Hershey Company (The)
HSY Consumer Defensive Confectioners
Hershey Company (The)’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, up 4.38% from fiscal 2024.
- Revenue
- +2.96%
- EPS
- +183.1%
- Free cash flow
- −14.0%
- Total debt
- −4.97%
Quarter to September 2026, against a year earlier
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Hershey Company (The) (HSY) Gross margin
Hershey Company (The)'s gross margin over the twelve months to 30 September 2026 was 42.0%, up 8.4 percentage points from fiscal 2025 (33.6%). Over the past ten years it has ranged from 33.6% (fiscal 2025) to 47.3% (fiscal 2024) — the current reading is the lowest in ten years. That is above the Confectioners industry median of 34.3% and above the Consumer Defensive sector median of 34.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 33.6% | (13.77) |
| FY2024 | 47.3% | 2.56 |
| FY2023 | 44.8% | 1.58 |
| FY2022 | 43.2% | (1.95) |
| FY2021 | 45.1% | (0.29) |
| FY2020 | 45.4% | 0.06 |
| FY2019 | 45.4% | (0.53) |
| FY2018 | 45.9% | (0.09) |
| FY2017 | 46.0% | 3.38 |
| FY2016 | 42.6% | (3.19) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 46.1% | 0.81 |
| Jun 2026 | 45.3% | 5.93 |
| Mar 2026 | 39.4% | 2.35 |
| Dec 2025 | 37.0% | 4.43 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| HSY Hershey Company (The) | 42.0% |
| TR Tootsie Roll Industries, Inc. compare | 34.5% |
| MDLZ Mondelez International, Inc. compare | 34.3% |
| RMCF Rocky Mountain Chocolate Factory, Inc. compare | 23.8% |
| SOWG Sow Good Inc. compare | −126.4% |
| Confectioners industry median | 34.3% |
| Consumer Defensive sector median | 34.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on HSY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement