From Sale of Assets | 1 | 3 | -2 | -14 | -1 | -4 |
Asset Writedown & Restructuring Costs | 155 | 127 | 83 | 106 | 123 | 65 |
Loss (Gain) on Equity Investments | -44 | -47 | -44 | -105 | -50 | -34 |
Stock-Based Compensation | 132 | 132 | 142 | 104 | 55 | 59 |
Other Operating Activities | -42 | 33 | -193 | 42 | -3 | -43 |
Change in Accounts Receivable | -18 | -49 | 4 | -122 | -54 | -30 |
Change in Inventory | 49 | 127 | -313 | -662 | -324 | -116 |
Change in Accounts Payable | 24 | -33 | -60 | 42 | 203 | 71 |
Change in Other Net Operating Assets | 121 | -278 | 130 | -52 | 248 | 421 |
Operating Cash Flow | 5,743 | 5,374 | 5,139 | 4,328 | 4,184 | 3,405 |
Operating Cash Flow Growth | 9.91% | 4.57% | 18.74% | 3.44% | 22.88% | 107.37% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -681 | -708 | -1,067 | -578 | -414 | -403 |
Sale of Property, Plant & Equipment | - | 1 | 1 | - | 1 | 3 |
Cash Acquisitions | -52 | -60 | -229 | -288 | -1 | - |
Sale (Purchase) of Intangibles | -182 | -127 | - | -115 | -104 | -127 |
Sale (Purchase) of Real Estate | -326 | -326 | - | -166 | - | -2 |
Investment in Securities | -213 | -171 | 118 | -52 | -160 | -192 |
Other Investing Activities | 93 | 115 | -18 | 204 | 99 | 52 |
Investing Cash Flow | -1,361 | -1,276 | -1,195 | -995 | -579 | -669 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 8 | - | - | - | - |
Long-Term Debt Repaid | - | -341 | -306 | -278 | -261 | -220 |
Net Debt Issued (Repaid) | -339 | -333 | -306 | -278 | -261 | -220 |
Repurchase of Common Stock | -162 | -8 | -37 | -130 | -123 | -158 |
Common Dividends Paid | -1,916 | -1,705 | -1,595 | -1,376 | -844 | -485 |
Other Financing Activities | -39 | -42 | -61 | -10 | -9 | -6 |
Financing Cash Flow | -2,456 | -3,136 | -3,046 | -1,794 | -1,237 | -869 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 65 | -364 | 119 | -138 | 159 | 110 |
Miscellaneous Cash Flow Adjustments | - | -1 | - | 1 | 1 | 1 |
Net Cash Flow | 1,991 | 597 | 1,017 | 1,402 | 2,528 | 1,978 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 5,062 | 4,666 | 4,072 | 3,750 | 3,770 | 3,002 |
Free Cash Flow Growth | 21.65% | 14.59% | 8.59% | -0.53% | 25.58% | 129.69% |
Free Cash Flow Margin | 31.38% | 29.16% | 26.84% | 27.93% | 32.49% | 33.42% |
Free Cash Flow Per Share | 48.20 | 44.42 | 38.81 | 35.77 | 35.93 | 28.60 |
Levered Free Cash Flow | 4,915 | 4,040 | 3,685 | 3,065 | 3,092 | 2,859 |
Unlevered Free Cash Flow | 4,951 | 4,074 | 3,721 | 3,100 | 3,121 | 2,879 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Change in Working Capital | 176 | -233 | -239 | -794 | 73 | 346 |