H & M Hennes & Mauritz AB (publ) (HM-B) — Cash Flow Reinvestment Rate

Latest as of February 2026: 0.43x

H & M Hennes & Mauritz AB (publ) (HM-B) has a Cash Flow Reinvestment Rate of 0.43x as of February 2026, reinvesting Skr1.72 Billion (capex Skr1.72 Billion ) from operating cash flow of Skr4.03 Billion. Explore H & M Hennes & Mauritz AB (publ) capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.43x
(Capex + Investments) / Operating CF

Total Reinvested

Skr1.72 Billion
Capex + Investments

Operating Cash Flow

Skr4.03 Billion
SEK

Capital Expenditures

Skr1.72 Billion
SEK

H & M Hennes & Mauritz AB (publ) Cash Flow Reinvestment Rate (2004–2025)

Historical reinvestment intensity for H & M Hennes & Mauritz AB (publ) across 22 annual periods. Also explore H & M Hennes & Mauritz AB (publ) assets under control for the complete picture of this company's asset base.

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

Year-by-year capital reinvestment analysis for H & M Hennes & Mauritz AB (publ). For live market cap and broader valuation context, see HM-B market cap overview.

Year Reinvestment Rate Total Reinvested (SEK) Operating CF Capex YoY Change
2025 0.30x Skr9.30 Billion Skr31.12 Billion Skr9.24 Billion ▼ -58.8%
2024 0.72x Skr23.02 Billion Skr31.76 Billion Skr11.45 Billion ▲ +32.4%
2023 0.55x Skr18.58 Billion Skr33.95 Billion Skr8.96 Billion ▲ +4.5%
2022 0.52x Skr12.82 Billion Skr24.48 Billion Skr6.01 Billion ▲ +473.3%
2021 0.09x Skr4.08 Billion Skr44.62 Billion Skr3.46 Billion ▼ -54.9%
2020 0.20x Skr5.24 Billion Skr25.90 Billion Skr5.10 Billion ▼ -44.3%
2019 0.36x Skr10.53 Billion Skr28.99 Billion Skr10.34 Billion ▼ -41.2%
2018 0.62x Skr13.15 Billion Skr21.29 Billion Skr12.83 Billion ▲ +6.7%
2017 0.58x Skr12.50 Billion Skr21.59 Billion Skr12.47 Billion ▼ -48.7%
2016 1.13x Skr26.84 Billion Skr23.77 Billion Skr13.35 Billion ▲ +87.3%
2015 0.60x Skr14.51 Billion Skr24.07 Billion Skr12.06 Billion ▲ +44.5%
2014 0.42x Skr10.07 Billion Skr24.16 Billion Skr9.39 Billion ▲ +23.9%
2013 0.34x Skr8.03 Billion Skr23.84 Billion Skr8.03 Billion ▼ -6.8%
2012 0.36x Skr6.83 Billion Skr18.90 Billion Skr6.83 Billion ▲ +23.3%
2011 0.29x Skr5.10 Billion Skr17.42 Billion Skr5.10 Billion ▲ +29.0%
2010 0.23x Skr4.96 Billion Skr21.84 Billion Skr4.96 Billion ▼ -28.2%
2009 0.32x Skr5.69 Billion Skr17.97 Billion Skr5.69 Billion ▲ +19.7%
2008 0.26x Skr4.75 Billion Skr17.97 Billion Skr4.75 Billion ▲ +12.6%
2007 0.23x Skr3.61 Billion Skr15.38 Billion Skr3.61 Billion ▲ +42.2%
2006 0.16x Skr1.99 Billion Skr12.05 Billion Skr1.99 Billion ▼ -31.3%
2005 0.24x Skr2.43 Billion Skr10.13 Billion Skr2.43 Billion ▲ +29.1%
2004 0.19x Skr1.59 Billion Skr8.57 Billion Skr1.59 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow