Huhtamaki Oyj (HMKIY) Key Metrics
HMKIY key metrics, 2021–2025
Fiscal year ended December 31, 2025 · eurosHMKIY returns How much profit the business earns on the capital it uses.
HMKIY financial health Debt, liquidity and how easily interest is covered.
HMKIY efficiency & capital use Working capital cycle and where the cash goes.
HMKIY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HMKIY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HMKIY cash returned to shareholders
HMKIY key metrics in euros
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Returns & profitability | |||||
| Return on equity (ROE) | 9.5% | 11.1% | 10.7% | 15.7% | 12.4% |
| Return on invested capital (ROIC) | 7.1% | 9.5% | 9.3% | 10.4% | 8.9% |
| Return on assets (ROA) | 4.1% | 4.7% | 4.3% | 5.9% | 4.4% |
| Return on tangible assets | 5.4% | 5.9% | 5.8% | 7.5% | 5.8% |
| Free cash flow margin | 7.7% | 4.5% | 6.2% | 0.1% | −1.0% |
| Income quality (OCF / net income) | 2.49 | 1.93 | 2.80 | 1.16 | 1.12 |
| Financial health | |||||
| Total debt | €1.15B | €1.19B | €1.27B | €1.27B | €1.13B |
| Cash & short-term investments | €378.6M | €317.1M | €348.2M | €309.4M | €178.6M |
| Net debt | €768.4M | €873.1M | €918.3M | €961.3M | €950.3M |
| Debt / equity | 0.59 | 0.56 | 0.66 | 0.66 | 0.71 |
| Debt / assets | 0.25 | 0.24 | 0.27 | 0.26 | 0.25 |
| Net debt / EBITDA | 1.40 | 1.45 | 1.50 | 1.57 | — |
| Current ratio | 1.59 | 1.52 | 1.60 | 1.50 | 1.22 |
| Quick ratio | 1.01 | 0.93 | 1.00 | 0.88 | 0.72 |
| Interest coverage | 3.4 | 4.4 | 4.2 | 6.9 | 9.5 |
| Working capital | €613.4M | €588.2M | €617.8M | €605.9M | €290.9M |
| Invested capital | €2.70B | €3.00B | €2.84B | €2.88B | €2.55B |
| Tangible asset value | €897.9M | €1.01B | €826.4M | €769.5M | €474.8M |
| Net current asset value | −€990.6M | −€1.05B | −€1.09B | −€1.09B | −€1.33B |
| Capital allocation | |||||
| Dividends paid | €115.5M | €110.0M | €104.5M | €98.1M | €96.0M |
| Dividend payout ratio | 60.2% | 49.1% | 50.7% | 35.5% | 48.3% |
| Dividends + buybacks / free cash flow | 37.9% | 59.5% | 40.3% | — | — |
| Capex / revenue | 4.3% | 6.0% | 7.6% | 7.1% | 7.3% |
| Capex / operating cash flow | 36.0% | 57.3% | 55.1% | 99.1% | 116.5% |
| Capex / depreciation | 0.80 | 1.12 | 1.46 | 1.52 | 1.49 |
| R&D / revenue | 1.1% | 0.8% | 0.9% | 0.7% | 0.7% |
| SG&A / revenue | 10.2% | 9.7% | 9.5% | 7.9% | 8.2% |
| Efficiency | |||||
| Days sales outstanding | 46.0 | 46.5 | 47.0 | 46.1 | 58.0 |
| Days of inventory on hand | 70.8 | 70.2 | 73.5 | 69.2 | 81.5 |
| Days payables outstanding | 66.3 | 50.3 | 48.4 | 50.7 | 67.4 |
| Cash conversion cycle (days) | 50.4 | 66.4 | 72.2 | 64.6 | 72.2 |
| Receivables turnover | 7.94 | 7.85 | 7.76 | 7.92 | 6.29 |
| Payables turnover | 5.51 | 7.26 | 7.54 | 7.20 | 5.42 |
| Inventory turnover | 5.16 | 5.20 | 4.96 | 5.27 | 4.48 |
| Asset turnover | 0.84 | 0.86 | 0.88 | 0.96 | 0.79 |
| Average receivables | €498.6M | €525.8M | €537.1M | €565.9M | €568.5M |
| Average payables | €593.1M | €460.9M | €452.9M | €520.5M | €550.0M |
| Average inventory | €633.2M | €643.7M | €688.1M | €710.5M | €665.7M |
| Intangibles / total assets | 22.6% | 22.8% | 23.5% | 23.9% | 24.7% |
Computed from HMKIY's annual financial statements (latest annual report filed —) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in euros; data from EODHD. Averages use the opening and closing balance of each year.
HMKIY valuation and financial ratios
Huhtamaki Oyj earned a return on equity of 9.5% and a return on invested capital of 7.1% in fiscal 2025. It ended the year with €1.1 billion of debt and €378.6 million in cash and short-term investments, net debt of €768.4 million. It returned €115.5 million to shareholders: €115.5 million in dividends and €0 in share buybacks, 38% of free cash flow.
See the HMKIY income statement, the HMKIY chart for price history, or the HMKIY stock overview for the latest quote and news.
HMKIY key metrics FAQ
What is Huhtamaki Oyj's return on equity?
Huhtamaki Oyj's return on equity (ROE) was 9.5% in fiscal 2025: net income of €191.8 million on average shareholders' equity of €2.0 billion.
What is Huhtamaki Oyj's ROIC?
Huhtamaki Oyj's return on invested capital was 7.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Huhtamaki Oyj have?
Huhtamaki Oyj had total debt of €1.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.59 and €768.4 million of net debt (1.40 times EBITDA).
What is Huhtamaki Oyj's current ratio?
Huhtamaki Oyj's current ratio was 1.59 at the end of fiscal 2025: current assets were 1.59 times current liabilities.