CompanyGraph
Hennes & Mauritz AB
HM.B · Nasdaq Stockholm · Sweden
Price data from its 0HBP listing on LSE
hmgroup.comFinancials as of FY2025
What stands out
- Returns appear driven by leverage
At a glance
- Depends onMidstream position: 6 outgoing, 7 incoming connections
- ScaleMarket cap is $29.95B, higher than 95% of all stocks globally
- PositionReturn on equity is 34.7%, higher than 95% of its Apparel Manufacturing peers (median 5.4%)
- Interpretations2 currently firing — 2
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
3.93%Below 5Y avg (4.91%)
Annual Rate
SEK 7.10Paid semi-annual
Payout Ratio
90.5%High
Payback Period
26.2 yr
Next Ex-Dividend
Nov 4, 2026
The reported statements, read against the company's own industry.
What stands out
- Returns appear driven by leverage
Financials view
Market Capitalization
285.80BSEK29.95B · vs all stocks (USD)
Trailing P/E
22.58xvs Apparel Manufacturing peers
Revenue (TTM)
220.67BSEK23.13B · vs all stocks (USD)
Profit Margin
5.57%vs Apparel Manufacturing peers
Beta
1.01xvs all stocks
52-Week Change
25.38%vs all stocks
Forward Annual Dividend Yield
3.93%vs all stocks
Market Capitalization
285.80BSEK29.95B · vs all stocks (USD)
Enterprise Value
337.60BSEK35.38B · vs all stocks (USD)
Trailing P/E
22.58xvs Apparel Manufacturing peers
Forward P/E
19.62xvs Apparel Manufacturing peers
PEG Ratio
56.00xvs Apparel Manufacturing peers
Price to Sales (TTM)
1.26xvs Apparel Manufacturing peers
Price to Book (MRQ)
8.17xvs Apparel Manufacturing peers
Enterprise to Revenue
1.53xvs Apparel Manufacturing peers
Enterprise to EBITDA
14.05xvs Apparel Manufacturing peers
Gross Margin
56.62%vs Apparel Manufacturing peers
Profit Margin
5.57%vs Apparel Manufacturing peers
Operating Margin
11.00%vs Apparel Manufacturing peers
Return on Assets (TTM)
7.02%vs Apparel Manufacturing peers
Return on Equity (TTM)
34.67%vs Apparel Manufacturing peers
Revenue (TTM)
220.67BSEK23.13B · vs all stocks (USD)
Revenue per Share (TTM)
137.84SEKUpdated Aug 19, 2026Quarterly Revenue Growth
-3.30%vs Apparel Manufacturing peers
Gross Profit (TTM)
119.42BSEK12.52B · vs all stocks (USD)
EBITDA (TTM)
39.48BSEK4.14B · vs all stocks (USD)
Net Income (TTM)
12.30BSEK1.29B · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
0.20%vs Apparel Manufacturing peers
Operating Cash Flow (TTM)
33.01BSEK3.46B · vs all stocks (USD)
Levered Free Cash Flow (TTM)
22.31BSEK2.34B · vs all stocks (USD)
Forward Annual Dividend Rate
7.10SEKUpdated Aug 19, 2026Forward Annual Dividend Yield
3.93%vs all stocks
Trailing Annual Dividend Rate
6.95SEKUpdated Aug 19, 2026Trailing Annual Dividend Yield
3.84%vs all stocks
5-Year Average Dividend Yield
4.91%vs all stocks
Payout Ratio
90.49%vs Apparel Manufacturing peers
Minority Interest (Equity)
26.00MSEKFY2025 · Nov 30, 2025Revenue
228.28BSEKFY2025 · Nov 30, 2025Cost of Goods Sold
106.46BSEKFY2025 · Nov 30, 2025Gross Profit
121.82BSEKFY2025 · Nov 30, 2025Operating Income
18.53BSEK1.94B · vs all stocks (USD)
Pre-tax Income
16.20BSEKFY2025 · Nov 30, 2025Income Tax Expense
4.12BSEKFY2025 · Nov 30, 2025Net Income
12.09BSEKFY2025 · Nov 30, 2025EBIT
18.86BSEKFY2025 · Nov 30, 2025EBITDA (Income Statement)
39.99BSEKFY2025 · Nov 30, 2025Selling, General & Administrative
103.29BSEKFY2025 · Nov 30, 2025Non-operating Interest Income
460.00MSEKFY2025 · Nov 30, 2025Non-operating Interest Expense
2.65BSEKFY2025 · Nov 30, 2025Minority Interests (P&L)
73.00MSEKFY2025 · Nov 30, 2025Preferred Stock Dividends
0.00SEKFY2025 · Nov 30, 2025Operating Cash Flow
13.71BSEKFY2025 · Nov 30, 2025Free Cash Flow
4.46BSEKFY2025 · Nov 30, 2025Cash & Cash Equivalents (End of Period)
20.91BSEKFY2025 · Nov 30, 2025Starting Profit (CF Statement)
16.20BSEKFY2025 · Nov 30, 2025Other Non-cash Items
134.00MSEKFY2025 · Nov 30, 2025Change in Accounts Receivable (CF)
-3.08BSEKFY2025 · Nov 30, 2025Change in Other Assets/Liabilities
451.00MSEKFY2025 · Nov 30, 2025Capital Expenditures
-9.24BSEKFY2025 · Nov 30, 2025Net Intangibles (CF)
-1.44BSEKFY2025 · Nov 30, 2025Net Investing Cash Flow
-9.24BSEKFY2025 · Nov 30, 2025Long-term Debt Issuance
6.95BSEKFY2025 · Nov 30, 2025Long-term Debt Payments
-149.00MSEKFY2025 · Nov 30, 2025Net Short-term Debt Issuance
353.00MSEKFY2025 · Nov 30, 2025Common Stock Repurchase
-254.00MSEKFY2025 · Nov 30, 2025Common Dividends Paid
-10.91BSEKFY2025 · Nov 30, 2025Other Financing Charges
31.00MSEKFY2025 · Nov 30, 2025Net Financing Cash Flow
-3.98BSEKFY2025 · Nov 30, 2025Shares Outstanding
1.60BSharesUpdated Aug 19, 2026Float Shares
465.49MSharesUpdated Aug 19, 2026% Held by Insiders
70.36%vs all stocks
% Held by Institutions
20.05%vs all stocks
Total Cash (MRQ)
18.70BSEK1.96B · vs all stocks (USD)
Total Cash per Share (MRQ)
11.71SEKUpdated Aug 19, 2026Total Debt (MRQ)
76.79BSEK8.05B · vs all stocks (USD)
Total Debt to Equity (MRQ)
2.26xvs Apparel Manufacturing peers
Current Ratio (MRQ)
1.07xvs Apparel Manufacturing peers
Book Value per Share (MRQ)
21.26SEKUpdated Aug 19, 2026Total Assets
170.27BSEK17.84B · vs all stocks (USD)
Total Current Assets
72.50BSEKFY2025 · Nov 30, 2025Total Liabilities
127.33BSEKFY2025 · Nov 30, 2025Total Non-current Assets
97.78BSEKFY2025 · Nov 30, 2025Total Non-current Liabilities
65.72BSEKFY2025 · Nov 30, 2025Total Current Liabilities
61.60BSEKFY2025 · Nov 30, 2025Cash & Cash Equivalents
20.91BSEKFY2025 · Nov 30, 2025Accounts Receivable
6.41BSEKFY2025 · Nov 30, 2025Inventory
35.43BSEKFY2025 · Nov 30, 2025Accounts Payable
20.83BSEKFY2025 · Nov 30, 2025Short-term Debt
14.31BSEKFY2025 · Nov 30, 2025Other Current Liabilities
6.44BSEKFY2025 · Nov 30, 2025Long-term Debt
63.23BSEKFY2025 · Nov 30, 2025Other Non-current Liabilities
148.00MSEKFY2025 · Nov 30, 2025Common Stock (Book)
207.00MSEKFY2025 · Nov 30, 2025Retained Earnings
39.42BSEKFY2025 · Nov 30, 2025Total Shareholders' Equity
42.95BSEK4.50B · vs all stocks (USD)
52-Week Low
136.85SEKUpdated Aug 19, 202652-Week High
194.30SEKUpdated Aug 19, 202652-Week Change
25.38%vs all stocks
Beta
1.01xvs all stocks
50-Day MA
168.73SEKUpdated Aug 19, 2026200-Day MA
174.34SEKUpdated Aug 19, 2026Avg 10-Day Volume
1.49MSharesUpdated Aug 19, 2026Avg 30-Day Volume
1.59MSharesUpdated Aug 19, 2026Diluted EPS (TTM)
7.69SEKUpdated Aug 19, 20262 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Diagnostic
Elevated ROE With High Debt-to-Equity and Equity Multiplier
Return on equity reads high on a balance sheet carrying a lot of debt against that equity.
Reads
Industry-Benchmarked Return on Capital Elevated
It earns more on its assets and its equity than its industry, and gets more sales from those assets.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Return on equity is 34.7%, higher than 95% of its Apparel Manufacturing peers (median 5.4%)Significant
Return on equity: 0.35Industry median: 0.05Industry P95: 0.27Peers compared: 68.00
Debt-to-equity is 2.26×, higher than 95% of its Apparel Manufacturing peers (median 0.25×)Significant
Debt-to-equity: 2.26Industry median: 0.25Industry P95: 1.39Peers compared: 68.00
Price-to-book is 8.17×, higher than 95% of its Apparel Manufacturing peers (median 1.66×)Significant
Price-to-book: 8.17Industry median: 1.66Industry P95: 6.50Peers compared: 68.00
Structural Tensions
Returns appear driven by leverageSignificant
Return on Equity: 0.35Debt-to-Equity: 2.26
High gross margins eroded by operating costsNotable
Gross Margin: 0.57Profit Margin: 0.06
Financial Health
Altman Z-Score 3.45: safe zoneNotable
Altman Z-Score: 3.45
High earnings qualityNotable
Earnings Quality Score: 0.61
Supply Chain
Midstream position: 6 outgoing, 7 incoming connectionsNotable
Outgoing: 6.00Incoming: 7.00
High connectivity hub: 13 industry connectionsNotable
Total Connections: 13.00
Scale
Market cap is $29.95B, higher than 95% of all stocks globallySignificant
Market cap (USD): 29,951,802,592.164Global P95: 25,614,208,870.135
Revenue is $23.13B, higher than 95% of all stocks globallySignificant
Revenue (USD): 23,126,530,339.635Global P95: 14,667,937,174.886
Levered free cash flow is $2.34B, higher than 95% of all stocks globallySignificant
Levered free cash flow (USD): 2,338,323,731.251Global P95: 1,123,592,359.78
Companies that share the same coordination system — how they create, deliver, or capture value.
Novonesis AS
Tier 1ProductionThroughput-Bound ConversionFlowRule
Avary Holding (Shenzhen) Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Haier Smart Home Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowInterface
Haier Smart Home Co Ltd
Tier 1ProductionThroughput-Bound ConversionFlowInterface
Fresenius SE & Co. KGaA
Tier 1ProductionThroughput-Bound ConversionFlowRule
Halliburton Company
Tier 1ProductionThroughput-Bound ConversionFlowRule
Yuanjie Semiconductor Technology Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowSenseMaking
Xylem Inc.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Piotech Inc.
Tier 1ProductionThroughput-Bound ConversionSenseMakingFlow
Prysmian S.p.A.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Companies that share active interpretations — structural patterns currently present in both stocks.
The Sherwin-Williams Company
2 interpretationsElevated ROE With High Debt-to-Equity and Equity MultiplierIndustry-Benchmarked Return on Capital Elevated
Aveanna Healthcare Holdings Inc.
2 interpretationsElevated ROE With High Debt-to-Equity and Equity MultiplierIndustry-Benchmarked Return on Capital Elevated
Colgate-Palmolive Company
1 interpretationElevated ROE With High Debt-to-Equity and Equity Multiplier