H & M Hennes & Mauritz AB (publ) (STO:HM.B)

H & M Hennes & Mauritz AB Financials Overview

Financials in millions SEK. Fiscal year is December - November.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Revenue Revenue Growth	220,845	228,285	234,478	236,035	223,553	198,967
Revenue Growth	-4.50%	-2.64%	-0.66%	5.58%	12.36%	6.38%
Gross Profit Gross Profit Growth	120,172	121,821	125,299	120,896	113,370	105,006
Operating Income Operating Income Growth	19,855	18,529	17,384	13,566	7,438	15,255
Net Income Net Income Growth	13,195	12,158	11,621	8,745	3,566	11,010
Earnings Per Share EPS Growth	8.25	7.58	7.21	5.37	2.16	6.65
EPS Growth	22.88%	5.12%	34.32%	148.36%	-67.51%	785.76%

Revenue by Geography

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Asia and Oceania Asia and Oceania Growth	24,818	26,493	28,619	29,941	29,385	26,304
Europe and Africa Europe and Africa Growth	149,379	152,794	154,060	152,308	143,180	132,434
North and South America North and South America Growth	46,476	48,998	51,799	53,786	50,988	40,229
Revenue (Total) Revenue (Total) Growth	220,673	228,285	234,478	236,035	223,553	198,967

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Cash & Investments Cash & Investments Growth	26,507	20,908	17,340	26,398	21,707	27,471
Total Debt Total Debt Growth	79,376	77,547	76,954	77,970	72,635	66,691
Net Cash (Debt) Net Cash Growth	-52,869	-56,639	-59,614	-51,572	-50,928	-39,220
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-33.07	-35.31	-36.99	-31.66	-30.87	-23.70

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Operating Cash Flow Operating Cash Flow Growth	34,930	31,120	31,756	33,949	24,745	44,619
Capital Expenditures CapEx Growth	-7,875	-9,240	-10,060	-7,986	-4,527	-2,727
Free Cash Flow Free Cash Flow Growth	27,055	21,880	21,696	25,963	20,218	41,892
Free Cash Flow Growth	39.25%	0.85%	-16.43%	28.42%	-51.74%	87.91%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Gross Margin	54.41%	53.36%	53.44%	51.22%	50.71%	52.78%
Operating Margin	8.99%	8.12%	7.41%	5.75%	3.33%	7.67%
Pretax Margin	7.93%	7.10%	6.59%	5.51%	2.78%	7.19%
Profit Margin	5.97%	5.33%	4.96%	3.71%	1.59%	5.53%
FCF Margin	12.25%	9.59%	9.25%	11.00%	9.04%	21.05%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 2, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Dividend Per Share Dividend Per Share Growth	7.100	7.100	6.800	6.500	6.500	6.500
Dividend Per Share Growth	4.41%	4.41%	4.61%	0%	0%	-
Dividend Yield	3.99%	4.14%	4.50%	3.87%	5.57%	4.06%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 2, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
PE Ratio	21.57	22.59	20.88	31.16	53.31	24.05
Forward PE	21.92	20.56	16.58	20.87	21.31	17.62
P/FCF Ratio	10.50	12.55	11.19	10.50	9.40	6.32
PS Ratio	1.29	1.20	1.03	1.16	0.85	1.33

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Sep 24, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

Data Sources Report a data error