Hermès International
€1,299.50Change from previous close: −0.15%Absolute change: −€2.00
At a glance
- Revenue growth
- +5.48%
- 2025 vs 2024
- Net income growth
- −1.72%
- 2025 vs 2024
- Net margin
- 28.3%
- 2024: 30.3%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 5,374 | 5,139 | 4,328 | 4,184 | 3,405 |
| Depreciation and amortization | 696 | 660 | 577 | 532 | 484 |
| Capital expenditure | -708 | -1,067 | -578 | -414 | -403 |
| Investing cash flow | -1,276 | -1,195 | -995 | -579 | -669 |
| Financing cash flow | -3,136 | -3,046 | -1,794 | -1,237 | -869 |
| Dividends paid | -1,705 | -1,595 | -1,376 | -844 | -485 |
| Share repurchases | -8.0 | -37.0 | -130 | -123 | -158 |
| Debt issued | 8.0 | 0.0 | 0.0 | 0.0 | — |
| Debt repaid | -9.0 | -1.0 | -1.0 | 0.0 | — |
| Effect of exchange rates | -364 | 119 | -138 | 159 | 110 |
| Net change in cash | 597 | 1,017 | 1,402 | 2,528 | 1,978 |
| Free cash flow | 4,666 | 4,072 | 3,750 | 3,770 | 3,002 |
| Levered free cash flow | 4,040 | 3,685 | 3,065 | 3,092 | 2,859 |
