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Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Around 66% of revenue is generated in Europe and Africa, 12% in Asia and Oceania, and 22% in North and South America. The company operates around 4,200 stores globally of which 3,777 are H&M-branded stores.
1947
97.7K+
LTM Revenue $24.2B
LTM EBITDA $4.1B
$27.5B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
H&M has a last 12-month revenue (LTM) of $24.2B and a last 12-month EBITDA of $4.1B.
In the most recent fiscal year, H&M achieved revenue of $24.2B and an EBITDA of $4.2B.
H&M expects next 12-month revenue of XXX and NTM EBITDA of XXX
See H&M valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $24.2B | XXX | $24.2B | XXX | XXX | XXX |
| Gross Profit | $13.0B | XXX | $12.9B | XXX | XXX | XXX |
| Gross Margin | 54% | XXX | 53% | XXX | XXX | XXX |
| EBITDA | $4.1B | XXX | $4.2B | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 17% | XXX | XXX | XXX |
| EBIT | $1.8B | XXX | $1.8B | XXX | XXX | XXX |
| EBIT Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| Net Profit | $1.2B | XXX | $1.2B | XXX | XXX | XXX |
| Net Margin | 5% | XXX | 5% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of May 30, 2025, H&M's stock price is SEK 137 (or $14).
H&M has current market cap of SEK 220B (or $22.7B), and EV of SEK 267B (or $27.5B).
See H&M trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $27.5B | $22.7B | XXX | XXX | XXX | XXX | $0.74 |
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Start Free TrialAs of May 30, 2025, H&M has market cap of $22.7B and EV of $27.5B.
H&M's trades at 1.1x EV/Revenue multiple, and 6.6x EV/EBITDA.
Equity research analysts estimate H&M's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
H&M has a P/E ratio of 19.0x.
See valuation multiples for H&M and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $22.7B | XXX | $22.7B | XXX | XXX | XXX |
| EV (current) | $27.5B | XXX | $27.5B | XXX | XXX | XXX |
| EV/Revenue | 1.1x | XXX | 1.1x | XXX | XXX | XXX |
| EV/EBITDA | 6.7x | XXX | 6.6x | XXX | XXX | XXX |
| EV/EBIT | 15.5x | XXX | 15.4x | XXX | XXX | XXX |
| EV/Gross Profit | 2.1x | XXX | n/a | XXX | XXX | XXX |
| P/E | 19.0x | XXX | 19.0x | XXX | XXX | XXX |
| EV/FCF | 17.2x | XXX | 13.3x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialH&M's last 12 month revenue growth is 1%
H&M's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
H&M's rule of 40 is 17% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
H&M's rule of X is 20% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for H&M and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | 1% | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Growth | 3% | XXX | 2% | XXX | XXX | XXX |
| Rule of 40 | 17% | XXX | 18% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 20% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 33% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 46% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Brillia Inc | XXX | XXX | XXX | XXX | XXX | XXX |
| Cettire | XXX | XXX | XXX | XXX | XXX | XXX |
| Merino | XXX | XXX | XXX | XXX | XXX | XXX |
| Premier Investments | XXX | XXX | XXX | XXX | XXX | XXX |
| Step One Clothing | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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H&M acquired XXX companies to date.
Last acquisition by H&M was XXXXXXXX, XXXXX XXXXX XXXXXX . H&M acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was H&M founded? | H&M was founded in 1947. |
| Where is H&M headquartered? | H&M is headquartered in Sweden. |
| How many employees does H&M have? | As of today, H&M has 97.7K+ employees. |
| Who is the CEO of H&M? | H&M's CEO is Mr. Daniel Erver. |
| Is H&M publicy listed? | Yes, H&M is a public company listed on STO. |
| What is the stock symbol of H&M? | H&M trades under HM B ticker. |
| When did H&M go public? | H&M went public in 1979. |
| Who are competitors of H&M? | Similar companies to H&M include e.g. Brillia Inc, Cettire, Merino, Premier Investments. |
| What is the current market cap of H&M? | H&M's current market cap is $22.7B |
| What is the current revenue of H&M? | H&M's last 12 months revenue is $24.2B. |
| What is the current revenue growth of H&M? | H&M revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of H&M? | Current revenue multiple of H&M is 1.1x. |
| Is H&M profitable? | Yes, H&M is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of H&M? | H&M's last 12 months EBITDA is $4.1B. |
| What is H&M's EBITDA margin? | H&M's last 12 months EBITDA margin is 17%. |
| What is the current EV/EBITDA multiple of H&M? | Current EBITDA multiple of H&M is 6.7x. |
| What is the current FCF of H&M? | H&M's last 12 months FCF is $1.6B. |
| What is H&M's FCF margin? | H&M's last 12 months FCF margin is 7%. |
| What is the current EV/FCF multiple of H&M? | Current FCF multiple of H&M is 17.2x. |
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