H & M Hennes & Mauritz AB (publ) (HM-B) — Capital Reinvestment Ratio
H & M Hennes & Mauritz AB (publ) (HM-B) has a Capital Reinvestment Ratio of 0.43x as of February 2026, meaning it reinvests 0% of its operating cash flow (Skr4.03 Billion) in capital expenditures (Skr1.72 Billion). See H & M Hennes & Mauritz AB (publ) free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
H & M Hennes & Mauritz AB (publ) Capital Reinvestment Ratio (2004–2025)
This chart tracks H & M Hennes & Mauritz AB (publ)'s Capital Reinvestment Ratio across 22 annual periods.
Annual Capital Reinvestment Ratio for H & M Hennes & Mauritz AB (publ) (2004–2025)
Year-by-year Capital Reinvestment Ratio for H & M Hennes & Mauritz AB (publ) from 2004 to 2025. For live market cap and broader valuation context, see H & M Hennes & Mauritz AB (publ) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (SEK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.30x | Skr31.12 Billion | Skr9.24 Billion | ▼ -17.6% |
| 2024 | 0.36x | Skr31.76 Billion | Skr11.45 Billion | ▲ +36.5% |
| 2023 | 0.26x | Skr33.95 Billion | Skr8.96 Billion | ▲ +7.5% |
| 2022 | 0.25x | Skr24.48 Billion | Skr6.01 Billion | ▲ +216.3% |
| 2021 | 0.08x | Skr44.62 Billion | Skr3.46 Billion | ▼ -60.6% |
| 2020 | 0.20x | Skr25.90 Billion | Skr5.10 Billion | ▼ -44.8% |
| 2019 | 0.36x | Skr28.99 Billion | Skr10.34 Billion | ▼ -40.8% |
| 2018 | 0.60x | Skr21.29 Billion | Skr12.83 Billion | ▲ +4.3% |
| 2017 | 0.58x | Skr21.59 Billion | Skr12.47 Billion | ▲ +2.9% |
| 2016 | 0.56x | Skr23.77 Billion | Skr13.35 Billion | ▲ +12.0% |
| 2015 | 0.50x | Skr24.07 Billion | Skr12.06 Billion | ▲ +28.9% |
| 2014 | 0.39x | Skr24.16 Billion | Skr9.39 Billion | ▲ +15.5% |
| 2013 | 0.34x | Skr23.84 Billion | Skr8.03 Billion | ▼ -6.8% |
| 2012 | 0.36x | Skr18.90 Billion | Skr6.83 Billion | ▲ +23.3% |
| 2011 | 0.29x | Skr17.42 Billion | Skr5.10 Billion | ▲ +29.0% |
| 2010 | 0.23x | Skr21.84 Billion | Skr4.96 Billion | ▼ -28.2% |
| 2009 | 0.32x | Skr17.97 Billion | Skr5.69 Billion | ▲ +19.7% |
| 2008 | 0.26x | Skr17.97 Billion | Skr4.75 Billion | ▲ +12.6% |
| 2007 | 0.23x | Skr15.38 Billion | Skr3.61 Billion | ▲ +42.2% |
| 2006 | 0.16x | Skr12.05 Billion | Skr1.99 Billion | ▼ -31.3% |
| 2005 | 0.24x | Skr10.13 Billion | Skr2.43 Billion | ▲ +29.1% |
| 2004 | 0.19x | Skr8.57 Billion | Skr1.59 Billion | — |