H & M Hennes & Mauritz AB (publ)

OM:HM B Stock Report

Market Cap: SEK 227.0b

H & M Hennes & Mauritz Future Growth

Future criteria checks 2/6

H & M Hennes & Mauritz is forecast to grow earnings and revenue by 11.8% and 1.6% per annum respectively. EPS is expected to grow by 11.9% per annum. Return on equity is forecast to be 28.9% in 3 years.

Key information

11.8%

Earnings growth rate

11.92%

EPS growth rate

Specialty Retail earnings growth14.9%
Revenue growth rate1.6%
Future return on equity28.94%
Analyst coverage

Good

Last updated21 Aug 2025

Recent future growth updates

Analyst Estimates: Here's What Brokers Think Of H & M Hennes & Mauritz AB (publ) (STO:HM B) After Its Half-Yearly Report

Jun 30
Analyst Estimates: Here's What Brokers Think Of H & M Hennes & Mauritz AB (publ) (STO:HM B) After Its Half-Yearly Report

H & M Hennes & Mauritz AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Mar 30
H & M Hennes & Mauritz AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

H & M Hennes & Mauritz AB (publ) Just Missed EPS By 26%: Here's What Analysts Think Will Happen Next

Sep 29
H & M Hennes & Mauritz AB (publ) Just Missed EPS By 26%: Here's What Analysts Think Will Happen Next

Recent updates

H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Quite Sensibly

Jul 28
H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Quite Sensibly

H & M Hennes & Mauritz's (STO:HM B) Dividend Will Be SEK3.40

Jul 10
H & M Hennes & Mauritz's (STO:HM B) Dividend Will Be SEK3.40

Analyst Estimates: Here's What Brokers Think Of H & M Hennes & Mauritz AB (publ) (STO:HM B) After Its Half-Yearly Report

Jun 30
Analyst Estimates: Here's What Brokers Think Of H & M Hennes & Mauritz AB (publ) (STO:HM B) After Its Half-Yearly Report

H & M Hennes & Mauritz (STO:HM B) Will Pay A Dividend Of SEK3.40

Jun 26
H & M Hennes & Mauritz (STO:HM B) Will Pay A Dividend Of SEK3.40

Is There Now An Opportunity In H & M Hennes & Mauritz AB (publ) (STO:HM B)?

Jun 13
Is There Now An Opportunity In H & M Hennes & Mauritz AB (publ) (STO:HM B)?

Earnings Not Telling The Story For H & M Hennes & Mauritz AB (publ) (STO:HM B)

May 26
Earnings Not Telling The Story For H & M Hennes & Mauritz AB (publ) (STO:HM B)

H & M Hennes & Mauritz (STO:HM B) Is Paying Out A Larger Dividend Than Last Year

May 08
H & M Hennes & Mauritz (STO:HM B) Is Paying Out A Larger Dividend Than Last Year

H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

Apr 10
H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

H & M Hennes & Mauritz's (STO:HM B) Earnings Seem To Be Promising

Apr 05
H & M Hennes & Mauritz's (STO:HM B) Earnings Seem To Be Promising

H & M Hennes & Mauritz AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Mar 30
H & M Hennes & Mauritz AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

Mar 27
H & M Hennes & Mauritz (STO:HM B) Has Announced That It Will Be Increasing Its Dividend To SEK3.40

H & M Hennes & Mauritz (STO:HM B) May Have Issues Allocating Its Capital

Mar 24
H & M Hennes & Mauritz (STO:HM B) May Have Issues Allocating Its Capital

H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Rather Sparingly

Mar 10
H & M Hennes & Mauritz (STO:HM B) Seems To Use Debt Rather Sparingly

H & M Hennes & Mauritz AB (publ) (STO:HM B) Not Flying Under The Radar

Jan 20
H & M Hennes & Mauritz AB (publ) (STO:HM B) Not Flying Under The Radar

H & M Hennes & Mauritz (STO:HM B) Has A Rock Solid Balance Sheet

Dec 04
H & M Hennes & Mauritz (STO:HM B) Has A Rock Solid Balance Sheet

H & M Hennes & Mauritz (STO:HM B) Is Reinvesting At Lower Rates Of Return

Nov 18
H & M Hennes & Mauritz (STO:HM B) Is Reinvesting At Lower Rates Of Return
User avatar

Revamping Digital Experience And Critical Store Placements Propel Brand Growth Forward

Investment in shopping experience, enhancing digital presence, and high-profile marketing boosts brand perception, aiming to drive revenue and market share growth.

H & M Hennes & Mauritz (STO:HM B) Will Pay A Dividend Of SEK3.25

Oct 29
H & M Hennes & Mauritz (STO:HM B) Will Pay A Dividend Of SEK3.25

H & M Hennes & Mauritz (STO:HM B) Is Due To Pay A Dividend Of SEK3.25

Oct 15
H & M Hennes & Mauritz (STO:HM B) Is Due To Pay A Dividend Of SEK3.25

H & M Hennes & Mauritz's (STO:HM B) Solid Earnings Have Been Accounted For Conservatively

Oct 04
H & M Hennes & Mauritz's (STO:HM B) Solid Earnings Have Been Accounted For Conservatively

H & M Hennes & Mauritz AB (publ) Just Missed EPS By 26%: Here's What Analysts Think Will Happen Next

Sep 29
H & M Hennes & Mauritz AB (publ) Just Missed EPS By 26%: Here's What Analysts Think Will Happen Next

Pinning Down H & M Hennes & Mauritz AB (publ)'s (STO:HM B) P/E Is Difficult Right Now

Sep 26
Pinning Down H & M Hennes & Mauritz AB (publ)'s (STO:HM B) P/E Is Difficult Right Now

A Look At The Fair Value Of H & M Hennes & Mauritz AB (publ) (STO:HM B)

Sep 14
A Look At The Fair Value Of H & M Hennes & Mauritz AB (publ) (STO:HM B)

These 4 Measures Indicate That H & M Hennes & Mauritz (STO:HM B) Is Using Debt Safely

Sep 01
These 4 Measures Indicate That H & M Hennes & Mauritz (STO:HM B) Is Using Debt Safely

Earnings and Revenue Growth Forecasts

OM:HM B - Analysts future estimates and past financials data (SEK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
11/30/2027240,58313,68921,19836,31620
11/30/2026235,05912,47120,14235,09123
11/30/2025230,36510,77417,18734,10423
5/31/2025233,2519,87215,86527,918N/A
2/28/2025236,14210,97220,04231,990N/A
11/30/2024234,47811,62120,30831,756N/A
8/31/2024234,93510,21523,56233,989N/A
5/31/2024236,82111,22428,48138,031N/A
2/29/2024234,8329,44324,04932,930N/A
11/30/2023236,0358,74524,98533,949N/A
8/31/2023235,8186,30123,28231,266N/A
5/31/2023232,3713,50417,35324,639N/A
2/28/2023229,2593,89019,38826,107N/A
11/30/2022223,5533,56618,73424,745N/A
8/31/2022217,9339,05121,15825,630N/A
5/31/2022216,06813,21232,65436,991N/A
2/28/2022208,07312,29738,70042,307N/A
11/30/2021198,96711,01041,15544,619N/A
8/31/2021194,7038,87443,63847,115N/A
5/31/2021189,9886,00339,17442,203N/A
2/28/2021172,143-1,75520,59724,999N/A
11/30/2020187,0311,24320,79825,900N/A
8/31/2020196,1762,97020,57527,712N/A
5/31/2020207,8785,00815,00623,803N/A
2/29/2020236,68814,56824,61633,991N/A
11/30/2019232,75513,44318,64628,986N/A
8/31/2019227,47512,77411,87023,636N/A
5/31/2019220,72412,0149,35921,253N/A
2/28/2019215,23412,083N/A21,812N/A
11/30/2018210,40012,652N/A21,287N/A
8/31/2018204,39313,102N/A20,268N/A
5/31/2018199,80113,840N/A19,778N/A
2/28/2018199,20015,099N/A20,533N/A
11/30/2017200,00416,184N/A21,587N/A
8/31/2017202,31718,105N/A22,465N/A
5/31/2017200,07019,088N/A22,151N/A
2/28/2017195,56118,548N/A21,814N/A
11/30/2016192,26718,636N/A23,775N/A
8/31/2016188,24118,248N/A23,803N/A
5/31/2016185,28318,734N/A23,037N/A
2/29/2016184,27619,830N/A23,449N/A
11/30/2015180,86120,898N/A24,067N/A
8/31/2015174,81121,594N/A23,962N/A
5/31/2015167,59221,584N/A25,833N/A
2/28/2015159,55220,940N/A26,425N/A
11/30/2014151,41919,976N/A24,156N/A
8/31/2014145,27019,303N/A26,873N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HM B's forecast earnings growth (11.8% per year) is above the savings rate (1.6%).

Earnings vs Market: HM B's earnings (11.8% per year) are forecast to grow slower than the Swedish market (16.7% per year).

High Growth Earnings: HM B's earnings are forecast to grow, but not significantly.

Revenue vs Market: HM B's revenue (1.6% per year) is forecast to grow slower than the Swedish market (5.2% per year).

High Growth Revenue: HM B's revenue (1.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HM B's Return on Equity is forecast to be high in 3 years time (28.9%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/28 17:18
End of Day Share Price 2025/08/28 00:00
Earnings2025/05/31
Annual Earnings2024/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

H & M Hennes & Mauritz AB (publ) is covered by 78 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
José RitoBanco BPI, S.A.
Carlos Javier Treviño PeinadorBanco Santander