What are Hershey's profit margins?

Hershey (HSY) runs a 35.0% gross margin and a 14.3% operating margin, with a 9.1% net margin.

Where do Hershey's ratios come from?

Every ratio is computed from Hershey's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Hershey HSY Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	35%-7.4pp	33.5%-13.8pp	37.7%-6.6pp	40.1%-5.2pp	42.5%-3.8pp
Operating margin	14.3%-6.3pp	12.3%-13.5pp	16.8%-5.2pp	18.7%-4.4pp	20.5%-4.1pp
Net margin	9.1%-6.2pp	7.6%-12.3pp	11.8%-4.3pp	13.5%-3.2pp	15.3%-2.8pp
Efficiency
Asset turnover	0.9×0.0×	0.9×0.0×	0.9×0.0×	0.9×-0.1×	0.8×-0.2×
Liquidity
Current ratio	1.2×-0.4×	1.2×+0.2×	1.4×+0.5×	1.5×+0.7×	1.6×+0.6×
Leverage
Net debt / EBITDA	2×+0.4×	2.3×+1.0×	1.7×+0.2×	1.9×+0.3×	1.6×+0.1×
Valuation
Market capitalization	$42.14B+21.6%	$36.9B+7.7%	$37.92B-2.4%	$34.86B-6.4%	$34.64B-12.8%
Price / earnings	38.5×+17.5×	41.8×+26.4×	27.9×+6.0×	22.8×+2.6×	21×+1.9×
Price / sales	3.5×+0.3×	3.2×+0.1×	3.3×-0.2×	3.1×-0.3×	3.2×-0.3×
EV / EBITDA	20.9×+6.3×	21.2×+9.8×	17.3×+2.3×	15.3×+1.2×	14.5×+0.8×
Dividend yield	2.6%-0.5pp	2.9%-0.2pp	2.9%+0.2pp	3.1%+0.4pp	3.1%+0.7pp

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Questions, answered.

What are Hershey's profit margins?: Hershey (HSY) runs a 35.0% gross margin and a 14.3% operating margin, with a 9.1% net margin.
Where do Hershey's ratios come from?: Every ratio is computed from Hershey's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.