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Saturday 17 October 2026 Export HSY’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 6.60%, EPS grew 869.2%, free cash flow grew 809.1% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for ten; insiders bought in the last twelve months.

170.74 2.06 +1.22%
Market cap
$33.9B
P/E
18.9×
Fwd P/E
23.0×
Dividend yield
3.35%
F-score
5/9
Altman Z
4.24
Beneish M
−2.79
Dividend safety
57/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Hershey Company (The) (HSY) Operating margin

Alert me on Operating margin

Hershey Company (The)'s operating margin over the twelve months to 30 June 2026 was 17.8%, up 5.4 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 11.2% and above the Consumer Defensive sector median of 1.55%.

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)
Jun 2026 23.1% 2.42
Mar 2026 20.6% 6.25
Dec 2025 14.4% 0.73
Sep 2025 13.7% 6.29
42 more quarters

Against its own ten years

Low 12.3% High 25.9%
Ten-year median 20.8%
Current reading's percentile 26

Operating margin against peers

Company Operating margin
HSY Hershey Company (The) 17.8%
TR Tootsie Roll Industries, Inc. compare 11.9%
MDLZ Mondelez International, Inc. compare 11.2%
SOWG Sow Good Inc. compare 0.00%
RMCF Rocky Mountain Chocolate Factory, Inc. compare −16.3%
Confectioners industry median 11.2%
Consumer Defensive sector median 1.55%
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

The full definition of Operating margin →

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