1. Sweden Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
H & M Hennes & Mauritz AB (publ)

H & M Hennes & Mauritz AB (publ)

HMRZF
H & M Hennes & Mauritz AB (publ)US flagOther OTC
16.80
USD
- -
- -
26.82BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
77.68
91.49
109.28
116.17
120.84
127.12
140.63
113
120.22
135.5
144.89
145.49
142.32
142.32
Basic EPS, GAAP
10.33
12.07
12.63
11.26
9.78
7.64
8.12
0.75
6.65
2.16
5.37
7.21
7.58
7.58
Free Cash Flow per Basic Share
9.55
8.92
7.26
6.3
5.51
5.11
11.27
12.57
24.87
11.35
15.34
12.6
12.74
12.74
Dividend per Share
9.5
9.5
9.75
9.75
9.75
9.75
9.75
- -
6.5
6.48
6.49
6.49
6.8
3.4
Book Value per Share
28.5
31.03
33.92
35.4
35.47
33.37
31.71
32.41
34.85
27.22
25.31
24.63
24.7
24.7
Tangible Book Value per Share
25.96
29.36
32.59
33.77
31.82
29.56
27.56
26.7
30.49
25.22
23.19
23.26
21.94
21.94
Basic Weighted Avg Shares
1,655
1,655
1,655
1,655
1,655
1,655
1,655
1,655
1,655
1,650
1,629
1,612
1,604
1,604
Sales/Revenue/Turnover
128,562
151,419
180,861
192,267
200,004
210,400
232,755
187,031
198,967
223,553
236,035
234,478
228,285
228,285
Operating Margin (%)
17.18
16.9
14.9
12.39
10.28
7.36
7.45
1.66
7.67
3.33
5.75
7.41
8.12
8.22
Depreciation Expense
4,191
5,045
6,399
7,605
8,488
9,671
11,051
25,953
22,320
22,579
22,955
22,252
21,140
21,140
Net Income, GAAP
17,093
19,976
20,898
18,636
16,184
12,652
13,443
1,243
11,010
3,566
8,745
11,621
12,158
12,158
Effective Tax Rate (%)
23.86
22.86
23.29
22.48
22.23
19.1
22.7
39.42
23.01
42.63
33.01
24.99
25.41
25.41
Profit Margin (%)
13.3
13.19
11.55
9.69
8.09
6.01
5.78
0.66
5.53
1.6
3.7
4.96
5.33
5.33
Working Capital
21,791
22,438
22,599
18,958
15,023
17,357
14,436
9,101
17,989
11,188
12,602
9,077
10,892
10,892
LT Debt
- -
- -
- -
213
350
10,492
10,647
58,891
54,557
58,925
62,813
64,478
63,233
63,233
Total Equity
45,248
51,556
58,049
61,236
59,713
58,546
57,069
54,623
60,018
50,757
47,510
46,211
42,947
42,947
Return on Invested Capital (%)
37.43
39.97
37.32
30.26
23.72
16.67
17.08
1.76
8.88
3.37
7.21
10.34
11.16
12.5
Return on Capital (%)
36.81
40.58
38.9
31.85
24.98
17.75
18.87
1.99
9.22
3.48
8.62
11.63
12.15
14.53
Return on Common Equity (%)
36.8
40.55
38.88
32.49
27.6
22.21
24.96
2.34
19.78
6.95
20.31
28.72
30.66
61.37

Capital Structure

FRC

•

in mil. unless spec.
May'25
Aug'25
Nov'25
ST Debt
11,815
11,820
14,314
LT Borrowings
- -
- -
18,330
LT Finance Leases
44,599
45,447
44,903
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,604
1,603
1,602
Market Capitalization
239,957
215,711
296,761

Working Capital

FRC

•

in mil. unless spec.
May'25
Aug'25
Nov'25
Total Current Assets
72,459
74,675
72,495
Cash, Cash Equivalents & STI
16,262
20,363
20,908
Accounts Receivable, Net
17,380
16,374
6,411
Inventories
38,817
37,938
35,427
Total Current Liabilities
72,739
71,334
61,603
Payables & Accruals
- -
- -
- -
ST Debt
11,815
11,820
14,314
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.75%
-4.35%
-7.06%
Free Cash Flow
15.77%
11.74%
0.65%
Net Income, GAAP
77.06%
180.18%
4.62%
Sales/Revenue/Turnover
2.75%
4.2%
-2.64%
Total Cash Common Dividend
- -
-6.37%
4.3%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
54,872
57,616
60,897
62,650
236,035
2024
53,669
59,605
59,011
62,193
234,478
2025
55,333
56,714
57,017
59,221
228,285

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.33
2.02
2.04
0.97
5.37
2024
0.77
3.15
1.44
1.86
7.21
2025
0.37
2.48
2.01
2.72
7.58

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
3.25
6.49
2024
- -
- -
- -
3.25
6.49
2025
- -
- -
- -
3.4
6.8

Company Description

APIChat
CEO
Daniel Erver
Full Time Employees
140,000
Sector
Consumer Cyclical
Industry
Apparel - Manufacturers
Address
MAester Samuelsgatan 46A Stockholm Sweden 106 38
IPO Date
Feb 13, 2009
Website
hmgroup.com
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Business
H & M Hennes & Mauritz AB (publ) is a Swedish multinational fast-fashion retailer that designs, manufactures, markets, and sells clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, teenagers, children, and infants; it operates through a portfolio of brands including H&M, COS, Monki, Weekday (incorporating relaunched Cheap Monday), & Other Stories, ARKET, H&M HOME, and Sellpy, with sales channels encompassing over 4,000 physical stores in more than 79 markets and online platforms in 60 markets worldwide. Founded in 1947 and headquartered in Stockholm, Sweden, the company serves mass-market consumers seeking affordable, trend-driven fashion and sustainable design options across Europe, North America, Asia, the Middle East, Africa, South America, and Australia. It emphasizes supply chain improvements, nearshoring, RFID technology adoption, and sustainability initiatives, including a target to reduce scope 3 greenhouse gas emissions by 56 percent by 2030. In recent developments, H&M Group issued an inaugural EUR 500 million green bond in 2023 to finance circularity and climate efforts, followed by a new SEK 500 million eight-year bond in 2025 demonstrating strong investor confidence; it raised stakes in second-hand platform Sellpy, formed joint venture Looper Textile Co. with Remondis in 2023 for textile recycling, and launched H&M Move sports brand in 2022 alongside All in Equestrian in 2023. During 2024, Daniel Ervér succeeded Helena Helmersson as CEO while retaining leadership of the H&M brand, the company discontinued Afound and plans to integrate Monki into Weekday in 2025, relaunched Cheap Monday under Weekday, celebrated 20 years of designer collaborations, and announced its first store opening in Brazil by late 2025; these changes support enhanced product relevance, particularly in womenswear, improved gross margins to 53.4 percent for fiscal 2024, and operating profit growth to SEK 17.3 billion. The group continues share buybacks, maintains CapEx at SEK 11-12 billion for 2025 focused on stores and supply chain, and reports preliminary 23 percent scope 3 emissions reductions versus 2019 baseline.