The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

HM-B.ST

Concerning the House

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, accessories, ready-to-wear, activewear, and jeans; interior products, including bed linens, towels and tablecloths, tableware, furniture, and lighting; and beauty products, such as make-up and fragrance collections. The company provides its products under the H&M, H&M HOME, H&M Move, H&M Beauty, COS, Cheap Monday, Weekday, Monki, & Other Stories, ARKET, and Singular Society brand names. In addition, it operates Sellpy, a broad digital platform for second-hand fashion and other products; Smartex.ai, a platform that detects faults in real time and helps in textile production; Syre, a platform which focuses on scaling textile-to-textile recycling primarily polyester; and A Retro Tale offers selected vintage and secondhand accessories, as well as provides collecting and sorting solutions to extend the useful life of no longer used garments through reuse and recycling under Looper Textile name. Further, the company operates seasonal vegetarian cafés and coffee shops. It offers its products through online and physical stores. H & M Hennes & Mauritz AB (publ) was incorporated in 1943 and is headquartered in Stockholm, Sweden.

Sweden · hmgroup.com

The Ledger
LineFeb 2025May 2025Aug 2025Nov 2025
Revenue$55.33B$56.71B$57.02B$59.22B
Gross profit$27.17B$31.43B$30.14B$33.08B
Operating income$1.30B$6.03B$5.05B$6.39B
Net income$590.00M$3.98B$3.23B$4.36B
Diluted EPS0.372.482.012.72
Free cash flow$2.22B$6.02B$7.23B$4.97B
CapEx-$1.98B-$2.51B-$2.75B-$3.43B
Quotation

$175.60

+1.35 (+0.8%)

52w hi$190.08
52w lo$131.89
Vol1.61M
As ofAug 13
The Verdict

Hold

Our score -0.12

Short-0.05
Medium-0.24
Long-0.04

computed 2026-08-13

By the Numbers

H & M Hennes & Mauritz AB (publ)

Consumer Cyclical · Apparel Manufacturing

Market cap$280.32B
Enterprise value$336.24B
Trailing P/E22.86x
Forward P/E19.84x
EV / EBITDA14.00x
P / S (ttm)1.27x
Profit margin5.6%
Return on equity34.7%
Revenue growth-3.3%
Earnings growth+0.7%
Debt / equity226.36
Risk Metrics
Beta vs SPX0.25
Corr SPX0.17
Annual vol25.4%
Annual ret+8.8%
Sharpe0.35
Max DD-31.6%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.29
Sector+0.01
Technical+0.00
Earnings+0.00
Sentiment+0.01

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$175.00$176.90$174.65$175.601.61M
Aug 12$175.80$176.50$173.60$174.252.43M
Aug 11$179.30$179.60$176.05$176.501.53M
Aug 10$178.75$179.55$177.00$179.551.21M
Aug 7$178.85$179.40$177.60$178.901.20M