H&M stock: H&M reported profit up 23.00 percent. H&M stock gains 1.78 percent

Published on 10/19/2026 at 16:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales reached SEK 57.19 billion in the third quarter of 2026. H&M stock costs EUR 15.45 on October 19, 2026, up 1.78 percent versus the Xetra close.

Operating results and valuation

On September 24, 2026, H&M reported third-quarter operating profit of SEK 6,037 million, up from SEK 4,914 million.
Nine-month sales reached SEK 161,624 million, compared with SEK 169,064 million in the prior-year period.
H&M stock costs EUR 15.45 at Lang & Schwarz on October 19, 2026 at 4:13 p.m. CEST, 1.78 percent above the Xetra close of October 16, 2026.
H&M had a market capitalization of EUR 24.6 billion and a price-to-earnings ratio of 20.62 on October 19, 2026.

H & M Hennes & Mauritz AB, SE0000106270, Illustration mit AI erstellt.

H&M (SE0000106270) reported third-quarter operating profit of SEK 6,037 million on September 24, 2026, up from SEK 4,914 million a year earlier. The result improved despite only 1 percent local-currency sales growth, while H&M stock was trading at EUR 15.45 at Lang & Schwarz on October 19, 2026 at 4:13 p.m. CEST, up 1.78 percent versus the Xetra close of October 16, 2026 at EUR 15.18.

Profit gains include a one-time effect

According to H&M Group, third-quarter net sales reached SEK 57,189 million, compared with SEK 57,017 million in the prior-year quarter. Operating margin rose to 10.6 percent from 8.6 percent, but the company said one-time effects related to tariffs and goods imports added approximately 1.6 percentage points to the quarter's margin.

The nine-month picture was more mixed. Net sales from December 1, 2025, to August 31, 2026, fell to SEK 161,624 million from SEK 169,064 million, while operating profit increased to SEK 13,462 million from SEK 12,031 million. The operating margin therefore improved to 8.3 percent from 7.1 percent in the same period.

The quote remains below its high

As of October 19, 2026, H&M's 52-week range was EUR 13.70 to EUR 18.28. The Lang & Schwarz quote stood 15.48 percent below the high and 12.77 percent above the low. H&M is listed on Nasdaq Stockholm, according to H&M Group.

Valuation and peer moves

H&M had a market capitalization of EUR 24.6 billion and a price-to-earnings ratio of 20.62 on October 19, 2026. The figures put the company between the two large fashion peers shown below on valuation, while the latest report leaves margin quality as the central operating measure.

Comparison with peers

H&M: plus 1.78 percent, price-to-earnings ratio 20.62, market capitalization EUR 24.6 billion

Inditex (BME, EUR): minus 1.32 percent, price-to-earnings ratio 26.89, market capitalization EUR 171.7 billion

Fast Retailing (TSE, JPY): minus 2.29 percent, price-to-earnings ratio 41.81, market capitalization JPY 22.7 trillion

Trading context

The October 19, 2026 move places H&M above its Xetra base while the stock remains well below its annual high. The next market test is whether improved operating profit can persist when the one-time tariff and import effects are excluded.

H&M stock was trading at EUR 15.45 at Lang & Schwarz on October 19, 2026 at 4:13 p.m. CEST, 1.78 percent above the Xetra close of October 16, 2026 at EUR 15.18. The further course of trading is shown by the continuously updated real-time quote of H&M stock.