Hermes International (HMI) Price & Analysis
HMI Stock Chart & Stats
- Day’s Range
- EUR 1,278.50 - EUR 1,300.00
- 52-Week Range
- EUR 1,228.00 - EUR 2,276.00
- Previous Close
- EUR 1,263.50
- Volume
- 92
- Average Volume (3M)
- 506
- Market Cap
- EUR 135.36B
- Enterprise Value
- EUR 157.77B
- Total Cash (Recent Filing)
- EUR 12.31B
- Total Debt (Recent Filing)
- EUR 2.28B
- Price to Earnings (P/E)
- 30.0
- Beta
- 1.09
- Next Earnings
- Feb 12, 2027
- EPS Estimate
- 22.53
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 1.43%
Bulls Say, Bears Say
Bulls Say
Elite Profitability And Revenue Growth
Hermès combines resilient revenue growth with unusually high operating and gross margins, indicating strong pricing power, brand desirability, and disciplined cost control. This profitability provides substantial capacity to reinvest in stores, workshops, employees, and innovation while preserving earnings resilience.
Exceptional Cash Generation And Balance Sheet
Strong cash conversion and substantial net cash give Hermès financial flexibility to fund capacity expansion, retail growth, dividends, and hiring without relying heavily on external financing. The balance-sheet strength also improves resilience if luxury demand or regional conditions weaken.
Brand Control And Capacity-led Scarcity
Vertical integration, craftsmanship, selective distribution, and controlled capacity reinforce Hermès's differentiation and scarcity-led brand model. Continued workshop expansion can increase output gradually without abandoning quality or pricing discipline, supporting durable customer desirability and long-term growth.
Bears Say
Material Currency And Hedging Headwinds
Currency movements and hedging costs are reducing reported growth and profitability despite healthy underlying demand. Because Hermès sells globally, recurring foreign-exchange exposure can continue to create a gap between constant-currency operating progress and translated results over the coming quarters.
Weakness In Perfume And Travel Retail
Weakness in perfume, beauty, wholesale, and travel retail limits diversification beyond the strongest leather-goods franchise. If underperformance persists, it could restrain group growth, reduce the contribution of accessible luxury categories, and require continued investment to rebuild demand.
Uneven Greater China Demand
Greater China remains an important luxury market, yet demand has stabilized without a strong recovery and is constrained by macroeconomic behavior. Continued uneven spending could limit regional growth and make Hermès more dependent on stronger performance in the Americas, Japan, and Europe.
Hermes International News
HMI FAQ
What was Hermes International’s price range in the past 12 months?
What is Hermes International’s market cap?
When is Hermes International’s upcoming earnings report date?
How were Hermes International’s earnings last quarter?
Is Hermes International overvalued?
Does Hermes International pay dividends?
What is Hermes International’s EPS estimate?
How many shares outstanding does Hermes International have?
What happened to Hermes International’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Hermes International?
What is the TipRanks Smart Score and how is it calculated?
Company Description
Hermes International
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and various equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, internet of things products, and shoes. It also provides silk and textiles for men and women; art of living and tableware products; beauty and perfume products; and watches. In addition, the company is involved in weaving, engraving, printing, dyeing, finishing, and producing textiles; purchasing, tanning, dyeing, finishing, and selling tanneries and precious leathers; and creating and producing of metal parts. It sells its products through a network of stores in France, rest of Europe, Japan, the Asia Pacific, the Americas, and the Middle East, as well as sells watches, perfumes, and tableware through a network of specialized stores. The company was founded in 1837 and is headquartered in Paris, France. Hermès International Société en commandite par actions is a subsidiary of H51 SAS.
- Sector
- Consumercyclical
- Industry
- Luxury Goods
- CEO
- Axel Dumas
- Employees
- 27,107
- Website
- finance.hermes.com
- Address
- 13-15, rue de la Ville l’Évêque, Paris, IF, 75008, FR
Hermes International (HMI) Earnings & Revenues
HMI Company Deck
HMI Earnings Call
Earnings Call SentimentPositive
The call presented a predominantly positive operating and financial performance: resilient top-line growth with Q2 acceleration, an exceptionally high operating margin (41%), strong cash conversion and a robust balance sheet, alongside ongoing investments in production capacity and retail. Key challenges are material: significant FX and hedging headwinds that reduced reported growth (~EUR 360m / -4.5pp), a disappointing perfume/travel retail performance, stabilization but no clear rebound in Greater China demand, geopolitical-related softness in the Middle East, and a higher exceptional tax burden. On balance, operational strength (desirability of product, margin, cash generation, and disciplined investment) outweighs the downside impacts highlighted by management.
View all DE:HMI earnings summariesHMI Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 6 | 10 |
| Technical Analysis | 1 | 6 | 3 |
| Moving Averages | 5 | 0 | 7 |