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 0.14x as of May 2026, meaning it reinvests 0% of its operating cash flow (Skr10.59 Billion) in capital expenditures (Skr1.53 Billion). Check H & M Hennes & Mauritz AB (publ) tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For the full cash flow conversion analysis, see HM-B cash flow conversion.
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. See H & M Hennes & Mauritz AB (publ) (HM-B) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |