Global luxury goods conglomerate encompassing prestigious brands in fashion, leather goods, perfumes, cosmetics, watches, jewelry, and wines & spirits.
Profile & Fundamentals
LVMH: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
LVMH Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
Explore this pageJump to a Profile & Fundamentals section
Explore this research
Profile & Fundamentals contents
Jump directly to any section
Company and Market Context
Company Profile & Ownership
LVMH Moët Hennessy - Louis Vuitton, Société Européenne, together with its subsidiaries, operates as a luxury goods company worldwide. It offers wine and spirit products under the Ao Yun, Ardbeg, Armand de Brignac, Belvedere, Bodega Numanthia, Chandon, Cheval des Andes, Château Cheval Blanc, Château Galoupet, Château d'Yquem, Château d'Esclans, Cloudy Bay, Colgin Cellars, Dom Pérignon, Domaine des Lambrays, Eminente, Glenmorangie, Hennessy, Joseph Phelps, Krug, Mercier, Minuty, Moët & Chandon, Newton Vineyard, Ruinart, SirDavis, Terrazas de los Andes, Veuve Clicquot, Volcan de mi Tierra, and Woodinville brands; fashion and leather products under Barton Perreira,Berluti, Celine, Christian Dior, Fendi, Givenchy, Kenzo, Loewe, Loro Piana, Louis Vuitton, Marc Jacobs, Moynat, Patou, Pucci, Rimowa, and Vuarnet brands; and perfumes and cosmetics products under the Acqua di Parma, Benefit Cosmetics, Fenty Beauty by Rihanna, Fresh, Givenchy Parfums, Guerlain, Kenzo Parfums, Loewe Perfumes, Maison Francis Kurkdjian, Make Up For Ever, OLEHENRIKSEN, Officine Universelle Buly, and Parfums Christian Dior brands. The company also provides watches and jewelry under the Bvlgari, Chaumet, DANIEL ROTH, Fred, Gérald Genta, Hublot, L'Epée 1839, Repossi, TAG Heuer, Tiffany & Co., and Zenith brands; and selective retailing under the 24S, DFS, La Grande Épicerie de Paris, Le Bon Marché Rive Gauche, Samaritaine, and Sephora brands. In addition, it offers french business and cultural publications under the Les Echos group brand; custom-designed yachts under the Feadship brand; hotels under the Cheval Blanc and Belmond brands; and other activities under the Connaissance des Arts, Cova, Investir, Jardin d'Acclimatation, Le Parisien, Paris Match, and Radio Classique brands. LVMH Moët Hennessy - Louis Vuitton, Société Européenne was founded in 1365 and is headquartered in Paris, France.
Company profile record
LVMH Moët Hennessy - Louis Vuitton
Common Stock · Consumer Discretionary · Apparel, Accessories & Luxury Goods
Company
- Company / asset
- LVMH Moët Hennessy - Louis Vuitton
- Security type
- Common Stock
- Sector
- Consumer Discretionary
- Industry
- Apparel, Accessories & Luxury Goods
- HQ
- 🇫🇷 France
- Head office
- 22, Avenue Montaigne, Paris, France, 75008
Leadership & scale
- Chief executive
- Mr. Bernard Arnault
- CEO year born
- 1949
- Full-time employees
- 196.6K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- EUR 190.9B
- P/E
- 8.7x
- Revenue (Q2 26)
- EUR 38.6B
- Profit (Q2 26)
- EUR 5.7B
- Dividend Yield
- 2.5%
- Revenue (FY 25)
- EUR 80.8B
- Shares in public float
- 241.7M
- Insider ownership
- 50.33%
Reporting & identifiers
- Symbol
- MC.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
- FR0000121014
- Asset ID
- equity_fa617ef7-a4e9-580e-9819-2f5f6468c0dd
Ownership
Shares Outstanding
Latest: 495.0M | Max: 504.1M | Min: 495.0M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
48.84%
241.7M latest reported shares
Insider Ownership
50.33%
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 | 503,971,200 |
| 2018-01-01 | 503,733,600 |
| 2019-01-01 | 503,124,400 |
| 2020-01-01 | 504,063,000 |
| 2021-01-01 | 503,895,600 |
| 2022-01-01 | 501,937,000 |
| 2023-01-01 | 499,691,000 |
| 2024-01-01 | 499,412,500 |
| 2025-01-01 | 497,976,100 |
| 2026-01-01 | 494,957,600 |
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
LVMH's latest financial results show a premier luxury empire navigating an orderly post-pandemic plateau. While full-year 2025 revenue eased 4.6% to EUR 80.8 billion and net income fell 13.3% to EUR 10.88 billion due to cautious Chinese spending, underlying cash generation told a vastly more positive story. Disciplined operational management expanded free cash flow by 12.5% to EUR 15.04 billion, demonstrating extraordinary cash conversion. Interim results for H1 2026 corroborated that the business has reached a stable financial floor, with net income holding steady at EUR 5.70 billion. Rather than facing permanent decline, the company is successfully shedding lower-margin aspirational volume while solidifying its highly profitable core client relationships.
LVMH's latest financial results show a premier luxury empire navigating an orderly post-pandemic plateau. While full-year 2025 revenue eased 4.6% to EUR 80.8 billion and net income fell 13.3% to EUR 10.88 billion due to cautious Chinese spending, underlying cash generation told a vastly more positive story. Disciplined operational management expanded free cash flow by 12.5% to EUR 15.04 billion, demonstrating extraordinary cash conversion. Interim results for H1 2026 corroborated that the business has reached a stable financial floor, with net income holding steady at EUR 5.70 billion. Rather than facing permanent decline, the company is successfully shedding lower-margin aspirational volume while solidifying its highly profitable core client relationships.
Revenue, Net Income, and Free Cash Flow
Latest: EUR 80.8B | Max: EUR 86.2B | Min: EUR 3.6B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 24x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability trends highlight the structural pricing power of apex luxury goods during volume downturns. Gross margins held remarkably firm at 66.2% in 2025, closely matching prior peak levels and confirming that core Maisons avoided brand-diluting promotional discounts despite softer demand. Consolidated operating margins compressed from 26.2% in 2023 to 21.9% in 2025 as fixed retail store leases were spread over slightly lower sales volumes. This margin softening is cyclical rather than permanent; as organic sales growth re-accelerates, operating leverage will naturally expand margins back toward mid-20% benchmarks.
Profitability trends highlight the structural pricing power of apex luxury goods during volume downturns. Gross margins held remarkably firm at 66.2% in 2025, closely matching prior peak levels and confirming that core Maisons avoided brand-diluting promotional discounts despite softer demand. Consolidated operating margins compressed from 26.2% in 2023 to 21.9% in 2025 as fixed retail store leases were spread over slightly lower sales volumes. This margin softening is cyclical rather than permanent; as organic sales growth re-accelerates, operating leverage will naturally expand margins back toward mid-20% benchmarks.
Profitability Margins
Latest: 66.2% | Max: 68.8% | Min: 10.5%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
66.2%
Gross profit / revenue
Operating Margin
21.9%
Operating income / revenue
Net Margin
13.5%
Net income / revenue
FCF Margin
18.6%
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 | 39,856,000,000 | 4,309,960,000 | 3,801,160,000 |
| 2017-12-31 | 50,736,840,000 | 6,384,350,000 | 5,513,270,000 |
| 2018-12-31 | 53,381,640,000 | 7,243,560,000 | 6,113,820,000 |
| 2019-12-31 | 60,110,400,000 | 8,031,520,000 | 9,250,080,000 |
| 2020-12-31 | 54,474,220,000 | 5,736,440,000 | 10,288,260,000 |
| 2021-12-31 | 73,205,100,000 | 13,721,040,000 | 17,546,880,000 |
| 2022-12-31 | 84,726,880,000 | 15,069,880,000 | 13,645,710,000 |
| 2023-12-31 | 94,768,300,000 | 16,691,400,000 | 11,655,600,000 |
| 2024-12-31 | 88,070,320,000 | 13,052,000,000 | 13,907,920,000 |
| 2025-12-31 | 94,544,190,000 | 12,727,260,000 | 17,601,480,000 |
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 | 24.23 | Annual net income |
| 2021-12-31 | 30.44 | 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 | 65.32 | 18.36 | 10.81 | 9.54 |
| 2017-12-31 | 65.33 | 19.03 | 12.58 | 10.87 |
| 2018-12-31 | 66.63 | 21.09 | 13.57 | 11.45 |
| 2019-12-31 | 66.23 | 21 | 13.36 | 15.39 |
| 2020-12-31 | 64.4 | 18.64 | 10.53 | 18.89 |
| 2021-12-31 | 68.29 | 26.67 | 18.74 | 23.97 |
| 2022-12-31 | 68.44 | 26.54 | 17.79 | 16.11 |
| 2023-12-31 | 68.8 | 26.19 | 17.61 | 12.3 |
| 2024-12-31 | 67.03 | 22.33 | 14.82 | 15.79 |
| 2025-12-31 | 66.24 | 21.88 | 13.46 | 18.62 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
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.
Complete Research Workspace
Unlock the complete Profile & Fundamentals
Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.