The Hershey revenue and financials
$160.80Change from previous close: −0.13%Absolute change: −$0.21
In the fiscal year ended December 2025, The Hershey reported revenue of $11.69B (+4.38% year over year). Net income was $883.26M, a net margin of 7.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.38%
- 2025 vs 2024
- Net income growth
- −60.24%
- 2025 vs 2024
- Net margin
- 7.6%
- 2024: 19.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,277 | 2,532 | 2,323 | 2,328 | 2,083 | 1,700 | 1,764 | 1,600 | 1,250 | 1,013 |
| Depreciation and amortization | 504 | 455 | 420 | 379 | 315 | 295 | 292 | 295 | 262 | 302 |
| Capital expenditure | -455 | -606 | -771 | -519 | -496 | -442 | -318 | -329 | -258 | -269 |
| Investing cash flow | -1,279 | -960 | -1,199 | -787 | -2,223 | — | — | — | — | — |
| Financing cash flow | -803 | -1,297 | -1,148 | -1,416 | -681 | — | — | — | — | — |
| Dividends paid | -1,085 | -1,085 | -889 | -775 | -686 | -641 | -610 | -563 | -526 | -499 |
| Share repurchases | 0.0 | -494 | -265 | -389 | -458 | -211 | -527 | -248 | -300 | -593 |
| Debt issued | 1,985 | 607 | 770 | 0.0 | 869 | — | — | — | — | — |
| Debt repaid | -1,705 | -306 | -755 | -250 | -439 | — | — | — | — | — |
| Effect of exchange rates | -0.2 | 54.1 | -38.3 | 9.9 | -5.1 | — | — | — | — | — |
| Net change in cash | 195 | 329 | -62.0 | 135 | -815 | — | — | — | — | — |
| Free cash flow | 1,823 | 1,926 | 1,552 | 1,808 | 1,587 | — | — | — | — | — |
| Levered free cash flow | 1,449 | 1,165 | 1,031 | 1,266 | 1,179 | — | — | — | — | — |