Inditex vs Hermès (ITX vs RMS.PA)
Inditex (ITX) vs Hermès (RMS.PA) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Inditex (ITX) and Hermès (RMS.PA) compete in luxury and apparel. Here are Inditex and Hermès side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Inditex or Hermès.
Inditex vs Hermès: the figures
| Figure | Inditex | Hermès |
|---|---|---|
| Share price | €59.06 (November 4, 2026) | €1,372.50 (November 4, 2026) |
| Market cap | €184.0 billion | €143.7 billion |
| P/E (TTM) | 28.0x | 31.9x |
| Forward P/E | 25.0x | 28.5x |
| Revenue growth (quarter) | +9.1% | +1.6% |
| Net margin (TTM) | 15.5% | 28.0% |
| Net debt / EBITDA | Net cash | Net cash |
| Dividend yield | 1.16% | 1.37% |
| Beta | 0.93 | 1.15 |
Inditex and Hermès figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Inditex or Hermès figure is not available, and we never estimate it.
3 key differences between Inditex and Hermès
- Profitability: for every 100 of sales, Hermès keeps 28.0 as net profit and Inditex keeps 15.5.
- Growth: Inditex grew sales +9.1% year on year in its latest quarter, against +1.6% for Hermès.
- Debt: Inditex owes -0.4x its annual operating profit (EBITDA), while Hermès holds more cash than debt.
Inditex or Hermès: which fits your profile
- If you want growth: Inditex is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Hermès pays the higher dividend relative to its price.
- If you prefer caution: Hermès has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Inditex trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Inditex nor Hermès wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Inditex and Hermès make money
Inditex (ITX)
Zara owner Inditex designs and sells clothing, shoes and accessories through its chains Zara, including Zara Home, Bershka, Pull&Bear, Massimo Dutti, Stradivarius and Oysho, with Zara bringing in the most revenue. It sells through its own stores and online, with Europe as its biggest market, followed by the Americas and Asia. Full Inditex analysis.
Hermès (RMS.PA)
Hermès reports sales by business line: Leather Goods & Saddlery, including the Birkin and Kelly bags, its biggest source of revenue; Ready-to-wear & Accessories; Silk & Textiles, known for its scarves; Perfume & Beauty; Watches; and other lines such as jewelry and homeware. It sells mainly through its own stores across Asia, Europe and the Americas. Full Hermès analysis.
Frequently asked questions: Inditex vs Hermès
Is Inditex or Hermès the better stock?
Choosing between Inditex and Hermès depends on what you are looking for. Inditex is growing faster right now, and Inditex trades on the lower P/E. Fintols does not tell you whether to buy Inditex or Hermès: it shows you the differences so you can decide.
Which pays a higher dividend, Inditex or Hermès?
As of November 4, 2026, Hermès yields 1.37% and Inditex yields 1.16%. Also check how much of their profit Inditex and Hermès pay out: if it is more than they earn, it cannot last.
Which is more expensive, Inditex or Hermès?
On P/E, Hermès (31.9x) is more expensive than Inditex (28.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Inditex and Hermès?
Yes. Many people spread their money across several companies, such as Inditex and Hermès, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Inditex or Hermès.
More comparisons with Inditex or Hermès
More companies like Inditex and Hermès: luxury and apparel stocks. Educational content about Inditex and Hermès, not investment advice.