Investing
CapEx
Hershey CapEx decreased by 17.0% to $114.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.3%, from $145.53M to $114.60M. Over 4 years (FY 2021 to FY 2025), CapEx shows relatively stable performance with a -2.1% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $113.14M | $119.84M | $148.43M | $141.06M | $99.90M | $119.03M | $159.49M | $176.09M | $154.41M | $218.10M | $222.51M | $213.30M | $130.15M | $127.96M | $134.53M | $145.53M | $85.09M | $85.92M | $138.09M | $114.60M |
| QoQ Change | — | +5.9% | +23.9% | -5.0% | -29.2% | +19.2% | +34.0% | +10.4% | -12.3% | +41.2% | +2.0% | -4.1% | -39.0% | -1.7% | +5.1% | +8.2% | -41.5% | +1.0% | +60.7% | -17.0% |
| YoY Change | — | — | — | — | -11.7% | -0.7% | +7.5% | +24.8% | +54.6% | +83.2% | +39.5% | +21.1% | -15.7% | -41.3% | -39.5% | -31.8% | -34.6% | -32.9% | +2.6% | -21.3% |
Range$85.09M – $222.51M
CAGR+0.3%
Avg YoY Growth+0.2%
Median YoY Growth-6.2%
CapEx at Other Companies
Frequently Asked Questions
- What is Hershey's capex?
- Hershey (HSY) reported capex of $114.60M in Q1 2026.
- How has Hershey's capex changed year-over-year?
- Hershey's capex decreased by 21.3% year-over-year, from $145.53M to $114.60M.
- What is the long-term trend for Hershey's capex?
- Over 4 years (2021 to 2025), Hershey's capex has grown at a -2.1% compound annual growth rate (CAGR), from $495.88M to $454.62M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.