The Hershey Company
HSY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.20B | $11.16B | $10.42B | $8.97B | $8.15B | $7.99B | $7.79B | $7.52B |
| Cost of Revenue | $5.90B | $6.17B | $5.92B | $4.92B | $4.45B | $4.36B | $4.22B | $4.06B |
| Gross Profit | $5.30B | $5.00B | $4.50B | $4.05B | $3.70B | $3.62B | $3.58B | $3.46B |
| Gross Margin | 47.32% | 44.76% | 43.18% | 45.13% | 45.42% | 45.36% | 45.89% | 45.98% |
| Operating Expenses | $2.40B | $2.44B | $2.24B | $2.00B | $1.92B | $2.03B | $1.95B | $2.14B |
| Operating Income | $2.90B | $2.56B | $2.26B | $2.04B | $1.78B | $1.60B | $1.62B | $1.31B |
| Operating Margin | 25.87% | 22.94% | 21.70% | 22.78% | 21.87% | 19.98% | 20.84% | 17.48% |
| Net Income | $2.22B | $1.86B | $1.64B | $1.48B | $1.28B | $1.15B | $1.18B | $782.98M |
| Net Margin | 19.83% | 16.68% | 15.79% | 16.47% | 15.69% | 14.40% | 15.11% | 10.42% |
| EPS (Basic) | $10.97 | $9.09 | $8.00 | $7.15 | $6.13 | $5.49 | $5.61 | $3.79 |
| EBITDA | $3.10B | $2.75B | $2.44B | $2.24B | $1.94B | $1.82B | $1.85B | $1.47B |
| Stock Option Compensation Expense | $44.41M | $81.02M | $65.99M | $66.71M | $57.58M | $51.90M | $49.29M | $51.06M |
| Price To Earnings Ratio | 15.47 | 20.50 | 28.94 | 27.07 | 24.83 | 26.78 | 19.11 | 30.77 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $34.37B | $38.17B | $47.60B | $40.00B | $31.75B | $30.79B | $22.51B | $24.09B |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $12.95B | $11.90B | $10.95B | $10.41B | $9.13B | $8.14B | $7.70B | $5.55B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $8.23B | $7.80B | $7.65B | $7.66B | $6.89B | $6.40B | $6.30B | $4.62B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $4.71B | $4.10B | $3.30B | $2.76B | $2.23B | $1.74B | $1.40B | $915.34M |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $4.71B | $4.10B | $3.30B | $2.76B | $2.23B | $1.74B | $1.40B | $915.34M |
| Total Liabilities & Stockholders Equity | $12.95B | $11.90B | $10.95B | $10.41B | $9.13B | $8.14B | $7.70B | $5.55B |
| Book Value Per Share | $23.23 | $20.02 | $16.05 | $13.34 | $10.74 | $8.33 | $6.70 | $4.39 |
| Tangible Book Value Per Share | $-1.14 | $-4.09 | $-6.20 | $-9.26 | $-5.02 | $-7.55 | $-7.96 | $-1.71 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 17.16% | 15.64% | 15.02% | 14.19% | 14.00% | 14.12% | 15.29% | 14.10% |
| Return on Equity | 47.11% | 45.42% | 49.85% | 53.59% | 57.23% | 66.10% | 84.19% | 85.54% |
| Return on Invested Capital | 23.72% | 22.05% | 21.15% | 18.95% | 19.52% | 19.22% | 20.78% | 20.63% |
| Quick Ratio | 0.64 | 0.52 | 0.44 | 0.50 | 1.06 | 0.65 | 0.60 | 0.60 |
| Current Ratio | 0.96 | 0.97 | 0.80 | 0.90 | 1.57 | 1.05 | 0.93 | 0.96 |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $2.22B | $1.86B | $1.64B | $1.48B | $1.28B | $1.15B | $1.18B | $782.98M |
| Depreciation | $455.25M | $419.81M | $378.96M | $315.00M | $294.91M | $291.54M | $295.14M | $261.85M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $2.53B | $2.32B | $2.33B | $2.08B | $1.70B | $1.76B | $1.60B | $1.25B |
| Capital Expenditures | $605.94M | $771.11M | $519.48M | $495.88M | $441.63M | $318.19M | $328.60M | $257.68M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $1.08B | $889.07M | $775.03M | $685.99M | $640.73M | $610.31M | $562.52M | $526.27M |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $494.19M | $264.91M | $388.96M | $457.95M | $211.20M | $527.21M | $247.50M | $300.31M |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $1.93B | $1.55B | $1.81B | $1.59B | $1.26B | $1.45B | $1.27B | $991.84M |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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About the company
The Hershey Company, operating with its various subsidiaries, serves as a key manufacturer and distributor of both sweet confections and general household pantry items. Its market reach extends across the United States and globally. The enterprise strategically divides its operations into three main business segments: North America Confectionery, North America Salty Snacks, and an International division. Its extensive product catalog features a wide array of offerings. This includes various chocolate and non-chocolate candies, as well as refreshing chewing gums and mints. Beyond traditional treats, Hershey also supplies pantry essentials such as baking ingredients, dessert toppings, a range of beverages, and sundae syrups. Furthermore, their snack collection encompasses diverse items like spreads, meat snacks, various bars and snack bites, popcorn, and protein bars. The company markets its broad product line under numerous iconic brand names. Its extensive brand portfolio includes household names such as Hershey's, Reese's, Kisses, Jolly Rancher, Kit Kat, Twizzlers, York, and Ice Breakers, alongside other popular confectionery brands like Almond Joy, Cadbury, Heath, Payday, Rolo, and Whoppers. The snack segment features well-known names like SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar, complemented by international offerings such as Pelon Pelo Rico, IO-IO, and Sofit. Hershey distributes its merchandise through a comprehensive network of channels. These include wholesale distributors, major grocery store chains, large-scale retailers, pharmacies, vending machine operators, warehouse clubs, convenience stores, discount stores, concession stands, and department stores. Established in 1894, The Hershey Company maintains its corporate headquarters in Hershey, Pennsylvania.