H & M Hennes & Mauritz ABCHIX:HMBS 75 Net Margin % is 1.46% as of Feb. 2026, which is 73% below its 10-year median of 5.43. GuruFocus rates CHIX:HMBS with a GF Score™ of 75/100 and a GF Value™ of kr154.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, H & M Hennes & Mauritz AB ranks better than 67.02% on this metric.
The historical rank and industry rank for H & M Hennes & Mauritz AB's Net Margin % or its related term are showing as below:
CHIX:HMBs'
s Net Margin % Range Over the Past 10 Years
Min: 0.66 Med: 5.43 Max: 9.69
Current: 5.52
CHIX:HMBs's Net Margin % is ranked better than 67.02% of 1043
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.6
vs CHIX:HMBs: 5.52
H & M Hennes & Mauritz AB (CHIX:HMBs) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
H & M Hennes & Mauritz AB Net Margin % Related Terms
H & M Hennes & Mauritz AB Net Margin % Historical Data
* 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.
CHIX:HMBS vs RL, LEVI, VFC: Net Margin % Comparison
For the Apparel Manufacturing subindustry, H & M Hennes & Mauritz AB's Net Margin %, along with its competitors' market caps and Net 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.
H & M Hennes & Mauritz AB Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, H & M Hennes & Mauritz AB's Net Margin % distribution charts can be found below:
* The bar in red indicates where H & M Hennes & Mauritz AB's Net Margin % falls into.
* 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.
H & M Hennes & Mauritz AB (CHIX:HMBS) has a Net Margin % of 1.46% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on H & M Hennes & Mauritz AB and its competitors. This is 73% below median its historical median of 5.43. Over the past decade, H & M Hennes & Mauritz AB's Net Margin % has ranged from 0.66 to 9.69. According to the industry distribution chart, H & M Hennes & Mauritz AB ranks #344 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33%.
Is H & M Hennes & Mauritz AB's Net Margin % too high?
H & M Hennes & Mauritz AB's current Net Margin % of 1.46% is 73% below median its 10-year median of 5.43. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 9.69. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.60. H & M Hennes & Mauritz AB's value of 1.46% is 43.8% below this industry median. Based on the distribution chart, H & M Hennes & Mauritz AB ranks #344 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, H & M Hennes & Mauritz AB has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H & M Hennes & Mauritz AB's Net Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, H & M Hennes & Mauritz AB ranks #344 out of 1043 companies for Net Margin %. This puts H & M Hennes & Mauritz AB in the upper half of its industry. The industry median Net Margin % is 2.60. H & M Hennes & Mauritz AB's value of 1.46% is 43.8% below this benchmark. Historically, H & M Hennes & Mauritz AB's own Net Margin % has ranged from 0.66 to 9.69 over the past decade. While the company's 10-year median is 5.43 vs. the industry median of 2.60, H & M Hennes & Mauritz AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.60, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H & M Hennes & Mauritz AB's current Net Margin % of 1.46% is 43.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on H & M Hennes & Mauritz AB and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H & M Hennes & Mauritz AB's current Net Margin % is 1.46%, which is 73% below median its own 10-year median of 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H & M Hennes & Mauritz AB stock overvalued right now?
Based on GuruFocus' analysis, H & M Hennes & Mauritz AB (CHIX:HMBS) is currently considered Fairly Valued. The stock's GF Value™ is kr154.65, compared to a current price of kr164.48 — trading 6.4% above its estimated fair value. The current Net Margin % is 1.46%, which is 73% below median its 10-year median of 5.43 and 43.8% below the Manufacturing - Apparel & Accessories industry median of 2.60. H & M Hennes & Mauritz AB's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For H & M Hennes & Mauritz AB (CHIX:HMBS), the current Net Margin % is 1.46% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is H & M Hennes & Mauritz AB (CHIX:HMBS) Overvalued in 2026?
Based on GuruFocus' analysis, H & M Hennes & Mauritz AB stock appears to be overvalued.
The current stock price of kr164.48 is trading 6.4% above its estimated GF Value™ of kr154.65.
GuruFocus considers H & M Hennes & Mauritz AB to be Fairly Valued.
Key valuation signals for CHIX:HMBS:
Net Margin %: 1.46% (73% below median its 10-year median of 5.43)
GF Value™: kr154.65 vs. price of kr164.48 (6.4% above fair value)
Industry Position: 43.8% below the Manufacturing - Apparel & Accessories median (#344 of 1043)
No single metric tells the full story. See the CHIX:HMBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The H&M Group is a global multi-brand fashion conglomerate founded in 1947. Its flagship brand, H&M, generates the majority of the group's revenue, while ARKET, COS, and the secondhand platform Sellpy represent key sources of future growth. Geographically, 34% of group revenues are generated in Western Europe, followed by North and South America at 23%, and both Southern Europe and Asia, Oceania, and Africa at 13% each. The Nordic region accounts for approximately 9% of total sales.The company operates 4,101 stores (3,660 attributable to H&M brand) across 81 markets worldwide, the majority of which are leased. Online sales contributed slightly above 30% of total group revenue in financial 2025 .
75GF Score
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