H & M Hennes & Mauritz AB (publ) (HM-B) — Cash Flow Quality Index
H & M Hennes & Mauritz AB (publ) (HM-B) has a Cash Flow Quality Index of 2.66x as of May 2026. Operating cash flow of Skr10.59 Billion exceeds net income of Skr3.99 Billion, indicating high earnings quality where cash backs reported profits. Explore HM-B operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
H & M Hennes & Mauritz AB (publ) Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for H & M Hennes & Mauritz AB (publ) across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see HM-B cash flow metrics.
Annual Cash Flow Quality Index for H & M Hennes & Mauritz AB (publ) (2004–2025)
Year-by-year earnings quality comparison for H & M Hennes & Mauritz AB (publ).
| Year | Quality Index | Operating CF (SEK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.56x | Skr31.12 Billion | Skr12.16 Billion | ▲ +24.5% |
| 2024 | 2.06x | Skr31.76 Billion | Skr15.44 Billion | ▼ -47.0% |
| 2023 | 3.88x | Skr33.95 Billion | Skr8.75 Billion | ▼ -1.5% |
| 2022 | 3.94x | Skr24.48 Billion | Skr6.22 Billion | ▲ +26.2% |
| 2021 | 3.12x | Skr44.62 Billion | Skr14.30 Billion | ▼ -75.3% |
| 2020 | 12.62x | Skr25.90 Billion | Skr2.05 Billion | ▲ +657.3% |
| 2019 | 1.67x | Skr28.99 Billion | Skr17.39 Billion | ▲ +22.4% |
| 2018 | 1.36x | Skr21.29 Billion | Skr15.64 Billion | ▲ +31.2% |
| 2017 | 1.04x | Skr21.59 Billion | Skr20.81 Billion | ▲ +4.9% |
| 2016 | 0.99x | Skr23.77 Billion | Skr24.04 Billion | ▲ +11.9% |
| 2015 | 0.88x | Skr24.07 Billion | Skr27.24 Billion | ▼ -5.3% |
| 2014 | 0.93x | Skr24.16 Billion | Skr25.89 Billion | ▼ -11.9% |
| 2013 | 1.06x | Skr23.84 Billion | Skr22.53 Billion | ▲ +24.8% |
| 2012 | 0.85x | Skr18.90 Billion | Skr22.29 Billion | ▲ +2.0% |
| 2011 | 0.83x | Skr17.42 Billion | Skr20.94 Billion | ▼ -4.7% |
| 2010 | 0.87x | Skr21.84 Billion | Skr25.01 Billion | ▲ +7.4% |
| 2009 | 0.81x | Skr17.97 Billion | Skr22.10 Billion | ▼ -4.1% |
| 2008 | 0.85x | Skr17.97 Billion | Skr21.19 Billion | ▲ +5.7% |
| 2007 | 0.80x | Skr15.38 Billion | Skr19.17 Billion | ▲ +5.2% |
| 2006 | 0.76x | Skr12.05 Billion | Skr15.81 Billion | ▼ -30.4% |
| 2005 | 1.10x | Skr10.13 Billion | Skr9.25 Billion | ▲ +40.8% |
| 2004 | 0.78x | Skr8.57 Billion | Skr11.01 Billion | — |