H & M Hennes & Mauritz AB (publ) (HM-B) - Cash Flow Conversion Efficiency

Latest as of February 2026: 0.097x

Based on the latest financial reports, H & M Hennes & Mauritz AB (publ) (HM-B) has a cash flow conversion efficiency ratio of 0.097x as of February 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Skr4.03 Billion ≈ $433.15 Million USD) by net assets (Skr41.42 Billion ≈ $4.46 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HM-B cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

H & M Hennes & Mauritz AB (publ) - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how H & M Hennes & Mauritz AB (publ)'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

H & M Hennes & Mauritz AB (publ) Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of H & M Hennes & Mauritz AB (publ) ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Vestas Wind Systems A/S F:VWSA	-0.074x
PPG Industries Inc NYSE:PPG	-0.193x
Veolia Environnement S.A F:VVDH	0.060x
Airports Of Thailand PCL BK:AOT	0.071x
SAMPO OYJ (SDR)/1 F:SMP	0.002x
Equity Residential NYSE:EQR	0.036x
Naturgy Energy Group SA MC:NTGY	0.136x
Hua Hong Semiconductor Limited F:1HH	0.021x

Annual Cash Flow Conversion Efficiency for H & M Hennes & Mauritz AB (publ) (2004–2025)

The table below shows the annual cash flow conversion efficiency of H & M Hennes & Mauritz AB (publ) from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see H & M Hennes & Mauritz AB (publ) (HM-B) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-11-30	Skr42.95 Billion ≈ $4.62 Billion	Skr31.12 Billion ≈ $3.35 Billion	0.725x	+5.45%
2024-11-30	Skr46.21 Billion ≈ $4.97 Billion	Skr31.76 Billion ≈ $3.42 Billion	0.687x	-3.65%
2023-11-30	Skr47.60 Billion ≈ $5.12 Billion	Skr33.95 Billion ≈ $3.65 Billion	0.713x	+47.90%
2022-11-30	Skr50.76 Billion ≈ $5.46 Billion	Skr24.48 Billion ≈ $2.63 Billion	0.482x	-35.14%
2021-11-30	Skr60.02 Billion ≈ $6.46 Billion	Skr44.62 Billion ≈ $4.80 Billion	0.743x	+56.79%
2020-11-30	Skr54.62 Billion ≈ $5.88 Billion	Skr25.90 Billion ≈ $2.79 Billion	0.474x	-6.65%
2019-11-30	Skr57.07 Billion ≈ $6.14 Billion	Skr28.99 Billion ≈ $3.12 Billion	0.508x	+39.69%
2018-11-30	Skr58.55 Billion ≈ $6.30 Billion	Skr21.29 Billion ≈ $2.29 Billion	0.364x	+0.58%
2017-11-30	Skr59.71 Billion ≈ $6.43 Billion	Skr21.59 Billion ≈ $2.32 Billion	0.362x	-6.89%
2016-11-30	Skr61.24 Billion ≈ $6.59 Billion	Skr23.77 Billion ≈ $2.56 Billion	0.388x	-6.35%
2015-11-30	Skr58.05 Billion ≈ $6.25 Billion	Skr24.07 Billion ≈ $2.59 Billion	0.415x	-11.51%
2014-11-30	Skr51.56 Billion ≈ $5.55 Billion	Skr24.16 Billion ≈ $2.60 Billion	0.469x	-11.07%
2013-11-30	Skr45.25 Billion ≈ $4.87 Billion	Skr23.84 Billion ≈ $2.57 Billion	0.527x	+22.20%
2012-11-30	Skr43.84 Billion ≈ $4.72 Billion	Skr18.90 Billion ≈ $2.03 Billion	0.431x	+9.16%
2011-11-30	Skr44.10 Billion ≈ $4.75 Billion	Skr17.42 Billion ≈ $1.87 Billion	0.395x	-20.11%
2010-11-30	Skr44.17 Billion ≈ $4.75 Billion	Skr21.84 Billion ≈ $2.35 Billion	0.494x	+11.71%
2009-11-30	Skr40.61 Billion ≈ $4.37 Billion	Skr17.97 Billion ≈ $1.93 Billion	0.443x	-8.98%
2008-11-30	Skr36.95 Billion ≈ $3.98 Billion	Skr17.97 Billion ≈ $1.93 Billion	0.486x	+1.45%
2007-11-30	Skr32.09 Billion ≈ $3.45 Billion	Skr15.38 Billion ≈ $1.66 Billion	0.479x	+10.44%
2006-11-30	Skr27.78 Billion ≈ $2.99 Billion	Skr12.05 Billion ≈ $1.30 Billion	0.434x	+11.00%
2005-11-30	Skr25.92 Billion ≈ $2.79 Billion	Skr10.13 Billion ≈ $1.09 Billion	0.391x	+1.33%
2004-11-30	Skr22.21 Billion ≈ $2.39 Billion	Skr8.57 Billion ≈ $922.09 Million	0.386x	--

About H & M Hennes & Mauritz AB (publ)

ST:HM-B Sweden Apparel Manufacturing

Market Cap

$24.95 Billion

Skr231.84 Billion SEK

Market Cap Rank

#1058 Global

#15 in Sweden

Share Price

Skr165.20

Change (1 day)

+0.70%

52-Week Range

Skr125.20 - Skr194.25

All Time High

Skr231.85