Herms International Socit en commandite par actions engages in the production, wholesale, and retail of various goods.
Profile & Fundamentals
Hermes International SCA: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Hermes International SCA Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
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.
Company profile record
Hermes International SCA
Common Stock · Consumer Discretionary · Apparel, Accessories & Luxury Goods
Company
- Company / asset
- Hermes International SCA
- Security type
- Common Stock
- Sector
- Consumer Discretionary
- Industry
- Apparel, Accessories & Luxury Goods
- HQ
- 🇫🇷 France
- Head office
- 13-15, rue de la Ville l?Évêque, Paris, France, 75008
Leadership & scale
- Chief executive
- Mr. Axel Olivier Dumas
- CEO year born
- 1970
- Full-time employees
- 27.1K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- EUR 134.6B
- P/E
- 15.0x
- Revenue (Q2 26)
- EUR 8.2B
- Profit (Q2 26)
- EUR 2.2B
- Dividend Yield
- 1.1%
- Revenue (FY 25)
- EUR 16.0B
- Shares in public float
- 34M
- Insider ownership
- 66.98%
Reporting & identifiers
- Symbol
- RMS.PAR
- Listing
- 🇫🇷 France | Dividend Tax: 25%
- Ticker Currency
- EUR
- Income Statement Currency
- EUR
- Balance Sheet Currency
- EUR
- Cash Flow Currency
- EUR
- EPS Currency
- EUR
- Contract Type
- SPOT
- ISIN
- FR0000052292
- Asset ID
- equity_e0fcc553-0791-5581-a0f1-e1a1e5f92964
Ownership
Shares Outstanding
Latest: 105.0M | Max: 105.1M | Min: 104.6M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
32.35%
34.0M latest reported shares
Insider Ownership
66.98%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 104,879,800 |
| 2018-01-01 | 105,055,300 |
| 2019-01-01 | 104,888,500 |
| 2020-01-01 | 104,964,400 |
| 2021-01-01 | 104,644,300 |
| 2022-01-01 | 104,964,400 |
| 2023-01-01 | 104,997,300 |
| 2024-01-01 | 104,985,000 |
| 2025-01-01 | 105,010,000 |
| 2026-01-01 | 105,003,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Hermès delivered sixteen billion euros in revenue for fiscal 2025, reflecting solid five and a half percent growth, while operating income expanded to six point seven billion euros. Results for the first half of 2026 showed eight point sixteen billion euros in sales, with constant-currency revenue advancing six point one percent despite currency translation wiping out more than three hundred sixty million euros from reported figures. Operating cash flow remains extraordinarily strong, converting nearly all net profit into deployable free cash. Reported net profit of two point twenty-four billion euros in early 2026 was weighed down by France's exceptional corporate tax contribution rather than any weakening in underlying customer demand. Core leather goods continue to grow at near double-digit constant-currency rates, demonstrating that true operational profitability remains rock-solid once non-operating tax surcharges and currency fluctuations are set aside.
Hermès delivered sixteen billion euros in revenue for fiscal 2025, reflecting solid five and a half percent growth, while operating income expanded to six point seven billion euros. Results for the first half of 2026 showed eight point sixteen billion euros in sales, with constant-currency revenue advancing six point one percent despite currency translation wiping out more than three hundred sixty million euros from reported figures. Operating cash flow remains extraordinarily strong, converting nearly all net profit into deployable free cash. Reported net profit of two point twenty-four billion euros in early 2026 was weighed down by France's exceptional corporate tax contribution rather than any weakening in underlying customer demand. Core leather goods continue to grow at near double-digit constant-currency rates, demonstrating that true operational profitability remains rock-solid once non-operating tax surcharges and currency fluctuations are set aside.
Revenue, Net Income, and Free Cash Flow
Latest: EUR 16.0B | Max: EUR 16.0B | Min: EUR 1.1B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 45x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Hermès delivers industry-leading profitability, achieving a gross margin of seventy-one point one percent and a recurring operating margin of forty-one point eight percent in 2025. Margins held firmly at forty-one point zero percent in the first half of 2026, defying the steep margin compressions seen across mainstream fashion competitors. This extraordinary stability stems from the company's strict refusal to offer promotional discounts or wholesale markdowns. Regular catalog price increases of five to eight percent fully absorb raw material and artisan wage inflation. By ensuring supply deliberately trails customer demand, Hermès protects unit economics and establishes an unyielding floor for long-term profit margins.
Hermès delivers industry-leading profitability, achieving a gross margin of seventy-one point one percent and a recurring operating margin of forty-one point eight percent in 2025. Margins held firmly at forty-one point zero percent in the first half of 2026, defying the steep margin compressions seen across mainstream fashion competitors. This extraordinary stability stems from the company's strict refusal to offer promotional discounts or wholesale markdowns. Regular catalog price increases of five to eight percent fully absorb raw material and artisan wage inflation. By ensuring supply deliberately trails customer demand, Hermès protects unit economics and establishes an unyielding floor for long-term profit margins.
Profitability Margins
Latest: 71.1% | Max: 72.3% | Min: 21.2%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
71.1%
Gross profit / revenue
Operating Margin
41.8%
Operating income / revenue
Net Margin
28.3%
Net income / revenue
FCF Margin
27.6%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 5,514,332,000 | 1,166,318,000 | 1,361,464,000 |
| 2017-12-31 | 6,603,548,000 | 1,453,585,000 | 1,696,464,000 |
| 2018-12-31 | 6,801,354,000 | 1,602,270,000 | 1,887,156,000 |
| 2019-12-31 | 7,709,408,000 | 1,711,584,000 | 1,802,416,000 |
| 2020-12-31 | 7,795,068,000 | 1,689,700,000 | 1,456,680,000 |
| 2021-12-31 | 10,239,480,000 | 2,787,300,000 | 3,881,700,000 |
| 2022-12-31 | 12,414,140,000 | 3,602,690,000 | 4,476,880,000 |
| 2023-12-31 | 14,769,700,000 | 4,742,100,000 | 4,065,600,000 |
| 2024-12-31 | 15,776,800,000 | 4,787,120,000 | 4,401,280,000 |
| 2025-12-31 | 18,722,340,000 | 5,293,080,000 | 5,165,550,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2022-12-31 | 45.05 | Annual net income |
| 2021-12-31 | 65.74 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 67.67 | 32.83 | 21.15 | 24.69 |
| 2017-12-31 | 70.1 | 35.41 | 22.01 | 25.69 |
| 2018-12-31 | 69.97 | 35.22 | 23.56 | 27.75 |
| 2019-12-31 | 63.22 | 34.39 | 22.2 | 23.38 |
| 2020-12-31 | 61.17 | 32.17 | 21.68 | 18.69 |
| 2021-12-31 | 65.58 | 40.01 | 27.22 | 37.91 |
| 2022-12-31 | 66.03 | 42.03 | 29.02 | 36.06 |
| 2023-12-31 | 72.29 | 42.08 | 32.11 | 27.53 |
| 2024-12-31 | 70.26 | 40.54 | 30.34 | 27.9 |
| 2025-12-31 | 71.11 | 41.84 | 28.27 | 27.59 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-08-13.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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