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NYSE · SUGAR & CONFECTIONERY PRODUCTS · LARGE CAP

Hershey Co. HSY

19 fiscal years on record · USD · FY2025 reported · SEC filings only
$11.7B
▲ 4.4% YoY
$883.3M
▼ 60.2% YoY
$1.8B
▼ 5.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The Company markets, sells, and distributes its products under more than 85 brand names in approximately 65 countries worldwide. As of December 31, 2025, the Company employed approximately 17,550 full-time and 2,045 part-time employees worldwide. In 2025, approximately 27% of the Company's consolidated net sales were made to McLane Company, Inc. The Company reports its operations through three segments: North America Confectionery, North America Salty Snacks and International. The North America Confectionery segment covers chocolate and non-chocolate confectionery, gum and refreshment products, protein bars, spreads, snack bites and mixes, as well as pantry and food service lines in the United States and Canada. The North America Salty Snacks segment covers salty snacking products in the United States, including ready-to-eat popcorn, baked and trans fat-free snacks, and pretzels. The International segment combines the Company's other operating regions, with operations and manufacturing in Mexico, Brazil, India and Malaysia and sales in export markets across Asia, Latin America, the Middle East, Europe and Africa. The Hershey Company was incorporated under the laws of the State of Delaware on October 24, 1927 as a successor to a business founded in 1894 by Milton S. Hershey.

Written from the business description in HERSHEY CO's annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth

USD 11.7B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 11.7 · Net income 0.9
5B10B
2007201020132016201920222025
Compound annual growth
+3.9%
+7.5%
+4.7%
+4.9%
−18.7%
−7.1%
+5.6%
−1.3%
+6.1%
+0.8%
+19.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.5% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

8 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 12.3% · Net 7.6%
20%40%
200720162025
ROE
FY2025 · ROE 18.9%
50%100%
200720162025
Three returns, three denominators.

Each USD of equity produced 19 cents of profit this year.

Cash & shareholders

USD 1.1B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.8
1B2B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 1.1 · Net buybacks -0.0
1B2BDividendsNet buybacks
2007201020132016201920222025

USD 1.1B in dividends — 123% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 13.7B
EquityUSD 4.6B
CashUSD 925.9M
Gross debtUSD 4.9B
Net debtUSD 4.0B
Current ratio1.19×

Net debt stands at 86% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
HSY, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B11.711.211.210.49.08.18.07.87.57.47.47.47.16.61.45.75.35.14.9
Operating income $B1.42.92.62.32.01.81.61.61.31.31.01.41.31.7◌◌◌◌◌
EBITDA $B1.93.43.02.62.42.11.91.91.61.61.31.61.51.9◌◌◌◌◌
Income tax $B0.30.30.30.30.30.20.20.20.40.40.40.50.40.40.30.30.20.20.1
Net income $B0.92.21.91.61.51.31.11.20.80.70.50.80.80.70.60.50.40.30.2
Free cash flow $B1.81.91.61.81.61.31.41.31.00.70.90.50.90.80.30.70.90.30.6
EPS, diluted $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout %1234948474650534867699352485248————
ROE %18.950.450.354.359.264.473.3101.892.180.741.855.462.169.871.562.884.066.134.3
Shares out B0.200.200.200.200.210.210.210.210.210.210.220.220.220.220.230.230.230.23◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 67 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: the share count is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySugar & Confectionery Products
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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