What is Hershey's goodwill?

Hershey (HSY) reported goodwill of $2.99B in Q1 2026.

How has Hershey's goodwill changed year-over-year?

Hershey's goodwill increased by 10.6% year-over-year, from $2.71B to $2.99B.

What is the long-term trend for Hershey's goodwill?

Over 5 years (2020 to 2025), Hershey's goodwill has grown at a 8.5% compound annual growth rate (CAGR), from $1.99B to $3B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Hershey HSY Goodwill

Goodwill at other companies

PepsiCoPEP

$19.02B+3.6%

Tootsie Roll IndustriesTR

$73.24M0.0%

Mondelez InternationalMDLZ

$24.23B+3.4%

Utz BrandsUTZ

$865.2M-0.6%

Campbell SoupCPB

$4.99B0.0%

Hormel FoodsHRL

$4.87B-1.0%

Segments

By segment

See full

North America Confectionery$2.04B+0.2%

North America Salty Snacks$946.14M+44.0%

International$10.73M-33.3%

Other financials

Income statement

See full

Revenue$3.1B+10.6%

Gross profit$1.2B+29.5%

Operating income$640.7M+73.5%

Net income$435.1M+94.1%

EPS (diluted)$2.13+93.6%

Balance sheet

See full

Cash & equivalents$877.0M-42.1%

Total debt$568.8M-2.3%

Total equity$4.6B-1.7%

Total assets$13.8B-0.9%

Cash flow

See full

Operating cash flow$468.8M+18.2%

CapEx$114.6M-21.3%

Free cash flow$354.2M+41.0%

Valuation

See full

Market cap$36.33B+4.2%

Enterprise value$36.02B+4.3%

P/E33.2×+10.4×

P/S3×-0.1×

Profitability

See full

Gross margin35%-7.4pp

Operating margin14.3%-6.3pp

Net margin9.1%-6.2pp

FCF margin16.1%-0.9pp

Returns & leverage

See full

Return on equity18.9%-31.5pp

Debt / equity0.1×-0.2×

Current ratio1.2×-0.4×

Where this comes from

Reported directly by Hershey in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Hershey’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hershey's goodwill?: Hershey (HSY) reported goodwill of $2.99B in Q1 2026.
How has Hershey's goodwill changed year-over-year?: Hershey's goodwill increased by 10.6% year-over-year, from $2.71B to $2.99B.
What is the long-term trend for Hershey's goodwill?: Over 5 years (2020 to 2025), Hershey's goodwill has grown at a 8.5% compound annual growth rate (CAGR), from $1.99B to $3B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.