HSY
Hershey Co
NYSE: HSY · CONSUMER DEFENSIVE · CONFECTIONERS
$189.16
+0.66% today
Updated 2026-04-29
Market cap
$38.34B
P/E ratio
43.69
P/S ratio
3.28x
EPS (TTM)
$4.33
Dividend yield
2.92%
52W range
$147 – $239
Volume
1.9M
Hershey Co (HSY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.94B | $4.95B | $5.13B | $5.30B | $5.67B | $6.08B | $6.64B | $7.15B | $7.42B | $7.39B | $7.44B | $7.52B | $7.79B | $7.99B | $8.15B | $8.97B | $10.42B | $11.16B | $11.20B | $11.69B |
| Revenue growth (YoY) | — | +0.1% | +3.8% | +3.2% | +7.0% | +7.2% | +9.3% | +7.6% | +3.9% | -0.5% | +0.7% | +1.0% | +3.7% | +2.5% | +2.0% | +10.1% | +16.1% | +7.2% | +0.3% | +4.4% |
| Cost of revenue | $3.08B | $3.32B | $3.38B | $3.25B | $3.26B | $3.55B | $3.78B | $3.87B | $4.09B | $4.00B | $4.27B | $4.06B | $4.22B | $4.36B | $4.45B | $4.92B | $5.92B | $6.17B | $5.90B | $7.80B |
| Gross profit | $1.87B | $1.63B | $1.76B | $2.05B | $2.42B | $2.53B | $2.86B | $3.28B | $3.34B | $3.38B | $3.17B | $3.46B | $3.58B | $3.62B | $3.70B | $4.05B | $4.50B | $5.00B | $5.30B | $3.89B |
| Gross margin | 37.8% | 33.0% | 34.2% | 38.7% | 42.6% | 41.6% | 43.0% | 45.9% | 45.0% | 45.8% | 42.6% | 46.0% | 45.9% | 45.4% | 45.4% | 45.1% | 43.2% | 44.8% | 47.3% | 33.3% |
| R&D | $27.60M | $28.00M | $28.10M | $28.10M | $30.50M | $32.20M | $39.00M | $47.60M | $47.55M | $49.28M | $47.27M | $45.85M | $38.52M | $37.15M | $37.58M | $40.11M | $46.94M | $50.03M | $55.80M | — |
| SG&A | $860.38M | $895.87M | $1.07B | $1.21B | $1.43B | $1.48B | $1.70B | $1.92B | $1.90B | $1.41B | $1.39B | $1.34B | $1.39B | $1.39B | $1.37B | $2.01B | $2.25B | $2.46B | $1.66B | $559.99M |
| Operating income | $992.56M | $458.83M | $589.90M | $761.59M | $905.30M | $1.06B | $1.16B | $1.36B | $1.44B | $1.04B | $1.21B | $1.31B | $1.62B | $1.60B | $1.78B | $2.04B | $2.26B | $2.56B | $2.90B | $1.42B |
| Operating margin | 20.1% | 9.3% | 11.5% | 14.4% | 16.0% | 17.4% | 17.4% | 19.0% | 19.3% | 14.0% | 16.2% | 17.5% | 20.8% | 20.0% | 21.9% | 22.8% | 21.7% | 22.9% | 25.9% | 12.1% |
| EBITDA | $1.21B | $772.23M | $839.39M | $944.88M | $1.10B | $1.27B | $1.37B | $1.56B | $1.65B | $1.23B | $1.49B | $1.47B | $1.85B | $1.82B | $1.94B | $2.24B | $2.44B | $2.75B | $3.10B | $1.45B |
| EBITDA margin | 24.4% | 15.6% | 16.4% | 17.8% | 19.5% | 20.9% | 20.6% | 21.8% | 22.2% | 16.6% | 20.1% | 19.6% | 23.8% | 22.8% | 23.8% | 25.0% | 23.4% | 24.7% | 27.7% | 12.4% |
| EBIT | $1.01B | $461.31M | $589.90M | $762.47M | $906.57M | $1.06B | $1.16B | $1.36B | $1.44B | $982.83M | $1.19B | $1.21B | $1.56B | $1.53B | $1.65B | $1.93B | $2.06B | $2.33B | $2.65B | — |
| Interest expense | $0.00 | $121.07M | $99.68M | $91.34M | $97.70M | $94.78M | $95.57M | $88.36M | $83.53M | $80.98M | $91.95M | $100.07M | $146.86M | $152.12M | $153.47M | $129.85M | $140.09M | $161.51M | $174.32M | $207.44M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $559.06M | $214.15M | $311.40M | $435.99M | $509.80M | $628.96M | $660.93M | $820.47M | $846.91M | $512.95M | $720.04M | $782.98M | $1.18B | $1.15B | $1.28B | $1.48B | $1.64B | $1.86B | $2.22B | $883.26M |
| Net income growth (YoY) | — | -61.7% | +45.4% | +40.0% | +16.9% | +23.4% | +5.1% | +24.1% | +3.2% | -39.4% | +40.4% | +8.7% | +50.4% | -2.4% | +11.2% | +15.5% | +11.3% | +13.2% | +19.3% | -60.2% |
| Profit margin | 11.3% | 4.3% | 6.1% | 8.2% | 9.0% | 10.3% | 9.9% | 11.5% | 11.4% | 6.9% | 9.7% | 10.4% | 15.1% | 14.4% | 15.7% | 16.5% | 15.8% | 16.7% | 19.8% | 7.6% |