Hermès stock holds after H1 2026 revenue of EUR 8.16 billion
Published on 08/28/2026 at 17:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hermès International (FR0000125452) stock was quoted at EUR 1,570.50 on August 26, 2026, while first-half 2026 revenue reached EUR 8.16 billion and the recurring operating margin stood at 41 percent.
Profitability stays exceptional
The same recent coverage also pointed to 6.7 percent sales growth at constant exchange rates in Q2 2026, giving investors a current read on top-line momentum and profitability.
That 41 percent recurring operating margin matters because it sits well above the levels usually seen across large European luxury peers. In the same first-half 2026 overview, normalized return on equity was 27.45 percent, adding a second profitability measure that shows the business is still converting sales into earnings with unusual efficiency.
Sales growth still runs
Q2 2026 sales rose 6.7 percent at constant exchange rates, which helped lift first-half 2026 revenue to EUR 8.16 billion. That combination gives Hermès a quantified growth story without leaning on vague optimism.
The company also listed 105,569,412 shares outstanding and a 2025 market capitalization of EUR 224.02 billion. The share count and market value frame the scale behind a business that still trades at a premium to most European peers.
Dividend and ownership
The 2025 ordinary dividend was EUR 18.00 per share, including a EUR 5.00 interim payment and a EUR 13.00 balance paid on April 23, 2026. Hermès also said the family-controlled structure remains in place through Émile Hermès SAS and H51.
Leather goods remain central
Leather goods remain the flagship product line, and they are central to the company's ability to support a 41 percent recurring operating margin in H1 2026. The product mix still underpins the group's pricing power and helps explain why profitability has stayed so high even as the stock price has moved unevenly.
Price and valuation context
On the latest trading snapshot cited in recent coverage, the tradegate quote of EUR 1,570.50 came with a 0.35 percent daily gain and a 26.25 percent year-to-date decline. That leaves Hermès stock with a clear numerical split between recent price softness and still-strong earnings quality.
Hermès International trades on Euronext Paris under RMS, and its finance site listed a 2025 market capitalization of EUR 224.02 billion. The company paid an ordinary dividend of EUR 18.00 per share for fiscal 2025, a second concrete marker of the cash generation behind the luxury group.
Fact box
Company: Hermès International S.A.
ISIN: FR0000125452
Ticker: RMS
Exchange: Euronext Paris
Sector / Industry: Luxury goods
Index membership: CAC 40
Market cap: EUR 224.02 billion (as of December 31, 2025)
