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Hershey HSY Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin146.4%-33.0pp153.9%-29.4pp167.7%-13.1pp174.3%-7.1pp179.5%-0.5pp
Operating margin62.2%-29.4pp68.4%-27.3pp82%-10.8pp87.2%-7.0pp91.6%-2.0pp
Net margin42.1%-26.0pp48.3%-22.6pp60.5%-7.2pp64.9%-3.8pp68.1%-0.3pp
Efficiency
Asset turnover3.5×0.0×3.4×-0.3×3.5×-0.3×3.5×-0.4×3.5×-0.4×
Liquidity
Current ratio5.3×+1.1×5.7×+2.0×5.4×+1.8×4.9×+1.0×4.3×+0.2×
Leverage
Net debt / EBITDA7.8×+1.9×7.4×+1.6×6.4×+0.3×6.2×-0.1×5.9×-0.5×
Valuation
Market capitalization$151.82B+4.7%$144.32B-3.8%$141.69B-8.0%$142.61B-8.6%$144.98B-14.7%
Price / earnings131×+52.5×113.5×+36.8×87.1×+5.4×81.1×-0.2×78.5×-11.2×
Price / sales13.1×-0.1×12.8×-0.7×12.7×-1.1×12.9×-1.0×13.2×-2.1×
EV / EBITDA74.7×+19.6×68.4×+14.1×58.6×+1.5×56.3×-1.0×55.1×-7.9×
Dividend yield11.5%-0.2pp12%+1.0pp12.3%+2.1pp12.1%+2.5pp11.7%+3.3pp

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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.