Hershey profit margin HSY
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 12.2%
- Operating margin, 12 months
- 17.8%
- Net margin on a year earlier
- −1.3 pts
- Peer median
- 3.0%
Over the twelve months to Jun 28, 2026, Hershey kept 12.2% of its revenue as net profit, with an operating margin of 17.8% and a gross margin of 38.4%.
Five years earlier its net margin was 16.5%.
The median for 10 consumer staples stocks of a similar size is 3.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 7.6% | 12.3% | 33.5% |
| FY2024 | 19.8% | 25.9% | 47.3% |
| FY2023 | 16.7% | 22.9% | 44.8% |
| FY2022 | 15.8% | 21.7% | 43.2% |
| FY2021 | 16.5% | 22.8% | 45.1% |
| FY2020 | 15.7% | 21.9% | 45.4% |
| FY2019 | 14.4% | 20.0% | 45.4% |
| FY2018 | 15.1% | 20.8% | 45.9% |
| FY2017 | 10.4% | 17.5% | 46.0% |
| FY2016 | 9.7% | 16.2% | 42.4% |
| FY2015 | 6.9% | 14.0% | 45.8% |
| FY2014 | 11.4% | 41.1% | 45.0% |
| FY2013 | 11.5% | 100.0% | 45.9% |
| FY2012 | 9.9% | 100.0% | 43.0% |
| FY2011 | 10.3% | 100.0% | 41.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 12.2% | −1.3 pts | 17.8% | |
| Q1 FY26 | 9.1% | −6.2 pts | 14.3% | |
| Q4 FY25 | 7.6% | −12.3 pts | 12.3% | |
| Q3 FY25 | 11.8% | −4.3 pts | 16.8% | |
| Q2 FY25 | 13.5% | −3.2 pts | 18.7% | |
| Q1 FY25 | 15.3% | −2.8 pts | 20.5% | |
| Q4 FY24 | 19.8% | +3.2 pts | 25.9% | |
| Q3 FY24 | 16.2% | −0.9 pts | 22.1% | |
| Q2 FY24 | 16.8% | +0.3 pts | 23.1% | |
| Q1 FY24 | 18.1% | +2.3 pts | 24.7% | |
| Q4 FY23 | 16.7% | +0.9 pts | 22.9% | |
| Q3 FY23 | 17.1% | +1.4 pts | 23.5% |
Against its peers
Companies in Consumer Defensive nearest Hershey's size, closest first, today.
| Company | Profit margin |
|---|---|
| HSYHershey | 12.2% |
| KMBKimberly-Clark | 11.8% |
| KVUEKenvue | 10.8% |
| ADMArcher-Daniels-Midland | 2.2% |
| SYYSysco | 2.1% |
| ELEstée Lauder Companies | 1.2% |
| KRKroger | 0.7% |
| KHCKraft Heinz | −13.6% |
| DGDollar General | 3.9% |
| CHDChurch & Dwight | 12.0% |
| KDPKeurig Dr Pepper | 7.1% |
| Peer median | 3.0% |
Where Hershey ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Hershey
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.