HMRZF (Hennes & Mauritz AB) Gross Margin % : 54.58% (As of Nov. 2024)

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What is Hennes & Mauritz AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hennes & Mauritz AB's Gross Profit for the three months ended in Nov. 2024 was $3,111 Mil. Hennes & Mauritz AB's Revenue for the three months ended in Nov. 2024 was $5,701 Mil. Therefore, Hennes & Mauritz AB's Gross Margin % for the quarter that ended in Nov. 2024 was 54.58%.

The historical rank and industry rank for Hennes & Mauritz AB's Gross Margin % or its related term are showing as below:

HMRZF' s Gross Margin % Range Over the Past 10 Years
Min: 50.02 Med: 52.74 Max: 57.04
Current: 53.44

During the past 13 years, the highest Gross Margin % of Hennes & Mauritz AB was 57.04%. The lowest was 50.02%. And the median was 52.74%.

HMRZF's Gross Margin % is ranked better than
83.79% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.44 vs HMRZF: 53.44

Hennes & Mauritz AB had a gross margin of 54.58% for the quarter that ended in Nov. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hennes & Mauritz AB was 0.30% per year.

Hennes & Mauritz AB Gross Margin % Historical Data

The historical data trend for Hennes & Mauritz AB's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hennes & Mauritz AB Gross Margin % Chart

Hennes & Mauritz AB Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Gross Margin %

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50.02

52.78

50.71

51.22

53.44

Hennes & Mauritz AB Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Gross Margin %	Get a 7-Day Free Trial															53.72	51.53	56.32	51.06	54.58

Competitive Comparison of Hennes & Mauritz AB's Gross Margin %

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hennes & Mauritz AB's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hennes & Mauritz AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hennes & Mauritz AB's Gross Margin % falls into.

Hennes & Mauritz AB Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Hennes & Mauritz AB's Gross Margin for the fiscal year that ended in Nov. 2024 is calculated as

Gross Margin % (A: Nov. 2024 )	=	Gross Profit (A: Nov. 2024 )	/	Revenue (A: Nov. 2024 )
	=	11485.7	/	21493.799
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(21493.799 - 10008.067)	/	21493.799
	=	53.44 %

Hennes & Mauritz AB's Gross Margin for the quarter that ended in Nov. 2024 is calculated as

Gross Margin % (Q: Nov. 2024 )	=	Gross Profit (Q: Nov. 2024 )	/	Revenue (Q: Nov. 2024 )
	=	3111.3	/	5701.02
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5701.02 - 2589.673)	/	5701.02
	=	54.58 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Hennes & Mauritz AB (OTCPK:HMRZF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Hennes & Mauritz AB had a gross margin of 54.58% for the quarter that ended in Nov. 2024 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Hennes & Mauritz AB Gross Margin % Related Terms

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Hennes & Mauritz AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hennes & Mauritz AB (OTCPK:HMRZF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

HNNMY:USA HM B:Sweden HMBs:UK 0HBP:UK HMSB:Germany

Address

Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38

Website

https://www.hmgroup.com

Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Around 65% of revenue is generated in Europe and Africa, 13% in Asia and Oceania, and 23% in North and South America. The company operates around 4,500 stores globally of which 3,947 are H&M-brand stores.