The Hershey Company (HSY) — Financial statements
Income statement, balance sheet, and cash flow for The Hershey Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 11,693↑4.4% | 11,202↑0.3% | 11,165↑7.2% | 10,419↑16.1% | 8,971 | |
| Cost of Revenue | 7,803↑32.2% | 5,901↓4.3% | 6,167↑4.2% | 5,921↑20.3% | 4,923 | |
| Gross Profit | 3,890↓26.6% | 5,301↑6.1% | 4,998↑11.1% | 4,499↑11.1% | 4,049 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 560↓66.3% | 1,663↓32.5% | 2,465↑9.3% | 2,254↑12.4% | 2,007 | |
| Selling & Marketing Expenses | 1,895↑215.7% | 600↑2242.4% | -28↓51.7% | -18↓256.7% | -5 | |
| SG&A Expenses | 2,455↑8.5% | 2,263↓7.1% | 2,437↑9.0% | 2,236↑11.7% | 2,001 | |
| Other Expenses | 18↓86.9% | 140↑31616.3% | 0.44↓77.8% | 2↓43.6% | 4 | |
| Operating Expenses | 2,473↑2.9% | 2,403↓1.4% | 2,437↑8.9% | 2,238↑11.6% | 2,005 | |
| Total Costs & Expenses | 10,276↑23.7% | 8,304↓3.5% | 8,604↑5.5% | 8,159↑17.8% | 6,928 | |
| Operating Results | ||||||
| Operating Income | 1,417↓51.1% | 2,898↑13.2% | 2,561↑13.3% | 2,261↑10.6% | 2,044 | |
| Depreciation & Amortization | 0.00↓100.0% | 455↑8.4% | 420↑10.8% | 379↑20.3% | 315 | |
| EBITDA | 1,449↓53.3% | 3,104↑12.7% | 2,753↑13.0% | 2,436↑8.7% | 2,242 | |
| EBIT | 1,449↓45.3% | 2,648↑13.5% | 2,333↑13.4% | 2,057↑6.8% | 1,927 | |
| Interest & Other Income | ||||||
| Net Interest Income | -179↓8.1% | -166↓9.1% | -152↓10.3% | -138↓8.0% | -127 | |
| Interest Income | 28↑228.2% | 9↓10.9% | 10↑283.2% | 3↑4.5% | 2 | |
| Interest Expense | 207↑19.0% | 174↑7.9% | 162↑15.3% | 140↑7.9% | 130 | |
| Non-Operating Income | -32↓112.8% | 250↑9.9% | 227↑11.7% | 204↑74.6% | 117 | |
| Other Income / Expenses | -203↑52.2% | -424↓9.1% | -389↓13.2% | -344↓39.4% | -246 | |
| Income Before Tax | 1,214↓50.9% | 2,474↑13.9% | 2,172↑13.3% | 1,917↑6.7% | 1,797 | |
| Income Tax Expense | 331↑31.0% | 253↓18.5% | 310↑13.9% | 272↓13.4% | 314 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 883↓60.2% | 2,221↑19.3% | 1,862↑13.2% | 1,645↑10.9% | 1,483 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 883↓60.2% | 2,221↑19.3% | 1,862↑13.2% | 1,645↑11.3% | 1,478 | |
| Bottom-Line Net Income | 883↓60.2% | 2,221↑19.3% | 1,862↑13.2% | 1,645↑11.3% | 1,478 | |
| EPS (Basic) | 4.40↓59.9% | 10.97↑20.7% | 9.09↑13.6% | 8.00↑11.9% | 7.15 | |
| EPS (Diluted) | 4.34↓60.3% | 10.94↑20.8% | 9.06↑13.8% | 7.96↑12.0% | 7.11 | |
| Weighted Average Shares | 203↑0.3% | 203↓0.9% | 205↓0.4% | 206↓0.6% | 207 | |
| Weighted Average Diluted Shares | 203↓0.1% | 203↓1.0% | 206↓0.5% | 207↓0.6% | 208 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.