H & M Hennes & Mauritz revenue and financials
kr 161.55Change from previous close: +0.78%Absolute change: +kr 1.25
In the fiscal year ended November 2025, H & M Hennes & Mauritz reported revenue of kr 228.29B (−2.64% year over year). Net income was kr 12.16B, a net margin of 5.3%.
Fiscal year ending in November. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −2.64%
- FY to Nov 2025 vs FY to Nov 2024
- Net income growth
- +4.62%
- FY to Nov 2025 vs FY to Nov 2024
- Net margin
- 5.3%
- FY to Nov 2024: 5.0%
Financial data
Amounts in millions of SEK; per-share values in SEK; shares in millions.
| Item | Q to Aug 2026 | Q to May 2026 | Q to Feb 2026 | Q to Nov 2025 | Q to Aug 2025 | Q to May 2025 | Q to Feb 2025 | Q to Nov 2024 | Q to Aug 2024 | Q to May 2024 | Q to Feb 2024 | Q to Nov 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 11,908 | 10,591 | 4,025 | 8,406 | 9,985 | 8,528 | 4,201 | 6,974 | 8,215 | 12,600 | 3,967 | 9,207 |
| Depreciation and amortization | 4,839 | 4,781 | 4,748 | 2,710 | 5,091 | 5,049 | 5,449 | 3,299 | 5,374 | 5,428 | 5,403 | 3,558 |
| Capital expenditure | -1,631 | -1,532 | -1,720 | -2,992 | -2,405 | -2,172 | -1,671 | -4,011 | -2,573 | -2,182 | -1,294 | -3,187 |
| Investing cash flow | -1,721 | -1,700 | -2,129 | -3,233 | -2,752 | -2,577 | -2,053 | -4,001 | -3,334 | -2,583 | -1,656 | -3,763 |
| Financing cash flow | -2,748 | -8,978 | -3,836 | -4,907 | -3,103 | -5,573 | -2,725 | -9,519 | -5,170 | -6,802 | -7,714 | -3,611 |
| Dividends paid | — | -5,672 | — | -5,451 | 0.0 | -5,455 | — | -5,221 | — | -5,235 | — | -5,280 |
| Share repurchases | -36.0 | -192 | -896 | -105 | -149 | 0.0 | — | -1,001 | — | -117 | -1,810 | -1,075 |
| Debt issued | 63.0 | — | — | 3,836 | 86.0 | 2,876 | 500 | — | — | — | — | 6,312 |
| Debt repaid | -2,878 | -3,114 | -2,940 | -3,190 | -3,064 | -2,998 | -3,225 | -3,321 | -5,170 | -1,450 | -5,904 | -3,568 |
| Effect of exchange rates | 371 | 51.0 | -235 | 279 | -29.0 | -694 | -185 | 188 | -259 | 209 | -173 | -406 |
| Net change in cash | 7,810 | -36.0 | -2,175 | 545 | 4,101 | -316 | -762 | -6,358 | -548 | 3,424 | -5,576 | 1,427 |
| Free cash flow | 10,277 | 9,059 | 2,305 | 5,414 | 7,580 | 6,356 | 2,530 | 2,963 | 5,642 | 10,418 | 2,673 | 6,020 |
| Levered free cash flow | 8,684 | 14,329 | 1,805 | -4,898 | 11,076 | 11,049 | 2,357 | -4,641 | 3,863 | 15,419 | 1,802 | -80.3 |