stockrowHershey 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) Operating margin
Hershey Company (The)'s operating margin over the twelve months to 30 September 2026 was 20.8%, up 8.4 percentage points from fiscal 2025 (12.3%). Over the past ten years it has ranged from 12.3% (fiscal 2025) to 25.9% (fiscal 2024) — the current reading is the lowest in ten years. That is above the Confectioners industry median of 11.9% and above the Consumer Defensive sector median of 1.70%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 12.3% | (13.54) |
| FY2024 | 25.9% | 2.93 |
| FY2023 | 22.9% | 1.24 |
| FY2022 | 21.7% | (1.08) |
| FY2021 | 22.8% | 0.91 |
| FY2020 | 21.9% | 1.89 |
| FY2019 | 20.0% | (0.86) |
| FY2018 | 20.8% | 3.36 |
| FY2017 | 17.5% | 0.61 |
| FY2016 | 16.9% | 2.82 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 25.0% | 1.90 |
| Jun 2026 | 23.1% | 2.42 |
| Mar 2026 | 20.6% | 6.25 |
| Dec 2025 | 14.4% | 0.73 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| HSY Hershey Company (The) | 20.8% |
| MDLZ Mondelez International, Inc. compare | 13.7% |
| TR Tootsie Roll Industries, Inc. compare | 11.9% |
| SOWG Sow Good Inc. compare | 0.00% |
| RMCF Rocky Mountain Chocolate Factory, Inc. compare | −18.7% |
| Confectioners industry median | 11.9% |
| Consumer Defensive sector median | 1.70% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on HSY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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