The Hershey Company (HSY) Financial Statements

The Hershey Company

HSY · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$11.69B	$11.20B	$11.16B	$10.42B	$8.97B	$8.15B	$7.99B	$7.79B
Cost of Revenue	$7.77B	$5.90B	$6.17B	$5.92B	$4.92B	$4.45B	$4.36B	$4.22B
Gross Profit	$3.92B	$5.30B	$5.00B	$4.50B	$4.05B	$3.70B	$3.62B	$3.58B
Research & Development	$61.66M	$55.80M	$50.03M	$46.94M	$40.11M	$37.58M	$37.15M	$38.52M
Selling, General & Administrative	$2.46B	$2.37B	$2.44B	$2.24B	$2.00B	$1.89B	$1.91B	$1.87B
Operating Income	$1.44B	$2.90B	$2.56B	$2.26B	$2.04B	$1.78B	$1.60B	$1.62B
Interest Expense	$224.81M	$174.32M	$161.51M	$140.09M	$129.85M	$153.47M	$152.12M	$146.86M
Other Income / (Expense)	-$37.11M	-$258.64M	-$237.22M	-$206.16M	-$119.08M	-$138.33M	-$71.04M	-$74.77M
Income Before Taxes	$1.21B	$2.47B	$2.17B	$1.92B	$1.80B	$1.49B	$1.38B	$1.41B
Provision for Income Taxes	$330.95M	$252.70M	$310.08M	$272.25M	$314.40M	$219.58M	$234.03M	$239.01M
Net Income	$883.26M	$2.22B	$1.86B	$1.64B	$1.48B	$1.28B	$1.15B	$1.18B

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$8.48	$8.38	$8.65	9	↑5 ↓1
Dec 2027	$9.86	$9.43	$10.35	9	↑4 ↓3
Dec 2028	$10.42	$10.13	$10.86	3	↑1 ↓0
Dec 2029	$11.07	$10.69	$11.45	2	↑1 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: HSY
Type: Stock
Sector: Consumer Staples
Industry: Specialty Foods
Country: North America
Exchange: NYSE

The Hershey Company (NYSE: HSY) is an industry-leading snacks company with a purpose to make more moments of goodness and a vision to lead next generation snacking. Hershey brings together more than 20,000 employees worldwide to deliver delicious, high-quality products across more than 85 brands in approximately 65 countries, generating more than $11.7 billion in annual revenues. Hershey brings its full portfolio to market as ONE Hershey, spanning confection, salty and functional snacking categories with beloved brands like Hershey's, Reese's, Kisses, KIT KAT®, Jolly Rancher, Twizzlers and Ice Breakers; salty snacks including SkinnyPop, LesserEvil, Pirate's Booty and Dot's Homestyle Pretzels; and a protein portfolio including ONE Brands and Fulfil. For more than 130 years, Hershey has operated fairly, ethically and sustainably.

Key Issues

Bullish view

Pricing, productivity initiatives and margin recovery helped Hershey beat second-quarter estimates, suggesting the company can offset cost pressure while improving profitability.

Bearish view

The earnings improvement may depend heavily on pricing, while consumer pressure and tougher comparisons could limit volume growth and make margin gains harder to repeat.

Analyst Consensus

See all

Hold

22 analysts

$179

Current

—

Low

$200

Average

—

High

Average target implies +11.92% versus the current price.

Earnings History

BeatMissNo estimate

Peers

Archer-Daniels-Midland CompanyADM · NYSE$78.82